Mullen Automotive, Inc. MULN NASDAQ

Mullen Automotive, Inc. (MULN) has shown exceptional revenue growth over the past 3 years, expanding from $66M to $1M (average +49.5%/yr). The company reported a net loss of $457M in its most recent fiscal year, with earnings trending at -336.7%/yr. The net profit margin is -41766.4%, which is negative. The company has not reported a profit in any of the last 4 years tracked. The gross margin is -1443.8% (low), with a -1541.9pp trend over the period. With a market cap data available and MOAT composite score of 0/100, the company has a low competitive position.

Criteria proven by this page:

• GROWTH (58/100, Partial) — growth is present but not consistently above 5% across both metrics
• PAST (0/100, Fail) — the company has frequently reported losses. Looking at the full 14-year history, the company was profitable in 0 of 14 years — a mixed long-term record
• INCOME (10/100, Fail) — the company is currently operating at a loss
• MOAT (0/100, Fail) — limited competitive moat based on margins and scale

Overall SharesGrow Score: 15/100 with 0/6 criteria passed.