Zeo Energy Stock Price, News & Analysis

Zeo Energy Corp (NASDAQ: ZEO) reported Q1 2025 financial results showing significant revenue decline amid challenging market conditions. Revenue dropped 56.4% to $8.8 million from $20.1 million in Q1 2024, while net loss widened to $13.3 million from $4.1 million. Despite lower sales, gross profit margin improved to 43.0% from 29.9%. The company announced plans to acquire Heliogen, expanding into commercial and industrial clean energy solutions. CEO Tim Bridgewater attributed the slowdown to seasonal factors and high interest rates affecting residential solar sales, but expressed confidence in improvement during the latter half of the year. The company has strengthened its sales team ahead of the peak summer season and expects the Heliogen acquisition to diversify revenue streams and enhance its balance sheet.

Zeo Energy Corp. (Nasdaq: ZEO) has received a notice from Nasdaq on May 22, 2025, regarding its non-compliance with listing requirements due to the late filing of its Q1 2025 Form 10-Q. The company had previously received a similar notice for late filing of its 2024 Form 10-K, which was subsequently filed on May 28, 2025. While the notice doesn't immediately affect ZEO's listing status, the company must submit a compliance plan by June 16, 2025. If accepted, Nasdaq may grant ZEO until October 13, 2025, to regain compliance. The company states it is working to complete the Q1 2025 10-Q filing to maintain SEC reporting compliance.

Zeo Energy Corp (NASDAQ: ZEO) has announced a definitive agreement to acquire Heliogen Inc (OTCQX: HLGN) in an all-stock transaction valued at approximately $10 million. The deal, expected to close in Q3 2025, will combine Zeo's residential solar platform with Heliogen's clean storage solutions. The acquisition price is based on a Zeo stock price of $1.5859 per share, subject to Heliogen's net cash adjustments. Post-acquisition, Zeo plans to create a division focused on long-duration energy generation and storage for commercial and industrial facilities, particularly AI and data centers. The merger aims to create a comprehensive clean energy platform serving residential, commercial, and utility markets. Heliogen stockholders holding approximately 23% of outstanding shares have agreed to vote in favor of the transaction. Zeo's financing arm, which has provided over $44 million in clean energy tax equity financing, will support future Heliogen projects.

Zeo Energy Corp. (Nasdaq: ZEO), a Florida-based residential solar provider, reported its Q4 and full-year 2024 results. The company posted $73.2 million in revenue for 2024, down 33.2% from $109.7 million in 2023, primarily due to challenging market conditions from higher interest rates. Despite headwinds, Zeo achieved $2.0 million in adjusted EBITDA and maintained a gross profit margin of 47%. The company reported a net loss of $9.9 million in 2024, compared to a net income of $4.8 million in 2023. Notable developments include the acquisition of Lumio's assets in November 2024, securing $4.0 million in funding for sales force expansion, and marking their 6th consecutive year of positive adjusted EBITDA. For Q4 2024, revenue was $18.6 million with an adjusted EBITDA of $3.1 million.

Zeo Energy Corp (Nasdaq: ZEO) has received a notice from Nasdaq on April 17, 2025, regarding non-compliance with listing requirements due to the delayed filing of its 2024 Annual Report (Form 10-K). The company failed to submit the report by the March 31, 2025 deadline.

The notice has no immediate impact on ZEO's stock listing or trading. Nasdaq has granted the company until June 16, 2025 to submit a compliance plan. If accepted, Zeo Energy may receive an extension until October 13, 2025 to regain compliance. The company states it is working to complete the delayed filing and maintain future SEC reporting obligations.

Zeo Energy Corp. (ZEO) reported Q3 2024 financial results, showing mixed performance. Revenue reached $19.7 million in Q3, marking a quarter-over-quarter increase of $4.9 million, despite being down 48.1% year-over-year. The company reported a Q3 net loss of $2.9 million compared to net income of $4.0 million in Q3 2023.

For the first nine months of 2024, total revenue was $54.6 million, down 37% from $86.7 million in 2023, with a net loss of $8.7 million compared to net income of $6.4 million in the prior year. The company completed the acquisition of Lumio Holdings' assets, expanding its presence into California. The decrease in performance was primarily attributed to challenging market conditions due to higher interest rates affecting residential solar direct sales.

Zeo Energy Corp (Nasdaq: ZEO) has completed the acquisition of substantially all assets of Lumio Holdings, a residential solar company that filed for Chapter 11 bankruptcy on September 3, 2024. The Sale Transaction, approved by the Court on November 1, 2024, is expected to enhance Zeo Energy's market presence and scale in the solar industry.

CEO Tim Bridgewater expressed confidence that this strategic move will help the company achieve above-industry growth rates in 2025 and beyond. Zeo Energy plans to complete existing Lumio solar installations and integrate Lumio's sales representatives into their platform.

Zeo Energy Corp. (Nasdaq: ZEO), a Florida-based leader in residential solar and energy efficiency solutions, is set to present at the 2024 Annual Gateway Conference in San Francisco. The presentation is scheduled for September 5th at 10:30 a.m. PT and will be webcast live with replay available.

Key points:

• Event: 2024 Gateway Conference at Four Seasons Hotel, San Francisco
• Date: September 4-5, 2024
• Zeo's presentation: September 5th, 10:30 a.m. PT
• Live webcast and replay available
• One-on-one meetings with executives possible

For more information or to schedule meetings, interested parties can email conference@gateway-grp.com.

Zeo Energy Corp. (Nasdaq: ZEO) reported its Q2 2024 financial results, revealing a decline in revenue for residential solar to $14.7 million, a 51% decrease from Q2 2023. Despite challenges, the company achieved positive adjusted EBITDA of $0.7 million for Q2 2024. Zeo's expansion into Ohio and Illinois markets showed promising initial results. The company appointed Cannon Holbrook as CFO and emphasized profitability amid industry pressures. For the first six months of 2024, total revenue decreased by 29% to $34.6 million, with a net loss of $3.2 million compared to a net income of $2.4 million in the same period of 2023. Zeo attributes the decline to higher interest rates impacting residential solar direct sales but remains optimistic about future growth and potential M&A opportunities as the market recovers.