Mullen Automotive, Inc.

Mullen Automotive, Inc.

MULN
Mullen Automotive, Inc.US flagNASDAQ Capital Market
0.30
USD
-0.07
- -
539.00Market Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
- -
- -
- -
- -
91,500
156,331.71
2,415.53
Basic EPS, GAAP
-40,839,809
-30,177,962
-44,240,580
-130,008,207.67
-241,223,546.25
-67,280,249.14
-124,537.69
Free Cash Flow per Basic Share
-4,269,111
-11,348,468
-17,683,898
-13,886,289.17
-71,773,875
-28,614,790.86
-29,667.44
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
-106,128,983
-150,367,601
-148,317,903
-465,540,502
-331,316,623
-675,235.37
Tangible Book Value per Share
-36,225,720
-45,132,499
-64,212,574
-4,971,810.33
34,931,113.25
-6,228,895.86
-30,920.7
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
1
9
Operating Margin (%)
- -
- -
- -
- -
-80,093.27
-24,913.76
-2,598.02
Depreciation Expense
1
1
1
3
16
22
17
Net Income, GAAP
-41
-30
-44
-740
-972
-457
-468
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
-265,643.33
-41,766.4
-5,005.97
Working Capital
-25
-43
-64
-36
59
-120
-144
LT Debt
10
2
2
9
4
12
10
Total Equity
-34
-43
-62
157
273
-17
-107
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'25
Jun'25
ST Debt
6
15
26
LT Borrowings
10
- -
- -
LT Finance Leases
11
11
10
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
- -
- -
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'25
Jun'25
Total Current Assets
60
53
42
Cash, Cash Equivalents & STI
2
1
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
42
38
28
Total Current Liabilities
246
209
186
Payables & Accruals
58
60
54
ST Debt
6
15
26
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-63.19%
-106.07%
Free Cash Flow
- -
161.43%
-30.23%
Net Income, GAAP
- -
314.12%
-52.99%
Sales/Revenue/Turnover
- -
- -
199%
Total Cash Common Dividend
- -
- -
-288.89%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
1
1
2025
3
5
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-31,409,538.58
-106,873,706
-308,871,359
- -
-241,223,546.25
2024
-6,824,022.33
-10,188,769.46
-95,987,912
- -
-67,280,249.14
2025
-114,913,285
-1,177,530.02
-11,231.39
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
David Michery
Full Time Employees
388
Sector
Consumer Cyclical
Industry
Auto - Manufacturers
Address
1405 Pioneer Street Brea CA United States of America 92821
IPO Date
Oct 17, 2008
Business
Mullen Automotive, Inc. Mullen Automotive, Inc. (MULN) is a U.S.-based electric vehicle manufacturer specializing in commercial and passenger EVs; it designs, assembles, and delivers Class 1-6 electric trucks, cargo vans, cab chassis, SUVs, and high-performance crossovers through its manufacturing facilities in Tunica, Mississippi, and Mishawaka, Indiana. Core products include the Mullen ONE Class 1 cargo van with 110-mile range and 1,683-pound payload capacity, Mullen THREE Class 3 low cab forward with 125-mile range and 5,316-pound payload, Bollinger B4 chassis cab and B1/B2 electric SUV trucks for medium-duty Classes 4-6, and the Mullen FIVE crossover series featuring the upcoming FIVE RS high-performance SUV variant; the company also offers the Mullen Vehicle Center digital platform for parts, service, warranty, and vehicle management. Founded in 2014 and headquartered in Brea, California, Mullen Automotive operates a nationwide commercial dealer network including Papé Kenworth, Pritchard EV, National Auto Fleet Group, Ziegler Truck Group, Range Truck Group, Eco Auto, and Randy Marion Auto Group, covering West Coast, Midwest, Pacific Northwest, New England, and Mid-Atlantic markets, with vehicles certified by CARB and EPA for U.S. sales. Recent developments include increasing its stake in Bollinger Motors to 95% in June 2025 to consolidate commercial EV operations and boost shareholder equity by $3.5 million, partnering with Amerit Fleet Solutions in 2023 for nationwide service, parts, and warranty support, announcing the FIVE RS SUV launch and sales in Germany via a manufacturing partnership with Faissner Petermeier Fahrzeugtechnik AG in December 2025, and emphasizing 100% U.S.-sourced components for regulatory compliance.

Company News

APIChat
  • Gigapower Appoints Jonathan Mullen as Chief Administrative Officer and General Counsel

  • Mullen Oilfield Services L.P. Launches Grande Prairie Service Centre Website - A new digital platform enhancing access to fleet maintenance and heavy-duty repair services in Grande Prairie, Alberta

  • Mullen Hospitality Management Appoints Javier Coll as President

  • Generational Group Advises Direct Metals, Inc. in its Sale to Trivest Partners in Partnership with First Lexington Capital and DMI CEO Andrew Mullen

  • Putin Won't Stop With Ukraine, Says Admiral Mullen

  • MULLEN ALERT: Bragar Eagel & Squire, P.C. is Investigating Mullen Automotive, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

  • Mullen Automotive Inc. Changes Name to Bollinger Innovations, Inc. Effective Today

  • Mullen Announces Company Name Change to Bollinger Innovations, Inc. Effective July 28, 2025

  • Mullen Announces Plan to Change Company's Name to Bollinger Innovations, Inc. and NASDAQ Approval for New Symbol — BINI

  • NEW YORK STATE TO OFFER NEW COMMERCIAL EV INCENTIVES IN AUGUST; PERFECT TIME TO BUY THE BOLLINGER B4 ALL-ELECTRIC TRUCK

  • New York State to Offer New Commercial EV Incentives in August; Perfect Time to Buy the Bollinger B4 All-Electric Truck

  • Mullen Announces Name Change to Bollinger Innovations and Consolidation of Operations to Drive Efficiency

  • Mullen Automotive to accept crypto for purchase of commercial EVs

  • Mullen Automotive Finalizes Settlement with GEM Group

  • BOLLINGER MOTORS EMERGES FROM RECEIVERSHIP AS PARENT COMPANY MULLEN AUTOMOTIVE SETTLES CLAIM

  • Mullen Announces FIVE RS Launch and Vehicle Sales in Germany in December 2025

  • Mullen Reaches Definitive Agreement to Acquire Additional 21% of Bollinger Motors, Bringing Its Total Ownership to 95% and Eliminates Significant Debt

  • Mullen stock price went parabolic: is MULN a good buy now?

  • Mullen Automotive Enters Into Settlement Agreement with GEM Group

  • MULLEN ALERT: Bragar Eagel & Squire, P.C. is Investigating Mullen Automotive, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm