Spruce Power Holding Corporation (NYSE:SPRU) Q4 2022 Earnings Conference Call March 23, 2023 4:30 PM ET Company Participants Bronson Fleig – Head-Investor Relations Christian Fong – Chief Executive Officer Donald Klein – Chief Financial Officer Conference Call Participants Joseph Osha – Guggenheim Jordan Levy – Truist Operator Good afternoon. My name is Emma, and I will be your conference operator today. At this time, I would like to welcome everyone to the Spruce Power Fourth Quarter 2022 Earnings Conferen ...

XL Fleet Corp. (XL) Q3 2022 Earnings Conference Call November 9, 2022 5:00 PM ET Company Participants Stacey Constas - General Counsel Eric Tech - Chief Executive Officer Christian Fong - President XL Fleet and CEO of Spruce Power Don Klein - Chief Financial Officer Conference Call Participants Joseph Osha - Guggenheim Securities Operator Good afternoon, and welcome to the XL Fleet Third Quarter 2022 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION FORM 10-Q ___________________________________ 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 001-38971 XL Fleet Corp. (Exact name of Registrant as specified in its Charter) | Delaware | 83-4109918 | | --- | --- | | (State or other jurisdiction of | (I.R.S. Employer | | incorporation or organization) | Identification Number ...

XL Fleet Corp. (XL) Q2 2022 Earnings Conference Call August 9, 2022 5:00 PM ET Company Participants Stacey Constas – General Counsel Eric Tech – Chief Executive Officer Donald Klein – Chief Financial Officer Mike Kenhard – Chief Technology Officer and General Manager-Power Drive Colleen Calhoun – Vice President and General Manager-XL Grid Conference Call Participants Operator Good day, and welcome to the XL Fleet Second Quarter 2022 Earnings Call. All participants will be in a listen-only mode. [Operator In ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION FORM 10-Q ___________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2022 OR 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 001-38971 XL Fleet Corp. (Exact name of Registrant as specified in its Charter) | ...

XL Fleet Corp. (XL) Q1 2022 Earnings Conference Call May 10, 2022 5:00 PM ET Company Participants Stacey Constas - Associate General Counsel Eric Tech - Chief Executive Officer Mike Kenhard - Chief Technology Officer and General Manager of Power Drive Colleen Calhoun - Vice President and General Manager of XL Grid Donald Klein - Chief Financial Officer Conference Call Participants Operator Good day, and welcome to the XL Fleet Corp First Quarter 2022 Conference Call. [Operator Instructions] Please note, thi ...

Commission File Number 001-38971 XL Fleet Corp. (Exact name of Registrant as specified in its Charter) UNITED STATES SECURITIES AND EXCHANGE COMMISSION FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO | Large accelerated filer | ☒ | Accelerated filer | ☐ | | --- | --- | --- | ...

XL Fleet Corp. (XL) Q4 2021 Earnings Conference Call March 1, 2022 5:00 PM ET Company Participants Jim Berklas - General Counsel & Vice President of Corporate Development Eric Tech - Chief Executive Officer Mike Kenhard - Chief Technology Officer & General Manager of Power Grid Business Colleen Calhoun - Vice President & General Manager of XL Grid Business Chris Goldner - Interim Chief Financial Officer. Conference Call Participants Operator Good afternoon, and welcome to the XL Fleet Corp Fourth Quarter an ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 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 001-38971 XL Fleet Corp. (Exact name of Registrant as specified in its Charter) | Delaware | 83-4109918 | | --- | --- | | (State or other ...

Financial Data and Key Metrics Changes - Total revenue for Q3 2021 was $3.2 million, down from $6.3 million in the same period last year and $3.7 million from the previous quarter, primarily due to ongoing supply chain issues [7][18] - Gross margin improved to 22% from 12% in the prior year, although it decreased from approximately 26% in the last quarter [8] - Adjusted EBITDA was negative $14.2 million compared to negative $6 million in the prior year [19] - Cash and cash equivalents as of September 30th were $367 million, down from $384 million last quarter but up from $330 million at the end of 2020 [20] Business Line Data and Key Metrics Changes - Revenue from the sale of drive systems in Q3 2021 was significantly impacted by a microchip shortage, leading to a decline from $6.3 million in Q3 2020 [18] - Revenue from the XL Grid division totaled $2.6 million, driven by the contribution from the World Energy acquisition completed in May 2021 [18] Market Data and Key Metrics Changes - There is growing interest in fleet electrification, particularly from municipalities and agencies affected by COVID-19 budget constraints [11] - The company anticipates increased demand due to the infrastructure bill, which includes $7.5 billion in grant funding for electric vehicle charging infrastructure [13] Company Strategy and Development Direction - The company emphasizes its flexible platform, financial stability, and comprehensive offerings as key differentiators in the market [14] - The focus is on providing a one-stop shop for electrification needs, helping customers save money and meet sustainability goals [16] - The company is positioned to navigate near-term supply chain challenges while pursuing growth opportunities [23] Management's Comments on Operating Environment and Future Outlook - Management acknowledges that unprecedented supply chain challenges are expected to continue into Q4 and extend into 2022 [23] - The appointment of Eric Tech as the new CEO is seen as a positive step for leading the next phase of electrification [24] Other Important Information - The company completed its go-public transaction at the end of the previous year, which has provided financial flexibility to navigate challenges and pursue growth [15][21] Q&A Session Summary - Management discussed the ongoing supply chain challenges and their impact on operations, indicating a commitment to invest in growth despite these issues [23] - The new CEO's appointment was highlighted as a significant development for the company's future direction [24]