Utilities -
Renewable Utilities - OTC - US
$ 1.98
-2.23 %
$ 12.1 M
Market Cap
-0.04
P/E
1. INTRINSIC VALUE
Balance Sheet
Heliogen, Inc.
| Current Assets | 39.1 M |
| Cash & Short-Term Investments | 36.9 M |
| Receivables | 764 K |
| Other Current Assets | 1.36 M |
| Non-Current Assets | 5.21 M |
| Long-Term Investments | 0 |
| PP&E | 3.15 M |
| Other Non-Current Assets | 2.07 M |
| Current Liabilities | 12.6 M |
| Accounts Payable | 1.45 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 11.2 M |
| Non-Current Liabilities | 2.66 M |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 2.66 M |
EFFICIENCY
Earnings Waterfall
Heliogen, Inc.
| Revenue | 19.8 M |
| Cost Of Revenue | -66.1 M |
| Gross Profit | 85.9 M |
| Operating Expenses | 52.4 M |
| Operating Income | 29.6 M |
| Other Expenses | -2.92 M |
| Net Income | 32.5 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Heliogen, Inc.
| Net Income | 32.5 M |
| Depreciation & Amortization | 965 K |
| Capital Expenditures | -264 K |
| Stock-Based Compensation | 2.63 M |
| Change in Working Capital | -84.1 M |
| Others | -75.2 M |
| Free Cash Flow | -39.1 M |
Wall Street Analysts Price Targets
Heliogen, Inc.
HLGN has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
HLGN does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Heliogen, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
23.7 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Heliogen, Inc. Announces Fourth Quarter and Full Year 2024 Financial and Operational Results
PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (“Heliogen”) (OTCQX: HLGN), a renewable energy technology company utilizing concentrated sunlight and thermal energy storage to deliver dispatchable, cost-effective, low-carbon energy, today provided its fourth quarter and full year 2024 financial and operational results. Financial and Operational Highlights Continued to prioritize the deployment of our commercially-proven power solutions by taking actions to conserve cash and re-allocate resour.
businesswire.com
- 1 month ago
Heliogen Concludes Capella Demonstration, Advancing Next-Generation Concentrated Solar Technology
PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen Inc. (OTCQX: HLGN) (the “Company”), a leading provider of concentrating solar energy technology, today announced the conclusion of Capella, a first-of-a-kind demonstration project. Jointly funded by Woodside Energy (USA) Inc., a wholly-owned subsidiary of global energy company Woodside Energy Group Ltd (NYSE: WDS; ASX: WDS) (“Woodside”), and the US Department of Energy, the project marked a significant milestone in the journey toward realizing lower-c.
businesswire.com
- 3 months ago
Heliogen, Inc. Announces Third Quarter 2024 Financial and Operational Results
PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (“Heliogen”) (OTCQX: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today provided its third quarter 2024 financial and operational results. Financial and Operational Highlights Liquidity of $44.6 million as of September 30, 2024 Total operating expenses for Q3 2024 decreased by 32% sequentially, compared to Q2 2024 Texas Steam Plant, Heliogen's first commercial-scale installation, continues to progress toward mec.
businesswire.com
- 6 months ago
Heliogen Appoints Apurba Das as Chief Technology Officer
PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (OTCQX: HLGN) (the “Company”), a leading provider of concentrating solar energy technology, today announced the appointment of Apurba Das, as Chief Technology Officer (CTO). Das has been with Heliogen since 2021, and has been instrumental in advancing technology and innovation initiatives as Vice President of Engineering for Process and Power Systems. Now as CTO, Das has oversight for the plant design and engineering of Heliogen's concentrating.
businesswire.com
- 7 months ago
Heliogen, Inc. Announces Second Quarter 2024 Financial and Operational Results
PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (“Heliogen”) (OTCQX: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today provided its second quarter 2024 financial and operational results. Financial and Operational Highlights No significant changes to contracts or backlog vs. prior quarter; outstanding proposals with 4 customers for early design stage projects representing 0.9 gigawatts First commercial-scale installation of Heliogen steam plant in west Texas.
businesswire.com
- 9 months ago
Heliogen Extends Limited Duration Stockholders Rights Plan
PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (“Heliogen” or the “Company”) (OTCQX: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today announced that its Board of Directors (the “Board”) adopted an amendment to its existing limited duration stockholder rights plan (as amended, the “Rights Plan”) to extend the duration of the Rights Plan and reduce the exercise price of the rights. Julie Kane, Chair of the Board, stated “Heliogen continues to experience a si.
