Sunlight Financial Holdings Inc

Company Profile

Sunlight Financial Holdings Inc had its IPO on 2021-01-15 under the ticker symbol SUNL.

The company operates in the Financial Services sector and Credit Services industry. Sunlight Financial Holdings Inc has a staff strength of 190 employees.

Stock update

Shares of Sunlight Financial Holdings Inc opened at $1.69 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $1.68 - $1.9, and closed at $1.86.

This is a +6.9% increase from the previous day's closing price.

A total volume of 67,316 shares were traded at the close of the day’s session.

In the last one week, shares of Sunlight Financial Holdings Inc have slipped by -30.86%.

Sunlight Financial Holdings Inc's Key Ratios

Sunlight Financial Holdings Inc has a market cap of $9.49 million, indicating a price to book ratio of 0.4886 and a price to sales ratio of 1.8585.

In the last 12-months Sunlight Financial Holdings Inc’s revenue was $31.52 million with a gross profit of $94.31 million and an EBITDA of $-162188992. The EBITDA ratio measures Sunlight Financial Holdings Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Sunlight Financial Holdings Inc’s operating margin was -619.34% while its return on assets stood at -17.36% with a return of equity of -109.2%.

In Q2, Sunlight Financial Holdings Inc’s quarterly earnings growth was a negative -99.9% while revenue growth was a negative 27.5%.

Sunlight Financial Holdings Inc’s PE and PEG Ratio

Forward PE

21.0084

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-101.7 per share while it has a forward price to earnings multiple of 21.0084 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Sunlight Financial Holdings Inc’s profitability.

Sunlight Financial Holdings Inc stock is trading at a EV to sales ratio of 0.7728 and a EV to EBITDA ratio of -0.4475. Its price to sales ratio in the trailing 12-months stood at 1.8585.

Sunlight Financial Holdings Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$434.78 million

Total Liabilities

$42.17 million

Operating Cash Flow

$-8249000.00

Capital Expenditure

$559000

Dividend Payout Ratio

0%

Sunlight Financial Holdings Inc ended 2024 with $434.78 million in total assets and $0 in total liabilities. Its intangible assets were valued at $434.78 million while shareholder equity stood at $172.81 million.

Sunlight Financial Holdings Inc ended 2024 with $837000.00 in deferred long-term liabilities, $42.17 million in other current liabilities, 9000.00 in common stock, $-578942000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $80.15 million and cash and short-term investments were $80.15 million. The company’s total short-term debt was $52,267,000 while long-term debt stood at $52.27 million.

Sunlight Financial Holdings Inc’s total current assets stands at $95.86 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $3.16 million compared to accounts payable of $14.47 million and inventory worth $0.

In 2024, Sunlight Financial Holdings Inc's operating cash flow was $-8249000.00 while its capital expenditure stood at $559000.

Comparatively, Sunlight Financial Holdings Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$1.86

52-Week High

$65.4

52-Week Low

$1.61

Analyst Target Price

$7

Sunlight Financial Holdings Inc stock is currently trading at $1.86 per share. It touched a 52-week high of $65.4 and a 52-week low of $65.4. Analysts tracking the stock have a 12-month average target price of $7.

Its 50-day moving average was $5.82 and 200-day moving average was $14.78 The short ratio stood at 6.63 indicating a short percent outstanding of 0%.

Around 1900.1% of the company’s stock are held by insiders while 7586.9% are held by institutions.