Mullen Automotive Inc
NASDAQ:BINI
Income Statement
Earnings Waterfall
Mullen Automotive Inc
Income Statement
Mullen Automotive Inc
| Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
1
|
2
|
3
|
4
|
5
|
5
|
4
|
3
|
2
|
3
|
4
|
4
|
3
|
2
|
1
|
2
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
1
|
21
|
4
|
25
|
30
|
27
|
30
|
10
|
5
|
5
|
3
|
1
|
9
|
49
|
68
|
75
|
|
| Revenue |
0
N/A
|
0
+39%
|
0
-8%
|
0
-4%
|
1
+527%
|
2
+58%
|
8
+258%
|
14
+81%
|
19
+32%
|
23
+21%
|
22
-3%
|
22
-2%
|
21
-1%
|
22
+3%
|
24
+9%
|
31
+28%
|
40
+32%
|
46
+14%
|
53
+15%
|
54
+3%
|
54
+0%
|
57
+4%
|
59
+4%
|
60
+2%
|
60
+0%
|
62
+4%
|
63
+1%
|
65
+4%
|
66
+1%
|
65
-1%
|
65
+0%
|
64
-1%
|
65
+1%
|
66
+1%
|
63
-4%
|
63
0%
|
66
+4%
|
74
+12%
|
93
+27%
|
0
N/A
|
(19)
N/A
|
(43)
-123%
|
(76)
-77%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
+18%
|
0
+1%
|
0
+9%
|
0
-61%
|
1
+599%
|
4
+267%
|
9
+122%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(5)
|
(10)
|
(13)
|
(17)
|
(16)
|
(16)
|
(16)
|
(17)
|
(19)
|
(25)
|
(34)
|
(39)
|
(45)
|
(46)
|
(46)
|
(48)
|
(50)
|
(51)
|
(51)
|
(53)
|
(54)
|
(56)
|
(56)
|
(54)
|
(54)
|
(54)
|
(55)
|
(56)
|
(53)
|
(54)
|
(56)
|
(63)
|
(81)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(17)
|
(23)
|
(30)
|
|
| Gross Profit |
(0)
N/A
|
(0)
+93%
|
0
N/A
|
0
+1 400%
|
1
+267%
|
1
+113%
|
3
+122%
|
4
+67%
|
5
+24%
|
6
+13%
|
6
+2%
|
6
-9%
|
5
-5%
|
5
-6%
|
5
-3%
|
6
+14%
|
6
+14%
|
7
+15%
|
8
+11%
|
8
+4%
|
9
+3%
|
9
+3%
|
9
+7%
|
9
-2%
|
9
-4%
|
9
+3%
|
9
-2%
|
9
+6%
|
10
+8%
|
11
+4%
|
11
-1%
|
11
+1%
|
10
-3%
|
10
-2%
|
10
-4%
|
9
-6%
|
10
+9%
|
10
+5%
|
12
+15%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
+54%
|
0
N/A
|
0
N/A
|
0
-27%
|
(16)
N/A
|
(19)
-23%
|
(22)
-11%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(25)
|
(29)
|
(31)
|
(8)
|
(14)
|
(13)
|
(22)
|
(24)
|
(37)
|
(51)
|
(34)
|
(31)
|
(13)
|
(16)
|
(14)
|
(15)
|
(17)
|
10
|
9
|
(19)
|
(17)
|
(18)
|
(17)
|
(17)
|
(17)
|
(16)
|
(16)
|
(16)
|
(14)
|
(15)
|
(16)
|
(16)
|
(16)
|
(16)
|
(13)
|
(13)
|
(14)
|
(14)
|
(15)
|
(22)
|
(15)
|
(22)
|
(7)
|
(97)
|
(157)
|
(194)
|
(230)
|
(293)
|
(279)
|
(283)
|
(291)
|
(257)
|
(245)
|
(225)
|
|
| Selling, General & Administrative |
(24)
|
(28)
|
(29)
|
(5)
|
(14)
|
(13)
|
(21)
|
(23)
|
(35)
|
(35)
|
(26)
|
(25)
|
(10)
|
(8)
|
(12)
|
(12)
|
(14)
|
(14)
|
(15)
|
(15)
|
(14)
|
(15)
|
(14)
|
(14)
|
(15)
|
(14)
|
(14)
|
(14)
|
(12)
|
(12)
|
(13)
|
(13)
|
(13)
|
(12)
|
(9)
|
(10)
|
(11)
|
(11)
|
(12)
|
(19)
|
(28)
|
(54)
|
(62)
|
(74)
|
(118)
|
(132)
|
