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uksausage

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Re: cabel post# 49581

Thursday, 01/19/2023 10:09:27 AM

Thursday, January 19, 2023 10:09:27 AM

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so they said... (listen carefully)
as they end 2023 they will be gross margin positive (so may not actually be Q4 just December...)
2024 fiscal year will be EBITDA profitable
2025 we will be truly profitable after taxes

but that can all change next week, especially as the fineprint of the IRA becomes clear and how they will be using the subsidies with their customers. (Tax credits aren't useful for PLUG as they dont pay taxes but the customer does for instance)
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