SolarBank Corporation (NEO:SUNN)
Canada
· Delayed Price · Currency is CAD 5.10
-0.40 (-7.27%)
Feb 28, 2025, 4:00 PM EST
SolarBank Income Statement
Financials in millions CAD. Fiscal year is July - June.
Millions CAD. Fiscal year is Jul - Jun.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Jun '24 Jun 30, 2024 | Jun '23 Jun 30, 2023 | Jun '22 Jun 30, 2022 | Jun '21 Jun 30, 2021 |
| Operating Revenue | 52.15 | 58.38 | 18.4 | 10.2 | 7.35 |
| Other Revenue | - | - | - | - | -0 |
| Revenue | 52.15 | 58.38 | 18.4 | 10.2 | 7.35 |
| Revenue Growth (YoY) | 43.76% | 217.31% | 80.41% | 38.81% | - |
| Cost of Revenue | 39.63 | 46.84 | 13.88 | 8.23 | 4.83 |
| Gross Profit | 12.53 | 11.54 | 4.52 | 1.97 | 2.51 |
| Selling, General & Admin | 12.58 | 10.19 | 4.1 | 2.3 | 2.36 |
| Operating Expenses | 13.04 | 11.13 | 7.09 | 2.33 | 2.58 |
| Operating Income | -0.51 | 0.41 | -2.57 | -0.36 | -0.07 |
| Interest Expense | -2.87 | -0.42 | -0.13 | -0.15 | -0.33 |
| Interest & Investment Income | 0.49 | 0.32 | 0.13 | - | - |
| Currency Exchange Gain (Loss) | 0.14 | 0.15 | 0.01 | -0.01 | - |
| Other Non Operating Income (Expenses) | 2.68 | 4.13 | 6.48 | 0.08 | 0.29 |
| EBT Excluding Unusual Items | -0.07 | 4.59 | 3.92 | -0.44 | -0.11 |
| Impairment of Goodwill | -4.1 | -4.1 | - | - | - |
| Gain (Loss) on Sale of Investments | 0.51 | -1.12 | - | - | - |
| Other Unusual Items | -0.2 | - | -0.72 | 0.13 | - |
| Pretax Income | -3.85 | -0.63 | 3.19 | -0.31 | -0.11 |
| Income Tax Expense | 3.6 | 2.95 | 0.95 | -0.12 | 0.05 |
| Earnings From Continuing Operations | -7.46 | -3.58 | 2.24 | -0.19 | -0.16 |
| Minority Interest in Earnings | 1.84 | 0.1 | - | - | 0.03 |
| Net Income | -5.62 | -3.47 | 2.24 | -0.19 | -0.13 |
| Net Income to Common | -5.62 | -3.47 | 2.24 | -0.19 | -0.13 |
| Shares Outstanding (Basic) | 29 | 27 | 20 | 16 | 16 |
| Shares Outstanding (Diluted) | 29 | 27 | 37 | 16 | 16 |
| Shares Change (YoY) | -39.65% | -27.38% | 132.71% | - | - |
| EPS (Basic) | -0.19 | -0.13 | 0.11 | -0.01 | -0.01 |
| EPS (Diluted) | -0.19 | -0.13 | 0.06 | -0.01 | -0.01 |
| Free Cash Flow | -29.96 | 0.75 | 1.27 | 0.16 | -2.69 |
| Free Cash Flow Per Share | -1.04 | 0.03 | 0.03 | 0.01 | -0.17 |
| Gross Margin | 24.02% | 19.77% | 24.56% | 19.28% | 34.22% |
| Operating Margin | -0.97% | 0.70% | -13.99% | -3.54% | -0.92% |
| Profit Margin | -10.77% | -5.95% | 12.19% | -1.85% | -1.80% |
| Free Cash Flow Margin | -57.45% | 1.29% | 6.89% | 1.57% | -36.59% |
| EBITDA | 2.4 | 0.69 | -2.57 | -0.33 | -0.06 |
| EBITDA Margin | 4.60% | 1.19% | -13.95% | -3.28% | -0.79% |
| D&A For EBITDA | 2.91 | 0.29 | 0.01 | 0.03 | 0.01 |
| EBIT | -0.51 | 0.41 | -2.57 | -0.36 | -0.07 |
| EBIT Margin | -0.97% | 0.70% | -13.99% | -3.54% | -0.92% |
| Effective Tax Rate | - | - | 29.79% | - | - |
| Revenue as Reported | 52.15 | 58.38 | 18.4 | 10.2 | 7.35 |
| Advertising Expenses | - | 4.09 | 0.28 | 0.01 | 0 |
Source: S&P Capital IQ. Standard template. Financial Sources.