Q4 2021 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$162M+152.4% YoY

Gross Profit

-$31M-19.4% margin

Operating Income

-$201M-124.0% margin

Net Income

-$193M-119.2% margin

EPS (Diluted)

$-0.33

QoQ Revenue Growth

+12.5%

Cash Flow

Operating Cash Flow

-$10M

Free Cash Flow

-$94M

Stock-Based Comp.

$42M

Balance Sheet

Total Assets

$6.0B

Total Liabilities

$1.3B

Stockholders' Equity

$4.6B

Cash & Equivalents

$2.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$162M	-$309M	+152.4%
Gross Profit	-$31M	-$469M	+93.3%
Operating Income	-$201M	-$504M	+60.2%
Net Income	-$193M	-$511M	+62.2%

Revenue Segments

Sale Of Oil And Gas Equipment

$92M42%

Sale Of Fuel Cell Systems And Other Infrastructure

$73M33%

Sale Of Electrolyzers

$17M8%

Fuel Delivered To Customers

$13M6%

Power Purchase Agreements

$10M4%

Services Performed On Fuel Cell Systems And Related Infrastructure

$8M4%

Sale of cryogenic equipment

$8M4%

Other Product And Services

$110,0000%