NeoVolta Inc.: Annual report
NeoVolta reported revenue growth for fiscal 2026 but saw its net loss expand significantly while investing in a new manufacturing joint venture.
Mixed for the companyWhat the numbers say
Revenue rose 58% to $13.3M versus the prior year; operating margin narrowed from -56.0% to -136.1%; diluted EPS -$0.55 versus -$0.15; operating cash flow -$15.2M (a year earlier -$4.4M); cash rose by $21.4M to $22.2M; diluted share count up 17% (dilution).
What happened
- Revenues increased to $13,332,953 for the year ended June 30, 2026, compared to $8,426,835 in the prior year, though sales began to decline in early 2026 due to tax law changes.
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