Tech and Energy Transition's net income is $31M, below the sector sector average of $96M.
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+ FollowAs of Dec 2022
Trailing 12 months ending Dec 2022
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The latest net income for TETC is $31M as of December 2022. That compares with $8.5M in the prior-year period — up 267.0% year over year. That is below the sector sector average of $96M. Investors often review this figure alongside Tech and Energy Transition's historical trend and sector peers before judging valuation or financial health.
Over the past year, TETC's net income moved from $8.5M to $31M — a 267.0% year-over-year increase. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Tech and Energy Transition's operating scale or balance-sheet position.
Against its sector companies, TETC currently prints $31M for net income, while the sector average sits near $96M. That is roughly 67.6% below the sector mean. Large gaps often invite a closer look at Tech and Energy Transition's growth, margins, and balance sheet.
A net income figure of $31M for TETC is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. The sector average is about $96M. Explore the charts below for those layers of context.
After noting TETC's net income ($31M), review year-over-year change from $8.5M, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.