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NeoVolta Inc. (NEOV) 10-Year Financial Performance & Capital Metrics

NEOV • • Industrial / General
IndustrialsElectrical EquipmentEnergy Storage SystemsResidential & Commercial Storage
AboutNeoVolta Inc. designs, manufactures, and sells energy storage systems in the United States. It offers NV14 and NV 24 energy storage systems to store and use energy through batteries and an inverter at residential or commercial sites. The company markets and sells its products directly to certified solar installers and solar equipment distributors. NeoVolta Inc. was founded in 2018 and is headquartered in Poway, California.Show more
  • Revenue $8M +218.6%
  • EBITDA -$5M -143.4%
  • Net Income -$5M -118.6%
  • EPS (Diluted) -0.15 -116.5%
  • Gross Margin 17.88% -7.3%
  • EBITDA Margin -55.01% +23.6%
  • Operating Margin -55.97% +36.7%
  • Net Margin -59.74% +31.4%
  • ROE -134.16% -222.2%
  • ROIC -79.92% -84.1%
  • Debt/Equity 1.07
  • Interest Coverage -14.72
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong 5Y sales CAGR of 33.2%
  • ✓Efficient asset utilization: 1.2x turnover

✗Weaknesses

  • ✗Weak Piotroski F-Score: 3/9
  • ✗Negative free cash flow
  • ✗Trading more than 30% below 52-week high
  • ✗Expensive at 42.7x book value

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y33.17%
3Y23.5%
TTM486.23%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-87.15%

EPS CAGR

10Y-
5Y-
3Y-
TTM-88.06%

ROCE

10Y Avg-199.55%
5Y Avg-130.08%
3Y Avg-73.17%
Latest-119.57%

Peer Comparison

Residential & Commercial Storage
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Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
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Technical
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
ENSEnerSys6.01B162.9218.121%9.05%18.06%2.32%0.63
AIRJAirJoule Technologies Corporation208.13M3.430.85-0.32%0.00
ADSEADS-TEC Energy PLC716.66M11.92-6.242.45%-71.75%
NEOVNeoVolta Inc.128.53M3.70-24.67218.59%-36.68%-249.09%1.07

Profit & Loss

Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Sales/Revenue+002.01M4.82M4.47M3.46M2.65M8.43M
Revenue Growth %---1.4%-0.07%-0.23%-0.23%2.19%
Cost of Goods Sold+001.77M4.18M3.81M2.77M2.13M6.92M
COGS % of Revenue--0.88%0.87%0.85%0.8%0.81%0.82%
Gross Profit+00238.59K647.72K667.13K688K510.35K1.51M
Gross Margin %--0.12%0.13%0.15%0.2%0.19%0.18%
Gross Profit Growth %---1.71%0.03%0.03%-0.26%1.95%
Operating Expenses+300.29K822.31K1.67M8.3M6.42M3.32M2.85M6.22M
OpEx % of Revenue--0.83%1.72%1.44%0.96%1.08%0.74%
Selling, General & Admin240.28K594.17K1.51M8.26M6.35M3.29M2.83M6.07M
SG&A % of Revenue--0.75%1.71%1.42%0.95%1.07%0.72%
Research & Development60K228.15K162.7K42.8K68.5K29.94K19.15K157.31K
R&D % of Revenue--0.08%0.01%0.02%0.01%0.01%0.02%
Other Operating Expenses00000000
Operating Income+-300.29K-822.31K-1.43M-7.65M-5.76M-2.64M-2.34M-4.72M
Operating Margin %---0.71%-1.59%-1.29%-0.76%-0.88%-0.56%
Operating Income Growth %--1.74%-0.74%-4.35%0.25%0.54%0.11%-1.02%
EBITDA+033-7.63M0-1.11M-1.9M-4.64M
EBITDA Margin %--0%-1.58%--0.32%-0.72%-0.55%
EBITDA Growth %--0%-999999%1%--0.72%-1.43%
D&A (Non-Cash Add-back)300.29K822.31K1.43M21.78K5.76M1.53M432.36K80.57K
EBIT-300.29K-822.31K-1.43M-7.62M-5.76M-2.64M-2.3M-4.71M
Net Interest Income+000-24.52K-49.54K-4.13K33.64K-318.41K
Interest Income5.09K13.78K25.3K00033.64K2.01K
Interest Expense013.78K25.3K24.52K49.54K4.13K0320.42K
Other Income/Expense-5.09K-13.79K-25.3K5.08K-49.54K-4.13K33.64K-318.41K
Pretax Income+-305.37K-836.1K-1.46M-7.65M-5.8M-2.64M-2.3M-5.03M
Pretax Margin %---0.72%-1.59%-1.3%-0.76%-0.87%-0.6%
Income Tax+00000000
Effective Tax Rate %1%1%1%1%1%1%1%1%
Net Income+-305.37K-836.1K-1.46M-7.67M-5.8M-2.64M-2.3M-5.03M
Net Margin %---0.72%-1.59%-1.3%-0.76%-0.87%-0.6%
Net Income Growth %--1.74%-0.74%-4.27%0.24%0.55%0.13%-1.19%
Net Income (Continuing)-305.37K-836.1K-1.46M-7.65M-5.8M-2.64M-2.3M-5.03M
Discontinued Operations00000000
Minority Interest00000000
EPS (Diluted)+-2.90-0.20-0.12-0.43-0.28-0.08-0.07-0.15
EPS Growth %-0.93%0.4%-2.58%0.35%0.71%0.16%-1.16%
EPS (Basic)-2.90-0.20-0.12-0.43-0.28-0.08-0.07-0.15
Diluted Shares Outstanding105.3K4.18M12.4M17.89M20.55M32.03M33.21M33.59M
Basic Shares Outstanding105.3K4.18M12.4M17.89M20.55M32.03M33.21M33.59M
Dividend Payout Ratio--------