(151)
|
(199)
|
(179)
|
(174)
|
(189)
|
(182)
|
(163)
|
(166)
|
|
| Research & Development |
(1)
|
(0)
|
(1)
|
(1)
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(3)
|
(4)
|
(5)
|
(12)
|
(22)
|
(29)
|
(48)
|
(63)
|
(77)
|
(85)
|
(88)
|
(81)
|
(75)
|
(70)
|
(56)
|
|
| Depreciation & Amortization |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(1)
|
(0)
|
0
|
0
|
(1)
|
(10)
|
(13)
|
(16)
|
(16)
|
(16)
|
(21)
|
(22)
|
0
|
0
|
0
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(13)
|
(5)
|
(4)
|
0
|
(6)
|
0
|
0
|
0
|
28
|
28
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
16
|
37
|
67
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(12)
|
(3)
|
|
| Operating Income |
(25)
N/A
|
(29)
-16%
|
(30)
-5%
|
(7)
+76%
|
(13)
-81%
|
(12)
+11%
|
(19)
-59%
|
(20)
-5%
|
(32)
-61%
|
(45)
-39%
|
(27)
+38%
|
(26)
+7%
|
(7)
+72%
|
(11)
-58%
|
(9)
+19%
|
(9)
+0%
|
(11)
-13%
|
18
N/A
|
17
-2%
|
(10)
N/A
|
(9)
+13%
|
(9)
-6%
|
(8)
+15%
|
(7)
+6%
|
(9)
-15%
|
(7)
+15%
|
(7)
0%
|
(7)
+7%
|
(4)
+38%
|
(4)
+4%
|
(5)
-31%
|
(5)
-2%
|
(6)
-4%
|
(6)
-1%
|
(3)
+44%
|
(4)
-33%
|
(4)
-5%
|
(4)
+12%
|
(3)
+17%
|
(22)
-589%
|
(35)
-56%
|
(65)
-86%
|
(84)
-29%
|
(97)
-16%
|
(157)
-61%
|
(194)
-24%
|
(230)
-18%
|
(293)
-28%
|
(279)
+5%
|
(283)
-1%
|
(291)
-3%
|
(273)
+6%
|
(265)
+3%
|
(247)
+7%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(1)
|
(2)
|
(3)
|
(4)
|
1
|
1
|
2
|
3
|
(0)
|
(2)
|
(31)
|
(31)
|
(32)
|
(30)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(21)
|
(144)
|
(457)
|
(427)
|
(27)
|
(581)
|
(318)
|
(605)
|
(636)
|
(344)
|
(290)
|
(62)
|
(119)
|
(182)
|
(115)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
(11)
|
(11)
|
(13)
|
0
|
0
|
(4)
|
(5)
|
0
|
(2)
|
0
|
28
|
0
|
0
|
28
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
1
|
2
|
(1)
|
(1)
|
(2)
|
(6)
|
(3)
|
(10)
|
(10)
|
(6)
|
(91)
|
(85)
|
(190)
|
(191)
|
(120)
|
(118)
|
(25)
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
0
|
(0)
|
|
| Total Other Income |
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(2)
|
(3)
|
(3)
|
(3)
|
(1)
|
(0)
|
(0)
|
(1)
|
0
|
0
|
1
|
1
|
2
|
2
|
1
|
2
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(19)
|
0
|
(12)
|
(613)
|
(572)
|
(591)
|
(578)
|
3
|
2
|
3
|
3
|
2
|
2
|
(56)
|
|
| Pre-Tax Income |
(25)
N/A
|
(30)
-18%
|
(31)
-5%
|
(8)
+76%
|
(13)
-72%
|
(11)
+13%
|
(31)
-169%
|
(33)
-7%
|
(48)
-46%
|
(49)
-2%
|
(27)
+45%
|
(28)
-6%
|
(10)
+64%
|
(9)
+13%
|
(12)
-34%
|
(12)
+4%
|
(13)
-16%
|
(13)
+3%
|
(17)
-28%
|
(16)
+6%
|
(14)
+12%
|
(14)
-5%
|
(11)
+26%
|
(9)
