Sep. 13 at 5:47 PM
$EVGO Actually:
"EVgo posted its first-ever full-year positive Adjusted EBITDA of
$12 million for fiscal year 2025, driven by a strong fourth quarter.
2026 Outlook: For the full year 2026, EVgo projected total revenue between
$410 million and
$470 million, with an Adjusted EBITDA guidance range of $(20) million to
$20 million"
Right now EVgo is in high CapEx spending mode, as they continue to build out the network. Once the planned network is completed, and the CapEx spending slows to a trickle, then there will be a steady flow of profitable revenue, and EPS, much like a utility company. At that point those profits could go towards dividends, share buy backs, and M&A's.
