SUUN
SolarBank Corporation Common Stock
NASDAQ: SUUN · UTILITIES · UTILITIES - RENEWABLE
$0.58
-9.53% today
Updated 2026-04-29
Market cap
$29.80M
P/E ratio
—
P/S ratio
0.67x
EPS (TTM)
$-0.18
Dividend yield
—
52W range
$0 – $3
Volume
0.7M
SolarBank Corporation Common Stock (SUUN) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $7.35M | $18.39M | $18.40M | $58.38M | $58.38M | $41.53M |
| Revenue growth (YoY) | — | +150.3% | +0.1% | +217.3% | +0.0% | -28.9% |
| Cost of revenue | $4.83M | $13.90M | $13.86M | $46.70M | $46.70M | $32.52M |
| Gross profit | $2.51M | $4.49M | $4.54M | $11.68M | $11.68M | $9.01M |
| Gross margin | 34.2% | 24.4% | 24.7% | 20.0% | 20.0% | 21.7% |
| R&D | — | — | — | — | — | — |
| SG&A | $181257.00 | $2.25M | $6.53M | $10.05M | $6.60M | $13.07M |
| Operating income | $-58182.00 | $-2.57M | $-2.68M | $-318000.00 | $-317607.00 | $-8.44M |
| Operating margin | -0.8% | -14.0% | -14.5% | -0.5% | -0.5% | -20.3% |
| EBITDA | $-58182.00 | $3.24M | $-2.63M | — | $63753.00 | $-4.28M |
| EBITDA margin | -0.8% | 17.6% | -14.3% | 0.0% | 0.1% | -10.3% |
| EBIT | $-67490.00 | $3.19M | $-2.68M | — | $-346200.00 | $-8.54M |
| Interest expense | — | $150910.00 | $125252.00 | $285000.00 | $284784.00 | $2.40M |
| Income tax | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-132033.00 | $2.24M | $2.24M | $-3.47M | $-3.47M | $-31.04M |
| Net income growth (YoY) | — | +1797.0% | +0.1% | -255.0% | +0.0% | -793.6% |
| Profit margin | -1.8% | 12.2% | 12.2% | -6.0% | -6.0% | -74.7% |