Plug Power was founded in 1997 and is headquartered in Latham, US

Plug Power has offices in Latham and Spokane Valley

Latham, US (HQ)

968 Albany Shaker Rd

Spokane Valley, US

15913 E Euclid Ave

Plug Power's revenue was reported to be $85.9 m in 2016

## Revenue (Y, 2016) | $85.9 m |

## Revenue growth (Y, 2015 - Y, 2016), % | (17%) |

## Gross profit (Y, 2016) | $3.9 m |

## Gross profit margin (Y, 2016), % | 5% |

## Net income (Y, 2016) | ($57.6 m) |

## EBIT (Y, 2016) | ($51.5 m) |

## Market capitalization (19-May-2017) | $424.6 m |

## Closing share price (19-May-2017) | $1.9 |

## Cash (31-Dec-2016) | $46 m |

## EV | $402.3 m |

Plug Power's current market capitalization is $424.6 m.

FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | Y, 2016^{} | |
---|---|---|---|---|

## Revenue | $26.6 m | $64.2 m | $103.3 m | $85.9 m |

## Revenue growth, % | 141% | 61% | (17%) | |

## Cost of goods sold | $113.2 m | $82 m | ||

## Gross profit | $11.7 m | $33.7 m | ($9.9 m) | $3.9 m |

## Gross profit Margin, % | 44% | 52% | (10%) | 5% |

## Operating expense total | $49.1 m | $55.5 m | ||

## EBIT | ($29 m) | ($37.9 m) | ($59 m) | ($51.5 m) |

## EBIT margin, % | (109%) | (59%) | (57%) | (60%) |

## Pre tax profit | ($63.1 m) | ($88.8 m) | ($55.7 m) | ($57.9 m) |

## Income tax expense | $410.3 k | $324.7 k | $325 k | $392 k |

## Net Income | ($62.8 m) | ($88.5 m) | ($55.7 m) | ($57.6 m) |

FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | |
---|---|---|---|---|

## Cash | $5 m | $146.2 m | $64 m | $46 m |

## Accounts Receivable | $6.4 m | $16.1 m | $22.7 m | $11.9 m |

## Inventories | $1.9 m | $5.7 m | $7.9 m | $11.8 m |

## Current Assets | $23.7 m | $192.7 m | $131.2 m | $110.9 m |

## PP&E | $5.3 m | $5.3 m | ||

## Goodwill | $8.5 m | $8.3 m | ||

## Total Assets | $35.4 m | $205.9 m | $209.5 m | $240.8 m |

## Accounts Payable | $3.1 m | $10.2 m | $20.5 m | $32.1 m |

## Total Debt | $23.8 m | |||

## Current Liabilities | $12.6 m | $25.7 m | $42.7 m | $66.5 m |

## Additional Paid-in Capital | $831.2 m | $1.1 b | $1.1 b | $1.1 b |

## Retained Earnings | ($849.4 m) | ($938.1 m) | ($993.9 m) | ($1.1 b) |

## Total Equity | $158.3 m | $124.7 m | $85.1 m | |

## Debt to Equity Ratio | 0.3 x | |||

## Debt to Assets Ratio | 0.1 x | |||

## Financial Leverage | 1.3 x | 1.7 x | 2.8 x |

FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | |
---|---|---|---|---|

## Net Income | ($62.8 m) | ($88.6 m) | ($55.8 m) | ($57.6 m) |

## Depreciation and Amortization | $2.3 m | $2.4 m | ||

## Accounts Receivable | ($2.4 m) | ($9.3 m) | ($5.6 m) | $10.7 m |

## Inventories | $137.6 k | ($9.2 m) | ($7.3 m) | $2.8 m |

## Accounts Payable | ||||

## Cash From Operating Activities | ($26.9 m) | ($40.8 m) | ($47.3 m) | ($29.6 m) |

## Cash From Investing Activities | $3.2 m | ($965.3 k) | ($2 m) | ($58.1 m) |

## Long-term Borrowings | ($25 m) | |||

## Cash From Financing Activities | $19.4 m | $182.9 m | ($32.9 m) | $69.9 m |

## Interest Paid | $553 k | $8.3 m |

Y, 2016 | |
---|---|

## EV/EBIT | -7.8 x |

## EV/CFO | -13.6 x |

## Debt/Equity | 0.3 x |

## Debt/Assets | 0.1 x |

## Financial Leverage | 2.8 x |