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Isun Inc   (ISUN)
Other Ticker:  
 
    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology
 
Price: $0.1925 $0.01 6.589%
Day's High: $0.1935 Week Perf: 10.44 %
Day's Low: $ 0.18 30 Day Perf: -14.44 %
Volume (M): 365 52 Wk High: $ 1.52
Volume (M$): $ 70 52 Wk Avg: $0.41
Open: $0.18 52 Wk Low: $0.13



 Market Capitalization (Millions $) 4
 Shares Outstanding (Millions) 20
 Employees 325
 Revenues (TTM) (Millions $) 87
 Net Income (TTM) (Millions $) -51
 Cash Flow (TTM) (Millions $) 5
 Capital Exp. (TTM) (Millions $) 1

Isun Inc
We primarily provide services to solar energy customers for projects ranging in size from several kilowatts for residential loads to multi-megawatt systems for commercial, industrial and utility projects. To date, we have installed over 400 megawatts of solar systems since inception and are focused on profitable growth opportunities. We believe that we are well-positioned for what we believe to be the coming transformation to an all renewable energy economy. As a result of the completion of the Reverse Merger and Recapitalization, we have now opened our family company to the public market as part of our strategic growth plan. We are expanding across the United States to serve the fast-growing demand for clean renewable energy. We are open to partnering with others to accelerate our growth process, and we are expanding our portfolio of company-owned solar arrays to establish recurring revenue streams for many years to come. We have established a leading presence in the market after five decades of successfully serving our customers, and we are now ready for new opportunities and the next five decades of success.

Residential solar brand, SunCommon: Supports EV purchases with at-home charging, promotes residential solar + storage installation, and provides other smart home energy upgrades.
Commercial Division: Supports EV fleet and workplace charging adoption, promotes solar projects at the workplace to help employers and businesses provide for their customers and employees, and future-proof their energy costs.
Industrial & Municipal Solar Division: Enables municipalities, destination locations, and communities and/or dwellings where on-site or roof-top installation may not be a viable option to adopt EV charging and solar solutions via resilient microgrid and community solar projects.
Utility Solar Division: Helps utilities meet increased demand and upgrade their infrastructure to with utility-scale solar projects and resources.


   Company Address: 400 Avenue D Williston 5495 VT
   Company Phone Number: 658-3378   Stock Exchange / Ticker: NASDAQ ISUN
   ISUN is expected to report next financial results on April 16, 2024.


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BEEM        1.86% 
BLNK        2.54% 
CHPT        6.12% 
DCFC   -28.73%    
GE        4.56% 
RIVN        6.07% 
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Product Service News

Cultivating a Greener Future: iSun's Collaboration with Next2Sun Brings Vertical Agrivoltaics to the USA

Published Thu, Dec 21 2023 1:45 PM UTC

In a groundbreaking collaboration, iSun, Inc. (NASDAQ: ISUN), a prominent US solar company, has partnered with Next2Sun Mounting Systems GmbH (Next2Sun), a pioneering German agrivoltaics firm, to establish the first-ever vertical agrivoltaics system in the USA. This strategic partnership aims to accelerate the adoption of sustainable farming practices while harnessing clean ...

Business Update

iSun Inc. Energizes Solar Ambitions with $8.0 Million Funding Triumph

Published Thu, Dec 14 2023 1:45 PM UTC



iSun Inc., a reputable renewable energy and clean mobility infrastructure company, has successfully obtained an $8.0 million senior secured loan from Decathlon Capital Partners. The funding will be used to refinance the company's previous convertible facility, enabling iSun to pursue its ambitious plans to accelerate the adoption of innovative electrical technologi...

Isun Inc

Isun Inc's Strong Revenue Growth Helps Narrow Deficit in Recent Fiscal Period

Isun Inc, a semiconductor company, has seen a significant improvement in its financial performance for the period ending June 30, 2023. The company reported a 51.353% increase in revenue to $24.94 million, which helped to reduce its losses to $-0.13 per share, compared to $-0.40 per share in the same reporting period last year.
While many businesses in the semiconductor industry have been negatively impacted by declining orders and a shrinking top-line, Isun Inc has managed to flourish in the second quarter of 2023. This is a testament to the company's strategic initiatives and its ability to adapt to the changes in the market.
In the first quarter, Isun Inc experienced a 43.655% increase in revenue from $17.36 million, and the earnings per share also improved from $-0.19 per share. However, in the April to June interval, the company reported a net shortfall of $-2.511 million, which is a significant improvement compared to the $-5.681 million deficit in the same period last year.
The decreasing inventory levels at Isun Inc suggest that there is a decline in future demand, as the inventories have dropped to $2.1 million compared to the previous quarter and the same period the year before. On the other hand, the increase in accounts receivable indicates a rising demand. The accounts receivables were valued at $11.2 million, higher than the preceding quarter.

Isun Inc

Isun Inc Shows Signs of Recovery with Improved ROE Performance in First Quarter of 2023

After analyzing the financial results of Isun Inc for the 12 months ending in the first quarter of 2023, there is reason to be concerned about the company's performance. Isun Inc has recorded a cumulative net loss of $-54 million, resulting in a negative ROE of -128.99%. This signals that the company's profitability is in jeopardy, and it will need to make significant changes if it hopes to recover.
Within the Semiconductors industry, Isun Inc ranks low in terms of ROE compared to 56 other companies, indicating that its profitability is lagging behind its competitors. However, there is some reason for optimism as the company's overall ranking of ROE has advanced to 2930 in the current quarter from 3941 in the previous quarter. This suggests that there may be signs of recovery, but it is still too early to tell.






 

Isun Inc's Segments
 
 
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