HLGN - Heliogen, Inc. Stock Price, Fair Value and News

1.20USD-0.25 (-17.24%)Delayed as of 22 Apr 2024, 11:26 am ET

Market Summary

USD1.20-0.25

Delayedas of 22 Apr 2024, 11:26 am

-17.24%

HLGN Stock Price

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HLGN RSI Chart

HLGN Valuation

Market Cap

8.7M

Price/Earnings (Trailing)

-0.07

Price/Sales (Trailing)

1.95

EV/EBITDA

0.42

Price/Free Cashflow

-0.12

HLGN Price/Sales (Trailing)

HLGN Profitability

Operating Margin

-1250.91%

EBT Margin

-2915.57%

Return on Equity

1.6K%

Return on Assets

-121.08%

Free Cashflow Yield

-841.59%

HLGN Fundamentals

HLGN Revenue

Revenue (TTM)

4.4M

Rev. Growth (Yr)

-26.68%

Rev. Growth (Qtr)

63.06%

HLGN Earnings

Earnings (TTM)

-129.6M

Earnings Growth (Yr)

-125.24%

Earnings Growth (Qtr)

-324.35%

Breaking Down HLGN Revenue

52 Week Range

1.26

(Low)(High)

Last 7 days

3.6%

Last 30 days

3.6%

How does HLGN drawdown profile look like?

HLGN Financial Health

Current Ratio

0.82

Debt/Equity

Debt/Cashflow

-3.3K

HLGN Investor Care

Shares Dilution (1Y)

6.76%

Diluted EPS (TTM)

-22.22

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	12.1M	11.2M	10.3M	4.4M
2022	10.4M	11.9M	12.8M	13.8M
2021	2.0M	3.8M	5.6M	7.4M
2020	0	0	0	200.0K

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Heliogen, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 15, 2024	morris robert phelps	acquired	-	-	75,000	chief financial officer
Mar 15, 2024	siu wilda	sold (taxes)	-474	1.45	-327	chief accounting officer
Mar 15, 2024	doyle thomas p.	sold (taxes)	-516	1.38558	-373	chief commercial officer
Mar 15, 2024	obiaya christiana	sold (taxes)	-1,515	1.42737	-1,062	chief executive officer
Mar 01, 2024	siu wilda	sold (taxes)	-57.6	1.6	-36.00	chief accounting officer
Feb 15, 2024	gross william	sold	-672,072	1.5195	-442,298	-
Feb 15, 2024	nant capital, llc	bought	672,072	1.5195	442,298	-
Dec 15, 2023	doyle thomas p.	sold (taxes)	-1,183	1.93402	-612	chief commercial officer
Dec 15, 2023	obiaya christiana	sold (taxes)	-3,524	2.02225	-1,743	chief executive officer
Dec 15, 2023	rosser kelly	sold (taxes)	-2,072	2.07	-1,001	chief accounting officer

Which funds bought or sold HLGN recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 10, 2024	Partnership Wealth Management, LLC	unchanged	-	-1.00	41.00	-%
Mar 11, 2024	VANGUARD GROUP INC	sold off	-100	-694,857	-	-%
Feb 15, 2024	Corbin Capital Partners, L.P.	sold off	-100	-19,325	-	-%
Feb 15, 2024	JANE STREET GROUP, LLC	sold off	-100	-4,535	-	-%
Feb 14, 2024	D. E. Shaw & Co., Inc.	sold off	-100	-8,949	-	-%
Feb 14, 2024	Royal Bank of Canada	sold off	-100	-5,000	-	-%
Feb 14, 2024	SCOGGIN MANAGEMENT LP	sold off	-100	-67,499	-	-%
Feb 14, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	sold off	-100	-56,700	-	-%
Feb 14, 2024	CAZ INVESTMENTS LP	sold off	-100	-5,000	-	-%

Are Funds Buying or Selling HLGN?

Are funds buying HLGN calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own HLGN

No. of Funds

Unveiling Heliogen, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 23, 2024	cambridge equities, lp	7.49%	442,298	SC 13D
Feb 20, 2024	gross william	2.4%	142,775	SC 13D/A
Feb 12, 2024	neotribe ventures i, l.p.	0.0%	0	SC 13G/A
Feb 07, 2024	prime movers lab fund i lp	0.0%	-	SC 13D/A
Jul 06, 2023	gross william	10.0%	20,474,747	SC 13D/A
Jul 06, 2023	prime movers lab fund i lp	5.3%	-	SC 13D/A
Jun 20, 2023	gross william	11.7%	23,943,922	SC 13D/A
Jun 20, 2023	nant capital, llc	16.2%	31,901,165	SC 13G/A
Jun 15, 2023	prime movers lab fund i lp	5.3%	-	SC 13D/A
Jun 12, 2023	gross william	11.6%	23,943,922	SC 13D/A

Recent SEC filings of Heliogen, Inc.

