Name | Value |
---|---|
Revenues | 8.4M |
Cost of Revenue | 9.7M |
Gross Profit | -1.3M |
Operating Expense | 60.2M |
Operating I/L | -61.5M |
Other Income/Expense | 13.4M |
Interest Income | 0.0M |
Pretax | -48.1M |
Income Tax Expense | -13.4M |
Net Income/Loss | -34.8M |
Volta Inc. operates a network of smart media-enabled charging stations for electric vehicles in the United States. The company generates revenue by offering advertising and sponsorship opportunities on its charging stations, providing a unique platform for brands to reach environmentally conscious consumers. As of December 31, 2021, Volta Inc. had installed 2,264 chargers across 23 territories and states, positioning itself as a key player in the electric vehicle charging infrastructure market.