Zeo Energy Corp. Class A ( (ZEO) ) has released its Q1 earnings. Here is a breakdown of the information Zeo Energy Corp. Class A presented to its investors.
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Zeo Energy Corp. is a Florida-based company specializing in residential solar and energy efficiency solutions, operating in high-growth markets with limited competition. In the first quarter of 2025, Zeo Energy Corp. reported a significant decrease in revenue, totaling $8.8 million, down 56.4% from the previous year, primarily due to high-interest rates affecting residential solar sales. Despite the challenging environment, the company announced a strategic acquisition of Heliogen to expand into commercial and industrial-scale energy solutions, aiming to diversify its revenue streams. Key financial metrics revealed a net loss of $13.3 million, compared to a $4.1 million loss in the previous year, and a decrease in adjusted EBITDA to $(6.4) million. The company improved its gross profit margin to 43.0% of total revenue, attributed to operational efficiencies and reduced material costs. Looking forward, Zeo Energy Corp. remains optimistic about its full-year outlook, anticipating improved market activity and financial performance in the latter half of the year.