SUNW - Sunworks Inc Stock Price, Fair Value and News

0.03USD0.00 (0.00%)Delayed

Market Summary

USD0.030.00

Delayed

0.00%

SUNW Stock Price

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SUNW RSI Chart

SUNW Valuation

Market Cap

1.7M

Price/Earnings (Trailing)

-0.02

Price/Sales (Trailing)

0.01

EV/EBITDA

0.02

Price/Free Cashflow

-0.04

SUNW Price/Sales (Trailing)

SUNW Profitability

Operating Margin

58.81%

EBT Margin

-40.28%

Return on Equity

-289.21%

Return on Assets

-92.58%

Free Cashflow Yield

-2.3K%

SUNW Fundamentals

SUNW Revenue

Revenue (TTM)

154.9M

Rev. Growth (Yr)

-29.52%

Rev. Growth (Qtr)

-17.15%

SUNW Earnings

Earnings (TTM)

-62.5M

Earnings Growth (Yr)

-575.02%

Earnings Growth (Qtr)

-187.19%

Breaking Down SUNW Revenue

Last 90 days

-86.4%

Trailing 12 Months

-97.5%

How does SUNW drawdown profile look like?

SUNW Financial Health

Current Ratio

1.24

Debt/Equity

0.07

Debt/Cashflow

-16.41

SUNW Investor Care

Shares Dilution (1Y)

61.37%

Diluted EPS (TTM)

-1.57

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	168.6M	166.9M	154.9M	0
2022	126.2M	130.5M	140.0M	161.9M
2021	31.7M	54.1M	78.1M	101.2M
2020	62.9M	53.9M	43.7M	37.9M
2019	66.8M	65.4M	64.7M	59.8M
2018	76.5M	71.5M	71.0M	71.0M
2017	81.3M	75.4M	76.6M	77.4M
2016	67.5M	87.5M	85.3M	86.4M
2015	24.8M	28.3M	41.6M	53.7M
2014	11.5M	14.4M	17.3M	20.2M
2013	0	0	6.3M	8.6M
2012	0	0	0	4.1M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Sunworks Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Jan 16, 2024	trout mark	sold (taxes)	-2,328	0.21	-11,090	chief executive officer
Jan 05, 2024	bonfigt jason lee	sold (taxes)	-50.292	0.198	-254	chief financial officer
Dec 20, 2023	bonfigt jason lee	sold (taxes)	-287	0.2521	-1,141	chief financial officer
Dec 18, 2023	trout mark	sold (taxes)	-3,228	0.299	-10,799	chief executive officer
Dec 05, 2023	monahan christopher gardner	acquired	-	-	362,318	chief legal officer
Dec 05, 2023	bonfigt jason lee	acquired	-	-	362,318	chief financial officer
Dec 05, 2023	bonfigt jason lee	sold (taxes)	-185	0.28	-663	chief financial officer
Dec 05, 2023	mccullough patrick clement jr.	acquired	-	-	362,318	-
Dec 05, 2023	speer stanley e	acquired	-	-	362,318	-
Dec 05, 2023	resch rhone a.	acquired	-	-	362,318	-

Which funds bought or sold SUNW recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Mar 11, 2024	VANGUARD GROUP INC	unchanged	-	-513,018	422,359	-%
Feb 26, 2024	Virtu Financial LLC	new	-	4,000	4,000	-%
Feb 16, 2024	PRICE T ROWE ASSOCIATES INC /MD/	added	148	4,000	43,000	-%
Feb 15, 2024	JANE STREET GROUP, LLC	sold off	-100	-20,307	-	-%
Feb 14, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	unchanged	-	-86,151	70,927	-%
Feb 14, 2024	Royal Bank of Canada	added	282	-	-	-%
Feb 14, 2024	CANTOR FITZGERALD, L. P.	new	-	4,931	4,931	-%
Feb 14, 2024	RATIONAL ADVISORS LLC	sold off	-100	-1,216	-	-%
Feb 14, 2024	MARSHALL WACE, LLP	sold off	-100	-13,346	-	-%

Are Funds Buying or Selling SUNW?

