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Companies/Correlate Energy Corp.
Company profile

Correlate Energy Corp.

OTC: CIPI · Industrials · Engineering & Construction
PublicHQ Boise, ID · AdaCIK 0001108645Reports USD
#608 of 959 Industrials companies by revenuetop-decile growth
EA Score
——
FH —DQ 48GM —SS 33
v0.1 · 25/100 weight · pillars only
↑ 3-yr revenue growth, revenue growth (YoY) · ↓ growth stability, return on assets
Methodology →
Revenue TTM
$9.3M
Rev growth YoY (TTM)
+56.3%
Net income (FY)
-$12.8M
Employees
18
Market cap
$31.3k
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$7.6M$7.6M2023
Net income-$12.8M-$12.8M2023
Operating income-$6.2M-$6.2M2023
Total assets$4.6M$4.6M2023
Liabilities$7.7M$7.7M2023
Equity-$3.2M-$3.2M2023

Revenue trend

FY2016 – FY2023 · USD
$1.3M
FY16
$1.1M
FY18
$1.1M
FY18
$892.3k
FY19
$170.7k
FY21
$98.4k
FY21
$3.4M
FY22
$7.6M
FY23

Revenue by segment

Filed disclosures · FY2018
By product
Crude Oil75%
Disposal fees for disposed fluids25%
By geography

Not disclosed.

The read

Correlate Energy Corp. booked $7.6M in FY2023 revenue, growing 122% year over year — faster than 90% of Industrials companies we track, at a -169.1% net margin.

Peers · Industrials
Eyes on the Go, Inc.——Zann Corp.——ML Capital Group, Inc.——Voyager Digital Ltd.——
Neighbors
Ada →
Micron Technology, Inc.$37.4B85AIDACORP, Inc.$1.7B70BClearwater Analytics Holdings, Inc.$731.4M59CAlbertsons Companies, Inc.$83.2B61CLamb Weston Holdings, Inc.$6.5B65BBoise Cascade Company$6.4B74B
Key facts
CEOFlaviu Forgaciu
SectorIndustrials
IndustryEngineering & Construction
HeadquartersBoise, ID
ExchangeOTC: CIPI
Employees18
IPO date2005-11-10
Latest filings
10-Q2024-11-198-K2024-10-088-K2024-09-3010-Q2024-08-148-K2024-07-088-K2024-06-2010-Q2024-05-158-K2024-04-15
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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