Sunworks Past Earnings Performance
Past criteria checks 0/6
Sunworks's earnings have been declining at an average annual rate of -37.5%, while the Electrical industry saw earnings growing at 9.9% annually. Revenues have been growing at an average rate of 25.5% per year.
Key information
-37.5%
Earnings growth rate
18.3%
EPS growth rate
| Electrical Industry Growth | 9.9% |
| Revenue growth rate | 25.5% |
| Return on equity | -289.2% |
| Net Margin | -40.4% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Investors Give Sunworks, Inc. (NASDAQ:SUNW) Shares A 26% Hiding
Aug 16
We Think Sunworks (NASDAQ:SUNW) Needs To Drive Business Growth Carefully
Mar 04Sunworks: Strategy Initiatives Are A Step In Right Direction
Oct 05Earnings Beat: Sunworks, Inc. (NASDAQ:SUNW) Just Beat Analyst Forecasts, And Analysts Have Been Lifting Their Forecasts
Aug 13Sunworks Q2 2022 Earnings Preview
Aug 08Sunworks: Unprofitable And Overvalued
Jun 16Sunworks appoints Gaylon Morris as CEO
Jan 11Sunworks: Overpriced On Any Metric, No Windfall In Sight
Dec 15Failing to secure stockholder approval, Sunworks terminates merger deal with Peck
Nov 13Revenue & Expenses Breakdown
How Sunworks 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 23 | 155 | -62 | 90 | 0 |
| 30 Jun 23 | 167 | -31 | 96 | 0 |
| 31 Mar 23 | 169 | -26 | 97 | 0 |
| 31 Dec 22 | 162 | -28 | 96 | 0 |
| 30 Sep 22 | 140 | -35 | 88 | 0 |
| 30 Jun 22 | 130 | -36 | 82 | 0 |
| 31 Mar 22 | 126 | -30 | 76 | 0 |
| 31 Dec 21 | 101 | -27 | 61 | 0 |
| 30 Sep 21 | 78 | -18 | 47 | 0 |
| 30 Jun 21 | 54 | -14 | 33 | 0 |
| 31 Mar 21 | 32 | -14 | 20 | 0 |
| 31 Dec 20 | 38 | -16 | 19 | 0 |
| 30 Sep 20 | 44 | -16 | 16 | 0 |
| 30 Jun 20 | 54 | -14 | 16 | 0 |
| 31 Mar 20 | 63 | -13 | 15 | 0 |
| 31 Dec 19 | 60 | -11 | 15 | 0 |
| 30 Sep 19 | 65 | -8 | 14 | 0 |
| 30 Jun 19 | 65 | -7 | 14 | 0 |
| 31 Mar 19 | 67 | -9 | 15 | 0 |
| 31 Dec 18 | 71 | -6 | 15 | 0 |
| 30 Sep 18 | 71 | -7 | 16 | 0 |
| 30 Jun 18 | 72 | -9 | 17 | 0 |
| 31 Mar 18 | 77 | -6 | 18 | 0 |
| 31 Dec 17 | 77 | -7 | 20 | 0 |
| 30 Sep 17 | 77 | -7 | 21 | 0 |
| 30 Jun 17 | 75 | -12 | 27 | 0 |
| 31 Mar 17 | 81 | -12 | 30 | 0 |
| 31 Dec 16 | 86 | -9 | 30 | 0 |
| 30 Sep 16 | 85 | -5 | 28 | 0 |
| 30 Jun 16 | 87 | 3 | 22 | 0 |
| 31 Mar 16 | 67 | 2 | 17 | 0 |
| 31 Dec 15 | 54 | 1 | 15 | 0 |
| 30 Sep 15 | 42 | -7 | 11 | 0 |
| 30 Jun 15 | 28 | -23 | 9 | 0 |
| 31 Mar 15 | 25 | -22 | 7 | 0 |
| 31 Dec 14 | 20 | -25 | 5 | 0 |
| 30 Sep 14 | 15 | -19 | 4 | 0 |
| 30 Jun 14 | 9 | -7 | 3 | 0 |
| 31 Mar 14 | 1 | -8 | 2 | 0 |
| 31 Dec 13 | 0 | -4 | 1 | 0 |
| 30 Sep 13 | 0 | -3 | 1 | 0 |
| 30 Jun 13 | 0 | -2 | 1 | 0 |
Quality Earnings: SUNW is currently unprofitable.
Growing Profit Margin: SUNW is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SUNW is unprofitable, and losses have increased over the past 5 years at a rate of 37.5% per year.
Accelerating Growth: Unable to compare SUNW's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SUNW is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (30.7%).
Return on Equity
High ROE: SUNW has a negative Return on Equity (-289.21%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/02/06 19:36 |
| End of Day Share Price | 2024/02/05 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sunworks, Inc. is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ashok Kumar | Aegis Capital Corporation |
| James McIlree | Chardan Capital Markets, LLC |
| Donovan Schafer | Colliers Securities |