Charge Enterprises, Inc. is an electrical, broadband and EV charging infrastructure company that provides clients with end-to-end project management services. We operate in two segments: Infrastructure, which has a primary focus on EV charging, broadband and wireless, and electrical contracting services; and Telecommunications, which provides connection of voice calls, Short Message Services (SMS) and data to global carriers. Our vision is to be a leader in enabling the next wave of transportation and connectivity. By building, designing, and operating seamless infrastructure for electric vehicles, we aim to create a future where transportation is clean, efficient, and connected and to empower individuals, communities, and businesses to thrive in a more sustainable world. Our plan is to cultivate repeat customers and recurring revenues by deploying a multi-phased strategy, initially where investment in the EV charging revolution is taking place, the nation’s approximately 18,000 franchised auto dealers.
Company profile
Ticker
CRGEQ
Exchange
CEO
Isaac H. Sutton
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
GoIP GLOBAL, INC.
SEC CIK
Corporate docs
Subsidiaries
Transworld Enterprises, Inc. • Charge Infrastructure Holdings, Inc. • Charge Communications, Inc. • Charge Investments, Inc. • GetCharged, Inc. • Charge Services, LLC • Nextridge, Inc. • ANS Advanced Networks Services, LLC • B W Electrical Services, LLC • EV Group Holdings, LLC ...
IRS number
900471969
CRGEQ stock data
Latest filings (excl ownership)
EFFECT
Notice of effectiveness
7 May 24
EFFECT
Notice of effectiveness
7 May 24
EFFECT
Notice of effectiveness
7 May 24
POS AM
Prospectus update (post-effective amendment)
6 May 24
POS AM
Prospectus update (post-effective amendment)
6 May 24
POS AM
Prospectus update (post-effective amendment)
6 May 24
15-12G
Securities registration termination
3 May 24
S-3/A
Shelf registration (amended)
3 May 24
S-3/A
Shelf registration (amended)
3 May 24
S-8 POS
Registration of securities for employees (post-effective amendment)
3 May 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 52.25 mm | 52.25 mm | 52.25 mm | 52.25 mm | 52.25 mm | 52.25 mm |
Cash burn (monthly) | (no burn) | (no burn) | 2.12 mm | 3.11 mm | 499.33 k | (no burn) |
Cash used (since last report) | n/a | n/a | 20.99 mm | 30.79 mm | 4.94 mm | n/a |
Cash remaining | n/a | n/a | 31.25 mm | 21.46 mm | 47.30 mm | n/a |
Runway (months of cash) | n/a | n/a | 14.7 | 6.9 | 94.7 | n/a |
Institutional ownership, Q3 2023
23.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 68 |
Opened positions | 6 |
Closed positions | 11 |
Increased positions | 20 |
Reduced positions | 18 |
13F shares | Current |
---|---|
Total value | 17.77 bn |
Total shares | 51.35 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Orr Ken | 15.21 mm | $0.00 |
Arena Investors | 11.60 mm | $5.77 bn |
BLK Blackrock | 8.04 mm | $4.00 bn |
Vanguard | 5.22 mm | $2.60 bn |
Geode Capital Management | 2.49 mm | $1.24 bn |
STT State Street | 2.39 mm | $1.19 bn |
NTRS Northern Trust | 1.07 mm | $534.42 mm |
Charles Schwab Investment Management | 878.28 k | $436.68 mm |
GS Goldman Sachs | 490.18 k | $243.72 mm |
Squarepoint Ops | 427.34 k | $212.48 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
3 May 24 | Paul Martin Williams | Common Stock | Other | Dispose J | No | No | 0 | 2,085,263 | 0.00 | 0 |
3 May 24 | Paul Martin Williams | Options, right to buy Common Stock | Other | Dispose J | Yes | No | 0 | 0 | 0.00 | 0 |
3 May 24 | Paul Martin Williams | Options, right to buy Common Stock | Other | Dispose J | No | No | 0 | 0 | 0.00 | 0 |
3 May 24 | Michael Wojtowicz | Common Stock | Other | Dispose J | Yes | No | 0 | 707,143 | 0.00 | 0 |
3 May 24 | Michael Wojtowicz | Common Stock | Other | Dispose J | No | No | 0 | 574,286 | 0.00 | 0 |
3 May 24 | Michael Wojtowicz | Options, right to buy Common Stock | Other | Dispose J | Yes | No | 0 | 0 | 0.00 | 0 |
3 May 24 | Michael Wojtowicz | Options, right to buy Common Stock | Other | Dispose J | Yes | No | 0 | 0 | 0.00 | 0 |
3 May 24 | Michael Wojtowicz | Options, right to buy Common Stock | Other | Dispose J | No | No | 0 | 0 | 0.00 | 0 |
3 May 24 | Paolo Fettuccia | Options, right to buy Common Stock | Other | Dispose J | No | No | 0 | 0 | 0.00 | 0 |
3 May 24 | Craig Harper-Denson | Options, right to buy Common Stock | Other | Dispose J | No | No | 0 | 0 | 0.00 | 0 |
Press releases
CRGE DEADLINE: TOP RANKED ROSEN LAW FIRM Encourages Charge Enterprises, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – CRGE, CRGEQ
23 Jul 24
Holzer & Holzer, LLC Reminds Shareholders of July 29, 2024 Lead Plaintiff Deadline in Charge Enterprises, Inc. (CRGE) Class Action – Investors With Significant Losses Encouraged to Contact the Firm
23 Jul 24
Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Enphase, Hertz, Fat Brands, and Charge and Encourages Investors to Contact the Firm
22 Jul 24
DEADLINE ALERT for CRGE/CRGEQ, TWOU, LW, and TDC: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders
22 Jul 24
CRGE, CRGEQ Investors Have Opportunity to Lead Charge Enterprises, Inc. Securities Fraud Lawsuit
22 Jul 24