BINI Chart
About

Bollinger 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.

Fundamentals
Scroll to Statements
Sector Consumer Cyclical Industry Auto Manufacturers Market Cap 35.43K
Enterprise Value 36.44M Income -472.94M Sales 9.34M
Book/sh -1083.74 Cash/sh 24.68 Dividend Yield
Payout 0.00% Employees 388 IPO
P/E Forward P/E PEG
P/S 0.00 P/B -0.00 P/C
EV/EBITDA -0.16 EV/Sales 3.90 Quick Ratio 0.00
Current Ratio 0.23 Debt/Eq LT Debt/Eq
EPS (ttm) -1188295.80 EPS next Y EPS Growth
Revenue Growth 6.26% Earnings 2026-02-13 ROA -107.73%
ROE ROIC Gross Margin 0.00%
Oper. Margin -122.13% Profit Margin 0.00% Shs Outstand 506.09K
Shs Float 18.40K Short Float 122.25% Short Ratio 0.76
Short Interest 52W High 1800000.00 52W Low 0.01
Beta -1298018050.00 Avg Volume 127.61K Volume 2.62K
Target Price Recom None Prev Close $0.08
Price $0.07 Change -12.50%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
Mean price target
2. Current target
$0.07
Latest analyst target
3. DCF / Fair value
$1038.27
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.07
Low
High
Mean
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 27900 14980.0 Purchase at price 0.54 per share. WINVEST INVESTMENT FUND MANAGEMENT CORP. Beneficial Owner of more than 10% of a Class of Security 2025-10-10 00:00:00 D
1 29589 20014.0 Sale at price 0.68 per share. WINVEST INVESTMENT FUND MANAGEMENT CORP. Beneficial Owner of more than 10% of a Class of Security 2025-10-10 00:00:00 D
2 21000 124261.0 Sale at price 5.92 per share. PUCKETT KENT Director 2025-06-10 00:00:00 D
3 21000 nan PUCKETT KENT Director 2025-06-09 00:00:00 D
4 2012436 160995.0 Sale at price 0.08 per share. HRT FINANCIAL L.P Beneficial Owner of more than 10% of a Class of Security 2025-04-04 00:00:00 D
5 546706 43736.0 Purchase at price 0.08 per share. HRT FINANCIAL L.P Beneficial Owner of more than 10% of a Class of Security 2025-04-03 00:00:00 D
6 62000 124620.0 Sale at price 2.01 per share. WINTER MARY Director 2025-03-05 00:00:00 D
7 20000 nan MICHERY DAVID Chief Executive Officer 2025-03-04 00:00:00 D
8 62000 nan WINTER MARY Director 2025-03-03 00:00:00 D
9 2716 10131.0 Sale at price 3.73 per share. WINTER MARY Director 2025-02-27 00:00:00 D
Financials
Line Item2024-09-302023-09-302022-09-302021-09-30
TaxEffectOfUnusualItems-1.84M-7.22M-128.25M240.46K
TaxRateForCalcs0.010.010.210.27
NormalizedEBITDA-254.19M-274.35M-99.35M-23.24M
TotalUnusualItems-184.16M-721.92M-610.74M890.58K
TotalUnusualItemsExcludingGoodwill-184.16M-721.92M-610.74M890.58K
NetIncomeFromContinuingOperationNetMinorityInterest-457.06M-972.25M-739.53M-44.24M
ReconciledDepreciation21.98M16.39M3.28M720.80K
ReconciledCostOfRevenue16.89M273.88K0.00
EBITDA-438.35M-996.27M-710.09M-22.35M
EBIT-460.34M-1.01B-713.37M-23.07M
NetInterestIncome-55.38M-4.99M-26.95M-22.73M
