OKLOOklo Inc.
Electric Services
- Revenue
- —
- Operating margin
- —
- EBITDA
- −$139M
- 164% YoY
- Market cap
- $4.7B
- Employees
- 205
- Net debt / EBITDA
- —
- −$1.6B net debt
- AI in 10-K
- 3.9
- mentions per 10K words
Takeover score 2 of 13
Fixable underperformance 0 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo—Cash flow under 80% of net income
- Dilutive SBCNo—Over 10% of revenue
- Payouts exceed cash flowNo-263% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo0% of assetsOver 40% of assets
- Shareholder dissentNo83% lowest supportAny vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeNo—Bottom quartile of its SIC industry
- Quiet on AINo3.9 per 10K words · 77th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo—More cash than debt, positive EBITDA
- Buyout-sizedYes$4.7B market capMarket cap $500M–$5B
Catalysts 1 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingYes−$481M netNet sales over $10M in 12 months
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|
| Operating income | −$2M | −$19M | −$53M | −$139M | 164% |
| Net income | $4M | −$32M | −$74M | −$106M | 44% |
| Operating cash flow | −$955K | −$16M | −$38M | −$82M | 114% |
| Capex | — | $83K | $352K | $33M | 9333% |
| Stock-based comp | — | $777K | $12M | $42M | 235% |
| Buybacks | — | $216M | — | — |
Deal filings
None.
13D filers
| Filed | Filer | Form | Stake | Intent |
|---|---|---|---|---|
| Jul 6, 2026 | DeWitte Jacob | SCHEDULE 13D/A | 11.1% | Passive |
| Apr 21, 2026 | DeWitte Jacob | SCHEDULE 13D/A | 24.4% | Passive |
| Jul 2, 2025 | DeWitte Jacob | SCHEDULE 13D/A | 16.2% | Passive |
| Apr 4, 2025 | Altman Samuel H. | SCHEDULE 13D/A | 4.8% | Passive |
| Apr 2, 2025 | DeWitte Jacob | SCHEDULE 13D/A | 18.2% | Passive |
| Dec 23, 2024 | Altman Samuel H. | SCHEDULE 13D | 8.2% | Passive |
| Nov 21, 2024 | DeWitte Jacob | SC 13D/A | 41.6% | Passive |
| Aug 6, 2024 | DeWitte Jacob | SC 13D/A | 19.9% | Passive |
| May 16, 2024 | DeWitte Jacob | SC 13D | 36.2% | Passive |
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $481M · 260
- Net
- −$481M
Pay vs performance
No pay-versus-performance disclosure yet.