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Pioneer Power Solutions Inc   (PPSI)
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Price: $4.9600 $-0.07 -1.392%
Day's High: $5.08 Week Perf: -6.94 %
Day's Low: $ 4.91 30 Day Perf: -0.4 %
Volume (M): 37 52 Wk High: $ 9.84
Volume (M$): $ 184 52 Wk Avg: $5.80
Open: $4.99 52 Wk Low: $2.52



 Market Capitalization (Millions $) 51
 Shares Outstanding (Millions) 10
 Employees 91
 Revenues (TTM) (Millions $) 42
 Net Income (TTM) (Millions $) 2
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 3

Pioneer Power Solutions Inc
Pioneer Power Solutions, Inc. and its wholly owned subsidiaries design, build, integrate, refurbish, service, distribute, and market electric power systems, distributed energy resources, used and new power production equipment, and mobile electric vehicle ("EV") charging solutions. Our goods and services are offered to customers in the utility, industrial, and commercial industries. Electric, gas, and water utilities, data center developers and owners, EV charging infrastructure developers and owners, and distributed energy developers are among our customers. The Firm is based in Fort Lee, New Jersey, and has three (3) other facilities in the United States for production, service and maintenance, engineering, and sales and administration.

We have two reportable segments: Transmission & Distribution Solutions ('T&D Solutions') and Critical Power Solutions ('Critical Power').

Our T&D Solutions business provides equipment solutions, including e-Bloc, that help customers effectively and efficiently protect, control, transfer, monitor and manage their electric energy requirements. These solutions are marketed principally through our Pioneer Custom Electrical Products Corp. ('PCEP') brand name.

Our Critical Power business provides customers with our suite of mobile E-BOOST' EV charging solutions, new and refurbished power generation equipment and all forms of service and maintenance on our customers' power generation equipment. These products and services are marketed by our operations headquartered in Minnesota, currently doing business under both the Titan Energy Systems Inc. ('Titan') and Pioneer Critical Power brand names.
Our Critical Power business designs, manufactures and sells mobile EV charging solutions under our E-BOOST suite of products, in addition to refurbishing and reselling used power generation equipment, distributing new power generation equipment and performing service and maintenance on our customers' existing power generation equipment. Many of these systems are used to maintain reliable, primary, peak shaving or emergency standby power at facilities where it is required or where the potential consequences of a power outage make it necessary, such as at major national retailers, hospitals, data centers, communications facilities, factories, military sites, office complexes and other critical operations.
Power generation systems represent considerable investments that require proper maintenance and service in order to operate reliably during a time of emergency. Our power maintenance programs provide preventative maintenance, repair and support service for our customers' power generation systems. To support our customers in managing their critical infrastructure, we maintain inventories of repair parts, a fleet of service vehicles and a staff of certified field service technicians in the Midwest and Florida. To complete our geographic coverage, we maintain a network of field service partners located in other regions, enabling us to provide quick-response, 24/7 service capability that can effectively service and maintain any make and model of back-up power equipment in any city of the United States. Our field service organization services more than 3,000 generators owned by more than 900 customers located throughout the United States and its territories, including for multi-site, multi-state customers.


   Company Address: 400 Kelby Street Fort Lee 7024 NJ
   Company Phone Number: 867-0700   Stock Exchange / Ticker: NASDAQ PPSI
   PPSI is expected to report next financial results on April 10, 2024.


Customers Net Income grew by PPSI's Customers Net Profit Margin grew to

37.28 %

8.88 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

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Pioneer Power Solutions Inc

Compelling time frame by Pioneer Power Solutions Inc during the fiscal three months closing Sep 30 2023

In the July to September 30, 2023 interval, Pioneer Power Solutions Inc demonstrated a significant turnaround, reporting a surplus and positive earnings per share (EPS) of $0.10 compared to a loss of $0.13 per share in the previous year. Additionally, the EPS turned positive from a loss of $0.03 per share in the prior quarter.
The company's revenue also saw substantial growth, increasing by 87.346% to $11.71 million from $6.25 million in the same quarter a year ago. Sequentially, the revenue remained constant at $11.71 million. This growth is notable as it goes against the trend observed in the Electronic Instruments & Controls industry, where most peers experienced a reduction in business during the same period.

Pioneer Power Solutions Inc

1. Electronic Instruments & Controls Beats Expectations with a Minuscule Deficit of Only $-0.03 per Share in Q2 20232. Pioneer Power Solutions Inc. Boosts Profits in Q2: Thriving in the Face of Economic Challenges



Pioneer Power Solutions Inc, an Electronic Instruments & Controls company, has recently released its financial results for the period between April to June 30, 2023. The results have shown a substantial increase in revenue but a net loss for the quarter. This article will analyze the financial figures and provide insights into the company's performance.
Overview of Financial Results:
In the second quarter of 2023, Pioneer Power Solutions Inc achieved impressive revenue growth of 173.047% year-on-year, amounting to $11.71 million. Comparing this growth to the Electronic Instruments & Controls sector's average of 2.40% during the same period, it is evident that Pioneer Power Solutions Inc has outperformed its peers in terms of top-line growth.

Pioneer Power Solutions Inc

Pioneer Power Solutions Inc Bounces Back with Impressive Q1 2023 Results

Pioneer Power Solutions Inc, a publicly traded company in the Electronic Instruments and Controls industry, records a cumulative net loss of $-4 million during 12 months ending in the first quarter of 2023. This means that, over this period, their expenses were greater than their revenue.
However, in the first quarter of 2023, Pioneer Power Solutions Inc displays a revenue advance of 143.127% year on year to $8.51 million. As a result, they have turned a profit by displaying EPS at $0.01. This is an improvement from the previous quarter where the earnings per share were negative at $-0.13 per share, and revenue surged by 36.09% from $6.25 million. This highlights a significant growth in their business and suggests that they are on a path of recovery.
Furthermore, Pioneer Power Solutions Inc has achieved net income of $0.122 million in the fiscal time-frame ending March 31, 2023. This is an improvement versus a net shortfall of $-1.398 million in the similar quarter a year ago. It shows that they have managed to curb their expenses and generate more revenue in the current fiscal year.
It is interesting to see that out of the 44 companies in the Electronic Instruments and Controls industry, employees in other companies have been able to achieve a higher income per employee than employees in Pioneer Power Solutions Inc. However, given their recent financial performance, Pioneer Power Solutions Inc may be looking at ways to increase employee compensation in the future.






 

Pioneer Power Solutions Inc's Segments
 
 
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