# VivoPower International PLC (VVPR)

**Exchange:** NASDAQ  
**Sector:** Technology  
**Market cap:** $28M  
**Price:** $6.36 (-3.64%)

> VivoPower International PLC is a sustainable energy solutions company specializing in electric solutions for customized and ruggedized fleet applications, battery and microgrids, solar and critical power technology and services. It operates through key segments including Electric Vehicles, Sustainable Energy Solutions, Solar Development, and Critical Power Services. The Electric Vehicles segment, through subsidiaries like Tembo, designs and develops electric battery conversion kits for light utility vehicle fleets in mining and off-road sectors, and offers OEM light utility pickup trucks under the Tembo Tuskers brand for ruggedized applications. The Sustainable Energy Solutions segment focuses on designing, evaluating, selling, and implementing renewable energy infrastructure. The Solar Development segment manages utility-scale solar projects in the United States via its subsidiary Caret. As a certified B Corporation headquartered in London, United Kingdom, and founded in 2014, VivoPower International PLC maintains operations across Australia, Canada, the Netherlands, the United Kingdom, the United States, and the Philippines, serving industrial, mining, and governmental clients with environmentally focused energy technologies.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2024 | $16,000 | $43,000 | -$9M | -$47M | $-15.17 |
| 2023 | $4M | -$4M | -$12M | -$24M | $-9.87 |
| 2022 | $10M | -$1M | -$15M | -$22M | $-10.64 |
| 2021 | $24M | $4M | -$6M | -$8M | $-4.90 |
| 2020 | $33M | $5M | $688,000 | -$5M | $-3.80 |
| 2019 | $39M | $6M | -$3M | -$11M | $-8.30 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2024 | $37M | $78M | -$41M | $199,000 | $21M |
| 2023 | $61M | $58M | $4M | $553,000 | $30M |
| 2022 | $70M | $48M | $22M | $1M | $23M |
| 2021 | $77M | $36M | $40M | $9M | $22M |
| 2020 | $62M | $44M | $18M | $3M | $25M |
| 2019 | $65M | $41M | $24M | $5M | $18M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2024 | -$36M | -$5M | -$3M |
| 2023 | -$11M | -$5M | -$10M |
| 2022 | -$12M | -$5M | -$11M |
| 2021 | -$6M | -$535,000 | -$16M |
| 2020 | $4M | $294,000 | -$6M |
| 2019 | -$8M | $12M | -$2M |

Source: [CompaniesByCap](https://companiesbycap.com/company/VVPR)