| Followers | 71 |
| Posts | 10390 |
| Boards Moderated | 0 |
| Alias Born | 01/04/2007 |
Sunday, March 06, 2022 8:34:43 PM
I don't need to see bolded unlinked information. LOL. I believe they have pre orders for 25,000 vehicles. 5x the example
we can look at the valuations of other EV companies and (taking out Nikola), they trade at an average of 7.1 times 2021 sales. If Mullen can produce and sell 5,000 MX-05 SUVs at $55,000 per car that is revenue of $275 million and 200 Dragonflys at $150,000 add another $30 million. This adds to a conservative $305 million. 7.1 times that is an enterprise value of $2.2 billion by 2023. Keep in mind the company should need at least another $400 million to get there and we expect much of that could be loans.
https://finance.yahoo.com/news/nete-net-element-mullen-4-094100433.html?fr=sycsrp_catchall
we can look at the valuations of other EV companies and (taking out Nikola), they trade at an average of 7.1 times 2021 sales. If Mullen can produce and sell 5,000 MX-05 SUVs at $55,000 per car that is revenue of $275 million and 200 Dragonflys at $150,000 add another $30 million. This adds to a conservative $305 million. 7.1 times that is an enterprise value of $2.2 billion by 2023. Keep in mind the company should need at least another $400 million to get there and we expect much of that could be loans.
https://finance.yahoo.com/news/nete-net-element-mullen-4-094100433.html?fr=sycsrp_catchall
Recent BINI News
- Form SCHEDULE 13D - General Statement of Acquisition of Beneficial Ownership • Edgar (US Regulatory) • 10/15/2025 11:15:37 PM
- Activist Investor Takes 9.99% Stake in Bollinger Innovations, Inc. Asks CEO to Maintain Nasdaq Listing, Seeks 50% of Shares and Board Control Via Tender Offer at 55% Premium Now or to Seek Board Seat; and to Propose Dividend, Bring New Funding Source Strat • GlobeNewswire Inc. • 10/10/2025 04:33:15 PM
- Bollinger Innovations Announces Move to OTC Markets Effective Monday, Oct. 13, 2025 • GlobeNewswire Inc. • 10/09/2025 09:00:00 PM
- Bollinger Innovations Signs Agreement with Ariel Fleet Holdings to Provide FedEx ISPs, Advanced Logistics Systems and Springbok Holdings with 34 Commercial EVs for Last Mile Deliveries • GlobeNewswire Inc. • 10/02/2025 12:45:00 PM
- Bollinger Innovations Receives $1,074,035 for Vehicles Sold in August 2025; Company Continues Sales Momentum and Improves Cash Flow • GlobeNewswire Inc. • 09/18/2025 01:15:00 PM
- Bollinger Innovations, Inc. Announces Reverse Stock Split Effective Sept. 22, 2025 • GlobeNewswire Inc. • 09/18/2025 12:55:00 PM
- Bollinger Innovations Takes Further Cost Cutting Actions Resulting in Reducing Its Quarterly Cash Burn from $21.2M to $8.9M; a 58% Quarterly Decrease • GlobeNewswire Inc. • 09/15/2025 12:45:00 PM
- Bollinger Motors Announces 30 Unit Vehicle Sale to Ziegler and Range Truck Groups, DB Schenker and Larsen Enterprises • GlobeNewswire Inc. • 09/04/2025 01:10:00 PM
- Bollinger Motors Adds Ziegler Truck Group, Range Truck Group to National Sales and Service Network • GlobeNewswire Inc. • 09/02/2025 01:15:00 PM
- Bollinger Innovations Announces Additional Cost Cutting Measures • GlobeNewswire Inc. • 09/02/2025 12:30:00 PM
- Bollinger Innovations, Inc. Announces Quarterly Results for 3 and 9 Months Ended June 30, 2025 • GlobeNewswire Inc. • 08/14/2025 08:00:00 PM
- BOLLINGER INNOVATIONS OFFERS $7,500 PRICE ADJUSTMENT ON MULLEN BRANDED CLASS 1, CLASS 3 COMMERCIAL EVs; MATCHES FEDERAL INCENTIVE • GlobeNewswire Inc. • 08/06/2025 01:25:00 PM
- Bollinger Innovations, Inc. Announces Reverse Stock Split Effective Aug. 4, 2025 • GlobeNewswire Inc. • 07/31/2025 01:00:00 PM
- Bollinger Innovations Strengthens Balance Sheet by Eliminating all Warrants and $25.3 Million of Convertible Notes • GlobeNewswire Inc. • 07/29/2025 12:45:00 PM
- Mullen Automotive Inc. Changes Name to Bollinger Innovations, Inc. Effective Today • GlobeNewswire Inc. • 07/28/2025 01:30:00 PM
