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Solar Alliance Energy Inc., together with its subsidiaries, provides energy solutions in Canada. The company operates through Solar EPC and Solar Generation segments. It primarily focuses on development, engineering, procurement, and construction of commercial and industrial solar projects, and residential solar installations. The company also offers commercial generator; utility/community solar; and builder sunbox systems, such as solar panels, optional battery storage, inverter, optimizers, and racking for a complete solar solution. The company was formerly known as Finavera Solar Energy, Inc. and changed its name to Solar Alliance Energy Inc. in January 2016. Solar Alliance Energy Inc. was founded in 2003 and is based in Toronto, Canada.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Public disclosures for Solar Alliance Energy Inc (SOLR.V) are limited, constraining a detailed view of its operations and project portfolio. The company identifies with the solar/renewable energy sector and long-term growth drivers for that industry—rising clean-energy demand and supportive policy—may benefit firms positioned to develop or operate solar assets.
Key risks include limited transparency and disclosure, small-cap liquidity and financing constraints, execution risk on projects and regulatory exposure that could materially affect outcomes.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Income before tax | -0.68M | -1.81M | -2.75M | -0.45M | -1.37M |
| Net income | -0.68M | -1.81M | -2.75M | -0.45M | -1.37M |
| Selling general administrative | 2.52M | 2.88M | 4.06M | 2.82M | 2.01M |
| Selling and marketing expenses | - | - | 0.19M | 0.28M | 0.03M |
| Gross profit | 1.57M | 1.07M | 0.45M | 0.66M | 0.91M |
| Reconciled depreciation | 0.02M | 0.04M | 0.03M | 0.03M | 0.05M |
| Ebit | - | - | -3.81M | -0.13M | -1.04M |
| Ebitda | - | - | -3.78M | -0.10M | -0.99M |
| Depreciation and amortization | - | - | 0.03M | 0.03M | 0.05M |
| Operating income | -1.10M | -1.97M | -3.83M | -2.53M | -1.07M |
| Other operating expenses | - | - | 8.66M | 6.13M | 4.67M |
| Interest expense | 0.04M | 0.01M | 0.05M | 0.05M | 0.15M |
| Interest income | - | - | 0.01M | 0.08M | 0.03M |
| Net interest income | -0.04M | -0.01M | -0.04M | 0.03M | -0.13M |
| Income tax expense | - | - | 0.07M | 2.30M | 0.26M |
| Total revenue | 5.45M | 7.47M | 4.83M | 3.67M | 3.50M |
| Total operating expenses | 6.54M | 9.44M | 4.29M | 3.13M | 2.09M |
| Cost of revenue | 3.87M | 6.40M | 4.37M | 3.00M | 2.59M |
| Total other income expense net | 0.45M | 0.16M | 1.13M | 1.98M | -0.07M |
| Net income from continuing ops | -0.68M | -1.81M | -2.75M | -0.45M | -1.37M |
| Net income applicable to common shares | - | - | - | - | -1.37M |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Total assets | 1.00M | 1.80M | 3.70M | 3.06M | 0.58M |
| Intangible assets | - | - | - | 0.07M | - |
| Total liab | 3.78M | 4.11M | 5.14M | 2.15M | 6.33M |
| Total stockholder equity | -2.79M | -2.30M | -1.44M | 0.90M | -5.75M |
| Other current liab | 0.09M | 0.09M | 0.09M | 0.03M | 0.94M |
| Common stock | - | - | - | - | 43.76M |
| Capital stock | 49.23M | 48.58M | 48.58M | 48.58M | 43.76M |
| Retained earnings | -69.55M | -68.87M | -67.06M | -64.31M | -63.86M |
| Other liab | - | - | - | - | 0.33M |
| Other assets | - | - | - | - | 0.03M |
| Cash | 0.01M | 0.70M | 0.65M | 2.17M | 0.00M |
| Total current liabilities | 3.66M | 3.99M | 4.79M | 1.99M | 6.00M |
| Net debt | 0.22M | - | 0.91M | - | 0.90M |
| Short long term debt | 0.23M | 0.14M | 1.56M | - | 0.90M |
| Other stockholder equity | - | - | - | - | 14.35M |