+17%
|
(10)
-14%
|
(9)
+9%
|
(8)
+8%
|
(8)
+9%
|
(5)
+34%
|
(5)
+9%
|
(5)
-13%
|
(5)
-2%
|
(7)
-24%
|
(7)
-4%
|
(6)
+18%
|
(7)
-23%
|
(6)
+13%
|
(4)
+28%
|
(3)
+37%
|
(44)
-1 526%
|
(198)
-348%
|
(523)
-164%
|
(529)
-1%
|
(740)
-40%
|
(1 320)
-78%
|
(1 113)
+16%
|
(1 419)
-28%
|
(1 018)
+28%
|
(704)
+31%
|
(761)
-8%
|
(541)
+29%
|
(510)
+6%
|
(563)
-10%
|
(443)
+21%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
11
|
12
|
14
|
14
|
4
|
2
|
(0)
|
|
| Income from Continuing Operations |
(25)
|
(30)
|
(31)
|
(8)
|
(13)
|
(11)
|
(31)
|
(33)
|
(48)
|
(49)
|
(27)
|
(29)
|
(10)
|
(9)
|
(12)
|
(12)
|
(13)
|
(13)
|
(17)
|
(16)
|
(14)
|
(14)
|
(11)
|
(9)
|
(10)
|
(9)
|
(8)
|
(8)
|
(5)
|
(5)
|
(5)
|
(5)
|
(7)
|
(7)
|
(6)
|
(7)
|
(6)
|
(4)
|
(3)
|
(44)
|
(198)
|
(523)
|
(529)
|
(740)
|
(1 320)
|
(1 112)
|
(1 419)
|
(1 007)
|
(692)
|
(747)
|
(527)
|
(506)
|
(561)
|
(443)
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
3
|
5
|
8
|
34
|
35
|
72
|
73
|
49
|
50
|
18
|
|
| Net Income (Common) |
(25)
N/A
|
(29)
-18%
|
(32)
-9%
|
(9)
+71%
|
(16)
-75%
|
(15)
+8%
|
(33)
-117%
|
(35)
-6%
|
(48)
-39%
|
(49)
-1%
|
(27)
+44%
|
(28)
-4%
|
(10)
+64%
|
(9)
+13%
|
(12)
-41%
|
(13)
-1%
|
(15)
-17%
|
(14)
+3%
|
(18)
-21%
|
(16)
+9%
|
(13)
+15%
|
(14)
-5%
|
(10)
+26%
|
(9)
+17%
|
(10)
-15%
|
(9)
+9%
|
(8)
+8%
|
(8)
+10%
|
(5)
+34%
|
(4)
+10%
|
(5)
-14%
|
(5)
-2%
|
(6)
-25%
|
(7)
-4%
|
(5)
+18%
|
(7)
-24%
|
(6)
+13%
|
(4)
+28%
|
(3)
+37%
|
(44)
-1 545%
|
(198)
-348%
|
(559)
-182%
|
(567)
-2%
|
(780)
-38%
|
(1 395)
-79%
|
(1 142)
+18%
|
(1 444)
-26%
|
(965)
+33%
|
(649)
+33%
|
(675)
-4%
|
(462)
+32%
|
(471)
-2%
|
(524)
-11%
|
(439)
+16%
|
|
| EPS (Diluted) |
-30 937.26
N/A
|
-35 967.49
-16%
|
-37 502.49
-4%
|
6 817.1
N/A
|
-13 788.33
N/A
|
-10 061.6
+27%
|
-24 414.31
-143%
|
-25 646.72
-5%
|
-37 120.57
-45%
|
-37 093.64
+0%
|
-19 976.24
+46%
|
-20 278.02
-2%
|
-6 151.55
+70%
|
-4 283.82
+30%
|
-6 459.81
-51%
|
-5 307.49
+18%
|
-5 224.03
+2%
|
-1 445
+72%
|
-1 750.99
-21%
|
-1 585
+9%
|
-1 349
+15%
|
-1 413
-5%
|
-1 042
+26%
|
-865
+17%
|
-991
-15%
|
-451.5
+54%
|
-414.49
+8%
|
-375
+10%
|
-247
+34%
|
-222
+10%
|
-254
-14%
|
-259
-2%
|
-323
-25%
|
-335.5
-4%
|
-274.5
+18%
|
-340.5
-24%
|
-297
+13%
|
-142.33
+52%
|
-89.66
+37%
|
-2 212
-2 367%
|
-2 479.87
-12%
|
-236.67
+90%
|
-339.48
-43%
|
-629.07
-85%
|
-230.65
+63%
|
-124.72
+46%
|
-52.09
+58%
|
-944 483 888.18
-1 813 176 879%
|
-162.03
+100%
|
-592 083.21
-365 316%
|
-23 104 638.49
-3 802%
|
-7 849 362.33
+66%
|
-26 222 941.5
-234%
|
-457 402.11
+98%
|
|