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Technical Services

Tecogen Inc. (TGXE) is a public company that operates in the USA stock exchange under the technical services sector. The company specializes in the design, manufacture, and sale of proprietary air conditioning and powergeneration products. TGXE's products are based on the Company's proprietary technology that uses natural gas or liquid propane to produce electricity, heat, and coolings.

As of the most recent quarterly report, Tecogen Inc.'s revenue for the quarter ended September 30, 2022, was $13.1 million, a decrease of 13.3% from the same period in 2021. The company's net loss for the quarter was $1.2 million, compared to a net loss of $0.3 million for the same period in 2021. As of September 30, 2022, Tecogen Inc. had a total of $3.5 million in cash and cash equivalents, and total long-term debt of $5.9 million.

In terms of growth, Tecogen Inc. has been investing in research and development to expand its product offerings and increase market share. The company has also been focused on increasing its service and maintenance business, which provides a recurring revenue stream. TGXE has a strong backlog of orders and a robust pipeline of opportunities, which gives the company a solid foundation for future growth.

The company's earnings have been volatile in recent years, with both positive and negative quarters. However, the company's management remains optimistic about the future and expects to see continued growth in revenue and profitability as the company expands its product offerings and increases its market share.

It is important to note that the information provided is based on publicly available data as of the time of writing, and it is always recommended to consult the latest financial reports and filings of the company for the most up-to-date information. Additionally, this information is provided for educational purposes only and should not be considered investment advice.