STR Solar

STR Holdings, Inc. is a holding company. The Company conducts its operations through its subsidiaries as a plastics and industrial materials research and development company. The Company designs, develops and manufactures encapsulants that protect the embedded semiconductor circuits of solar panels for sale to solar module manufacturers around the world. The Company has developed ethylene-vinyl acetate (EVA) based encapsulants for use in commercial solar module manufacturing. The Company has approximately 14 commercial encapsulant formulations, of which six are actively in use. The Company's encapsulant formulations offer a range of properties and processing attributes, including various curing times and temperatures that align with the requirements of its customers' individual lamination processes and module constructions. The Company's encapsulant formulations can be used in both crystalline silicon and thin-film solar modules.
Company Growth (employees)
Type
Public
HQ
Enfield, US
Size (employees)
135 (est)
STR Solar is headquartered in Enfield, US

STR Solar Office Locations

STR Solar has an office in Enfield
Enfield, US (HQ)
10 Water St

STR Solar Financials and Metrics

STR Solar Financials

STR Solar's revenue was reported to be $20.1 m in FY, 2016
USD

Revenue (Q2, 2017)

3.1 m

Gross profit (Q2, 2017)

(638 k)

Gross profit margin (Q2, 2017), %

(21%)

Net income (Q2, 2017)

(284 k)

EBIT (Q2, 2017)

(2 m)

Market capitalization (31-Oct-2017)

5.5 m

Closing share price (31-Oct-2017)

0.3

Cash (30-Jun-2017)

13.4 m
STR Solar's current market capitalization is $5.5 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

31.9 m39.3 m29.8 m20.1 m

Revenue growth, %

23%(24%)(32%)

Cost of goods sold

34.1 m44.5 m31.6 m22.1 m

Gross profit

(2.2 m)(5.2 m)(1.8 m)(2 m)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

6.2 m9.3 m11.2 m9.5 m6.9 m8.5 m6.6 m6.4 m6.7 m4 m3.7 m3.1 m

Cost of goods sold

7 m10 m12.4 m10.5 m7 m8.6 m8.1 m6.8 m6.6 m4.9 m4.2 m3.7 m

Gross profit

(821 k)(681 k)(1.2 m)(1 m)(146 k)(66 k)(1.5 m)(401 k)60 k(899 k)(497 k)(638 k)

Gross profit Margin, %

(13%)(7%)(11%)(11%)(2%)(1%)(23%)(6%)1%(22%)(13%)(21%)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

58.2 m16.6 m7.7 m12.4 m

Inventories

1.8 m

Current Assets

86.9 m49.3 m35.3 m22.6 m

PP&E

28.4 m20.2 m10.6 m8 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

62.2 m26.5 m27.2 m22.8 m13.3 m10.4 m9.6 m6.6 m13.8 m13.8 m11.4 m13.4 m

Inventories

10.7 m9.5 m8.9 m9.7 m7.7 m6.7 m5.9 m3.5 m3 m2.1 m1.9 m2.1 m

Current Assets

89.4 m61.4 m59.9 m60.3 m47.3 m43.8 m38.8 m34.1 m31.8 m26.3 m20.6 m20.2 m

PP&E

28.7 m26.8 m20.9 m20.6 m20.2 m20.8 m11.2 m10.5 m9.8 m9.4 m8.1 m8.2 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(18.3 m)(23.6 m)(9.5 m)(15.9 m)

Depreciation and Amortization

2 m2.1 m1.9 m1.7 m

Accounts Receivable

(1.3 m)(8.2 m)(4.8 m)3.4 m

Inventories

112 k(57 k)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

(1.6 m)(3.9 m)(2.6 m)(3.3 m)(1.7 m)(2.9 m)(5 m)(3.7 m)(3 m)

Depreciation and Amortization

490 k

Accounts Receivable

(1.4 m)

Accounts Payable

4.3 m5.2 m1.1 m3.9 m3.1 m2.5 m2.1 m1.4 m1.6 m
Y, 2017

Financial Leverage

1.2 x
Show all financial metrics

STR Solar Market Value History

STR Solar's Web-traffic and Trends

STR Solar Company Life and Culture

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