Mullen Automotive (MULN)

Company Profile

Mullen is a Southern California-based automotive company that owns and partners with several synergistic businesses working toward the unified goal of creating clean and scalable energy solutions. Mullen has evolved over the past decade in sync with consumers and technology trends. Today, the Company is working diligently to provide exciting EV options built entirely in the United States and made to fit perfectly into the American consumer’s life. Mullen strives to make EVs more accessible than ever by building an end-to-end ecosystem that takes care of all aspects of EV ownership.

Company profile

Ticker

MULN

Exchange

NASDAQ

Website

www.mullenusa.com

CEO

David Michery

Incorporated

Delaware

Location

California

Fiscal year end

Sep 30

Sector

Information > Software Publishers

Industry (SIC)

Services - Computer Processing & Data Preparation

Automatic Data Processing • DXC Technology • Liberty TripAdvisor Holdings Inc - Series A • Sohu.com • Corelogic • Zynga • Cars.com • Verisk Analytics • Bilibili • Playtika Holding ...

Former names

Cazador Acquisition Corp Ltd., Net Element International, Inc., Net Element, Inc.

SEC CIK

0001499961

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Ottava Automotive Inc. • Mullen Investment Properties, LLC • Mullen Indiana Real Estate LLC • Bollinger Motors Inc. ...

MULN stock data

1M 1Y 5Y

Latest filings (excl ownership)

View all

8-K

Mullen Announces Result of Special Meeting of Shareholders

30 Jan 23

10-K/A

2022 FY

Annual report (amended)

27 Jan 23

8-K

Submission of Matters to a Vote of Security Holders

Notice of late annual filing

29 Dec 22

8-K

Submission of Matters to a Vote of Security Holders

Mullen Automotive Receives Purchase Order from Randy Marion Automotive Group for 6,000 Class 1 EV Cargo Vans

15 Dec 22

Transcripts

View all

MULN

Earnings call transcript

2019 Q1

16 May 19

MULN

Earnings call transcript

2018 Q4

2 Apr 19

MULN

Earnings call transcript

2018 Q3

16 Nov 18

MULN

Earnings call transcript

2018 Q2

15 Aug 18

MULN

Earnings call transcript

2018 Q1

15 May 18

MULN

Earnings call transcript

2017 Q4

3 Apr 18

MULN

Earnings call transcript

2017 Q3

15 Nov 17

Latest ownership filings

View all

Financial summary

Financial statements Chart MULN financial data

Quarter (USD)	Sep 22	Jun 22	Mar 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Sep 22	Sep 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	84.38 mm	84.38 mm	84.38 mm	84.38 mm	84.38 mm	84.38 mm
Cash burn (monthly)	(no burn)	(no burn)	11.42 mm	8.08 mm	7.53 mm	5.48 mm
Cash used (since last report)	n/a	n/a	47.14 mm	33.37 mm	31.06 mm	22.63 mm
Cash remaining	n/a	n/a	37.24 mm	51.01 mm	53.31 mm	61.74 mm
Runway (months of cash)	n/a	n/a	3.3	6.3	7.1	11.3

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2022

MULN institutional ownership history Ownership history

8.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	105	91	+15.4%
Opened positions	33	35	-5.7%
Closed positions	19	15	+26.7%
Increased positions	38	23	+65.2%
Reduced positions	7	11	-36.4%

13F shares	Current	Prev Q	Change
Total value	546.84 mm	284.61 mm	+92.1%
Total shares	147.89 mm	102.26 mm	+44.6%
Total puts	3.14 mm	5.38 mm	-41.6%
Total calls	3.87 mm	3.52 mm	+9.9%
Total put/call ratio	0.8	1.5	-46.9%

Largest owners	Shares	Value	Change
Peizer Terren S	29.36 mm	$30.25 mm	0.0%
BLK Blackrock	26.29 mm	$8.62 mm	+233.8%
Vanguard	22.60 mm	$7.41 mm	+77.7%
Esousa	19.83 mm	$20.42 mm	0.0%
Drawbridge Investments LLC / NJ	11.82 mm	$139.14 mm	0.0%
Geode Capital Management	6.39 mm	$2.09 mm	+139.8%
JADR Consulting Group Pty	5.04 mm	$59.28 mm	0.0%
Qube Research & Technologies	5.04 mm	$1.65 mm	NEW
NTRS Northern Trust	2.96 mm	$969.00 k	+389.2%
AULT Ault Alliance	2.41 mm	$0.00	0.0%

Largest transactions	Shares	Bought/sold	Change
BLK Blackrock	26.29 mm	+18.41 mm	+233.8%
Vanguard	22.60 mm	+9.88 mm	+77.7%
Qube Research & Technologies	5.04 mm	+5.04 mm	NEW
Geode Capital Management	6.39 mm	+3.73 mm	+139.8%
NTRS Northern Trust	2.96 mm	+2.35 mm	+389.2%
Citadel Advisors	1.43 mm	+1.43 mm	NEW
Two Sigma Investments	1.35 mm	+1.35 mm	NEW
Susquehanna International	1.81 mm	-1.06 mm	-37.0%
STT State Street	0.00	-1.03 mm	EXIT
BK Bank Of New York Mellon	1.43 mm	+967.09 k	+208.6%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

MULN insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
18 Jan 23	Ignacio Novoa	Common Stock	Grant	Acquire A	No	No	0	125,000	0.00	408,000
18 Jan 23	Michery David	Common Stock	Grant	Acquire A	No	No	0	33,873,263	0.00	111,917,806
17 Jan 23	Michery David	Common Stock	Other	Dispose J	No	No	0	1,456,779	0.00	78,044,543
15 Dec 22	Kent Puckett	Common Stock	Sell	Dispose S	No	No	0.33	100,000	33.00 k	0
8 Dec 22	Kent Puckett	Common Stock	Grant	Acquire A	No	No	0	100,000	0.00	100,000
1 Dec 22	Michery David	Common Stock	Gift	Dispose G	No	No	0	50,000	0.00	79,501,322
30 Nov 22	Michery David	Common Stock	Gift	Dispose G	No	No	0	5,300,000	0.00	79,551,322
30 Nov 22	Michery David	Common Stock	Grant	Acquire A	No	No	0	28,765,426	0.00	84,851,322