Stem Inc, 5QQ0:FRA profile

Price (EUR)0.3289
Today's Change0.029 / 9.78%
Shares traded800.00
1 Year change-86.66%
Beta--

Data delayed at least 15 minutes, as of Nov 22 2024 14:29 GMT.

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About the company

Stem, Inc. provides clean energy solutions and services designed to maximize the economic, environmental, and resiliency value of energy assets and portfolios. Its artificial intelligence (AI)-driven enterprise software platform, Athena, enables organizations to deploy and unlock value from clean energy assets at scale. It delivers its battery hardware and software-enabled services to its customers through its Athena platform. Its applications, including AlsoEnergy’s PowerTrack, simplify and optimize asset management and connect an ecosystem of owners, developers, assets, and markets. It operates in two key areas within the energy landscape: Behind-the-Meter (BTM) and Front-of-the-Meter (FTM). BTM systems provide power that can be used on-site without interacting with the electric grid and passing through an electric meter. It also offers integrated partner solutions to help improve returns across energy projects, including storage, solar, and electric vehicle (EV) fleet charging.

Revenue in USD (TTM)256.18m
Net income in USD-840.56m
Incorporated2018
Employees624.00

Location
Stem Inc4 Embarcadero Center, Suite 710SAN FRANCISCO 94111United StatesUSA
Phone+1 (415) 937-7836
Fax+1 (302) 636-5454
Websitehttps://www.stem.com/

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Income statement (USD)

Year on year Stem Inc had net income fall 13.19% from a loss of 124.05m to a larger loss of 140.41m despite a 27.15% increase in revenues from 362.98m to 461.52m. An increase in the cost of goods sold as a percentage of sales from 90.88% to 99.21% was a component in the falling net income despite rising revenues.

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