Thu, May 15, 9:01 PM (60 days ago)
**T1 Energy Inc. (TE) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $64.6 million (Q1 2025) vs. $0 (Q1 2024), driven by PV solar module sales post-Trina Business Combination. - **Gross Profit:** $28.98 million (Q1 2025) vs. $0 (Q1 2024). - **Net Loss:** $17.13 million (Q1 2025) vs. $28.54 million (Q1 2024), showing improvement. - **Cash Flow:** Net cash used in operations was $44.81 million (Q1 2025) vs. $16.22 million (Q1 2024). **Profit Margins:** - **Gross Margin:** ~45% (Q1 2025). - **Operating Margin:** ~-36% (Q1 2025). **Earnings Changes:** - **EPS:** -$0.11 (Q1 2025) vs. -$0.20 (Q1 2024). **Quarterly Performance Discussion:** - **Revenue Growth:** Driven by PV solar module sales post-acquisition. - **Cost Increases:** Higher selling, general, and administrative expenses due to increased personnel and legal fees. - **Other Income:** Significant derivative liability fair value adjustment. **Trends & Uncertainties:** - **Market Factors:** Volatility due to U.S. trade policies and tariffs. - **Macroeconomic Environment:** Potential impact on consumer demand and results of operations. - **Future Operations:** Significant capital expenditures planned for solar cell manufacturing facilities. **Future Operations Impact:** - **Capital Expenditures:** $850 million estimated for a 5 GW solar cell manufacturing facility. - **Liquidity:** $51.1 million in cash, cash equivalents, and restricted cash as of Q1 2025. - **Debt:** Various debt instruments with differing maturities and interest rates. **Ticker:** TE **Full Name:** T1 Energy Inc.