Sunnova Energy International Inc. (NYSE:NOVA) Q4 2022 Results Conference Call February 23, 2023 8:00 AM ET
Company Participants
Rodney McMahan - Vice President of Investor Relations
William Berger - Chairman and Chief Executive Officer
Robert Lane - Executive Vice President and Chief Financial Officer
Conference Call Participants
Philip Shen - ROTH Capital
Julien Dumoulin-Smith - Bank of America
Brian Lee - Goldman Sachs
Mark Strouse - JP Morgan
Corinne Blanchard - Deutsche Bank
Maheep Mandloi - Crédit Suisse
Benjamin Kallo - Robert W. Baird
Ameet Thakkar - BMO Capital Markets
Sean Morgan - Evercore
Pavel Molchanov - Raymond James
Abhishek Sinha - Northland Capital
Ryan Levine - Citi
Operator
Good morning and welcome to Sunnova’s fourth quarter and full-year 2022 earnings conference call. Today’s call is being recorded and we have allocated an hour for prepared remarks and question and answer.
At this time, I would like to turn the conference over to Rodney McMahan, Vice President, Investor Relations at Sunnova. Thank you. Please go ahead.
Rodney McMahan
Thank you, operator. Before we begin, please note during today’s call we will make forward-looking statements that are subject to various risks and uncertainties that are described in our slide presentation, earnings press release, and our 2022 form 10-K. Please see those documents for additional information regarding those factors that may affect these forward-looking statements.
Also, we will reference certain non-GAAP measures during today’s call. Please refer to the appendix of our presentation as well as the earnings press release for the appropriate GAAP to non-GAAP reconciliations and cautionary disclosures.
On the call today are John Berger, Sunnova’s Chairman and Chief Executive Officer and Robert Lane, Executive Vice President and Chief Financial Officer.
I will now turn the call over to John.
William Berger
Good morning and thank you for joining us. Sunnova is in the best position we have ever been in, thanks to our Energy-as-a-Service business model and strong balance sheet. While others have cautioned about slowdowns in growth, demand for our energy services has never been stronger.
Sunnova’s ability to provide customers with lower energy costs, higher reliability, and energy independence, all while offering a wide array of service offerings and unparalleled customer service, has allowed us to actively take market share and expand our total addressable market.
On Slide 3 is a summary of our financial metrics for full-year 2022. Both Adjusted EBITDA and the principal and interest we collect from solar loans fell within our most recent full-year guidance ranges.