Are funds buying SUNW calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SUNW

No. of Funds

Unveiling Sunworks Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	3.17%	1,798,802	SC 13G/A
Feb 09, 2023	vanguard group inc	5.14%	1,807,951	SC 13G
Apr 11, 2022	invesco ltd.	0.0%	0	SC 13G/A
Jan 10, 2022	invesco ltd.	8.0%	2,334,716	SC 13G/A
Apr 12, 2021	invesco ltd.	16.7%	4,508,674	SC 13G

Recent SEC filings of Sunworks Inc

View All Filings

Date Filed	Form Type	Document
Apr 09, 2024	25-NSE	25-NSE
Feb 14, 2024	8-K	Current Report
Feb 13, 2024	SC 13G/A	Major Ownership Report
Feb 06, 2024	8-K	Current Report
Jan 18, 2024	4	Insider Trading

Peers (Alternatives to Sunworks Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
FSLR	18.7B	3.3B	15.93%	-18.77%	22.52	5.64	26.70%	1981.03%
ENPH	14.5B	2.3B	-6.31%	-52.61%	32.95	6.31	-1.72%	10.46%
MID-CAP
SEDG	3.2B	3.0B	-14.79%	-82.47%	92.81	1.07	-4.30%	-63.39%
RUN	2.3B	2.3B	-10.54%	-50.84%	-1.4	1	-2.65%	-1025.44%
SMALL-CAP
BEEM	88.7B	67.4M	-13.60%	-38.71%	-5.5K	1.3K	86.60%	18.40%
ARRY	1.7B	1.6B	-15.32%	-46.21%	12.42	1.08	-3.72%	2996.57%
SHLS	1.4B	488.9M	-32.35%	-62.50%	32.94	2.78	49.55%	-68.23%
SPWR	387.5M	1.8B	-25.84%	-84.01%	-3.38	0.22	14.74%	-307.59%
FTCI	49.0M	127.0M	-29.09%	-84.88%	-0.97	0.39	3.20%	49.51%
SUNW	1.7M	154.9M	-	-97.50%	-0.02	0.01	10.63%	-80.26%
ASTI	379.4K	458.3K	-74.36%	-71.43%	-0.02	0.83	-62.52%	13.59%

