m_and_a
confidence high
sentiment neutral
materiality 0.60
Capstone Green Energy acquires Cal Microturbine, posts audited financials showing $15.1M 2024 revenue
Capstone Energy Plus, Inc.
- Capstone Green Energy LLC acquired all membership interests of Cal Microturbine, an authorized distributor in California, on August 13, 2025.
- Audited financials: Cal Microturbine had 2024 net sales of $15.1M and net income of $1.6M; 2023 net sales of $12.1M and net income of $3.4M.
- Total assets at Dec 31, 2024: $12.7M vs $5.7M a year earlier; stockholder's equity turned positive with $0.9M vs deficit of $0.04M.
- Pro forma financials filed combining Capstone and Cal Microturbine as of June 30, 2025 and for three months then ended and year ended March 31, 2025.
item 9.01