Detail akcie Westp Fuel Sys Rg online

Business Summary: Westport Fuel Systems Inc. is engaged in engineering, manufacturing, and supplying alternative fuel systems and components for transportation vehicles. The Company’s segments include OEM and IAM. Its OEM segment sell systems and components, including HPDI 2.0 fuel system products, to engine OEMs and commercial vehicle OEMs. Its fully integrated HPDI 2.0 fuel systems, enables diesel engines using primarily natural gas fuel to match the power, torque, and fuel economy benefits found in traditional compression ignition engines and the capability to cost effectively run on renewable fuels. The IAM segment sells alternative fuel systems and components across a range of brands, primarily through a global network of distributors that consumers can purchase and have installed onto their vehicles to use LPG or CNG fuels, in addition to gasoline. Its products and services are available for passenger car and light-, medium- and heavy-duty truck and off-road applications.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Westport Fuel Systems Inc revenues increased 9% to $331.8M. Net loss increased 52% to $49.7M. Revenues reflect OEM segment increase of 12% to $222.7M, IAM segment increase of 1% to $109.1M, Europe segment increase of 19% to $232.3M, Americas segment increase of 18% to $43.1M, Other segment increase of 9% to $13.3M.