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Charge Enterprises Inc   (CRGE)
Other Ticker:  
 
    Sector  Services    Industry Communications Services
   Industry Communications Services
   Sector  Services
 
Price: $0.0210 $-0.01 -30.921%
Day's High: $0.0319 Week Perf: 7.69 %
Day's Low: $ 0.02 30 Day Perf: -85.37 %
Volume (M): 5,664 52 Wk High: $ 1.32
Volume (M$): $ 119 52 Wk Avg: $0.54
Open: $0.03 52 Wk Low: $0.01



 Market Capitalization (Millions $) 4
 Shares Outstanding (Millions) 204
 Employees -
 Revenues (TTM) (Millions $) 641
 Net Income (TTM) (Millions $) -53
 Cash Flow (TTM) (Millions $) 14
 Capital Exp. (TTM) (Millions $) 0

Charge Enterprises Inc
Charge Enterprises Inc is a technology company that specializes in developing and providing solutions for electric vehicle charging infrastructure. Founded in , the company aims to support the transition towards sustainable transportation by enabling convenient, efficient, and widely accessible charging options for electric vehicle owners. They offer a range of products and services, including hardware, software, and network solutions, that cater to various charging needs. Charge Enterprises Inc focuses on delivering innovative and reliable solutions that enhance the overall charging experience while also promoting environmental consciousness.


   Company Address: 125 Park Avenue, 25th Floor New York 10017 NY
   Company Phone Number: 921-2100   Stock Exchange / Ticker: NASDAQ CRGE
   


   

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Charge Enterprises Inc

Shockwaves in the Industry: Communications Services Company Plummets with a Jaw-Dropping -28.829% Revenue Dive for Fiscal Year 2023

Despite facing weak business and increased losses for the most recent fiscal period, it is important to remain optimistic about the stock market and the opportunities it presents. CRGEsn net loss per share may have advanced at $-0.05, with a decline in revenue by -28.829% to $132.28 million, but there is still room for growth and potential.
It is worth noting that while Charge Enterprises Inc may have experienced a drop in business, this is in stark contrast to the rest of the Communications Services sector, which has recorded a revenue gain. This suggests that the challenges faced by Charge Enterprises Inc may be specific to its own operations and not indicative of a broader trend within the sector.

Charge Enterprises Inc

Charge Enterprises Inc Faces Mounting Deficit in 2023, but Optimism Surges in Other Key Areas

/>The stock market is constantly influenced by various factors, and staying updated with the latest financial reports is crucial for investors. In the financial second quarter of 2023, Charge Enterprises Inc (CRGE) experienced a significant increase in its deficit compared to the previous year. However, despite this setback, there are positive signs of improvement in other areas such as EPS, net deficit, and inventory management. Let's explore these interesting facts from the company's latest earnings report.
Increased Deficit and Improved EPS:
One of the standout facts from Charge Enterprises Inc's financial report is the increase in their deficit. In the second quarter of 2022, the company reported a deficit of $0.00 per share, while in the same period of 2023, the deficit rose to $-0.04 per share. Although this seems alarming at first glance, it is essential to note that the company managed to improve its EPS from $-0.05 per share in the previous reporting period. This suggests that despite the higher deficit, Charge Enterprises Inc. is making efforts to optimize its operations.

Charge Enterprises Inc

CRGE's Impressive Leap: Surging Double-Digit Growth Paints a Promising Picture for Charge Enterprises Inc in Q1 2023

Charge Enterprises Inc has recorded a cumulative net loss of $-38 million during the 12 months ending in the first quarter of 2023. This has resulted in a negative return on equity (ROE) of -122.19%. This is not a good sign for the company's investors as it indicates that the company is not generating enough profit to cover its expenses. It also means that the company is not using its equity efficiently to generate profits.
In the Communications Services industry, 21 other companies had a higher return on equity. This is a point of concern for Charge Enterprises Inc as it indicates that the company is not performing as well as its competitors in the industry. The company needs to take steps to improve its ROE to remain competitive in the market.






 

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