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Correlate Energy OTCPK:CIPI Stock Report

Last Price

US$0.11

Market Cap

US$8.5m

7D

-8.3%

1Y

-92.1%

Updated

28 Nov, 2024

Data

Company Financials

CIPI Stock Overview

A technology-enabled vertically integrated sales, development, and fulfillment platform, focuses on providing distributed clean and resilient energy solutions in North America. More details

CIPI fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

Correlate Energy Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Correlate Energy
Historical stock prices
Current Share PriceUS$0.11
52 Week HighUS$2.29
52 Week LowUS$0.05
Beta-0.38
11 Month Change-60.00%
3 Month Change-63.16%
1 Year Change-92.14%
33 Year Change-89.11%
5 Year Changen/a
Change since IPO-94.62%

Recent News & Updates

Recent updates

Shareholder Returns

CIPIUS Professional ServicesUS Market
7D-8.3%5.0%2.0%
1Y-92.1%23.8%32.4%

Return vs Industry: CIPI underperformed the US Professional Services industry which returned 23.8% over the past year.

Return vs Market: CIPI underperformed the US Market which returned 32.4% over the past year.

Price Volatility

Is CIPI's price volatile compared to industry and market?
CIPI volatility
CIPI Average Weekly Movement76.2%
Professional Services Industry Average Movement5.5%
Market Average Movement6.3%
10% most volatile stocks in US Market15.9%
10% least volatile stocks in US Market3.1%

Stable Share Price: CIPI's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: CIPI's weekly volatility has increased from 52% to 76% over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a19Flaviu Forgaciuwww.correlate.energy

Correlate Energy Corp., a technology-enabled vertically integrated sales, development, and fulfillment platform, focuses on providing distributed clean and resilient energy solutions in North America. The company also offers consulting services on acquisitions and project development tools in the commercial solar industry. Its central management platform is a SaaS-based building relationship manager that connects data and solution applications for up to 90% faster energy decisions.

Correlate Energy Corp. Fundamentals Summary

How do Correlate Energy's earnings and revenue compare to its market cap?
CIPI fundamental statistics
Market capUS$8.51m
Earnings (TTM)-US$33.42m
Revenue (TTM)US$9.26m

0.9x

P/S Ratio

-0.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CIPI income statement (TTM)
RevenueUS$9.26m
Cost of RevenueUS$9.95m
Gross Profit-US$688.74k
Other ExpensesUS$32.73m
Earnings-US$33.42m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.43
Gross Margin-7.44%
Net Profit Margin-360.93%
Debt/Equity Ratio-35.4%

How did CIPI perform over the long term?

See historical performance and comparison