Able Energy, Inc. engages in the provision of retail services. The company is headquartered in Rockaway, New Jersey and currently employs 501 full-time employees. The firm is engaged in the development of solar electric systems. The firm provides home solar panels and business/commercial solar panels. Able Energy offers a custom monitoring system, WattScanner. The firm is a professional electrical contractor built for solar system design. Able Energy designs its local installations in Wisconsin, Minnesota, Illinois, Arizona, Louisiana and Iowa in the United States. Able Energy is a turnkey engineering, procurement and construction company that helps its commercial customers with a solution for deploying solar systems. The firm handles the solar projects for the customers. The company tracks each project on a day-to-day basis until completed and coordinate all activity with the utility company, inspectors and installers on project.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
06/30/2008
06/30/2007
06/30/2006
06/30/2005
06/30/2004
Revenue
262
276
93
75
61
42
Revenue Growth (YoY)
78%
197%
24%
23%
45%
-2%
Cost of Revenue
244
258
85
67
55
37
Gross Profit
17
17
8
7
6
5
Selling, General & Admin
23
25
11
9
6
6
Research & Development
--
--
--
--
--
--
Operating Expenses
25
27
12
10
8
7
Other Non Operating Income (Expenses)
0
0
-1
-2
0
0
Pretax Income
-9
-12
-6
-6
-2
-2
Income Tax Expense
0
0
0
0
0
-1
Net Income
-10
-12
-6
-6
-2
0
Net Income Growth
25%
100%
0%
200%
--
--
Shares Outstanding (Diluted)
14.96
14.95
4.13
2.8
2.09
2.01
Shares Change (YoY)
0%
262%
48%
34%
4%
0%
EPS (Diluted)
-0.67
-0.86
-1.6
-2.22
-1.04
-0.08
EPS Growth
17%
-46%
-28%
113.99%
1,200%
-260%
Free Cash Flow
-3
-3
-2
-2
-1
0
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
6.48%
6.15%
8.6%
9.33%
9.83%
11.9%
Operating Margin
-2.67%
-3.26%
-4.3%
-2.66%
-1.63%
-4.76%
Profit Margin
-3.81%
-4.34%
-6.45%
-8%
-3.27%
0%
Free Cash Flow Margin
-1.14%
-1.08%
-2.15%
-2.66%
-1.63%
0%
EBITDA
-6
-8
-4
-2
0
-1
EBITDA Margin
-2.29%
-2.89%
-4.3%
-2.66%
0%
-2.38%
D&A For EBITDA
1
1
0
0
1
1
EBIT
-7
-9
-4
-2
-1
-2
EBIT Margin
-2.67%
-3.26%
-4.3%
-2.66%
-1.63%
-4.76%
Effective Tax Rate
0%
0%
0%
0%
0%
50%
Follow-Up Questions
What are Able Energy Inc's key financial statements?
According to the latest financial statement (Form-10K), Able Energy Inc has a total asset of $34, Net loss of $-12
What are the key financial ratios for ABLE?
Able Energy Inc's Current ratio is 1.21, has a Net margin is -4.34, sales per share of $18.45.
How is Able Energy Inc's revenue broken down by segment or geography?
Able Energy Inc largest revenue segment is Toll Road, at a revenue of 27,260,147,000,000 in the most earnings release.For geography, Indonesia is the primary market for Able Energy Inc, at a revenue of 28,703,212,000,000.
Is Able Energy Inc profitable?
no, according to the latest financial statements, Able Energy Inc has a net loss of $-12
Does Able Energy Inc have any liabilities?
yes, Able Energy Inc has liability of 28
How many outstanding shares for Able Energy Inc?
Able Energy Inc has a total outstanding shares of 14.96