1 Software Company Winning in the Energy Market
Summary
In this Motley Fool Live segment from "The High Energy Show," recorded on June 28, Fool.com contributor Jason Hall takes a closer look at Stems business. Athena is this wonderful AI tool that handles that for pretty much any stakeholder out theres looking at energy storage. Because every time it sells a battery, it adds 20 years of recurring revenue at 70 percent gross margins. I dont want to quote a number because I cant remember how big it was, but over the over the next five decades, the amount of dollars that are going to go into energy storage is mind boggling. Theres risk, because its still burning through cash because it has to get that SaaS recurring revenue to a larger scale to cover its base expenses.
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