See more : Jupiter Wagons Limited (CEBBCO.NS) Income Statement Analysis – Financial Results
Complete financial analysis of Sunworks, Inc. (SUNWQ) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Sunworks, Inc., a leading company in the Solar industry within the Energy sector.
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Sunworks, Inc. (SUNWQ)
About Sunworks, Inc.
Sunworks, Inc., through its subsidiaries, engages in the provision of photovoltaic and battery based power and storage systems for the commercial, agricultural, industrial, public works, and residential markets in the United States. It is also involved in the design, arrange financing, integrate, install, and manage systems ranging for residential homeowners, and commercial and public works projects. The company was formerly known as Solar3D, Inc. and changed its name to Sunworks, Inc. in March 2016. Sunworks, Inc. was incorporated in 2002 and is headquartered in Provo, Utah. On February 5, 2024, Sunworks, Inc., along with its affiliates, filed a voluntary petition for liquidation under Chapter 7 in the U.S. Bankruptcy Court for the District of Delaware.
| Metric | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| Revenue | 161.94M | 101.15M | 37.91M | 59.83M | 70.97M | 77.45M | 86.42M |
| Cost of Revenue | 90.62M | 60.37M | 32.65M | 53.17M | 59.09M | 64.19M | 64.63M |
| Gross Profit | 71.31M | 40.78M | 5.27M | 6.66M | 11.88M | 13.25M | 21.79M |
| Gross Profit Ratio | 44.04% | 40.32% | 13.89% | 11.14% | 16.74% | 17.11% | 25.21% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 36.52M | 28.56M | 13.26M | 11.66M | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 59.21M | 32.76M | 2.90M | 2.99M | 0.00 | 0.00 | 0.00 |
| SG&A | 95.72M | 61.32M | 16.17M | 14.65M | 15.14M | 19.57M | 29.81M |
| Other Expenses | 3.80M | 2.89M | 10.00K | 15.00K | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 99.52M | 64.54M | 16.50M | 15.00M | 15.14M | 19.57M | 29.81M |
| Cost & Expenses | 190.14M | 124.91M | 49.15M | 68.17M | 74.22M | 83.76M | 94.44M |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 172.00K | 381.00K | 714.00K | 863.00K | 544.00K | 924.00K | 1.03M |
| Depreciation & Amortization | 5.93M | 6.94M | 1.15M | 1.00M | 384.00K | 410.00K | 323.00K |
| EBITDA | -22.02M | -19.30M | -14.08M | -7.32M | -4.81M | -5.89M | -8.02M |
| EBITDA Ratio | -13.59% | -13.76% | -26.58% | -12.24% | -4.05% | -7.62% | -8.90% |
| Operating Income | -28.21M | -29.22M | -15.24M | -8.34M | -3.26M | -6.31M | -8.02M |
| Operating Income Ratio | -17.42% | -28.89% | -40.18% | -13.94% | -4.59% | -8.15% | -9.28% |
| Total Other Income/Expenses | 92.00K | -3.64M | -704.00K | -848.00K | -2.48M | -908.00K | -1.36M |
| Income Before Tax | -28.12M | -26.63M | -15.94M | -9.19M | -5.74M | -7.22M | -9.38M |
| Income Before Tax Ratio | -17.36% | -26.32% | -42.04% | -15.35% | -8.09% | -9.32% | -10.85% |
| Income Tax Expense | 94.00K | 3.28M | 724.00K | 878.00K | 0.00 | 0.00 | 1.00 |
| Net Income | -28.21M | -26.63M | -15.94M | -9.19M | -5.74M | -7.22M | -9.38M |
| Net Income Ratio | -17.42% | -26.32% | -42.04% | -15.35% | -8.09% | -9.32% | -10.85% |
| EPS | -0.86 | -0.99 | -1.02 | -2.07 | -1.61 | -2.27 | -3.25 |
| EPS Diluted | -0.86 | -0.99 | -1.02 | -2.07 | -1.61 | -2.27 | -3.25 |
| Weighted Avg Shares Out | 32.83M | 26.95M | 15.60M | 4.45M | 3.56M | 3.17M | 2.89M |
| Weighted Avg Shares Out (Dil) | 32.83M | 26.95M | 15.60M | 4.45M | 3.56M | 3.17M | 2.89M |
Source: https://incomestatements.info
Category: Stock Reports