What's Going On With Mullen Automotive Stock Today?
What's Going On With Mullen Automotive Stock Today?
Mullen Automotive, Inc. (NASDAQ:MULN) shares are trading lower on Wednesday.
周三，Mullen Automotive，Inc. (纳斯达克：MULN)的股票价格下跌。
The company expects to report $4.5 million in revenue for the quarter ending September 30, 2024, a significant increase of 6,791% compared to the $65,235 reported for the quarter ending June 30.
公司预计将在2024年9月30日结束的季度报告450万美元的营业收入，相比于截至2024年6月30日的65,235美元，增幅高达6,791%。
As of today, the company has received $11.9 million and expects an additional $600,000 from investors, representing 25% of their additional investment rights. Mullen also has an investment commitment of $150 million through its equity line, which allows it to offer common stock, subject to market and other conditions.
截至今日，公司已收到1,190万美元，并预计从投资者那里获得额外的60万美元，占其额外投资权益的25%。Mullen还通过其股权线拥有1.5亿美元的投资承诺，这使其能够发行普通股，视市场和其他条件而定。
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"We are going into the remainder of 2024 with strong momentum, and I am focused on closing out the calendar year on an extremely positive trajectory," said CEO and chairman of Mullen Automotive.
莫伦汽车公司的首席执行官兼董事长表示：“我们将在2024年剩下的时间中保持强劲的势头，我致力于以极其积极的轨迹结束本日历年。”
The company reported a monthly cash burn of $12.8 million for the quarter ending June 30, down from a monthly cash burn of $18.1 million for the quarter ending March 31, representing a 30% decrease of $5.3 million per month.
该公司截至6月30日的季度现金燃烧为1,280万美元，低于截至3月31日的季度现金燃烧为1,810万美元，每月减少530万美元，降幅达30%。
For the quarter ending September 30, Mullen's monthly cash burn is estimated to be around $12.7 million.
截至9月30日，莫伦的月现金燃烧预计约为1,270万美元。
Looking ahead, the company plans to continue reducing its cash burn through operational improvements throughout 2025, with the expectation of achieving cash flow breakeven by December 2025.
展望未来，该公司计划在2025年全年通过运营改进继续减少现金燃烧，期望于2025年12月实现现金流平衡。
According to Benzinga Pro, MULN stock has slumped over 99% in the past year.
根据Benzinga Pro的报道，MULN股票在过去一年中暴跌超过99%。
Price Action: MULN shares are trading lower by 2.17% to $3.15 at last check Wednesday.
股价走势：MULN股票最后交易时跌至3.15美元，下跌2.17%。周三最后核对。
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