SUNation Energy Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $71.9M | $56.9M | $79.6M | $27.5M | $38.2K | $8.1M | $50.9M | $42.4M |
| Cost of Revenue | $44.4M | $36.4M | $51.9M | $20.1M | $4.6M | $5.8M | $28.7M | $24.7M |
| Gross Profit | $27.5M | $20.4M | $27.7M | $7.4M | $38.2K | $2.3M | $22.2M | $17.6M |
| Gross Margin | 38.3% | 35.9% | 34.8% | 26.8% | 100.0% | 28.7% | 43.6% | 41.6% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | $2.8M | $3.6M | $3.5M |
| SG&A Expense | $27.0M | $27.1M | $29.1M | $12.2M | $1.1M | $7.1M | $22.2M | $22.4M |
| Operating Income | $-1.7M | $-12.3M | $-7.5M | $-10.4M | $-4.9M | $-5.6M | $9.2K | $-4.8M |
| Operating Margin | -2.3% | -21.7% | -9.4% | -38.0% | -12,741.2% | -69.6% | 0.0% | -11.2% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-10.8M | $-15.8M | $-6.8M | $-3.3M | $-6.2M | $-4.7M | $235.4K | $-4.5M |
| Income Tax Expense | $51.1K | $34.8K | $119.2K | $12.2K | $24.6K | $14.6K | $-15.3K | $404.4K |
| Net Income | $-10.9M | $-15.8M | $-8.1M | $-10.4M | $-6.2M | $-171.7K | $6.5M | $-6.8M |
| Net Margin | -15.1% | -27.9% | -10.2% | -37.6% | -16,339.7% | -2.1% | 12.7% | -16.0% |
| EPS (Basic) | $-4.38 | $-2,022.19 | $-122.31 | $-0.81 | $-0.20 | $0.00 | $0.07 | $-0.08 |
| EPS (Diluted) | $-4.38 | $-2,022.19 | $-122.31 | $-0.81 | $-0.20 | $0.00 | $0.07 | $-0.08 |
| Shares Outstanding (Basic) | 2.5M | 2.7M | 50.2M | 33.7M | 30.7M | 93.2M | 92.7M | 91.1M |
| Shares Outstanding (Diluted) | 2.5M | 2.7M | 50.2M | 33.7M | 30.7M | 93.2M | 93.4M | 91.1M |
| Dividends Per Share | — | — | — | — | $0.35 | $0.00 | — | — |