Bollinger Innovations Inc.
BINI Consumer Cyclical Auto Manufacturers
Bollinger Innovations Inc.’s revenue for fiscal 2024 (year ended September 2024) was $1.1 million, up 199.0% from fiscal 2023. In the quarter to June 2025, revenue grew 626.5%, EPS grew 99.7% and free cash flow grew 44.6%, each against the same quarter a year earlier. Revenue growth for three consecutive years.
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A Balance Sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and shareholders' equity at a specific point in time. It follows the formula: Assets = Liabilities + Shareholders' Equity. Key components include current and non-current assets, current and long-term liabilities, and equity. The Balance Sheet helps businesses and investors evaluate financial stability, liquidity, and capital structure. It's essential for assessing the company's ability to meet its obligations and fund future operations.
| Dec '18 | Dec '19 | Sep '20 | Dec '20 | Sep '21 | Dec '21 | Sep '22 | Dec '22 | Sep '23 | Sep '24 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash and Short Term Investments |
1.65 | 0.49 | 0.03 | 4.54 | 0.04 | 0.04 | 84.38 | 84.38 | 155.70 | 10.75 |
Receivables |
6.29 | 6.56 | — | 7.11 | — | — | — | — | 0.67 | 0.12 |
Inventory |
— | — | 0.04 | — | 0.06 | 0.06 | — | — | 16.81 | 37.50 |
Other current assets |
1.75 | 1.62 | 0.20 | 0.48 | — | — | — | — | — | — |
Total current assets |
9.69 | 8.67 | 15.33 | 13.97 | 6.81 | 6.81 | 86.33 | 86.33 | 198.13 | 63.17 |
Property, Plant, Equpment (Net) |
0.03 | 0.38 | 1.54 | 0.80 | 1.18 | 3.53 | 14.80 | 19.40 | 82.03 | 82.18 |
Long-term receivables |
— | — | — | — | — | — | 1.23 | — | 2.25 | — |
Goodwill and Intangible Assets (Total) |
15.45 | 13.36 | 2.62 | 11.28 | 2.50 | 2.50 | 186.78 | 186.78 | 133.08 | 27.06 |
Long-term assets (Other) |
0.60 | 0.63 | 0.76 | 0.78 | 4.33 | 4.33 | 8.85 | 8.85 | 0.96 | 3.18 |
Total non-current assets |
16.08 | 14.37 | 6.66 | 12.86 | 10.36 | — | 216.26 | — | 223.58 | 115.46 |
Total Assets |
25.76 | 23.04 | 21.99 | 26.83 | 17.17 | 17.17 | 302.59 | 302.59 | 421.71 | 178.63 |
Notes Payable |
0.43 | 0.91 | 33.05 | 1.33 | 39.20 | — | 3.86 | — | 7.46 | 5.40 |
Accounts Payable |
6.37 | 6.04 | 2.69 | 7.17 | 5.21 | 5.21 | 6.11 | 6.40 | 13.18 | 41.34 |
Dividends Payable |
— | — | — | — | — | — | 7.76 | — | 0.40 | — |
Accrued Expenses |
2.54 | 1.80 | 22.15 | 4.60 | 19.13 | — | 7.19 | — | 41.61 | 51.61 |
Current Revenue (Deferred) |
1.50 | 1.40 | — | 1.61 | — | — | — | — | — | — |
Other current liabilities |
4.47 | 3.33 | — | 6.44 | 7.03 | 26.15 | 95.89 | 108.80 | 75.23 | 81.93 |
Total current liabilities |
11.22 | 10.41 | 58.23 | 15.07 | 71.16 | 71.16 | 122.23 | 122.23 | 139.61 | 183.17 |
Long Term Debt (Total) |
5.95 | 8.34 | 0.28 | 8.61 | 0.25 | 2.11 | 5.16 | — | — | — |
Long Term Tax Liability (Deferred) |
— | — | — | — | — | — | 14.88 | 14.88 | 3.89 | — |
Non-current Liabilities (Other) |
0.00 | — | 4.50 | 0.00 | 5.62 | 5.62 | — | — | 1.83 | 0.36 |
Total non-current liabilities |
5.95 | 8.59 | 6.27 | 9.27 | 7.72 | — | 23.41 | — | 9.29 | 12.00 |
Total liabilities |
17.17 | 19.00 | 64.49 | 24.34 | 78.88 | 78.88 | 145.64 | 145.64 | 148.90 | 195.18 |
Additional Paid In Capital |
183.25 | 185.30 | 63.62 | 189.70 | 88.65 | — | 948.60 | — | 2,071.11 | 2,290.66 |
Preferred Stock (Total) |
— | — | 0.01 | — | 0.01 | — | 0.01 | — | 0.00 | 0.00 |
Common Stock (Net) |
0.00 | 0.00 | 0.01 | 0.00 | 0.01 | 0.01 | 0.00 | 0.83 | 0.00 | 0.00 |
Retained Earnings |
(172.29) | (178.75) | (106.13) | (184.69) | (150.37) | (150.37) | (889.91) | (889.91) | (1,862.16) | (2,319.22) |
Common Equity (Total) |
8.60 | 4.04 | (42.51) | 2.48 | (61.72) | (61.72) | 156.95 | 58.69 | 272.81 | (16.55) |
Shareholders Equity (Total) |
8.60 | 4.04 | (42.50) | 2.48 | (61.71) | (61.71) | 156.96 | 58.70 | 272.81 | (16.55) |
Shareholders Equity and Liabilities (Total) |
25.76 | 23.04 | 21.99 | 26.83 | 17.17 | — | 302.59 | — | 421.71 | 178.63 |
Shares (Common) |
3.86 | 4.11 | 5.09 | 5.00 | 7.05 | — | 0.04 | — | 0.03 | 4.58 |
Shares (Preferred) |
— | — | 5.68 | — | 5.67 | — | 5.72 | — | 1.58 | 0.36 |
Shareholders Equity (Tangible) |
(6.85) | (9.32) | (45.13) | (8.79) | (64.21) | — | (29.83) | — | 139.73 | (43.60) |
Net Debt |
4.30 | 7.86 | 0.25 | 4.07 | 0.21 | 2.06 | (79.21) | (84.38) | (155.70) | (10.75) |
Total Debt |
5.95 | 8.34 | 0.28 | 8.61 | 0.25 | 2.11 | 5.16 | 8.52 | — | — |