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Bollinger Innovations, Inc.(BINI)Earnings, Financials & Key Ratios
BINI•NASDAQ
$0.07
Price updated Jul 6, 2026
AboutBollinger Innovations, Inc., an electric vehicle company, manufactures, sells, and distributes electric vehicles in the United States. The company operates in two segments, Bollinger and Mullen Commercial. Its products include passenger and commercial vehicles; and provides battery system technology. The company was formerly known as Mullen Automotive, Inc. and changed its name to Bollinger Innovations, Inc. in July 2025. The company is headquartered in Brea, California.Show more
- Revenue$1M+199.0%
- EBITDA-$251M+9.4%
- Net Income-$457M+53.0%
- EPS (Diluted)-345881.51+65.4%
- Gross Margin-1443.8%-5836.4%
- EBITDA Margin-22904.81%+69.7%
- Operating Margin-24913.76%+68.9%
- Net Margin-41766.4%+84.3%
- ROE-356.71%+21.2%
BINI Price & Volume
Bollinger Innovations, Inc. (BINI) stock price & volume — 10-year historical chart
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Severe Liquidity Constraints Threaten Operational Viability
Investment Thesis • Updated 2025Q3
VerdictNegative
Growth:Mixed
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Imminent liquidity and dilution
Key Thesis Takeaways
- Bollinger Innovations faces a critical existential threat as its cash reserves have dwindled to a nominal $454.7K, leaving the company unable to sustain its current quarterly operating loss of $57.9M.
- The firm's inability to scale production is evidenced by a negative 21.3% gross margin and a reliance on $24.7M in stock-based compensation to manage its cost structure.
- Investors should remain cautious as the company's negative equity position of $107.9M and persistent cash burn suggest an imminent need for dilutive financing or a potential restructuring event.
Verdict Logic
the company's cash position of $454.7K against a quarterly operating loss of $57.9M indicates a high probability of insolvency or extreme shareholder dilution.
BINI Growth Metrics
Bollinger Innovations, Inc. (BINI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-25.66%
5 Years-55.82%
3 Years-
TTM5865.42%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-3.12%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM100%
Return on Capital
10 Years-108.62%
5 Years-158.91%
3 Years-158.91%
Last Year-196.46%
Peers Comparison
Key metrics vs top competitors for Bollinger Innovations, Inc. (BINI)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $0.07 | $1 | — | 199% | -41766.4% | -356.71% | — | |
| $20.14 | $24.91B | -6.56 | 8.39% | -63.62% | -69.6% | — | |
| $6.66 | $2.2B | -0.55 | 67.58% | -300.36% | -193.02% | — | |
| $2.80 | $30.5M | -0.41 | 220.58% | -254.32% | -204.85% | — | |
| $419.77 | $1.58T | 388.68 | -2.93% | 3.96% | 4.75% | — | |
| $77.85 | $70.19B | 23.81 | -1.29% | 1.38% | 3.84% | — |
Compare BINI vs Peers
Bollinger Innovations, Inc. (BINI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
BINI SEC Filings & Documents
Bollinger Innovations, Inc. (BINI) SEC filings — annual & quarterly reports (10-K, 10-Q)
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BINI Frequently Asked Questions
Bollinger Innovations, Inc. (BINI) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Bollinger Innovations, Inc.'s revenue?
Bollinger Innovations, Inc. (BINI) reported $9.3M in revenue for fiscal year 2024. This represents a 4999% increase from $0.2M in 2011.
How fast is Bollinger Innovations, Inc. growing?
Bollinger Innovations, Inc. (BINI) grew revenue by 199.0% over the past year. This is strong growth.
Is BINI profitable?
Bollinger Innovations, Inc. (BINI) reported a net loss of $467.6M for fiscal year 2024.
Dividend & Returns
What is BINI's return on equity?
Bollinger Innovations, Inc. (BINI) has a return on equity (ROE) of -356.7%. Negative ROE indicates the company is unprofitable.
What is Bollinger Innovations, Inc.'s free cash flow?
Bollinger Innovations, Inc. (BINI) had negative free cash flow of $114.7M in fiscal year 2024, likely due to heavy capital investments.