Tecogen

Tecogen, Inc. engages in the design, manufacture, marketing, and maintenance of cogeneration and combined heat and power products. It operates through the Products and Services, and Energy Production segments. The Products and Services segment designs, manufactures, and retails industrial and commercial cogeneration systems. The Energy Production segment sells energy in the form of electricity, heat, hot water, and cooling to customers under long-term sales agreements. The company was founded by George N. Hatsopoulos and John N. Hatsopoulos in 1987 and is headquartered in Waltham, MA.

Earnings data Q4 2019

Earnings data Q1 2020

Earnings data Q2 2020

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Tecogen, Inc. engages in the production of commercial and industrial, natural-gas-fueled engine-driven, and combined heat and power (CHP) products. It operates through the Products, Services, and Energy Production segments. The Products segment designs, manufactures, and retails industrial and commercial cogeneration systems. The Services segment installs and maintains the cogeneration systems. The Energy Production segment sells energy in the form of electricity, heat, hot water, and cooling to customers under long-term sales agreements. The company was founded by George N. Hatsopoulos and John N. Hatsopoulos in 1987 and is headquartered in Waltham, MA.

WALTHAM, MA, Oct. 13, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Tecogen Inc.  (OTCQX: TGEN), a clean energy company providing ultra-efficient and clean on-site power, heating, and cooling equipment, is pleased to announce a follow-on order of two additional Tecochill systems for a large municipality in Connecticut consisting of one 200 ton Tecochill system for an elementary school and one 50 ton Tecochill system for a separate elementary school.  In both cases the systems are part of a district-wide upgrade to provide air conditioning to schools that previously did not have central cooling. The two Tecochill units are in addition to three 400 ton Tecochill chiller systems  ordered by the district in July .  The order brings a total of 7 Tecochill units with a combined capacity of 1850 tons of Tecochill cooling for the municipality, which has been a Tecogen customer for over 20 years.

Tecogen Receives Follow-on Order from Connecticut Municipality

WALTHAM, MA, Sept. 27, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Tecogen Inc.  (OTCQX: TGEN), a clean energy company providing ultra-efficient and clean on-site power, heating, and cooling equipment, is pleased to announce an order for two 125 kilowatt InVerde microgrid enabled cogeneration systems to a high school in Connecticut.  The units will provide a significant reduction in the electricity costs for the school, with the free waste heat used to reduce the operational cost of the school's existing heating system.  The systems are anticipated to be serviced from Tecogen's Connecticut service center in East Hartford, Connecticut.

Tecogen Receives 250 kW Microgrid System Order for Connecticut High School

WALTHAM, MA, Sept. 07, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Tecogen Inc.  (OTCQX: TGEN), a clean energy company providing ultra-efficient and clean on-site power, heating, and cooling equipment, is pleased to announce an order for five Tecopower cogeneration units from a subsidiary of a multi-billion dollar Energy Services Company (ESCO).  The units are expected to be installed within the proximity of Tecogen's factory service centers, which are expected to provide long-term service of the units.

Tecogen Receives Multiple Unit Order from a Multinational Energy Company

Waltham, MA, Aug. 24, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire  -- Tecogen Inc. (OTCQX: TGEN), a clean energy company providing ultra-efficient and clean on-site power, heating and cooling equipment, is pleased to confirm that the increased and expanded tax credits available under the Inflation Reduction Act of 2022 apply to systems incorporating certain low emission technologies, including Tecogen's combined heat and power (CHP) equipment.

Tecogen CHP Equipment Enables Tax Credits Under Inflation Reduction Act

Tecogen Inc. (OTC:TGEN) Q2 2022 Earnings Conference Call August 11, 2022 11:00 AM ET Company Participants Benjamin Locke - Chief Executive Officer Abinand Rangesh - Chief Financial Officer Jack Whiting - General Counsel and Secretary Conference Call Participants Sameer Joshi - H.C. Wainwright & Co, LLC Alex Blanton - Clear Harbor Asset Management Graham Mattison - Water Tower Research Michael Zuk - Operator Greetings, and welcome to the Tecogen Second Quarter 2022 Results Conference Call.

