SolarBank Corporation (SUUN)
$
2.27
+0.02 (0.88%)
Key metrics
Financial statements
Free cash flow per share
-0.7252
Market cap
111.3 Million
Price to sales ratio
3.0018
Debt to equity
1.4744
Current ratio
1.1299
Income quality
0.2495
Average inventory
7.5 Million
ROE
-0.3768
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
SolarBank Corporation operates as an independent renewable and clean energy project developer, power producer, and asset operator in Canada and the United States. It focuses on solar photovoltaic power generation projects, battery energy storage systems, and EV-charging projects. The company provides expertise in the areas of site origination, utility grid interconnection, permitting, financing, engineering, procurement and construction, operation and maintenance, and asset management of solar photovoltaic power plants to the renewable and clean energy industry. It also develops solar projects that sells electricity to commercial, industrial, municipal, residential, and utility off-takers sectors. The company was formerly known as Abundant Solar Energy Inc. and changed its name to SolarBank Corporation in October 2022. SolarBank Corporation was incorporated in 2013 and is headquartered in Toronto, Canada.
News
prnewswire.com
This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated June 5, 2025 to its short form base shelf prospectus dated May 7, 2025 TORONTO , June 5, 2025 /PRNewswire/ - SolarBank Corporation (Nasdaq: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") announces that following the filing of its new short form base shelf prospectus, it is proceeding with a renewal of its at-the-market equity program (the "ATM Program"). The Company is required to renew the ATM Program due to the expiry of the Company's 2023 short form base shelf prospectus.
prnewswire.com
TORONTO , June 3, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company"), a leader in distributed solar energy, battery storage, and clean energy infrastructure across North America, today announces it is implementing a treasury strategy integrating Bitcoin as a strategic reserve asset – inspired by MicroStrategy's multibillion-dollar Bitcoin strategy and SharpLink Gaming's Ethereum-driven strategy. To support this strategy, the Company has filed an account opening application with Coinbase Prime (NASDAQ: COIN) to provide secure custody, USDC services, and a self-custodial wallet for its Bitcoin holdings.
prnewswire.com
TORONTO , May 15, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN; Cboe CA: SUNN, FSE: GY2) ("SolarBank" or the "Company") reminds investors that it intends to release its quarterly financial results for the quarter ended March 31, 2025 after close of the Nasdaq market today, May 15, 2025, and will be hosting a webinar to provide a business update and discuss the quarterly results today. You are invited to a webinar When: May 15, 2025 04:30 PM Eastern Time (US and Canada) Topic: SolarBank Corporation – Quarterly Earnings Release & Management Update Register in advance for this webinar: https://events.teams.microsoft.com/event/4be1ab35-b346-4a54-a0e5-42ac977b7865@f90ea049-87a1-4082-95af-7e4e24c02cb4 After registering, you will receive a confirmation email containing information about joining the webinar.
prnewswire.com
TORONTO , April 22, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") announced today that it has refiled its Audited Consolidated Annual Financial Statements for the year ended June 30, 2024 as initially filed on September 30, 2024 (the "2024 Financial Statements"), solely to include, immediately following the report of the Company's independent auditor, ZH CPA, LLC, the report of the Company's predecessor independent auditor, MSLL CPA LLP. No other changes have been made to the 2024 Financial Statements.
prnewswire.com
TORONTO , April 9, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to announce that it has retained Martone Advisors LLC and its principal, Jonathan Martone, as an advisor to the Company on its previously disclosed planned expansion into the data center market. Mr. Martone has held various leadership roles in the data center and telecommunications industries for over 25 years.
prnewswire.com
TORONTO , March 21, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company"), today announced it has entered into a definitive agreement with a single institutional investor for the purchase and sale of 2,394,367 common shares and warrants to purchase up to 2,394,367 common shares at a combined purchase price of US$3.55 per common share and accompanying warrant, pursuant to a registered direct offering for aggregate gross proceeds of approximately US$8.5 million before deducting fees and other estimated offering expenses (the "Offering"). The warrants will be exercisable immediately at an exercise price of US$4.45 per share and will expire five years from the date of issuance.
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