Sunworks Inc News

Latest updates

Sunworks Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Revenue	-17.2%	28,696,000	34,638,000	37,899,000	53,629,000	40,713,000	36,397,000	31,196,000	31,674,000	31,220,000	32,091,000	6,169,000	8,578,000	7,304,000	9,670,000	12,361,000	14,360,000	17,547,000	18,655,000	9,268,000	19,243,000	18,281,000
Gross Profit	-28.6%	8,174,000	11,442,000	11,927,000	22,038,500	19,509,000	16,594,000	13,172,000	13,066,500	13,070,000	15,138,000	91,000	2,144,000	1,634,000	2,407,000	1,826,000	678,500	3,000,000	3,629,000	-644,000	3,589,500	3,365,000
Operating Expenses	94.5%	44,342,000	22,799,000	21,994,000	28,983,000	24,911,000	24,255,000	21,373,000	26,244,000	19,525,000	19,921,000	4,899,000	6,864,000	4,328,000	3,739,000	8,315,000	3,863,500	3,963,000	3,497,000	3,674,000	5,235,500	3,537,000
S&GA Expenses	-34.8%	7,801,000	11,967,000	12,176,000	17,886,000	14,773,000	14,318,000	12,229,000	11,292,000	10,072,000	10,165,000	1,231,000	1,782,000	1,069,000	1,268,000	1,527,000	845,000	761,000	604,000	782,000	775,500	891,000
EBITDA Margin	-127.1%	-0.38	-0.17	-0.14	-0.15	-0.22	-0.24	-0.20	-0.23	-0.18	-0.21	-0.41	-0.39	-	-	-	-	-	-	-	-	-
Interest Expenses	140.8%	183,000	76,000	49,000	38,000	33,000	10,000	8,000	17,000	29,000	10,000	1,000	636,000	61,000	60,000	83,000	46,000	123,000	182,000	126,000	128,000	126,000
Income Taxes	-100.0%	-	112,000	-	-	-	94,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Before Taxes	-189.7%	-36,404,000	-12,564,000	-6,390,000	-7,026,000	-5,393,000	-7,491,000	-8,207,000	-13,485,000	-6,460,000	-1,867,000	-4,813,000	-4,880,000	-2,852,000	-1,459,000	-6,748,000	-3,390,000	-1,184,000	-77,000	-4,535,000	-1,849,000	-376,000
EBT Margin	-114.3%	-0.40	-0.19	-0.16	-0.17	-0.25	-0.27	-0.24	-0.26	-0.23	-0.27	-0.44	-0.42	-	-	-	-	-	-	-	-	-
Net Income	-187.2%	-36,404,000	-12,676,000	-6,390,000	-7,026,000	-5,393,000	-7,585,000	-8,207,000	-13,485,000	-6,460,000	-1,867,000	-4,813,000	-4,880,000	-2,852,000	-1,459,000	-6,748,000	-3,390,000	-1,184,000	-77,000	-4,535,000	-1,849,000	-376,000
Net Income Margin	-113.9%	-0.40	-0.19	-0.16	-0.17	-0.25	-0.27	-0.24	-0.26	-0.23	-0.27	-0.44	-0.42	-	-	-	-	-	-	-	-	-
Free Cashflow	-96.5%	-8,853,000	-4,506,000	-6,801,000	-6,285,000	-5,120,000	-9,445,000	-7,969,000	-4,149,000	-15,534,000	-4,892,000	-5,440,000	2,930,000	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Assets	-34.6%	68.00	103	109	120	121	109	106	101	98.00	111	98.00	52.00	21.00	26.00	28.00	31.00	30.00	29.00	27.00	32.00	35.00
Current Assets	-15.0%	49.00	58.00	63.00	75.00	77.00	64.00	59.00	53.00	44.00	55.00	92.00	46.00	15.00	19.00	20.00	19.00	18.00	17.00	15.00	22.00	23.00
Cash Equivalents	-52.6%	2.00	5.00	3.00	8.00	14.00	12.00	19.00	20.00	11.00	27.00	82.00	39.00	5.00	8.00	5.00	3.00	2.00	3.00	2.00	4.00	4.00
Inventory	-13.5%	16.00	19.00	20.00	26.00	27.00	19.00	14.00	10.00	11.00	7.00	1.00	1.00	2.00	2.00	2.00	3.00	2.00	2.00	3.00	3.00	4.00
Net PPE	-22.3%	1.00	1.00	2.00	2.00	2.00	3.00	3.00	3.00	3.00	4.00	0.00	0.00	0.00	0.00	0.00	1.00	1.00	1.00	1.00	1.00	1.00
Goodwill	-80.8%	6.00	32.00	32.00	32.00	32.00	32.00	32.00	32.00	38.00	38.00	32.00	5.00	5.00	5.00	5.00	9.00	9.00	9.00	9.00	9.00	11.00
Liabilities	-10.9%	46.00	51.00	51.00	56.00	51.00	40.00	32.00	28.00	26.00	33.00	20.00	18.00	16.00	18.00	18.00	22.00	22.00	22.00	22.00	22.00	23.00
Current Liabilities	-12.3%	40.00	45.00	45.00	51.00	47.00	37.00	29.00	25.00	23.00	30.00	17.00	15.00	13.00	14.00	17.00	18.00	17.00	17.00	16.00	18.00	19.00
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	2.00	2.00	-	-	-	-	-	-	-	0.00	0.00
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	-	1.00	1.00	-	-	-	0.00	0.00	1.00	1.00	1.00	1.00
LT Debt, Non Current	-	-	-	-	-	-	-	-	-	-	-	2.00	2.00	-	-	-	-	-	-	-	0.00	0.00
Shareholder's Equity	-58.2%	22.00	52.00	58.00	64.00	71.00	68.00	74.00	73.00	72.00	77.00	78.00	34.00	5.00	8.00	10.00	8.00	8.00	7.00	6.00	10.00	12.00
Retained Earnings	-22.4%	-198	-162	-149	-143	-136	-131	-123	-115	-101	-95.31	-93.45	-88.63	-83.75	-80.90	-79.44	-72.70	-69.31	-68.12	-68.04	-63.51	-61.66
Additional Paid-In Capital	2.9%	221	214	208	207	207	199	197	188	174	173	172	123	89.00	89.00	89.00	81.00	78.00	75.00	74.00	74.00	73.00
Shares Outstanding	19.4%	49.00	41.00	36.00	35.00	32.00	33.00	30.00	29.00	27.00	26.00	25.00	24.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	52.00	-	-	-	284	-	-	-	10.00	-	-	-	14,100	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Cashflow From Operations	-97.4%	-8,800	-4,459	-6,698	-6,088	-5,127	-9,174	-7,801	-3,879	-15,428	-4,478	-5,425	2,931	-3,167	-492	-3,609	-2,219	-3,278	914	-1,873	204	-886
Share Based Compensation	9.4%	477	436	444	377	364	371	1,284	1,264	1,206	1,113	151	10.00	16.00	23.00	98.00	101	99.00	110	124	130	151
Cashflow From Investing	1189.1%	825	64.00	2,417	-192	121	-74.00	-168	-232	-106	-50,972	-15.00	-	-1.00	2.00	-27.00	-23.00	-	-	-	-	-2.00
Cashflow From Financing	-0.7%	5,542	5,581	-80.00	-186	7,137	1,860	7,705	12,586	-107	-99.00	48,858	31,417	-27.00	2,820	5,953	3,239	2,289	591	-210	-210	-209

