Mullen Automotive Past Earnings Performance
Past criteria checks 0/6
Mullen Automotive's earnings have been declining at an average annual rate of -64.6%, while the Auto industry saw earnings growing at 21.8% annually. Revenues have been growing at an average rate of 144.6% per year.
Key information
-64.6%
Earnings growth rate
98.9%
EPS growth rate
| Auto Industry Growth | 23.9% |
| Revenue growth rate | 144.6% |
| Return on equity | -254.7% |
| Net Margin | -177,430.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Bollinger Motors, Wabash partner to develop all-electric refrigerated delivery truck
Sep 21Mullen shares specifics on FIVE RS EV sport crossover
Sep 15Mullen, Watergen partner to launch in-vehicle air-to-water tech for EVs
Sep 01Mullen's first EV crossover demo vehicles will arrive in October 2022
Aug 22Mullen: Well Positioned For The Solid-State Battery Race
Aug 09Mullen opens new automotive development center in Irvine
Aug 01Mullen: A Force In The Making
Jul 21Mullen Automotive signs agreement with Amazon's delivery partner for EV cargo vans
Jul 11Mullen to report strongest balance sheet in company’s history, says CEO David Michery
Jun 30Mullen: Too Many Positive Catalysts Ahead
Jun 14Mullen Automotive Stock: What Is The Outlook For The Rest Of 2022?
May 04Mullen Automotive - A Short Squeeze Could Present Short Selling Opportunities
Mar 16Revenue & Expenses BreakdownBeta
How Mullen Automotive makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 0 | -649 | 192 | 85 |
| 30 Sep 23 | 0 | -965 | 215 | 77 |
| 30 Jun 23 | 0 | -1,050 | 166 | 63 |
| 31 Mar 23 | 0 | -750 | 145 | 48 |
| 31 Dec 22 | 0 | -1,001 | 127 | 29 |
| 30 Sep 22 | 0 | -780 | 75 | 22 |
| 30 Jun 22 | 0 | -538 | 60 | 10 |
| 31 Mar 22 | 0 | -546 | 54 | 4 |
| 31 Dec 21 | 0 | -195 | 29 | 4 |
| 30 Sep 21 | 0 | -44 | 19 | 3 |
| 30 Jun 21 | 0 | -38 | 16 | 4 |
| 31 Mar 21 | 0 | -30 | 14 | 3 |
| 31 Dec 20 | 0 | -28 | 11 | 2 |
| 30 Sep 20 | 0 | -30 | 10 | 2 |
Quality Earnings: MULN is currently unprofitable.
Growing Profit Margin: MULN is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MULN is unprofitable, and losses have increased over the past 5 years at a rate of 64.6% per year.
Accelerating Growth: Unable to compare MULN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MULN is unprofitable, making it difficult to compare its past year earnings growth to the Auto industry (14.3%).
Return on Equity
High ROE: MULN has a negative Return on Equity (-254.66%), as it is currently unprofitable.