VLTA · Volta Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | $14.36M | $6.94M | $8.39M | - | $8.49M | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | $200.0K | - | - | - | - | - | - |
| SG&A | - | $40.02M | $17.35M | $60.86M | - | $28.96M | $2.66M | $2.77M | - | $76.6K |
| Total Operating Expenses | - | $54.93M | $25.78M | $69.92M | - | $16.42M | - | - | - | - |
| D&A | - | $5.25M | $2.52M | $3.69M | - | $2.26M | - | - | - | - |
| Operating Income | - | ($40.57M) | ($44.38M) | ($61.54M) | - | ($29.67M) | ($2.69M) | ($2.80M) | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | - | $2.0K | $24.0K | $0 | - | $19.0K | - | - | - | - |
| Net Income | - | ($42.53M) | ($37.43M) | ($48.15M) | - | ($43.05M) | $17.94M | ($9.81M) | - | ($83.3K) |
| EPS - Basic | - | - | - | - | - | - | - | - | - | - |
| EPS - Diluted | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.64M | $15.65M | $105.27M | $205.41M | $262.26M | $331.25M | $207.3K | $184.4K | $922.8K | $1.08M |
| Accounts Receivable | $16.75M | $18.52M | $18.93M | $5.21M | $12.59M | $6.15M | - | - | - | - |
| Inventory | $2.13M | $2.13M | $2.35M | $2.35M | $2.73M | $6.15M | - | - | - | - |
| Accounts Payable | $47.00M | $36.08M | $39.77M | $32.13M | $18.46M | $35.86M | $3.33M | $2.20M | $18.8K | $7.3K |
| Current Assets | $38.27M | $56.84M | $148.31M | $234.73M | $298.65M | $363.41M | $568.8K | $627.1K | $1.38M | $1.61M |
| Total Assets | $341.31M | $369.67M | $413.81M | $448.53M | $473.92M | $508.85M | $345.59M | $345.64M | $346.38M | $346.61M |
| Current Liabilities | $102.43M | $101.93M | $104.37M | $94.73M | $96.10M | $122.75M | $4.83M | $2.20M | $137.8K | $86.6K |
| Long-term Debt | $0 | $12.00M | $16.00M | $20.00M | $24.00M | $27.66M | - | - | - | - |
| Total Liabilities | $189.99M | $203.50M | $209.78M | $197.83M | $191.79M | $205.20M | $48.64M | $66.63M | $12.36M | $12.31M |
| Stockholders' Equity | $151.32M | $166.18M | $204.02M | $250.70M | $282.14M | ($76.04M) | $5.00M | $5.00M | $5.00M | $5.00M |
| Retained Earnings | ($583.36M) | ($556.84M) | ($514.31M) | ($476.88M) | ($428.73M) | ($280.94M) | ($19.92M) | ($37.86M) | ($363.6K) | ($83.3K) |
Cash Flow
| Line item | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | - | ($33.84M) | - | - | - | ($653.4K) | - | ($528.2K) |
| Investing Cash Flow | - | - | - | ($19.00M) | - | - | - | - | - | ($345.00M) |
| Financing Cash Flow | - | - | - | ($4.11M) | - | - | - | ($85.0K) | - | $346.61M |
| CapEx | - | - | - | $3.57M | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | ($37.41M) | - | - | - | - | - | - |
Ratios
| Metric | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | -282.6% | -639.3% | -733.8% | - | -349.4% | - | - | - | - |
| EBITDA margin | - | -246.0% | -602.9% | -689.7% | - | -322.9% | - | - | - | - |
| Net margin | - | -296.2% | -539.2% | -574.2% | - | -507.0% | - | - | - | - |
| Free cash flow margin | - | - | - | -446.1% | - | - | - | - | - | - |
| FCF / Net income | - | - | - | 0.78 | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | 2.4% | - | - | - | - | - | - |
| SG&A / Revenue | - | 278.7% | 249.9% | 725.7% | - | 341.1% | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | - | -11.5% | -9.0% | -10.7% | - | -8.5% | 5.2% | -2.8% | - | -0.0% |
| Return on equity | - | -25.6% | -18.3% | -19.2% | - | 56.6% | 358.8% | -196.2% | - | -1.7% |
| Return on invested capital | - | -18.0% | -15.9% | -18.0% | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.37 | 0.56 | 1.42 | 2.48 | 3.11 | 2.96 | 0.12 | 0.29 | 10.02 | 18.60 |
| Quick ratio | 0.35 | 0.54 | 1.40 | 2.45 | 3.08 | 2.91 | 0.12 | 0.29 | 10.02 | 18.60 |
| Cash ratio | 0.03 | 0.15 | 1.01 | 2.17 | 2.73 | 2.70 | 0.04 | 0.08 | 6.69 | 12.48 |
| Leverage | ||||||||||
| Debt / Equity | 0.00 | 0.07 | 0.08 | 0.08 | 0.09 | -0.36 | - | - | - | - |
| Debt / Assets | 0.00 | 0.03 | 0.04 | 0.04 | 0.05 | 0.05 | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 2.26 | 2.22 | 2.03 | 1.79 | 1.68 | -6.69 | 69.12 | 69.13 | 69.28 | 69.32 |
| Liabilities / Assets | 0.56 | 0.55 | 0.51 | 0.44 | 0.40 | 0.40 | 0.14 | 0.19 | 0.04 | 0.04 |
| Efficiency | ||||||||||
| Asset turnover | - | 0.04 | 0.02 | 0.02 | - | 0.02 | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | 471d | 995d | 227d | - | 264d | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | 69.1% | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | -36.8% | -1550.7% | -2095.4% | - | - | - | - | - | - |
| Net income growth (YoY) | - | 1.2% | - | -390.7% | - | -51570.8% | - | - | - | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -46.4% | - | 3980.5% | 4914.1% | 5542.7% | - | - | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Product / service
$64.62M totalService$29.88M · 46.2%
Behavior And Commerce$25.96M · 40.2%
Network Development$5.22M · 8.1%
Product And Service Other$1.23M · 1.9%
Product$1.20M · 1.9%
Charging Network Operations$676.0K · 1.0%
Network Intelligence$450.0K · 0.7%
Peer comparison
Same SIC group: Miscellaneous Transportation Equipment
Comparing Volta Inc. against the 2 most active filers in the same SIC group.