OverviewSuggest Edit

SPI Energy ( Solar Power Incorporated) is a global provider of photovoltaic solutions (PV) for business, residential, government and utility customers and investors. SPI Energy focuses on the downstream PV market including the development, financing, installation, operation, and sale of utility-scale and residential solar power projects in China, Japan, Europe and North America. 

The Company operates an innovative online energy e-commerce and investment platform, Solarbao, which enables individual and institutional investors to purchase innovative PV-based investment and other products; as well as B2B e-commerce platform, Solartao, which offers a range of PV products for both upstream and downstream suppliers and customers.

TypePublic
Founded2006
HQPutuo, CN
Websitespisolar.com

Latest Updates

Employees (est.) (Apr 2022)78
Revenue (FY, 2020)$138.6 M(+42%)
Share Price (May 2022)$1.9(+10%)
Cybersecurity ratingBMore
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Key People/Management at SPI Energy

Xiaofeng Peng

Xiaofeng Peng

Chairman and Chief Executive Officer
Hoong Khoeng Cheong

Hoong Khoeng Cheong

Joint Chief Operating Officer
Min Xiahou

Min Xiahou

Deputy Chairman
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SPI Energy Office Locations

SPI Energy has an office in Putuo
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SPI Energy Financials and Metrics

SPI Energy Revenue

SPI Energy's revenue was reported to be $138.63 m in FY, 2020
USD

Revenue (FY, 2020)

138.6m

Gross profit (FY, 2020)

20.4m

Net income (FY, 2020)

(6.3m)

EBITDA (FY, 2020)

4.8m

EBIT (FY, 2020)

4.0m

Market capitalization (13-May-2022)

44.9m

Closing stock price (13-May-2022)

1.9

Cash (31-Dec-2020)

38.9m

EV

66.0m
SPI Energy's current market capitalization is $44.9 m.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

125.6m97.9m138.6m

Cost of goods sold

(113.0m)(88.4m)(118.2m)

Gross profit

13.1m9.4m20.4m
Half Year
USDH1, 2019H1, 2020

Revenue

49.7m56.4m

Cost of goods sold

(44.1m)(53.2m)

Gross profit

5.6m6.9m
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

4.1m2.8m38.9m

Accounts Receivable

27.8m16.5m17.1m

Prepaid Expenses

1.7m2.7m2.9m

Inventories

11.9m13.8m17.3m
Half Year
USDH1, 2019H1, 2020

Cash

8.7m3.3m

Accounts Receivable

25.5m16.9m

Prepaid Expenses

7.8m7.6m

Inventories

13.3m10.6m
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

(6.1m)(15.1m)(6.3m)

Depreciation and Amortization

1.5m2.3m4.2m

Inventories

2.9m(2.0m)(223.0k)

Accounts Payable

3.4m7.8m
Half Year
USDH1, 2019H1, 2020
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SPI Energy Revenue Breakdown

Embed Graph

SPI Energy revenue breakdown by business segment: 14.4% from SALES OF PV SOLAR SYSTEM, 81.1% from SALES OF PV SOLAR COMPONENTS and 4.5% from Other

SPI Energy Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

SPI Energy Online and Social Media Presence

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SPI Energy News and Updates

SPI Energy stock is adding to its previous day's 3,100% rocket ride

SPI Energy stock is adding to its previous day's 3,100% rocket ride

Stock of tiny SPI Energy skyrockets 3,100% on Wednesday as it announces EV venture

Shares of SPI Energy on Wednesday were soaring an astonishing 3,100% on the session, following an announcement by the company that it was starting an electric-vehicle subsidiary. SPI Energy , which is described as offering photovoltaic solutions for business, residential, government and utility cust…

SPI Energy stock skyrockets 3,100% after company announces an EV venture

SPI Energy stock skyrockets 3,100% after company announces an EV venture

SPI Energy Enters into an Amendment to Convertible Promissory Note

HONG KONG and SANTA CLARA, Calif., March 23, 2020 (GLOBE NEWSWIRE) -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (NASDAQ: SPI), a global provider of green energy solutions for business, residential, government, utility customers, and investors, today announced that it repaid $150,000 to …

SPI Energy Co., Ltd. Completes sales of 5 Solar Plants in Oahu, Hawaii

HONG KONG and SANTA CLARA, Calif., Feb. 20, 2020 (GLOBE NEWSWIRE) -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced that it, through its …

SPI Energy to Present at NobleCon16 - Noble Capital Markets’ Sixteenth Annual Investor Conference

HONG KONG and SANTA CLARA, Calif., Feb. 13, 2020 (GLOBE NEWSWIRE) -- SPI Energy Co., Ltd. (“SPI Energy or the “Company”) (NASDAQ: SPI), a global provider of photovoltaic (“PV”) solutions for business, residential, government and utility customers and investors, today announced that the company wil…
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SPI Energy Frequently Asked Questions

  • When was SPI Energy founded?

    SPI Energy was founded in 2006.

  • Who are SPI Energy key executives?

    SPI Energy's key executives are Xiaofeng Peng, Hoong Khoeng Cheong and Min Xiahou.

  • How many employees does SPI Energy have?

    SPI Energy has 78 employees.

  • What is SPI Energy revenue?

    Latest SPI Energy annual revenue is $138.6 m.

  • What is SPI Energy revenue per employee?

    Latest SPI Energy revenue per employee is $1.8 m.

  • Who are SPI Energy competitors?

    Competitors of SPI Energy include Golden Concord, Far East Smart Energy and State Grid Jiangsu Integrated Energy Service.

  • Where are SPI Energy offices?

    SPI Energy has an office in Putuo.

  • How many offices does SPI Energy have?

    SPI Energy has 1 office.