Aug. 7 at 9:50 PM
$OPAL Results are out, what do you all think?
-Revenue for the three and six months ended June 30, 2025, was
$80.5 million and
$165.9 million respectively, an increase of 13% and 22% respectively, compared to the prior-year period.
-Net income for the three and six months ended June 30, 2025, was
$7.6 million and
$8.8 million respectively, compared to
$1.9 million and
$2.6 million in the same period last year.
Basic and diluted net income (loss) per share attributable to Class A common shareholders for the three and six months ended June 30, 2025 were
$0.03 and
$0.02 compared to $(0.01) and $(0.02) in the comparable period last year.
-Adjusted EBITDA1 for the three and six months ended June 30, 2025, was
$16.5 million and
$36.6 million respectively, compared to
$21.1 million2 and
$36.3 million2 respectively, in the comparable period last year.
-Completed sale of
$16.7 million of IRA Investment Tax Credits.