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Isun Inc   (ISUN)
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    Sector • Technology    Industry • Semiconductors
   Industry • Semiconductors
   Sector • Technology


 

Isun Inc

ISUN's Financial Statements and Analysis



Isun Inc narrowed second quarter of 2023 net loss per share of $-0.13 compare to net loss per share of $-0.40 recorded in the same quarter a year ago and improved compare to net loss per share of $-0.19 realized in previous quarter.


second quarter of 2023
Earnings Per Share Revenues
$ -0.13 $  25 Mill
$+0.27     $+8M     +51.35 %



Isun Inc 's Revenue rose by 51.35 % in second quarter of 2023 (Jun 30 2023) year on year, to $25 million and advanced by 43.65 % sequentially.


Isun Inc is

More on ISUN's Income Statement



Isun Inc 's in thesecond quarter of 2023 recorded net loss of $-2.511 million, an improvement compare to net loss of $-5.681 million in II. Quarter a year ago.

Sequentially net loss narrowed from net loss of $-2.997 million realized in previous quarter.

More on ISUN's Growth

Isun Inc Inventories
Inventories declined by -61.18 % to $2.12 million from II. Quarter a year ago, sequentially inventories fell by -22.89 %. In Jun 30 2023 company's net cash and cash equivalents decreased by $-1 million, capital expenditures grew by -0.359-55.15%, to $0 millions compare to same quarter a year ago

More on ISUN's Cash flow Statement


Isun Inc does not pay out common stock dividend.

In trailing twelve-month period Isun Inc payed $ -0.02 cash per share, on a free-cash flow basis .

Book value fell by -10.23 % sequentially to $1.04 per share, -4.51% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value grew to $ 0.37 per share from $ 0.31.

Company issued 3.72 million shares or 23.31 % in Jun 30 2023.


• More on ISUN's Dividends

 Market Capitalization (Millions) 3
 Shares Outstanding (Millions) 20
 Total Debt (Millions $) 11
 Revenue (TTM) (Millions $) 87
 Net Income (TTM) (Millions $) -51
 Cash Flow (TTM) (Millions $) 5
 Capital Exp. (TTM) (Millions $) -1
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 325




Isun Inc does not pay out common stock dividend.

In trailing twelve-month period Isun Inc had negative $ -0.02 cash flow per share, on a free-cash flow basis .

Book value fell by -10.23 % sequentially to $1.04 per share, -4.51% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value grew to $ 0.37 per share from $ 0.31.

Company issued 3.72 million shares or 23.31 % in Jun 30 2023.


• More on ISUN's Balance Sheets

 Market Capitalization (Millions) 3
 Shares Outstanding (Millions) 20
 Total Debt (Millions $) 11
 Revenue (TTM) (Millions $) 87
 Net Income (TTM) (Millions $) -51
 Cash Flow (TTM) (Millions $) 5
 Capital Exp. (TTM) (Millions $) -1
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 325
   


  News about Isun Inc Earnings

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...

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 over...


Date modified: 2023-08-21T10:43:01+00:00





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