| Property plant equipment | - | - | - | - | 0.01M |
| Total current assets | 0.87M | 1.68M | 1.69M | 2.83M | 0.54M |
| Net tangible assets | - | - | - | - | -5.75M |
| Net receivables | 0.63M | 0.73M | 0.34M | 0.60M | 0.38M |
| Inventory | 0.00M | 0.10M | 0.17M | 0.06M | 0.15M |
| Accounts payable | 3.24M | 3.60M | 2.68M | 1.91M | 3.48M |
| Non current assets total | 0.13M | 0.12M | 2.01M | 0.22M | 0.04M |
| Capital lease obligations | - | - | - | 0.00M | 0.01M |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Investments | -0.02M | 0.08M | -0.69M | -0.18M | 0.00M |
| Change to liabilities | - | - | - | - | -0.26M |
| Net borrowings | 0.10M | - | - | - | 0.24M |
| Total cash from financing activities | 0.84M | -0.13M | 0.65M | 5.98M | 0.34M |
| Change to operating activities | - | - | - | - | -0.00M |
| Net income | -0.68M | -1.81M | -2.75M | -0.45M | -1.37M |
| Change in cash | -0.69M | 0.05M | -1.52M | 2.17M | -0.04M |
| Begin period cash flow | 0.70M | 0.65M | 2.17M | 0.00M | 0.05M |
| End period cash flow | 0.01M | 0.70M | 0.65M | 2.17M | 0.00M |
| Total cash from operating activities | -1.83M | 0.10M | -1.48M | -3.64M | -0.38M |
| Issuance of capital stock | 0.74M | - | 0.00M | 5.75M | 5.75M |
| Depreciation | 0.02M | 0.04M | 0.03M | 0.03M | 0.05M |
| Change to inventory | 0.11M | -0.03M | -0.15M | 0.09M | 0.27M |
| Change to account receivables | 0.09M | -0.39M | 0.37M | -0.54M | 0.42M |
| Other cashflows from financing activities | - | - | 1.00M | 0.96M | 0.29M |
| Change to netincome | - | - | - | - | 0.51M |
| Capital expenditures | 0.02M | 0.01M | 0.69M | 0.18M | 0.00M |
| Change in working capital | -0.89M | 2.17M | 1.78M | -1.39M | 0.43M |
| Stock based compensation | 0.00M | 0.29M | 0.65M | 0.10M | 0.16M |
| Other non cash items | -0.04M | -0.95M | -0.73M | -2.07M | -0.03M |
| Free cash flow | -1.85M | 0.09M | -2.17M | -3.81M | -0.38M |
Sector: Technology Industry: Solar
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| SOLR Solar Alliance Energy Inc |
- -% |
0.01 | - | - | 0.99 | 93.97 | 1.07 | -84.44 |
| CBLU Clear Blue Technologies International Inc |
0.01 11.11% |
0.05 | - | - | 1.06 | 87.86 | 2.83 | -3.92 |
| ACU Aurora Solar Technologies Inc |
- -% |
0.01 | - | - | 0.80 | 2.38 | 0.88 | -9.72 |
Solar Alliance Energy Inc., together with its subsidiaries, provides energy solutions in Canada. The company operates through Solar EPC and Solar Generation segments. It primarily focuses on development, engineering, procurement, and construction of commercial and industrial solar projects, and residential solar installations. The company also offers commercial generator; utility/community solar; and builder sunbox systems, such as solar panels, optional battery storage, inverter, optimizers, and racking for a complete solar solution. The company was formerly known as Finavera Solar Energy, Inc. and changed its name to Solar Alliance Energy Inc. in January 2016. Solar Alliance Energy Inc. was founded in 2003 and is based in Toronto, Canada.
| Name | Title | Year Born |
|---|---|---|
| Mr. Michael Clark | Pres, CEO & Director | 1972 |
| Mr. Rob A. Roberti CA, CFA | Chief Financial Officer | NA |
| Ms. Jo Sidell | Sr. VP of Asset Management | NA |
| Mr. Ken Kukes | Sr. VP of International Bus. Devel. - Ocean Energy | NA |
| Ms. Rashida Usman | Sec. of the Board | NA |
| Ms. Monique Hutchins | Company Sec. | NA |
| Mr. Brian Patrick Timmons | President, CEO & Chairman | 1953 |
| Ms. Yuen-Ling Wu | Chief Financial Officer | NA |
| Ms. Monique Hutchins | Company Secretary | 1970 |
| Mr. Jawad Chugtai | Chief Financial Officer | NA |
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