Solar Historical Income Statement

SOLR Stock  CAD 0.04  0.01  16.67%   
Historical analysis of Solar Alliance income statement accounts such as Selling General Administrative of 2.9 M, Selling And Marketing Expenses of 224 K, Total Other Income Expense Net of 153.8 K or Interest Expense of 6.6 K can show how well Solar Alliance Energy performed in making a profits. Evaluating Solar Alliance income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Solar Alliance's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Solar Alliance Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Solar Alliance Energy is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solar Alliance Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About Solar Income Statement Analysis

Solar Alliance Energy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Solar Alliance shareholders. The income statement also shows Solar investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Solar Alliance Income Statement Chart

At this time, Solar Alliance's Total Operating Expenses is fairly stable compared to the past year. Selling And Marketing Expenses is likely to climb to about 224 K in 2024, whereas Operating Income is likely to drop (2.1 M) in 2024.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Solar Alliance Energy. It is also known as Solar Alliance overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from Solar Alliance's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Solar Alliance Energy current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solar Alliance Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Solar Alliance's Total Operating Expenses is fairly stable compared to the past year. Selling And Marketing Expenses is likely to climb to about 224 K in 2024, whereas Operating Income is likely to drop (2.1 M) in 2024.
 2023 2024 (projected)
Research Development4.6M4.8M
Interest Expense7.0K6.6K

Solar Alliance income statement Correlations

-0.32-0.570.72-0.240.02-0.510.170.46-0.07-0.1-0.13-0.30.570.850.61-0.730.850.480.050.01
-0.320.32-0.210.530.520.16-0.010.320.140.470.490.29-0.15-0.27-0.20.42-0.27-0.12-0.080.0
-0.570.32-0.770.370.370.440.09-0.10.540.240.14-0.23-0.56-0.29-0.10.16-0.3-0.040.490.12
0.72-0.21-0.77-0.19-0.15-0.42-0.030.21-0.35-0.07-0.1-0.150.730.670.35-0.390.680.49-0.2-0.09
-0.240.530.37-0.190.520.05-0.040.120.270.960.940.04-0.07-0.12-0.120.23-0.120.010.03-0.02
0.020.520.37-0.150.52-0.21-0.050.390.510.560.580.160.03-0.11-0.010.1-0.120.10.66-0.21
-0.510.160.44-0.420.05-0.210.64-0.21-0.51-0.24-0.110.2-0.88-0.26-0.170.3-0.26-0.19-0.09-0.08
0.17-0.010.09-0.03-0.04-0.050.640.23-0.53-0.23-0.1-0.03-0.570.260.23-0.320.250.0-0.04-0.23
0.460.32-0.10.210.120.39-0.210.230.060.160.170.060.130.410.65-0.190.33-0.090.01-0.3
-0.070.140.54-0.350.270.51-0.51-0.530.060.420.19-0.420.29-0.050.03-0.13-0.060.160.540.24
-0.10.470.24-0.070.960.56-0.24-0.230.160.420.94-0.020.18-0.05-0.080.13-0.040.070.060.02
-0.130.490.14-0.10.940.58-0.11-0.10.170.190.940.270.02-0.18-0.150.27-0.17-0.080.0-0.11
-0.30.29-0.23-0.150.040.160.2-0.030.06-0.42-0.020.27-0.34-0.55-0.240.68-0.59-0.6-0.22-0.36
0.57-0.15-0.560.73-0.070.03-0.88-0.570.130.290.180.02-0.340.450.19-0.360.470.44-0.040.12
0.85-0.27-0.290.67-0.12-0.11-0.260.260.41-0.05-0.05-0.18-0.550.450.76-0.70.990.580.010.0
0.61-0.2-0.10.35-0.12-0.01-0.170.230.650.03-0.08-0.15-0.240.190.76-0.460.650.120.05-0.21
-0.730.420.16-0.390.230.10.3-0.32-0.19-0.130.130.270.68-0.36-0.7-0.46-0.71-0.47-0.16-0.35
0.85-0.27-0.30.68-0.12-0.12-0.260.250.33-0.06-0.04-0.17-0.590.470.990.65-0.710.650.00.05
0.48-0.12-0.040.490.010.1-0.190.0-0.090.160.07-0.08-0.60.440.580.12-0.470.650.370.34
0.05-0.080.49-0.20.030.66-0.09-0.040.010.540.060.0-0.22-0.040.010.05-0.160.00.37-0.02
0.010.00.12-0.09-0.02-0.21-0.08-0.23-0.30.240.02-0.11-0.360.120.0-0.21-0.350.050.34-0.02
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Solar Alliance Account Relationship Matchups

Solar Alliance income statement Accounts

201920202021202220232024 (projected)
Other Operating Expenses4.6M4.7M6.1M8.7M10.0M6.1M
Operating Income(2.4M)(1.1M)(2.5M)(3.8M)(2.0M)(2.1M)
Ebitda(2.3M)(986.8K)(101.1K)(3.8M)(4.3M)(4.6M)
Total Operating Expenses2.5M2.1M3.1M4.3M9.4M9.9M
Net Income(2.8M)(1.4M)(448.9K)(2.7M)(1.8M)(1.9M)
Income Tax Expense113.3K261.9K2.3M71.5K82.2K78.1K
Depreciation And Amortization74.2K52.7K28.0K31.5K28.4K27.0K
Selling General Administrative2.5M2.0M2.8M4.1M2.9M2.9M
Selling And Marketing Expenses16.0K29.5K282.1K192.2K221.0K224.0K
Ebit(2.4M)(1.0M)(129.1K)(3.8M)(4.4M)(4.6M)
Income Before Tax(2.8M)(1.4M)(448.9K)(2.7M)(1.8M)(1.9M)
Total Other Income Expense Net(299.9K)(69.1K)2.0M1.1M161.9K153.8K
Interest Expense113.3K154.0K48.3K51.3K7.0K6.6K
Total Revenue2.2M3.5M3.7M4.8M7.5M4.4M
Gross Profit173.5K914.1K663.6K454.3K1.1M587.2K
Net Income From Continuing Ops(2.8M)(1.4M)(448.9K)(2.7M)(1.8M)(1.9M)
Cost Of Revenue2.0M2.6M3.0M4.4M6.4M3.6M
Net Income Applicable To Common Shares(7.5M)(2.3M)(2.8M)(1.4M)(1.2M)(1.3M)
Net Interest Income(91.7K)(127.1K)34.1K(40.9K)(7.0K)(7.3K)
Reconciled Depreciation74.2K52.7K28.0K31.5K36.8K32.9K

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When running Solar Alliance's price analysis, check to measure Solar Alliance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Solar Alliance is operating at the current time. Most of Solar Alliance's value examination focuses on studying past and present price action to predict the probability of Solar Alliance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solar Alliance's price. Additionally, you may evaluate how the addition of Solar Alliance to your portfolios can decrease your overall portfolio volatility.