Stem(STEM) - 2023 Q1 - Earnings Call Presentation

FCA = Forward Capacity Auction e and the submit and the submit and the submit of the submit of the submit of the sub- and and stem 63% (13) (14) • Revenue up 63% YoY in Q1'23 ○ India represents >50% of YTD headcount additions (through 3/31) $ millions unless otherwise noted AUM – Storage (GWh) 13% • Backlog up 120% YoY, driven by strong bookings • Solar AUM up 2% QoQ; continuing to migrate customers away from legacy applications $240M Green Convertible Senior Notes ● Net proceeds: $234M ○ $28M to purchase " ...