FY2024 · ended Sep 30, 2024 · Revenue $1.09M, +199.0% YoY · Filed Jan 24, 2025
Bollinger Innovations, Inc. (BINI) files with the SEC under industry code 3711, Motor Vehicles & Passenger Car Bodies. In fiscal 2024, which ended Sep 30, 2024, it reported revenue of $1.1 million and a net loss of $457.1 million. Free cash flow was -$200.3 million. As of Jun 30, 2025 it held $454,658 in cash and investments and $12.0 million in total debt.
Revenue (TTM)
$9.34M
+5865.4% vs year-ago TTM
Net income (TTM)
$-467.56M
-3.1% vs year-ago TTM
Operating cash flow (TTM)
$-109.78M
+47.9% vs year-ago TTM
Free cash flow (TTM)
$-114.71M
+49.0% vs year-ago TTM
EPS
$-1,574.14
+97.5% vs prior year
Dividend per share
None
Shares outstanding
61.60M
+946.7% vs prior year
Net cash
$-11.52M
as of Jun 30, 2025
Operating margin
-2876.7%
FY 2025
Company profile
- Industry
- Motor Vehicles & Passenger Car Bodies (SIC 3711)
- Listed as
- BINI
- Fiscal year ends
- September 30
- Incorporated in
- DE
- Headquarters
- Brea, CA
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 1499961
- Former names
- MULLEN AUTOMOTIVE INC. (until Jul 23, 2025); Net Element, Inc. (until Nov 8, 2021); Net Element International, Inc. (until Dec 5, 2013); Cazador Acquisition Corp Ltd. (until Oct 2, 2012)
Other Motor Vehicles & Passenger Car Bodies companies
- Tesla, Inc. TSLA
- Toyota Motor CORP/ TM
- General Motors Co GM
- Ferrari N.V. RACE
- Paccar Inc PCAR
- Ford Motor Co F
- Honda Motor Co Ltd HMC
- Rivian Automotive, Inc. / DE RIVN
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2024 Sep 30, 2024 |
FY 2023 Sep 30, 2023 |
FY 2022 Sep 30, 2022 |
FY 2021 Sep 30, 2021 |
FY 2020 Dec 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $1.1M | $366,000 | — | — | $65.7M |
| Operating income | -$391.8M | -$377.8M | -$97.0M | -$22.4M | -$4.5M |
| Net income | -$457.1M | -$972.3M | -$739.5M | -$44.2M | -$5.9M |
| Diluted EPS | — | -$1,574.14 | -$63,083.67 | -$8.56 | — |
| Operating cash flow | -$185.6M | -$179.2M | -$65.8M | -$17.5M | $3.0M |
| Free cash flow | -$200.3M | -$193.7M | -$77.4M | -$17.6M | — |
| Total assets | $178.6M | $421.7M | $302.6M | $17.2M | $26.8M |
| Total liabilities | $195.2M | $148.9M | $145.6M | $78.9M | $24.3M |
| Stockholders' equity | -$28.6M | $209.0M | — | -$61.7M | — |
| Cash and investments | $10.3M | $155.3M | $54.1M | $42,174 | $4.5M |
| Total debt | $19.9M | $13.2M | $13.8M | $41.9M | $10.7M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Exit or restructuring costs, Other events
|
Nov 26, 2025 | Nov 21, 2025 |
| 8-K |
Current report
Listing notice, Bylaw or fiscal year change, Regulation FD disclosure
|
Oct 10, 2025 | Sep 30, 2025 |
| 8-K |
Current report
Material agreement, New debt, Unregistered share sale, Change to shareholder rights, Bylaw or fiscal year change, Regulation FD disclosure, Other events
|
Sep 23, 2025 | Sep 18, 2025 |
| 8-K |
Current report
Shareholder vote results, Other events
|
Sep 16, 2025 | Sep 11, 2025 |
| 8-K |
Current report
Regulation FD disclosure
|
Sep 3, 2025 | Sep 2, 2025 |
| 8-K |
Current report
Listing notice, Other events
|
Aug 29, 2025 | Aug 26, 2025 |
All 1000 Bollinger Innovations, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.