Solarbank Corp. (TSE:SUNN) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
SolarBank Corp. reported impressive first-quarter results with a 108% revenue increase to $16 million and a significant 361% growth in assets to $181 million, driven by the acquisition of Solar Flow-Through Funds Ltd. However, the company’s net income declined due to higher expenses related to the acquisition.
For further insights into TSE:SUNN stock, check out TipRanks’ Stock Analysis page.
