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  "documentTitle": "EVgo | Results Presentation Deck | 21 slides",
  "authorId": "evgo",
  "authorName": "EVgo",
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  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-11-01 00:00:00",
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      "text": "Revenues grew 234% year-over-year, driven by increases in charging revenues and eXtend\nRetail charging revenue increased 158% on YoY basis\neXtend revenues were $10.5 million for equipment delivery and construction work\nGAAP gross margin increased to 1.7% compared to -30.5% in Q3'23, from improved operating leverage and higher eXtend revenues\nAdjusted gross margin increased to 26.4% compared to 19.1% in Q3'23, from improved operating leverage due to higher utilization\nG&A as a percentage of revenue improved to 91% compared to 308% in Q3'22\nAdjusted G&A as a percentage of improved to 67% compared to 230% in Q3'22\nEnded Q3'23 with $229 million in cash, cash equivalents, and restricted cash",
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      "kind": "source-note",
      "text": "Network throughput for EVgo network excludes EVgo eXtend™ sites.",
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      "text": "Adjusted Gross Profit, Adjusted Gross Margin, Adjusted G&A as a Percentage of Revenue, and Adjusted EBITDA are non-GAAP measures and have not been prepared in accordance with GAAP. For a definition of these non-GAAP measures and a reconciliation to the most directly comparable GAAP measure, please see \"Definitions of Non-GAAP Financial Measures\" and \"Reconciliations of Non-GAAP Measures\" included elsewhere in these materials.\n* Bps greater than 9,999",
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      "text": "(unaudited, dollars in thousands)\nCash flows used in operating activities\nTotal capital expenditures\nQ3'23\n$ (7,256)\n$ 24,028\nQ3'22\n$ (18,967)\n$ 61,594",
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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\nGAAP G&A as a percentage of revenue\nAdjusted G&A as a percentage of revenue ¹\nAdjusted EBITDA¹\nQ3'23\n37\n$ 35,107\n$ 604\n1.7%\n$ (28,257)\n$ 9,281\n26.4%\n91.2%\n67.1%\n$ (14,248)\nQ3'22\n12\n$ 10,509\n$ (3,208)\n(30.5)%\n$ (50,922)\n$ 2,006\n19.1%\n307.6%\n229.9%\n$ (22,153)\nBetter\n(Worse)\n208%\n234%\n119%\n3,220 bps\n45%\n363%\n730 bps\n* bps\n* bps\n36%",
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      "kind": "title",
      "text": "Key Financial Highlights Q3 2023",
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      "kind": "title",
      "text": "Quarterly Revenue, Margin and Cash Flow Update",
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