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Plug Power Inc (PLUG) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Plug Power Inc (PLUG) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Plug Power Inc provides alternative energy technology. It is engaged in the design, development, commercialization and manufacture of hydrogen fuel cell systems used for the industrial off-road market and the stationary power market. Plug Power Inc has a market cap of $521.600 million; its shares were traded at around $2.38 with and P/S ratio of 2.98. Plug Power Inc had annual average EBITDA growth of 28.10% over the past ten years.


For the last quarter Plug Power Inc reported a revenue of $59.8 million, compared with the revenue of $34.21 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $174.6 million, an increase of 69.1% from last year. For the last five years Plug Power Inc had an average revenue growth rate of 35.6% a year.

The reported loss per diluted share was 36 cents for the year, compared with the loss per share of $0.56 in the previous year. The Plug Power Inc had an operating margin of -39.79%, compared with the operating margin of -98.58% a year before. The 10-year historical median operating margin of Plug Power Inc is -103.74%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, Plug Power Inc has the cash and cash equivalents of $38.6 million, compared with $24.8 million in the previous year. The long term debt was $181.5 million, compared with $50.4 million in the previous year. Plug Power Inc has a financial strength rank of 3 (out of 10).

At the current stock price of $2.38, Plug Power Inc is traded at 22.7% discount to its historical median P/S valuation band of $3.08. The P/S ratio of the stock is 2.98, while the historical median P/S ratio is 3.84. The stock gained 20.81% during the past 12 months.

For the complete 20-year historical financial data of PLUG, click here.

This article first appeared on GuruFocus.