This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsProterra (PTRA *) 주식 개요Proterra Inc. provides commercial vehicles in the United States, the European Union, Canada, the United Kingdom, Australia, Japan, and Türkiye. 자세히 보기PTRA * 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적0/6재무 건전성3/6배당0/6위험 분석지난 5년간 매년 수익이 27.9% 감소했습니다.주식은 유동성이 매우 낮습니다cash runway 경력이 1년 미만입니다.의미 있는 시가총액이 없습니다(MX$280M)모든 위험 점검 보기PTRA * Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueMex$Current PriceMex$2.5895.8% 저평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-351m805m2016201920222025202620282031Revenue US$804.7mEarnings US$74.9mAdvancedSet Fair ValueView all narrativesProterra Inc. 경쟁사Grupo Pochteca. deSymbol: BMV:POCHTEC BMarket cap: Mex$783.1mLaxmipati Engineering WorksSymbol: BSE:537669Market cap: ₹1.8bMEDICOXSymbol: KOSDAQ:A054180Market cap: ₩12.7bSantierul Naval OrsovaSymbol: BVB:SNOMarket cap: RON 181.6m가격 이력 및 성과Proterra 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가US$2.5852주 최고가US$51.0052주 최저가US$2.58베타1.561개월 변동0%3개월 변동n/a1년 변동-98.14%3년 변동n/a5년 변동n/aIPO 이후 변동-98.82%최근 뉴스 및 업데이트공시 • Mar 14+ 1 more updateProterra Inc. Files Form 15Proterra Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's common stock was $0.0001 per share.공시 • Feb 09Fourth Amended Joint Reorganization Plan and Disclosure Statement Filed by Proterra Inc.Proterra Inc. filed fourth amended joint plan of reorganization in the US Bankruptcy Court on February 8, 2024. As per the amended plan filed, there is no change in the treatment of any claim class.공시 • Feb 03Proterra Inc. Announces CFO ChangesProterra Inc. announced that on February 1, 2024, in connection with the closing of the Powered Sale, David S. Black resigned as Chief Financial Officer and appointment of Justin Derek Pugh as acting chief financial officer. Justin Pugh, has served as Chief Transformation Officer of the Debtors since August 7, 2023. In his capacity as Chief Transformation Officer of the Debtors, Mr. Pugh has authority to act on behalf of the Debtors in connection with activities related to operational analysis and reporting, negotiation with counterparties, in each case as may be requested by the Debtors’ Chief Executive Officer. Effective as of February 1, 2024, the Restructuring Committee of the Boards of Directors of the Debtors approved that Mr. Pugh, in his capacity as the Debtors’ Chief Transformation Officer, shall assume all of the responsibilities, and the authority to act on behalf of the Debtors, of the Debtors’ acting Chief Financial Officer until a permanent Chief Financial Officer is appointed; Mr. Pugh, age 42, is a Senior Managing Director at FTI, a global consulting firm, where he has worked since 2017. Mr. Pugh earned a bachelor’s degree in finance and a master’s degree in finance and mathematics from Louisiana State University and an MBA from the University of Rochester. He is a chartered financial analyst and certified public accountant. FTI serves as financial advisor to the Company to support their contingency planning efforts.공시 • Feb 02Proterra Inc. Announces Board ChangesProterra Inc. announced that on February 1, 2024 in connection with the closing of the Powered Sale, Christopher L. Bailey resigned as Chief Business Officer, Jeffrey D. Embt resigned as Chief Accounting Officer and Julian R. Soell resigned as Chief Operating Officer of the Company, effective March 15, 2024. Mr. Soell’s resignation has been revised to take effect February 2, 2024. On February 1, 2024, in connection with the closing of the Powered Sale, Jeffrey E. Mitchell resigned as General Counsel of the Company.공시 • Jan 10Motion for Asset Sale Approved for Proterra Inc.The US Bankruptcy Court gave an order approving the sale of certain assets of Proterra Inc. and Proterra Operating Company, Inc. on January 9, 2024. The debtor has been authorized to sell its certain assets to Phoenix Motor, Inc. for a purchase price of $3.50 million. The debtor’s assets include certain assets of Proterra Transit excluding the Battery Leases.공시 • Dec 27Proterra Inc. Announces Resignation of Julian Soell as Chief Operating Officer, Effective March 15, 2024Proterra Inc. announced that Mr. Julian Soell notified the company of his resignation from his position as Chief Operating Officer of the Company, effective as of March 15, 2024. In connection with Mr. Soell’s resignation, he did not express any disagreement on any matter relating to the Company’s operations, policies or practices.더 많은 업데이트 보기Recent updates공시 • Mar 14+ 1 more updateProterra Inc. Files Form 15Proterra Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's common stock was $0.0001 per share.공시 • Feb 09Fourth Amended Joint Reorganization Plan and Disclosure Statement Filed by Proterra Inc.Proterra Inc. filed fourth amended joint plan of reorganization in the US Bankruptcy Court on February 8, 2024. As per the amended plan filed, there is no change in the treatment of any claim class.공시 • Feb 03Proterra Inc. Announces CFO ChangesProterra Inc. announced that on February 1, 2024, in connection with the closing of the Powered Sale, David S. Black resigned as Chief Financial Officer and appointment of Justin Derek Pugh as acting chief financial officer. Justin Pugh, has served as Chief Transformation Officer of the Debtors since August 7, 2023. In his capacity as Chief Transformation Officer of the Debtors, Mr. Pugh has authority to act on behalf of the Debtors in connection with activities related to operational analysis and reporting, negotiation with counterparties, in each case as may be requested by the Debtors’ Chief Executive Officer. Effective as of February 1, 2024, the Restructuring Committee of the Boards of Directors of the Debtors approved that Mr. Pugh, in his capacity as the Debtors’ Chief Transformation Officer, shall assume all of the responsibilities, and the authority to act on behalf of the Debtors, of the Debtors’ acting Chief Financial Officer until a permanent Chief Financial Officer is appointed; Mr. Pugh, age 42, is a Senior Managing Director at FTI, a global consulting firm, where he has worked since 2017. Mr. Pugh earned a bachelor’s degree in finance and a master’s degree in finance and mathematics from Louisiana State University and an MBA from the University of Rochester. He is a chartered financial analyst and certified public accountant. FTI serves as financial advisor to the Company to support their contingency planning efforts.공시 • Feb 02Proterra Inc. Announces Board ChangesProterra Inc. announced that on February 1, 2024 in connection with the closing of the Powered Sale, Christopher L. Bailey resigned as Chief Business Officer, Jeffrey D. Embt resigned as Chief Accounting Officer and Julian R. Soell resigned as Chief Operating Officer of the Company, effective March 15, 2024. Mr. Soell’s resignation has been revised to take effect February 2, 2024. On February 1, 2024, in connection with the closing of the Powered Sale, Jeffrey E. Mitchell resigned as General Counsel of the Company.공시 • Jan 10Motion for Asset Sale Approved for Proterra Inc.The US Bankruptcy Court gave an order approving the sale of certain assets of Proterra Inc. and Proterra Operating Company, Inc. on January 9, 2024. The debtor has been authorized to sell its certain assets to Phoenix Motor, Inc. for a purchase price of $3.50 million. The debtor’s assets include certain assets of Proterra Transit excluding the Battery Leases.