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Tuesday, December 19, 2023 11:19:20 AM
Net loss improved 31% YOY
Gross loss improved 64% fiscal 23
Cash $403.3M
Those numbers are awesome!
Derby 2 COD by year end!
Korea news coming soon, possibly by year end but probably by end Q1 (Jan 31)!
$20+M in Q2 from Tax Equity
3 New Awards in Negotiations, will only be added to backlog when contracts are completed.
Canada facility ramping to 40MW with ability to ramp to 80 relatively easily.
New 400 MW USA facility progressing and cost now figured Under $100M from $250M, not $300
2 Nuclear Partners
Exxon JDA Expansion plans progressing. Current expires in Spring, so likely around Q1 call, or end of Q2 we get update.
Revenue from S. Korea likely begins recognition 2nd half of of 24.
Let that ALL Soak in and have the Derby 2 announcement by New Year's hopefully combined with Groton TIP complete.
That's by far the most info ever along with most Q&A ever from a call. More ++ developments in Q4 and announced expected near tern than any previous 3 years. HUUUGE. SP should rebound with market stability
![Bullish](/static/images/ih2-bull.png)
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