Bollinger Innovations (BINI) AI Stock Analysis

• Market Cap: $684.75K
• Dividend Yield: N/A
• Average Volume (3M): 21.44M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.20
• Revenue Growth: 5865.42%
• EPS Growth: 99.51%
• Country: US
• Employees: 388
• Sector: Consumer Cyclical
• Sector Strength: 80
• Industry: Auto - Manufacturers
• EPS (TTM): -11231.39
• Shares Outstanding: 4,604,935
• 10 Day Avg. Volume: 34,684,369
• 30 Day Avg. Volume: 21,435,435
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 54.45
• Enterprise Value/Revenue: 3.99
• Enterprise Value/Gross Profit: -1.18
• Enterprise Value/Ebitda: -0.10
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 0

• Rating: 37 Underperform
• Price Target: $0.00 ▼(-100.00% Downside)

Bollinger Innovations is currently facing severe financial difficulties, with negative profitability and high leverage. The technical analysis indicates a strong bearish trend, and the valuation metrics reflect a lack of earnings and income potential. These factors collectively contribute to a very low overall stock score.

Bollinger Innovations Business Overview & Revenue Model

Company Description

Bollinger Innovations (BINI) is a forward-thinking company specializing in advanced technology solutions across various sectors including aerospace, automotive, and renewable energy. The company focuses on developing innovative products and services that enhance efficiency and sustainability, leveraging cutting-edge research and engineering expertise. BINI's core offerings include custom software development, smart automation systems, and eco-friendly energy solutions, aimed at addressing the complex challenges faced by modern industries.

How the Company Makes Money

Bollinger Innovations generates revenue through multiple streams, primarily by offering consulting services, product sales, and licensing agreements. The consulting services involve working closely with clients to design and implement tailored technological solutions, which are billed at an hourly or project-based rate. Product sales come from the commercialization of proprietary technologies, such as automation software and energy-efficient systems, sold directly to businesses. Additionally, BINI earns revenue through licensing agreements that allow other companies to use its patented technologies, providing a steady income stream. Strategic partnerships with key players in the aerospace and energy sectors further enhance its market reach and create opportunities for collaborative projects, contributing significantly to the company's overall earnings.

Bollinger Innovations Financial Statement Overview

Summary

Bollinger Innovations is facing significant financial challenges, with negative profitability, high leverage, and insufficient cash flow generation. The company's financial health is concerning, with substantial losses and a weak balance sheet. Immediate strategic actions are needed to improve operational efficiency and financial stability.

Income Statement

Bollinger Innovations shows a concerning financial performance with negative margins across the board. The TTM data reveals a gross profit margin of -241.11% and a net profit margin of -4760.58%, indicating significant losses relative to revenue. Although there is a slight revenue growth rate of 4.57%, the overall profitability remains severely negative, with EBIT and EBITDA margins also deeply in the red.

Balance Sheet

The balance sheet reflects a precarious financial position with negative stockholders' equity, resulting in a negative debt-to-equity ratio. Despite a positive return on equity of 10.03% in the TTM, this is misleading due to the negative equity base. The equity ratio is also negative, indicating that liabilities exceed assets, which poses a significant risk to financial stability.

Cash Flow

Cash flow analysis shows negative operating and free cash flows, with a free cash flow growth rate of -12.97% in the TTM. The operating cash flow to net income ratio is negative, suggesting that the company is not generating sufficient cash from operations to cover its net losses. The free cash flow to net income ratio is slightly above 1, indicating that free cash flow is marginally better than net income, but still negative.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	9.34M	1.09M	366.00K	0.00	65.71M	65.00M
Gross Profit	-31.66M	-15.80M	92.12K	-3.72M	64.48M	6.10M
EBITDA	-374.08M	-438.35M	-996.27M	-93.71M	-21.68M	-1.49M
Net Income	-467.56M	-457.06M	-972.25M	-740.32M	-65.41M	-48.28M
Balance Sheet
Total Assets	89.23M	178.63M	421.71M	302.59M	17.17M	21.99M
Cash, Cash Equivalents and Short-Term Investments	454.66K	10.32M	155.27M	54.09M	42.17K	33.37K
Total Debt	36.04M	19.94M	13.16M	13.81M	41.91M	35.15M
Total Liabilities	196.28M	195.18M	148.90M	145.64M	78.88M	64.49M
Stockholders Equity	-107.91M	-28.56M	208.95M	58.70M	-61.71M	-42.50M
Cash Flow
Free Cash Flow	-114.71M	-200.30M	-287.10M	-77.82M	-17.68M	-4.94M
Operating Cash Flow	-109.78M	-185.56M	-179.17M	-65.80M	-17.52M	-4.37M
Investing Cash Flow	-6.33M	-16.15M	-107.92M	-47.15M	-161.78K	-567.01K
Financing Cash Flow	113.00M	56.76M	358.42M	197.28M	17.69M	2.75M

