Feed / SUNE

SUNation Energy Inc.

SUNE

Technology · 3.10 -31.4% today

Isolated · not yet confirmedMarket checked 11 Sept, 09:30 GMT-4

Market read

SUNation Energy Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 10 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 6 directly disclosed connections are confirming.

Company-31.4% todayVolume comparison unavailable
Market group0 of 10 activeWater & Tech Solutions · unavailable
Disclosed network0 of 6 confirmingNo filing-linked name is confirming now
What would change this read
  • SUNE's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if SUNE's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Technology · Solar

No new filing conclusion is available. 0 of 10 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 6 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • SUNE's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations319
Usable filing statements127
Verified relationships6
Evidence supporting the case
  • Latest annual revenue changed +26.5% year over year.
  • Operating margin changed +19.3 percentage points in the latest annual period.
  • Net margin changed +12.7 percentage points in the latest annual period.
Evidence challenging the case
  • Credit and interest rates has repeated adverse evidence across 4 filings.
Questions before a position
  • EV/sales is 97% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 10, 2026

3.36
6m+148.9%12m+124.0%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$38,162-99.5%$-2.03
2022-12-31$27.5M+72019.1%$-4.04
2023-12-31$79.6M+189.3%$-611.55
2024-12-31$56.9M-28.6%$-10110.93
2025-12-31$71.9M+26.5%$-4.38

What management says matters

Persistent and emerging business drivers

Credit and interest ratesnegative · 4 filings
Net cash used in financing activities in the first three months of 2026 was related to $1,134,342 in payments against loans payable and related party loans payable, including the settlement of the debt with a former SUNation NY shareholder, partially offset b…
10-Q · May 15, 2026
Demand and volumemixed · 4 filings
Changes in estimated job profitability resulting from job performance, job conditions, contract penalty provisions, claims, change orders, and settlements, are accounted for as changes in estimates in the current period.
10-Q · May 15, 2026
Pricing and mixnegative · 1 filings
Sales in 2025 and 2024 by type were as follows: Revenue by Type Three Months Ended June 30 2025 2024 Residential contracts $ 2,727,495 $ 3,665,952 Commercial contracts 139,319 (13,143) Service revenue 376,591 164,964 $ 3,243,405 $ 3,817,773 Residential contra…
10-Q · Aug 15, 2025
Restructuring and cost reductionspositive · 1 filings
The test included comparing the sum of the estimated undiscounted future cash flow attributable to this asset and its carrying amounts, and recognizing an impairment for the amount to which the carrying amount exceeds the fair value of the asset.
10-K · Mar 23, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 0.1× · EV/sales 0.1×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

3.10-31.4% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 09:30 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for SUNE. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for SUNE. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind SUNE

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

ENPHEnphase Energy, Inc.partnerMar 23, 2026

We are a leading vendor for cutting-edge product offerings from Enphase, Tesla, FranklinWH, and other large solar product providers.

GNRCGenerac Holdings Inc.partnerMar 23, 2026

In 2026, we will be expanding this product offering to include the Generac full home ecosystem, which includes their new power electronics, whole home batteries, standby generators, and smart thermostat that control the entire system.

HEHawaiian Electric Industries, Inc.partnerMar 23, 2026

In the Hawaiian market we also offer energy management control devices on solar systems that are paired with batteries that help homeowners generate ongoing revenue streams by aggregating their batteries into a fleet, thus creating a “virtual power plant” and…

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 7 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

SUNE is currently a Early Follower in the organic co-movement group Water & Tech Solutions. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for SUNE; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.