Sunrise New Energy Co., Ltd. (EPOW)

Sunrise New Energy Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	65	45.05	38.13	7.41	23.18
Revenue Growth (YoY)	44.28%	18.16%	414.57%	-68.04%	29.32%
Cost of Revenue	70.8	57.45	39.48	3.89	2.98
Gross Profit	-5.8	-12.4	-1.35	3.52	20.2
Selling, General & Admin	8.29	13.78	13.75	8.78	4.8
Research & Development	2.51	1.19	1.05	2.15	0.67
Operating Expenses	10.8	14.98	14.81	10.93	5.47
Operating Income	-16.6	-27.38	-16.16	-7.41	14.73
Interest Expense	-2.02	-2.16	-0.03	-	-
Interest & Investment Income	0.2	-	-	0.17	0.21
Other Non Operating Income (Expenses)	0.44	0.94	0.09	0.4	0.07
EBT Excluding Unusual Items	-17.98	-28.6	-16.1	-6.83	15.01
Gain (Loss) on Sale of Investments	-	-1.17	-3.57	-2.12	-0
Asset Writedown	-	-3.15	-2.65	-	-
Pretax Income	-17.98	-32.92	-22.32	-8.95	15.01
Income Tax Expense	0.01	-0	0.81	-0.24	3.05
Earnings From Continuing Operations	-17.98	-32.92	-23.12	-8.71	11.96
Minority Interest in Earnings	6.2	8.69	0.49	0.31	0.13
Net Income	-11.78	-24.23	-22.64	-8.4	12.09
Preferred Dividends & Other Adjustments	0.98	3.31	1.76	-	-
Net Income to Common	-12.76	-27.55	-24.4	-8.4	12.09
Net Income Growth	-	-	-	-	24.02%
Shares Outstanding (Basic)	26	26	25	24	17
Shares Outstanding (Diluted)	26	26	25	24	17
Shares Change (YoY)	3.05%	3.23%	5.00%	40.71%	-
EPS (Basic)	-0.48	-1.08	-0.98	-0.36	0.72
EPS (Diluted)	-0.48	-1.08	-0.98	-0.36	0.72
EPS Growth	-	-	-	-	24.02%
Free Cash Flow	-7.82	-12.76	-53.29	-6.61	5.34
Free Cash Flow Per Share	-0.30	-0.50	-2.15	-0.28	0.32
Gross Margin	-8.92%	-27.53%	-3.54%	47.54%	87.14%
Operating Margin	-25.53%	-60.77%	-42.38%	-100.01%	63.53%
Profit Margin	-19.63%	-61.15%	-63.99%	-113.41%	52.14%
Free Cash Flow Margin	-12.03%	-28.31%	-139.77%	-89.16%	23.05%
EBITDA	-11.5	-23.21	-13.97	-6.42	15.59
EBITDA Margin	-17.69%	-51.51%	-36.64%	-86.67%	67.26%
D&A For EBITDA	5.1	4.17	2.19	0.99	0.87
EBIT	-16.6	-27.38	-16.16	-7.41	14.73
EBIT Margin	-25.53%	-60.77%	-42.38%	-100.01%	63.53%
Effective Tax Rate	-	-	-	-	20.35%
Revenue as Reported	65	45.05	38.13	7.41	23.18

Updated Dec 30, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q