InterestExpense49.38M4.99M26.95M21.17M
NormalizedIncome-274.74M-257.55M-257.05M-44.89M
NetIncomeFromContinuingAndDiscontinuedOperation-457.06M-972.25M-739.53M-44.24M
TotalExpenses273.73M293.51M96.99M22.40M
RentExpenseSupplemental1.43M2.15M1.78M
TotalOperatingIncomeAsReported-391.83M-377.77M-96.99M-22.40M
DilutedAverageShares7.004.006.004.00
BasicAverageShares7.004.006.004.00
DilutedEPS-67.28M-241.22M-130.01M-11.06M
BasicEPS-67.28M-241.22M-130.01M-11.06M
DilutedNIAvailtoComStockholders-470.96M-964.89M-780.05M-44.24M
NetIncomeCommonStockholders-470.96M-964.89M-780.05M-44.24M
PreferredStockDividends13.90M-7.36M40.52M
NetIncome-457.06M-972.25M-739.53M-44.24M
MinorityInterests48.77M34.40M791.95K0.00
NetIncomeIncludingNoncontrollingInterests-505.83M-1.01B-740.32M-44.24M
NetIncomeContinuousOperations-505.83M-1.01B-740.32M-44.24M
TaxProvision-3.89M-10.99M1.60K800.00
PretaxIncome-509.72M-1.02B-740.32M-44.24M
OtherIncomeExpense-181.70M-719.51M-616.38M890.58K
OtherNonOperatingIncomeExpenses2.46M2.41M-5.65M
SpecialIncomeCharges-120.36M-90.49M-3.51M890.58K
GainOnSaleOfPPE-511.84K386.38K-50.57K0.00
OtherSpecialCharges655.72K6.25M3.46M-890.58K
ImpairmentOfCapitalAssets119.19M84.63M0.00
GainOnSaleOfSecurity-63.80M-631.43M-607.22M
NetNonOperatingInterestIncomeExpense-55.38M-4.99M-26.95M-22.73M
TotalOtherFinanceCost6.00M1.56M
InterestExpenseNonOperating49.38M4.99M26.95M21.17M
OperatingIncome-272.64M-293.14M-96.99M-22.40M
OperatingExpense256.84M293.23M96.99M22.40M
OtherOperatingExpenses1.13M392.68K244.87K
OtherTaxes442.28K-284.85K73.53K
DepreciationAmortizationDepletionIncomeStatement16.39M1.86M720.80K
DepreciationAndAmortizationInIncomeStatement16.39M1.86M720.80K
Amortization6.60M888.77K0.00
AmortizationOfIntangiblesIncomeStatement6.60M888.77K0.00
DepreciationIncomeStatement9.79M966.94K720.80K
ResearchAndDevelopment74.89M77.39M21.65M3.01M
SellingGeneralAndAdministration181.95M215.85M73.37M18.35M
SellingAndMarketingExpense8.44M4.41M413.77K
GeneralAndAdministrativeExpense181.95M215.85M68.97M17.94M
OtherGandA181.95M215.85M50.52M9.70M
RentAndLandingFees1.43M2.15M1.78M
SalariesAndWages98.85M16.30M6.46M
GrossProfit-15.80M92.12K0.00
CostOfRevenue16.89M273.88K0.00
TotalRevenue1.09M366.00K0.000.00
OperatingRevenue1.09M366.00K0.000.00
Line Item2024-09-302023-09-302022-09-302021-09-30
OrdinarySharesNumber0.000.000.000.00
ShareIssued7.004.006.0010.00
NetDebt39.41M
TotalDebt19.94M13.16M13.81M41.91M
TangibleBookValue-55.61M75.87M-128.09M-64.21M
InvestedCapital-23.16M216.41M67.71M-22.27M
WorkingCapital-120.00M58.52M-35.90M-64.35M
NetTangibleAssets-55.61M75.87M-128.08M-64.21M
CapitalLeaseObligations14.54M5.70M4.79M2.46M
CommonStockEquity-28.56M208.95M58.69M-61.72M
PreferredStockEquity364.001.58K5.72K5.67K
TotalCapitalization-28.56M208.95M63.86M-61.46M
TotalEquityGrossMinorityInterest-16.55M272.81M156.96M-61.71M
