SolarBank Past Earnings Performance
Past criteria checks 0/6
SolarBank's earnings have been declining at an average annual rate of -12.1%, while the Construction industry saw earnings growing at 15.4% annually. Revenues have been growing at an average rate of 223.8% per year.
Key information
-12.1%
Earnings growth rate
-1.5%
EPS growth rate
| Construction Industry Growth | -12.0% |
| Revenue growth rate | 223.8% |
| Return on equity | -8.5% |
| Net Margin | -7.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent 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 |
|---|---|---|---|---|
| 30 Sep 24 | 67 | -5 | 13 | 0 |
| 30 Jun 24 | 58 | -3 | 11 | 0 |
| 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: GY2 is currently unprofitable.
Growing Profit Margin: GY2 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GY2 is unprofitable, and losses have increased over the past 5 years at a rate of 12.1% per year.
Accelerating Growth: Unable to compare GY2's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GY2 is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (10.3%).
Return on Equity
High ROE: GY2 has a negative Return on Equity (-8.48%), as it is currently unprofitable.