Tecogen Inc. (TGEN) CEO Benjamin Locke on Q2 2022 Results - Earnings Call Transcript

Tecogen Inc. (TGEN) delivered earnings and revenue surprises of -400% and 11.15%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Tecogen Inc. (TGEN) Reports Q2 Loss, Lags Revenue Estimates

Q2 2022 revenue of $6.4 million, an increase of 4.4% QoQ and

Tecogen Announces Second Quarter 2022 Results

WALTHAM, MA, Aug. 09, 2022 (GLOBE NEWSWIRE) -- via  NewMediaWire --   Tecogen Inc.  (OTCQX: TGEN), a clean energy company providing ultra-efficient and clean on-site power, heating, and cooling equipment, is pleased to announce an order for 2 InVerde e+ cogeneration systems for a multi-unit residential complex in New York City.  The complex consists of 2 towers which will each have an InVerde unit to provide heat and power as well as resiliency to grid outages.  The order includes engineered components, system controls, Tecogen's  CHPInsight  remote monitoring system, and a service contract which will be based out of Tecogen's Brooklyn service center.  The order is the third project with the same property developer using Tecogen equipment.

Tecogen Receives Order for Two InVerde Systems and Components

WALTHAM, MA, Aug. 04, 2022 (GLOBE NEWSWIRE) -- via  NewMediaWire --   Tecogen Inc.  (OTCQX: TGEN), a clean energy company providing ultra-efficient and clean on-site power, heating, and cooling equipment, is pleased to announce an additional order from a developer of several residential buildings in New York City.  The order for an InVerde cogeneration system for a building being developed in Queens follows three previous orders from the same developer for cogeneration systems for buildings in Brooklyn and the Bronx.  A long-term maintenance contract for all of the systems is expected to be signed when construction is complete.

Tecogen Receives Repeat Order from New York Developer

WALTHAM, MA, July 20, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Tecogen Inc. (OTCQX: TGEN), a clean energy company providing ultra-efficient and clean on-site power, heating and cooling equipment, is establishing a new business unit of the company focused on Controlled Environment Agriculture (“CEA”).

Tecogen to Establish New Business Unit Focused on Indoor Agriculture

WALTHAM, MA, July 19, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire  –Tecogen Inc. (OTCQX: TGEN) will release Q2 2022 financial results on Thursday, August 11, 2022. The earnings press release and supplemental earnings call slides will be available on the Company's website at www.Tecogen.com in the "Investor Relations" section under "Financial Results." Members of Tecogen's senior management will hold a conference call and webcast on the same day at 11:00 AM Eastern Time to discuss the Company's financial performance for Q2 2022.

Tecogen Schedules Earnings Release and Conference Call for Q2 2022 Results

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Tecogen (TGEN) a Great Value Stock Right Now?

WALTHAM, MA, July 12, 2022 (GLOBE NEWSWIRE) -- via  NewMediaWire --   Tecogen Inc.  (OTCQX: TGEN), a clean energy company providing ultra-efficient and clean on-site power, heating, and cooling equipment, is pleased to announce the sale of a 400-ton Tecochill chiller to an indoor cultivation facility being built in Arizona. The chiller will provide cooling for the facility using inexpensive natural gas, with the free waste heat utilized for dehumidification. A maintenance contract is expected to be executed once the units are installed later this year and will be serviced out of Tecogen's West Coast factory service center.

Tecogen Receives Tecochill Order for Arizona Cultivation Facility

WALTHAM, MA, July 07, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire –  Tecogen Inc. (OTCQX: TGEN), a clean energy company providing ultra-efficient and clean on-site power, heating, and cooling equipment, is pleased to announce an order for three 400 ton Tecochill chiller systems by a municipality in Connecticut.  The chillers will provide seasonal cooling at a high school in southwestern Connecticut with the free hot water used for dehumidification.  The 1,200 tons of Tecochill chillers replace a different manufacturer's aging and inefficient absorption chiller system and will reduce carbon emissions by more than 1,100 tons per year compared to the existing cooling plant.

