SUUN
SUUN
PowerBank CorporationIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q2-2026 | $3.1M ▼ | $7.96M ▲ | $-7.69M ▼ | -248.15% ▼ | $-0.21 ▼ | $-7.61M ▼ |
| Q1-2026 | $19.15M ▲ | $5.58M ▼ | $1M ▼ | 5.22% ▼ | $0.03 ▼ | $4.04M ▲ |
| Q4-2025 | $16.88M ▲ | $6.15M ▲ | $2.22M ▲ | 13.17% ▲ | $0.06 ▲ | $-1.52M ▲ |
| Q3-2025 | $9M ▲ | $6.09M ▲ | $-5.98M ▼ | -66.41% ▼ | $-0.19 ▼ | $-4.65M ▼ |
| Q2-2025 | $4.1M | $2.89M | $-911.51K | -22.25% | $-0.03 | $85.19K |
What's going well?
Other income improved, helping offset some losses. The company may benefit from tax credits due to its losses. If this was a one-off bad quarter, there could be room for a rebound.
What's concerning?
Sales fell off a cliff, costs are much too high for current revenue, and the company is losing money fast. Margins are deeply negative, and the share count is rising, which hurts existing shareholders.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q2-2026 | $16.3M ▲ | $132.71M ▼ | $105.96M ▼ | $24.33M ▲ |
| Q1-2026 | $4.35M ▼ | $138.75M ▲ | $114.29M ▼ | $23.93M ▲ |
| Q4-2025 | $8.73M ▼ | $138.35M ▼ | $118.59M ▼ | $19.24M ▼ |
| Q3-2025 | $24.7M ▲ | $193.97M ▲ | $127.22M ▲ | $51.79M ▲ |
| Q2-2025 | $14.78M | $185.34M | $122.5M | $46.45M |
What's financially strong about this company?
Cash has increased sharply, and the company is collecting from customers faster. Deferred revenue shows customers are paying upfront, which helps with cash flow.
What are the financial risks or weaknesses?
Debt is high compared to equity, and the company has a long history of losses. A large chunk of assets is intangible, which could be written down in tough times.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q2-2026 | $-7.69M ▼ | $2.69M ▲ | $1.77M ▲ | $4.91M ▲ | $7.41M ▲ | $2.69M ▲ |
| Q1-2026 | $1.01M ▲ | $2.31M ▲ | $-6.89M ▼ | $629K ▼ | $-3.99M ▲ | $-2.22M ▲ |
| Q4-2025 | $-24.99M ▼ | $-15.17M ▼ | $-3.79M ▼ | $2.71M ▼ | $-16.31M ▼ | $-10.47M ▼ |
| Q3-2025 | $-7.17M ▼ | $-3.39M ▲ | $752.46K ▲ | $13.01M ▲ | $10.17M ▲ | $-5.34M ▲ |
| Q2-2025 | $-911.51K | $-6.81M | $-4.29M | $10.5M | $-487.38K | $-11.17M |
What's strong about this company's cash flow?
Operating cash flow turned positive and free cash flow improved by nearly $5 million. The cash balance is now much higher, giving the company more flexibility.
What are the cash flow concerns?
The company posted a large net loss and relied heavily on issuing new shares for cash. The big boost from working capital is unlikely to repeat, and dilution is a real risk for shareholders.
5-Year Trend Analysis
A comprehensive look at PowerBank Corporation's financial evolution and strategic trajectory over the past five years.
SUUN combines strong sector tailwinds in clean energy with a broad and evolving platform spanning solar, storage, EV charging, grid services, and space‑based AI infrastructure. It has demonstrated the ability to grow revenue rapidly, expand its asset base, build and operate renewable projects, and navigate complex regulatory regimes. Its vertically integrated model, large development pipeline, and strategic partnerships provide multiple paths to long‑term recurring revenue if successfully executed.
At the same time, the company is facing sharply worsening profitability, volatile and recently negative cash flows, rising operating costs, and growing financial leverage alongside weakening liquidity. Cumulative losses have eroded retained earnings, and the business is not yet consistently self‑funding. Execution risk is high, both for the core terrestrial portfolio and the ambitious orbital AI venture, and external factors such as policy shifts, interest rates, and competitive pressure could further strain results.
Overall, SUUN appears to be at an inflection point: it has built a sizable platform and a distinctive strategic position, but its financials have moved in the opposite direction of its narrative. The outlook will depend on whether management can stabilize revenue, restore margins, and convert its expanded asset base and project pipeline into steady operating and free cash flow. If that happens, the current investments and leverage could be validated; if not, the combination of high debt, thin liquidity, and complex growth initiatives may increasingly dominate the story. Uncertainty is therefore elevated, and outcomes are likely to be highly sensitive to execution over the next few years.
