SunWorks Inc (SUNWQ)

[swiamca]

Jan 13, 2018. Quite an important date for solar. Especially sunw. They cant make a profit (or sell) altogether without tariffs imagine the disaster with more expensive panels.

Chuck seems more interested in increasing backlog, not revenue.

Shareholder equity decreasing.

Residential is practically dead.

VSLR - Increase of +50% YoY in revenue. Profitable. Sharholder equity increase. Cash increase.

RUN - Increase 40% YoY revenue. Profitable. Shareholder euity increase. Cash increase.

SUNW- Decrease of 15% YoY revenue. Shareholder equity decrease 20%. Cash decrease. Not profitable.

THE ENTIRE INDUSTRY IS GROWING AND SUNW IS SHRINKING?!

Perhaps the leasing companies are using the 30% ITC credit to outbid the sales guys?