Financial Snapshot

Revenue
$250.0K
TTM
Gross Margin
89.53%
TTM
Net Earnings
$46.16M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
2095.76%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$2.246B
Q3 2024
Cash
Q3 2024
P/E
51.34
Nov 29, 2024 EST
Free Cash Flow
-$67.18M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020
Revenue $175.0K $0.00 $0.00 $0.00
YoY Change

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020
Revenue $175.0K $0.00 $0.00 $0.00
Cost Of Revenue $3.000K $280.0K $830.0K $40.00K
Gross Profit $172.0K $310.0K $1.270M $10.00K
Gross Profit Margin 98.29%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020
Selling, General & Admin $56.87M $5.916M $697.1K $16.01M
YoY Change 861.2% 748.63% -95.65%
% of Gross Profit 33061.05% 1908.39% 54.89% 160100.0%
Research & Development $41.07M $18.95M $10.11M $7.390M
YoY Change 116.73% 87.44% 36.81%
% of Gross Profit 23877.91% 6112.9% 796.06% 73900.0%
Depreciation & Amortization $50.59M $13.17M $12.74M $13.00M
YoY Change 284.13% 3.38% -2.0%
% of Gross Profit 29412.79% 4248.39% 1003.15% 130000.0%
Operating Expenses $227.8M $5.916M $697.1K $36.40M
YoY Change 3751.1% 748.63% -98.08%
Operating Profit -$227.7M -$5.916M $572.9K -$36.39M
YoY Change 3748.2% -1132.7% -101.57%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020
Interest Expense $19.48M $10.14M -$6.724M $0.00
YoY Change 92.01% -250.85%
% of Operating Profit -1173.81%
Other Income/Expense, Net $26.48M $25.00K -$2.175M -$10.00K
YoY Change 105836.0% -101.15% 21650.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020
Pretax Income -$181.7M $4.228M -$10.19M -$36.40M
YoY Change -4397.79% -141.49% -72.01%
Income Tax -$6.000M $0.00
% Of Pretax Income 0.0%
Net Earnings -$175.7M $4.065M -$9.797M -$36.40M
YoY Change -4422.11% -141.49% -73.08%
Net Earnings / Revenue -100399.43%
Basic Earnings Per Share -$14.79
Diluted Earnings Per Share -$0.82 $0.09 -$227.2K -$0.17

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020
Cash & Short-Term Investments $636.9M $1.628M $2.570M $12.80M
YoY Change 39026.16% -36.67% -79.92%
Cash & Equivalents
Short-Term Investments $100.0M
Other Short-Term Assets $1.870M $272.6K $746.7K $800.0K
YoY Change 586.11% -63.5% -6.66%
Inventory
Prepaid Expenses
Receivables $58.00K $400.0K $100.0K $0.00
Other Receivables $1.942M $0.00 $0.00 $0.00
Total Short-Term Assets $640.8M $1.908M $3.325M $13.60M
YoY Change 33478.06% -42.61% -75.55%
Property, Plant & Equipment $99.07M $70.40M $80.40M $93.10M
YoY Change 40.72% -12.44% -13.64%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $349.9M $345.0M
YoY Change 1.42%
Total Long-Term Assets $1.830B $349.9M $345.0M $93.50M
YoY Change 423.01% 1.42% 269.03%
Total Assets $2.471B $351.9M $348.4M $107.1M
YoY Change
Accounts Payable $617.0K $31.78K $143.4K $600.0K
YoY Change 1841.47% -77.84% -76.1%
Accrued Expenses $11.26M $4.987M $375.9K $400.0K
YoY Change 125.83% 1226.57% -6.02%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $12.02M $5.019M $519.3K $8.500M
YoY Change 139.53% 866.38% -93.89%
Long-Term Debt $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $61.46M $36.55M $41.80M $0.00
YoY Change 68.13% -12.55%
Total Long-Term Liabilities $61.46M $36.55M $41.80M $0.00
YoY Change 68.13% -12.55%
Total Liabilities $1.686B $41.34M $41.93M $8.500M
YoY Change 3978.05% -1.39% 393.27%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020
Basic Shares Outstanding 3.703M shares
Diluted Shares Outstanding 3.703M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $2.3696 Billion

About NET Power Inc.

NET Power, Inc. is a clean energy technology company developing its proprietary NET Power Cycle, which transforms natural gas into low-cost, clean and reliable power. The company is headquartered in Durham, North Carolina and currently employs 43 full-time employees. The company went IPO on 2021-06-16. The company is engaged in developing its proprietary NET Power Cycle, which transforms natural gas into low-cost, clean, and reliable power. The NET Power Cycle is designed to inherently capture carbon dioxide (CO2) while producing virtually no air pollutants such as sulfur oxides (SOX), nitrogen oxide (NOX) and other particulates. The NET Power Cycle is designed to achieve clean, reliable, and low-cost electricity generation through its highly recuperative oxy-combustion process. This process involves the combination of two technologies: oxy-combustion and supercritical CO2 power cycle. Its customers include electric utilities, oil and gas companies, midstream oil and gas companies, technology companies, and industrial facilities, both in domestic and international markets. The company deploys its utility-scale plants across the world by partnering with power producers, energy producers, technology providers, local communities and other stakeholders.

Industry: Electrical Industrial Apparatus Peers: Babcock & Wilcox Enterprises, Inc. BROADWIND, INC. Bloom Energy Corp Energy Vault Holdings, Inc. POWER SOLUTIONS INTERNATIONAL, INC. NUSCALE POWER Corp PIONEER POWER SOLUTIONS, INC. TPI COMPOSITES, INC