Balance Sheet

Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Total Current Assets+55.07K4.2M3.4M3.26M4.13M6.51M4.66M6.66M
Cash & Short-Term Investments55.07K3.14M1.31M425.68K330.38K2M986.43K794.84K
Cash Only55.07K3.14M1.31M425.68K330.38K2M986.43K794.84K
Short-Term Investments00000000
Accounts Receivable00391.11K1.13M1.32M1.83M1.81M2.98M
Days Sales Outstanding--70.9685.39107.52192.9249.21129.24
Inventory0993.91K1.55M1.66M2.24M2.58M1.79M2.14M
Days Inventory Outstanding--319.76145.29214.63340.31305.6112.76
Other Current Assets00000076.81K748.04K
Total Non-Current Assets+0000000140.54K
Property, Plant & Equipment0000000140.54K
Fixed Asset Turnover-------59.96x
Goodwill00000000
Intangible Assets0000000140.54K
Long-Term Investments00000000
Other Non-Current Assets0000000-140.54K
Total Assets+55.07K4.2M3.4M3.26M4.13M6.51M4.66M6.81M
Asset Turnover--0.59x1.48x1.08x0.53x0.57x1.24x
Asset Growth %-75.32%-0.19%-0.04%0.26%0.58%-0.28%0.46%
Total Current Liabilities+20.51K43.1K25.28K94.25K1.45M39.49K61.1K3.51M
Accounts Payable032.06K3.66K53.51K205.6K05.32K689.22K
Days Payables Outstanding--0.754.6819.72-0.9136.35
Short-Term Debt00001.07M002.6M
Deferred Revenue (Current)00000000
Other Current Liabilities00000000
Current Ratio2.69x97.51x134.62x34.61x2.84x164.74x76.21x1.90x
Quick Ratio2.69x74.45x73.19x16.98x1.30x99.40x46.96x1.29x
Cash Conversion Cycle--389.97226302.43-553.9205.65
Total Non-Current Liabilities+104.7K2.51K44.04K19.31K53.72K00383.54K
Long-Term Debt104.7K2.51K44.04K19.31K53.72K00383.54K
Capital Lease Obligations00000000
Deferred Tax Liabilities00000000
Other Non-Current Liabilities00000000
Total Liabilities125.21K45.61K69.32K113.56K1.51M39.49K61.1K3.9M
Total Debt+104.7K2.51K44.04K19.31K1.12M003.13M
Net Debt49.63K-3.14M-1.27M-406.37K791.33K-2M-986.43K2.33M
Debt / Equity-0.00x0.01x0.01x0.43x--1.07x
Debt / EBITDA-835.33x14679.00x-----
Net Debt / EBITDA--999999.00x-421755.67x-----
Interest Coverage--59.66x-56.58x-312.02x-116.17x-637.57x--14.72x
Total Equity+-70.14K4.16M3.33M3.15M2.62M6.47M4.6M2.91M
Equity Growth %-60.28%-0.2%-0.06%-0.17%1.47%-0.29%-0.37%
Book Value per Share-0.670.990.270.180.130.200.140.09
Total Shareholders' Equity-70.14K4.16M3.33M3.15M2.62M6.47M4.6M2.91M
Common Stock26011.52K14.42K19.64K21.98K33.16K33.24K34.13K
Retained Earnings-101.79K-937.89K-2.39M-10.04M-15.8M-18.44M-20.74M-25.78M
Treasury Stock00000000
Accumulated OCI00000000
Minority Interest00000000

