Emeren Group Ltd (SOL)

Emeren Group Income Statement

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

Year Ending	TTM	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Revenue	86.34	61.29	79.66	73.5	119.12	96.91
Revenue Growth (YoY)	47.74%	-23.06%	8.38%	-38.29%	22.92%	-5.89%
Cost of Revenue	60.41	45.95	48.24	56.82	84.89	68.84
Gross Profit	25.93	15.34	31.42	16.69	34.23	28.07
Selling, General & Admin	24.02	17.62	17.3	14.95	16.51	11.09
Other Operating Expenses	5.03	0.35	1.47	-5.04	18.68	1.45
Operating Expenses	29.05	17.97	18.77	9.91	35.19	12.54
Operating Income	-3.12	-2.63	12.65	6.78	-0.96	15.53
Interest Expense / Income	0.65	3.17	5.15	6.21	9.16	8.7
Other Expense / Income	-2.59	-3.05	-0.14	-2.37	-2.4	5.26
Pretax Income	-1.18	-2.75	7.64	2.94	-7.73	1.57
Income Tax	1.77	1.92	0.77	0.16	1.11	-0.19
Net Income	-2.95	-4.67	6.86	2.78	-8.83	1.76
Net Income Growth	-	-	146.95%	-	-	-94.89%
Shares Outstanding (Basic)	572	670	698	481	381	381
Shares Change	-14.52%	-4.02%	45.09%	26.26%	-0.05%	90.00%
EPS (Basic)	-	-	-	0.70	-2.20	0.50
EPS (Diluted)	-	-	-	0.70	-2.20	0.50
EPS Growth	-	-	-	-	-	-61.54%
Free Cash Flow	-38.51	-73.01	13.56	-10.74	54.32	-91.49
Free Cash Flow Per Share	-0.67	-1.09	0.19	-0.22	1.43	-2.40
Gross Margin	30.03%	25.02%	39.45%	22.70%	28.73%	28.97%
Operating Margin	-3.62%	-4.30%	15.88%	9.22%	-0.81%	16.03%
Profit Margin	-3.41%	-7.62%	8.61%	3.78%	-7.41%	1.82%
Free Cash Flow Margin	-44.61%	-119.12%	17.02%	-14.62%	45.60%	-94.41%
Effective Tax Rate	-	-	10.14%	5.54%	-	-12.02%
EBITDA	-	7.23	19.58	16.49	9.23	18.68
EBITDA Margin	-	11.80%	24.58%	22.43%	7.75%	19.27%
Depreciation & Amortization	-	6.82	6.79	7.34	7.8	8.4
EBIT	-0.54	0.41	12.79	9.15	1.43	10.27
EBIT Margin	-0.62%	0.67%	16.06%	12.45%	1.20%	10.60%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).