VLCN
Income statement / Annual
Last year (2024), Volcon, Inc.'s total revenue was $4.04 M,
an increase of 23.80% from the previous year.
In 2024, Volcon, Inc.'s net income was -$45.51 M.
See Volcon, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
| Operating Revenue |
$4.04 M |
$3.26 M |
$4.55 M |
$448.82 K |
$0.00 |
| Cost of Revenue |
$18.17 M
|
$11.39 M
|
$13.41 M
|
$10.51 M
|
$2.52 K
|
| Gross Profit |
-$14.13 M
|
-$8.13 M
|
-$8.87 M
|
-$10.06 M
|
-$2.52 K
|
| Gross Profit Ratio |
-3.5
|
-2.49
|
-1.95
|
-22.41
|
0
|
| Research and Development Expenses |
$2.67 M
|
$7.87 M
|
$8.46 M
|
$10.47 M
|
$407.76 K
|
| General & Administrative Expenses |
$7.67 M
|
$6.39 M
|
$9.05 M
|
$15.78 M
|
$999.93 K
|
| Selling & Marketing Expenses |
$2.55 M
|
$7.41 M
|
$5.69 M
|
$2.87 M
|
$150.90 K
|
| Selling, General & Administrative Expenses |
$10.21 M
|
$13.79 M
|
$14.74 M
|
$18.66 M
|
$956.51 K
|
| Other Expenses |
$0.00
|
$0.00
|
$87.77 K
|
$0.00
|
$0.00
|
| Operating Expenses |
$12.88 M
|
$21.66 M
|
$23.20 M
|
$29.12 M
|
$1.36 M
|
| Cost And Expenses |
$31.05 M
|
$33.05 M
|
$36.61 M
|
$39.63 M
|
$1.37 M
|
| Interest Income |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$9.15 K
|
| Interest Expense |
$643.72 K
|
$4.97 M
|
$2.26 M
|
$91.24 K
|
$7.62 K
|
| Depreciation & Amortization |
$0.00
|
$618.98 K
|
$1.19 M
|
$585.62 K
|
$2.52 K
|
| EBITDA |
-$26.65 M |
-$39.48 M |
-$30.78 M |
-$39.45 M |
-$1.36 M |
| EBITDA Ratio |
-6.6
|
-12.11
|
-6.77
|
-87.89
|
0
|
| Operating Income Ratio |
-6.69
|
-9.14
|
-7.05
|
-87.3
|
0
|
| Total Other Income/Expenses Net |
-$18.50 M
|
-$15.28 M
|
-$2.17 M
|
-$945.26 K
|
-$7.62 K
|
| Income Before Tax |
-$45.51 M
|
-$45.07 M
|
-$34.24 M
|
-$40.13 M
|
-$1.37 M
|
| Income Before Tax Ratio |
-11.27
|
-13.82
|
-7.53
|
-89.4
|
0
|
| Income Tax Expense |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Net Income |
-$45.51 M
|
-$45.07 M
|
-$36.41 M
|
-$39.36 M
|
-$1.37 M
|
| Net Income Ratio |
-11.27
|
-13.82
|
-8.01
|
-87.7
|
0
|
| EPS |
-2 |
-35020.37 |
-253595.59 |
-417969.89 |
-12.87 |
| EPS Diluted |
-2 |
-35020.37 |
-253595.59 |
-417969.89 |
-12.87 |
| Weighted Average Shares Out |
$2.71 M
|
$1.29 K
|
$135.00
|
$96.00
|
$62.00
|
| Weighted Average Shares Out Diluted |
$2.71 M
|
$1.29 K
|
$135.00
|
$96.00
|
$62.00
|
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