If you'd like to learn more about how to best position yourself in under valued stocks mispriced by the market to start May, consider joining Out Fox The Street .Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationshi ...

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39572 EVgo Inc. (Exact name of registrant as specified in its charter) Delaware 85-2326098 (State or other ju ...

EVgo (EVGO) Q1 2025 Earnings Call May 06, 2025 08:00 AM ET Company Participants Heather Davis - Vice President, Investor RelationsBadar Khan - CEO & DirectorStephanie Lee - EVP - Accounting & FinanceChris Dendrinos - Vice PresidentBill Peterson - Equity Research Conference Call Participants Andres Sheppard - AnalystChris Mcnally - AnalystChris Pierce - Senior AnalystCraig Irwin - Managing Director, Senior Research Analyst Operator Hello, and welcome to the EVgo Inc. Q1 twenty twenty five Earnings Call. All ...

EVgo (EVGO) Q1 2025 Earnings Call May 06, 2025 08:00 AM ET Speaker0 Hello, and welcome to the EVgo Inc. Q1 twenty twenty five Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. I would now like to turn the conference over to Heather Davis, Vice President of Investor Relations. You may begin. Speaker1 Good morning and welcome to EVgoat's first quarter twenty twenty five earnings call. My name is Heather ...

Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target," "assume" or other similar expressions that predict or indicate future events or trends or that are not statements of his ...

Revenue Growth - Record revenue of $75.3 million in Q1 2025, representing a 36% increase year-over-year[5] - Total revenue for the three months ended March 31, 2025, was $75,287,000, representing a 36% increase from $55,158,000 in the same period of 2024[25] - Revenue from charging retail increased by 64% to $30,015,000 compared to $18,326,000 in Q1 2024[25] Charging Network Performance - Charging network revenue reached $47.1 million in Q1 2025, a 49% year-over-year increase, marking the 13th consecutive quarter of double-digit growth[5] - Network throughput was 83 GWh in Q1 2025, up 60% from 52 GWh in Q1 2024[10] - Average daily throughput per stall increased to 266 kWh in Q1 2025, a 36% rise from 196 kWh in Q1 2024[6] - EVgo Autocharge+ accounted for 27% of total charging sessions initiated in Q1 2025[6] - Charging Network Gross Profit for Q1'25 was $17,489, up 35% from $12,912 in Q1'24, with a Gross Margin of 37.1%[34] - Adjusted Gross Profit for Q1'25 was $25,370, a 47% increase from $17,287 in Q1'24, with an Adjusted Gross Margin of 33.7%[35] - Charging Network Gross Margin decreased by 370 basis points from 40.8% in Q1'24 to 37.1% in Q1'25[34] Customer Growth - Customer accounts increased by over 119,000 in Q1 2025, totaling 1.4 million accounts by the end of the quarter[11] - Added over 180 new operational stalls during Q1 2025, ending the quarter with a total of 4,240 stalls[6] Financial Position - Total assets as of March 31, 2025, were $855,981,000, up from $803,761,000 as of December 31, 2024, reflecting a growth of 6.5%[24] - Total liabilities increased to $433,107,000 as of March 31, 2025, from $360,030,000 at the end of 2024, marking a rise of 20.3%[24] - Cash and cash equivalents increased to $150,008,000 as of March 31, 2025, from $117,273,000 at the end of 2024, representing a growth of 28%[24] Profitability and Loss - The net loss attributable to Class A common stockholders for Q1 2025 was $11,362,000, a 16% increase compared to a net loss of $9,833,000 in Q1 2024[25] - Operating loss for the three months ended March 31, 2025, was $33,400,000, slightly higher than the operating loss of $32,370,000 in the same period of 2024, indicating a 3% increase[25] - GAAP net loss for Q1'25 was $(26,227), improving by 7% from $(28,193) in Q1'24[33] - Adjusted EBITDA for Q1'25 was $(5,929), an 18% improvement from $(7,207) in Q1'24[33] - EBITDA Margin for Q1'25 was (9.6%), improving by 1,780 basis points from (27.4%) in Q1'24[33] Capital Expenditures - Capital expenditures for the three months ended March 31, 2025, were $14,992,000, down from $21,071,000 in the same period of 2024, reflecting a decrease of 29%[26] - Capital Expenditures, Net of Capital Offsets, for Q1'25 were $8,146, a 40% decrease from $13,565 in Q1'24[36] Future Outlook - Total revenue guidance for 2025 is set between $340 million and $380 million, with Adjusted EBITDA projected between $(5) million and $10 million[17] - EVgo aims to achieve Adjusted EBITDA breakeven in 2025 while continuing to invest in growth and infrastructure[3]

While the EV revolution stalls, one charging stock is still sparking investor interest — and it's not ChargePoint Holdings Inc CHPT. JPMorgan analyst Bill Peterson thinks EVgo Inc EVGO is better positioned than ChargePoint heading into earnings season, citing more substantial utilization, partnerships, and a more straightforward path to sustainable returns."Fundamentals still favor owner-operators like EVGO over hardware-software players like CHPT," Peterson noted, adding that the muted EV demand still weig ...

EVgo Inc. (EVGO) , a leading provider of public fast-charging infrastructure in the United States, and Toyota Motor Corporation (TM) , have inaugurated their first DC fast-charging (DCFC) stations in Baldwin Park and Sacramento, CA. Developed under Toyota’s “Empact” vision, these co-branded stations, owned and operated by EVgo, feature 350kW chargers and can simultaneously serve up to eight vehicles.With a network of more than 1,100 stations across 40+ states, EVgo partnered with Toyota to enhance charging ...

J.P. Morgan analyst Bill Peterson reiterated the Overweight rating on EVgo Inc. EVGO, lowering the price forecast to $5 from $6.The analyst suggests that EVgo, a prominent operator of a DC fast-charging network in the U.S., is poised for substantial revenue growth in the coming years.This growth will be driven by factors such as increased charger utilization, higher charge rates, and a growing network footprint, which could be further bolstered by a potential Department of Energy loan, even in a market with ...

The charging infrastructure market is exponentially expanding as electric vehicle (EV) adoption is accelerating worldwide. While China is currently leading in EV charging infrastructure, with more than 3.2 million public charge points, Europe is expanding rapidly, with over 900,000 public charge points, with countries like the Netherlands, France and Germany at the forefront. In contrast, the United States is working to catch up, with a little more than 206,000 publicly available charging ports and approxim ...