Skycorp Solar Group Limited (PN) Income Statement
PN FY2025 at a glance
Fiscal year ended September 30, 2025 · U.S. dollarsPN revenue and net income
Where PN's revenue goes
FY2025Each bar shows an amount and its share of revenue. PN kept −4.3% of revenue as net income.
PN profit margins
PN growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +27.0% | +2.3% | — | — |
| Gross profit | −3.6% | −11.2% | — | — |
| Operating income | −327.3% | — | — | — |
| Net income | −672.4% | — | — | — |
| EPS (diluted) | −6,500.0% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
PN quarterly EPS vs estimates
Skycorp Solar beat the analyst EPS estimate in 1 of the last 2 quarters.
PN income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $63.3M | $49.9M | $50.8M | $59.1M | $40.3M |
| Cost of revenue | $57.0M | $43.3M | $42.2M | $50.1M | $32.6M |
| Gross profit | $6.3M | $6.5M | $8.6M | $9.0M | $7.8M |
| Research & development | $1.7M | $1.9M | $607,484 | $318,308 | $11,378 |
| Sales, general & admin | $7.2M | $3.5M | $5.3M | $5.5M | $4.6M |
| Total operating expenses | $8.8M | $5.4M | $5.9M | $5.8M | $4.6M |
| Operating income | −$2.5M | $1.1M | $2.7M | $3.2M | $3.1M |
| Interest income | $60,955 | $50,966 | $37,477 | $21,301 | $17,339 |
| Interest expense | $207,848 | $202,693 | $88,728 | $54,549 | $19,632 |
| Income before taxes | −$2.2M | $1.3M | $2.6M | $3.2M | $3.1M |
| Income taxes | $36,087 | $109,799 | $752,072 | $1.1M | $808,171 |
| Net income | −$2.7M | $470,987 | $1.1M | $1.6M | $2.1M |
| EBITDA | −$1.2M | $2.0M | $3.1M | $3.4M | $3.2M |
| EPS (diluted) | −$1.28 | $0.02 | $0.04 | — | — |
| Gross margin | 10.0% | 13.1% | 17.0% | 15.2% | 19.2% |
| Operating margin | −4.0% | 2.2% | 5.3% | 5.4% | 7.8% |
| Net margin | −4.3% | 0.9% | 2.2% | 2.7% | 5.2% |
| Jun '26 | Dec '25 | Jun '25 | Mar '25 | |
|---|---|---|---|---|
| Revenue | $3.6M | $12.7M | $19.6M | $12.1M |
| Cost of revenue | $3.2M | $11.3M | $18.3M | $10.2M |
| Gross profit | $422,015 | $1.5M | $1.3M | $1.9M |
| Research & development | $160,850 | $563,674 | $652,399 | $188,000 |
| Sales, general & admin | — | $4.5M | $2.2M | $1.4M |
| Total operating expenses | $1.4M | $5.0M | $2.8M | $1.6M |
| Operating income | −$1.0M | −$3.5M | −$1.5M | $252,160 |
| Interest expense | $11,421 | $14,536 | — | $16,181 |
| Income before taxes | −$1.0M | −$3.6M | −$1.4M | $286,977 |
| Income taxes | −$7,544 | −$26,439 | $72,950 | $90,994 |
| Net income | −$1.1M | −$3.7M | −$1.3M | −$32,879 |
| EBITDA | −$947,205 | −$3.3M | −$1.4M | $343,388 |
| EPS (diluted) | — | −$0.10 | $0.00 | — |
| Gross margin | 11.6% | 11.6% | 6.6% | 15.3% |
| Operating margin | −27.8% | −27.8% | −7.8% | 2.1% |
| Net margin | −29.1% | −29.1% | −6.7% | −0.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in PN's financial statements (latest annual report filed February 12, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
PN financial results
In fiscal year 2025 (ended September 30, 2025), Skycorp Solar reported revenue of $63.3 million, up 27.0% from the year before. It had a net loss of $2.7 million, a net profit margin of −4.3%. Diluted earnings per share came to −$1.28.
See the PN stock overview for the latest quote and news, or the PN chart for price history and technical indicators.
PN income statement FAQ
What is Skycorp Solar's annual revenue?
Skycorp Solar reported total revenue of $63.3 million for fiscal year 2025, which ended on September 30, 2025. That was up 27.0% from $49.9 million the previous year.
Is Skycorp Solar profitable?
No. Skycorp Solar reported a net loss of $2.7 million in fiscal 2025, a net profit margin of −4.3%; its operating margin was −4.0%.
What is Skycorp Solar's gross margin?
Skycorp Solar's gross margin was 10.0% in fiscal 2025: for every $100 of revenue, Skycorp Solar kept $10 after the direct cost of its products and services.
How much does Skycorp Solar spend on research and development?
Skycorp Solar spent $1.7 million on research and development in fiscal 2025, 2.7% of revenue.
What are Skycorp Solar's earnings per share?
Skycorp Solar earned $-1.28 per diluted share in fiscal 2025, compared with $0.02 a year earlier.
When does Skycorp Solar's fiscal year end?
Skycorp Solar's fiscal year ends in September. The latest annual report covers the year ended September 30, 2025 and was filed on February 12, 2026.