SolarEdge

SolarEdge provides groundbreaking distributed Power Harvesting and Monitoring systems that produce more PV energy at a lower cost. Module manufacturers, integrators, installers and system owners of residential and large-scale PV sites benefit from module-level monitoring, enhanced maintenance, constraint-free design, faster installation, improved safety, theft prevention and more.

Type
Public
HQ
Fremont, US
Founded
2006
Size (employees)
718 (est)
SolarEdge was founded in 2006 and is headquartered in Fremont, US

Key People at SolarEdge

Guy Sella

Guy Sella

CEO, Chairman & Founder

SolarEdge Office Locations

SolarEdge has offices in Fremont, München, Shanghai, Chiyoda-ku and in 4 other locations
Fremont, US (HQ)
47505 Seabridge Dr
Beykoz, TR
3 Çınar Sk.
London, GB
The Euston Office One Euston Square 40 Melton St
Vianen, NL
11 Lange Dreef
Collingwood, AU
25 23 45 Gipps St
München, DE
6 Werner Eckert Straße

SolarEdge Data and Metrics

SolarEdge Financial Metrics

SolarEdge's revenue was reported to be $489.8 m in FY, 2016 which is a 51% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

489.8 m

Revenue growth (FY, 2015 - FY, 2016), %

51%

Gross profit (FY, 2016)

152 m

Gross profit margin (FY, 2016), %

31%

Net income (FY, 2016)

76.6 m

EBIT (FY, 2016)

71.8 m

Market capitalization (24-May-2017)

779.1 m

Closing share price (24-May-2017)

18.6

Cash (30-Jun-2016)

74 m
SolarEdge's current market capitalization is $779.1 m.
Numbers are in $, USDFY, 2015FY, 2016

Revenue

325.1 m489.8 m

Revenue growth, %

51%

Cost of goods sold

243.3 m337.9 m

Gross profit

81.8 m152 m

Gross profit Margin, %

25%31%

Sales and marketing expense

25 m34.8 m

General and administrative expense

6.5 m12.1 m

Operating expense total

53.5 m80.2 m

EBIT

28.3 m71.8 m

EBIT margin, %

9%15%

Net Income

21.1 m76.6 m
Numbers are in $, USDFY, 2015FY, 2016

Cash

144.8 m74 m

Accounts Receivable

35.4 m72.7 m

Inventories

74 m81.6 m

Current Assets

290.4 m309.8 m

PP&E

14.7 m27.8 m

Total Assets

305.7 m397.4 m

Accounts Payable

80.7 m48.5 m

Current Liabilities

105.6 m87.3 m

Non-Current Liabilities

33.1 m54.1 m

Total Liabilities

138.7 m141.3 m

Additional Paid-in Capital

287.2 m299.2 m

Retained Earnings

(120 m)(43.4 m)

Total Equity

166.9 m256.1 m

Financial Leverage

1.8 x1.6 x
Numbers are in $, USDFY, 2015FY, 2016

Net Income

21.1 m76.6 m

Depreciation and Amortization

2.3 m3.8 m

Accounts Receivable

(16.3 m)(37.3 m)

Inventories

(48.5 m)(7.4 m)

Accounts Payable

41.1 m(32.2 m)

Cash From Operating Activities

135.1 m(70.6 m)

Purchases of PP&E

(11.8 m)(15.7 m)

Cash From Investing Activities

(13.9 m)(125.8 m)

Cash From Financing Activities

137 m2.8 m

Interest Paid

896 k

Income Taxes Paid

4 m1.2 m
Numbers are in $, USDY, 2016

Revenue/Employee

1.1 m

Financial Leverage

1.6 x

SolarEdge Market Value History

SolarEdge Online and Social Media Presence

SolarEdge Company Life and Culture

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