Financials in USD. Standardized financial statements.
A compact view of how Emeren Group, Ltd. turns revenue into operating income and net income.
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $92.07M | $105.64M | $61.29M | $79.66M | $73.50M | $119.12M | $96.91M | $102.97M | $80.50M | $1.28B |
| Revenue Growth? | -12.9% | +72.4% | -23.1% | +8.4% | -38.3% | +22.9% | -5.9% | +27.9% | -93.7% | 0.0% |
| Cost of Revenue? | $67.94M | $80.63M | $45.95M | $48.24M | $56.82M | $84.89M | $68.84M | $88.84M | $73.27M | $1.09B |
| Gross Profit? | $24.12M | $25.01M | $15.34M | $31.42M | $16.69M | $34.23M | $28.07M | $14.13M | $7.23M | $187.87M |
| Gross Margin? | +26.2% | +23.7% | +25.0% | +39.4% | +22.7% | +28.7% | +29.0% | +13.7% | +9.0% | +14.7% |
| Operating Expenses? | $24.63M | $33.67M | $17.97M | $18.77M | $9.91M | $35.19M | $12.54M | $7.58M | $4.88M | $6.72M |
| Operating Income? | -$504,000 | -$8.66M | -$2.63M | $12.65M | $6.78M | -$964,000 | $15.53M | $6.56M | $2.35M | $16.32M |
| EBITDA? | -$686,000 | $7.13M | $7.35M | $19.34M | $15.87M | $6.38M | $22.01M | $11.93M | $4.47M | $25.74M |
| Income Before Tax | -$9.59M | -$2.90M | -$2.63M | $7.39M | $2.32M | -$10.57M | $4.91M | $3.52M | $226,574 | $20.19M |
| Income Tax Expense | $2.02M | $2.53M | $1.92M | $774,412 | $163,036 | $1.10M | -$189,000 | $322,068 | $132,092 | -$23,191 |
| Net Income? | -$12.48M | -$3.19M | -$4.67M | $6.86M | $2.78M | -$8.83M | $1.76M | $34.46M | -$34.70M | -$5.08M |
| EPS? | $-0.24 | $-0.06 | $0.09 | $0.10 | $0.06 | $-0.22 | $0.05 | $1.40 | $-1.70 | $-0.20 |
| Diluted EPS? | $-0.24 | $-0.06 | $0.09 | $0.10 | $0.06 | $-0.22 | $0.05 | $1.40 | $-1.70 | $-0.20 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality