Zeo Energy reports FY2023 net revenue $110.1M (+24%); Q4 net loss $0.1M

Zeo Energy Corp.

Full-year 2023 net revenue $110.1M, up 24% YoY; gross profit $20.2M (+26%).
Adjusted EBITDA for FY2023 rose 8% to $11.2M; Q4 adjusted EBITDA $1.3M vs $1.5M.
Q4 2023 net loss $0.1M vs net income $1.1M in Q4 2022; impacted by merger costs.
Completed business combination with ESGEN on March 13, 2024; now listed on Nasdaq.
Cash and equivalents $8.0M at Dec 31, 2023, up from $2.3M year-end 2022.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Zeo Energy Corp. reported financial results for the fourth quarter and full year ended December 31, 2023.

Period: the fourth quarter and full year ended December 31, 2023
Result: reported results

Exact text from the filing

On March 19, 2024, the Company issued a press release announcing its financial results for the fourth quarter and fiscal year ended December 31, 2023. A correction to the press release, dated March 20, 2024, is furnished hereto as Exhibit 99.1.

View on SEC.gov

1047 earnings releases filed in the last 30 days. Browse all earnings releases →

Zeo Energy Corp. filing history →

Source: SEC EDGAR

accession 0001213900-24-024194

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.