Span Inc. (SPAN) is a technology company that provides smart electrical systems to homeowners, businesses, and utilities. The company's products are designed to make it easier for customers to monitor and manage their energy usage, reduce their carbon footprint, and save money on their energy bills.
In terms of financial performance, Span Inc. reported revenues of $11.7 million in 2021, an increase of 382% compared to the previous year. The company also reported a net loss of $50.4 million in 2021, compared to a net loss of $21.2 million in the previous year. The EPS for Span Inc. in 2021 was -$1.62, compared to a loss per share of -$1.04 in the previous year.
Over the past year, SPAN stock has been trading in the range of $6.01 to $23.33 per share, and as of the close of trading on February 18, 2023, the stock price was $12.04 per share.
Span Inc. has a strong focus on sustainability and has designed its products to help customers reduce their environmental impact. The company has also been focused on improving its operational efficiency and reducing costs while expanding its product offerings.
The energy industry is rapidly evolving, and there is a growing demand for clean energy solutions. Span Inc. is well positioned to benefit from this trend, as its products enable customers to reduce their energy usage and adopt more sustainable energy practices. With a growing customer base and a commitment to innovation, Span Inc. has the potential to be a strong investment opportunity for those interested in the clean energy sector.
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