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For the fiscal year ended 31 December 2021, Solaer Renewable Energies Ltd revenues increased 33% to NIS13.7M. Net loss totaled NIS25.7M vs. income of NIS17.9M. Revenues reflect Photovoltaic - Israel segment increase of 76% to NIS16.9M. Net loss reflects Acquisition Cost of Group Companies decrease from NIS50.1M (income) to NIS0K, Research & Development Expense increase from NIS0K to NIS5.6M (expense).
Period Ending: | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Mar 31, 2022 |
---|---|---|---|---|
Total Revenue | 9.47 | 7.71 | 5.87 | |
Gross Profit | 5.92 | 4.04 | 0.503 | |
Operating Income | -3.99 | -8.01 | -5.41 | |
Net Income | 5.91 | 3.37 | -13.15 |
Period Ending: | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Mar 31, 2022 |
---|---|---|---|---|
Total Assets | 1088.01 | 979.92 | 901.53 | |
Total Liabilities | 897.06 | 801.99 | 714.55 | |
Total Equity | 190.95 | 177.93 | 186.98 |
Period Ending: | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Mar 31, 2022 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | -8.18 | 4.03 | -27.34 | |
Cash From Investing Activities | -43.08 | -23.7 | -77.73 | |
Cash From Financing Activities | 17.39 | 6.74 | 121.33 | |
Net Change in Cash | -33.03 | -11.19 | 16.33 |
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