MinorityInterest12.01M63.86M98.26M0.00
StockholdersEquity-28.56M208.95M58.70M-61.71M
RetainedEarnings-2.32B-1.86B-889.91M-150.37M
AdditionalPaidInCapital2.29B2.07B948.60M88.65M
CapitalStock4.94K1.60K5.76K12.72K
CommonStock4.58K29.0037.007.05K
PreferredStock364.001.58K5.72K5.67K
TotalLiabilitiesNetMinorityInterest195.18M148.90M145.64M78.88M
TotalNonCurrentLiabilitiesNetMinorityInterest12.00M9.29M23.41M7.72M
OtherNonCurrentLiabilities356.21K1.83M-1.005.62M
NonCurrentDeferredLiabilities0.003.89M14.88M0.00
NonCurrentDeferredTaxesLiabilities0.003.89M14.88M0.00
LongTermDebtAndCapitalLeaseObligation11.65M3.57M8.52M2.11M
LongTermCapitalLeaseObligation11.65M3.57M3.36M1.86M
LongTermDebt5.16M247.61K
CurrentLiabilities183.17M139.61M122.23M71.16M
OtherCurrentLiabilities82.69M75.88M95.89M7.03M
CurrentDeferredLiabilities1.74M0.00
CurrentDeferredTaxesLiabilities1.74M0.00
CurrentDebtAndCapitalLeaseObligation8.29M9.60M5.28M39.80M
CurrentCapitalLeaseObligation2.89M2.13M1.43M599.90K
CurrentDebt5.40M7.46M3.86M39.20M
OtherCurrentBorrowings3.01M62.61K805.41K39.20M
CurrentNotesPayable2.39M7.40M3.05M
CurrentProvisions37.91M29.76M
PayablesAndAccruedExpenses54.27M24.37M21.06M24.33M
CurrentAccruedExpenses6.95M7.94M5.44M19.13M
InterestPayable2.40M1.55M1.38M12.49M
Payables47.32M16.43M15.62M5.21M
DividendsPayable492.29K401.86K7.76M0.00
TotalTaxPayable5.49M2.85M1.74M0.00
AccountsPayable41.34M13.18M6.11M5.21M
TotalAssets178.63M421.71M302.59M17.17M
TotalNonCurrentAssets115.46M223.58M216.26M10.36M
OtherNonCurrentAssets3.06M2.91M
NonCurrentPrepaidAssets3.18M960.50K5.78M1.43M
DuefromRelatedPartiesNonCurrent0.002.25M1.23M0.00
NonCurrentNoteReceivables90.55K
NonCurrentAccountsReceivable2.25M1.23M
GoodwillAndOtherIntangibleAssets27.06M133.08M186.78M2.50M
OtherIntangibleAssets27.06M104.24M93.95M2.50M
Goodwill0.0028.85M92.83M0.00
NetPPE85.22M87.28M19.40M3.53M
AccumulatedDepreciation-22.43M-4.96M-2.90M-2.58M
GrossPPE107.65M92.24M22.30M6.12M
Leases76.44K66.38K
ConstructionInProgress3.18M5.18M269.78K0.00
OtherProperties9.42M8.07M6.34M2.35M
MachineryFurnitureEquipment41.97M27.86M7.38M2.89M
BuildingsAndImprovements50.01M48.08M7.66M804.65K
LandAndImprovements3.07M3.04M647.58K
Properties0.000.000.000.00
CurrentAssets63.17M198.13M86.33M6.81M
OtherCurrentAssets24.96M1.96M250.33K
CurrentDeferredAssets261.55K
RestrictedCash426.85K429.37K30.29M0.00
PrepaidAssets14.80M24.96M1.96M6.77M
Inventory37.50M16.81M0.0055.75K
InventoriesAdjustmentsAllowances-1.00M
FinishedGoods20.48M937.32K
WorkInProcess4.36M3.14M
RawMaterials12.66M12.73M55.75K
Receivables124.30K671.75K0.00
AccountsReceivable124.30K671.75K0.00
CashCashEquivalentsAndShortTermInvestments10.32M155.27M54.09M42.17K
CashAndCashEquivalents10.32M155.27M54.09M42.17K
Line Item2024-09-302023-09-302022-09-302021-09-30
FreeCashFlow-200.30M-287.10M-83.32M-17.68M
