For the quarter ending 2025-09-30, ZEO made $23,896,448 in revenue. -$3,229,915 in net income. Net profit margin of -13.52%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Total net revenues | 23,896,448 | 18,101,930 | 8,783,695 | 19,334,233.5 |
| Depreciation and amortization | - | 3,175,452 | 4,900,729 | 1,209,134.5 |
| Cost of revenues | 10,053,666 | 7,284,487 | - | - |
| Cost of goods sold (exclusive of depreciation and amortization shown below) | - | - | - | 5,165,919.5 |
| Depreciation and amortization | 249,447 | - | - | - |
| Sales and marketing | 9,588,385 | 5,629,040 | 2,137,092 | 9,626,449 |
| General and administrative | 5,985,459 | 4,866,457 | 10,467,593 | 6,021,640.5 |
| Total operating expenses | - | - | 22,295,093 | 22,772,507 |
| Total operating expenses | 25,876,957 | 20,955,436 | 4,789,679 | - |
| Loss from operations | -1,980,509 | -2,853,506 | -13,511,398 | -3,438,273.5 |
| Other income, net | - | - | 82,363 | 60,776.667 |
| Other income | 165,308 | 53,328 | - | - |
| Interest expense | 129,719 | -29,989 | 30,277 | 131,126 |
| Gain on change in fair value of warrant liabilities | -124,200 | 96,269 | -663,449 | 959,563.833 |
| Total other income | 159,789 | -12,952 | 715,535 | 268,214.5 |
| Net loss from operations before income taxes | -1,820,720 | -2,866,458 | -12,795,863 | -3,170,059 |
| Income tax benefit (provision) | 48,752 | -186,994 | 523,500 | -443,492 |
| Net loss | -1,869,472 | -2,679,464 | -13,319,363 | -3,345,242.5 |
| Less net loss attributable to sunergy renewables llc prior to the business combination | - | 0 | - | 130,920.25 |
| Net loss subsequent to the business combination | -1,869,472 | -2,679,464 | -13,319,363 | -3,767,599 |
| Less net income (loss) attributable to redeemable non-controlling interests | 1,355,548 | -263,628 | -6,958,098 | - |
| Net loss attributable to class a common stockholders | -3,225,020 | -2,415,836 | -6,361,265 | - |
| Foreign currency translation adjustments | -4,895 | - | - | - |
| Net comprehensive loss | -3,229,915 | - | - | - |
| Basic net loss per common share (in dollars per share) | - | - | -0.48 | 0.37 |
| Diluted net loss per common share (in dollars per share) | - | - | -0.48 | 0.37 |
| Weighted average units outstanding, basic (in shares) | - | - | 13,252,964 | -237,192 |
| Weighted average units outstanding, diluted (in shares) | - | - | 13,252,964 | -237,192 |
| Loss per class a common share basic (in dollars per share) | -0.12 | - | - | - |
| Loss per class a common share diluted (in dollars per share) | -0.12 | - | - | - |
| Weighted-average class a common shares outstanding basic (in shares) | 27,307,260 | - | - | - |
| Weighted-average class a common shares outstanding diluted (in shares) | 27,307,260 | - | - | - |
Zeo Energy Corp. (ZEO)
Zeo Energy Corp. (ZEO)