PEGY · Pineapple Energy Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $71.91M | $56.86M | $79.63M | $27.52M | $7.01M | $42.58M |
| Cost of Revenue | $44.36M | $36.44M | $51.94M | $20.14M | $4.58M | $25.37M |
| Gross Profit | $27.54M | $20.43M | $27.70M | $7.38M | $2.43M | $17.21M |
| R&D | - | - | - | - | - | $2.81M |
| SG&A | $26.98M | $27.05M | $29.07M | $12.21M | $7.13M | $19.22M |
| Total Operating Expenses | $29.22M | $32.74M | $35.16M | $17.83M | $10.61M | $19.90M |
| D&A | $2.50M | $3.15M | $5.14M | $3.23M | $822.0K | $962.3K |
| Operating Income | ($1.67M) | ($12.32M) | ($7.47M) | ($10.45M) | ($8.17M) | ($2.70M) |
| Interest Expense | $1.04M | $3.09M | - | - | - | - |
| Income Tax | $51.1K | $34.8K | $119.2K | $12.2K | $24.6K | $20.3K |
| Net Income | ($10.89M) | ($15.85M) | ($8.13M) | ($10.35M) | $2.97M | ($171.7K) |
| EPS - Basic | ($4.38) | ($50.58) | ($0.81) | ($4.04) | $0.31 | ($0.02) |
| EPS - Diluted | ($4.38) | ($50.58) | ($0.81) | ($4.04) | $0.31 | ($0.02) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $7.18M | $839.3K | $3.58M | $2.19M | $3.49M | $13.09M |
| Accounts Receivable | $4.24M | $4.88M | $5.01M | $5.56M | $1.80M | $10.18M |
| Inventory | $2.53M | $2.71M | $3.58M | $6.05M | $194.5K | $8.70M |
| Accounts Payable | $7.40M | $8.03M | $7.68M | $7.59M | $798.5K | $2.38M |
| Current Assets | $16.47M | $11.11M | $15.78M | $25.96M | $6.53M | $35.76M |
| Total Assets | $48.24M | $45.71M | $58.17M | $74.70M | $20.07M | $55.56M |
| Current Liabilities | $15.41M | $27.16M | $22.37M | $25.93M | $2.61M | $7.44M |
| Long-term Debt | $6.64M | - | - | - | - | - |
| Total Liabilities | - | - | - | - | - | - |
| Stockholders' Equity | $24.35M | $8.55M | $20.44M | $27.22M | $17.02M | $47.49M |
| Retained Earnings | ($53.79M) | ($42.90M) | ($27.08M) | ($19.09M) | ($28.35M) | $4.14M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $955.0K | ($6.30M) | ($667.2K) | ($7.58M) | ($4.61M) | ($4.68M) |
| Investing Cash Flow | ($48.6K) | ($26.7K) | $3.57M | ($3.10M) | $30.54M | $3.93M |
| Financing Cash Flow | $5.12M | $2.08M | ($2.76M) | $15.91M | ($35.59M) | ($799.9K) |
| CapEx | $48.6K | $32.8K | $655.7K | $116.9K | $35.0K | $250.0K |
| Free Cash Flow | $906.4K | ($6.34M) | ($1.32M) | ($7.69M) | ($4.65M) | ($4.93M) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 38.3% | 35.9% | 34.8% | 26.8% | 34.7% | 40.4% |
| Operating margin | -2.3% | -21.7% | -9.4% | -38.0% | -116.6% | -6.3% |
| EBITDA margin | 1.2% | -16.1% | -2.9% | -26.2% | -104.8% | -4.1% |
| Net margin | -15.1% | -27.9% | -10.2% | -37.6% | 42.4% | -0.4% |
| Free cash flow margin | 1.3% | -11.1% | -1.7% | -28.0% | -66.3% | -11.6% |
| FCF / Net income | -0.08 | 0.40 | 0.16 | 0.74 | -1.56 | 28.74 |
| R&D / Revenue | - | - | - | - | - | 6.6% |
| SG&A / Revenue | 37.5% | 47.6% | 36.5% | 44.4% | 101.7% | 45.1% |
| Effective tax rate | - | - | - | - | 0.8% | - |
| Return on assets | -22.6% | -34.7% | -14.0% | -13.9% | 14.8% | -0.3% |
| Return on equity | -44.7% | -185.4% | -39.8% | -38.0% | 17.5% | -0.4% |
| Return on invested capital | -4.3% | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 1.07 | 0.41 | 0.71 | 1.00 | 2.50 | 4.81 |
| Quick ratio | 0.90 | 0.31 | 0.55 | 0.77 | 2.43 | 3.64 |
| Cash ratio | 0.47 | 0.03 | 0.16 | 0.08 | 1.34 | 1.76 |
| Leverage | ||||||
| Debt / Equity | 0.27 | - | - | - | - | - |
| Debt / Assets | 0.14 | - | - | - | - | - |
| Debt / EBITDA | 8.00 | - | - | - | - | - |
| Interest coverage | -1.6x | -4.0x | - | - | - | - |
| Equity multiplier | 1.98 | 5.35 | 2.85 | 2.74 | 1.18 | 1.17 |
| Liabilities / Assets | - | - | - | - | - | - |
| Efficiency | ||||||
| Asset turnover | 1.49 | 1.24 | 1.37 | 0.37 | 0.35 | 0.77 |
| Inventory turnover | 17.50 | 13.46 | 14.51 | 3.33 | 23.53 | 2.92 |
| Days sales outstanding | 22d | 31d | 23d | 74d | 94d | 87d |
| Days inventory outstanding | 21d | 27d | 25d | 110d | 16d | 125d |
| Days payable outstanding | 61d | 80d | 54d | 138d | 64d | 34d |
| Cash conversion cycle | -18d | -22d | -6d | 46d | 46d | 178d |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 26.5% | -28.6% | 189.3% | 292.6% | -83.5% | -16.4% |
| Revenue CAGR (3y) | 37.7% | 100.9% | 23.2% | -18.5% | -56.0% | -24.6% |
| Revenue CAGR (5y) | 11.1% | 2.2% | -0.7% | -22.6% | -43.2% | -20.2% |
| Gross profit growth (YoY) | 34.8% | -26.2% | 275.4% | 203.1% | -85.9% | -22.4% |
| Operating income growth (YoY) | 86.4% | -65.0% | 28.5% | -27.9% | -203.0% | - |
| Net income growth (YoY) | 31.3% | -94.9% | 21.4% | - | - | - |
| EPS growth (YoY) | 91.3% | -6144.4% | 80.0% | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | - | -378.9% | 82.8% | -65.6% | 5.8% | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | 184.8% | -58.2% | -24.9% | 60.0% | -64.2% | 0.2% |
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
6/9
Neutral
- ✗Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- ✓Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Construction - Special Trade Contractors
Comparing Pineapple Energy Inc. against the 5 most active filers in the same SIC group.