NeoVolta Inc Financials
NeoVolta Inc (NEOVW) reported $8.4M in revenue for fiscal year 2025, up 218.6% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
FY2025’s sales rebound looks externally financed: volume returned, but losses, leverage, and working-capital needs rose with it.
In the latest year, revenue more than tripled while operating margin improved to-56.0% , a sign that higher volume absorbed some fixed overhead even though gross margin slipped. Yet operating cash flow of-$4.43M stayed close to the net loss of-$5.03M , which means the reported loss is also a real cash drain rather than an accounting-only gap.
External funding did most of the heavy lifting: financing inflow of
Even after the sales rebound, gross margin stayed below
Financial Health Signals
NeoVolta Inc does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
NeoVolta Inc passes 2 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
NeoVolta Inc reported a net loss of $5.0M while operations used $4.4M of cash. With neither figure positive, the ratio between the two carries no quality signal.
NeoVolta Inc reported an operating loss of $4.7M against $320K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
NeoVolta Inc generated $8.4M in revenue in fiscal year 2025. This represents an increase of 218.6% from the prior year.
NeoVolta Inc reported -$5.0M in net income in fiscal year 2025. This represents a decrease of 118.6% from the prior year.
NeoVolta Inc earned -$0.15 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 114.3% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
NeoVolta Inc held $795K in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
NeoVolta Inc's gross margin was 17.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 1.4 percentage points from the prior year.
NeoVolta Inc's operating margin was -56.0% in fiscal year 2025, reflecting core business profitability. This is up 32.4 percentage points from the prior year.
NeoVolta Inc's net profit margin was -59.7% in fiscal year 2025, showing the share of revenue converted to profit. This is up 27.3 percentage points from the prior year.
NeoVolta Inc's ROE was -173.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 122.9 percentage points from the prior year.
Capital Allocation
NeoVolta Inc invested $157K in research and development in fiscal year 2025. This represents an increase of 721.3% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
NEOVW Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|---|
| Revenue | $18.1M | $8.4M+218.6% | $2.6M-23.5% | $3.5M-22.7% | $4.5M-7.3% | $4.8M |
| Cost of Revenue | $14.2M | $6.9M+224.2% | $2.1M-22.9% | $2.8M-27.3% | $3.8M-8.8% | $4.2M |
| Gross Profit | $3.9M | $1.5M+195.2% | $510K-25.8% | $688K+3.1% | $667K+3.0% | $648K |
| R&D Expenses | $598K | $157K+721.3% | $19K-36.0% | $30K-56.3% | $69K+60.0% | $43K |
| SG&A Expenses | $12.4M | $6.1M+114.5% | $2.8M-14.1% | $3.3M-48.2% | $6.4M-23.0% | $8.3M |
| Operating Income | -$9.4M | -$4.7M-101.8% | -$2.3M+11.3% | -$2.6M+54.2% | -$5.8M+24.8% | -$7.7M |
| Interest Expense | $295K | $320K | $0-100.0% | $4K-91.7% | $50K+102.0% | $25K |
| Income Tax | N/A | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$11.5M | -$5.0M-118.6% | -$2.3M+12.7% | -$2.6M+54.5% | -$5.8M+24.1% | -$7.6M |
| EPS (Diluted) | — | -$0.15-114.3% | -$0.07+12.5% | -$0.08 | -$0.28+34.9% | -$0.43 |
TTM is the trailing twelve months, Q4 FY2025 through Q3 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
NEOVW Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|
| Total Assets | $6.8M+46.1% | $4.7M-28.4% | $6.5M+57.7% | $4.1M+26.5% | $3.3M |
| Current Assets | $6.7M+43.1% | $4.7M-28.4% | $6.5M+57.7% | $4.1M+26.5% | $3.3M |
| Cash & Equivalents | $795K-19.4% | $986K-50.7% | $2.0M+506.2% | $330K-22.4% | $426K |
| Inventory | $2.1M+19.6% | $1.8M-30.7% | $2.6M+15.3% | $2.2M+34.7% | $1.7M |
| Accounts Receivable | $3.0M+65.2% | $1.8M-1.1% | $1.8M+38.6% | $1.3M+16.8% | $1.1M |
| Total Liabilities | $3.9M+6275.5% | $61K+54.7% | $39K-97.4% | $1.5M+1228.1% | $114K |
| Current Liabilities | $3.5M+5647.8% | $61K+54.7% | $39K-97.3% | $1.5M+1443.1% | $94K |
| Long-Term Debt | N/A | N/A | N/A | $1.1M | N/A |
| Total Equity | $2.9M-36.7% | $4.6M-28.9% | $6.5M+147.1% | $2.6M-16.9% | $3.1M |
| Retained Earnings | -$25.8M-24.3% | -$20.7M-12.5% | -$18.4M-16.7% | -$15.8M-57.4% | -$10.0M |
Not reported in any period shown, so not listed: Goodwill.
