Solar Alliance Energy (SOLR) AI Stock Analysis

• Market Cap: C$4.41M
• Dividend Yield: N/A
• Average Volume (3M): 51.69K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.92
• Revenue Growth: 12.72%
• EPS Growth: 35.14%
• Country: CA
• Employees: 26
• Sector: Energy
• Sector Strength: 43
• Industry: Solar
• EPS (TTM): N/A
• Shares Outstanding: 295,193,940
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 51,687
• PEG Ratio: <0.01
• Price to Book (P/B): -2.58
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.15
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 40 Underperform
• Price Target: ―

Solar Alliance Energy's overall stock score reflects significant financial and operational challenges, including declining revenues and cash flow issues. The technical analysis indicates a bearish trend, and the valuation metrics highlight concerns about the company's current financial losses. Without positive corporate events or earnings call insights, the score remains low, underscoring the need for substantial strategic improvements.

Solar Alliance Energy Business Overview & Revenue Model

Company Description

Solar Alliance Energy Inc., together with its subsidiaries, provides energy solutions. The company primarily focuses on development, engineering, procurement, and construction of commercial and industrial solar projects, and residential solar installations in Tennessee, Kentucky, Illinois, and North/South Carolina. It also offers electric vehicle charger installation services; and backup generator, home inspection, commercial generator, renewable radar, utility scale power, commercial electric vehicle charging, and data centers solutions. The company was formerly known as Finavera Solar Energy, Inc. and changed its name to Solar Alliance Energy Inc. in January 2016. Solar Alliance Energy Inc. was founded in 2003 and is based in Toronto, Canada.

How the Company Makes Money

Solar Alliance Energy generates revenue through the sale and installation of solar energy systems for both residential and commercial customers. The company makes money by providing end-to-end solar solutions, which include consulting, designing, and installing solar photovoltaic systems. Revenue is also obtained from ongoing maintenance and service agreements with customers to ensure optimal performance of the installed systems. Additionally, Solar Alliance Energy may engage in financial partnerships or agreements with investors or energy companies to fund large-scale projects, further contributing to its revenue streams. Significant factors contributing to earnings include favorable government incentives for renewable energy adoption, a growing demand for sustainable energy solutions, and strategic partnerships with suppliers and technology providers.

Solar Alliance Energy Financial Statement Overview

Summary

Solar Alliance Energy is facing significant financial challenges, with declining revenues, negative profitability margins, and a weak balance sheet. The negative cash flow situation further underscores operational and financial difficulties, requiring strategic intervention to stabilize and improve the company's financial health.

Income Statement

Solar Alliance Energy shows a declining revenue trend with a negative revenue growth rate of -20.3% in the TTM period. Profitability metrics such as gross profit margin and net profit margin are negative, indicating operational challenges. The company also has significant negative EBIT and EBITDA margins, reflecting issues in managing operational costs efficiently.

Balance Sheet

The balance sheet reveals financial instability with negative stockholders’ equity, indicating liabilities exceed assets. The debt-to-equity ratio cannot be calculated due to negative equity, but the company carries a high level of liabilities. The equity ratio is also negative, suggesting high financial risk.

Cash Flow

Cash flow analysis indicates negative free cash flow and operating cash flow, which raises concerns about the company's cash generation ability. The free cash flow growth rate is negative, highlighting a deterioration in cash flow generation. The operating cash flow to net income ratio is also negative, further emphasizing cash flow challenges.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
5.96M	7.47M	4.83M	3.67M	3.50M	2.20M
	Gross Profit
-195.64K	1.07M	454.29K	663.58K	914.10K	173.54K
	EBIT
-1.84M	-1.96M	-3.83M	-2.53M	-1.07M	-2.35M
	EBITDA
-1.28M	-1.77M	-2.66M	-372.57K	-1.16M	-2.58M
	Net Income Common Stockholders
-1.33M	-1.81M	-2.75M	-448.86K	-1.37M	-2.76M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
77.89K	702.99K	650.06K	2.17M	1.88K	45.63K
	Total Assets
927.75K	1.80M	3.70M	3.06M	581.28K	1.35M
	Total Debt
2.99M	137.50K	1.56M	0.00	911.81K	807.43K
	Net Debt
2.92M	-565.49K	906.92K	-2.17M	909.94K	761.80K
	Total Liabilities
8.29M	4.11M	5.14M	2.15M	6.33M	6.63M
	Stockholders Equity
-7.36M	-2.30M	-1.44M	904.30K	-5.75M	-5.29M
Cash Flow		Free Cash Flow
-1.42M	-384.77K	-2.17M	-3.81M	-379.82K	-979.11K
	Operating Cash Flow
-1.41M	-374.01K	-1.48M	-3.64M	-379.82K	-979.11K
	Investing Cash Flow
84.51K	83.10K	-688.73K	-178.07K	0.00	0.00
	Financing Cash Flow
937.50K	-127.50K	653.75K	5.98M	336.07K	946.85K

Solar Alliance Energy Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SOLR, the sentiment is Negative. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.03, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 44.71 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SOLR.

Solar Alliance Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	57 Neutral	$7.10B	3.09	-3.48%	5.73%	0.74%	-50.59%
ACU	51 Neutral	C$3.01M	―	-46.19%	―	-30.18%	-34.62%
BES	50 Neutral	C$5.46M	―	-1239.25%	―	-10.98%	9.25%
SOLR	40 Underperform	C$4.41M	―	58.70%	―	12.72%	35.14%
TTG		C$1.80M	―	-54.87%	―	―	―
CBLU	43 Neutral	C$7.07M	―	59.36%	―	-48.95%	-94.94%
SUN		C$5.75M	―	-843.38%	―	―	―

Solar Alliance Energy Corporate Events

Solar Alliance Secures Shareholder Approval for Strategic Plans

Solar Alliance Energy Inc. has successfully secured shareholder approval for all proposed resolutions at their Annual General Meeting, including the appointment of new directors and the renewal of their stock option plan. This strategic alignment positions the company to capitalize on the growing demand for renewable energy solutions.

Solar Alliance Expands Renewable Projects in US Southeast

Solar Alliance Energy Inc. is pursuing larger renewable energy contracts in the Southeast US, aiming for higher-value projects and improved profit margins. Despite a decrease in revenue for Q3 2024, the company secured a significant $3.7 million solar project in Kentucky, reflecting its strategic shift towards larger scale operations. The completion of a solar and battery storage system in Tennessee further demonstrates the company’s capacity to deliver complex renewable solutions.