ChargePoint: Problems Aren't Going Away
- ChargePoint continues to spit out large revenue growth from selling EV charging stations at limited positive margins.
- The subscription revenue base is only ~$85 million despite the company spending over $330 million in annual operating expenses.
- The stock still has a market cap topping $4 billion while burning all the SPAC cash with substantial cash flow burn each quarter.
- This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More »