Sunation Energy Inc. reported third quarter 2025 sales of $19.0 million, a 29% increase from $14.7 million in the same period last year, primarily driven by a 54% rise in consolidated residential sales and a 72% increase in service revenue, partially offset by a decline in commercial contracts. Gross profit rose to $7.2 million, or 38.0% of sales, compared to $5.2 million, or 35.6% of sales, in the previous year. Total operating expenses increased to $7.5 million from $6.8 million, but as a percentage of sales improved to 39.3% from 46.5%. The net loss narrowed to $0.4 million from $3.3 million, and Adjusted EBITDA improved to $0.9 million from a loss of $1.0 million. At the end of the quarter, unrestricted cash stood at $5.4 million, the highest level since 2022, and total debt declined 59% from December 31, 2024. The company reiterated its full year 2025 financial guidance.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sunation Energy Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9572093-en) on November 10, 2025, and is solely responsible for the information contained therein.
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