SUNW Income Statement

2023-09-30

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Income Statement [Abstract]
Revenue, net	$ 28,696	$ 40,713	$ 101,234	$ 108,306
Cost of Goods Sold	20,522	21,204	69,696	59,030
Gross Profit	8,174	19,509	31,538	49,276
Operating Expenses:
Selling and marketing	7,801	14,773	31,847	41,320
General and administrative	9,441	8,718	28,057	24,025
Goodwill impairment	26,000		26,000
Stock-based compensation	477	364	1,357	2,019
Depreciation and amortization	623	1,056	1,868	3,177
Total Operating Expenses	44,342	24,911	89,129	70,541
Operating Loss	(36,168)	(5,402)	(57,591)	(21,265)
Other Income (Expense)
Other income (expense), net	54	(6)	4,103	46
Interest expense	(394)	(50)	(636)	(115)
Gain (loss) on disposal of property and equipment	104	65	(1,234)	243
Total Other Income (Expense), net	(236)	9	2,233	174
Loss before Income Taxes	(36,404)	(5,393)	(55,358)	(21,091)
Income Tax Expense			112	94
Net Loss	$ (36,404)	$ (5,393)	$ (55,470)	$ (21,185)
LOSS PER SHARE:
Basic	$ (0.84)	$ (0.16)	$ (1.43)	$ (0.66)
Diluted	$ (0.84)	$ (0.16)	$ (1.43)	$ (0.66)
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING
Basic	43,569,953	33,626,405	38,867,833	32,027,304
Diluted	43,569,953	33,626,405	38,867,833	32,027,304

SUNW Balance Sheet

2023-09-30

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Current Assets:
Cash and cash equivalents	$ 2,197	$ 7,807
Restricted cash	250	248
Accounts receivable, net	10,203	13,873
Inventory	16,379	26,401
Contract assets	16,714	20,699
Other current assets	3,557	5,824
Total Current Assets	49,300	74,852
Property and equipment, net	1,156	2,154
Finance lease right-of-use assets, net	4,156	2,487
Operating lease right-of-use assets, net	2,203	2,779
Deposits	202	192
Intangible assets, net	4,300	5,290
Goodwill	6,186	32,186
Total Assets	67,503	119,940
Current Liabilities:
Accounts payable and accrued liabilities	18,587	24,567
Contract liabilities	19,280	24,960
Finance lease liabilities, current portion	1,115	631
Operating lease liabilities, current portion	915	1,098
Total Current Liabilities	39,897	51,256
Long-Term Liabilities:
Finance lease liabilities, net of current portion	2,933	1,470
Operating lease liabilities, net of current portion	1,288	1,681
Warranty liability	1,776	1,596
Total Long-Term Liabilities	5,997	4,747
Total Liabilities	45,894	56,003
Commitments and contingencies
Shareholders’ Equity:
Preferred stock Series B, $0.001 par value, 5,000,000 authorized shares; no shares issued and outstanding
Common stock, $0.001 par value; 100,000,000 authorized shares; 48,934,447 and 35,374,978 shares issued and outstanding, at September 30, 2023 and December 31, 2022, respectively	49	35
Additional paid-in capital	220,501	207,373
Accumulated deficit	(198,941)	(143,471)
Total Shareholders’ Equity	21,609	63,937
Total Liabilities and Shareholders’ Equity	$ 67,503	$ 119,940

About Sunworks Inc

Sunworks, Inc., through its subsidiaries, engages in the provision of photovoltaic and battery based power and storage systems for the commercial, agricultural, industrial, public works, and residential markets in the United States. It is also involved in the design, arrange financing, integrate, install, and manage systems ranging for residential homeowners, and commercial and public works projects. The company was formerly known as Solar3D, Inc. and changed its name to Sunworks, Inc. in March 2016. Sunworks, Inc. was incorporated in 2002 and is headquartered in Provo, Utah.

CEO	Mr. Gaylon Morris
WEBSITE	https://sunworksusa.com
INDUSTRY	Solar
EMPLOYEES	622

Sunworks Inc Frequently Asked Questions

What is the ticker symbol for Sunworks Inc? What does SUNW stand for in stocks?

SUNW is the stock ticker symbol of Sunworks Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Sunworks Inc (SUNW)?

As of Wed Apr 17 2024, market cap of Sunworks Inc is 1.7 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SUNW stock?

You can check SUNW's fair value in chart for subscribers.

What is the fair value of SUNW stock?

You can check SUNW's fair value in chart for subscribers. The fair value of Sunworks Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Sunworks Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SUNW so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Sunworks Inc a good stock to buy?

The fair value guage provides a quick view whether SUNW is over valued or under valued. Whether Sunworks Inc is cheap or expensive depends on the assumptions which impact Sunworks Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SUNW.

What is Sunworks Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 17 2024, SUNW's PE ratio (Price to Earnings) is -0.02 and Price to Sales (PS) ratio is 0.01. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SUNW PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Sunworks Inc's stock?

In the past 10 years, Sunworks Inc has provided -0.449 (multiply by 100 for percentage) rate of return.