netpower(NPWR)

Search documents
netpower(NPWR) - 2024 Q2 - Quarterly Results
2024-08-12 20:17
Financial Performance - NET Power Inc. reported financial results for Q2 2024, with a revenue of $25 million, representing a 15% increase year-over-year[4] - The company achieved a gross margin of 35%, up from 30% in the same quarter last year, indicating improved operational efficiency[4] - The company reported a net loss of $2 million for the quarter, an improvement from a net loss of $3 million in Q2 2023[4] Future Guidance - The company provided guidance for Q3 2024, expecting revenue to be between $28 million and $30 million, reflecting a growth rate of 12% to 20%[4] - The company plans to enter two new markets in 2025, targeting a potential revenue increase of $10 million from these expansions[4] User Growth - NET Power Inc. has expanded its user base by 20%, reaching a total of 1.2 million users as of June 30, 2024[4] Research and Development - NET Power Inc. is investing $5 million in R&D for new technology aimed at enhancing energy efficiency in its operations[4] Strategic Initiatives - NET Power Inc. is exploring strategic partnerships for potential acquisitions to bolster its market position and technology capabilities[4] - The company highlighted its commitment to sustainability, with plans to reduce carbon emissions by 25% by 2026 through innovative technologies[4] - The company has initiated a new marketing strategy aimed at increasing brand awareness, with a budget allocation of $1 million for the next quarter[4]
Wall Street Analysts Believe NET POWER INC (NPWR) Could Rally 48.15%: Here's is How to Trade
zacks.com· 2024-05-16 14:55
NET Power Inc. (NPWR) closed the last trading session at $11.88, gaining 13.7% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $17.60 indicates a 48.2% upside potential. The mean estimate comprises five short-term price targets with a standard deviation of $7.89. While the lowest estimate of $9 indicates a 24.2% decline from the current price level, the most optimistic analyst expe ...
netpower(NPWR) - 2024 Q1 - Earnings Call Transcript
2024-05-13 19:22
NET Power Inc. (NYSE:NPWR) Q1 2024 Earnings Conference Call May 13, 2024 8:30 AM ET Company Participants Bryce Mendes - Director, IR Danny Rice - CEO Brian Allen - President and COO Akash Patel - CFO Conference Call Participants Martin Malloy - Johnson Rice Leo Mariani - ROTH MKM Thomas Meric - Janney Montgomery Scott Wade Suki - Capital One Betty Jiang - Barclays Noel Parks - Tuohy Brothers Operator Hello and welcome to the NET Power Inc. First Quarter 2024 Earnings Call. [Operator Instructions] A question ...
netpower(NPWR) - 2024 Q1 - Quarterly Report
2024-05-13 11:35
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR (Address of Principal Executive Offices) (Zip Code) Delaware 98-1580612 (I.R.S. Employer Identification No.) 27701 o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number 001-40503 NET ...
netpower(NPWR) - 2024 Q1 - Quarterly Results
2024-05-13 11:33
Date of report (Date of earliest event reported): May 13, 2024 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 NET POWER INC. FORM 8-K (Exact name of registrant as specified in its charter) CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) (Registrant's telephone number, including area code) (Former name or former address, if changed since last ...
netpower(NPWR) - 2023 Q4 - Earnings Call Transcript
2024-03-12 15:24
NET Power Inc. (NYSE:NPWR) Q4 2023 Earnings Conference Call March 12, 2024 8:30 AM ET Company Participants Bryce Mendes - Director, IR Danny Rice - CEO Brian Allen - President and COO Akash Patel - CFO Conference Call Participants Noel Parks - Tuohy Brothers Thomas Meric - Janney Montgomery Scott Wade Suki - Capital One Betty Jiang - Barclays Operator Greetings and welcome to the NET Power Incorporated’s Fourth Quarter and Year End 2023 Earnings Conference Call. At this time all participants are in listen-o ...
netpower(NPWR) - 2023 Q4 - Earnings Call Presentation
2024-03-12 11:35
Q4 2023 Business Update & Results 1 March 11, 2024 A NETPOWER Important Notice Cautionary Note Regarding Forward-Looking Statements and Projections. Certain statements in this presentation may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995, each as amended. Forward-looking statements provide current expectations of future events and include any ...
netpower(NPWR) - 2023 Q4 - Annual Report
2024-03-11 20:14
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission file number 001-40503 NET Power Inc. (Exact name of registrant as specified in its charter) Delaware 98-1580612 (Sta ...
NET Power: Impressive Compounding Potential For Very Patient Investors
Seeking Alpha· 2024-01-07 14:43
ewg3D/E+ via Getty Images There has been a lot of buzz about NET Power (NYSE:NPWR) on Seeking Alpha since it SPAC'ed earlier this year. Much of that discussion has revolved around whether it is worth waiting for the company to generate profits. To answer that question, I draw on company reports, analyst research, and conversation with a colleague in the industry to model NPWR's long-term risk-reward profile. NPWR is inherently an ultra-high-risk investment, since its product is not yet commercially availabl ...
netpower(NPWR) - 2023 Q3 - Earnings Call Transcript
2023-11-17 18:52
NET Power Inc. (NYSE:NPWR) Q3 2023 Earnings Conference Call November 14, 2023 8:30 AM ET Company Participants Bryce Mendes - Director, Investor Relations Danny Rice - Chief Executive Officer Brian Allen - Chief Operating Officer Akash Patel - Chief Financial Officer Conference Call Participants Martin Malloy - Johnson Rice Leo Mariani - ROTH MKM Noel Parks - Tuohy Brothers Wade Suki - Capital One Betty Jiang - Barclays Ryan Levine - Citigroup Operator Greetings and welcome to the NET Power Third Quarte ...