Volcon (VLCN) AI Stock Analysis

• Market Cap: $22.96M
• Dividend Yield: N/A
• Average Volume (3M): 244.61K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.19
• Revenue Growth: 19.71%
• EPS Growth: 99.98%
• Country: US
• Employees: 35
• Sector: Consumer Cyclical
• Sector Strength: 57
• Industry: Auto - Manufacturers
• EPS (TTM): -7.27
• Shares Outstanding: 4,355,874
• 10 Day Avg. Volume: 179,230
• 30 Day Avg. Volume: 244,613
• PEG Ratio: 15.73
• Price to Book (P/B): 31.08K
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -573.01
• Enterprise Value/Market Cap: 859.88
• Enterprise Value/Revenue: 1.28K
• Enterprise Value/Gross Profit: -1.45K
• Enterprise Value/Ebitda: -135.55
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 45 Neutral
• Price Target: $5.00 ▼(-12.28%Downside)

The overall stock score is significantly impacted by the company's weak financial performance, characterized by negative profitability margins and high leverage. Technical analysis indicates a bearish trend, further contributing to the low score. Valuation metrics also reflect ongoing financial struggles, with a negative P/E ratio and no dividend yield.

Volcon Business Overview & Revenue Model

Company Description

Volcon Inc. (VLCN) is an innovative company specializing in the design and manufacturing of all-electric, off-road powersports vehicles. Based in the United States, Volcon targets outdoor enthusiasts by offering a range of electric motorcycles, utility terrain vehicles (UTVs), and other related products. The company's mission is to provide eco-friendly mobility solutions without compromising on performance or excitement.

How the Company Makes Money

Volcon Inc. generates revenue primarily through the sale of its all-electric off-road vehicles. Key revenue streams include direct sales to consumers and dealerships, as well as potential subscription-based services or aftermarket parts and accessories. Additionally, partnerships with retailers and distributors help expand the company's market reach. Volcon may also explore strategic collaborations with technology companies to enhance vehicle features and increase sales potential. The company's earnings are influenced by factors such as market demand for sustainable transportation, brand recognition, and the expanding infrastructure for electric vehicles.

Volcon Financial Statement Overview

Summary

Volcon faces considerable financial challenges with negative profitability margins, high leverage, and strained cash flows. While there are some improvements in the balance sheet, the company remains heavily reliant on external financing to sustain operations.

Income Statement

The income statement reveals significant challenges with sustained negative net and gross profit margins. Revenue growth has been inconsistent, showing a decline in the latest TTM period. High operating losses, reflected in negative EBIT and EBITDA margins, indicate ongoing profitability issues.

Balance Sheet

The balance sheet shows improvement in stockholders' equity from negative to positive, but the debt-to-equity ratio is high, indicating financial leverage. The equity ratio is relatively low, suggesting reliance on debt financing. Improvements in cash and short-term investments are notable.

Cash Flow

Cash flow analysis shows persistent negative free cash flow, though there has been a slight improvement recently. The operating cash flow remains negative, significantly impacting liquidity. High financing cash flow reflects capital raising efforts to support operations.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
3.74M	4.04M	3.26M	4.55M	448.82K	0.00
	Gross Profit
-13.59M	-14.13M	-8.13M	-8.87M	-10.06M	-2.52K
	EBIT
-25.28M	-27.01M	-29.79M	-32.06M	-39.18M	-1.37M
	EBITDA
-21.09M	-26.65M	-39.48M	-30.78M	-39.45M	-1.36M
	Net Income Common Stockholders
-21.92M	-45.51M	-45.07M	-36.41M	-39.36M	-1.37M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
17.57M	2.19M	7.98M	10.99M	5.57M	536.08K
	Total Assets
21.73M	6.23M	22.13M	22.73M	14.62M	1.85M
	Total Debt
702.66K	810.89K	31.41M	18.96M	2.31M	824.56K
	Net Debt
-16.86M	-1.38M	23.43M	7.97M	-3.26M	288.48K
	Total Liabilities
4.99M	6.19M	41.76M	22.09M	8.32M	3.00M
	Stockholders Equity
16.74M	40.76K	-19.63M	635.01K	6.30M	-1.14M
Cash Flow		Free Cash Flow
-15.45M	-16.35M	-30.52M	-34.45M	-25.00M	-1.40M
	Operating Cash Flow
-15.07M	-16.04M	-29.57M	-33.65M	-24.16M	-1.16M
	Investing Cash Flow
-365.92K	-230.31K	-860.72K	-799.41K	-838.03K	-249.04K
	Financing Cash Flow
29.43M	10.37M	27.08M	40.41M	30.03M	1.94M

Volcon Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 5.70
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For VLCN, the sentiment is Negative. The current price of 5.7 is above the 20-day moving average (MA) of 5.05, below the 50-day MA of 5.74, and below the 200-day MA of 30.21, indicating a neutral trend. The MACD of -0.13 indicates Negative momentum. The RSI at 46.48 is Neutral, neither overbought nor oversold. The STOCH value of 58.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for VLCN.

Volcon Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$6.90B	11.05	2.80%	4.27%	2.67%	-24.92%
VLCN	45 Neutral	$22.96M	―	-213.60%	―	19.71%	99.98%
MULN	44 Neutral	$2.58M	―	-3842.15%	―	2136.62%	99.30%
AYRO	42 Neutral	$3.59M	―	19.40%	―	-98.78%	92.98%
EVTV	39 Underperform	$5.14M	―	-132.63%	―	-47.62%	8.34%
ZAPPF	28 Underperform	$396.99K	―		―	―	―
DMNIF	18 Underperform	$2.70M	―		―	―	―

Volcon Corporate Events

Volcon Implements 1-for-8 Reverse Stock Split

Volcon Inc. announced the approval and implementation of a 1-for-8 reverse stock split of its common stock, effective June 11, 2025. This corporate action, approved by stockholders on May 30, 2025, aims to consolidate every eight shares into one, reducing the number of outstanding shares from approximately 4.3 million to 0.54 million, while maintaining the authorized shares at 250 million. The reverse stock split is expected to impact the company’s stock trading on the Nasdaq Capital Market starting June 12, 2025, with adjustments to stock options and warrants also being made.

Volcon’s Key Decisions in Annual Stockholders Meeting

On May 30, 2025, Volcon held its annual stockholders meeting virtually, where seven proposals were voted on. The meeting had a quorum with 43.18% of shares represented. Key outcomes included the election of director nominees for one-year terms, approval of a reverse stock split, and the issuance of stock options and shares under specific conditions. However, a proposal to increase shares in the 2021 Stock Plan was not approved.