Orion Energy Systems, Inc. (OQ:OESX)
Business Focus: Lighting Fixtures
| Sector: Consumer Cyclicals | Industry: Construction Supplies & Fixtures |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 2210 Woodland Dr MANITOWOC WI 54220 |
| Tel: | 1-212-9249800 |
| Website: | https://www.orionlighting.com |
| IR: | See website |
| Key People | ||
| Michael H. Jenkins Chief Executive Officer, Director | J. Per Brodin Chief Financial Officer, Executive Vice President, Chief Accounting Officer, Treasurer | Scott A. Green Executive Vice President, President of Orion Services Group |
| Business Overview |
| Orion Energy Systems, Inc. provides light emitting diode (LED) lighting systems, wireless Internet of Things (IoT) enabled control solutions, project engineering, energy project management design, maintenance services and electric vehicle (EV) charging station installation services. The Company's segments include Orion Lighting Division, which develops and sells lighting products and provides construction and engineering services for commercial lighting and energy management systems; Orion Maintenance Division, which provides retailers, distributors and other businesses with maintenance, repair and replacement services for the lighting and related electrical components deployed in their facilities, and Orion Electric Vehicle Charging Division that offers EV charging expertise, sells and installs sourced electric vehicle charging stations with related software subscriptions and renewals and provides EV installation solutions with ongoing support to all commercial verticals. |
| Financial Overview |
| For the nine months ended 31 December 2023, Orion Energy Systems, Inc. revenues increased 15% to $64.2M. Net loss decreased 55% to $13.3M. Revenues reflect Orion Lighting Division segment increase of 60% to $44.7M, Orion Electric Vehicle Charging Division segment increase from $2.8M to $7.4M, Orion Maintenance Division segment increase of 60% to $12M. Lower net loss reflects Corporate and other segment loss decrease of 54% to $1.8M. |
| Employees: | 265 as of Mar 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $34.31M as of Dec 31, 2023 |
| Annual revenue (TTM): | $85.80M as of Dec 31, 2023 |
| EBITDA (TTM): | -$16.37M as of Dec 31, 2023 |
| Net annual income (TTM): | -$18.40M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$8.19M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $5.04M as of Dec 31, 2023 |
| Shares outstanding: | 32,561,601 as of Jan 31, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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