Summary

Virtual Power Plants

Founded in 2016

Description

Virtual Power Plants Inc. is a company that specializes in energy storage and virtual power plant development. Their core mission is to lower their client's electricity bills while minimizing risks. They offer a business model that requires no capital ...

Strengths

  • Demonstrating revenue growth that is faster than the industry average
  • The number of employees is growing faster than the industry average
  • Revenue growth is more steady than the industry average
  • Since Virtual Power Plants was founded, the company has grown faster than the industry average

Weaknesses

  • Virtual Power Plants has a very small market share in their industry
  • Revenue generated per employee is less than the industry average

Annual Revenue

Virtual Power Plants's annual revenue

$3782000

Based on Kona Equity data

  • Revenue per employee

    $199052

  • Variance of revenue growth

    0.15

  • Annual revenue growth since founding

    $687666

  • Revenue growth rate from first known quarter to current

    21.4%

Employee Count

19 employees

  • Employee growth rate from first known quarter to current

    23.5%

Executives

Terry Rasmussen

President

t**@virtualpowerplant.co

G Score - 4

The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.

  • G3 Revenue growth rate from the first known quarter to current is higher than the industry average.
  • G4 Employee growth rate from the first known quarter to current is higher than the industry average.
  • G5 Variance of revenue growth is less than the industry average
  • G6 Annual revenue growth since founding is higher than the industry average.

Location

 
Toronto, Ontario  None

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Key Information

  • Name: Virtual Power Plants
  • Category: Utilities
  • SIC: 49
  • NAICS: 221; 22
Disclaimer: These numbers are estimates and any other company information is based off our proprietary algorithms and by no means should be accepted as 100% factual. Kona Equity is in no way affiliated with Virtual Power Plants.

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Frequently Asked Questions


What is Virtual Power Plants's official website?

Virtual Power Plants's official website is virtualpowerplant.co


What is Virtual Power Plants's revenue?

Virtual Power Plants's annual revenue is $3.8 M.


What is Virtual Power Plants's SIC code?

Virtual Power Plants's SIC: 49


What is Virtual Power Plants's NAICS code?

Virtual Power Plants's NAICS: 221; 22.


How many employees does Virtual Power Plants's have?

Virtual Power Plants has 19 employees


What industry does Virtual Power Plants belong to?

Virtual Power Plants is in the industry of Utilities.

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