Financial Snapshot

Revenue
$9.260M
TTM
Gross Margin
-6.44%
TTM
Net Earnings
-$33.42M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
43.88%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
-$4.637M
Q3 2024
Cash
Q3 2024
P/E
-0.1698
Nov 29, 2024 EST
Free Cash Flow
-$5.801M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue $7.563M $3.404M $98.45K $1.135M $1.137M $1.279M $3.816M
YoY Change 122.2% 3357.24% -0.11% -11.09% -66.5%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue $7.563M $3.404M $98.45K $1.135M $1.137M $1.279M $3.816M
Cost Of Revenue $6.181M $3.196M $88.75K $236.0K $556.2K $613.9K $857.4K $662.9K $2.190M
Gross Profit $1.382M $207.7K $9.700K -$65.26K $336.1K $521.6K $279.3K $615.6K $1.626M
Gross Profit Margin 18.27% 6.1% 9.85% 45.94% 24.57% 48.15% 42.62%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Selling, General & Admin $5.888M $4.579M $35.62K $108.6K $1.071M $832.3K $438.1K $457.9K $658.3K
YoY Change 28.6% 12755.05% -67.19% -89.86% 28.65% 89.99% -4.33% -30.44%
% of Gross Profit 426.17% 2204.8% 367.22% 318.57% 159.57% 156.84% 74.38% 40.48%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $250.6K $68.08K $419.4K $574.9K $632.8K $652.9K $2.087M
YoY Change 268.04% -27.04% -9.16% -3.08% -68.71%
% of Gross Profit 18.13% 32.78% 124.79% 110.21% 226.55% 106.06% 128.29%
Operating Expenses $7.598M $5.925M $36.64K $113.3K $1.490M $1.407M $1.071M $1.389M $3.524M
YoY Change 28.25% 16070.41% -67.66% -92.4% 5.9% 31.4% -22.87% -60.6%
Operating Profit -$6.217M -$5.717M -$26.94K -$178.5K -$1.154M -$885.6K -$791.6K -$772.9K -$1.898M
YoY Change 8.74% 21121.82% -84.91% -84.53% 30.32% 11.88% 2.42% -59.27%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Interest Expense $656.7K $198.8K -$15.00K -$905.0K -$439.3K -$871.3K -$1.113M -$1.260M
YoY Change 230.23% -1425.63% 106.0% -49.58% -21.7% -11.67%
% of Operating Profit
Other Income/Expense, Net -$6.572M -$1.446M -$15.00K
YoY Change 354.55% 9538.33%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Pretax Income -$12.79M -$7.163M -$90.25K -$184.4K -$4.155M -$886.3K -$1.386M -$1.783M -$6.026M
YoY Change 78.54% 7836.74% -51.05% -95.56% 368.76% -36.04% -22.27% -70.42%
Income Tax $0.00 $0.00 $4.920K $1.300K
% Of Pretax Income
Net Earnings -$12.79M -$7.163M -$90.25K -$184.4K -$4.155M -$886.3K -$1.386M -$1.788M -$6.027M
YoY Change 78.54% 7836.74% -51.05% -95.56% 368.76% -36.04% -22.48% -70.34%
Net Earnings / Revenue -169.09% -210.45% -91.67% -78.05% -121.9% -139.81% -157.95%
Basic Earnings Per Share -$0.20 $0.00
Diluted Earnings Per Share -$0.36 -$0.20 -$1.816K -$2.117K -$290.5K -$62.25K -$110.6K -$151.6K -$680.6K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Cash & Short-Term Investments $1.412M $96.31K $252.2K $74.38K $0.00 $26.16K $17.16K $20.25K $22.40K
YoY Change 1366.49% -61.81% 239.06% -100.0% 52.45% -15.26% -9.6%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $1.011M $396.0K $0.00 $0.00 $29.41K $132.2K $425.7K
YoY Change 155.28% -100.0% -77.75% -68.94%
Inventory $0.00 $950.00
Prepaid Expenses
Receivables $462.3K $684.2K $40.81K $1.250K $70.27K $75.05K $69.96K $73.84K $210.4K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $2.885M $1.176M $293.0K $75.62K $70.27K $101.2K $116.5K $226.3K $659.3K
