Heliogen (NYSE:HLGN) Full Year 2022 Results
Key Financial Results
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Revenue: US$13.8m (up 56% from FY 2021).
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Net loss: US$142.0m (loss widened by 3.3% from FY 2021).
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US$0.75 loss per share.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Heliogen Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 6.9%. Earnings per share (EPS) missed analyst estimates by 22%.
Looking ahead, revenue is forecast to grow 65% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Electrical industry in the US.
Performance of the American Electrical industry.
The company's shares are up 24% from a week ago.
Risk Analysis
We should say that we've discovered 4 warning signs for Heliogen (1 is significant!) that you should be aware of before investing here.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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