Summary - Funding Rounds

In total, SolarCity had raised $884.6 m. SolarCity is a subsidiary of Tesla

SolarCity Income Statement

Annual

usdFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

126.9m163.8m255.0m399.6m730.3m

Revenue growth, %

29%56%57%83%

Cost of goods sold

124.5m176.4m280.8m478.9m

Gross profit

39.4m78.6m118.8m251.4m

Gross profit Margin, %

24%31%30%34%

Sales and marketing expense

97.4m457.2m442.6m

R&D expense

64.9m55.0m

General and administrative expense

91.3m244.5m229.0m

Operating expense total

188.7m766.6m901.8m

EBIT

(149.4m)(335.6m)(647.8m)(650.3m)

EBIT margin, %

(91%)(132%)(162%)(89%)

Pre tax profit

(176.6m)(402.0m)(765.5m)(820.7m)

Income tax expense

54.0k24.8m(26.7m)(3.3m)308.0k

Net Income

(151.8m)(375.2m)(768.8m)(820.3m)

SolarCity Balance Sheet

Annual

usdY, 2011Y, 2012FY, 2013Y, 2013Y, 2014Y, 2015FY, 2015FY, 2016

Cash

50.5m160.1m577.1m577.1m504.4m382.5m382.5m290.7m

Accounts Receivable

23.0m23.0m22.7m34.0m34.0m66.9m

Inventories

111.4m111.4m217.2m343.0m343.0m172.7m

Current Assets

787.7m787.7m1.0b902.1m902.1m692.9m

PP&E

101.9m

Total Assets

2.8b2.8b4.6b7.3b7.3b9.1b

Accounts Payable

121.6m121.6m237.8m365.0m365.0m207.6m

Short-term debt

7.4m7.4m12.9m180.0m180.0m617.6m

Current Liabilities

338.2m338.2m567.1m1.2b1.2b1.5b

Long-term debt

238.6m238.6m290.4m1.0b1.0b1.1b

Total Debt

246.0m246.0m303.3m1.2b1.2b1.7b

Total Liabilities

2.0b5.6b6.9b

Common Stock

10.0k10.0k

Additional Paid-in Capital

819.9m819.9m1.0b1.2b1.2b1.3b

Retained Earnings

(202.3m)(202.3m)(258.4m)(316.7m)(316.7m)(77.9m)

Total Equity

804.4m804.4m1.2b1.4b1.4b1.9b

Debt to Equity Ratio

0.3 x0.3 x0.8 x0.9 x

Debt to Assets Ratio

0.1 x0.1 x0.2 x0.2 x

Financial Leverage

3.5 x3.5 x4 x5.2 x5.2 x4.7 x

SolarCity Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(151.8m)(375.2m)(768.8m)(820.3m)

Depreciation and Amortization

166.7m

Accounts Receivable

2.9m22.7m(11.0m)(33.0m)

Inventories

(20.0m)217.0m(125.3m)170.6m

Accounts Payable

50.8m237.8m125.5m(149.7m)

Cash From Operating Activities

174.5m(789.9m)(508.8m)

Purchases of PP&E

(9.1m)

Cash From Investing Activities

(729.9m)(1.7b)(1.7b)

Long-term Borrowings

(65.3m)(215.9m)(866.9m)

Cash From Financing Activities

972.4m2.4b2.1b

Interest Paid

6.6m54.0m107.2m
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SolarCity Employee Rating

3.22343 votes
Culture & Values
3.5
Work/Life Balance
2.8
Senior Management
2.9
Salary & Benefits
3.1
Career Opportunities
3.1
Source