Photon Marine develops electric propulsion systems designed for marine environments, focusing on performance and cost efficiency.

Photon Marine

Alloy provides identity risk solutions for financial services, including fraud detection, compliance assistance, onboarding processes, ongoing monitoring, and credit underwriting.

Alloy

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, and industrial gas turbines worldwide. Its Construction Industries segment offers asphalt pavers, backhoe loaders, compactors, cold planers, compact track and multi-terrain loaders, excavators, motorgraders, pipelayers, road reclaimers, site prep tractors, skid steer loaders, telehandlers, and utility vehicles; mini, small, medium, and large excavators; compact, small, and medium wheel loaders; track-type tractors and loaders; and wheel excavators. The Resource Industries segment provides electric rope shovels, draglines, hydraulic shovels, rotary drills, hard rock vehicles, track-type tractors, mining trucks, longwall miners, wheel loaders, off-highway trucks, articulated trucks, wheel tractor scrapers, wheel dozers, fleet management, landfill compactors, soil compactors, machinery components, autonomous ready vehicles and solutions, select work tools, and safety services and mining performance solutions. The Energy & Transportation segment offers reciprocating engines, generator sets, integrated systems and solutions, turbines and turbine-related services, remanufactured reciprocating engines and components, centrifugal gas compressors, diesel-electric locomotives and components, and other rail-related products and services for marine, oil and gas, industrial, and electric power generation sectors. The company's Financial Products segment provides operating and finance leases, installment sale contracts, working capital loans, and wholesale financing plans; and insurance and risk management products for vehicles, power generation facilities, and marine vessels. The All Other operating segment manufactures filters and fluids, undercarriage, ground engaging tools, etc. The company was formerly known as Caterpillar Tractor Co. and changed its name to Caterpillar Inc. in 1986. The company was founded in 1925 and is headquartered in Deerfield, Illinois.

Benjamin Hodel

Denise C. Johnson

Caterpillar Inc.

Correct Craft is involved in the marine industry, offering various boat brands and associated products and services. The company is self-described as having 99 years of excellence and integrity.

Correct Craft

Photon Marine | 1,454 followers on LinkedIn. High-powered electric outboard motors and intelligent energy management for marine transportation fleets. | At Photon, our vision is to preserve the planet’s waterways and oceans through the adoption of electric propulsion technology. When compared to boats powered by internal combustion engines, we estimate that our product will reduce the total cost of ownership by almost half, require less maintenance without sacrificing performance while eliminating the use of fossil fuels. This is a clear and ripe opportunity for technical innovation that’s good for people, planet, and profit.

Founder & Managing Partner @ Lane VC

⚡️Kasey Evans

Chief Executive Officer at Photon Marine

Marcelino Alvarez

Growth Consultant, Explorer, Innovator

Ben Griner

Consumer Focused Innovation and Product Development Leader

Marcus Marjama

Just getting started at WorkBoat ! Come saye hello at our booth, #543.

Come see our CEO moderate a panel featuring a distinguished set of marine industry experts at WorkBoat ! We also have a few sea trials still available. DM for details.

🌊 Join Photon Marine at the 2024 NOLA Workboat Show this November! We are thrilled to formally announce Photon Marine’s participation in the upcoming 2024 Workboat Show, taking place this November in New Orleans. This year, we are very excited to partner with Ghostworks and Silverback Marine, joining them at their booths to showcase the latest advancements in sustainable marine technology. In addition, we will be offering a unique sea trials element to our presence, allowing for an advanced demonstration of our cutting-edge electric propulsion systems in real-world conditions. Additionally, Photon will be presenting twice throughout the event this year, the first led by our CEO discussing port electrification programs ( https://t.ly/mx2e5 ), and the second by our CTO offering you a deep dive into electric propulsion systems ( https://t.ly/umASz ). The NOLA Workboat Show brings together key players in the maritime industry, and we look forward to engaging with fellow professionals, exchanging ideas, and exploring collaborative opportunities aimed at advancing clean, efficient, marine transportation. 📅 Event Dates: November 12-14, 2024 📍 Location: Ernest N. Morial Convention Center, New Orleans, LA We invite you to join us at the event, meet the Photon Marine team, and witness firsthand the future of marine propulsion technology. #PhotonMarine #EVMotors #WorkboatShow2024 #SilverbackMarine #Ghostworks #Innovation #Conservation #Maritime #Ocean

Excited to be headed to this year’s NYC Climate Week. If you’re around and want to meet up, drop me a line. And if you want to learn more about marine decarbonization this Thursday, hit the link below to RSVP. Thanks to Washington Maritime Blue , 1000 Ocean Startups , and Seaworthy Collective for the opportunity to speak. Looking forward to sharing the stage with {CODENAME: E-LIXR} !

