Symbols

SUNW(Delisted)

Sunworks·NASDAQ

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Key Stats

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About SUNW

Sunworks, Inc.

A leading provider of solar power and battery storage solutions for residential, agriculture, commercial, industrial, and public works markets

Industry

Established Date

01/30/2002

Listing Date

03/04/2015

Exchange

NASDAQ Stock Exchange

Full-time Employees

622

Fiscal Year Ends

12-31

Website

www.sunworksusa.com

Security Type

Common stock

Office address

1555 Freedom Boulevard, Provo, UT 84604

Business

Introduction

Sunworks, Inc., was incorporated in Delaware on January 30, 2002. The company provides photovoltaic and battery-based power and storage systems for the residential and commercial markets. Commercial projects include commercial, agricultural, industrial and public works projects. Through Solcius operating subsidiaries, the company designs, arranges financing, integrates, installs and manages systems primarily for residential owners. The company sells residential solar systems through multiple channels, through its network of sales channel partners, and a growing direct sales channel strategy. Through the CSE subsidiary, the company designs, arranges financing, integrates, installs and manages systems ranging in size from 2kW for residential projects to multi-MW systems for large commercial and public works projects. Commercial facilities include those in office buildings, manufacturing plants, warehouses, service stations, churches and agricultural facilities such as farms, wineries and dairy farms. Public works facilities include school districts, local municipalities, federal facilities and higher education institutions.

Company Financials

EPS

SUNW has released its 2023 Q3 earnings. EPS was reported at -0.24, versus the expected -0.24, meeting expectations. The chart below visualizes how SUNW has performed over recent quarters, highlighting trends in earnings surprises.

Revenue & Expenses

SUNW has released its 2023 Q3 earnings report, with revenue of 28.70M, reflecting a YoY change of -29.52%, and net profit of -36.40M, showing a YoY change of -575.02%. The Sankey diagram below clearly presents SUNW's revenue sources and cost distribution.