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  "documentTitle": "EVgo | Results Presentation Deck | 21 slides",
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  "authorName": "EVgo",
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  "presentationDate": "2023-05-01 00:00:00",
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      "text": "Revenues grew 229% year-over-year, driven by increases in eXtend and retail charging revenues\nRetail charging revenue increased 89% on YoY basis\neXtend revenues increased $10.2 million as pre-engineering work and equipment delivery continued for certain Pilot Flying J sites\nAdjusted gross margin declined: 25.3% compared to 37.2% in Q1 2022, primarily due to accelerated revenue recognition of regulatory credits in Q1 2022 and a reduction in LCFS prices\nG&A as a percentage of revenue improved to 149.8% compared to 330.2% in Q1 2022\nAdj. G&A as a percentage of revenue improved to 104.6% compared to 273.2% in Q1 2022\nEnded Q1'23 with $163.8 million in cash, cash equivalents, and restricted cash\nQ1'23 capex spend acceleration primarily driven by prepaid equipment spend",
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      "text": "1 Adjusted Gross Profit, Adjusted Gross Margin, and Adjusted EBITDA are non-GAAP measures and have not been prepared in accordance with GAAP. For a definition of these non-GAAP measures and a reconciliation to the most directly comparable GAAP measure, please see \"Definitions of Non-GAAP Financial Measures\" and \"Reconciliations of Non-GAAP Measures\" included elsewhere in these materials.",
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      "text": "Q1'23\nCash flows used in operating activities\n$ (19,343)\nCapital expenditures\n$ (65,246)\nQ1'22\n$ (19,831)\n$ (28,274)",
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      "text": "Unaudited, dollars in thousands\nNetwork Throughput (GWh)\nGAAP revenue\nGAAP gross profit (loss)\nGAAP gross margin\nGAAP net loss\nAdjusted Gross Profit¹\nAdjusted Gross Margin¹\nAdjusted EBITDA¹\nQ1'23\n17.9\n$ 25,300\n$ 41\n0.2%\n$ (49,081)\n$ 6,405\n25.3%\n$ (20,067)\nQ1'22\n8.0\n$ 7,700\n$ (600)\n(7.8%)\n$ (55,266)\n$ 2,865\n37.2%\n$ (18,176)\nBetter (Worse)\n124%\n229%\n107%\n800 bps\n11%\n124%\n(1,190) bps\n(10)%",
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      "text": "Key Financial Highlights Q1 2023",
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      "text": "Quarterly Revenue, Margin and Cash Flow Update",
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