Solar Alliance Energy Inc.

TSXV:SOLR Stock Report

Market Cap: CA$13.7m

Solar Alliance Energy Past Earnings Performance

Past criteria checks 0/6

Solar Alliance Energy has been growing earnings at an average annual rate of 5.7%, while the Renewable Energy industry saw earnings growing at 36.2% annually. Revenues have been growing at an average rate of 27.7% per year.

Key information

5.7%

Earnings growth rate

22.9%

EPS growth rate

Renewable Energy Industry Growth16.2%
Revenue growth rate27.7%
Return on equityn/a
Net Margin-2.3%
Last Earnings Update31 Mar 2024

Recent past performance updates

Recent updates

We Think Solar Alliance Energy (CVE:SOLR) Needs To Drive Business Growth Carefully

Dec 06
We Think Solar Alliance Energy (CVE:SOLR) Needs To Drive Business Growth Carefully

Revenue & Expenses Breakdown

How Solar Alliance Energy makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSXV:SOLR Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 248030
31 Dec 237-230
30 Sep 235-240
30 Jun 236-340
31 Mar 235-340
31 Dec 225-340
30 Sep 226040
30 Jun 223-130
31 Mar 224-130
31 Dec 214030
30 Sep 213-230
30 Jun 214-230
31 Mar 213-220
31 Dec 204-120
30 Sep 203-120
30 Jun 203-120
31 Mar 203-230
31 Dec 192-320
30 Sep 191-230
30 Jun 192-230
31 Mar 191-220
31 Dec 182-230
30 Sep 184-640
30 Jun 184-540
31 Mar 184-850
31 Dec 175-750
30 Sep 174-550
30 Jun 175-650
31 Mar 176-340
31 Dec 166-350
30 Sep 166750
30 Jun 164750
31 Mar 163540
31 Dec 152640
30 Sep 151-430
30 Jun 1501620
31 Mar 1501520
31 Dec 1401320
30 Sep 140820
30 Jun 140-1220
31 Mar 140-1120
31 Dec 130-1020
30 Sep 130-1420

Quality Earnings: SOLR is currently unprofitable.

Growing Profit Margin: SOLR is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SOLR is unprofitable, but has reduced losses over the past 5 years at a rate of 5.7% per year.

Accelerating Growth: Unable to compare SOLR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SOLR is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (139.8%).


Return on Equity

High ROE: SOLR's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


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