Volta Inc.
Industrials · Miscellaneous Transportation Equipment · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | |
|---|---|---|---|
| Revenue | $54.6M | $32.3M | $19.5M |
| Operating income | −$172.1M | −$268.2M | −$51.3M |
| Net income | −$154.6M | −$276.6M | −$70.6M |
| Total assets | $341.3M | $473.9M | $181.8M |
| Total liabilities | $190.0M | $191.8M | $138.1M |
| Equity | $151.3M | $282.1M | −$138.9M |
| EPS (diluted) | — | — | — |
| Shares out. | 174.2M | 162.1M | 24.7M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2022- Operating margin
- −315.2%
- Net margin
- −283.2%
- Return on equity
- −102.2%
- Return on assets
- −45.3%
- Return on capital (ROCE)
- −72.0%
- Liabilities / assets
- 55.7%
- Debt / equity
- 1.26×
- Book value / share
- $0.87
- Revenue growth (YoY)
- 69.0%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2022- Altman Z″ (distress)
- -9.36distress
- Accruals / assets
- −11.0%clean
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 3 warning● 2 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Negative operating cash flow
- Revenue is growing year-over-year
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Apr 1, 2022
- NT 10-Qmissed a reporting deadline ↗May 18, 2021
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Material events
SEC Form 8-K · most recent- Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Shareholder voteMar 31, 2023
- Other material eventMar 22, 2023
- Other material eventMar 13, 2023
- Entered a material agreementJan 24, 2023
- Entered a material agreement · New financial obligation · Other material eventJan 18, 2023
- Director / officer changeJan 6, 2023
- Delisting / listing-standard notice · Regulation FD disclosureNov 25, 2022
- Results of operationsNov 14, 2022
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 15-12GFORM 15-12GApr 11, 2023
- EFFECTApr 4, 2023
- EFFECTApr 3, 2023
- 4Mar 31, 2023
- 4Mar 31, 2023
- S-8 POSPOST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8Mar 31, 2023
- POS AMPOST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-3Mar 31, 2023
- 4Mar 31, 2023
- POS AMPOST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-3Mar 31, 2023
- 4Mar 31, 2023
- 4Mar 31, 2023
- 4Mar 31, 2023
- 4Mar 31, 2023
- 4Mar 31, 2023
- 4Mar 31, 2023
Event-driven situations (2)
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