PowerBank Corp. engages in the development and operation of solar photovoltaic power generation projects in the province of Ontario and New York state. The company is headquartered in Toronto, Ontario and currently employs 18 full-time employees. The company went IPO on 2023-03-02. The firm develops solar, battery energy storage systems (BESS) and EV charging projects that sell electricity to utilities, commercial, industrial, municipal and residential off-takers. The company has a diverse portfolio of projects across multiple North America markets including projects with utilities, host off-takers, community solar, and virtual net metering projects. The firm has a potential development pipeline of over one gigawatt and has developed renewable and clean energy projects with a combined capacity of over 100 megawatts built.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
06/30/2025
06/30/2024
06/30/2023
06/30/2022
06/30/2021
Revenue
43
41
58
18
10
7
Revenue Growth (YoY)
-17%
-28.99%
222%
80%
43%
--
Cost of Revenue
30
31
46
13
8
4
Gross Profit
12
10
11
4
1
2
Selling, General & Admin
22
19
11
7
2
2
Research & Development
--
--
--
--
--
--
Operating Expenses
27
19
11
7
2
2
Other Non Operating Income (Expenses)
9
9
4
6
0
0
Pretax Income
-41
-35
0
3
0
0
Income Tax Expense
-5
-4
2
0
0
0
Net Income
-37
-31
-3
2
0
0
Net Income Growth
640%
933%
-250%
--
--
--
Shares Outstanding (Diluted)
37.45
32.19
27.04
37.23
26.55
26.55
Shares Change (YoY)
21%
19%
-27%
40%
0%
--
EPS (Diluted)
-1
-0.96
-0.12
0.06
0
0
EPS Growth
455.99%
650%
-313%
-948%
42%
--
Free Cash Flow
-17
-25
0
1
0
-2
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
27.9%
24.39%
18.96%
22.22%
10%
28.57%
Operating Margin
-32.55%
-19.51%
0%
-11.11%
0%
0%
Profit Margin
-86.04%
-75.6%
-5.17%
11.11%
0%
0%
Free Cash Flow Margin
-39.53%
-60.97%
0%
5.55%
0%
-28.57%
EBITDA
-10
-3
0
-2
0
0
EBITDA Margin
-23.25%
-7.31%
0%
-11.11%
0%
0%
D&A For EBITDA
4
5
0
0
0
0
EBIT
-14
-8
0
-2
0
0
EBIT Margin
-32.55%
-19.51%
0%
-11.11%
0%
0%
Effective Tax Rate
12.19%
11.42%
0%
0%
0%
0%
Follow-Up Questions
What are PowerBank Corporation's key financial statements?
According to the latest financial statement (Form-10K), PowerBank Corporation has a total asset of $138, Net loss of $-31
What are the key financial ratios for SUUN?
PowerBank Corporation's Current ratio is 1.15, has a Net margin is -75.6, sales per share of $1.27.
How is PowerBank Corporation's revenue broken down by segment or geography?
PowerBank Corporation largest revenue segment is Engineering, Procurement,and Construction Services, at a revenue of 54,066,468 in the most earnings release.For geography, United States is the primary market for PowerBank Corporation, at a revenue of 48,419,560.
Is PowerBank Corporation profitable?
no, according to the latest financial statements, PowerBank Corporation has a net loss of $-31
Does PowerBank Corporation have any liabilities?
yes, PowerBank Corporation has liability of 119
How many outstanding shares for PowerBank Corporation?
PowerBank Corporation has a total outstanding shares of 35.43