businesswire.com
- 1 year ago
Heliogen, Inc. (HLGN) Q4 2023 Earnings Call Transcript
Heliogen, Inc. (HLGN) Q4 2023 Earnings Call Transcript
seekingalpha.com
- 1 year ago
Heliogen, Inc. Announces Fourth Quarter and Full Year 2023 Financial and Operational Results; Appoints New CFO
PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (“Heliogen”) (OTCQX: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today provided its fourth quarter and full year 2023 financial and operational results and announced the appointment of its new Chief Financial Officer. Financial and Operational Highlights 2.0 gigawatts (“GW”) in opportunity pipeline, an increase of nearly 1.2 GW since August 2023 Demonstrated third-party validation of the effectiveness of Heliog.
businesswire.com
- 1 year ago
Heliogen, Inc. Schedules Release of Fourth Quarter and Full Year 2023 Financial Results and Conference Call
PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (“Heliogen”) (OTCQX: HLGN), a leading provider of AI-enabled concentrating solar energy, today announced that it will release financial and operating results for the fourth quarter and full year 2023 after the market close on Monday, March 25, 2024. This release will be followed by a conference call for investors at 10:00 AM EDT on Tuesday, March 26. Christie Obiaya, Heliogen's Chief Executive Officer will host the call. The conference call may.
businesswire.com
- 1 year ago
Heliogen Announces CFO Transition
PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (“Heliogen” or the “Company”) (OTCQX: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today announced that the Company and its Chief Financial Officer, Sagar Kurada have mutually agreed for Mr. Kurada to transition out of his role, effective January 11, 2024. Mr. Kurada will support the Company during a transition period to ensure an orderly exit. The Company has initiated a formal search process for Mr. Kurada's p.
businesswire.com
- 1 year ago
Heliogen's CEO to Lead Public Presentation in Sidoti's Virtual Investor Conference
PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (“Heliogen”) (OTCQX: HLGN), a leading provider of AI-enabled concentrating solar energy, today announced its participation in the Sidoti Micro-Cap Virtual Investor Conference. The event will take place from Jan. 17 to 18, 2024, uniting thought leaders, innovators, and investors from across the globe in a dynamic virtual environment. As part of Heliogen's ongoing dedication to fostering strong relationships with the investment community and under.
businesswire.com
- 1 year ago
Heliogen Unveils Significant Achievement in Concentrating Solar Technology with Successful Demonstration of Advanced Control Software at Sandia Labs
PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (“Heliogen”) (OTCQX: HLGN), a leading provider of AI-enabled concentrating solar energy technology, has demonstrated the effectiveness of its proprietary control system at Sandia National Laboratories' National Solar Thermal Test Facility (NSTTF). The project, funded by the Department of Energy's (DOE) Technology Commercialization Fund, marks a leap forward in concentrating solar energy and provides third-party validation data essential to Helio.
businesswire.com
- 1 year ago
8. Profile
Summary
Heliogen, Inc. HLGN
COUNTRY
US
INDUSTRY
Renewable Utilities
MARKET CAP
$ 12.1 M
Dividend Yield
0.00%
Description
Heliogen, Inc., a renewable energy technology company, develops an A.I.-enabled, concentrated solar power plant. It offers HelioHeat for the production of heat for use in industrial processes; HelioPower, a solution for power generation; and HelioFuel, a solution for hydrogen fuel production. The company was formerly known as Edison Microgrids, Inc. and changed its name to Heliogen, Inc. in November 2019. The company was incorporated in 2013 and is headquartered in Pasadena, California.
Contact
130 West Union Street, Pasadena, CA, 91103
https://www.heliogen.com
IPO
Date
May 7, 2021
Employees
57
Officers
Ms. Debbie Chen J.D.
General Counsel & Corporate Secretary
Mr. Steven Schell
Chief Scientist
Mr. Robert Phelps Morris C.F.A.
Chief Financial Officer
Ms. Christiana Obiaya
Chief Executive Officer & Director
Mr. Apurba Das
Chief Technology Officer
Mr. Todd Chapman
Senior Vice President of Operations
Ms. Wilda Siu
Chief Accounting Officer and Head of Business Systems & Information Technology
Ms. Tanya Peterson
Senior Vice President of People Operations