Volcon, Inc. (VLCN) Financials

$0.69

north_east
$0.01 (1.19%)
Day's range
$0.66
Day's range
$0.7
$10M$10M$0$0-$10M-$10M-$20M-$20M-$30M-$30M-$40M-$40M-$50M-$50MEarning20202020202120212022202220232023202420240%0%-2000%-2000%-4000%-4000%-6000%-6000%-8000%-8000%-10000%-10000%-12000%-12000%Profit Margin
Profit Margin
Revenue
Earnings

VLCN Income statement / Annual

Last year (2024), Volcon, Inc.'s total revenue was $4.04 M, an increase of 23.80% from the previous year. In 2024, Volcon, Inc.'s net income was -$45.51 M. See Volcon, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020
Period Ended 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020
Operating Revenue $4.04 M $3.26 M $4.55 M $448,819.00 $0.00
Cost of Revenue $18.17 M $11.39 M $13.41 M $10.51 M $2,522.00
Gross Profit -$14.13 M -$8.13 M -$8.87 M -$10.06 M -$2,522.00
Gross Profit Ratio -3.5 -2.49 -1.95 -22.41 0
Research and Development Expenses $2.67 M $7.87 M $8.46 M $10.47 M $407,760.00
General & Administrative Expenses $7.67 M $6.39 M $9.05 M $15.78 M $999,932.00
Selling & Marketing Expenses $2.55 M $7.41 M $5.69 M $2.87 M $150,902.00
Selling, General & Administrative Expenses $10.21 M $13.79 M $14.74 M $18.66 M $956,507.00
Other Expenses $0.00 $0.00 $87,765.00 -$854,022.00 $0.00
Operating Expenses $12.88 M $21.66 M $23.20 M $29.12 M $1.36 M
Cost And Expenses $31.05 M $33.05 M $36.61 M $39.63 M $1.37 M
Interest Income $0.00 $0.00 $2.26 M $91,238.00 $9,149.00
Interest Expense $0.00 $4.97 M $2.26 M $91,238.00 $7,624.00
Depreciation & Amortization $359,427.00 $618,981.00 $1.19 M $585,624.00 $2,522.00
EBITDA -$26.65 M -$39.48 M -$30.78 M -$39.45 M -$1.36 M
EBITDA Ratio -6.6 -12.11 -6.77 -87.89 0
Operating Income Ratio -6.69 -9.14 -7.05 -87.3 0
Total Other Income/Expenses Net -$18.50 M -$15.28 M -$2.17 M -$945,259.00 -$7,624.00
Income Before Tax -$45.51 M -$45.07 M -$34.24 M -$40.13 M -$1.37 M
Income Before Tax Ratio -11.27 -13.82 -7.53 -89.4 0
Income Tax Expense $0.00 $0.00 $2.17 M -$762,784.00 -$2.00
Net Income -$45.51 M -$45.07 M -$36.41 M -$39.36 M -$1.37 M
Net Income Ratio -11.27 -13.82 -8.01 -87.7 0
EPS -69.19 -35020.37 -335.36 -511.67 -12.87
EPS Diluted -69.19 -35020.37 -335.36 -511.67 -12.87
Weighted Average Shares Out $309,798.00 $1,287.00 $108,561.00 $76,929.00 $106,781.00
Weighted Average Shares Out Diluted $309,798.00 $1,287.00 $108,561.00 $76,929.00 $106,781.00
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