earnings
confidence high
sentiment negative
materiality 0.80
NeoVolta Q4 revenue collapses to ~$13.5K; FY26 net loss widens to $21.5M
NeoVolta Inc.
- FY26 revenue $13.3M, +58% YoY vs $8.4M; Q4 revenue just ~$13.5K vs $4.8M a year ago
- GAAP net loss FY26 $21.5M ($0.55 loss/share) vs $5.0M ($0.15) in FY25; Q4 loss $11.7M
- Q4 loss driven by $3.9M credit loss/bad debt provision and $1.1M residential inventory obsolescence reserve
- Adjusted EBITDA $(12.8)M FY26 vs $(2.6)M FY25; Q4 $(8.0)M; measure disclosed for first time
- Cash $22.2M plus $3.2M restricted = $25.4M after May 2026 offering; SK ON 2027-2031 US cell supply deal