# SUNATION ENERGY, INC. (SUNE) · Edgar & Edgarette company card

> Sunation Energy (SUNE) grew revenue 26.5% in FY2025 to $72 million, operating margin -2.3% against a 2.4% median for semiconductors & related devices, equity 50.5% of assets, and dividend per share up 1 year running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 22701 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/SUNE) · [JSON](https://www.pops4.com/boards/company/SUNE.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $72M |
| Revenue growth, 1 year | 26.5% |
| Revenue growth per year | 558.8% |
| Operating margin | -2.3% (prior year -21.7%) |
| Net margin | -15.1% |
| Operating cash flow | $954,978 |
| Capital spending | $48,594 |
| Free cash flow | $906,384 |
| Cash | $7M |
| Long-term debt | $7M |
| Total assets | $48M |
| Total equity | $24M |
| Equity ÷ assets | 50.5% |
| Return on equity | -44.7% |
| Dividend per share | $3.5 |
| Dividend years rising | 1 |

## Readings, computed from those figures

- Altman Z: -2.65 (distress zone)
- Piotroski F: 6 of 9 (solid)
- Beneish M: -3.65 (below the −1.78 line)
- Health Harbor boat: Weathered boat · two warning signs · operating loss: a margin of -2.3% in FY2025; revenue is hard to predict: its 80% range is ±76%
- Cash Compass: Fast, cash not yet · growing fast, but little cash arriving so far

## Edgarette's reading

Exposure: revenue $71.9M (FY2025), total debt $6.6M. Experience: revenue up 26.5% on the year, up 558.8% a year over 4 years; operating margin -2.3%, up from -21.7%. Soundness: equity 50.5% of assets, return on equity -44.7%, dividend per share up 1 year running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $33.5M and $241.1M next year (method v4.1: its own 3-year record of growth weighed at 40% against $50M–100M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $36.1M to $225.0M. A statistical range, not company guidance. Against peers (63 filers, $50M+ revenue, semiconductors & related devices): operating margin -2.3% against a 2.4% median; growth 26.5% against 15.5%.

Range logged 2026-09-25, receipt 1b1174a9929a1415, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

No warning filings in the window.

## Recent filings

- 8-K · filed 2026-10-15 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/22701/000121390026109850/0001213900-26-109850-index.htm)
- 8-K · filed 2026-09-08 · 1.01 Entry into a Material Definitive Agreement; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/22701/000121390026098107/0001213900-26-098107-index.htm)
- 8-K · filed 2026-09-08 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/22701/000121390026098099/0001213900-26-098099-index.htm)
- 8-K · filed 2026-08-12 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/22701/000121390026088491/0001213900-26-088491-index.htm)
- 10-Q · filed 2026-08-12 · [filing](https://www.sec.gov/Archives/edgar/data/22701/000002270126000010/0000022701-26-000010-index.htm)
- 8-K · filed 2026-06-08 · 1.01 Entry into a Material Definitive Agreement; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/22701/000121390026066011/0001213900-26-066011-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000022701.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=22701

## Cite

POPS4, Edgar & Edgarette: SUNATION ENERGY, INC. (SUNE) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/SUNE. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.