Sun Pacific Hold Financials
This page shows Sun Pacific Hold (SNPW) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Tiny revenue carries very high gross margins, but the business still depends on working-capital release and liabilities.
From FY2021 to FY2022, operating cash burn improved from-$523K to-$18K , even though reported earnings deteriorated. Receivables fell from$116K to$6K , so the cash improvement looks like a working-capital release rather than evidence the core business became self-funding.
The striking part of FY2022 is not demand weakness alone; gross margin was
The balance sheet is thin on assets and heavy on obligations: FY2022 ended with
Financial Health Signals
Based on FY2022 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Sun Pacific Hold's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Sun Pacific Hold has an operating margin of -108.3%, meaning the company retains $-108 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -24.0% the prior year.
Sun Pacific Hold's revenue declined 29.7% year-over-year, from $378K to $266K. This contraction results in a growth score of 26/100.
Sun Pacific Hold's current ratio of 0.05 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Sun Pacific Hold passes 4 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Sun Pacific Hold generates $0.06 in operating cash flow (-$18K OCF vs -$279K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Sun Pacific Hold earns $-4.7 in operating income for every $1 of interest expense (-$288K vs $62K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Sun Pacific Hold generated $266K in revenue in fiscal year 2022. This represents a decrease of 29.7% from the prior year.
Sun Pacific Hold's EBITDA was -$273K in fiscal year 2022, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 288.3% from the prior year.
Sun Pacific Hold reported -$279K in net income in fiscal year 2022. This represents a decrease of 117.5% from the prior year.
Cash & Balance Sheet
Sun Pacific Hold held $147K in cash against $0 in long-term debt as of fiscal year 2022.
Sun Pacific Hold had 975M shares outstanding in fiscal year 2022. This represents an increase of 0.0% from the prior year.
Margins & Returns
Sun Pacific Hold's gross margin was 93.7% in fiscal year 2022, indicating the percentage of revenue retained after direct costs. This is up 0.9 percentage points from the prior year.
Sun Pacific Hold's operating margin was -108.3% in fiscal year 2022, reflecting core business profitability. This is down 84.3 percentage points from the prior year.
Sun Pacific Hold's net profit margin was -104.9% in fiscal year 2022, showing the share of revenue converted to profit. This is down 525.5 percentage points from the prior year.
Capital Allocation
SNPW Income Statement
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | $23K+1.5% | $23K+68.9% | $13K-54.9% | $30K-75.9% | $124K+25.7% | $98K-39.1% | $162K |
| Cost of Revenue | N/A | $4K+16.9% | $3K-28.6% | $4K+1.6% | $4K-14.5% | $5K+61.0% | $3K-62.5% | $8K |
| Gross Profit | N/A | $19K-0.9% | $20K+115.1% | $9K-64.3% | $26K-78.4% | $119K+24.6% | $95K-37.8% | $153K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $38K-75.6% | $155K+212.4% | $50K-59.4% | $123K+480.6% | $21K-69.2% | $69K-9.8% | $76K-14.1% | $89K |
| Operating Income | N/A | -$163K-79.1% | -$91K+49.0% | -$178K-222.2% | -$55K-117.0% | -$26K+10.1% | -$28K-32.1% | -$21K |
| Interest Expense | $10K-2.2% | $11K-30.9% | $16K+0.5% | $15K-15.3% | $18K+18.1% | $15K+22.1% | $13K-18.1% | $15K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | N/A | $101K+194.9% | -$106K+25.4% | -$143K-3.5% | -$138K-419.5% | $43K+205.3% | -$41K | N/A |
| EPS (Diluted) | $0.00 | $0.00 | N/A | N/A | $0.00 | $0.00 | N/A | N/A |
SNPW Balance Sheet
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $45K-54.3% | $98K-29.8% | $139K-21.4% | $177K-41.5% | $303K-23.7% | $398K+40.3% | $284K-1.1% | $287K |
| Current Assets | $22K-70.9% | $75K-35.0% | $115K-24.8% | $153K-45.1% | $279K-8.2% | $305K+62.9% | $187K+0.9% | $185K |
| Cash & Equivalents | $20K-70.7% | $69K-37.5% | $110K-25.0% | $147K-45.9% | $272K+13.7% | $239K+140.0% | $100K+44.4% | $69K |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $2K-72.7% | $6K+19.8% | $5K-20.0% | $6K-16.0% | $8K-88.5% | $65K-25.1% | $87K-24.9% | $116K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $3.5M+10.8% | $3.2M-4.3% | $3.3M+2.1% | $3.3M-1.5% | $3.3M+3.4% | $3.2M+0.2% | $3.2M+1.2% | $3.2M |
| Current Liabilities | $3.5M+10.8% | $3.2M-4.3% | $3.3M+2.1% | $3.3M+1.6% | $3.2M+1.4% | $3.2M+0.2% | $3.2M+3.4% | $3.1M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$3.5M-12.9% | -$3.1M+3.2% | -$3.2M-3.4% | -$3.1M-2.6% | -$3.0M-4.8% | -$2.9M+1.5% | -$2.9M-1.4% | -$2.9M |