공시 • Dec 27Proterra Inc. Announces Resignation of Julian Soell as Chief Operating Officer, Effective March 15, 2024Proterra Inc. announced that Mr. Julian Soell notified the company of his resignation from his position as Chief Operating Officer of the Company, effective as of March 15, 2024. In connection with Mr. Soell’s resignation, he did not express any disagreement on any matter relating to the Company’s operations, policies or practices.공시 • Sep 09Nasdaq to Delist the Common Stock of ProterraNasdaq announced that it will delist the common stock of Proterra Inc. Proterra Inc.’s securities were suspended on August 17, 2023, and have not traded on Nasdaq since that time.공시 • Sep 08Frank R. Cruz Announces Securities Fraud Lawsuit Against Proterra IncThe Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Proterra Inc. Class Period: August 11, 2021 – August 7, 2023. Lead Plaintiff Deadline: September 12, 2023. The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that: (1) the Company repeatedly stated the $523 million on their balance sheet meant the company had abundant liquidity and financial stability; (2) the new factory would continue to improve production efficiency and gross margins; and (3) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. To be a member of the class action need not take any action at this time; may retain counsel of choice or take no action and remain an absent member of the class action.공시 • Aug 25Bragar Eagel & Squire, P.C. Announces That a Class Action Lawsuit Has Been Filed Against Proterra, IncBragar Eagel & Squire, P.C. announced that a class action lawsuit has been filed against Proterra Inc. in the United States District Court for the Northern District of California on behalf of all persons and entities who purchased or otherwise acquired Proterra securities between August 2, 2022, and March 15, 2023, both dates inclusive (the “Class Period”). Investors have until September 12, 2023 to apply to the Court to be appointed as lead plaintiff in the lawsuit. On March 15, 2023, Proterra announced their quarterly earnings. In that announcement, the Company stated they were in violation of a liquidity clause in their secured convertible notes and that they may have to qualify an audit report with a “going concern” clause. The financial issues stemmed from an increase in cash burn because of a decrease in gross margin and an increase in accounts receivable during the relevant quarter. The complaint alleges that defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company repeatedly stated the $523 on their balance sheet meant the company had abundant liquidity and financial stability; and, (ii) the new factory in Greer, South Carolina would continue to improve production efficiency and gross margins.공시 • Aug 18Proterra Inc.(OTCPK:PTRA.Q) dropped from NASDAQ Transportation IndexProterra Inc. has been dropped from NASDAQ Transportation Index공시 • Aug 17Rain Oncology Inc., Proterra Inc., Bioxcel Therapeutics, Inc Announces Class Action UpdateJohnson Fistel, LLP, a law firm specializing in shareholder rights, has announced the initiation of class action lawsuits on behalf of investors of the following companies. Investors are encouraged to review the deadlines listed and submit their information. Class Period: July 20, 2021 and May 19, 2023. Lead Plaintiff Deadline: September 12, 2023. The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) the Company concealed risks inherent in the design of its Phase 3 MANTRA study particularly with regard to proceeding directly to Phase 3 from Phase 1; (2) as a result, the Company’s statements about the trial and the likelihood of FDA approval were materially misleading during the Class Period, and (3) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.The lawsuit alleges Proterra made materially false and/or misleading statements and/or failed to disclose material adverse facts, including: (i) Proterra repeatedly stated the $523 million of cash on its balance sheet meant Proterra had abundant liquidity and financial stability; and (ii) Proterra’s new Greer, South Carolina factory would continue to improve production efficiency and gross margins. BioXcel Therapeutics, Inc. (NASDAQ: BTAI). Class Period: December 15, 2021 and June 28, 2023; Lead Plaintiff Deadline: September 5, 2023; The BioXcel class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) BioXcel lacked adequate internal controls over protocol adherence and data integrity; (ii) as a result, BioXcel’s principal investigator failed to adhere to the informed consent form approved by the Institutional Review Board; (iii) BioXcel’s principal investigator failed to maintain adequate case histories for certain patients whose records were reviewed by the U.S. Food and Drug Administration (“FDA”); (iv) BioXcel’s principal investigator fabricated email correspondence with a pharmacovigilance safety vendor that was then provided to the FDA; and (v) the above would negatively impact BioXcel’s ability to obtain regulatory approval of BXCL501 for the treatment of agitation associated with dementia in patients with probable Alzheimer’s disease. A lead plaintiff will act on behalf of all other class members in directing the class-action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the class-action lawsuit. An investor's ability to share any potential future recovery of the class action lawsuit is not dependent upon serving as lead plaintiff.공시 • Aug 11+ 1 more updateProterra Inc.(NasdaqGS:PTRA) dropped from S&P Global BMI IndexProterra Inc.(NasdaqGS:PTRA) dropped from S&P Global BMI Index공시 • Aug 10Proterra Inc. Announces Executive AppointmentsProterra Inc. announced that on August 7, 2023, Jill Frizzley was elected as a director of the Board of the Company, effective immediately. With this election, the Company’s Board of Directors is comprised of 9 members. There is no agreement or understanding between Ms. Frizzley and any other person pursuant to which she was selected as a director. Ms. Frizzley has also been appointed as a member of the Restructuring Committee of the Board (the Restructuring Committee) and the Investigation Committee of the Board. The members of the Restructuring Committee are Jill Frizzley, Jan Hauser, Gareth Joyce, Mary Louise Krakauer, and Roger Nielsen. The Board has formed an Investigation Committee with Ms. Frizzley as the sole member. The Investigation Committee is vested with the power and authority of the Board to oversee and undertake certain investigations. On August 7, 2023, the Company appointed Justin D. Pugh, Managing Director of FTI Consulting, as Chief Transformation Officer of the Company. Mr. Pugh has joined the Company’s senior management team and will help facilitate the Company’s restructuring efforts.