YoY Change 145.26% 301.52% 287.46% 7.61% -30.57% -13.15% -48.5% -65.68%
Property, Plant & Equipment $172.4K $4.000K $0.00 $2.806M $3.308M $4.116M $5.276M
YoY Change 4208.75% -100.0% -15.18% -19.63% -21.99%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.300K $2.300K $2.300K $2.300K $27.30K
YoY Change 0.0% 0.0% 0.0% -91.58%
Total Long-Term Assets $1.675M $1.081M $1.164M $0.00 $2.310K $3.070M $3.646M $4.527M $5.785M
YoY Change 55.04% -7.18% -100.0% -99.92% -15.78% -19.47% -21.75%
Total Assets $4.561M $2.257M $1.457M $75.62K $72.58K $3.172M $3.762M $4.753M $6.444M
YoY Change
Accounts Payable $1.105M $1.070M $819.4K $413.2K $160.2K $1.034M $1.522M $2.431M $2.718M
YoY Change 3.27% 30.55% 98.3% 157.89% -84.5% -32.09% -37.39% -10.58%
Accrued Expenses $1.136M $1.286M $58.35K $960.00 $0.00 $1.711M $1.274M $2.172M $1.535M
YoY Change -11.65% 2103.77% 5978.13% -100.0% 34.32% -41.34% 41.52%
Deferred Revenue
YoY Change
Short-Term Debt $1.260M $1.544M $30.00K $0.00 $860.00 $0.00 $0.00 $0.00 $0.00
YoY Change -18.38% 5045.17% -100.0%
Long-Term Debt Due $1.420M $0.00 $7.951M $7.961M $7.773M $8.202M
YoY Change -100.0% -0.12% 2.42% -5.23%
Total Short-Term Liabilities $6.805M $4.718M $1.004M $623.2K $161.1K $10.70M $10.76M $12.38M $12.45M
YoY Change 44.23% 369.79% 61.15% 286.86% -98.49% -0.57% -13.08% -0.64%
Long-Term Debt $935.3K $344.6K $20.40K $0.00 $0.00 $0.00 $0.00 $0.00 $60.27K
YoY Change 171.42% 1589.22% -100.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $935.3K $344.6K $20.40K $0.00 $0.00 $0.00 $0.00 $0.00 $60.27K
YoY Change 171.42% 1589.22% -100.0%
Total Liabilities $7.740M $5.063M $1.025M $623.2K $161.1K $10.70M $10.76M $12.38M $12.52M
YoY Change 52.89% 394.07% 64.42% 286.86% -98.49% -0.57% -13.08% -1.11%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $5.6754 Million

About Correlate Energy Corp.

Correlate Energy Corp. is a vertically integrated biomedical research, development, and marketing firm, which develops, acquires, and partners to bring life-changing bioceutical solutions and pharmaceutical drugs to the global market. The company is headquartered in Boise, Idaho and currently employs 19 full-time employees. The company went IPO on 2001-04-04. The company provides property owners and real estate investment trusts access to a multitude of energy experts and solutions via a software-driven process, with end-to-end engineering, finance, project management, and fulfillment services for all facility energy improvements. The company is also involved in the development of microgrid infrastructure opportunities in areas that cannot be properly served by centralized electrical infrastructure. The company has developed processes and tools targeted at bulk real estate owners, educating them on the financial benefits of energy projects, allowing them to compare potential energy upgrade options, and facilitating the actual implementation of the retrofit measures. The company also provides custom solutions for energy contractors.

Industry: Services-Engineering Services Peers: TREES Corp (Colorado) Where Food Comes From, Inc. Mistras Group, Inc. Spire Global, Inc. PINEAPPLE, INC. RCM TECHNOLOGIES, INC.