Mullen Automotive Inc
NASDAQ:BINI

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Mullen Automotive Inc
NASDAQ:BINI
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Price: 0.09 USD 12.5% Market Closed
Market Cap: $1.3m

Gross Margin

-241.1%
Current
Improving
by 51%
vs 3-y average of -292.1%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
-241.1%
=
Gross Profit
$-21.5m
/
Revenue
$8.9m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
-241.1%
=
Gross Profit
$-21.5m
/
Revenue
$8.9m

Peer Comparison

Country Company Market Cap Gross
Margin
US
Mullen Automotive Inc
NASDAQ:MULN
27.7m USD
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US
Tesla Inc
NASDAQ:TSLA
1.4T USD
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JP
Toyota Motor Corp
TSE:7203
49.2T JPY
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CN
BYD Co Ltd
SZSE:002594
823B CNY
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KR
Hyundai Motor Co
KRX:005380
129.9T KRW
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DE
Mercedes Benz Group AG
MIL:MBG
75.3B EUR
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DE
Daimler AG
XETRA:DAI
67.5B EUR
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IT
Ferrari NV
MIL:RACE
62.6B EUR
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US
General Motors Co
NYSE:GM
73.1B USD
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DE
Bayerische Motoren Werke AG
XETRA:BMW
54.3B EUR
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DE
Volkswagen AG
XETRA:VOW
51.4B EUR
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Market Distribution

Lower than 99% of companies in the United States of America
Percentile
1st
Based on 12 729 companies
1st percentile
-241.1%
Low
-24 813% — 28.9%
Typical Range
28.9% — 60.5%
High
60.5% — 10 905 714.3%
Distribution Statistics
the United States of America
Min -24 813%
30th Percentile 28.9%
Median 43%
70th Percentile 60.5%
Max 10 905 714.3%

Mullen Automotive Inc
Glance View

Market Cap
1.3m USD
Industry
Automobiles

Mullen Automotive Inc. operates a Southern California-based electric vehicle company that operates in various verticals of businesses focused within the automotive industry. The company is headquartered in Brea, California and currently employs 44 full-time employees. The company went IPO on 2012-10-03. The firm is engaged in providing electric vehicle (EV) options built in the United States. The firm operates in various verticals of businesses focused within the automotive industry. The firm owns some synergistic businesses including CarHub, a digital platform that leverages artificial intelligence (AI) to offer an interactive solution for buying, selling and owning a car and Mullen Energy, a division focused on advancing battery technology and emergency point-of-care solutions. The company is developing Mullen FIVE. The Mullen FIVE is a full-electric, mid-size sport utility vehicle (SUV). The firm is also developing Mullen DragonFLY, which is an electric high-performance sports car. The company is developing businesses across the United States with a sustainable, commercial EV alternative that can be customized for a variety of use cases.

BINI Intrinsic Value
Not Available
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
-241.1%
=
Gross Profit
$-21.5m
/
Revenue
$8.9m
What is Mullen Automotive Inc's current Gross Margin?

The current Gross Margin for Mullen Automotive Inc is -241.1%, which is above its 3-year median of -292.1%.

How has Gross Margin changed over time?

Over the last 2 years, Mullen Automotive Inc’s Gross Margin has decreased from 19.4% to -241.1%. During this period, it reached a low of -1 443.8% on Sep 30, 2024 and a high of 52.3% on Jun 30, 2024.

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