Jan. 12 at 4:30 PM
$ENPH Algorhythm Holdings Inc has a clean “unit economics per lane” flex inside this expansion that most people miss. The pilot phase was roughly
$0.5M annual revenue across 25 lanes, about
$20K per lane per year. The expansion adds 158 lanes, and management references up to
$5.5M additional annual service revenue, which is about
$34.8K per incremental lane per year. That’s a powerful pattern: the incremental lanes are monetizing richer than the pilot lanes. In markets, that reads like the platform is getting more valuable as usage scales, which is exactly how winning B2B networks behave when they move from proof to production
