EVgo Inc. (EVGOW) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
11835 WEST OLYMPIC BOULEVARD LOS ANGELES, CA 90064 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 75 - Automotive Repair, Services, And Parking (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments, including: | 250 | 484,881 | 990 | ||||
| Cash and cash equivalent | 250 | 990 | |||||
| Other undisclosed cash, cash equivalents, and short-term investments | 484,881 | ||||||
| Restricted cash and investments | |||||||
| Receivables | 37,582 | 11,075 | 4,059 | ||||
| Prepaid expense | 4,953 | 6,395 | 261 | ||||
| Other current assets | 5,252 | 1,389 | |||||
| Other undisclosed current assets | 229,574 | 254,204 | 9,621 | ||||
| Total current assets: | 267,406 | 275,484 | 506,345 | 1,252 | |||
| Noncurrent Assets | |||||||
| Operating lease, right-of-use asset | 67,724 | 51,856 | |||||
| Property, plant and equipment | 389,227 | 308,112 | 133,282 | ||||
| Intangible assets, net (including goodwill) | 80,049 | 91,664 | 103,279 | ||||
| Goodwill | 31,052 | 31,052 | 31,052 | ||||
| Intangible assets, net (excluding goodwill) | 48,997 | 60,612 | 72,227 | ||||
| Asset, held-in-trust | 230,003 | ||||||
| Restricted cash and investments | 300 | 300 | |||||
| Other noncurrent assets | 2,208 | 2,308 | 3,115 | ||||
| Total noncurrent assets: | 539,208 | 454,240 | 239,976 | 230,003 | |||
| TOTAL ASSETS: | 806,614 | 729,724 | 746,321 | 231,255 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 50,682 | 48,361 | 30,024 | 748 | |||
| Accounts payable | 10,133 | 9,128 | 2,946 | 25 | |||
| Accrued liabilities | 40,549 | 39,233 | 27,078 | 723 | |||
| Deferred revenue | 23,114 | 16,023 | 5,144 | ||||
| Customer refund liability | 9,235 | 17,867 | 11,592 | ||||
| Other liabilities | 298 | 136 | 111 | ||||
| Other undisclosed current liabilities | 6,018 | 4,958 | |||||
| Total current liabilities: | 89,347 | 87,345 | 46,871 | 748 | |||
| Noncurrent Liabilities | |||||||
| Liabilities, other than long-term debt | 141,105 | 99,096 | 88,360 | 32,844 | |||
| Deferred revenue | 55,091 | 23,900 | 21,709 | ||||
| Asset retirement obligations | 18,232 | 15,473 | 12,833 | ||||
| Other liabilities | 146 | ||||||
| Operating lease, liability | 61,987 | 45,689 | |||||
| Business combination, contingent consideration, liability | 654 | 1,730 | 5,211 | ||||
| Derivative instruments and hedges, liabilities | 5,141 | 12,304 | 48,461 | 32,844 | |||
| Other undisclosed noncurrent liabilities | 35,787 | 26,157 | 23,169 | 8,050 | |||
| Total noncurrent liabilities: | 176,892 | 125,253 | 111,529 | 40,894 | |||
| Total liabilities: | 266,239 | 212,598 | 158,400 | 41,642 | |||
| Temporary equity, including noncontrolling interest | 700,964 | 875,226 | 1,946,252 | ||||
| Equity | |||||||
| Equity, attributable to parent, including: | (160,589) | (358,100) | (1,358,331) | 5,000 | |||
| Additional paid in capital | 87,928 | 17,533 | 19,301 | ||||
| Accumulated deficit | (248,547) | (375,660) | (1,358,358) | (14,302) | |||
| Other undisclosed equity, attributable to parent | 30 | 27 | 27 | 1 | |||
| Other undisclosed equity | 184,613 | ||||||
| Total equity: | (160,589) | (358,100) | (1,358,331) | 189,613 | |||
| TOTAL LIABILITIES AND EQUITY: | 806,614 | 729,724 | 746,321 | 231,255 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|---|---|
| Revenues | 160,953 | 54,588 | 22,214 | |||
| Cost of revenue | (151,239) | (60,239) | (29,044) | |||
| Cost of product and service sold | (60,239) | (29,044) | ||||
| Other cost of operating revenue | ||||||
| Gross profit: | 9,714 | (5,651) | (6,830) | |||
| Operating expenses | (163,121) | (143,852) | (83,001) | |||
| Operating loss: | (153,407) | (149,503) | (89,831) | |||
| Nonoperating income | 17,983 | 43,281 | 32,069 | |||
| Interest and debt expense | (21) | (1,926) | ||||
| Loss from continuing operations before equity method investments, income taxes: | (135,424) | (106,243) | (59,688) | |||
| Other undisclosed income from continuing operations before income taxes | 21 | |||||
| Loss from continuing operations before income taxes: | (135,424) | (106,222) | (59,688) | |||
| Income tax expense (benefit) | (42) | (18) | ||||
| Loss from continuing operations: | (135,466) | (106,240) | (59,688) | |||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (59,688) | ✕ | |
| Other undisclosed net income | 1,926 | |||||
| Net loss: | (135,466) | (106,240) | (57,762) | |||
| Net income attributable to noncontrolling interest | 93,039 | 78,665 | 51,856 | |||
| Net loss attributable to parent: | (42,427) | (27,575) | (5,906) | |||
| Undistributed earnings (loss) allocated to participating securities, basic | 334 | 285 | 62 | |||
| Net loss available to common stockholders, basic: | (42,093) | (27,290) | (5,844) | |||
| Other undisclosed net income available to common stockholders, diluted | 349 | |||||
| Net loss available to common stockholders, diluted: | (42,093) | (26,941) | (5,844) | |||
Comprehensive Income ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|---|---|
| Net loss: | (135,466) | (106,240) | (57,762) | |||
| Net income attributable to redeemable noncontrolling interest | ✕ | ✕ | ✕ | ✕ | ||
| Comprehensive loss: | (135,466) | (106,240) | (57,762) | |||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 93,039 | 78,665 | 51,856 | |||
| Comprehensive loss, net of tax, attributable to parent: | (42,427) | (27,575) | (5,906) | |||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.