공시 • Aug 09+ 1 more updateProterra Inc. Receives Delisting Notice from NasdaqAs previously disclosed on August 7, 2023, Proterra Inc. (the Company") and its subsidiary Proterra Operating Company Inc. filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in theUnited States Bankruptcy Court for the District of Delaware (such court, the Bankruptcy Court" and such cases, the Chapter 11 Cases"). The Chapter 11 Cases are, pending an order authorizing joint administration by theBankruptcy Court, currently administered under the captions In re Proterra Inc, Case No. 23-11120 (BLS) (Bankr. D. Del. 2023) and In re Proterra Operating Company Inc., Case No. 23-11121 (BLS) (Bankr. D. Del. 2023),for the Company and Proterra Operating Company Inc. respectively. On August 8, 2023, the Company received written notice (the Delisting Notice") from the listing qualifications department staff of The Nasdaq Stock Market LLC (Nasdaq") notifying the Company that, in accordance with Nasdaq Listing Rules 5101, 5110(b), and IM-5101-1, the staff of Nasdaq has determined that the Company's securities will be delisted from Nasdaq. In the Delisting Notice, the staff of Nasdaq referenced the Chapter 11 filing and associated public interest concerns raised by it, concerns regarding the residual equity interest of the existing listed securities holders, and concerns about the Company's ability to sustain compliance with all requirements for continued listing on Nasdaq. The Company does not intend to appeal the delisting determination. Trading of the Company's common stock will be suspended at the opening of business on August 17, 2023 and a Form 25-NSE will be filed with the Securities and Exchange Commission, which will remove the Company's common stock from listing and registration on Nasdaq. As a result, the Company's common stock is expected to begin trading on the over-the-counter (OTC") market on August 17, 2023. On the OTC market, shares of the Company's common stock, which previously traded on Nasdaq under the symbol PTRA, are expected to trade under the symbol PTRAQ.공시 • Aug 08Motion for Joint Administration Filed by Proterra Inc.Proterra Inc., along with its affiliate, filed a motion for joint administration of their Chapter 11 bankruptcy cases in the US Bankruptcy Court on August 07, 2023. As per the motion, the debtor seeks the joint administration of the cases of its affiliate, Proterra Operating Company Inc., with its own case for administrative and procedural purposes. Proterra Inc. has been proposed as the lead debtor.공시 • Jul 15Levi & Korsinsky, LLP Files A Complaint to Recover Losses Suffered by Purchasers of Proterra IncLevi & Korsinsky, LLP filed a complaint to recover losses suffered by purchasers of Proterra Inc. Securities and Sets a Lead Plaintiff Deadline of September 12, 2023. On March 15, 2023, Proterra announced their quarterly earnings. In that announcement, the Company stated they were in violation of a liquidity clause in their secured convertible notes and that they may have to qualify an audit report with a “going concern” clause. The financial issues stemmed from an increase in cash burn because of a decrease in gross margin and an increase in accounts receivable during the relevant quarter. In response to the announcement, Proterra’s stock price substantially dropped from $2.51 per share to $1.16 per share, eliminating approximately $118 million in market capitalization in one day. The complaint alleges that defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company repeatedly stated the $523 on their balance sheet meant the company had abundant liquidity and financial stability; and, (ii) the new factory in Greer, South Carolina would continue to improve production efficiency and gross margins.공시 • Jun 09Proterra Inc. Announces Appointment of Jeffrey Embt as Chief Accounting OfficerProterra Inc. announced the appointment of Jeffrey Embt as Chief Accounting Officer (CAO), effective June 8, 2023. Mr. Embt brings nearly 20 years of corporate accounting and financial management experience to Proterra. Prior to joining Proterra, Mr. Embt served as Head of Finance of BWXT Medical, a manufacturer of radiopharmaceuticals, radiotherapies, and medical isotopes. He previously held roles in technical accounting with companies including BWX Technologies and within the audit practice of Deloitte. A Certified Public Accountant, Mr. Embt holds a Bachelor of Science in Accounting and Finance from Coastal Carolina University.공시 • May 12Proterra Inc. Announces Board ChangesProterra Inc. announced that Jack Allen’s term as Non-Executive Chairman and Member of Proterra’s Board of Directors will expire at the company’s annual stockholders’ meeting and he will retire from the Board. Proterra’s Board of Directors has reduced the size of the board from nine to eight directors effective upon the expiration of Mr. Allen’s term, and appointed Roger M. Nielsen as the company’s new Chairman of the Board, as of the annual meeting. Mr. Allen joined Proterra’s Board of Directors in 2017 after more than 30 years at Navistar International, the global truck and bus company. In addition to his role as Board Chairman, Mr. Allen served as Proterra’s Chief Executive Officer from March 2020 through December 2021. Mr. Allen subsequently assumed the role of Non-Executive Chairman on Proterra’s Board of Directors following his retirement as Proterra CEO in late 2021. Roger Nielsen was appointed to the Proterra Board of Directors in 2022 following his retirement from Daimler Truck, a leading global commercial vehicle manufacturer after a 35-year career that included serving as President and CEO of Daimler Truck North America. As a Proterra Board Director, Mr. Nielsen also serves on its Audit Committee.Recent Insider Transactions • Mar 31Chief Business Officer recently sold Mex$266k worth of stockOn the 27th of March, Christopher Bailey sold around 10k shares on-market at roughly Mex$27.86 per share. This transaction amounted to 2.9% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$2.1m. Insiders have been net sellers, collectively disposing of Mex$5.1m more than they bought in the last 12 months.Breakeven Date Change • Mar 29No longer forecast to breakevenThe 6 analysts covering Proterra no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$24.0m in 2025. New consensus forecast suggests the company will make a loss of US$72.2m in 2025.Board Change • Mar 29High number of new and inexperienced directorsThere are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. No experienced directors. No highly experienced directors. Independent Director Joan Robinson-Berry is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Mar 17Full year 2022 earnings released: US$1.06 loss per share (vs US$2.07 loss in FY 2021)Full year 2022 results: US$1.06 loss per share (improved from US$2.07 loss in FY 2021). Revenue: US$309.4m (up 27% from FY 2021). Net loss: US$238.0m (loss narrowed 4.8% from FY 2021). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Machinery industry in South America.Breakeven Date Change • Mar 17No longer forecast to breakevenThe 6 analysts covering Proterra no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$24.0m in 2025. New consensus forecast suggests the company will make a loss of US$72.2m in 2025.공시 • Feb 14Proterra Inc. Appoints Julian Soell as Chief Operating Officer and Chris Bailey as Chief Business Officer, Effective March 1, 2023Proterra Inc. announced the appointments of Julian Soell as Chief Operating Officer and Chris Bailey as Chief Business Officer effective March 1, 2023. As Chief Operating Officer, Julian will oversee all of Proterra’s manufacturing and plant operations, quality, and supply chain across the Company’s business units that includes Proterra Transit and Proterra Powered & Energy. In his role as Chief Business Officer, Chris will lead all commercial activities for Proterra including business development, sales and marketing, customer program management, as well as customer success and service. Previously President of Proterra Transit, Julian has more than 30 years of automotive and operational experience. Prior to joining Proterra, Julian most recently serving as Chief Operating Officer at Repairify. Previously, he held engineering leadership roles at automotive companies including Mercedes Benz USA, Ford Motor Company, and Harley-Davidson Motor Company. Outside of the automotive industry, Julian has also held large operational and customer service roles at Delta Air Lines. Chris Bailey most recently held the role of President of Proterra Powered & Energy. Chris is a technology and market development executive who, prior to joining Proterra, served in numerous customer-focused product management roles over 17 years with Hubbell Incorporated. At Hubbell, he most recently served as Vice President of Product Innovation and Technology Strategy and Vice President of Hubbell Integrated Solutions, responsible for product management and market development efforts for Hubbell’s integrated technology strategy.Recent Insider Transactions • Jan 26President recently sold Mex$2.1m worth of stockOn the 23rd of January, Gareth Joyce sold around 23k shares on-market at roughly Mex$94.35 per share. This transaction amounted to 6.