Neovolta Inc (NEOV) Return on Assets ROA from the fourth quarter of 2026 to fourth quarter of 2025 and for the year 2026, Average High and Low, Fundamental Ratios from Jun 30 2026 to Jun 30 2025 - CSIMarket
Neovolta Inc 's ROA from the fourth quarter of 2026 to the fourth quarter of 2025 and 5 Year Period
Return on Assets, Quarterly Results, Trends, Rankings, Statistics
What is Neovolta Inc 's ROA in the fourth quarter of 2026?
Neovolta Inc recorded a cumulative net loss of $-21 million during 12 months ending in the fourth quarter of 2026, resulting in a negative return on assets (ROA) of -93.96%.
However, within the Capital Goods sector 271 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Jun 30 2026 quarter, so far to 4237, from total ROA ranking in the third quarter of 2026 at 5071.
In a significant boost to its financial standing, NeoVolta Inc. a prominent player in the solar energy storage solutions market, has recently secured a $5 million Line of Credit (LOC) from National Energy Modelers, Inc. This strategic move not only strengthens NeoVolta s working capital but also safeguards shareholder equity. Despite facing a cumulative net loss of $-2 million during the twelve months leading up to the third quarter of 2024, resulting in a negative return on assets (ROA) of -37.15%, NeoVolta s return on assets has shown improvement compared to the previous quarter. The company s overall ROA ranking has advanced from 3523 in the second quarter of 2024 to 3193 in the first quarter of 2024. Assessing the impact of these developments on NeoVolta, the $5 million Line of Credit stands out as a major milestone. By securing this credit facility, the company enhances its financial position, allowing for increased stability and liquidity. The injection of working capital enables NeoVolta to pursue its strategies more aggressively, potentially leading to the expansion of their solar energy storage solutions and further consolidating their position in the market. The preservation of shareholder equity should also be seen as a positive outcome, as it demonstrates NeoVolta s commitment to protecting investor value.
NeoVolta Announces Vision for Rapid Growth in CEO Ardes Johnson s Letter to Shareholders In a recent letter addressed to the shareholders, NeoVolta s new CEO, Ardes Johnson, unveiled a series of strategies aimed at ensuring immediate market expansion and fostering innovation in the energy storage sector. The announcement has further bolstered the company s impressive year-to-date gains, which now stand at 89.34%. One of the key highlights from Johnson s letter was the company s ambition to rectify their recent financial setbacks. NeoVolta Inc, during the 12 months ending in the third quarter of 2024, experienced a cumulative net loss of $-2 million. This unfortunate result translated into a negative return on assets (ROA) of -37.15%. However, CEO Johnson remains optimistic and has mapped out a clear path to turn the situation around.
San Diego-based home solar battery storage leader, NeoVolta, has cemented its position as the top solar storage products provider for the third consecutive year, as reported by Solar Power World. The company s tremendous success can be attributed to its ability to adapt and thrive in the face of new regulations, specifically the NEM3 regulations in California. These regulations have fueled NeoVolta s astonishing performance, resulting in over $1 million in revenue in the fourth quarter of 2023 alone. NeoVolta s persistent growth in revenue shows no signs of slowing down in the second quarter of FY 2024. The company has been able to capitalize on the increasing demand for solar energy storage, securing its position as the go-to provider in this industry. However, despite its strong sales performance, NeoVolta has experienced some setbacks in terms of overall financial performance.
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