SUUN
Income statement / Annual
Last year (2024), SolarBank Corporation's total revenue was $58.38 M,
an increase of 320.61% from the previous year.
In 2024, SolarBank Corporation's net income was -$3.47 M.
See SolarBank Corporation,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
| Period Ended |
06/30/2024 |
06/30/2023 |
06/30/2022 |
06/30/2021 |
| Operating Revenue |
$58.38 M |
$13.88 M |
$10.20 M |
$7.35 M |
| Cost of Revenue |
$46.70 M
|
$10.49 M
|
$8.23 M
|
$4.83 M
|
| Gross Profit |
$11.68 M
|
$3.39 M
|
$1.97 M
|
$2.51 M
|
| Gross Profit Ratio |
0.2
|
0.24
|
0.19
|
0.34
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$6.60 M
|
$6.78 M
|
$2.29 M
|
$181,257.00
|
| Selling & Marketing Expenses |
$4.09 M
|
$282,908.00
|
$8,390.00
|
$3,344.00
|
| Selling, General & Administrative Expenses |
$10.69 M
|
$5.33 M
|
$2.30 M
|
$2.57 M
|
| Other Expenses |
$1.30 M
|
$6.59 M
|
$204,732.00
|
$0.00
|
| Operating Expenses |
$12.00 M
|
$5.33 M
|
$2.33 M
|
$2.29 M
|
| Cost And Expenses |
$58.69 M
|
$15.82 M
|
$10.56 M
|
$7.12 M
|
| Interest Income |
$320,751.00
|
$3,155.00
|
$0.00
|
$332,203.00
|
| Interest Expense |
$284,784.00
|
$0.00
|
$150,910.00
|
$0.00
|
| Depreciation & Amortization |
$409,953.00
|
$37,123.00
|
$25,782.00
|
$9,308.00
|
| EBITDA |
$63,753.00 |
-$2.57 M |
-$130,032.00 |
-$58,182.00 |
| EBITDA Ratio |
0
|
-0.14
|
-0.01
|
-0.01
|
| Operating Income Ratio |
-0.01
|
-0.14
|
-0.02
|
-0.01
|
| Total Other Income/Expenses Net |
-$313,377.00
|
$5.77 M
|
$53,822.00
|
-$40,490.00
|
| Income Before Tax |
-$630,984.00
|
$2.41 M
|
-$306,724.00
|
-$107,980.00
|
| Income Before Tax Ratio |
-0.01
|
0.17
|
-0.03
|
-0.01
|
| Income Tax Expense |
$2.95 M
|
$717,565.00
|
-$118,331.00
|
$49,087.00
|
| Net Income |
-$3.47 M
|
$1.69 M
|
-$188,393.00
|
-$132,033.00
|
| Net Income Ratio |
-0.06
|
0.12
|
-0.02
|
-0.02
|
| EPS |
-0.13 |
0.0631 |
-0.0118 |
-0.01 |
| EPS Diluted |
-0.0929 |
0.0631 |
-0.0118 |
-0.0083 |
| Weighted Average Shares Out |
$27.14 M
|
$26.80 M
|
$16.00 M
|
$13.20 M
|
| Weighted Average Shares Out Diluted |
$37.37 M
|
$26.80 M
|
$16.00 M
|
$16.00 M
|
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