secwatch.observer — SEC 8-K summary
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Issuer:     EVgo Inc. (EVGO)
CIK:        0001821159
Form:       8-K
Filed at:   2025-03-04T23:59:59+00:00
Accession:  0001558370-25-002100
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EVgo Q4 revenue $67.5M (+35% YoY); FY2024 revenue $256.8M (+60%); guides FY2025 $340-380M, Adj. EBITDA near breakeven
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- Q4 2024 revenue of $67.5M, up 35% YoY; full-year revenue $256.8M, up 60% YoY, meeting guidance.
- Charging network revenue Q4 $46.5M (+73% YoY); full-year $155.7M (+110%); throughput 84 GWh Q4 (+68%), 277 GWh FY (+116%).
- Added 480+ operational stalls in Q4, ending 2024 with ~4,080 stalls (+1,230 for full year).
- Net loss improved 3% YoY to ($35.6M) in Q4; full-year net loss ($126.7M) improved 6%; Adjusted EBITDA ($32.5M) at high end of guidance.
- 2025 guidance: revenue $340-380M (40% growth at midpoint); Adjusted EBITDA ($5M)-$10M (breakeven); plans to triple installed base in five years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1821159/000155837025002100/0001558370-25-002100-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1821159/000155837025002100/evgo-20250304x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-002100

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