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Gareth has been a net seller over the last 12 months, reducing personal holdings by Mex$2.5m.공시 • Jan 13Proterra Inc Produces Proterra Powered EV Battery At Its New Powered 1 Battery Manufacturing Plant Located in Greer, South CarolinaProterra Inc. announced that the company has produced the first Proterra Powered EV battery at its new Powered 1 battery manufacturing plant located in Greer, South Carolina. By achieving this end-to-end production milestone at Powered 1, Proterra is expected to begin deliveries to customers of Proterra Powered™ battery systems from the new battery factory in the first quarter of 2023. In addition, Powered 1 has started production of drivetrains and other ancillary systems incorporated into electric medium- and heavy-duty electric vehicles and equipment, such as high voltage junction boxes. Powered 1 is Proterra’s first purpose-built, high-volume battery production plant in the Eastern United States with multiple gigawatt hours of annual production capacity planned at the facility. Proterra has already created more than 100 new jobs at the 327,000 square foot battery plant, with roles including engineering, production, quality, and other positions within the company’s Proterra Powered & Energy business unit. By opening the company’s first battery factory in South Carolina Proterra is bringing state-of-the art battery production closer to its Proterra Powered customers on the East Coast, Europe, and its own Proterra Transit electric bus manufacturing operations in Greenville, South Carolina.Breakeven Date Change • Dec 31Forecast to breakeven in 2025The 6 analysts covering Proterra expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$24.0m in 2025. Average annual earnings growth of 50% is required to achieve expected profit on schedule.Board Change • Nov 16High number of new and inexperienced directorsThere are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. No experienced directors. No highly experienced directors. Independent Director Joan Robinson-Berry is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Nov 05Third quarter 2022 earnings released: US$0.29 loss per share (vs US$0.17 profit in 3Q 2021)Third quarter 2022 results: US$0.29 loss per share (down from US$0.17 profit in 3Q 2021). Revenue: US$96.2m (up 55% from 3Q 2021). Net loss: US$65.1m (down 279% from profit in 3Q 2021). Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Global Machinery industry.Recent Insider Transactions • Sep 08Chief Legal Officer recently sold Mex$424k worth of stockOn the 2nd of September, JoAnn Covington sold around 3k shares on-market at roughly Mex$121 per share. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$1.3m more than they bought in the last 12 months.Recent Insider Transactions • Sep 01President recently sold Mex$422k worth of stockOn the 26th of August, Gareth Joyce sold around 3k shares on-market at roughly Mex$124 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Gareth's only on-market trade for the last 12 months.Reported Earnings • Aug 03Second quarter 2022 earnings released: US$0.19 loss per share (vs US$4.24 loss in 2Q 2021)Second quarter 2022 results: US$0.19 loss per share (up from US$4.24 loss in 2Q 2021). Revenue: US$74.6m (up 28% from 2Q 2021). Net loss: US$41.8m (loss narrowed 78% from 2Q 2021). Over the next year, revenue is forecast to grow 63%, compared to a 36% growth forecast for the industry in Mexico.Board Change • Jul 18High number of new and inexperienced directorsThere are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. No experienced directors. No highly experienced directors. Independent Director Joan Robinson-Berry is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Recent Insider Transactions • Jun 02Insider recently sold Mex$448k worth of stockOn the 26th of May, Christopher Bailey sold around 4k shares on-market at roughly Mex$120 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Board Change • Jun 02High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. No highly experienced directors. Independent Director Joan Robinson-Berry is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Jan 06High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. Non-Executive Chairman Jack Allen is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS US$0.17 (vs US$10.11 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$61.9m (up 30% from 3Q 2020). Net income: US$36.3m (up US$83.2m from 3Q 2020). Profit margin: 59% (up from net loss in 3Q 2020). The move to profitability was primarily driven by lower expenses.Board Change • Nov 09High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. Chairman & CEO Jack Allen is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Aug 13Second quarter 2021 earnings released: US$4.24 loss per share (vs US$10.11 loss in 2Q 2020)The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: US$58.5m (up 23% from 2Q 2020). Net loss: US$189.0m (loss widened 303% from 2Q 2020).주주 수익률PTRA *MX MachineryMX 시장7D0%0%0%1Y-98.1%0%0%전체 주주 수익률 보기수익률 대 산업: PTRA *은 지난 1년 동안 -16.9%의 수익을 기록한 MX Machinery 산업보다 저조한 성과를 냈습니다.수익률 대 시장: PTRA *은 지난 1년 동안 15.7%를 기록한 MX 시장보다 저조한 성과를 냈습니다.주가 변동성Is PTRA *'s price volatile compared to industry and market?PTRA * volatilityPTRA * Average Weekly Movementn/aMachinery Industry Average Movement0%Market Average Movement0%10% most volatile stocks in MX Market0%10% least volatile stocks in MX Market0%안정적인 주가: PTRA *는 지난 3개월 동안 MX 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: Insufficient data to determine PTRA *의 변동성 변화를 판단할 수 없습니다.회사 소개설립직원 수CEO웹사이트20041,010Gareth Joycewww.proterra.com더 보기Proterra Inc. 기초 지표 요약Proterra의 순이익과 매출은 시가총액과 어떻게 비교됩니까?PTRA * 기초 통계시가총액Mex$279.52m순이익 (TTM)-Mex$6.15b매출 (TTM)Mex$5.81b0.0x주가매출비율(P/S)0.0x주가수익비율(P/E)PTRA *는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표PTRA * 손익계산서 (TTM)매출US$331.39m매출원가US$382.03m총이익-US$50.64m기타 비용US$300.10m순이익-US$350.74m최근 보고된 실적Sep 30, 2023다음 실적 발표일해당 없음주당순이익(EPS)-1.54총이익률-15.28%순이익률-105.84%부채/자본 비율65.0%PTRA *의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2023/11/06 00:43종가2023/08/10 00:00수익2023/09/30연간 수익2022/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Proterra Inc.는 6명의 분석가가 다루고 있습니다. 이 중 명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Brian JohnsonBarclaysSherif El-SabbahyBofA Global ResearchItay MichaeliCitigroup Inc3명의 분석가 더 보기
공시 • Mar 14+ 1 more updateProterra Inc. Files Form 15Proterra Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's common stock was $0.0001 per share.