We’re thrilled to announce that the Port Of Friday Harbor and Photon Marine have been awarded a $7M grant from the Washington State Department of Transportation to decarbonize and electrify its operations, including deploying three electric workboats powered by Photon’s electric outboard motors, high-speed charging stations, upgraded marina pedestals, an electric boat lift, and a solar canopy and microgrid. Marine electrification is all about ecosystem development, and our friends at the Port joined a host of Photon’s partners to create a compelling vision that will serve as a model for small ports all around the world! Washington Maritime Blue Pacific Northwest National Laboratory Silverback Marine EnergiSpot Mostar Labs Inc. VoltSafe Inc. Hit the link below for the full press release.

📸 Say hi to the 2024 Tech Deployment Track cohort! Our eight-month deployment accelerator program kicks off in person next month in Anchorage, and today Launch Alaska staff members gathered with incoming companies for a virtual orientation session to prepare for the big day. We can’t wait to welcome Cascadia Seaweed , FlyWire Cameras , General Galactic , Greentaxi Solutions , Linebird , Minesto , Phoenix Waste Solutions , Photon Marine , RWI Synthetics , SeaDeep , SpaceLab LTD , and TerraFixing to #Alaska : Here’s what comes next ➡ https://lnkd.in/gJcK8rXD

Launch Alaska

🚤 Making Waves in Marine Innovation with Marce Alvarez 🌊 Excited to share a highlight from our latest Founder Spotlight, featuring Marcelino Alvarez , the visionary Founder and CEO of Photon Marine ! In this interview, Marce takes us through the journey of Photon Marine, from its origins to the challenges faced along the way, and how coLAB partnered with him to scale their growth and drive innovation in the marine industry. Photon Marine is leading the charge in revolutionizing water transportation with electric propulsion systems that are both efficient and environmentally friendly. 🌍 This clip is just a glimpse—head over to our YouTube page to watch the full interview and discover how coLAB is empowering forward-thinking founders like Marce to achieve their growth ambitions. 🎥 🚀 Watch the full video here: https://lnkd.in/gByehS3z Inspired by Photon Marine's journey? Let’s connect and explore how coLAB can help bring your vision to life! 🌟 #FounderSpotlight #PhotonMarine #coLAB #MarineInnovation #Sustainability #Entrepreneurship

coLab

Alaska is home to some of the most naturally beautiful and environmentally sensitive structures in the world! That being said, we are happy to be announce that Photon Marine has been included in the Launch Alaska program! This program serves as a #blueprint by bringing vital clean tech companies together to #decarbonize the planet, starting with Alaska. Programs like Launch Alaska serve as a blueprint for future programs to upstart clean tech projects that foster important collaboration. Check out Launch Alaska 's website to learn more about their program and mission!

This event served as a great reminder that we all share the same planet, and that we are all here to help each other be successful. So proud to see our CEO Marcelino Alvarez Alvarez’s passion for creating innovative solutions that promote an equitable world both environmentally and technologically. Check out The Oregon Community Foundation ’s page for more information about the great work they do!

Photon Marine and Silverback Marine are changing the way the world thinks about workboats.

Metric
Company Name	Photon Marine	Alloy	Caterpillar Inc.	Correct Craft
Symbol			CAT
MSH ID	COM:PHOTONMARINE	COM:ALLOY	COM:CATERPILLAR	COM:CORRECTCRAFT
Market	PRIVATE	PRIVATE	STOCKS	PRIVATE
Sector	Technology	Financial Services & Finance	Industrials	Consumer Goods
Industry	Marine Technology	Fintech	Agricultural - Machinery	Marine Manufacturing
Country	US	US	US	US
Stage
Employee Count			113.20K
Website	photonmarine.com	alloy.com	caterpillar.com	correctcraft.com
LinkedIn	photon-marine			correct-craft
Founders

Metric
Market Cap	160.64B
Enterprise Value
Monthly Web Traffic		1.18K
Web Traffic Growth		-0.34
Valuation
Raised Capital	5.04M

Metric
Revenue			67.06B
Revenue (LTM)
Revenue (NTM)
Gross Profit			23.45B
EBITDA			15.97B
Operating Income			13.83B
Net Income			10.34B
EPS			20.24
Diluted EPS			20.12
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin			0.36
Operating Profit Margin			0.21
EBITDA Margin			0.24
Net Profit Margin			0.17
Return on Equity			0.59
Return on Assets			0.13
Return on Capital Employed			0.28

PHOT

COM:PHOTONMARINE

Photon Marine

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio			17.99
P/B Ratio			8.00
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio			2.94
EV Multiple			10.03

Metric
Days Sales Outstanding			102.74
Days Payables Outstanding			64.50
Days Inventory Outstanding			146.56
Operating Cycle			252.04
Cash Conversion Cycle			187.05
Asset Turnover			0.80

Metric
Operating Cash Flow			12.88B
Free Cash Flow			9.79B
Cash Flow to Debt			0.35
Operating Cash Flow/Sales			0.20
Free Cash Flow Yield			0.05

Metric
Cash & Equivalents			6.98B
Accounts Receivable			-437M
Inventory			16.57B
Goodwill			5.31B
Debt to Capitalization			0.69
Debt to Assets			0.43
Current Ratio			1.45
Quick Ratio			0.83

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue			-0.00
R&D to Revenue			0.03
SG&A to Revenue