14% increase in coffee pounds processed and sold in fiscal 2014 versus fiscal 2013
Net income in fiscal 2014 was $12.1 million versus net loss of $8.5 million in fiscal 2013
Adjusted EBITDA in fiscal 2014 was $46.1 million versus $28.7 million in fiscal 2013
Effective pay-down of credit facility from $19.7 million at the end of fiscal 2013 to $78,000 at the end of fiscal 2014
TORRANCE, Calif., Sept.
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NRG Energy equity investment and $40 million committed capital for project financing further validate fuel cell value proposition Sales mix and cost reductions supporting increasing gross margin Carbon capture and distributed hydrogen progressing towards commercialization Service backlog exceeds $200 million for first time, providing recurring revenue stream and supporting long term customer relationships
DANBURY, Conn., Sept.
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