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home / news releases / evgo not a go yet still bleeding too much

EVGOW - EVgo: Not A Go Yet Still Bleeding Too Much

EVgo Inc. Warrants each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50
  • EVgo reported mixed results for Q4'21 with the primary headline of the 2022 guidance being revenues only reaching $50 million.
  • The company forecasts another year of EBITDA losses exceeding revenues.
  • The stock is far too expensive with a market cap of $3 billion and no reasonable path to profits warranting such a valuation.

For further details see:

EVgo: Not A Go Yet, Still Bleeding Too Much
Stock Information
Company Name: EVgo Inc. Warrants each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50
Stock Symbol: EVGOW
Market: NASDAQ
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