| Retained Earnings | -$8.4M-5.0% | -$8.0M+1.2% | -$8.1M-1.3% | -$8.0M-1.8% | -$7.9M-1.8% | -$7.8M+1.4% | -$7.9M-1.4% | -$7.8M |
SNPW Cash Flow Statement
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | N/A | -$144K-292.2% | -$37K+73.1% | -$137K-516.4% | $33K-40.7% | $55K+80.7% | $31K+276.3% | $8K |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | $12K | $0 | N/A | N/A | N/A |
| Financing Cash Flow | $210K | N/A | N/A | N/A | N/A | N/A | N/A | $0 |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
SNPW Financial Ratios
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | 84.4%-2.1pp | 86.4%+18.5pp | 67.9%-17.9pp | 85.8%-10.2pp | 96.0%-0.9pp | 96.9%+2.0pp | 94.9% |
| Operating Margin | N/A | -705.8%-305.6pp | -400.1%+925.2pp | -1325.4%-1140.0pp | -185.4%-164.8pp | -20.6%+8.2pp | -28.8%-15.5pp | -13.3% |
| Net Margin | N/A | 438.0%+906.4pp | -468.4%+592.5pp | -1060.9%-598.9pp | -462.0%-496.9pp | 34.9%+76.6pp | -41.7% | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | 103.3%+179.7pp | -76.4%+4.1pp | -80.5%-35.0pp | -45.5%-56.3pp | 10.8%+25.3pp | -14.5% | N/A |
| Current Ratio | 0.01-0.0 | 0.02-0.0 | 0.03-0.0 | 0.05-0.0 | 0.090.0 | 0.10+0.0 | 0.060.0 | 0.06 |
| Debt-to-Equity | -1.01+0.0 | -1.03+0.0 | -1.04+0.0 | -1.06+0.0 | -1.10+0.0 | -1.12-0.0 | -1.100.0 | -1.10 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$3.1M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.05), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Frequently Asked Questions
What is Sun Pacific Hold's annual revenue?
Sun Pacific Hold (SNPW) reported $266K in total revenue for fiscal year 2022. This represents a -29.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Sun Pacific Hold's revenue growing?
Sun Pacific Hold (SNPW) revenue declined by 29.7% year-over-year, from $378K to $266K in fiscal year 2022.
Is Sun Pacific Hold profitable?
No, Sun Pacific Hold (SNPW) reported a net income of -$279K in fiscal year 2022, with a net profit margin of -104.9%.
What is Sun Pacific Hold's EBITDA?
Sun Pacific Hold (SNPW) had EBITDA of -$273K in fiscal year 2022, measuring earnings before interest, taxes, depreciation, and amortization.
What is Sun Pacific Hold's gross margin?
Sun Pacific Hold (SNPW) had a gross margin of 93.7% in fiscal year 2022, indicating the percentage of revenue retained after direct costs of goods sold.
What is Sun Pacific Hold's operating margin?
Sun Pacific Hold (SNPW) had an operating margin of -108.3% in fiscal year 2022, reflecting the profitability of core business operations before interest and taxes.
What is Sun Pacific Hold's net profit margin?
Sun Pacific Hold (SNPW) had a net profit margin of -104.9% in fiscal year 2022, representing the share of revenue converted into profit after all expenses.
What is Sun Pacific Hold's operating cash flow?
Sun Pacific Hold (SNPW) generated -$18K in operating cash flow during fiscal year 2022, representing cash generated from core business activities.
What are Sun Pacific Hold's total assets?
Sun Pacific Hold (SNPW) had $177K in total assets as of fiscal year 2022, including both current and long-term assets.
What is Sun Pacific Hold's current ratio?
Sun Pacific Hold (SNPW) had a current ratio of 0.05 as of fiscal year 2022, which is below 1.0, which may suggest potential liquidity concerns.
What is Sun Pacific Hold's debt-to-equity ratio?
Sun Pacific Hold (SNPW) had a debt-to-equity ratio of -1.06 as of fiscal year 2022, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Sun Pacific Hold's return on assets (ROA)?
Sun Pacific Hold (SNPW) had a return on assets of -157.1% for fiscal year 2022, measuring how efficiently the company uses its assets to generate profit.
What is Sun Pacific Hold's cash runway?
Based on fiscal year 2022 data, Sun Pacific Hold (SNPW) had $147K in cash against an annual operating cash burn of $18K. This gives an estimated cash runway of approximately 98 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is Sun Pacific Hold's debt-to-equity ratio negative or unusual?
Sun Pacific Hold (SNPW) has negative shareholder equity of -$3.1M as of fiscal year 2022, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Sun Pacific Hold's Piotroski F-Score?
Sun Pacific Hold (SNPW) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Sun Pacific Hold's earnings high quality?
Sun Pacific Hold (SNPW) has an earnings quality ratio of 0.06x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Sun Pacific Hold cover its interest payments?
Sun Pacific Hold (SNPW) has an interest coverage ratio of -4.7x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Sun Pacific Hold?
Sun Pacific Hold (SNPW) scores 4 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.