For over a decade, Volta has been building a nationwide electric vehicle charging network to drive the world forward. Named after Alessandro Volta, the inventor of the electric battery, Volta's award-winning charging stations benefit brands, consumers, and real-estate locations by providing valuable advertising space to businesses and free charging to drivers. Strategically located in places where consumers already spend their time and money, Volta's chargers are currently the most used electric vehicle charging stations in the United States. Headquartered in San Francisco, Volta is bringing to communities the means of building a sustainable fueling network for the 21st century.
Company profile
Ticker
VLTA, VLTA-WT
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Tortoise Acquisition Corp. II
SEC CIK
VLTA stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
11 Apr 23
EFFECT
Notice of effectiveness
5 Apr 23
EFFECT
Notice of effectiveness
4 Apr 23
S-8 POS
Registration of securities for employees (post-effective amendment)
31 Mar 23
POS AM
Prospectus update (post-effective amendment)
31 Mar 23
POS AM
Prospectus update (post-effective amendment)
31 Mar 23
8-K
Termination of a Material Definitive Agreement
31 Mar 23
25-NSE
Exchange delisting
31 Mar 23
10-K
2022 FY
Annual report
31 Mar 23
8-K
Other Events
21 Mar 23
Latest ownership filings
Financial summary
Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
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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) | 2.64 mm | 2.64 mm | 2.64 mm | 2.64 mm | 2.64 mm | 2.64 mm |
Cash burn (monthly) | 8.65 mm | 21.63 mm | 8.84 mm | 14.58 mm | (no burn) | 1.52 mm |
Cash used (since last report) | 136.32 mm | 340.87 mm | 139.31 mm | 229.73 mm | n/a | 23.96 mm |
Cash remaining | -133.68 mm | -338.23 mm | -136.66 mm | -227.09 mm | n/a | -21.32 mm |
Runway (months of cash) | -15.5 | -15.6 | -15.5 | -15.6 | n/a | -14.0 |
Institutional ownership, Q2 2023
12.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 3 |
Opened positions | 0 |
Closed positions | 5 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 82.35 mm |
Total shares | 20.70 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
John J. Tough | 10.72 mm | $9.14 mm |
Tortoise Borrower | 9.82 mm | $72.07 mm |
Integrated Core Strategies | 155.00 k | $1.14 mm |
Proequities | 0.00 | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
31 Mar 23 | Eli Aheto | Class A Common Stock | Sale back to company | Dispose D | Yes | No | 0.86 | 41,261 | 35.48 k | 0 |
31 Mar 23 | Eli Aheto | Class A Common Stock | Sale back to company | Dispose D | No | No | 0.86 | 116,130 | 99.87 k | 0 |
31 Mar 23 | Vincent T. Cubbage | Class A Common Stock | Sale back to company | Dispose D | Yes | No | 0.86 | 489,000 | 420.54 k | 0 |
31 Mar 23 | Vincent T. Cubbage | Class A Common Stock | Sale back to company | Dispose D | No | No | 0.86 | 1,520,190 | 1.31 mm | 0 |
31 Mar 23 | Brandt Hastings | Class A Common Stock | Sale back to company | Dispose D | No | No | 0.86 | 567,148 | 487.75 k | 0 |
31 Mar 23 | Michelle Kley | Class A Common Stock | Sale back to company | Dispose D | No | No | 0.86 | 300,000 | 258.00 k | 0 |
31 Mar 23 | Martin Lauber | Class A Common Stock | Sale back to company | Dispose D | No | No | 0.86 | 436,787 | 375.64 k | 0 |