CHICAGO, IL., October 1, 2020 – Water Tower Research has published an Iniitation of Coverage Brief on Capstone Turbine (NASDAQ: CPST). The report focuses on the company’s key drivers, milestones, obstacles and opportunities.
“Capstone has experienced a variety of cycles and shifts in the industry over the past decade, but we believe there is a sea change taking place today in how energy is viewed, created and delivered,” said Shawn Severson, Co-Founder of Water Tower Research and Head of ClimateTech & Sustainable Investing Research. “The proliferation of renewables, a focus on energy security and reliability, outdated power grids and energy as a service (EaaS) are all driving change. Capstone is the world’s leading producer of highly efficient, low-emission, resilient microturbine energy systems serving multiple vertical markets worldwide. We believe this positions the company to benefit from the growing momentum in the Distribute Energy Generation (DEG) megatrend. Furthermore, EaaS has been strategically targeted by Capstone, which if successful could improve revenue predictability cash flow.”
Mr. Severson continued, “Some of the key catalysts and variables ahead for the company include pivoting more towards the EaaS as model, refinancing $30 million in Senior Secured Notes and achieving positive cashflow. Over the past year management took aggressive steps to reduce the operating costs of the business designed to make the company profitable on a much lower revenue base, which now puts the spotlight on revenue growth and expanding the EaaS strategy.”
The full report can be downloaded HERE.
About Water Tower Research
At Water Tower Research, our mission is to bridge the information gap between companies and investors, while reaching a much broader and diverse group of investors, in comparison to the traditional and challenged equity research model. We provide “Research for the Other 99%®”, on a platform powered by Wall Street veterans that are knowledgeable and experienced to help investors understand key strategies, industries, technologies, and drivers impacting the companies we cover as well as their peers. Water Tower Research uses a broad portfolio of tools to communicate with investors, including a traditional research platform, in addition to innovative and proactive products and digital strategies, providing valuable and consistent information flow. Please see diclosures HERE.
Shawn Severson
President & Co-Founder
Head of ClimateTech & Sustainable Investing and Emerging Growth Research
Water Tower Research LLC
www.watertowerresearch.com
Phone: (312) 283-7534
Email: shawn@watertowerresearch.com