Plug Power Inc
Company Overview
Plug Power Inc. is a company focused on the development and commercialization of hydrogen fuel cell systems. The company's primary business involves providing end-to-end clean hydrogen and zero-emission fuel cell solutions for supply chain and logistics applications, on-road electric vehicles, and stationary power markets. They design, develop, and manufacture hydrogen fuel cell systems for both mobile and stationary applications.
The company's main revenue streams come from material handling operations, fuel cell system sales, and hydrogen infrastructure solutions. Their products include GenDrive (hydrogen-powered fuel cell system), GenFuel (hydrogen fueling delivery), GenCare (service program), and GenSure (stationary fuel cell solution).
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $173.73m | $399.05m | - | $9.15m | 0.00% | 2.29% |
| June 30, 2024 | $143.35m | $397.53m | - | $9.51m | 0.00% | 2.39% |
| March 31, 2024 | $120.26m | $405.05m | - | $25.37m | 0.00% | 6.26% |
Company Impact
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