Investor Presentaiton
Summary Financial Forecast
($ in millions)
2020E 2021E
2022E 2023E
2024E
2025E 2026E 2027E
Total EVgo GWh Throughput
15
24
69
245
578
1,117
1,731
2,478
LCFS Market GWh Throughput (1)
11
15
38
122
289
551
869
1,278
Revenue (2)
Growth (%)
$14
$20
$54
$166
$326
$596
$905
$1,289
49%
164%
207%
97%
83%
52%
42%
Adj. EBITDA (2)
($29)
($58)
($43)
$5
$60
$193
$331
$507
Adj. EBITDA Margin (%)
NM
NM
NM
3%
19%
32%
37%
39%
Contractual OEM Payments
Net Growth CapEx
Free Cash Flow
I
20
24
31
9
5
(12)
(70)
(82)
(126)
(151)
(160)
(230)
(255)
($36)
($112)
($126)
($129)
($107)
($4)
$48
$185
EVgo
27
Note: Engineering & Construction salaries and third-party tech costs are fully expensed; GAAP generally capitalizes a portion of these costs and would otherwise result in an increase to earnings.
Represents throughput in California.
1)
2)
Certain contractual OEM payments to be received from 2021-2025 have been excluded from Revenue and Adjusted EBITDA in these projections pending determination of appropriate accounting
treatment of those payments. To the extent that these payments are excluded from revenue for accounting purposes in those years, those revenues will be deferred and recognized in full I future
years. Adj. EBITDA shown excludes D&A included in cost of sales.View entire presentation