Company Analysis

NeoVolta Inc. (NEOV)

Nasdaq: NEOV · Miscellaneous Electrical Machinery, Equipment & Supplies · Poway, CA · filing with the SEC since 2018
Grade5.2
◀ Past 5.5● Present 4.3▶ Future 6.1
1 est.

The grade of NeoVolta Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.2/10
◀ Past5.530% of the headline
● Present4.340% of the headline
▶ Future6.130% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.5/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
8.8/10

Has it survived what it has been through?

No warning events in its filings since 2018.

weight 33% of this tense · 88th percentile among 43 sector filers · read for itself

From the record

NeoVolta Inc.'s filings since 2018 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
3.1/10

What has it actually done, year after year?

+22.6% a year over 6 filed years; profitable in 0 of 6.

weight 45% of this tense · 31st percentile among 35 sector filers · read for its customers

From the record

NeoVolta Inc.'s 6 filed years say what it did: revenue went from $5 million in fiscal 2021 to $13 million in fiscal 2026, up 22.6% a year; it rose in 2 of 5 years; the deepest fall was 45% from fiscal 2021 to fiscal 2024; net income was positive in 0 of 6 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span22.6%top 42% of its family
  • the share of years revenue rosebottom 13% of its family
  • the share of filed years with a profitbottom 26% of its family
  • the deepest fall from a revenue peak45.2%bottom 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
5.4/10

How has it treated the people who own it?

SI estimate 5.4/10, confidence 35 of 100 (one part).

weight 22% of this tense · 54th percentile among 39 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the top 46% of 39 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 39 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: NeoVolta Inc.'s shareholder treatment is put at 5.4 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the top 46% of 39 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

4.3/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
4.8/10

Is it financially healthy right now?

ROE -54%: lost 54¢ per shareholder dollar. Leverage 26%: owes 26¢ per asset dollar.

weight 45% of this tense · 48th percentile among 39 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-06-30, NeoVolta Inc. lost about 54 cents for every dollar of shareholders' money, and gross profitability: its products earned about 4 cents per dollar of everything the company owns. Leverage: it owed about 26 cents per dollar of assets, and net share issuance: its share count grew 17.0% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 18% of its family
  • return on equitybottom 49% of its family
  • gross profit against assetsbottom 25% of its family
  • the share count against the year beforebottom 36% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
4.4/10

How strong is its position in its industry?

bottom 44% of 39 in its family; net margin -161%.

weight 33% of this tense · 44th percentile among 39 sector filers · read for its customers

From the record

NeoVolta Inc.'s standing among 39 graded names in its industry family: revenue of $13 million in fiscal 2026 ranks in the bottom 22% by size; a net margin of -161% ranks in the bottom 27%; revenue growth of 56.8% a year over the last 3 filed years ranks in the top 17% (its annual reports).

What it rests on

  • revenue against the family$13.3Mbottom 22% of its family
  • net margin-161.0%bottom 27% of its family
  • three-year revenue growth56.8%top 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
3.0/10

What are the people in charge doing?

bottom 29% of 24 in its family for leadership; chief executive since 2024.

weight 22% of this tense · 29th percentile among 24 sector filers · read for its shareholders

From the record

NeoVolta Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Johnson, Henry Ardes (CEO & President, as filed), filing under that title since 2024-04-26, 2.5 years (bottom 37% of its family); the 9 officers and directors filing in the last fifteen months have been on the record a median of 2.5 years (bottom 20%); 8 officer or director changes were reported on Form 8-K since 2023-11-13, against the 9 people in charge now (bottom 31%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge8 in three years among 9 peoplebottom 31% of its family
  • the median years the people in charge have filed2.5 yearsbottom 20% of its family
  • the chief executive's years on the record2.5 yearsbottom 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.1/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.5/10

How much room does it have to grow?

top 45% of 39 in its family for room to expand.

weight 45% of this tense · 55th percentile among 39 sector filers · read for itself

From the record

NeoVolta Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $25 million against no long-term debt tagged leaves 47.3% of its assets as net cash, top 4% of its family; cash from operations less capital spending is -113.9% of revenue (bottom 24%); a gross margin of 16% (bottom 36%); research spending of 11.7% of revenue (top 35%) (its annual report).

What it rests on

  • cash less debt against assets47.3%top 4% of its family
  • cash from operations less capital spending against revenue-113.9%bottom 24% of its family
  • gross margin16.0%bottom 36% of its family
  • research spending against revenue11.7%top 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
9.3/10

What could actually drive growth from here?

top 7% of 35 in its family for growth drivers.

weight 33% of this tense · 93rd percentile among 35 sector filers · read for its customers

From the record

NeoVolta Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew 56.8% a year over the last three filed years against 22.6% over all 6, speeding up (top 2% of its family); the newest year grew 58.3% (top 19%); research spending grew 273.1% a year (top 2%) (its annual reports). NeoVolta Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+34.3 points a yeartop 2% of its family
  • the newest year's revenue growth58.3%top 19% of its family
  • three-year growth of research spending273.1%top 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
2.7/10

Did its newest year beat what its own record pointed to?

bottom 27% of 35 in its family for expectations against reality.

weight 22% of this tense · 27th percentile among 35 sector filers · read for its shareholders

From the record

NeoVolta Inc.'s newest year against its own record: revenue of $13 million in fiscal 2026 came in 1.4% above the $13 million its prior three years' pace pointed to (top 41% of its family); net income of $21 million against a prior three-year average of $3 million (bottom 4%); a net margin of a loss larger than its revenue against -74.4% before (bottom 19%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace1.4%top 41% of its family
  • net income against the prior three years' averagefive times below its prior average or morebottom 4% of its family
  • net margin against its prior average-86.6 pointsbottom 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton NEOV · research, not advice