<span item_type="fundamental" item_id="e0fce5a8b338b74b96eb01b00eea52b5" counter_id="ST/US/ZEOWW" env="prod"></span><span item_type="announcement" item_id="520702125146644225" env="prod"></span><p>Revenue: As of FY2024, the actual value is USD 73.24 M.</p><p>EPS: As of FY2024, the actual value is USD -0.48.</p><p>EBIT: As of FY2024, the actual value is USD -10.86 M.</p><p></p><h3>Segment Revenue</h3><ul><li>Total revenue for the year 2024 was $73.2 million, a 33.2% decrease from $109.7 million in 2023, primarily due to higher interest rates affecting residential solar sales.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865506/000121390025047567/ea024341801ex99-1_zeo.htm"></span></li><li>Fourth quarter revenue in 2024 was $18.6 million, an 18.9% decrease from $23.0 million in the comparable 2023 period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865506/000121390025047567/ea024341801ex99-1_zeo.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>Gross profit for 2024 was $34.4 million, representing 47.0% of total revenue, compared to $49.8 million (45.4% of total revenue) in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865506/000121390025047567/ea024341801ex99-1_zeo.htm"></span></li><li>Net loss for 2024 was - $9.9 million compared to net income of $4.8 million in 2023, primarily due to stock compensation, increased headcount, and costs from becoming a public company.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865506/000121390025047567/ea024341801ex99-1_zeo.htm"></span></li><li>Adjusted EBITDA for 2024 was $2.0 million (2.7% of total revenue), down from $7.0 million (6.4% of total revenue) in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865506/000121390025047567/ea024341801ex99-1_zeo.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>Net cash used in operating activities for 2024 was - $8.7 million, compared to $11.9 million provided in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865506/000121390025047567/ea024341801ex99-1_zeo.htm"></span></li><li>Net cash used in investing activities for 2024 was - $7.4 million, compared to - $1.0 million in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865506/000121390025047567/ea024341801ex99-1_zeo.htm"></span></li><li>Net cash provided by financing activities for 2024 was $13.7 million, compared to - $5.2 million in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865506/000121390025047567/ea024341801ex99-1_zeo.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>Zeo Energy completed the integration of Lumio’s assets acquired in November 2024, as part of its market expansion plan.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865506/000121390025047567/ea024341801ex99-1_zeo.htm"></span></li><li>Secured $4.0 million in December to develop a year-round sales force and expand market presence.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865506/000121390025047567/ea024341801ex99-1_zeo.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>Zeo Energy Corp. is optimistic about opportunities in 2025, aiming to acquire renewable energy assets at attractive valuations to fuel growth and gain market share.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865506/000121390025047567/ea024341801ex99-1_zeo.htm"></span></li><li>The company plans to continue focusing on efficiency and flexibility in its operating model to sustain positive adjusted EBITDA.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865506/000121390025047567/ea024341801ex99-1_zeo.htm"></span></li><li>Recruitment initiatives are on target as Zeo Energy enters its peak summer sales season in the second quarter of 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865506/000121390025047567/ea024341801ex99-1_zeo.htm"></span></li></ul>

ZEO ENERGY CORP C/WTS 13/03/2029 (TO PUR COM) | 8-K: FY2024 Revenue: USD 73.24 M