SunWorks Inc (SUNWQ)

[Sprech]

Solar3D 2014 financials vs. Solarcity 2010 financials, INTERESTING

Note: For Solar3D I am combining SUNworks and MD Energy

Solar3D (2014)
Revenue: $27-$30M
Operating Income (Loss): $1.5-$2M
Net Income (Loss): $25-27M

Solarcity (2010)
Revenue: $32.4M
Operating Income (Loss): ($39.3M)
Net Income (Loss): ($38.6M)

So our revenue is around same level as Solarcity 2010 but we actually have operating profits and they had operating losses exceeding their revenue.

Now let's look ahead and see what's possible for us:

Solarcity (2011)
Revenue: $59.6M
Operating Income (Loss): ($61.3M)
Net Income (Loss): $43.5

Solarcity (2012)
Revenue: $126.9M
Operating Income (Loss): ($91M)
Net Income (Loss): ($99.3 million)

Solarcity (2013)
Revenue: $163.8M
Operating Income (Loss): ($147.9M)
Net Income (Loss): ($55.8M)