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With more than 1,200 fast charging stations across 47 states, we strategically deploy localized and accessible charging infrastructure by partnering with leading businesses across the U.S., including retailers, grocery stores, restaurants, shopping centers, gas stations, rideshare operators and autonomous vehicle companies. The foundation of our business is building, owning and operating EV fas…
The business is unprofitable at the operating level (-28.81% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue up 49.6% YoY with margins expanding 22.4pp.
Negative free cash flow of -$124M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$418M
▲ +49.6% YoY
Net Income (TTM)
-$47M
▲ +6.2% YoY
Op. Margin
-27.16%
▲ +22.4pp YoY
ROIC
-31.89%
▲ +87.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$165M
▼ -21.9% YoY
Op. Cash Flow (TTM)
-$33M
▼ -6.5% YoY
Net Debt
$200M
Cash & Equiv.
$122M
5Y CAGR: +96.7%
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