iSun (ISUNQ) AI Stock Analysis

• Market Cap: $47.00
• Dividend Yield: N/A
• Average Volume (3M): 23.21K
• Price to Earnings (P/E): ―
• Beta (1Y): -926.74
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 275
• Sector: Technology
• Sector Strength: 88
• Industry: Solar
• EPS (TTM): -0.63
• Shares Outstanding: 47,384,670
• 10 Day Avg. Volume: 23,214
• 30 Day Avg. Volume: 23,214
• PEG Ratio: 0.01
• Price to Book (P/B): 0.64
• Price to Sales (P/S): 0.09
• P/FCF Ratio: -0.87
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 37 Underperform
• Price Target: ―

iSun's overall stock score reflects significant financial performance issues, including high leverage and negative cash flow, combined with a lack of profitability as indicated by its negative P/E ratio. The absence of technical analysis data and earnings call insights further contributes to a cautious outlook. The company's ability to improve its cash flow and profitability will be critical for future performance.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong demand for iSun's renewable energy solutions, enhancing its market position and potential for future expansion.

Integrated Solutions

Offering comprehensive services strengthens iSun's competitive edge, attracting diverse clients and ensuring recurring revenue through long-term maintenance contracts.

EV Charging Infrastructure

Participation in the EV charging market positions iSun to capitalize on the shift towards electric vehicles, providing a strategic growth avenue.

Negative Factors

High Leverage

Increased leverage can strain financial resources, limiting iSun's ability to invest in growth initiatives and adapt to market changes.

Negative Cash Flow

Negative cash flow impacts iSun's ability to fund operations and expansion, necessitating improved cash management for long-term viability.

Profitability Challenges

Ongoing profitability issues hinder iSun's financial health, requiring strategic adjustments to reduce costs and enhance margins.

iSun Business Overview & Revenue Model

Company Description

iSun, Inc., a solar energy services and infrastructure deployment company, provides design, development, engineering, procurement, installation, storage, and electric vehicle infrastructure services for residential, commercial, industrial, and utility customers in the United States. It provides operation, maintenance, and solar; electrical contracting; and data and communication services. The company was formerly known as The Peck Company Holdings, Inc. and changed its name to iSun, Inc. in January 2021. iSun, Inc. was founded in 1972 and is headquartered in Williston, Vermont. On June 3, 2024, iSun, Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.

How the Company Makes Money

iSun generates revenue primarily through the design, development, and installation of solar energy systems for a diverse clientele, including commercial, industrial, and residential customers. The company provides end-to-end solutions, encompassing project design, engineering, procurement, and construction services, which form a significant part of its revenue streams. Additionally, iSun offers long-term maintenance and monitoring services for solar installations, ensuring system efficiency and generating recurring revenue. Partnerships with utility companies and government entities often enhance project opportunities and financial stability. The company's involvement in EV charging infrastructure also contributes to its earnings, aligning with the growing demand for sustainable transportation solutions.

iSun Financial Statement Overview

Summary

iSun has shown revenue growth in the renewable energy sector but faces significant challenges in profitability and cash flow management. High leverage and decreasing equity are concerning, and the company must address these issues to ensure sustainable growth and financial stability.

Income Statement

iSun's revenue has grown significantly over the years, with a notable increase from 2020 to 2023. However, the company struggles with profitability, as indicated by negative EBIT and net income margins. The gross profit margin has improved slightly, but high operational costs are a concern.

Balance Sheet

The company's debt-to-equity ratio has increased, indicating higher leverage, which poses a financial risk. Stockholders' equity has decreased over time, reflecting a weakening financial position. The equity ratio shows a reliance on liabilities, which could impact long-term stability.

Cash Flow

Operating cash flow remains negative, demonstrating challenges in generating cash from operations. Free cash flow has also declined, indicating limited cash available for growth initiatives. The company needs to improve its cash flow management to support its expansion and operations.

Breakdown	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement
Total Revenue	95.68M	76.45M	45.31M	21.05M	28.22M
Gross Profit	17.92M	8.90M	6.39M	2.34M	4.17M
EBITDA	-13.97M	-45.45M	-6.66M	-579.00K	4.50M
Net Income	-19.42M	-53.78M	-6.24M	-980.00K	2.53M
Balance Sheet
Total Assets	66.70M	67.48M	103.73M	19.62M	15.67M
Cash, Cash Equivalents and Short-Term Investments	3.46M	5.46M	2.24M	699.15K	95.93K
Total Debt	16.49M	20.90M	16.31M	4.52M	5.92M
Total Liabilities	53.58M	48.19M	43.87M	11.74M	11.80M
Stockholders Equity	13.12M	19.29M	59.86M	7.88M	3.87M
Cash Flow
Free Cash Flow	-9.56M	-6.83M	-6.17M	427.69K	-2.17M
Operating Cash Flow	-8.94M	-6.32M	-5.20M	435.81K	-2.13M
Investing Cash Flow	-806.00K	1.16M	-36.68M	-65.35K	-4.28K
Financing Cash Flow	7.75M	8.38M	43.42M	232.76K	1.92M

iSun Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BOSC	72 Outperform	$28.45M	8.90	14.26%	―	19.50%	41.35%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
AIRG	51 Neutral	$49.16M	-7.04	-19.65%	―	-1.53%	55.08%
BEEM	40 Neutral	$39.86M	-1.47	-80.33%	―	-54.56%	-133.60%
UAVS	39 Underperform	$55.81M	-0.08	-110.92%	―	-6.34%	98.60%
VVPR	39 Underperform	$39.34M	-0.48	―	―	-51.35%	-103.78%
ISUNQ	37 Underperform	$47.00	―	-147.87%	―	―	―