Emeren Group, Ltd. (SOL) — Financial statements
Income statement, balance sheet, and cash flow for Emeren Group, Ltd. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 92↓12.9% | 106↑72.4% | 61↓23.1% | 80↑8.4% | 74 | |
| Cost of Revenue | 68↓15.7% | 81↑75.5% | 46↓4.7% | 48↓15.1% | 57 | |
| Gross Profit | 24↓3.6% | 25↑63.1% | 15↓51.2% | 31↑88.3% | 17 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 23↓10.9% | 26↑50.9% | 17↑1.2% | 17↑17.1% | 15 | |
| Selling & Marketing Expenses | 0.18↓54.0% | 0.40↓5.5% | 0.42↑38.1% | 0.30↓29.6% | 0.43 | |
| SG&A Expenses | 23↓11.6% | 26↑49.6% | 18↑1.8% | 17↑15.8% | 15 | |
| Other Expenses | 1↓82.1% | 7↑2014.2% | 0.35↓76.4% | 1↑129.1% | -5 | |
| Operating Expenses | 25↓26.9% | 34↑87.4% | 18↓4.3% | 19↑89.5% | 10 | |
| Total Costs & Expenses | 93↓19.0% | 114↑78.8% | 64↓4.6% | 67↑0.4% | 67 | |
| Operating Results | ||||||
| Operating Income | -0.50↑94.2% | -9↓228.9% | -3↓120.8% | 13↑86.6% | 7 | |
| Depreciation & Amortization | 7↓11.7% | 8↑14.9% | 7↑0.3% | 7↓7.5% | 7 | |
| EBITDA | -0.69↓109.6% | 7↓3.0% | 7↓62.0% | 19↑21.9% | 16 | |
| EBIT | -8↓990.5% | -0.70↓230.0% | 0.54↓95.7% | 13↑47.1% | 9 | |
| Interest & Other Income | ||||||
| Net Interest Income | -0.56↓36.0% | -0.41↑83.6% | -3↑28.3% | -3↑33.1% | -5 | |
| Interest Income | 1↓20.3% | 2↑172.9% | 0.66↓60.3% | 2↑69.6% | 0.98 | |
| Interest Expense | 2↓9.8% | 2↓30.4% | 3↓38.6% | 5↓17.0% | 6 | |
| Non-Operating Income | 7↑189.1% | -8↓151.3% | -3↓2987.9% | 0.11↑106.3% | -2 | |
| Other Income / Expenses | -9↓257.8% | 6↑287850.0% | 0.00↑100.0% | -5↓18.0% | -4 | |
| Income Before Tax | -10↓230.4% | -3↓10.3% | -3↓135.6% | 7↑218.6% | 2 | |
| Income Tax Expense | 2↓20.1% | 3↑31.9% | 2↑147.5% | 0.77↑375.0% | 0.16 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -12↓113.8% | -5↓19.4% | -5↓168.8% | 7↑206.8% | 2 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -12↓291.6% | -3↑31.8% | -5↓168.1% | 7↑146.9% | 3 | |
| Bottom-Line Net Income | -12↓291.6% | -3↑31.8% | -5↓168.1% | 7↑146.9% | 3 | |
| EPS (Basic) | -0.24↓328.6% | -0.06↓162.2% | 0.09↓10.0% | 0.10↑75.4% | 0.06 | |
| EPS (Diluted) | -0.24↓328.6% | -0.06↓162.2% | 0.09↓10.0% | 0.10↑78.6% | 0.06 | |
| Weighted Average Shares | 52↓8.3% | 57↓12.9% | 65↓5.8% | 69↑40.1% | 49 | |
| Weighted Average Diluted Shares | 52↓8.3% | 57↓12.9% | 65↓7.0% | 70↑40.3% | 50 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.