Cash Flow

Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Cash from Operations+-240.38K-1.79M-1.86M-883.62K-1.16M-2.11M-1.02M-4.43M
Operating CF Margin %---0.92%-0.18%-0.26%-0.61%-0.38%-0.53%
Operating CF Growth %--6.43%-0.04%0.52%-0.32%-0.81%0.52%-3.35%
Net Income-305.37K-836.1K-1.46M-7.65M-5.8M-2.64M-2.3M-5.03M
Depreciation & Amortization00021.78K00080.57K
Stock-Based Compensation3.46K87.67K616.67K7.44M5.31M1.53M432.37K2.1M
Deferred Taxes00000000
Other Non-Cash Items56.44K1.07M21.78K-29.6K0490K630K-94.25K
Working Capital Changes5.09K-1.04M-1.04M-667.32K-666.27K-1.49M224.58K-1.48M
Change in Receivables00-391.11K-737.33K-189.29K-998.65K-519.6K-1.63M
Change in Inventory0-993.91K-559.38K-108.84K-576.07K-342.36K703.26K131.86K
Change in Payables013.25K-28.4K49.85K152.09K-205.6K5.32K683.9K
Cash from Investing+00000000
Capital Expenditures00000000
CapEx % of Revenue----0%---
Acquisitions--------
Investments--------
Other Investing00000000
Cash from Financing+405.59K4.87M29.6K01.07M3.78M04.23M
Debt Issued (Net)--------
Equity Issued (Net)--------
Dividends Paid00000000
Share Repurchases--------
Other Financing405.59K4.87M000000
Net Change in Cash--------
Free Cash Flow+-240.38K-1.79M-1.86M-883.62K-1.16M-2.11M-1.02M-4.43M
FCF Margin %---0.92%-0.18%-0.26%-0.61%-0.38%-0.53%
FCF Growth %--6.43%-0.04%0.52%-0.32%-0.81%0.52%-3.35%
FCF per Share-2.28-0.43-0.15-0.05-0.06-0.07-0.03-0.13
FCF Conversion (FCF/Net Income)0.79x2.14x1.28x0.12x0.20x0.80x0.44x0.88x
Interest Paid00000000
Taxes Paid00000000

Key Ratios

Metric20182019202020212022202320242025
Return on Equity (ROE)--40.91%-38.89%-236.63%-201.35%-58.12%-41.64%-134.16%
Return on Invested Capital (ROIC)--123.17%-69.46%-238.53%-140.35%-50.22%-43.42%-79.92%
Gross Margin--11.86%13.43%14.91%19.91%19.29%17.88%
Net Margin---72.41%-159.02%-129.76%-76.39%-87.08%-59.74%
Debt / Equity-0.00x0.01x0.01x0.43x--1.07x
Interest Coverage--59.66x-56.58x-312.02x-116.17x-637.57x--14.72x
FCF Conversion0.79x2.14x1.28x0.12x0.20x0.80x0.44x0.88x
Revenue Growth---139.78%-7.26%-22.75%-23.46%218.59%

Frequently Asked Questions

Growth & Financials

NeoVolta Inc. (NEOV) reported $14.5M in revenue for fiscal year 2025.

NeoVolta Inc. (NEOV) grew revenue by 218.6% over the past year. This is strong growth.

NeoVolta Inc. (NEOV) reported a net loss of $5.3M for fiscal year 2025.

Dividend & Returns

NeoVolta Inc. (NEOV) has a return on equity (ROE) of -134.2%. Negative ROE indicates the company is unprofitable.

NeoVolta Inc. (NEOV) had negative free cash flow of $6.3M in fiscal year 2025, likely due to heavy capital investments.

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