공시 • Feb 09Fourth Amended Joint Reorganization Plan and Disclosure Statement Filed by Proterra Inc.Proterra Inc. filed fourth amended joint plan of reorganization in the US Bankruptcy Court on February 8, 2024. As per the amended plan filed, there is no change in the treatment of any claim class.
공시 • Feb 03Proterra Inc. Announces CFO ChangesProterra Inc. announced that on February 1, 2024, in connection with the closing of the Powered Sale, David S. Black resigned as Chief Financial Officer and appointment of Justin Derek Pugh as acting chief financial officer. Justin Pugh, has served as Chief Transformation Officer of the Debtors since August 7, 2023. In his capacity as Chief Transformation Officer of the Debtors, Mr. Pugh has authority to act on behalf of the Debtors in connection with activities related to operational analysis and reporting, negotiation with counterparties, in each case as may be requested by the Debtors’ Chief Executive Officer. Effective as of February 1, 2024, the Restructuring Committee of the Boards of Directors of the Debtors approved that Mr. Pugh, in his capacity as the Debtors’ Chief Transformation Officer, shall assume all of the responsibilities, and the authority to act on behalf of the Debtors, of the Debtors’ acting Chief Financial Officer until a permanent Chief Financial Officer is appointed; Mr. Pugh, age 42, is a Senior Managing Director at FTI, a global consulting firm, where he has worked since 2017. Mr. Pugh earned a bachelor’s degree in finance and a master’s degree in finance and mathematics from Louisiana State University and an MBA from the University of Rochester. He is a chartered financial analyst and certified public accountant. FTI serves as financial advisor to the Company to support their contingency planning efforts.
공시 • Feb 02Proterra Inc. Announces Board ChangesProterra Inc. announced that on February 1, 2024 in connection with the closing of the Powered Sale, Christopher L. Bailey resigned as Chief Business Officer, Jeffrey D. Embt resigned as Chief Accounting Officer and Julian R. Soell resigned as Chief Operating Officer of the Company, effective March 15, 2024. Mr. Soell’s resignation has been revised to take effect February 2, 2024. On February 1, 2024, in connection with the closing of the Powered Sale, Jeffrey E. Mitchell resigned as General Counsel of the Company.
공시 • Jan 10Motion for Asset Sale Approved for Proterra Inc.The US Bankruptcy Court gave an order approving the sale of certain assets of Proterra Inc. and Proterra Operating Company, Inc. on January 9, 2024. The debtor has been authorized to sell its certain assets to Phoenix Motor, Inc. for a purchase price of $3.50 million. The debtor’s assets include certain assets of Proterra Transit excluding the Battery Leases.
공시 • Dec 27Proterra Inc. Announces Resignation of Julian Soell as Chief Operating Officer, Effective March 15, 2024Proterra Inc. announced that Mr. Julian Soell notified the company of his resignation from his position as Chief Operating Officer of the Company, effective as of March 15, 2024. In connection with Mr. Soell’s resignation, he did not express any disagreement on any matter relating to the Company’s operations, policies or practices.
공시 • Mar 14+ 1 more updateProterra Inc. Files Form 15Proterra Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's common stock was $0.0001 per share.
공시 • Feb 09Fourth Amended Joint Reorganization Plan and Disclosure Statement Filed by Proterra Inc.Proterra Inc. filed fourth amended joint plan of reorganization in the US Bankruptcy Court on February 8, 2024. As per the amended plan filed, there is no change in the treatment of any claim class.
공시 • Feb 03Proterra Inc. Announces CFO ChangesProterra Inc. announced that on February 1, 2024, in connection with the closing of the Powered Sale, David S. Black resigned as Chief Financial Officer and appointment of Justin Derek Pugh as acting chief financial officer. Justin Pugh, has served as Chief Transformation Officer of the Debtors since August 7, 2023. In his capacity as Chief Transformation Officer of the Debtors, Mr. Pugh has authority to act on behalf of the Debtors in connection with activities related to operational analysis and reporting, negotiation with counterparties, in each case as may be requested by the Debtors’ Chief Executive Officer. Effective as of February 1, 2024, the Restructuring Committee of the Boards of Directors of the Debtors approved that Mr. Pugh, in his capacity as the Debtors’ Chief Transformation Officer, shall assume all of the responsibilities, and the authority to act on behalf of the Debtors, of the Debtors’ acting Chief Financial Officer until a permanent Chief Financial Officer is appointed; Mr. Pugh, age 42, is a Senior Managing Director at FTI, a global consulting firm, where he has worked since 2017. Mr. Pugh earned a bachelor’s degree in finance and a master’s degree in finance and mathematics from Louisiana State University and an MBA from the University of Rochester. He is a chartered financial analyst and certified public accountant. FTI serves as financial advisor to the Company to support their contingency planning efforts.
