STR Solar market cap is $15.5 m, and annual revenue was $10.88 m in FY 2018

STR Solar Gross profit (Q2, 2019)-912 K

STR Solar Gross profit margin (Q2, 2019), %(53.6%)

STR Solar Net income (Q2, 2019)-2.6 M

STR Solar EBIT (Q2, 2019)-2.8 M

STR Solar Cash, 30-Jun-20192 M

STR Solar EV15.8 M

USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|---|---|---|

## Revenue | 31.9m | 39.3m | 29.8m | 20.1m | 13.5m | 10.9m |

| 23% | (24%) | (32%) | |||

## Cost of goods sold | 34.1m | 44.5m | 31.6m | 22.1m | 14.9m | 11.5m |

## Gross profit | (2.2m) | (5.2m) | (1.8m) | (2.0m) | (1.4m) | (660.0k) |

| (7%) | (13%) | (6%) | (10%) | (10%) | (6%) |

## R&D expense | 2.7m | 1.3m | 1.2m | 733.0k | 815.0k | |

## General and administrative expense | 18.3m | 10.2m | 7.1m | 6.1m | 5.6m | |

## Operating expense total | 21.0m | 11.5m | 8.3m | (5.1m) | (5.8m) | |

## EBIT | (25.2m) | (19.7m) | (13.0m) | (12.6m) | (7.3m) | (7.7m) |

| (79%) | (50%) | (44%) | (63%) | (54%) | (71%) |

## Interest expense | 30.0k | 27.0k | 38.0k | 37.0k | ||

## Interest income | 27.0k | 37.0k | 21.0k | 27.0k | ||

## Net Income | (18.3m) | (23.6m) | (9.5m) | (15.9m) |

USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q1, 2019 | Q2, 2019 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Revenue | 6.2m | 9.3m | 11.2m | 9.5m | 6.9m | 8.5m | 6.6m | 6.4m | 6.7m | 4.0m | 3.7m | 3.1m | 3.5m | 3.7m | 6.3m | 1.8m | 1.7m |

## Cost of goods sold | 7.0m | 10.0m | 12.4m | 10.5m | 7.0m | 8.6m | 8.1m | 6.8m | 6.6m | 4.9m | 4.2m | 3.7m | 3.4m | 2.4m | 5.9m | 2.8m | 2.6m |

## Gross profit | (821.0k) | (681.0k) | (1.2m) | (1.0m) | (146.0k) | (66.0k) | (1.5m) | (401.0k) | 60.0k | (899.0k) | (497.0k) | (638.0k) | 141.0k | 1.3m | 326.0k | (1.0m) | (912.0k) |

| (13%) | (7%) | (11%) | (11%) | (2%) | (1%) | (23%) | (6%) | 1% | (22%) | (13%) | (21%) | 4% | 35% | 5% | (56%) | (54%) |

## R&D expense | 703.0k | 256.0k | 295.0k | 291.0k | 360.0k | 334.0k | 314.0k | 225.0k | 215.0k | 405.0k | 194.0k | 189.0k | |||||

## General and administrative expense | 4.6m | 3.0m | 2.4m | 2.5m | 2.6m | 2.8m | 3.2m | 1.9m | 1.8m | 1.8m | 2.0m | 1.3m | 1.6m | 1.7m | 3.1m | 1.3m | 1.2m |

## Operating expense total | 4.6m | 3.0m | 2.4m | 2.5m | 2.6m | 2.8m | 3.2m | 1.9m | 1.8m | 1.8m | 2.0m | 1.3m | 1.8m | 1.9m | 3.5m | 1.5m | 1.4m |

## EBIT | (6.0m) | (3.9m) | (3.9m) | (4.0m) | (3.0m) | (3.0m) | (5.2m) | (3.1m) | (3.0m) | (3.7m) | (2.6m) | (2.0m) | (1.2m) | (545.0k) | (3.2m) | (2.8m) | (2.8m) |

| (96%) | (42%) | (34%) | (42%) | (44%) | (36%) | (79%) | (48%) | (44%) | (91%) | (71%) | (64%) | (33%) | (15%) | (50%) | (157%) | (165%) |

