Stardust Solar Energy Inc Stock Price, News & Analysis

Stardust Solar (OTCQB:SUNXF / TSXV:SUN) reported a record Q3 2025 with $1.78M revenue (+99% YoY) and its first EBITDA-positive quarter at $16,293. Gross margin widened to 44% (vs. 31% in Q3 2024) and year-to-date margin is 44% (vs. 29% YTD 2024). The company signed $2.55M of contracts in Q3 (+206% YoY), lifting backlog to $4.4M. Q3 net loss narrowed to $25,018 and operating cash flow turned positive at $131K. Cash and cash equivalents were $340K at quarter-end. Nine-month revenue was $3.99M (+40% YoY) and TTM revenue ≈ $4.8M (+32% YoY).

Stardust Solar (OTCQB:SUNXF) announced its first African national franchise in Zambia, awarded to Megatricity Energy Inc. and effective September 29, 2025. The agreement grants Stardust royalties on all business in Zambia and assigns the company oversight of product distribution and importation.

Stardust will provide training, engineering, marketing, and operational support to the franchise partner to deploy solar PV, energy storage, and EV charging solutions. The move follows rapid North American growth and positions Zambia as a launchpad for broader continental expansion.

Stardust Solar Energy (OTCQB: SUNXF) reported results of its Annual and Special Meeting held September 18, 2025. All resolutions in the August 17, 2025 Information Circular were approved.

Key actions approved include election of Mark Tadros, Vitaly Melnikov, Eamonn McHugh, Ohad David, and Paul Baluch as directors; appointment of Davidson & Company as auditor; ratification of the Amended Omnibus Plan (effective September 24, 2025); and an increase in maximum share unit awards to 8,880,014 common shares. Shareholders also ratified By-Law No. 1 effective July 30, 2025, which introduces advance notice provisions for director nominations. By-Law No. 1 is available on SEDAR+.

Stardust Solar (OTCQB:SUNXF) appointed Erica Bearss as Vice President of Corporate Communications effective October 15, 2025.

Bearss brings 17 years of experience in strategic marketing, investor relations, and corporate communications, plus a record of supporting multi-million-dollar capital raises and six years on the Environmental Sustainability Committee for the Burnaby Board of Trade. The company says her role will focus on expanding investor engagement, increasing market visibility, and reinforcing transparency to support Stardust's North American expansion and global initiatives.

Stardust Solar (OTCQB: SUNXF) reached 100 franchises globally after adding Durham, Ontario; Kitchener, Ontario; and New London, Connecticut in September 2025. The additions expand Greater Toronto Area and New England coverage and add local electrical leadership in Durham to boost crew capacity and service responsiveness.

The company reported roughly $1.0 million in new signed customer contracts during August, bringing total signed contract backlog to about $3.5 million as of September 1, 2025. Stardust said it maintains year-round signing, training, and installation, with peak field activity in Q2–Q3, and emphasizes standardized playbooks plus centralized engineering, permitting, and procurement support.

Stardust Solar Energy (OTCQB: SUNXF) reports favorable market conditions supported by significant clean energy developments in Canada. The Canadian Renewable Energy Association projects over $200 billion in clean power investments by 2035, with wind and solar expected to dominate new generating capacity.

The company highlights the relaunch of the Canada Greener Homes Affordability Program (CGHAP), featuring a direct-install model eliminating upfront costs for low and median-income households. The first implementation in Manitoba includes $29.8 million in federal funding with matching provincial contribution for energy efficiency retrofits.

As a licensed provider of solar PV installations and renewable energy training, Stardust Solar is positioned to leverage these developments through its franchise network and certified professionals.

Stardust Solar Energy (OTCQB: SUNXF) reported securing $1 million in new signed customer contracts during August 2025, bringing its total contract backlog to $3.5 million as of September 1, 2025. The company operates across 97 territories in North America, offering rooftop solar and battery energy storage solutions.

The new contracts include a mix of residential, commercial, and storage projects scheduled for completion in H2 2025. The company's business model focuses on training-driven operations and standardized project execution, with rising storage attachment rates increasing average project values.

Stardust Solar (OTC:SUNXF) has achieved a significant milestone with its Photovoltaic Installation Professional (PVIP) course receiving NABCEP accreditation. The course fulfills 40 hours of advanced training required for the PVIP exam eligibility.

This marks Stardust's third NABCEP-approved training program, alongside their PV Technical Sales Certification and Master Class programs. The company continues to strengthen its position as a leading solar industry training organization in North America, supporting its franchise network with professional development opportunities.

Stardust Solar Energy (OTCQB: SUNXF) has launched its first commercial-focused solar franchise in Temiskaming, Ontario, marking a strategic expansion in its business model. The new franchise has already secured a significant contract with Ultramar Gas Station, representing the largest initial project ever signed by a Stardust franchisee.

The project features a 47kW system with over $40,000 in rebates and is expected to generate nearly half a million dollars in ROI over its warranty period, with a payback period of less than five years. The company has shown strong growth with 96 franchise territories across North America and a 68% year-over-year increase in Q2 solar project backlog compared to 2024.