공시 • Feb 02Proterra Inc. Announces Board ChangesProterra Inc. announced that on February 1, 2024 in connection with the closing of the Powered Sale, Christopher L. Bailey resigned as Chief Business Officer, Jeffrey D. Embt resigned as Chief Accounting Officer and Julian R. Soell resigned as Chief Operating Officer of the Company, effective March 15, 2024. Mr. Soell’s resignation has been revised to take effect February 2, 2024. On February 1, 2024, in connection with the closing of the Powered Sale, Jeffrey E. Mitchell resigned as General Counsel of the Company.
공시 • Jan 10Motion for Asset Sale Approved for Proterra Inc.The US Bankruptcy Court gave an order approving the sale of certain assets of Proterra Inc. and Proterra Operating Company, Inc. on January 9, 2024. The debtor has been authorized to sell its certain assets to Phoenix Motor, Inc. for a purchase price of $3.50 million. The debtor’s assets include certain assets of Proterra Transit excluding the Battery Leases.
공시 • Dec 27Proterra Inc. Announces Resignation of Julian Soell as Chief Operating Officer, Effective March 15, 2024Proterra Inc. announced that Mr. Julian Soell notified the company of his resignation from his position as Chief Operating Officer of the Company, effective as of March 15, 2024. In connection with Mr. Soell’s resignation, he did not express any disagreement on any matter relating to the Company’s operations, policies or practices.
공시 • Sep 09Nasdaq to Delist the Common Stock of ProterraNasdaq announced that it will delist the common stock of Proterra Inc. Proterra Inc.’s securities were suspended on August 17, 2023, and have not traded on Nasdaq since that time.
공시 • Sep 08Frank R. Cruz Announces Securities Fraud Lawsuit Against Proterra IncThe Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Proterra Inc. Class Period: August 11, 2021 – August 7, 2023. Lead Plaintiff Deadline: September 12, 2023. The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that: (1) the Company repeatedly stated the $523 million on their balance sheet meant the company had abundant liquidity and financial stability; (2) the new factory would continue to improve production efficiency and gross margins; and (3) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. To be a member of the class action need not take any action at this time; may retain counsel of choice or take no action and remain an absent member of the class action.
공시 • Aug 25Bragar Eagel & Squire, P.C. Announces That a Class Action Lawsuit Has Been Filed Against Proterra, IncBragar Eagel & Squire, P.C. announced that a class action lawsuit has been filed against Proterra Inc. in the United States District Court for the Northern District of California on behalf of all persons and entities who purchased or otherwise acquired Proterra securities between August 2, 2022, and March 15, 2023, both dates inclusive (the “Class Period”). Investors have until September 12, 2023 to apply to the Court to be appointed as lead plaintiff in the lawsuit. On March 15, 2023, Proterra announced their quarterly earnings. In that announcement, the Company stated they were in violation of a liquidity clause in their secured convertible notes and that they may have to qualify an audit report with a “going concern” clause. The financial issues stemmed from an increase in cash burn because of a decrease in gross margin and an increase in accounts receivable during the relevant quarter. The complaint alleges that defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company repeatedly stated the $523 on their balance sheet meant the company had abundant liquidity and financial stability; and, (ii) the new factory in Greer, South Carolina would continue to improve production efficiency and gross margins.
공시 • Aug 18Proterra Inc.(OTCPK:PTRA.Q) dropped from NASDAQ Transportation IndexProterra Inc. has been dropped from NASDAQ Transportation Index
공시 • Aug 17Rain Oncology Inc., Proterra Inc., Bioxcel Therapeutics, Inc Announces Class Action UpdateJohnson Fistel, LLP, a law firm specializing in shareholder rights, has announced the initiation of class action lawsuits on behalf of investors of the following companies. Investors are encouraged to review the deadlines listed and submit their information. Class Period: July 20, 2021 and May 19, 2023. Lead Plaintiff Deadline: September 12, 2023. The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) the Company concealed risks inherent in the design of its Phase 3 MANTRA study particularly with regard to proceeding directly to Phase 3 from Phase 1; (2) as a result, the Company’s statements about the trial and the likelihood of FDA approval were materially misleading during the Class Period, and (3) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.The lawsuit alleges Proterra made materially false and/or misleading statements and/or failed to disclose material adverse facts, including: (i) Proterra repeatedly stated the $523 million of cash on its balance sheet meant Proterra had abundant liquidity and financial stability; and (ii) Proterra’s new Greer, South Carolina factory would continue to improve production efficiency and gross margins. BioXcel Therapeutics, Inc. (NASDAQ: BTAI). Class Period: December 15, 2021 and June 28, 2023; Lead Plaintiff Deadline: September 5, 2023; The BioXcel class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) BioXcel lacked adequate internal controls over protocol adherence and data integrity; (ii) as a result, BioXcel’s principal investigator failed to adhere to the informed consent form approved by the Institutional Review Board; (iii) BioXcel’s principal investigator failed to maintain adequate case histories for certain patients whose records were reviewed by the U.S. Food and Drug Administration (“FDA”); (iv) BioXcel’s principal investigator fabricated email correspondence with a pharmacovigilance safety vendor that was then provided to the FDA; and (v) the above would negatively impact BioXcel’s ability to obtain regulatory approval of BXCL501 for the treatment of agitation associated with dementia in patients with probable Alzheimer’s disease. A lead plaintiff will act on behalf of all other class members in directing the class-action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the class-action lawsuit. An investor's ability to share any potential future recovery of the class action lawsuit is not dependent upon serving as lead plaintiff.
공시 • Aug 11+ 1 more updateProterra Inc.(NasdaqGS:PTRA) dropped from S&P Global BMI IndexProterra Inc.(NasdaqGS:PTRA) dropped from S&P Global BMI Index
공시 • Aug 10Proterra Inc. Announces Executive AppointmentsProterra Inc. announced that on August 7, 2023, Jill Frizzley was elected as a director of the Board of the Company, effective immediately. With this election, the Company’s Board of Directors is comprised of 9 members. There is no agreement or understanding between Ms. Frizzley and any other person pursuant to which she was selected as a director. Ms. Frizzley has also been appointed as a member of the Restructuring Committee of the Board (the Restructuring Committee) and the Investigation Committee of the Board. The members of the Restructuring Committee are Jill Frizzley, Jan Hauser, Gareth Joyce, Mary Louise Krakauer, and Roger Nielsen. The Board has formed an Investigation Committee with Ms. Frizzley as the sole member. The Investigation Committee is vested with the power and authority of the Board to oversee and undertake certain investigations. On August 7, 2023, the Company appointed Justin D. Pugh, Managing Director of FTI Consulting, as Chief Transformation Officer of the Company. Mr. Pugh has joined the Company’s senior management team and will help facilitate the Company’s restructuring efforts.
