Category: Markets
Published: 2026-08-16T14:12:00.000Z
NeoVolta Inc. (NASDAQ:NEOV), an energy storage systems company with a US$199m market cap, is projected by analysts to achieve profitability by 2028, breaking even around two years from now. The company, which currently reports a trailing-twelve-month loss of US$11m, is expected to see significant growth of 53% year-on-year to reach a US$29m profit in 2028. NeoVolta has also maintained a strong balance sheet with low debt, funding its operations predominantly through equity capital.
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