Sunnova Energy International Inc (N:NOVA)

Business Focus: Photovoltaic Solar Systems & Equipment

Sector:  Energy Industry:  Renewable Energy Equipment & Services
 
See Regulatory Filings on SEC
Company Contact
Address: 20 EAST GREENWAY PLAZA
SUITE 540, Houston
HOUSTON TX 77046
Tel: N/A
Website: https://www.sunnova.com
IR: See website
<
Key People
William J. Berger
Chairman of the Board, President, Chief Executive Officer
Robert L. Lane
Chief Financial Officer, Executive Vice President
Paul Mathews
Chief Operating Officer, Executive Vice President
Jackson O. Lynch
Chief Human Resource Officer, Executive Vice President
David Searle
Executive Vice President, Chief Compliance Officer, General Counsel
Michael P. Grasso
Executive Vice President, Chief Revenue Officer
Kelsey Hultberg
Executive Vice President - Corporate Communications and Sustainability
Meghan Nutting
Senior Vice President - Government and Regulatory Affairs
 
Business Overview
Sunnova Energy International Inc. is an energy services company. The Company partnering with local dealers and contractors who originate, design, and install its customer's solar energy systems, energy storage systems and related products and services on its behalf. It also offers other sustainable home solutions, such as home security and monitoring, smart home devices, modern heating, ventilation, and air conditioning generators, upgraded roofing, water systems, water heaters, main panel upgrades and electric vehicle chargers. Its services include operations and maintenance, monitoring, repairs and replacements, equipment upgrades, onsite power optimization for the customer, the ability to switch power sources among the solar panel, grid, and energy storage system, as appropriate, and diagnostics. It serves commercial, industrial, agricultural, not-for-profit, and public sector customers. It serves approximately 419,000 customers in more than 45 United States and territories.
Financial Overview
For the three months ended 31 March 2024, Sunnova Energy International Inc revenues decreased less than 1% to $160.9M. Net loss decreased 14% to $70M. Revenues reflect market conditions. Lower net loss reflects Other operating income increase from $723K to $12.3M (income), Interest income increase of 44% to $35.7M (income), Interest expense, net - Balancing value decrease of 1% to $84.6M (expense).
Employees: 2,047 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $8,038M as of Mar 31, 2024
Annual revenue (TTM): $719.86M as of Mar 31, 2024
EBITDA (TTM): $10.57M as of Mar 31, 2024
Net annual income (TTM): -$406.84M as of Mar 31, 2024
Free cash flow (TTM): -$2,076M as of Mar 31, 2024
Net Debt Last Fiscal Year: $7,539M as of Mar 31, 2024
Shares outstanding: 123,981,666 as of Apr 29, 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.