SOL · As filed with the SEC
Emeren Group income statement, by fiscal year
The statement as Emeren Group presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED STATEMENTS OF OPERATIONS · USD, except per-share amounts
| USD, except per-share amounts | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 |
|---|---|---|
| Statement | ||
| Net revenues: | ||
| Total net revenues | 92,067,000 | 105,642,000 |
| Solar power project development | 25,874,000 | 25,152,000 |
| Electricity generation | 28,903,000 | 29,405,000 |
| EPC services | 17,332,000 | 43,902,000 |
| DSA | 18,959,000 | 6,323,000 |
| Others | 999,000 | 860,000 |
| Cost of revenues | (67,945,000) | (80,629,000) |
| Gross profit | 24,122,000 | 25,013,000 |
| Operating expenses: | ||
| Sales and marketing | (183,000) | (398,000) |
| General and administrative | (23,131,000) | (25,961,000) |
| Other operating expenses, net | (1,312,000) | (5,624,000) |
| Impairment loss of assets | 0 | (1,691,000) |
| Total operating expenses | (24,626,000) | (33,674,000) |
| Loss from operations | (504,000) | (8,661,000) |
| Other (expenses) income: | ||
| Interest income | 1,429,000 | 1,794,000 |
| Interest expense | (1,988,000) | (2,205,000) |
| Investment (loss) gain | (4,000) | 278,000 |
| Unrealized foreign exchange (loss) gain | (8,522,000) | 5,892,000 |
| Total other (expense) income, net | (9,085,000) | 5,759,000 |
| Loss before income tax | (9,589,000) | (2,902,000) |
| Income tax expense | (2,021,000) | (2,529,000) |
| Net loss | (11,610,000) | (5,431,000) |
| Less: Net income (loss) attributed to non-controlling interests | 867,000 | (2,245,000) |
| Net loss attributed to Emeren Group Ltd | (12,477,000) | (3,186,000) |
| Loss attributed to Emeren Group Ltd per ADS* | ||
| Basic | (0.24) | (0.06) |
| Diluted | (0.24) | (0.06) |
| Weighted average number of ADS* used in computing loss per ADS* | ||
| Basic | 51,845,257 | 56,526,716 |
| Diluted | 51,845,257 | 56,526,716 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.