SolarBank Past Earnings Performance
Past criteria checks 1/6
SolarBank has been growing earnings at an average annual rate of 103.1%, while the Construction industry saw earnings growing at 12.7% annually. Revenues have been growing at an average rate of 74.2% per year. SolarBank's return on equity is 15.9%, and it has net margins of 7.4%.
Key information
103.1%
Earnings growth rate
104.5%
EPS growth rate
| Construction Industry Growth | 9.5% |
| Revenue growth rate | 74.2% |
| Return on equity | 15.9% |
| Net Margin | 7.4% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How SolarBank makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 60 | 4 | 10 | 0 |
| 31 Dec 23 | 36 | 4 | 10 | 0 |
| 30 Sep 23 | 21 | 4 | 8 | 0 |
| 30 Jun 23 | 18 | 2 | 7 | 0 |
| 31 Mar 23 | 10 | 3 | 6 | 0 |
| 31 Dec 22 | 10 | 0 | 2 | 0 |
| 30 Sep 22 | 13 | 0 | 2 | 0 |
| 30 Jun 22 | 10 | 0 | 2 | 0 |
| 30 Jun 21 | 7 | 0 | 3 | 0 |
Quality Earnings: SUNN has a high level of non-cash earnings.
Growing Profit Margin: SUNN's current net profit margins (7.4%) are lower than last year (26.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if SUNN's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare SUNN's past year earnings growth to its 5-year average.
Earnings vs Industry: SUNN earnings growth over the past year (72.9%) exceeded the Construction industry 57%.
Return on Equity
High ROE: SUNN's Return on Equity (15.9%) is considered low.