Tecogen Inc (PK:TGEN)

Business Focus: Heating, Ventilation & Air Conditioning Systems

Sector:  Industrials Industry:  Electrical Components & Equipment
 
See Regulatory Filings on SEC
Company Contact
Address: 45 1st Ave
WALTHAM MA 02451-1105
Tel: N/A
Website: https://www.tecogen.com
IR: See website
<
Key People
Robert A. Panora
President, Chief Operating Officer
Abinand Rangesh
Chief Executive Officer, Chief Financial Officer, Treasurer, Director
Joseph B. Gehret
Chief Technology Officer
Jeffrey H. Glick
Vice President - Sales
John K. Whiting
General Counsel, Secretary
 
Business Overview
Tecogen Inc. designs, manufactures, markets, and maintains ultra-clean cogeneration products. The Company includes natural gas engine-driven combined heat and power (CHP) systems, chillers, and heat pumps for multi-family residential, commercial, recreational, and industrial use. The Company operates through three segments: Products, Services, and Energy Production. The Products segment designs, manufactures and sells industrial and commercial cogeneration systems. The Services segment provides operations and maintenance services and turn-key installation for its products under long-term service contracts. The Energy Production segment, which installs, operates, and maintains distributed generation electricity systems that it owns and sells energy generated by such systems in the form of electricity, heat, hot water, and cooling to its customers under long-term energy sales agreements. The Company's products are sold with its patented Ultera emissions technology.
Financial Overview
For the three months ended 31 March 2024, Tecogen Inc revenues increased 15% to $6.2M. Net loss decreased 26% to $1.1M. Revenues reflect Energy Production segment increase of 28% to $680K. Lower net loss reflects Unrealized gain on investment securities increase from $0K to $19K (income). Basic Earnings per Share excluding Extraordinary Items increased from -$0.06 to -$0.04.
Employees: 92 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $18.88M as of Mar 31, 2024
Annual revenue (TTM): $25.95M as of Mar 31, 2024
EBITDA (TTM): -$3.21M as of Mar 31, 2024
Net annual income (TTM): -$4.21M as of Mar 31, 2024
Free cash flow (TTM): -$0.44M as of Mar 31, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 24,850,261 as of Apr 9, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.