January 1, 1970 - DCFCQ
Tritium DCFC Limited: A Financial Overview
Tritium DCFC Limited (NASDAQ: DCFCQ) designs, manufactures, and supplies direct current (DC) fast chargers for electric vehicles (EVs). Headquartered in Murarrie, Australia, Tritium operates internationally, providing charging infrastructure solutions to a diverse customer base.
This report offers a preliminary financial analysis of Tritium DCFC Limited based on the provided data. Please note that the absence of earnings call transcripts limits a comprehensive analysis.
Key Financial Highlights
| Metric | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 |
|---|---|---|---|---|
| Total Revenue | $184,544,000 | $85,821,000 | $56,157,000 | $46,969,000 |
| Gross Profit | ($4,083,000) | ($1,697,000) | ($1,904,000) | ($974,000) |
| Net Income | ($121,370,000) | ($128,919,000) | ($63,092,000) | ($34,444,000) |
| Total Assets | $275,176,000 | $211,998,000 | $87,850,000 | $67,898,000 |
| Total Liabilities | $418,831,000 | $253,904,000 | $151,858,000 | $71,800,000 |
Source: [Financial Data Source - To Be Replaced]
Revenue Growth
Tritium has demonstrated substantial revenue growth in recent years.
Profitability
While revenue has grown, Tritium is currently not profitable. The company is investing heavily in research and development as it scales its operations.
Financial Position
Tritium's financial position should be assessed considering its stage of growth. A full analysis would require examining cash flow and debt levels.
Future Outlook
The EV charging market presents significant growth opportunities for Tritium. The company's future success will depend on factors such as:
Global EV adoption rates
Competition in the charging infrastructure market
Tritium's ability to innovate and scale production
"Fun Fact: Tritium's DC fast chargers are capable of adding significant range to an EV in just minutes, making long-distance EV travel more convenient."
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice.