## Interest expense | 16.0k | 3.0k | 4.0k | 13.0k | 52.0k | 4.0k | 1.0k | 1.0k | 15.0k | 1.0k | 11.0k | ||||||

## Interest income | 4.0k | 16.0k | 3.0k | 4.0k | 13.0k | 52.0k | 1.0k | 15.0k | |||||||||

## Pre tax profit | (1.1m) | (2.5m) | |||||||||||||||

## Income tax expense | (125.0k) | (173.0k) | 271.0k | (218.0k) | |||||||||||||

## Net Income | (1.6m) | (3.9m) | (2.6m) | (3.3m) | (1.7m) | (2.9m) | (5.0m) | (3.7m) | (3.0m) | (284.0k) | (906.0k) | (2.8m) | (2.6m) |

USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|---|---|---|

## Cash | 58.2m | 16.6m | 7.7m | 12.4m | 13.5m | 5.6m |

## Accounts Receivable | ||||||

## Inventories | 8.6m | 4.8m | 1.8m | 1.1m | 1.8m | |

## Current Assets | 86.9m | 49.3m | 35.3m | 22.6m | 18.2m | 10.9m |

## PP&E | 28.4m | 20.2m | 10.6m | 8.0m | 8.7m | 10.9m |

## Total Assets | 129.2m | 69.8m | 53.9m | 36.8m | 33.2m | 27.1m |

## Accounts Payable | 2.6m | 2.7m | 2.2m | 1.5m | 971.0k | 2.2m |

## Short-term debt | ||||||

## Current Liabilities | 12.6m | 7.5m | 6.7m | 5.5m | 4.6m | 4.8m |

## Long-term debt | ||||||

## Total Debt | ||||||

## Total Liabilities | 17.3m | 6.7m | 5.5m | 5.3m | 5.1m | |

## Additional Paid-in Capital | 235.8m | 230.3m | 231.0m | 231.6m | 232.1m | 232.3m |

## Retained Earnings | (122.4m) | (168.6m) | (178.1m) | (194.0m) | (199.1m) | (204.8m) |

## Total Equity | 111.9m | 57.7m | 47.2m | 31.4m | 27.9m | 22.0m |

## Financial Leverage | 1.2 x | 1.2 x | 1.1 x | 1.2 x | 1.2 x | 1.2 x |

USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q1, 2019 | Q2, 2019 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Cash | 62.2m | 26.5m | 27.2m | 22.8m | 13.3m | 10.4m | 9.6m | 6.6m | 13.8m | 13.8m | 11.4m | 13.4m | 13.3m | 13.3m | 11.7m | 5.5m | 2.0m |

## Inventories | 10.7m | 9.5m | 8.9m | 9.7m | 7.7m | 6.7m | 5.9m | 3.5m | 3.0m | 2.1m | 1.9m | 2.1m | 1.9m | 1.1m | 1.4m | 1.7m | 1.2m |

## Current Assets | 89.4m | 61.4m | 59.9m | 60.3m | 47.3m | 43.8m | 38.8m | 34.1m | 31.8m | 26.3m | 20.6m | 20.2m | 19.8m | 17.7m | 16.3m | 10.4m | 5.8m |

## PP&E | 28.7m | 26.8m | 20.9m | 20.6m | 20.2m | 20.8m | 11.2m | 10.5m | 9.8m | 9.4m | 8.1m | 8.2m | 7.9m | 8.8m | 7.8m | 11.7m | 11.6m |

## Total Assets | 131.8m | 102.3m | 94.1m | 93.6m | 67.9m | 65.0m | 58.7m | 52.6m | 48.0m | 42.0m | 34.5m | 34.5m | 33.8m | 32.7m | 30.3m | 27.5m | 22.8m |

