SolarBank
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. SolarBank's past years’ income statements indicate that its last revenue has increased compared to the previous period by 321% to $58,377,133. Profit margin reached -6%. Total operating expenses were $11,996,303.
Profit Margin
| 2023 | 13.87M | 1.69M | 12.19% |
|---|---|---|---|
| 2024 | 58.37M | -3.47M | -5.95% |
SUUN Income Statement (2023 – 2024)
| 2024 | 2023 | |
|---|---|---|
Revenue | ||
Revenue | 58.37M | 13.87M |
Cost of revenue | 46.69M | 10.49M |
Gross profit | 11.67M | 3.38M |
Operating exp. | ||
Research and development | 0 | 0 |
Selling and marketing | 4.08M | 282.90K |
Total operating expenses | 11.99M | 5.32M |
Operating income | -317.60K | -1.94M |
Other income (expenses), net | -313.37K | 5.76M |
Income before tax | -630.98K | 2.40M |
Income tax expense | 2.94M | 717.56K |
Net income | -3.47M | 1.69M |
Earnings per share | ||
Basic EPS | -0.13 | 0.06 |
Diluted EPS | -0.09 | 0.06 |
| Data source |