Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Stardust Solar Energy Inc. ( (TSE:SUN) ) has shared an update.
Stardust Solar Energy Inc. reported strong financial results for Q2 2025, with a 13% increase in revenue to $2.21 million and an 84% rise in gross profit to $1 million. The company also expanded its project backlog by 69%, reflecting increased activity across its franchise network. Despite higher operating expenses due to investments in marketing and franchise development, Stardust Solar reduced its liabilities and operating loss, positioning itself as a fast-growing renewable energy franchisor in North America. The company aims to surpass 100 territories by the end of 2025, leveraging exclusive product partnerships and certified training programs to drive growth and shareholder value.
More about Stardust Solar Energy Inc.
Stardust Solar Energy Inc. is a North American franchisor specializing in renewable energy installation services, including solar panels, energy storage systems, and electric vehicle supply equipment. The company supports entrepreneurs with business management services, equipment, and comprehensive support, driving the adoption of clean energy solutions across Canada and the United States.
Average Trading Volume: 83,731
Technical Sentiment Signal: Sell
Current Market Cap: C$3.83M
For an in-depth examination of SUN stock, go to TipRanks’ Overview page.