Solar Alliance Energy Inc. (SAENF)

Solar Alliance Energy Income Statement

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	4.76	5.45	7.47	4.83	3.67	3.5
Revenue Growth (YoY)	-35.92%	-27.12%	54.87%	31.63%	4.73%	58.86%
Selling, General & Admin	1.19	1.25	1.32	1.95	1.28	0.9
Depreciation & Amortization	0.01	0.02	0.04	0.03	0.03	0.05
Provision for Bad Debts	0.2	0.2	-	-	0.07	-
Other Operating Expenses	5.03	5.27	7.79	6.69	4.82	3.72
Total Operating Expenses	6.44	6.75	9.44	8.66	6.2	4.67
Operating Income	-1.68	-1.3	-1.97	-3.84	-2.53	-1.17
Interest Expense	0.01	-	-	-0.05	-0.05	-0.15
Interest Income	-	-	-	0.01	0.08	0.03
Net Interest Expense	0.01	-	-	-0.04	0.03	-0.13
Currency Exchange Gain (Loss)	0.12	0.25	-0.16	0.43	-0.2	-0.18
Other Non-Operating Income (Expenses)	-0.25	-0.04	0.19	0.02	0.23	-
EBT Excluding Unusual Items	-1.8	-1.09	-1.94	-3.43	-2.47	-1.48
Gain (Loss) on Sale of Assets	-	-	-0.52	-	-	-
Other Unusual Items	0.41	0.41	0.65	0.69	2.02	0.11
Pretax Income	-1.4	-0.68	-1.81	-2.75	-0.45	-1.37
Net Income	-1.4	-0.68	-1.81	-2.75	-0.45	-1.37
Net Income to Common	-1.4	-0.68	-1.81	-2.75	-0.45	-1.37
Shares Outstanding (Basic)	305	295	275	275	270	224
Shares Outstanding (Diluted)	305	295	275	275	270	224
Shares Change (YoY)	11.02%	7.35%	-	1.91%	20.58%	12.56%
EPS (Basic)	-0.00	-0.00	-0.01	-0.01	-0.00	-0.01
EPS (Diluted)	-0.00	-0.00	-0.01	-0.01	-0.00	-0.01
Free Cash Flow	-0.68	-1.85	-0.06	-2.17	-3.74	-0.38
Free Cash Flow Per Share	-0.00	-0.01	-	-0.01	-0.01	-0.00
Profit Margin	-29.38%	-12.56%	-24.24%	-56.92%	-12.24%	-39.15%
Free Cash Flow Margin	-14.21%	-33.99%	-0.83%	-45.03%	-102.00%	-10.85%
EBITDA	-1.67	-1.28	-1.93	-3.81	-2.52	-1.16
EBITDA Margin	-35.07%	-23.42%	-25.82%	-78.90%	-68.61%	-33.11%
D&A For EBITDA	0.01	0.02	0.04	0.03	0.02	0.02
EBIT	-1.68	-1.3	-1.97	-3.84	-2.53	-1.17
EBIT Margin	-35.38%	-23.87%	-26.32%	-79.55%	-69.13%	-33.54%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.