Pineapple Energy Q4 revenue $17.2M, net loss $539k; projects $80M revenue in 2023

SUNation Energy, Inc.

2023-Q1 EPS reported -$0.26 revenue$22,065,424

Revenue $17.2M, up 192% sequentially; gross profit $5.0M, up 256%.
GAAP net loss $539k, improved from $2.5M loss in Q3.
Pro forma adjusted EBITDA loss $170k.
Cash and investments $7.9M; pending installations $47M.
Completed SUNation acquisition; appointed new CFO and board member.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SUNation Energy, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $17,183,617, net income $(539,502), EPS ($0.06).

Period: the fourth quarter ended December 31, 2022
Revenue: $17,183,617
Net income: $(539,502)
EPS: ($0.06)
Result: reported results

Exact text from the filing

to Senior Vice President of Corporate Development Fourth Quarter 2022 GAAP Results from Continuing Operations 1 4 th Quarter 2022 3 rd Quarter 2022 3 4 th Quarter 2021 Revenue $17,183,617 $5,888,162 $12,745 Gross Profit $5,005,122 $1,404,173 $12,745 Operating Expense $8,550,236 $3,827,944 $1,153,059 Net Loss $(539,502) $(2,542,788) $(1,508,611) Cash, restricted

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SUNation Energy, Inc. filing history →

Source: SEC EDGAR

accession 0000897101-23-000133

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