Stardust Solar Reports 20% Revenue Growth in Q1 2025 and Strengthens Gross Margin to 48%
Stardust Solar Energy (OTCQB: SUNXF), a North American renewable-energy installation and training services provider, reported strong Q1 2025 financial results. Revenue reached $1.00 million, up 20% year-over-year, while gross margin improved significantly to 48% from 27.4% in Q1 2024.
The company achieved record-high quarterly franchise fees and royalties of $0.33 million, representing a 2.5-fold growth compared to Q1 2024. Franchise territories expanded to 87, up from 83 at the end of 2024. Product gross profit increased 110% year-over-year to $0.10 million, with product gross margin reaching 18%.
The company reduced its loans and lease obligations by 44% to $0.43 million and maintained a strong balance sheet with $0.62 million in cash and working capital of $1.77 million. Management expects revenue growth acceleration throughout 2025, driven by franchise expansion and new training modules.
Stardust Solar Energy (OTCQB: SUNXF), fornitore nordamericano di servizi per l'installazione e la formazione nel settore delle energie rinnovabili, ha riportato risultati finanziari solidi nel primo trimestre del 2025. I ricavi hanno raggiunto 1,00 milione di dollari, in crescita del 20% rispetto all'anno precedente, mentre il margine lordo è migliorato significativamente, passando dal 27,4% del primo trimestre 2024 al 48%.
L'azienda ha registrato commissioni e royalties trimestrali record pari a 0,33 milioni di dollari, con una crescita di 2,5 volte rispetto al primo trimestre 2024. I territori in franchising sono aumentati a 87, rispetto agli 83 di fine 2024. Il profitto lordo dei prodotti è cresciuto del 110% su base annua, raggiungendo 0,10 milioni di dollari, con un margine lordo del 18%.
La società ha ridotto i prestiti e i debiti da leasing del 44%, portandoli a 0,43 milioni di dollari, mantenendo un bilancio solido con 0,62 milioni di dollari in contanti e un capitale circolante di 1,77 milioni di dollari. La direzione prevede un'accelerazione della crescita dei ricavi nel corso del 2025, trainata dall'espansione del franchising e dai nuovi moduli di formazione.
Stardust Solar Energy (OTCQB: SUNXF), proveedor norteamericano de servicios de instalación y capacitación en energías renovables, reportó sólidos resultados financieros en el primer trimestre de 2025. Los ingresos alcanzaron 1.00 millón de dólares, un aumento del 20% interanual, mientras que el margen bruto mejoró significativamente, pasando del 27.4% en el primer trimestre de 2024 a 48%.
La compañía logró comisiones y regalías trimestrales récord de 0.33 millones de dólares, representando un crecimiento de 2.5 veces en comparación con el primer trimestre de 2024. Los territorios de franquicia se expandieron a 87, desde 83 a finales de 2024. La ganancia bruta de productos aumentó un 110% interanual a 0.10 millones de dólares, con un margen bruto del 18%.
La empresa redujo sus préstamos y obligaciones de arrendamiento en un 44%, hasta 0.43 millones de dólares, y mantuvo un balance sólido con 0.62 millones de dólares en efectivo y un capital de trabajo de 1.77 millones de dólares. La gerencia espera una aceleración en el crecimiento de ingresos durante 2025, impulsada por la expansión de franquicias y nuevos módulos de capacitación.
Stardust Solar Energy (OTCQB: SUNXF)는 북미 지역의 재생 에너지 설치 및 교육 서비스 제공업체로서 2025년 1분기 강력한 재무 성과를 보고했습니다. 매출은 100만 달러에 달해 전년 동기 대비 20% 증가했으며, 총 이익률은 2024년 1분기의 27.4%에서 크게 향상되어 48%를 기록했습니다.
회사는 분기별 프랜차이즈 수수료 및 로열티에서 사상 최고치인 33만 달러를 달성했으며, 이는 2024년 1분기 대비 2.5배 성장한 수치입니다. 프랜차이즈 지역은 2024년 말 83개에서 87개로 확대되었습니다. 제품 총이익은 전년 대비 110% 증가한 10만 달러를 기록했으며, 제품 총이익률은 18%에 달했습니다.
회사는 대출 및 리스 의무를 44% 줄여 43만 달러로 낮췄으며, 62만 달러의 현금과 177만 달러의 운전자본을 유지하며 견고한 재무 상태를 유지하고 있습니다. 경영진은 프랜차이즈 확장과 새로운 교육 모듈에 힘입어 2025년 내내 매출 성장 가속화를 기대하고 있습니다.
Stardust Solar Energy (OTCQB : SUNXF), fournisseur nord-américain de services d'installation et de formation dans le secteur des énergies renouvelables, a annoncé de solides résultats financiers pour le premier trimestre 2025. Le chiffre d'affaires a atteint 1,00 million de dollars, en hausse de 20 % par rapport à l'année précédente, tandis que la marge brute s'est nettement améliorée, passant de 27,4 % au premier trimestre 2024 à 48 %.
L'entreprise a enregistré des redevances et frais de franchise trimestriels records de 0,33 million de dollars, soit une croissance multipliée par 2,5 par rapport au premier trimestre 2024. Les territoires de franchise se sont étendus à 87, contre 83 fin 2024. Le bénéfice brut des produits a augmenté de 110 % en glissement annuel, atteignant 0,10 million de dollars, avec une marge brute de 18 %.