Bollinger Innovations Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.12
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BINI, the sentiment is Negative. The current price of 0.12 is below the 20-day moving average (MA) of 0.37, below the 50-day MA of 14.87, and below the 200-day MA of 50112318.66, indicating a bearish trend. The MACD of -1689.76 indicates Negative momentum. The RSI at 20.76 is Positive, neither overbought nor oversold. The STOCH value of 1.75 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BINI.

Bollinger Innovations Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.02B	12.77	-0.74%	3.01%	1.30%	-13.03%
SBLX	46 Neutral	$3.60M	―	-264.35%	―	-98.22%	49.35%
EVTV	46 Neutral	$8.65M	―	-189.10%	―	2.97%	-11.17%
WKHS	45 Neutral	$18.45M	―	-201.87%	―	11.73%	74.79%
EMPD	44 Neutral	$330.22M	―	-232.22%	―	-1.24%	99.95%
ECDA	41 Neutral	$6.34M	―	-82.82%	―	-31.40%	-161.97%
BINI	37 Underperform	$684.75K	―	-3842.15%	―	5865.42%	99.51%

Bollinger Innovations Corporate Events

Bollinger Innovations Announces New Cost-Cutting Measures

On September 2, 2025, Bollinger Innovations announced additional cost-cutting measures, including staff reductions and facility closures, to further streamline operations following a recent merger. The company aims to reduce its general and administrative (G&A) and research and development (R&D) expenses significantly, from $47.7 million to $18.6 million per quarter, representing a 61% drop. These measures include eliminating third-party manufacturing and consolidating production lines to their Tunica, Mississippi plant. This strategic move is designed to lower the operating expense burn rate while focusing on increasing commercial revenue generation.

Bollinger Innovations Faces Nasdaq Delisting Hearing

Bollinger Innovations, Inc. received a notice from Nasdaq on February 25, 2025, regarding non-compliance with the minimum market value requirement for continued listing. Despite efforts, the company failed to meet the requirement by the August 25, 2025 deadline. Consequently, Bollinger Innovations intends to request a hearing to prevent suspension or delisting, with proceedings stayed pending the hearing outcome. The company reported stockholders’ equity exceeding $2.5 million as of August 14, 2025, which may serve as an alternative compliance measure.

Bollinger Innovations Executes Reverse Stock Split

On August 4, 2025, Bollinger Innovations, Inc. implemented a 1-for-250 reverse stock split of its common stock, following approval from stockholders on July 22, 2025. This move aims to comply with Nasdaq’s $1.00 minimum bid price requirement, reducing the number of outstanding shares from approximately 433.5 million to 1.7 million. The reverse split does not alter the par value or authorized number of shares, and fractional shares will be rounded up. The company’s common stock continues to trade under the symbol ‘BINI’ with a new CUSIP number.

Bollinger Innovations Enhances Financial Position with Note Elimination

On July 29, 2025, Bollinger Innovations announced the elimination of all warrants and $25.3 million of convertible notes, enhancing its financial position and increasing shareholder equity by approximately $133 million. This strategic move, facilitated through an exchange agreement with existing noteholders, is expected to help the company meet Nasdaq listing requirements and strengthen its capital structure. The company continues to focus on its commercial EV offerings, including the Bollinger B4 Chassis Cab, designed for urban operations with a 185-mile range and a 7,325-pound payload.