Sun Pacific Holding Corp
sunpacificholding.comNo Longer Reporting
The company has not filed an annual or quarterly report since its Q3 FY2023 10-Q, filed Nov 20, 2023. Its latest SEC filing is a 15-12G/A from Jul 16, 2024.
10-Q for Q3 FY2023, filed Nov 20, 2023
The sections below describe the company as of the FY2022 annual report.
What Did They Do?
Sells advertising space on solar bus stops, trashcans and street kiosks, and offers solar panels and lighting solutions to government and business customers.
10-K for FY2022, filed Apr 18, 2023Utilizing management’s history in general contracting, coupled with our subject matter expertise and intellectual property (“IP”) knowledge…View ↗
Our green energy solutions can be customized to meet most enterprise and/or government mandated regulations and advanced system…View ↗
As of today, our principal source of revenues is derived from Street Smart Outdoor Corp. operations in the outdoor advertising business…View ↗
The Company recognizes revenue when or as it satisfies a performance obligation by transferring a promised good or service to a customer in…View ↗
How Did They Make Money?
Advertisers buy space on the company's outdoor displays and pay on the billing schedules set in their contracts; the company earns that advertising revenue while the ads run.
10-K for FY2022, filed Apr 18, 2023
$265.6K
-
10-K for FY2022, filed Apr 18, 2023
$265.6K ↗
Who Were Their Customers?
Its customers are mainly U.S.-based national advertisers. It also pursues government contracts and commercial and private projects through requests for proposals.
10-K for FY2022, filed Apr 18, 2023
10-K for FY2022, filed Apr 18, 2023
Did Revenues Turn Into Profits?
No. It lost $278.6K in FY2022.
10-K for FY2022, filed Apr 18, 2023
How Were They Changing?
- Net income
-
Sources
10-Q for Q3 FY2023, filed Nov 20, 2023
−$399.3KView ↗
- ▲ +189% (Loss)
- vs −$138K in Q3 FY2022
-
Jun 22, 2023
Enters exclusive U.S. distribution agreement for GEP solar panels
Sun Pacific Power Corp. became the exclusive distributor of GEP solar panels in the United States, up to 5 Megawatts total panel rating.
Sources
8-K, filed Jun 22, 2023
On June 13, 2023, Sun Pacific Holding Corp. (the “Company”), through its wholly owned subsidiary, Sun Pacific Power Corp., entered into a 2…View ↗
Shrank. Revenue fell 55% in 4 years, from $584.7K in FY2018 to $265.6K in FY2022, about 18% a year.
Expanded solar offerings
The latest report adds arrangements to distribute inverters and energy storage products, source solar panels under its own brand, market and install residential panels, and develop a solar assembly plant. The older report described a waste-to-energy facility and a Mexico solar-farm project.
10-K for FY2019, filed May 20, 2020 10-K for FY2022, filed Apr 18, 2023
Who Did They Compete With?
Competes with JC Decaux, Lamar, Clear Chanel, and Signal Outdoor
10-K for FY2022, filed Apr 18, 2023Our competitive market is made up of a variety of small to large company’s depending upon the area that we are competing within. In the…View ↗
Loading...
