SUUN logo

SolarBank NasdaqGM:SUUN Stock Report

Last Price

US$2.05

Market Cap

US$64.3m

7D

-2.8%

1Y

-56.3%

Updated

29 Dec, 2024

Data

Company Financials +

SolarBank Corporation

NasdaqGM:SUUN Stock Report

Market Cap: US$64.3m

SUUN Stock Overview

Operates as an independent renewable and clean energy project developer, power producer, and asset operator in Canada and the United States. More details

SUUN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance0/6
Financial Health1/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

SolarBank Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for SolarBank
Historical stock prices
Current Share PriceCA$2.05
52 Week HighCA$7.50
52 Week LowCA$2.00
Beta0
1 Month Change-21.46%
3 Month Change-54.44%
1 Year Change-56.29%
3 Year Changen/a
5 Year Changen/a
Change since IPO-56.38%

Recent News & Updates

Recent updates

Shareholder Returns

SUUNUS ConstructionUS Market
7D-2.8%-1.2%0.6%
1Y-56.3%49.1%23.7%

Return vs Industry: SUUN underperformed the US Construction industry which returned 49.1% over the past year.

Return vs Market: SUUN underperformed the US Market which returned 23.7% over the past year.

Price Volatility

Is SUUN's price volatile compared to industry and market?
SUUN volatility
SUUN Average Weekly Movement9.1%
Construction Industry Average Movement6.8%
Market Average Movement6.3%
10% most volatile stocks in US Market17.5%
10% least volatile stocks in US Market3.1%

Stable Share Price: SUUN has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: SUUN's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201315Richard Lusolarbankcorp.com

SolarBank Corporation operates as an independent renewable and clean energy project developer, power producer, and asset operator in Canada and the United States. It focuses on solar photovoltaic power generation projects, battery energy storage systems, and EV-charging projects. The company provides expertise in the areas of site origination, utility grid interconnection, permitting, financing, engineering, procurement and construction, operation and maintenance, and asset management of solar photovoltaic power plants to the renewable and clean energy industry.

SolarBank Corporation Fundamentals Summary

How do SolarBank's earnings and revenue compare to its market cap?
SUUN fundamental statistics
Market capUS$64.30m
Earnings (TTM)-US$3.24m
Revenue (TTM)US$46.27m

1.4x

P/S Ratio

-19.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SUUN income statement (TTM)
RevenueCA$66.70m
Cost of RevenueCA$52.99m
Gross ProfitCA$13.71m
Other ExpensesCA$18.37m
Earnings-CA$4.67m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.15
Gross Margin20.55%
Net Profit Margin-7.00%
Debt/Equity Ratio90.8%

How did SUUN perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/29 07:27
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2024/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

SolarBank Corporation is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Amit DayalH.C. Wainwright & Co.
Venkata VelagapudiResearch Capital Corporation