View All Filings

Date Filed	Form Type	Document
Apr 17, 2024	4	Insider Trading
Apr 16, 2024	8-A12B/A	8-A12B/A
Apr 16, 2024	8-K	Current Report
Apr 05, 2024	3	Insider Trading
Mar 26, 2024	10-K	Annual Report
Mar 26, 2024	S-8	Employee Benefits Plan
Mar 25, 2024	8-K	Current Report
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading

Peers (Alternatives to Heliogen, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AEP	43.7B	19.0B	1.67%	-9.92%	19.75	2.3	-3.35%	-4.03%
AWK	23.1B	4.2B	0.36%	-20.79%	24.45	5.45	11.66%	15.12%
AEE	19.7B	7.5B	2.55%	-17.44%	17.01	2.62	-5.74%	7.23%
ATO	17.7B	3.9B	0.64%	1.28%	19.11	4.48	-15.47%	16.09%
NRG	14.6B	28.8B	4.24%	102.46%	-72.08	0.51	-8.62%	-116.54%
AGR	14.3B	8.3B	2.87%	-9.05%	18.15	1.72	4.87%	-10.78%
AES	11.7B	12.7B	5.60%	-30.23%	58.43	0.92	0.40%	141.39%
CPK	2.3B	670.6M	-0.25%	-18.82%	26.73	3.48	-1.48%	-2.88%
MID-CAP
PNW	8.4B	4.7B	2.23%	-7.24%	16.27	1.8	8.59%	3.59%
ALE	3.4B	1.9B	3.04%	-7.37%	13.92	1.83	19.68%	30.53%
AVA	2.7B	1.7B	4.06%	-20.69%	16.02	1.57	2.36%	10.31%
SMALL-CAP
CWCO	386.4M	180.2M	-17.40%	42.07%	12.99	2.14	91.50%	388.02%
CDZI	150.9M	2.0M	-13.13%	-50.22%	-4.8	75.07	33.96%	-26.84%
VIA	34.9M	436.8M	-0.73%	-17.89%	2.33	0.08	-5.23%	97.61%
CREG	9.5M	-	-0.83%	-23.63%	-12.69	12.3	-88.45%	83.25%

Heliogen, Inc. News

Latest updates

Heliogen, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4
Revenue	-100.0%	-	2,273,000	1,394,000	1,937,000	4,720,000	3,100,000	2,392,000	3,539,000	3,799,000	2,202,000	845,000	516,000	-
Cost Of Revenue	2820.1%	54,285,000	1,859,000	1,522,000	2,382,000	3,475,000	3,423,000	2,814,000	37,824,000	6,711,000	1,375,000	845,000	516,000	-
Gross Profit	-13492.3%	-55,444,000	414,000	-128,000	-445,000	1,245,000	-323,000	-422,000	-34,285,000	-1,470,000	827,000	-	-	-
Operating Expenses	30.3%	26,267,000	20,159,000	22,598,000	10,433,000	39,246,000	29,436,000	28,308,000	29,437,000	19,332,000	13,305,000	6,925,000	3,760,000	-
S&GA Expenses	-7.7%	13,841,000	14,997,000	17,652,000	4,165,000	20,491,000	18,268,000	22,403,000	20,062,000	14,745,000	8,687,000	4,260,000	2,152,000	-
R&D Expenses	9.6%	5,660,000	5,162,000	4,946,000	5,260,000	11,833,000	11,168,000	5,905,000	9,375,000	4,587,000	4,618,000	2,665,000	1,608,000	-
EBITDA Margin	-69.4%	-28.67	-16.93	-16.96	-15.26	-21.54	-12.00	-12.99	-18.44	-18.59	-1.31	-1.93	-3.67	-36.51
Interest Expenses	-	-	-	-	-	-	-	-194,000	194,000	1,000	-	-37,000	40,000	-
Income Taxes	-300.0%	-2,000	1,000	2,000	-	-225,500	-46,000	-125,000	-610,000	2,000	-	-	-	-
Earnings Before Taxes	-324.4%	-78,803,000	-18,569,000	-21,681,000	-10,544,000	-35,221,000	-27,875,000	-20,342,000	-59,578,000	-48,741,000	-28,276,000	-56,333,000	-4,056,000	-
EBT Margin	-68.2%	-29.16	-17.33	-17.39	-15.66	-21.94	-12.20	-13.15	-18.58	-18.66	-1.33	-1.97	-3.74	-37.18
Net Income	-324.3%	-78,801,000	-18,570,000	-21,683,000	-10,544,000	-34,986,000	-27,829,000	-20,217,000	-58,968,000	-48,743,000	-28,276,000	-56,333,000	-4,056,000	-
Net Income Margin	-68.7%	-29.16	-17.28	-17.34	-15.59	-21.78	-12.14	-13.09	-18.52	-18.66	-1.33	-1.97	-3.74	-37.18
Free Cashflow	0.4%	-16,789,000	-16,857,000	-14,552,000	-24,659,000	-22,013,000	-22,014,000	-10,811,000	-24,033,000	-15,316,000	-10,326,000	-8,462,000	-787,000	-

