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MARKETS / NASDAQ / NEOV
NASDAQ · MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES

NeoVolta Inc. NEOV

5 fiscal years on record · USD · FY2024 reported · SEC filings only
$8.4M
▲ 218.6% YoY
$-5.0M
In brief

What this company does

We are a designer and manufacturer of high-performance energy storage systems (“ESS”) for residential and commercial applications. Our systems combine lithium iron phosphate (LiFePO₄) battery technology with hybrid inverter capability, providing safe, flexible, and adaptable solutions for backup power, self-consumption, and energy resilience. We market and sell our products primarily through certified solar installers and regional and national distributors. We were founded in 2018 to develop safe, reliable, and versatile residential energy storage systems. In 2023, we transitioned from contract manufacturing to in-house production by hiring key personnel and assuming direct responsibility for manufacturing operations in Poway, California.

Written from the business description in NeoVolta Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 29 September 2025. Every sentence was checked against that document before publication.

Growth
USD 8.4M
Revenue, FY2024 · full 5-year series below
Revenue $M Net income $M
FY2024 · Revenue 8.4 · Net income -5.0
4M8M-4M20202021202220232024
Compound annual growth
+23.5%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−60 cents
lost on every revenue dollar
Operating margin Net margin
FY2024 · Operating -56.0% · Net -59.7%
-50%-100%-150%20202021202220232024
ROE
FY2024 · ROE -134.2%
-100%-200%20202021202220232024

Each USD of equity lost 134 cents this year.

Cash & shareholders
returned in FY2024 · dividends + net buybacks

Total assetsUSD 6.8M
EquityUSD 2.9M
CashUSD 794,836.00
Gross debtUSD 2.6M
Net debtUSD 1.8M
Current ratio1.90×

Net debt stands at 62% of equity.

The 5-year record
5 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20242023202220212020
Revenue $B0.00.00.00.00.0
Operating income $B−0.0−0.0−0.0−0.0−0.0
EBITDA $B·····
Income tax $B0.00.00.00.00.0
Net income $B−0.0−0.0−0.0−0.0−0.0
EPS, diluted $−0.15−0.07−0.08−0.28−0.43
Dividend / sh $·····
Payout %·····
ROE %−134.2−41.6−58.1−201.4−242.8
Shares out B0.030.030.030.020.02

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 25 reconciliationsAUDITED

Reconciled in 5 of 19 fiscal years. 70 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityMiscellaneous Electrical Machinery, Equipment & Supplies
Listed onNASDAQ
Incorporated inNevada
Fiscal year endsJune 30
SEC categoryemerging growth company
Data on record since2020

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