La société a réduit ses prêts et obligations de location de 44 %, à 0,43 million de dollars, tout en maintenant un bilan solide avec 0,62 million de dollars en liquidités et un fonds de roulement de 1,77 million de dollars. La direction prévoit une accélération de la croissance du chiffre d'affaires en 2025, portée par l'expansion des franchises et de nouveaux modules de formation.
Stardust Solar Energy (OTCQB: SUNXF), ein nordamerikanischer Anbieter von Installations- und Schulungsdienstleistungen im Bereich erneuerbare Energien, meldete starke Finanzergebnisse für das erste Quartal 2025. Der Umsatz erreichte 1,00 Million US-Dollar, was einem Anstieg von 20 % gegenüber dem Vorjahr entspricht, während die Bruttomarge sich deutlich von 27,4 % im ersten Quartal 2024 auf 48 % verbesserte.
Das Unternehmen erzielte rekordverdächtige vierteljährliche Franchisegebühren und Lizenzzahlungen von 0,33 Millionen US-Dollar, was einem 2,5-fachen Wachstum im Vergleich zum ersten Quartal 2024 entspricht. Die Franchisegebiete wurden auf 87 ausgeweitet, gegenüber 83 Ende 2024. Der Bruttogewinn aus Produkten stieg im Jahresvergleich um 110 % auf 0,10 Millionen US-Dollar, mit einer Bruttomarge von 18 %.
Das Unternehmen reduzierte seine Darlehen und Leasingverpflichtungen um 44 % auf 0,43 Millionen US-Dollar und hält eine starke Bilanz mit 0,62 Millionen US-Dollar in bar und einem Working Capital von 1,77 Millionen US-Dollar. Das Management erwartet im Laufe des Jahres 2025 eine Beschleunigung des Umsatzwachstums, angetrieben durch die Expansion des Franchisegeschäfts und neue Schulungsmodule.
- Revenue growth of 20% year-over-year to $1.00 million
- Significant gross margin improvement to 48% from 27.4%
- Record franchise fees and royalties with 2.5x growth to $0.33 million
- Product gross profit increased 110% with margin improvement to 18%
- 44% reduction in loans and lease obligations to $0.43 million
- Franchise network expanded to 87 territories with plans to exceed 100 in 2025
- Net loss increased to $0.65 million from $0.39 million in Q1 2024
- Operating expenses of $1.14 million included $0.28 million in one-time costs
- 23% increase in salary expenses due to franchise network expansion
- Product sales declined year-over-year due to absence of large commercial order
Vancouver, British Columbia--(Newsfile Corp. - July 8, 2025) - Stardust Solar Energy Inc. (TSXV: SUN) (OTCQB: SUNXF) (FSE: 6330) a North American provider of renewable-energy installation and training services, today announced its interim financial results for the three months ended March 31, 2025 ("Q1 2025").
Q1 2025 Financial Highlights
(All figures in Canadian dollars)
- Revenue of
$1.00 million, an increase of20% over$0.83 million in Q1 2024. - Gross margin improved to
48% (Q1 2024:27.4% ). - Achieved record-high quarterly franchise fees and royalties of
$0.33 million , a 2.5-fold growth compared to Q1 2024. - Product gross profit rose
110% year-over-year to$0.10 million, lifting product gross margin to18% . - Net loss of
$0.65 million, or$0.01 per share (Q1 2024: net loss of$0.39 million or$0.02 per share). - Franchise territories grew to 87 as at March 31, 2025, up from 83 at December 31, 2024.
- Working capital improved by
$0.13 million during Q1 2025. - Loans and lease obligations declined
44% to$0.43 million, reducing future interest expense.
Management Commentary
"Q1 2025 delivered solid top-line growth alongside a meaningful improvement in gross margin, underscoring the strength of our franchise model," said Mark Tadros, Founder and Chief Executive Officer. "With 87 active territories and a growing sales backlog, we are confident in surpassing 100 territories later this year and continuing to enhance profitability."
Operational Review
During the quarter, Stardust Solar added 4 net new franchise territories, expanded its accredited training programs to include new advanced curriculums, and continued executing its U.S. expansion plan. Product sales were modestly lower year-over-year because Q1 2024 included a single large commercial order in Kentucky. Adjusting for that order, underlying product revenue was consistent with management's expectations.
Operating expenses of
Balance Sheet and Liquidity
For the three months ended March 31, 2025 vs Dec 31, 2024 the Company had decreased current liabilities by
Outlook
Trailing-twelve-month revenue at March 31, 2025 was
About Stardust Solar:
Stardust Solar is a North American franchisor of renewable energy installation services, specializing in solar panels (PV), energy storage systems, and electric vehicle supply equipment. The Company equips entrepreneurs with branded business management services, cutting-edge equipment, and comprehensive support, including marketing, sales, engineering, and project management. With franchises across Canada and the United States, Stardust Solar drives the adoption of clean energy solutions that boost economic development and create a more sustainable future.
Media and Investor Contacts:
Steve Rickaby
Communications and Investor Relations
Phone: 1-672-472-1345
Email: steve@stardustsolar.com
Website: www.stardustsolar.com
Disclaimer:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
The TSX Venture Exchange Inc. has neither approved nor disapproved the contents of this press release.
The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward-looking statements, including statements relating to the Company's business plans and expected future growth, expected franchise expansions, the outlook of future operations, revenue growth, new opportunities and the demand for the Company's products. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward-looking statements. Any number of factors could cause actual results to differ materially from these forward‐looking statements as well as future results. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statements will prove to be correct. Except as required by law, the Company disclaims any intention. It assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/258069
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