Zeo Energy Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	2.89	5.63	8.02	2.27	0.45
Cash & Short-Term Investments	2.89	5.63	8.02	2.27	0.45
Cash Growth	-62.57%	-29.77%	253.67%	403.12%	-
Receivables	5.58	10.25	7.82	0.56	0.39
Inventory	0.85	0.87	0.35	0.29	-
Prepaid Expenses	0.94	2.13	0.04	0.22	0.11
Total Current Assets	10.26	18.89	16.23	3.34	0.95
Property, Plant & Equipment	4.13	4.19	4.01	2.72	0.94
Goodwill	27.01	27.01	27.01	27.01	27.01
Other Intangible Assets	2.94	7.57	0.77	2.07	3.46
Other Long-Term Assets	0.11	0.31	0.06	0.06	0.01
Total Assets	47.45	60.98	48.09	35.2	32.37
Accounts Payable	3.57	2.78	4.7	0.3	0.68
Accrued Expenses	6.58	5.33	4.65	0.3	0.08
Short-Term Debt	2.46	2.44	-	-	0.07
Current Portion of Long-Term Debt	0.3	0.29	0.29	0.23	0.13
Current Portion of Leases	0.69	0.71	0.66	0.47	-
Current Unearned Revenue	0.12	0.2	5.22	1.15	-
Other Current Liabilities	-	3.21	-	0.07	0.06
Total Current Liabilities	13.72	14.97	15.52	2.52	1.02
Long-Term Debt	0.41	0.5	0.83	0.82	0.54
Long-Term Leases	0.98	1.15	1.12	0.58	-
Other Long-Term Liabilities	0.79	1.45	-	-0	-
Total Liabilities	15.89	18.06	17.46	3.93	1.56
Common Stock	0	0	0	31.16	31.16
Additional Paid-In Capital	16.49	14.52	31.15	-	-
Retained Earnings	-39.57	-103.44	-0.53	0.12	-
Comprehensive Income & Other	-	-	-	-	-0.34
Total Common Equity	-23.08	-88.91	30.62	31.28	30.82
Minority Interest	54.63	131.82	-	-	-
Shareholders' Equity	31.56	42.91	30.62	31.28	30.82
Total Liabilities & Equity	47.45	60.98	48.09	35.2	32.37
Total Debt	4.84	5.09	2.89	2.11	0.74
Net Cash (Debt)	-1.94	0.54	5.13	0.16	-0.29
Net Cash Growth	-	-89.39%	3046.81%	-	-
Net Cash Per Share	-0.23	0.10	5.13	0.16	-0.47
Filing Date Shares Outstanding	22.82	22.82	5.03	1	0.63
Total Common Shares Outstanding	21.8	13.25	1	1	0.63
Working Capital	-3.46	3.92	0.71	0.82	-0.06
Book Value Per Share	-1.06	-6.71	30.62	31.28	49.22
Tangible Book Value	-53.03	-123.49	2.84	2.2	0.35
Tangible Book Value Per Share	-2.43	-9.32	2.84	2.20	0.55
Machinery	2.86	2.86	2.35	2.12	1.04
Leasehold Improvements	0.01	0.01	-	-	-

Updated Jun 16, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q