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NeoVolta Inc
NASDAQ:NEOV

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NeoVolta Inc
NASDAQ:NEOV
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Price: 3.77 USD 7.71% Market Closed
Market Cap: 128.6m USD

Gross Margin
NeoVolta Inc

22.3%
Current
19%
Average
36%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
22.3%
=
Gross Profit
948.4k
/
Revenue
4.3m

Gross Margin Across Competitors

NeoVolta Inc
Glance View

Market Cap
128.7m USD
Industry
N/A

NeoVolta, Inc. is engaged in the designing, manufacturing, and sale of energy storage systems (ESS). The company is headquartered in Poway, California and currently employs 2 full-time employees. The company went IPO on 2019-10-21. The firm designs, develops, and manufactures utility-bill reducing residential energy storage systems capable of powering homes even when the grid goes down. With a focus on safer Lithium-Iron Phosphate (LiFe (PO4)) chemistry, the NV14 is equipped with a solar rechargeable 14.4 kWh battery system, a 7,680-Watt inverter, and a Web-based energy management system with 24/7 monitoring. By storing energy instead of sending it back to the grid, consumers can protect themselves against blackouts and avoid expensive peak-demand electricity rates charged by utility companies. Customers can also add the additional battery storage, the NeoVolta NV24, to the NV14 for a 24.0 kWh of capacity.

NEOV Intrinsic Value
1.24 USD
Overvaluation 67%
Intrinsic Value
Price
N
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
22.3%
=
Gross Profit
948.4k
/
Revenue
4.3m
What is the Gross Margin of NeoVolta Inc?

Based on NeoVolta Inc's most recent financial statements, the company has Gross Margin of 22.3%.

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