공시 • Aug 09+ 1 more updateProterra Inc. Receives Delisting Notice from NasdaqAs previously disclosed on August 7, 2023, Proterra Inc. (the Company") and its subsidiary Proterra Operating Company Inc. filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in theUnited States Bankruptcy Court for the District of Delaware (such court, the Bankruptcy Court" and such cases, the Chapter 11 Cases"). The Chapter 11 Cases are, pending an order authorizing joint administration by theBankruptcy Court, currently administered under the captions In re Proterra Inc, Case No. 23-11120 (BLS) (Bankr. D. Del. 2023) and In re Proterra Operating Company Inc., Case No. 23-11121 (BLS) (Bankr. D. Del. 2023),for the Company and Proterra Operating Company Inc. respectively. On August 8, 2023, the Company received written notice (the Delisting Notice") from the listing qualifications department staff of The Nasdaq Stock Market LLC (Nasdaq") notifying the Company that, in accordance with Nasdaq Listing Rules 5101, 5110(b), and IM-5101-1, the staff of Nasdaq has determined that the Company's securities will be delisted from Nasdaq. In the Delisting Notice, the staff of Nasdaq referenced the Chapter 11 filing and associated public interest concerns raised by it, concerns regarding the residual equity interest of the existing listed securities holders, and concerns about the Company's ability to sustain compliance with all requirements for continued listing on Nasdaq. The Company does not intend to appeal the delisting determination. Trading of the Company's common stock will be suspended at the opening of business on August 17, 2023 and a Form 25-NSE will be filed with the Securities and Exchange Commission, which will remove the Company's common stock from listing and registration on Nasdaq. As a result, the Company's common stock is expected to begin trading on the over-the-counter (OTC") market on August 17, 2023. On the OTC market, shares of the Company's common stock, which previously traded on Nasdaq under the symbol PTRA, are expected to trade under the symbol PTRAQ.
공시 • Aug 08Motion for Joint Administration Filed by Proterra Inc.Proterra Inc., along with its affiliate, filed a motion for joint administration of their Chapter 11 bankruptcy cases in the US Bankruptcy Court on August 07, 2023. As per the motion, the debtor seeks the joint administration of the cases of its affiliate, Proterra Operating Company Inc., with its own case for administrative and procedural purposes. Proterra Inc. has been proposed as the lead debtor.
공시 • Jul 15Levi & Korsinsky, LLP Files A Complaint to Recover Losses Suffered by Purchasers of Proterra IncLevi & Korsinsky, LLP filed a complaint to recover losses suffered by purchasers of Proterra Inc. Securities and Sets a Lead Plaintiff Deadline of September 12, 2023. On March 15, 2023, Proterra announced their quarterly earnings. In that announcement, the Company stated they were in violation of a liquidity clause in their secured convertible notes and that they may have to qualify an audit report with a “going concern” clause. The financial issues stemmed from an increase in cash burn because of a decrease in gross margin and an increase in accounts receivable during the relevant quarter. In response to the announcement, Proterra’s stock price substantially dropped from $2.51 per share to $1.16 per share, eliminating approximately $118 million in market capitalization in one day. The complaint alleges that defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company repeatedly stated the $523 on their balance sheet meant the company had abundant liquidity and financial stability; and, (ii) the new factory in Greer, South Carolina would continue to improve production efficiency and gross margins.
공시 • Jun 09Proterra Inc. Announces Appointment of Jeffrey Embt as Chief Accounting OfficerProterra Inc. announced the appointment of Jeffrey Embt as Chief Accounting Officer (CAO), effective June 8, 2023. Mr. Embt brings nearly 20 years of corporate accounting and financial management experience to Proterra. Prior to joining Proterra, Mr. Embt served as Head of Finance of BWXT Medical, a manufacturer of radiopharmaceuticals, radiotherapies, and medical isotopes. He previously held roles in technical accounting with companies including BWX Technologies and within the audit practice of Deloitte. A Certified Public Accountant, Mr. Embt holds a Bachelor of Science in Accounting and Finance from Coastal Carolina University.
공시 • May 12Proterra Inc. Announces Board ChangesProterra Inc. announced that Jack Allen’s term as Non-Executive Chairman and Member of Proterra’s Board of Directors will expire at the company’s annual stockholders’ meeting and he will retire from the Board. Proterra’s Board of Directors has reduced the size of the board from nine to eight directors effective upon the expiration of Mr. Allen’s term, and appointed Roger M. Nielsen as the company’s new Chairman of the Board, as of the annual meeting. Mr. Allen joined Proterra’s Board of Directors in 2017 after more than 30 years at Navistar International, the global truck and bus company. In addition to his role as Board Chairman, Mr. Allen served as Proterra’s Chief Executive Officer from March 2020 through December 2021. Mr. Allen subsequently assumed the role of Non-Executive Chairman on Proterra’s Board of Directors following his retirement as Proterra CEO in late 2021. Roger Nielsen was appointed to the Proterra Board of Directors in 2022 following his retirement from Daimler Truck, a leading global commercial vehicle manufacturer after a 35-year career that included serving as President and CEO of Daimler Truck North America. As a Proterra Board Director, Mr. Nielsen also serves on its Audit Committee.
Recent Insider Transactions • Mar 31Chief Business Officer recently sold Mex$266k worth of stockOn the 27th of March, Christopher Bailey sold around 10k shares on-market at roughly Mex$27.86 per share. This transaction amounted to 2.9% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$2.1m. Insiders have been net sellers, collectively disposing of Mex$5.1m more than they bought in the last 12 months.
Breakeven Date Change • Mar 29No longer forecast to breakevenThe 6 analysts covering Proterra no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$24.0m in 2025. New consensus forecast suggests the company will make a loss of US$72.2m in 2025.