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet														(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2019Q4
Assets	-21.2%	107,033	135,899	153,918	169,970	191,619	217,563	237,577	256,167	257,448	106,661	101,838	92,229	19,762	15,648
Current Assets	-21.5%	83,466	106,286	122,449	139,081	158,821	172,839	189,794	212,857	227,183	78,374	1,986	2,411	18,575	15,035
Cash Equivalents	-1.1%	62,715	63,386	43,498	39,215	45,719	35,444	60,731	63,615	191,581	40,126	54,439	62,919	18,334	14,945
Inventory	-60.7%	1,956	4,983	4,304	2,900	2,442	-	-	-	-	-	-	-	-	-
Net PPE	-11.0%	5,577	6,263	6,426	6,777	7,071	10,092	6,470	4,636	4,102	1,825	-	-	575	468
Goodwill	-	-	-	-	-	1,004	926	984	1,100	4,204	4,270	-	-	-	-
Liabilities	74.8%	115,048	65,799	65,598	63,942	66,295	66,312	68,631	78,864	43,390	22,967	18,795	20,051	1,692	-
Current Liabilities	99.8%	102,001	51,053	50,376	48,556	51,289	48,811	49,154	50,614	12,529	8,467	5,920	3,903	1,156	584
Long Term Debt	-	-	-	-	-	-	22.00	26.00	31.00	35.00	-	-	-	87.00	-
LT Debt, Non Current	-	-	-	-	-	-	22.00	26.00	31.00	35.00	-	-	-	87.00	-
Shareholder's Equity	-111.4%	-8,015	70,100	88,319	106,028	125,324	151,251	168,946	177,303	214,058	-	5,000	5,000	24.00	-
Retained Earnings	-21.9%	-438,178	-359,377	-340,807	-319,124	-308,580	-273,594	-245,765	-225,548	-166,580	-117,837	200	-33,228	-29,172	-21,734
Additional Paid-In Capital	0.2%	430,678	429,984	429,563	425,590	434,496	425,851	415,526	403,216	380,624	3,738	4,748	5,587	1,309	996
Accumulated Depreciation	-	4,791	-	-	-	2,577	2,012	1,454	1,055	707	-	-	-	-	-
Shares Outstanding	0.6%	5,946	5,909	5,845	5,592	5,512	5,502	5,434	5,258	5,239	304	291	279	233	106
Float	-	-	-	31,100	-	-	-	230,700	-	-	-	242,500	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)															(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2019Q4
Cashflow From Operations	-0.7%	-16,678	-16,565	-14,225	-24,132	-20,292	-18,185	-8,687	-22,673	-12,908	-9,645	-7,877	-625	-	-	-
Share Based Compensation	121.8%	914	412	2,816	-9,306	8,249	10,106	11,524	12,982	9,331	1,485	353	211	-	57.00	-
Cashflow From Investing	-55.9%	16,056	36,440	16,905	17,253	30,419	-7,536	6,082	-102,728	1,813	-1,952	-10,711	-27,796	-	-	-
Cashflow From Financing	-138.5%	-5.00	13.00	1,075	248	148	132	678	-1,065	161,050	-1,216	10,108	73,006	-	-	-

HLGN Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Income Statement [Abstract]

Services revenue

$ 888

$ 6,519

Grant revenue

3,557

7,232

Total revenue

4,445

13,751

Cost of revenue:

Cost of services revenue (including depreciation)

3,677

8,107

Cost of grant revenue

3,517

5,653

Contract loss provisions

52,854

33,776

Total cost of revenue

60,048

47,536

Gross loss

(55,603)

(33,785)

Operating expenses:

Selling, general and administrative

50,655

81,224

Research and development

21,028

38,281

Impairment charges

7,774

6,922

Total operating expenses

79,457

126,427

Operating loss

(135,060)

(160,212)

Interest income, net

1,448

995

Gain on warrant remeasurement

542

13,921

Other income, net

3,473

2,280

Net loss before taxes

(129,597)

(143,016)

Benefit (provision) for income taxes

(1)

1,016

Net loss

$ (129,598)

$ (142,000)

Loss per share:

Loss per share – basic (in dollars per share)

^[1]

$ (22.26)

$ (26.13)

Loss per share – diluted (in dollars per share)

^[1]

$ (22.26)

$ (26.13)

Weighted average number of shares outstanding – basic (in shares)

^[1]

5,822,389

5,433,912

Weighted average number of shares outstanding – diluted (in shares)

^[1]

5,822,389

5,433,912

[1]	Periods presented have been adjusted to reflect the 1-for-35 reverse stock split on August 31, 2023. See Note 1—Organization and Basis of Presentation—Reverse Stock Split, for additional information.

HLGN Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)
$ in Thousands

Dec. 31, 2023

Dec. 31, 2022

ASSETS

Cash and cash equivalents

$ 62,715

$ 45,719

Short-term restricted cash

500

655

Investments

12,386

97,504

Receivables, net

4,679

9,195

Inventories, net

1,956

2,442

Prepaid and other current assets

1,230

3,306

Total current assets

83,466

158,821

Operating lease right-of-use assets

13,909

14,772

Property, plant and equipment, net

5,577

7,071

Goodwill and intangible assets, net

1,160

Long-term restricted cash

1,000

1,500

Collaboration Warrants, non-current

5,282

Other long-term assets

3,010

3,013

Total assets

107,033

191,619

LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)

Trade payables

746

6,921

Accrued expenses and other current liabilities

8,907

5,602

Contract liabilities

17,008

10,348

Contract loss provisions

75,340

28,418

Total current liabilities

102,001

51,289

Operating lease liabilities, non-current

12,878

13,921

Warrant liabilities

100

642

Other long-term liabilities

443

Total liabilities

115,048

66,295

Commitments and contingencies (Note 18)

Stockholders’ equity (deficit)

Preferred stock, $0.0001 par value; 10,000,000 shares authorized and no shares outstanding as of December 31, 2023 and 2022

Common stock, $0.0001 par value; 500,000,000 shares authorized; 5,946,315 shares issued and outstanding as of December 31, 2023 and 5,511,839 shares issued and outstanding (excluding restricted shares of 1,733) as of December 31, 2022

^[1]

Additional paid-in capital

^[1]

430,678

434,496

Accumulated other comprehensive loss

(516)

(593)

Accumulated deficit

(438,178)

(308,580)

Total stockholders’ equity (deficit)

(8,015)

125,324

Total liabilities and stockholders’ equity (deficit)

$ 107,033

$ 191,619

[1]	Periods presented have been adjusted to reflect the 1-for-35 reverse stock split on August 31, 2023. See Note 1—Organization and Basis of Presentation—Reverse Stock Split, for additional information.

About Heliogen, Inc.

Heliogen, Inc., a renewable energy technology company, operates in decarbonizing industry with concentrated sunlight. It is developing a solar solution utilizing computer vision software to align an array of mirrors, reflecting sunlight to a target on the top of a tower. Its artificial intelligence enabled modular system delivers renewable energy in the form of heat, power, or hydrogen fuel. The company's solutions include HelioHeat, a carbon-free, ultra-high temperature heat to power heavy industrial processes, including the making of cement, steel, and petrochemicals; HelioPower that provides power made from sunlight using supercritical CO2 turbines to power industrial facilities, data centers, and mining operations; and HelioFuel that offers clean fuels, such as green hydrogen that is used to power industry and as fuel in transportation, heavy equipment, and household heating. The company was formerly known as Edison Microgrids, Inc. and changed its name to Heliogen, Inc. in November 2019. The company was founded in 2013 and is headquartered in Pasadena, California.

CEO	Ms. Christiana Obiaya
WEBSITE	heliogen.com
INDUSTRY	Utilities Regulated Electric
EMPLOYEES	220

Heliogen, Inc. Frequently Asked Questions

What is the ticker symbol for Heliogen, Inc.? What does HLGN stand for in stocks?

HLGN is the stock ticker symbol of Heliogen, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Heliogen, Inc. (HLGN)?

As of Fri Apr 19 2024, market cap of Heliogen, Inc. is 8.66 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of HLGN stock?

You can check HLGN's fair value in chart for subscribers.

What is the fair value of HLGN stock?

You can check HLGN's fair value in chart for subscribers. The fair value of Heliogen, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Heliogen, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for HLGN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Heliogen, Inc. a good stock to buy?

The fair value guage provides a quick view whether HLGN is over valued or under valued. Whether Heliogen, Inc. is cheap or expensive depends on the assumptions which impact Heliogen, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for HLGN.

What is Heliogen, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 19 2024, HLGN's PE ratio (Price to Earnings) is -0.07 and Price to Sales (PS) ratio is 1.95. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. HLGN PE ratio will change depending on the future growth rate expectations of investors.