财务业绩 - 公司2024年第一季度总收入为8,590千美元，同比下降10.1%[80] - 电力基础设施业务收入为5,275千美元，同比下降22.5%[85,86] - 关键电力解决方案业务收入为3,315千美元，同比增长20.7%[85,86] - 2024年第一季度公司综合毛利率下降至20.1%，较2023年同期下降9.5个百分点[88] - 电力基础设施业务毛利率从31.5%下降至22.6%，下降8.9个百分点[89] - 关键电源解决方案业务毛利率从25.1%下降至16.1%，下降9.0个百分点[89] - 2024年第一季度公司销售、一般及管理费用增加28.2%，主要由于人工成本增加[91] - 2024年第一季度公司营业亏损1,106,000美元，较2023年同期营业利润675,000美元下降263.9%[94] 订单情况 - 截至2024年3月31日，公司总订单量为45,911千美元[82,83] - 其中电力基础设施业务订单量为30,889千美元，关键电力解决方案业务订单量为15,022千美元[82,83] 现金流和资本支出 - 公司2024年第一季度经营活动使用现金1,950,000美元，较2023年同期增加[102] - 公司2024年3月31日现金余额为6,227,000美元，较2023年12月31日增加[103] - 公司预计未来12个月内现金余额足以支持公司运营[105] - 公司2024年第一季度资本支出为213,000美元，较2023年同期增加[106] 研发投入 - 公司正在进行研发投入，2024年第一季度研发费用为211千美元[81] 经营风险 - 公司面临原材料价格上涨、供应链风险等挑战[73] - 公司需要关注内部控制的重大缺陷问题[73] - 公司未来经营业绩将继续受到季度性变化的影响，包括电气设备行业和产品市场的周期性特点[107] - 公司经营业绩可能受到客户需求变化和原材料价格波动的影响[107] - 无法预见的其他经济条件可能会影响客户需求[107] - 地缘政治冲突和全球通胀上升的后果可能会对公司业务和运营产生不利影响[107,108] - 公司主要面向工业生产和商业建筑市场，客户状况的变化可能会对公司产生较大影响[108] 其他 - 公司2024年第一季度净亏损为1,035千美元[81] - 公司2024年第一季度销售了891,838股普通股，获得约4,997,000美元的总收益[99] - 公司采取了各种保险政策来应对风险，并通过提高制造效率和价格调整来应对成本上升[107]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission file number: 001-35212 PIONEER POWER SOLUTIONS, INC. (Exact name of registrant as specified in its charter) Delaware 27-1347616 (S ...

Pioneer Power Solutions, Inc. (NASDAQ:PPSI) Q4 2023 Earnings Conference Call April 1, 2024 5:00 PM ET Company Participants Brett Maas - Hayden Investor Relations Nathan Mazurek - Chairman and Chief Executive Officer Walter Michalec - Chief Financial Officer Conference Call Participants Robert Brown - Lake Street Capital Markets, LLC Amit Dayal - H. C. Wainwright & Co. Andrew Parker - Horizon Kinetics LLC Operator Good afternoon, everyone. Welcome to today's Pioneer Power 2023 Fourth Quarter and Year-End Fin ...

Exhibit 99.1 Pioneer Achieves 51% Year-Over-Year Increase in Revenue, Reaching $40.8 Million Delivers Positive Full-Year Net Income vs. Net Loss in 2022; Backlog Surges to $46 Million; up 36% Sequentially; Expects Continued, Rapid Growth in Revenue, EPS and Operating Margins in 2024; Guides to $52 to $54 Million in Revenue and $0.31 to $0.34 in EPS for Full-Year 2024 FORT LEE, N.J., April 1, 2024 /PRNewswire/ — Pioneer Power Solutions, Inc. (Nasdaq: PPSI) (“Pioneer” or the “Company”), a leader in the design ...

Pioneer Power Solutions, Inc. (NASDAQ:PPSI) Q3 2023 Earnings Conference Call November 15, 2023 9:00 AM ET Company Participants Brett Maas - Hayden IR Nathan Mazurek - President, CEO & Chairman Walter Michalec - CFO, Treasurer & Secretary Geo Murickan - President of Pioneer's eMobility business Conference Call Participants Amit Dayal - H.C. Wainwright Albert Jones - Jones Capital Management Operator Greetings and welcome to the Pioneer’s 2023 Third Quarter Financial Results. [Operator Instructions]. As a rem ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-35212 PIONEER POWER SOLUTIONS, INC. (Exact name of registrant as specified in its charter) Delaware 27-1347616 (State or other jurisdiction of (I.R.S. Employ ...

Pioneer Power Solutions, Inc. (NASDAQ:PPSI) Q2 2023 Earnings Call Transcript August 14, 2023 5:00 PM ET Company Participants Kim Rogers - Hayden IR Nathan Mazurek - President, CEO & Chairman Walter Michalec - CFO, Treasurer & Secretary Conference Call Participants Sameer Joshi - H. C. Wainwright David Kreinberg - Globus Capital Operator Good afternoon and welcome to the Pioneer Power Solutions 2023 Second Quarter Financial Results Conference Call. [Operator Instructions]. Please note this event is being rec ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-35212 PIONEER POWER SOLUTIONS, INC. (Exact name of registrant as specified in its charter) Delaware 27-1347616 (State or other jurisdiction of incorporation or or ...

Pioneer Power Solutions, Inc. (NASDAQ:PPSI) Q1 2023 Earnings Conference Call May 15, 2023 4:30 PM ET Company Participants Brett Maas - Hayden IR Nathan Mazurek - President, CEO & Chairman Walter Michalec - CFO, Treasurer & Secretary Conference Call Participants Amit Dayal - H.C. Wainwright & Co. Shawn Boyd - Next Mark Capital Operator Good afternoon, and welcome to the Pioneer Power First Quarter 2023 Financial Results Conference Call. [Operator Instructions]. Please note this event is being recorded. I wou ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-35212 PIONEER POWER SOLUTIONS, INC. (Exact name of registrant as specified in its charter) Delaware 27-1347616 (State or other jurisdiction (I.R.S. Employer of i ...