Replies to post #49581 on Plug Power Inc (PLUG)

[uksausage]

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)

[mikman77]

ANDY told cramer on his last visit on madcroney that 2023 plug would be profitable...that said I don't really beleive it...my ptsd worsens when Andy talks... ive been a holder since 2015 and added since 2017...Andy has to have it right someday..lets hope soon!