American Fuel Cell Manufacturer Plug Power Solve Two Big Problems At Once! The company was (finally) able to control its balance sheet woes. On Friday, Plug Power presented its revised Annual Report for 2020. Auditing firm KPMG has been criticizing the 2018, 2019 and 2020 budgets. Now the topic is finally off the table! Because the company had already submitted the numbers to the Securities and Exchange Commission.
In addition, Plug Power announced the preliminary numbers for the first quarter of the current fiscal year. The company increased sales by more than 60 percent to more than $ 70 million. The company’s cash cushion is still large. Thus, the available cash is more than five billion US dollars. Plug Power has announced an official confirmation of the numbers for tomorrow.
after this Power plug He finally broke the knot, and the road is free again. In light of these very exciting situations, we took a closer look at Plug Power. As an exception, you can download the analysis for free on Sunday. Just click here.