NEOVW Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | -$9.1M | -$4.4M-335.5% | -$1.0M+51.8% | -$2.1M-81.2% | -$1.2M-31.7% | -$884K |
| Financing Cash Flow | $22.8M | $4.2M | $0-100.0% | $3.8M+254.0% | $1.1M | $0 |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Investing Cash Flow, Dividends Paid, Share Buybacks.
TTM is the trailing twelve months, Q4 FY2025 through Q3 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
NEOVW Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|
| Gross Margin | 17.9%-1.4pp | 19.3%-0.6pp | 19.9%+5.0pp | 14.9%+1.5pp | 13.4% |
| Operating Margin | -56.0%+32.4pp | -88.3%-12.1pp | -76.3% | -128.7% | -158.6% |
| Net Margin | -59.7%+27.3pp | -87.1%-10.7pp | -76.4% | -129.8% | -158.5% |
| Return on Equity | -173.0%-122.9pp | -50.1%-9.3pp | -40.8%+181.0pp | -221.8%+21.0pp | -242.8% |
| Return on Assets | -74.0%-24.5pp | -49.5%-8.9pp | -40.6%+100.1pp | -140.7%+93.7pp | -234.4% |
| Current Ratio | 1.90-74.3x | 76.21-88.5x | 164.74+161.9x | 2.84-31.8x | 34.61 |
| Debt-to-Equity | 1.34+1.3x | 0.010.0x | 0.01-0.4x | 0.43+0.4x | 0.04 |
Not reported in any period shown, so not listed: FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.
Where NeoVolta Inc Ranks
Frequently Asked Questions
What is NeoVolta Inc's annual revenue?
NeoVolta Inc (NEOVW) reported $8.4M in total revenue for fiscal year 2025. This represents a 218.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is NeoVolta Inc's revenue growing?
NeoVolta Inc (NEOVW) revenue grew by 218.6% year-over-year, from $2.6M to $8.4M in fiscal year 2025.
Is NeoVolta Inc profitable?
No, NeoVolta Inc (NEOVW) reported a net income of -$5.0M in fiscal year 2025, with a net profit margin of -59.7%.
What is NeoVolta Inc's gross margin?
NeoVolta Inc (NEOVW) had a gross margin of 17.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is NeoVolta Inc's operating margin?
NeoVolta Inc (NEOVW) had an operating margin of -56.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is NeoVolta Inc's net profit margin?
NeoVolta Inc (NEOVW) had a net profit margin of -59.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is NeoVolta Inc's return on equity (ROE)?
NeoVolta Inc (NEOVW) has a return on equity of -173.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is NeoVolta Inc's operating cash flow?
NeoVolta Inc (NEOVW) recorded an outflow of $4.4M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are NeoVolta Inc's total assets?
NeoVolta Inc (NEOVW) had $6.8M in total assets as of fiscal year 2025, including both current and long-term assets.
How much does NeoVolta Inc spend on research and development?
NeoVolta Inc (NEOVW) invested $157K in research and development during fiscal year 2025.
What is NeoVolta Inc's current ratio?
NeoVolta Inc (NEOVW) had a current ratio of 1.90 as of fiscal year 2025, which is generally considered healthy.
What is NeoVolta Inc's debt-to-equity ratio?
NeoVolta Inc (NEOVW) had a debt-to-equity ratio of 1.34 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is NeoVolta Inc's return on assets (ROA)?
NeoVolta Inc (NEOVW) had a return on assets of -74.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is NeoVolta Inc's cash runway?
Based on fiscal year 2025 data, NeoVolta Inc (NEOVW) had $795K in cash against an annual operating cash burn of $4.4M. This gives an estimated cash runway of approximately 2 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is NeoVolta Inc's Piotroski F-Score?
NeoVolta Inc (NEOVW) has a Piotroski F-Score of 2 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are NeoVolta Inc's earnings high quality?
NeoVolta Inc (NEOVW) reported a net loss of $5.0M while operations used $4.4M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can NeoVolta Inc cover its interest payments?
NeoVolta Inc (NEOVW) reported an operating loss of $4.7M against $320K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.