Financial Performance - Full year 2022 revenue was $558 million[17,33] - Adjusted EBITDA for 2022 was $119 million[19] - Adjusted Operating Cash Flow for 2022 was $92 million[19] - Recurring Operating Cash Flow for 2022 was $18 million[25] Customer Growth - Sunnova added 87300 customers in 2022[18] - Total customers as of December 31, 2022 reached 279400[26] - Customer additions increased by 62% in 2022[28] Dealer Network - Sunnova had 1116 dealers, sub-dealers, and new homes installers as of December 31, 2022[29,91] - 302 dealers, sub-dealers, and new homes installers were added in 2022[29] - The company exceeded its year-end target for dealers, sub-dealers, and new homes installers by 12%[29] Contracted Customer Value - Gross Contracted Customer Value reached $5875 million as of December 31, 2022[6,47] - Net Contracted Customer Value reached $2300 million as of December 31, 2022[6,47] Other Metrics - The weighted average contract life remaining was 223 years as of December 31, 2022[30] - Battery attachment rate on origination equaled 22% in Q4 2022[28]
Sunnova(NOVA) - 2022 Q4 - Earnings Call Presentation