Mullen Automotive, Inc. (MULN)

Mullen Automotive Balance Sheet

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Cash & Equivalents	1.4	10.32	155.27	54.09	0.04	0.03
Cash & Short-Term Investments	1.4	10.32	155.27	54.09	0.04	0.03
Cash Growth	-93.72%	-93.35%	187.08%	128144.14%	26.39%	-98.50%
Receivables	-	0.12	0.67	-	-	-
Inventory	38.58	37.5	16.81	-	-	0.04
Prepaid Expenses	5.53	14.8	24.96	1.96	6.77	-
Restricted Cash	0.92	0.43	0.43	30.29	-	-
Other Current Assets	6.47	-	-	-	-	15.26
Total Current Assets	52.9	63.17	198.13	86.33	6.81	15.33
Property, Plant & Equipment	35.56	85.22	87.28	19.4	3.53	3.27
Goodwill	-	-	28.85	92.83	-	-
Other Intangible Assets	13.3	27.06	104.24	93.95	2.5	2.62
Other Long-Term Assets	48.33	3.18	3.21	10.08	4.33	0.68
Total Assets	150.09	178.63	421.71	302.59	17.17	21.99
Accounts Payable	49.96	41.34	13.18	6.11	5.21	2.69
Accrued Expenses	38.36	44.86	37.71	7.19	19.13	22.15
Current Portion of Long-Term Debt	11.93	5.4	7.46	3.86	39.2	33.05
Current Portion of Leases	2.73	2.89	2.13	1.43	0.6	0.34
Current Income Taxes Payable	5.4	5.49	2.85	-	-	-
Other Current Liabilities	100.59	83.19	76.28	103.65	7.03	-
Total Current Liabilities	208.97	183.17	139.61	122.23	71.16	58.23
Long-Term Debt	-	-	-	5.16	0.25	0.28
Long-Term Leases	10.53	11.65	3.57	3.36	1.86	1.48
Long-Term Deferred Tax Liabilities	-	-	3.89	14.88	-	-
Other Long-Term Liabilities	0.13	0.36	1.83	-0	5.62	4.5
Total Liabilities	219.63	195.18	148.9	145.64	78.88	64.49
Common Stock	0	0	0	0	0.01	0.01
Additional Paid-In Capital	2,408	2,291	2,071	948.6	88.65	63.62
Retained Earnings	-2,481	-2,319	-1,862	-889.91	-150.37	-106.13
Total Common Equity	-72.95	-28.56	208.95	58.69	-61.72	-42.51
Minority Interest	3.41	12.01	63.86	98.26	-	-
Shareholders' Equity	-69.54	-16.55	272.81	156.96	-61.71	-42.5
Total Liabilities & Equity	150.09	178.63	421.71	302.59	17.17	21.99
Total Debt	25.18	19.94	13.16	13.81	41.91	35.15
Net Cash (Debt)	-23.78	-9.62	142.1	40.28	-41.86	-35.12
Net Cash Growth	-	-	252.82%	-	-	-
Working Capital	-156.07	-120	58.52	-35.9	-64.35	-42.89
Tangible Book Value	-86.26	-55.61	75.87	-128.09	-64.21	-45.13
Land	1.6	3.07	3.04	0.65	-	-
Buildings	8.87	50.01	48.08	7.66	0.8	0.81
Machinery	23.24	41.97	27.86	7.38	2.89	2.91
Construction In Progress	4.12	3.18	5.18	0.27	-	-
Leasehold Improvements	-	-	-	-	0.07	0.08

Updated May 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q