earnings
confidence high
sentiment negative
materiality 0.70
Tecogen FY2025 revenue $27.1M (+20% YoY); net loss widens to $8.25M from $4.76M
TECOGEN INC.
- FY2025 revenue $27.07M (19.7% increase); net loss $8.25M ($0.30/share) vs $4.76M loss in 2024.
- Q4 revenue $5.32M (down 12.5% YoY); Q4 net loss $3.99M ($0.13/share) vs $1.19M loss.
- Cash used in operations $9.91M; ended year with $12.43M cash after $17.4M July follow-on.
- Gross margin fell to 36.3% (FY) from 43.6%; operating expenses rose 25.4% including $1.11M goodwill impairment.
- CEO cites positive updates on Vertiv pipeline, data center opportunities, and upcoming pilot project despite loss.