)
Visual
test
Heramba Electric
Heramba Electric (PITEF) investor relations material
Heramba Electric has been otc
Heramba Electric Q4 2023 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2023 earnings summary7 Aug, 2024
Executive summary
Heramba Electric completed the acquisition of Kiepe Electric in February 2024 and went public on NASDAQ in July 2024, focusing on decarbonizing commercial and public transportation globally.
Kiepe Electric, with over 100 years of history, specializes in electrification solutions for rail and road vehicles, including high-power charging and smart fleet management.
The company operates globally, with strong bases in Europe and North America, and aims to expand further, especially in the U.S. market.
Leveraging German engineering and technology, the company is positioned for further expansion.
Financial highlights
2023 revenues increased by 27.6% to €152.8 million, with Germany accounting for nearly 50% and the U.S. 12% of total revenue.
North American revenue grew by 57.5%, while European revenue increased by 24.7% year-over-year.
Net income was €407k in 2023, reversing a net loss of €21 million in 2022.
Order backlog reached €621 million, extending to 2032, with 80% from system integrator business and 20% from maintenance.
Ended 2023 with no debt and €32.5 million in cash equivalents.
Outlook and guidance
2024 faces revenue and profitability pressure due to project delays and supply chain instability in Europe, but North America remains a growth driver.
Strategic focus on increasing higher-margin component, service, and modernization business to reduce risk and improve profitability.
Targeting a reduction in system integrator business share to 50-60% of revenue.
Cost reduction initiatives underway, including sourcing from low-cost countries and reducing administrative expenses.
Management expects continued business growth driven by global decarbonization trends and aims for cash flow positivity.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- 6 FebHTOO
Resale registration for 71,429 shares via warrant, with proceeds only on exercise; financial risks persist. - 6 FebVSAT
Q3 revenue up 3% to $1.16B, net income $25M, strong cash flow, Ligado boost, satellite focus. - 6 FebWEC
Targets 7–8% EPS growth, $37.5B capex, and coal exit by 2032 amid surging data center demand. - 6 FebBR
Q2 FY26 recurring revenue grew 8% and adjusted EPS guidance was raised to 9-12%. - 6 FebFFWM
Merger vote includes new non-voting stock class with limited conversion and no voting rights. - 6 FebKKR
Charter amendments seek to modernize governance and establish one share, one vote by 2026. - 6 FebARI
Proposed $9B real estate loan portfolio acquisition highlights disciplined, long-term strategy. - 6 FebSMCI
Q2 revenue jumped 123% to $12.7B, with FY26 guidance raised to at least $40B. - 6 FebRJF
Record revenues and assets, higher dividend, and acquisitions despite lower net income. - 6 FebFFIE
Raising capital for global EV and AI expansion, with regulatory and dilution risks highlighted.
Heramba Electric
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Heramba Electric plc, through its subsidiary Kiepe Electric GmbH, specializes in providing systems and components for the electrification of rail vehicles and buses, primarily serving urban public transport networks. The company also offers advanced charging infrastructure solutions for electric buses, including technology that enhances in-motion charging capabilities. This allows electric trolleybuses to extend their range between overhead wire connections, improving efficiency and supporting the transition to greener public transport systems. Heramba Electric is headquartered in Düsseldorf, Germany, and its shares are listed on the NASDAQ.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage