UGE International Ltd.

UGE International Ltd.

UGEIF
UGE International Ltd.US flagOther OTC
1.46
USD
+0.01
- -
49.16MMarket Cap
2013 Y
2013 Y
2014 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
- -
7.61
- -
1.96
0.67
0.79
2.16
1.47
0.26
0.06
0.09
0.12
0.04
0.12
Basic EPS, GAAP
-0.23
-3.88
-0.93
-3.58
-1.68
-0.15
-0.2
-0.53
-0.13
-0.04
-0.13
-0.2
-0.43
-0.27
Free Cash Flow per Basic Share
-0.24
-5.3
-0.6
-3.18
-0.66
-0.3
-0.05
-0.21
-0.1
-0.15
-0.24
-0.41
-1.26
-0.43
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.61
-10.6
-1.48
-7.15
-5.89
-2.82
-0.63
-0.79
-0.58
-0.39
-0.29
-0.46
-0.8
-0.52
Tangible Book Value per Share
0.74
-5.11
-0.24
-1.86
-1.88
-0.68
-0.53
-0.4
-0.34
-0.18
-0.08
-0.21
-0.64
-0.34
Basic Weighted Avg Shares
- -
1
- -
2
3
7
10
12
20
25
31
33
33
33
Sales/Revenue/Turnover
- -
5
- -
4
2
6
21
17
5
1
3
4
1
4
Operating Margin (%)
- -
-50.05
- -
-171.62
-100.13
-51.94
-7.16
-27.7
-43.62
-198.29
-150.97
-161.88
-992.76
-182.29
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
-3
- -
-7
-6
-1
-2
-6
-3
-1
-4
-7
-14
-9
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
-51.02
- -
-183.23
-250.25
-18.74
-9.44
-35.73
-49.54
-68.9
-154.14
-172.02
-1,161.58
-218.43
Working Capital
- -
-1
- -
-2
-4
-1
-2
-3
-5
-3
- -
-2
-15
-3
LT Debt
- -
3
- -
2
3
4
4
2
2
4
17
38
71
53
Total Equity
- -
-3
- -
-4
-6
-2
-2
-5
-7
-4
-1
-7
-20
-10
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'22
Dec'22
Mar'23
ST Debt
1
3
5
LT Borrowings
12
16
30
LT Finance Leases
20
22
23
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
33
33
33
Market Capitalization
28
33
29

Working Capital

FRC

in mil. unless spec.
Sep'22
Dec'22
Mar'23
Total Current Assets
4
4
8
Cash, Cash Equivalents & STI
1
2
4
Accounts Receivable, Net
1
1
2
Inventories
1
- -
- -
Total Current Liabilities
4
6
11
Payables & Accruals
2
3
5
ST Debt
1
3
5
Deferred Revenue
1
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
594.6%
109.3%
192.65%
Free Cash Flow
433.17%
92.67%
209.16%
Net Income, GAAP
317.8%
74.32%
113.28%
Sales/Revenue/Turnover
- -
-16.22%
-68.41%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
1
2
1
4
2023
1
- -
- -
- -
1
2024
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
-0.05
-0.04
-0.05
- -
-0.2
2023
-0.09
-0.1
- -
- -
-0.43
2024
-0.12
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Nicolas Adrian Blitterswyk
Full Time Employees
58
Sector
Energy
Industry
Solar
Address
56 Temperance Street Toronto ON Canada M5H 3V5
IPO Date
Aug 28, 2014
Website
ugei.com
Business
UGE International Ltd. (UGEIF) develops, owns, and operates community and commercial solar projects along with battery storage systems; it provides engineering consulting services through its subsidiary UGEngineering; and offers energy generation, engineering procurement and construction, and renewable energy solutions to commercial, industrial, institutional, and residential customers. Founded in 2008, the company maintains dual headquarters in New York City and Toronto, Canada, with an additional office in Cebu City, Philippines, and primarily operates across the United States, Canada, and the Philippines. UGE specializes in distributed solar energy, including rooftop and ground-mount installations, community solar subscriptions for off-takers, lease arrangements for property owners hosting projects, solar project financing such as green bonds, and subscriber acquisition and management services. In August 2024, NOVA Infrastructure completed its acquisition of approximately 70% of UGE's common shares following an agreement in May 2024, positioning the company as a subsidiary of NOVA-backed 1000896425 Ontario Ltd. and providing committed acquisition and growth capital to expand its U.S. community solar and battery storage platform. As of 2025, UGE reports over 500MW of solar energy installed worldwide across more than 700 projects, contributing to reductions of approximately 645,000 tons of CO2 emissions.

Company News

APIChat
  • UGE International Ltd. Announces Closing of Plan of Arrangement

  • UGE International Ltd. Provides Update on Closing of Plan of Arrangement

  • UGE International Ltd. Announces Securityholder Approval of Going Private Transaction

  • UGE Achieves Commercial Operation for Rooftop Community Solar Project in Staten Island, New York

  • UGE International Ltd. Announces Mailing of Meeting Materials and Receipt of Interim Order in Respect of Going-Private Transaction

  • UGE Reports Q1 2024 Financial Results

  • UGE International Ltd. Enters into Arrangement Agreement for Going-Private Transaction

  • Heliene and UGE Announce Strategic Partnership and Multiyear Module Supply Agreement

  • UGE Partners with MaxSolar to Achieve Optimal Project Performance

  • UGE Reports 2023 Financial Results

  • UGE Announces Financial Results Release Date and Webinar

  • UGE Achieves Notice to Proceed Milestone for 847kW Rooftop Community Solar Project in Queens, New York

  • UGE Energizes Largest Rooftop Community Solar Project in Maine

  • UGE Achieves Notice to Proceed Milestone for Second 1.4MW Solar Project in Smithville, Texas

  • UGE Achieves Commercial Operation for Rooftop Community Solar Project in Queens, New York

  • UGE Announces Q4 2023 Milestones and Business Updates

  • UGE Reaches Commercial Operation on Rooftop Community Solar Project in Peekskill, New York

  • UGE Completes Construction and Receives Permission to Operate for Three Rooftop Community Solar Projects

  • UGE Announces Closing of US $518,700 Private Placement of Green Bonds

  • UGE Announces November 2023 Project Development Green Bond Commission Disclosure