STR Solar (STRI) stock price, revenue, and financials

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

$15.5 M

STRI Mkt cap, 09-Oct-2018

$1.7 M

STR Solar Revenue Q2, 2019
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

STR Solar Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

31.9m39.3m29.8m20.1m13.5m10.9m

Revenue growth, %

23%(24%)(32%)

Cost of goods sold

34.1m44.5m31.6m22.1m14.9m11.5m

Gross profit

(2.2m)(5.2m)(1.8m)(2.0m)(1.4m)(660.0k)

Gross profit Margin, %

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

R&D expense

2.7m1.3m1.2m733.0k815.0k

General and administrative expense

18.3m10.2m7.1m6.1m5.6m

Operating expense total

21.0m11.5m8.3m(5.1m)(5.8m)

EBIT

(25.2m)(19.7m)(13.0m)(12.6m)(7.3m)(7.7m)

EBIT margin, %

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

Interest expense

30.0k27.0k38.0k37.0k

Interest income

27.0k37.0k21.0k27.0k

Net Income

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

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q1, 2019Q2, 2019

Revenue

6.2m9.3m11.2m9.5m6.9m8.5m6.6m6.4m6.7m4.0m3.7m3.1m3.5m3.7m6.3m1.8m1.7m

Cost of goods sold

7.0m10.0m12.4m10.5m7.0m8.6m8.1m6.8m6.6m4.9m4.2m3.7m3.4m2.4m5.9m2.8m2.6m

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)141.0k1.3m326.0k(1.0m)(912.0k)

Gross profit Margin, %

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

R&D expense

703.0k256.0k295.0k291.0k360.0k334.0k314.0k225.0k215.0k405.0k194.0k189.0k

General and administrative expense

4.6m3.0m2.4m2.5m2.6m2.8m3.2m1.9m1.8m1.8m2.0m1.3m1.6m1.7m3.1m1.3m1.2m

Operating expense total

4.6m3.0m2.4m2.5m2.6m2.8m3.2m1.9m1.8m1.8m2.0m1.3m1.8m1.9m3.5m1.5m1.4m

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)

EBIT margin, %

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

Interest expense

16.0k3.0k4.0k13.0k52.0k4.0k1.0k1.0k15.0k1.0k11.0k

Interest income

4.0k16.0k3.0k4.0k13.0k52.0k1.0k15.0k

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)

STR Solar Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

58.2m16.6m7.7m12.4m13.5m5.6m

Accounts Receivable

Inventories

8.6m4.8m1.8m1.1m1.8m

Current Assets

86.9m49.3m35.3m22.6m18.2m10.9m

PP&E

28.4m20.2m10.6m8.0m8.7m10.9m

Total Assets

129.2m69.8m53.9m36.8m33.2m27.1m

Accounts Payable

2.6m2.7m2.2m1.5m971.0k2.2m

Short-term debt

Current Liabilities

12.6m7.5m6.7m5.5m4.6m4.8m

Long-term debt

Total Debt

Total Liabilities

17.3m6.7m5.5m5.3m5.1m

Additional Paid-in Capital

235.8m230.3m231.0m231.6m232.1m232.3m

Retained Earnings

(122.4m)(168.6m)(178.1m)(194.0m)(199.1m)(204.8m)

Total Equity

111.9m57.7m47.2m31.4m27.9m22.0m

Financial Leverage

1.2 x1.2 x1.1 x1.2 x1.2 x1.2 x

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q1, 2019Q2, 2019

Cash

62.2m26.5m27.2m22.8m13.3m10.4m9.6m6.6m13.8m13.8m11.4m13.4m13.3m13.3m11.7m5.5m2.0m

Inventories

10.7m9.5m8.9m9.7m7.7m6.7m5.9m3.5m3.0m2.1m1.9m2.1m1.9m1.1m1.4m1.7m1.2m

Current Assets

89.4m61.4m59.9m60.3m47.3m43.8m38.8m34.1m31.8m26.3m20.6m20.2m19.8m17.7m16.3m10.4m5.8m

PP&E

28.7m26.8m20.9m20.6m20.2m20.8m11.2m10.5m9.8m9.4m8.1m8.2m7.9m8.8m7.8m11.7m11.6m

Total Assets

131.8m102.3m94.1m93.6m67.9m65.0m58.7m52.6m48.0m42.0m34.5m34.5m33.8m32.7m30.3m27.5m22.8m

Accounts Payable

3.1m6.2m4.3m5.2m3.6m3.9m3.1m2.5m2.1m1.4m1.6m1.3m951.0k710.0k1.5m3.1m1.2m

Current Liabilities

12.1m16.3m9.6m14.0m9.5m9.3m9.4m7.8m8.3m5.8m6.0m5.6m5.4m3.2m4.1m6.0m4.1m

Long-term debt

2.2m2.3m

Total Debt

2.2m2.3m

Total Liabilities

16.9m21.1m14.4m18.7m14.2m13.9m9.4m7.8m8.3m5.8m6.0m5.6m5.4m4.0m5.1m8.4m6.4m

Additional Paid-in Capital

235.4m210.1m210.3m210.6m230.4m230.6m230.8m

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

114.8m81.2m79.6m74.9m53.7m51.1m49.3m44.8m39.7m36.2m28.6m28.9m28.4m28.7m25.2m19.0m16.4m

Financial Leverage

1.1 x1.3 x1.2 x1.2 x1.3 x1.3 x1.2 x1.2 x1.2 x1.2 x1.2 x1.2 x1.2 x1.1 x1.2 x1.4 x1.4 x

STR Solar Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(18.3m)(23.6m)(9.5m)(15.9m)(5.1m)(5.8m)

Depreciation and Amortization

2.0m2.1m1.9m1.7m708.0k718.0k

Accounts Receivable

(1.3m)(8.2m)(4.8m)3.4m3.1m(1.9m)

Inventories

112.0k(57.0k)3.2m2.8m910.0k(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)

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 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

1.5m511.0k490.0k

Accounts Receivable

236.0k(1.4m)(1.4m)

Inventories

(2.0m)(3.5m)

Accounts Payable

188.0k3.6m4.3m5.2m1.1m3.9m3.1m2.5m2.1m1.4m1.6m

STR Solar Ratios

USDY, 2019

EV/EBIT

-5.6 x

Financial Leverage

1.4 x