← EVgo Inc.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Net loss | ($47.8m) | ($57.8m) | ($106.2m) | ($135.5m) | ($126.7m) | ($95.4m) | — | |
| Net loss on disposal of property and equipment, net of insurance recoveries, and impairment expense | $1.3m | $1.3m | $8.3m | $11.5m | $7.2m | $13.7m | — | |
| Depreciation, amortization and accretion | $18.7m | $23.9m | $35.9m | $52.0m | $65.8m | $74.0m | $77.3m | |
| Paid-in-kind interest, amortization of deferred debt issuance costs, net of capitalized interest | — | — | — | — | $73k | $3.9m | — | |
| Share-based compensation | $929k | $10.9m | $25.0m | $29.7m | $22.0m | $27.1m | $22.1m | |
| Share-based compensation capitalized to property, equipment and software | $1.3m | $1.3m | $9.0m | $11.5m | $1.4m | $1.9m | $22.1m | |
| Accounts receivable, net | $50k | ($195k) | ($8.5m) | ($23.8m) | ($11.0m) | $1.2m | ($4.8m) | |
| Accounts payable | $519k | ($1.3m) | $1.4m | $654k | $5.0m | ($5.7m) | $1.9m | |
| Capital expenditures in accounts payable and accrued liabilities | $1.9m | $13.4m | $24.4m | $15.2m | $11.1m | $18.7m | ($139.9m) | |
| Deferred debt issuance costs in accounts payable, accrued liabilities, other current liabilities and other liabilities | — | — | — | $187k | $11.9m | $9.3m | — | |
| Accrued liabilities | $4.3m | $7.0m | $7.3m | $8.3m | $3.3m | $11.9m | ($3.7m) | |
| Deferred revenue | ($591k) | $21.9m | $13.1m | $38.3m | $29.3m | ($14.0m) | — | |
| Other | — | $761k | $67k | $34k | ($31k) | $5k | — | |
| Prepaids and other current assets and other assets | $1.1m | ($5.7m) | ($2.4m) | ($2.7m) | ($6.9m) | ($17.2m) | — | |
| Other current and noncurrent liabilities | $288k | ($737k) | ($1.1m) | ($142k) | ($800k) | ($2.6m) | — | |
| Net cash used in operating activities | ($20.1m) |
($29.6m)
-47.45%
|
($58.8m)
-98.61%
|
($37.1m)
+36.97%
|
($7.3m)
+80.42%
|
($7.7m)
-6.50%
|
($53.4m)
-591.29%
|
|
| Capital expenditures | ($19.3m) | ($65.0m) | ($200.3m) | ($158.9m) | ($94.8m) | ($116.7m) | ($139.9m) | |
| Proceeds from insurance for property losses | — | — | $710k | $311k | $316k | $24k | — | |
| Property and equipment recognized upon termination of a sales-type lease | $1.3m | $1.3m | $9.0m | $11.5m | $0 | $4.0m | — | |
| Interest capitalized to property, equipment and software | $1.3m | $1.3m | $9.0m | $11.5m | $0 | $3.6m | — | |
| Net cash used in investing activities | ($19.3m) | ($87.8m) | ($199.7m) | ($143.3m) | ($94.5m) | ($116.7m) | ($139.9m) | |
| Bad debt expense | — | — | — | — | $923k | $6.1m | — | |
| Proceeds from long-term debt | — | — | — | — | $0 | $200.9m | — | |
| Payments of deferred debt issuance costs | — | — | — | ($286k) | ($11.0m) | ($10.1m) | — | |
| Net cash provided by financing activities | $47.1m |
$594.6m
+1163.08%
|
$19.8m
-96.67%
|
$143.0m
+621.85%
|
$13.1m
-90.85%
|
$214.6m
+1539.39%
|
$207.5m
-3.31%
|
|
| Net increase (decrease) in cash, cash equivalents and restricted cash | $7.7m | $477.3m | ($238.7m) | ($37.3m) | ($88.6m) | $90.2m | — | |
| Total cash, cash equivalents and restricted cash, beginning of year | $990k | $485.2m | $246.5m | $209.1m | $120.5m | $210.7m | — | |
| Restricted cash, current | — | — | — | $472k | $3.2m | $49.5m | — | |
| Restricted cash, noncurrent | — | — | — | — | $0 | $10.2m | — | |
| Additional Supplementary Disclosures | ||||||||
| Additional Supplementary Disclosures | ||||||||
| Change in fair value of earnout liability | — | ($2.2m) | ($3.5m) | ($1.1m) | $288k | ($920k) | — | |
| Change in fair value of warrant liabilities | — | ($31.1m) | ($36.2m) | ($7.2m) | $4.6m | ($8.4m) | — | |
| Gain on sales-type lease | — | — | — | — | $0 | ($2.8m) | — | |
| Write off of equity issuance costs | — | — | — | — | $0 | $786k | — | |
| Operating lease assets and liabilities, net | — | — | ($519k) | $1.5m | $792k | $708k | — | |
| Proceeds from capital-build funding | $7.1m | $2.9m | $10.1m | $14.4m | $17.4m | $15.2m | — | |
| Contribution from redeemable noncontrolling interest | $5.3m | — | — | — | $6.6m | $9.6m | — | |
| Payments of withholding tax on net issuance of restricted stock units | — | — | ($25k) | — | $0 | ($904k) | — | |
| Cash and cash equivalents | — | — | — | $208.7m | $117.3m | $151.0m | $183.4m | |
| Interest paid | — | — | — | — | $0 | $2.2m | — | |
| Income taxes paid | — | — | — | — | $105k | $95k | — | |
| Non-cash adjustments to redeemable noncontrolling interest | — | — | — | ($85.0m) | $74.2m | $152.7m | — | |
| Non-cash increase in capital-build | — | — | $8.7m | $16.5m | $25.7m | $16.8m | — | |
| Paid-in-kind interest | — | — | — | — | $0 | $5.6m | — | |
| Non-cash increase in asset retirement obligations | — | $2.5m | $1.8m | $783k | $5.1m | $7.1m | — |