Tecogen Receives Order for Three Tecochill Chillers for Connecticut High School

Tecogen Inc. (OTC:TGEN) Q1 2022 Earnings Conference Call May 12, 2022 11:00 AM ET Company Participants Benjamin Locke - Chief Executive Officer Abinand Rangesh - Chief Financial Officer Robert Panora - President and COO Jack Whiting - General Counsel and Secretary Conference Call Participants Sameer Joshi - H.C. Wainwright & Co, LLC Alexander Blanton - Clear Harbor Asset Management Michael Zuk - Oppenheimer & Co. Inc. Operator Greetings and welcome to the Tecogen First Quarter 2022 Earnings Call.

Tecogen Inc. (TGEN) CEO Benjamin Locke on Q1 2022 Results - Earnings Call Transcript

Tecogen Inc. (TGEN) delivered earnings and revenue surprises of 100% and 9.72%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Tecogen Inc. (TGEN) Reports Break-Even Earnings for Q1

Revenues of $ 7.4 million, Positive Income from Operations and Net Income

Tecogen Announces First Quarter 2022 Results

WALTHAM, MA, May 06, 2022 (GLOBE NEWSWIRE) -- via  NewMediaWire  --  Tecogen Inc. (OTCQX: TGEN) will release Q1 2022 financial results on Thursday, May 12, 2022. The earnings press release and supplemental earnings call slides will be available on the Company's website at  www.Tecogen.com  in the "Investor Relations" section under "Financial Results." Members of Tecogen's senior management will hold a conference call and webcast on the same day at 11:00 AM Eastern Time to discuss the Company's financial performance for Q1 2022.

Tecogen Schedules Earnings Release and Conference Call for Q1 2022 Results

AAON

Comfort Systems USA

Watsco

Despite the pandemic-induced challenges, an improved residential & non-residential market and technological development bode well for WSO, FIX, AAON, and TGEN.

4 Top Air Conditioner & Heating Stocks to Buy in a Prospering Industry

Tecogen Inc. (TGEN) CEO Benjamin Locke on Q4 2021 Results - Earnings Call Transcript

Net Income of $3.7 million for FY 2021 and $63.0 thousand for Q4 2021                      Earnings of $0.15 per share for FY 2021

Tecogen Announces 2021 Results

WALTHAM, MA, Feb. 15, 2022 (GLOBE NEWSWIRE) -- via  NewMediaWire -- Tecogen Inc. (OTCQX: TGEN) will release year-end 2021 financial results on Thursday, March 10, 2022. The earnings press release and supplemental earnings call slides will be available on the Company's website at www.Tecogen.com in the "Investor Relations" section under "Financial Results." Members of Tecogen's senior management will hold a conference call and webcast on the same day at 11:00 AM Eastern Time to discuss the Company's financial performance for 2021.

Tecogen Schedules Earnings Release and Conference Call for Year-End 2021 Results

WALTHAM, MA, Jan. 13, 2022 (GLOBE NEWSWIRE) -- via  NewMediaWire   –  Tecogen Inc.  (OTCQX: TGEN), a clean energy company providing ultra-efficient and clean on-site power, heating, and cooling equipment, is pleased to announce an order for 8 InVerde e+® units to be incorporated into a hotel in New York City. The 8 InVerde units, collectively rated to one megawatt, will supplement the existing power supply of the hotel and provide additional resiliency.  The system will utilize Tecogen's proprietary microgrid feature that simplifies synchronizing and load control, allowing the eight units to operate in unison. The units are expected to be serviced from Tecogen's Brooklyn service facility, which already services three 400-ton Tecochill systems at the hotel.

Tecogen Receives 1 Megawatt Microgrid System Order for New York City Hotel

Tecogen, Inc. (TGEN) CEO Benjamin Locke on Q3 2021 Results - Earnings Call Transcript

Net Income of $3.6 million YTD 2021 and $1.5 million for Q3 2021 Diluted earnings per share of $0.14/share YTD 2021 and $0.06/share for Q3 2021

News for Tecogen Stock (TGEN)