## Accounts Payable | 3.1m | 6.2m | 4.3m | 5.2m | 3.6m | 3.9m | 3.1m | 2.5m | 2.1m | 1.4m | 1.6m | 1.3m | 951.0k | 710.0k | 1.5m | 3.1m | 1.2m |

## Current Liabilities | 12.1m | 16.3m | 9.6m | 14.0m | 9.5m | 9.3m | 9.4m | 7.8m | 8.3m | 5.8m | 6.0m | 5.6m | 5.4m | 3.2m | 4.1m | 6.0m | 4.1m |

## Long-term debt | 2.2m | 2.3m | |||||||||||||||

## Total Debt | 2.2m | 2.3m | |||||||||||||||

## Total Liabilities | 16.9m | 21.1m | 14.4m | 18.7m | 14.2m | 13.9m | 9.4m | 7.8m | 8.3m | 5.8m | 6.0m | 5.6m | 5.4m | 4.0m | 5.1m | 8.4m | 6.4m |

## Additional Paid-in Capital | 235.4m | 210.1m | 210.3m | 210.6m | 230.4m | 230.6m | 230.8m | ||||||||||

## Retained Earnings | (118.8m) | (127.1m) | (128.7m) | (132.6m) | (171.2m) | (174.6m) | (176.3m) | (181.0m) | (186.1m) | (189.7m) | (197.0m) | (197.3m) | (198.2m) | (198.8m) | (201.8m) | (207.7m) | (210.3m) |

## Total Equity | 114.8m | 81.2m | 79.6m | 74.9m | 53.7m | 51.1m | 49.3m | 44.8m | 39.7m | 36.2m | 28.6m | 28.9m | 28.4m | 28.7m | 25.2m | 19.0m | 16.4m |

## Financial Leverage | 1.1 x | 1.3 x | 1.2 x | 1.2 x | 1.3 x | 1.3 x | 1.2 x | 1.2 x | 1.2 x | 1.2 x | 1.2 x | 1.2 x | 1.2 x | 1.1 x | 1.2 x | 1.4 x | 1.4 x |

USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|---|---|---|

## Net Income | (18.3m) | (23.6m) | (9.5m) | (15.9m) | (5.1m) | (5.8m) |

## Depreciation and Amortization | 2.0m | 2.1m | 1.9m | 1.7m | 708.0k | 718.0k |

## Accounts Receivable | (1.3m) | (8.2m) | (4.8m) | 3.4m | 3.1m | (1.9m) |

## Inventories | 112.0k | (57.0k) | 3.2m | 2.8m | 910.0k | (729.0k) |

## Accounts Payable | (321.0k) | 155.0k | (332.0k) | (597.0k) | (415.0k) | 1.3m |

## Cash From Operating Activities | (22.0m) | (14.5m) | ||||

## Cash From Investing Activities | (2.1m) | 3.7m | (1.8m) | (247.0k) | (946.0k) | (3.4m) |

## Cash From Financing Activities | 19.0k | (30.4m) | 565.0k | (34.0k) | 16.0k | (62.0k) |

## Income Taxes Paid | (650.0k) | (11.9m) | 905.0k | (8.3m) | ||

## Free Cash Flow | (24.2m) |

USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
---|---|---|---|---|---|---|---|---|---|---|---|

## Net Income | (14.6m) | (4.6m) | (1.6m) | (3.9m) | (2.6m) | (3.3m) | (1.7m) | (2.9m) | (5.0m) | (3.7m) | (3.0m) |

## Depreciation and Amortization | 1.5m | 511.0k | 490.0k | ||||||||

## Accounts Receivable | 236.0k | (1.4m) | (1.4m) | ||||||||

## Inventories | (2.0m) | (3.5m) | |||||||||

## Accounts Payable | 188.0k | 3.6m | 4.3m | 5.2m | 1.1m | 3.9m | 3.1m | 2.5m | 2.1m | 1.4m | 1.6m |

USD | Y, 2019 |
---|---|

## EV/EBIT | -5.6 x |

## Financial Leverage | 1.4 x |