About PowerBank Corporation
https://www.powerbankcorp.comPowerBank Corp. engages in the development and operation of solar photovoltaic power generation projects in the province of Ontario and New York state. It is involved in permitting, designing, and building behind-the-meter (BTM) solar power generation and transmission; and distribution electricity grid connected community solar gardens and utility scale solar farms.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q2-2026 | $3.1M ▼ | $7.96M ▲ | $-7.69M ▼ | -248.15% ▼ | $-0.21 ▼ | $-7.61M ▼ |
| Q1-2026 | $19.15M ▲ | $5.58M ▼ | $1M ▼ | 5.22% ▼ | $0.03 ▼ | $4.04M ▲ |
| Q4-2025 | $16.88M ▲ | $6.15M ▲ | $2.22M ▲ | 13.17% ▲ | $0.06 ▲ | $-1.52M ▲ |
| Q3-2025 | $9M ▲ | $6.09M ▲ | $-5.98M ▼ | -66.41% ▼ | $-0.19 ▼ | $-4.65M ▼ |
| Q2-2025 | $4.1M | $2.89M | $-911.51K | -22.25% | $-0.03 | $85.19K |
What's going well?
Other income improved, helping offset some losses. The company may benefit from tax credits due to its losses. If this was a one-off bad quarter, there could be room for a rebound.
What's concerning?
Sales fell off a cliff, costs are much too high for current revenue, and the company is losing money fast. Margins are deeply negative, and the share count is rising, which hurts existing shareholders.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q2-2026 | $16.3M ▲ | $132.71M ▼ | $105.96M ▼ | $24.33M ▲ |
| Q1-2026 | $4.35M ▼ | $138.75M ▲ | $114.29M ▼ | $23.93M ▲ |
| Q4-2025 | $8.73M ▼ | $138.35M ▼ | $118.59M ▼ | $19.24M ▼ |
| Q3-2025 | $24.7M ▲ | $193.97M ▲ | $127.22M ▲ | $51.79M ▲ |
| Q2-2025 | $14.78M | $185.34M | $122.5M | $46.45M |
What's financially strong about this company?
Cash has increased sharply, and the company is collecting from customers faster. Deferred revenue shows customers are paying upfront, which helps with cash flow.
What are the financial risks or weaknesses?
Debt is high compared to equity, and the company has a long history of losses. A large chunk of assets is intangible, which could be written down in tough times.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q2-2026 | $-7.69M ▼ | $2.69M ▲ | $1.77M ▲ | $4.91M ▲ | $7.41M ▲ | $2.69M ▲ |
| Q1-2026 | $1.01M ▲ | $2.31M ▲ | $-6.89M ▼ | $629K ▼ | $-3.99M ▲ | $-2.22M ▲ |
| Q4-2025 | $-24.99M ▼ | $-15.17M ▼ | $-3.79M ▼ | $2.71M ▼ | $-16.31M ▼ | $-10.47M ▼ |
| Q3-2025 | $-7.17M ▼ | $-3.39M ▲ | $752.46K ▲ | $13.01M ▲ | $10.17M ▲ | $-5.34M ▲ |
| Q2-2025 | $-911.51K | $-6.81M | $-4.29M | $10.5M | $-487.38K | $-11.17M |
What's strong about this company's cash flow?
Operating cash flow turned positive and free cash flow improved by nearly $5 million. The cash balance is now much higher, giving the company more flexibility.
What are the cash flow concerns?
The company posted a large net loss and relied heavily on issuing new shares for cash. The big boost from working capital is unlikely to repeat, and dilution is a real risk for shareholders.
5-Year Trend Analysis
A comprehensive look at PowerBank Corporation's financial evolution and strategic trajectory over the past five years.
SUUN combines strong sector tailwinds in clean energy with a broad and evolving platform spanning solar, storage, EV charging, grid services, and space‑based AI infrastructure. It has demonstrated the ability to grow revenue rapidly, expand its asset base, build and operate renewable projects, and navigate complex regulatory regimes. Its vertically integrated model, large development pipeline, and strategic partnerships provide multiple paths to long‑term recurring revenue if successfully executed.
At the same time, the company is facing sharply worsening profitability, volatile and recently negative cash flows, rising operating costs, and growing financial leverage alongside weakening liquidity. Cumulative losses have eroded retained earnings, and the business is not yet consistently self‑funding. Execution risk is high, both for the core terrestrial portfolio and the ambitious orbital AI venture, and external factors such as policy shifts, interest rates, and competitive pressure could further strain results.
Overall, SUUN appears to be at an inflection point: it has built a sizable platform and a distinctive strategic position, but its financials have moved in the opposite direction of its narrative. The outlook will depend on whether management can stabilize revenue, restore margins, and convert its expanded asset base and project pipeline into steady operating and free cash flow. If that happens, the current investments and leverage could be validated; if not, the combination of high debt, thin liquidity, and complex growth initiatives may increasingly dominate the story. Uncertainty is therefore elevated, and outcomes are likely to be highly sensitive to execution over the next few years.

CEO
Richard Lu
Compensation Summary
(Year )
Upcoming Earnings
Ratings Snapshot
Rating : C-
Most Recent Analyst Grades
Grade Summary
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Price Target
Institutional Ownership
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Shares:34.97K
Value:$30.77K
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Shares:30.5K
Value:$26.84K
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Shares:1.37K
Value:$1.21K
Summary
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