Tecogen was founded in 2000 and is headquartered in Waltham, US

Tecogen has offices in Waltham and Portland

Waltham, US (HQ)

45 1st Ave

Portland, US

2245 NW 111th Ave

Tecogen's revenue was reported to be $6.8 m in Q1, 2017

USD

## Revenue (Q1, 2017) | 6.8 m |

## Gross profit (Q1, 2017) | 2.9 m |

## Gross profit margin (Q1, 2017), % | 43% |

## Net income (Q1, 2017) | 44.8 k |

## EBIT (Q1, 2017) | 77.7 k |

## Market capitalization (20-Jul-2017) | 67.1 m |

## Closing share price (20-Jul-2017) | 3.3 |

## Cash (31-Mar-2017) | 2.1 m |

Tecogen's current market capitalization is $67.1 m.

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

## Revenue | 15.8 m | 19.3 m | 21.4 m | 24.5 m |

## Revenue growth, % | 22% | 11% | 14% | |

## Cost of goods sold | 10.8 m | 12.9 m | 13.8 m | 15.2 m |

## Gross profit | 5 m | 6.4 m | 7.6 m | 9.3 m |

## Gross profit Margin, % | 32% | 33% | 36% | 38% |

## R&D expense | 667.1 k | |||

## General and administrative expense | 8 m | |||

## Operating expense total | 8.7 m | 10.1 m | 10.3 m | 10.3 m |

## EBIT | (3.7 m) | (3.7 m) | (2.6 m) | (997.5 k) |

## EBIT margin, % | (23%) | (19%) | (12%) | (4%) |

## Interest expense | 141.1 k | 177.3 k | 171.9 k | (175.8 k) |

## Pre tax profit | (3.8 m) | (3.9 m) | (3.9 m) | (2.8 m) |

## Net Income | (3.8 m) | (3.9 m) | (2.8 m) | (1.2 m) |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 4.5 m | 4.2 m | 6.1 m | 6.4 m | 4.7 m | 5.1 m | 5.7 m | 6.6 m | 6.8 m |

## Cost of goods sold | 4.2 m | 3 m | 3.4 m | 3.6 m | 3.8 m | 3.9 m | |||

## Gross profit | 2.1 m | 1.7 m | 1.7 m | 2.1 m | 2.8 m | 2.9 m | |||

## Gross profit Margin, % | 34% | 36% | 34% | 37% | 42% | 43% | |||

## R&D expense | 228.3 k | 206.2 k | 219 k | 151.7 k | 154.1 k | 180.6 k | |||

## General and administrative expense | 1.9 m | 1.8 m | 2.2 m | 1.9 m | 1.9 m | 1.9 m | 2 m | 2 m | 2.2 m |

## Operating expense total | 1.9 m | 1.8 m | 2.2 m | 2.1 m | 2.1 m | 2.1 m | 2.2 m | 2.2 m | 2.4 m |

## EBIT | (1.2 m) | (1.5 m) | (632 k) | (302.3 k) | (923.7 k) | (906.9 k) | (386 k) | 249.5 k | 77.7 k |

## EBIT margin, % | (27%) | (35%) | (10%) | (5%) | (20%) | (18%) | (7%) | 4% | 1% |

## Interest expense | (57.4 k) | (30.7 k) | (30.1 k) | (30.4 k) | (68.2 k) | (42.4 k) | (44.1 k) | (45.5 k) | (31.7 k) |

## Interest income | (42.3 k) | (12.9 k) | (21 k) | ||||||

## Pre tax profit | (332 k) | (989.8 k) | (946.4 k) | (427.3 k) | 207.9 k | 44.8 k | |||

## Net Income | 207.9 k | 44.8 k |

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

## Cash | 7.7 m | 1.2 m | 5.5 m | 3.7 m |

## Accounts Receivable | 3.7 m | 4.8 m | 5.3 m | 8.6 m |

## Inventories | 4.8 m | |||

## Current Assets | 15.9 m | 12.3 m | 19.4 m | 20.1 m |

## PP&E | 638 k | 658.4 k | 543.8 k | 517.1 k |

## Goodwill | 40.9 k | 40.9 k | 40.9 k | 40.9 k |

## Total Assets | 17.6 m | 14.1 m | 21.1 m | 23.7 m |

## Accounts Payable | 2.3 m | 2.4 m | 3.3 m | 3.4 m |

## Current Liabilities | 10.4 m | 5.1 m | 5.4 m | 5.6 m |

## Total Liabilities | 9.2 m | |||

## Additional Paid-in Capital | 22.5 m | 25.1 m | 34.5 m | 37.3 m |

## Retained Earnings | (15.2 m) | (19 m) | (21.7 m) | (22.8 m) |

## Total Equity | 12.4 m | 14.5 m | ||

## Financial Leverage | 1.7 x | 1.6 x |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 3.4 m | 2.4 m | 2 m | 1.6 m | 4 m | 4.3 m | 4.1 m | 3.5 m | 2.1 m |

## Accounts Receivable | 4.4 m | 4.5 m | 5.4 m | 4.5 m | 4.3 m | 5.9 m | 6.2 m | 8 m | 9.1 m |

## Inventories | 3.9 m | 4.9 m | 3.8 m | 3.8 m | 4.7 m | 5.3 m | 4.9 m | 5.1 m | 6.1 m |

## Current Assets | 13.2 m | 13 m | 13.3 m | 13.3 m | 16.5 m | 17.5 m | 17.3 m | 19.5 m | 20.6 m |

## PP&E | 653.6 k | 631.2 k | 627.4 k | 572.1 k | 565.2 k | 549.3 k | 560.9 k | 548.4 k | 548.1 k |

## Goodwill | 40.9 k | 40.9 k | 40.9 k | 40.9 k | 40.9 k | 40.9 k | 40.9 k | 40.9 k | 40.9 k |

## Total Assets | 15.1 m | 14.9 m | 15.1 m | 15.1 m | 18.2 m | 19.2 m | 19.1 m | 23.2 m | 24.4 m |

## Accounts Payable | 2.5 m | 3.1 m | 3.1 m | 3.3 m | 2.8 m | 2.4 m | 2.6 m | 3 m | 4 m |

## Current Liabilities | 4.7 m | 6 m | 5.1 m | 5.4 m | 4.5 m | 4.4 m | 4.5 m | 5.2 m | 6.1 m |

## Additional Paid-in Capital | 24.9 m | 24.9 m | 26.5 m | 26.5 m | 31.5 m | 34.5 m | 34.2 m | 37.2 m | 37.5 m |

## Retained Earnings | (17.5 m) | (18.9 m) | (19.6 m) | (19.9 m) | (20.9 m) | (22.6 m) | (23.1 m) | (22.8 m) | (22.8 m) |

## Total Equity | 6.2 m | 10.2 m | 11.5 m | 11.2 m | 14.4 m | 14.7 m | |||

## Financial Leverage | 2.4 x | 1.8 x | 1.7 x | 1.7 x | 1.6 x | 1.7 x |

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

## Net Income | (3.8 m) | (3.9 m) | (2.8 m) | (1.2 m) |

## Depreciation and Amortization | 256.5 k | 278.9 k | 271.7 k | 264 k |

## Accounts Receivable | (1.1 m) | (1.1 m) | (536.4 k) | (3.3 m) |

## Inventories | 62.2 k | (746.4 k) | (1.6 m) | 935.8 k |

## Accounts Payable | 1.2 m | 78.3 k | 895.5 k | 55.7 k |

## Cash From Operating Activities | (3.4 m) | (5.1 m) | (4.7 m) | (2.7 m) |

## Purchases of PP&E | (202.7 k) | (223.6 k) | (69.6 k) | (139.7 k) |

## Cash From Investing Activities | (916.4 k) | (942.8 k) | (185.7 k) | (2.3 m) |

## Cash From Financing Activities | 10.4 m | (458.2 k) | 9.2 m | 3.2 m |

## Interest Paid | 55.6 k | 324.9 k | 121.7 k | 126.3 k |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 207.9 k | 44.8 k | |||||||

## Depreciation and Amortization | 172 k | 250.7 k | 67.2 k | 43.5 k | 42.4 k | ||||

## Accounts Receivable | (695.3 k) | (796.7 k) | (659.6 k) | 4.5 m | 4.3 m | 5.9 m | 6.2 m | 8 m | 9.1 m |

## Accounts Payable | 115 k | 747.8 k | 681.2 k | 3.3 m | 2.8 m | 2.4 m | 2.6 m | 3 m | 4 m |

## Cash From Operating Activities | (2.9 m) | (3.8 m) | (504.5 k) | ||||||

## Purchases of PP&E | (120.8 k) | (148.8 k) | (12.9 k) | ||||||

## Cash From Investing Activities | (818.8 k) | (857.2 k) | (54.6 k) | ||||||

## Cash From Financing Activities | (600.1 k) | (613.5 k) | 1.4 m | ||||||

## Interest Paid | 263.6 k | 294.2 k | 30.1 k |

USD | Y, 2017 |
---|---|

## Revenue/Employee | 88.3 k |

## Financial Leverage | 1.7 x |