Is ChargePoint Stock a Buy?
ChargePoint(CHPT) The Motley Fool·2024-01-13 10:44
From the company's recent 10-Q filing with the SEC, "ChargePoint generates revenue primarily through the sale of Networked Charging Systems, Cloud Services and extended parts and labor warranties." This does not include ChargePoint as a Service (CPaaS), which generates recurring revenue. In the third quarter of 2023, $73.9 million of the company's $110.3 million in revenue was from networked charging systems while just $30.6 million was from subscriptions.This is still, primarily, a company that sells charg ...