Board Change • Mar 29High number of new and inexperienced directorsThere are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. No experienced directors. No highly experienced directors. Independent Director Joan Robinson-Berry is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Mar 17Full year 2022 earnings released: US$1.06 loss per share (vs US$2.07 loss in FY 2021)Full year 2022 results: US$1.06 loss per share (improved from US$2.07 loss in FY 2021). Revenue: US$309.4m (up 27% from FY 2021). Net loss: US$238.0m (loss narrowed 4.8% from FY 2021). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Machinery industry in South America.
Breakeven Date Change • Mar 17No longer forecast to breakevenThe 6 analysts covering Proterra no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$24.0m in 2025. New consensus forecast suggests the company will make a loss of US$72.2m in 2025.
공시 • Feb 14Proterra Inc. Appoints Julian Soell as Chief Operating Officer and Chris Bailey as Chief Business Officer, Effective March 1, 2023Proterra Inc. announced the appointments of Julian Soell as Chief Operating Officer and Chris Bailey as Chief Business Officer effective March 1, 2023. As Chief Operating Officer, Julian will oversee all of Proterra’s manufacturing and plant operations, quality, and supply chain across the Company’s business units that includes Proterra Transit and Proterra Powered & Energy. In his role as Chief Business Officer, Chris will lead all commercial activities for Proterra including business development, sales and marketing, customer program management, as well as customer success and service. Previously President of Proterra Transit, Julian has more than 30 years of automotive and operational experience. Prior to joining Proterra, Julian most recently serving as Chief Operating Officer at Repairify. Previously, he held engineering leadership roles at automotive companies including Mercedes Benz USA, Ford Motor Company, and Harley-Davidson Motor Company. Outside of the automotive industry, Julian has also held large operational and customer service roles at Delta Air Lines. Chris Bailey most recently held the role of President of Proterra Powered & Energy. Chris is a technology and market development executive who, prior to joining Proterra, served in numerous customer-focused product management roles over 17 years with Hubbell Incorporated. At Hubbell, he most recently served as Vice President of Product Innovation and Technology Strategy and Vice President of Hubbell Integrated Solutions, responsible for product management and market development efforts for Hubbell’s integrated technology strategy.
Recent Insider Transactions • Jan 26President recently sold Mex$2.1m worth of stockOn the 23rd of January, Gareth Joyce sold around 23k shares on-market at roughly Mex$94.35 per share. This transaction amounted to 6.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Gareth has been a net seller over the last 12 months, reducing personal holdings by Mex$2.5m.
공시 • Jan 13Proterra Inc Produces Proterra Powered EV Battery At Its New Powered 1 Battery Manufacturing Plant Located in Greer, South CarolinaProterra Inc. announced that the company has produced the first Proterra Powered EV battery at its new Powered 1 battery manufacturing plant located in Greer, South Carolina. By achieving this end-to-end production milestone at Powered 1, Proterra is expected to begin deliveries to customers of Proterra Powered™ battery systems from the new battery factory in the first quarter of 2023. In addition, Powered 1 has started production of drivetrains and other ancillary systems incorporated into electric medium- and heavy-duty electric vehicles and equipment, such as high voltage junction boxes. Powered 1 is Proterra’s first purpose-built, high-volume battery production plant in the Eastern United States with multiple gigawatt hours of annual production capacity planned at the facility. Proterra has already created more than 100 new jobs at the 327,000 square foot battery plant, with roles including engineering, production, quality, and other positions within the company’s Proterra Powered & Energy business unit. By opening the company’s first battery factory in South Carolina Proterra is bringing state-of-the art battery production closer to its Proterra Powered customers on the East Coast, Europe, and its own Proterra Transit electric bus manufacturing operations in Greenville, South Carolina.
Breakeven Date Change • Dec 31Forecast to breakeven in 2025The 6 analysts covering Proterra expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$24.0m in 2025. Average annual earnings growth of 50% is required to achieve expected profit on schedule.
Board Change • Nov 16High number of new and inexperienced directorsThere are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. No experienced directors. No highly experienced directors. Independent Director Joan Robinson-Berry is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Nov 05Third quarter 2022 earnings released: US$0.29 loss per share (vs US$0.17 profit in 3Q 2021)Third quarter 2022 results: US$0.29 loss per share (down from US$0.17 profit in 3Q 2021). Revenue: US$96.2m (up 55% from 3Q 2021). Net loss: US$65.1m (down 279% from profit in 3Q 2021). Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Global Machinery industry.
Recent Insider Transactions • Sep 08Chief Legal Officer recently sold Mex$424k worth of stockOn the 2nd of September, JoAnn Covington sold around 3k shares on-market at roughly Mex$121 per share. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$1.3m more than they bought in the last 12 months.
Recent Insider Transactions • Sep 01President recently sold Mex$422k worth of stockOn the 26th of August, Gareth Joyce sold around 3k shares on-market at roughly Mex$124 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Gareth's only on-market trade for the last 12 months.
Reported Earnings • Aug 03Second quarter 2022 earnings released: US$0.19 loss per share (vs US$4.24 loss in 2Q 2021)Second quarter 2022 results: US$0.19 loss per share (up from US$4.24 loss in 2Q 2021). Revenue: US$74.6m (up 28% from 2Q 2021). Net loss: US$41.8m (loss narrowed 78% from 2Q 2021). Over the next year, revenue is forecast to grow 63%, compared to a 36% growth forecast for the industry in Mexico.
Board Change • Jul 18High number of new and inexperienced directorsThere are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. No experienced directors. No highly experienced directors. Independent Director Joan Robinson-Berry is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Recent Insider Transactions • Jun 02Insider recently sold Mex$448k worth of stockOn the 26th of May, Christopher Bailey sold around 4k shares on-market at roughly Mex$120 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Board Change • Jun 02High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. No highly experienced directors. Independent Director Joan Robinson-Berry is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Jan 06High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. Non-Executive Chairman Jack Allen is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS US$0.17 (vs US$10.11 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$61.9m (up 30% from 3Q 2020). Net income: US$36.3m (up US$83.2m from 3Q 2020). Profit margin: 59% (up from net loss in 3Q 2020). The move to profitability was primarily driven by lower expenses.
Board Change • Nov 09High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. Chairman & CEO Jack Allen is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Aug 13Second quarter 2021 earnings released: US$4.24 loss per share (vs US$10.11 loss in 2Q 2020)The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: US$58.5m (up 23% from 2Q 2020). Net loss: US$189.0m (loss widened 303% from 2Q 2020).
