SolarBank Corporation (NEO: SUNN)
Canada
· Delayed Price · Currency is CAD 3.100
+0.100 (3.33%)
Dec 20, 2024, 1:40 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 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Jun '23 Jun 30, 2023 | Jun '22 Jun 30, 2022 | Jun '21 Jun 30, 2021 |
| Operating Revenue | 66.7 | 58.38 | 18.4 | 10.2 | 7.35 |
| Other Revenue | - | - | - | - | -0 |
| Revenue | 66.7 | 58.38 | 18.4 | 10.2 | 7.35 |
| Revenue Growth (YoY) | 223.82% | 217.31% | 80.41% | 38.81% | - |
| Operations & Maintenance | 0.18 | 0.14 | 0.02 | - | 0.02 |
| Selling, General & Admin | 10.24 | 8.5 | 3.05 | 0.46 | 0.39 |
| Depreciation & Amortization | 0.08 | 0.08 | 0.05 | 0.03 | 0.01 |
| Provision for Bad Debts | - | - | - | - | 0.21 |
| Other Operating Expenses | 54.91 | 48.39 | 14.91 | 10.07 | 6.79 |
| Total Operating Expenses | 65.95 | 57.97 | 20.97 | 10.56 | 7.41 |
| Operating Income | 0.75 | 0.41 | -2.57 | -0.36 | -0.07 |
| Interest Expense | -2.21 | -0.42 | -0.13 | -0.15 | -0.33 |
| Interest Income | 0.46 | 0.32 | 0.13 | - | - |
| Net Interest Expense | -1.76 | -0.1 | 0 | -0.15 | -0.33 |
| Currency Exchange Gain (Loss) | 0.04 | 0.15 | 0.01 | -0.01 | - |
| Other Non-Operating Income (Expenses) | 2.97 | 4.13 | 6.48 | 0.08 | 0.29 |
| EBT Excluding Unusual Items | 2.01 | 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 | - | - | -0.72 | 0.13 | - |
| Pretax Income | -1.59 | -0.63 | 3.19 | -0.31 | -0.11 |
| Income Tax Expense | 3.79 | 2.95 | 0.95 | -0.12 | 0.05 |
| Earnings From Continuing Ops. | -5.38 | -3.58 | 2.24 | -0.19 | -0.16 |
| Minority Interest in Earnings | 0.71 | 0.1 | - | - | 0.03 |
| Net Income | -4.67 | -3.47 | 2.24 | -0.19 | -0.13 |
| Net Income to Common | -4.67 | -3.47 | 2.24 | -0.19 | -0.13 |
| Shares Outstanding (Basic) | 28 | 27 | 20 | 16 | 16 |
| Shares Outstanding (Diluted) | 28 | 27 | 37 | 16 | 16 |
| Shares Change (YoY) | -34.25% | -27.38% | 132.71% | - | - |
| EPS (Basic) | -0.17 | -0.13 | 0.11 | -0.01 | -0.01 |
| EPS (Diluted) | -0.17 | -0.13 | 0.06 | -0.01 | -0.01 |
| Free Cash Flow | 5.21 | 0.75 | 1.27 | 0.16 | -2.69 |
| Free Cash Flow Per Share | 0.19 | 0.03 | 0.03 | 0.01 | -0.17 |
| Profit Margin | -7.00% | -5.95% | 12.19% | -1.85% | -1.80% |
| Free Cash Flow Margin | 7.80% | 1.29% | 6.89% | 1.57% | -36.59% |
| EBITDA | 2.36 | 0.69 | -2.57 | -0.33 | -0.06 |
| EBITDA Margin | 3.53% | 1.19% | -13.95% | -3.28% | -0.79% |
| D&A For EBITDA | 1.6 | 0.29 | 0.01 | 0.03 | 0.01 |
| EBIT | 0.75 | 0.41 | -2.57 | -0.36 | -0.07 |
| EBIT Margin | 1.13% | 0.70% | -13.99% | -3.54% | -0.92% |
| Effective Tax Rate | - | - | 29.79% | - | - |
| Revenue as Reported | 66.7 | 58.38 | 18.4 | 10.2 | 7.35 |
Source: S&P Capital IQ. Utility template. Financial Sources.