RepurchaseOfCapitalStock0.00-5.61M0.00
RepaymentOfDebt-4.95M-20.69M-15.10M-580.87K
IssuanceOfDebt61.70M170.00M12.24M12.77M
IssuanceOfCapitalStock0.00197.00M185.14M5.51M
CapitalExpenditure-14.75M-107.92M-17.52M-161.78K
InterestPaidSupplementalData37.46K122.50K1.41M15.14K
IncomeTaxPaidSupplementalData0.000.00800.00
EndCashPosition10.75M155.70M84.38M42.17K
BeginningCashPosition155.70M84.38M42.17K33.37K
ChangesInCash-144.95M71.32M84.33M8.81K
FinancingCashFlow56.76M358.42M197.28M17.69M
CashFlowFromContinuingFinancingActivities56.76M358.42M197.28M17.69M
NetOtherFinancingCharges17.72M
ProceedsFromStockOptionExercised0.0015.00M0.00
NetPreferredStockIssuance197.00M142.87M705.00K
PreferredStockIssuance197.00M142.87M705.00K
NetCommonStockIssuance0.00191.39M42.27M4.80M
CommonStockPayments0.00-5.61M0.00
CommonStockIssuance0.00197.00M42.27M4.80M
NetIssuancePaymentsOfDebt56.76M149.31M-2.86M12.19M
NetShortTermDebtIssuance56.76M149.31M
ShortTermDebtPayments-4.95M-20.69M
ShortTermDebtIssuance61.70M170.00M
NetLongTermDebtIssuance149.31M-2.86M12.19M
LongTermDebtPayments-20.69M-15.10M-580.87K
LongTermDebtIssuance170.00M12.24M12.77M
InvestingCashFlow-16.15M-107.92M-47.15M-161.78K
CashFlowFromContinuingInvestingActivities-16.15M-107.92M-47.15M-161.78K
NetOtherInvestingChanges-5.50M
NetBusinessPurchaseAndSale-1.40M0.00-29.63M0.00
PurchaseOfBusiness-1.40M0.00-29.63M0.00
NetIntangiblesPurchaseAndSale0.00-498.43K-415.18K-117.89K
PurchaseOfIntangibles0.00-498.43K-415.18K-117.89K
NetPPEPurchaseAndSale-14.75M-107.42M-17.11M-43.89K
PurchaseOfPPE-14.75M-107.42M-17.11M-43.89K
OperatingCashFlow-185.56M-179.17M-65.80M-17.52M
CashFlowFromContinuingOperatingActivities-185.56M-179.17M-65.80M-17.52M
ChangeInWorkingCapital7.22M6.05M-13.27M-1.09M
ChangeInOtherWorkingCapital-455.86K261.22K441.07K
ChangeInOtherCurrentLiabilities0.00-490.55K
ChangeInOtherCurrentAssets0.00-49.27K
ChangeInPayablesAndAccruedExpense34.98M46.28M-16.82M3.11M
ChangeInAccruedExpense9.75M38.50M-18.01M-2.55M
ChangeInPayable25.23M7.78M1.19M5.67M
ChangeInAccountPayable25.23M7.78M1.19M5.67M
ChangeInPrepaidAssets8.42M-22.69M3.11M-3.57M
ChangeInInventory-36.27M-17.81M0.00-87.17K
ChangeInReceivables547.46K0.00
ChangesInAccountReceivables547.46K0.00
OtherNonCashItems54.79M862.04K33.48M22.94M
StockBasedCompensation40.43M85.44M43.72M4.97M
AssetImpairmentCharge134.77M85.63M0.0074.50K
DeferredTax-3.89M-10.99M1.60K800.00
DeferredIncomeTax-3.89M-10.99M1.60K800.00
DepreciationAmortizationDepletion21.98M16.39M3.28M720.80K
DepreciationAndAmortization21.98M16.39M3.28M720.80K
OperatingGainsLosses64.97M644.10M607.32M-890.58K
GainLossOnInvestmentSecurities63.80M638.24M607.22M
NetIncomeFromContinuingOperations-505.83M-1.01B-740.32M-44.24M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for BINI
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status