SolarBank Corp is an independent renewable and clean energy project developer, power producer, and asset operator in Canada and the United States, with the majority of its revenue coming from the United States. The Company operates through two reportable segments: Development and EPC, which involves the development and construction of solar photovoltaic power projects, and IPP Production, which includes the operation of solar power and battery energy storage systems. Corporate and other activities cover operation, maintenance, and repairs. The majority of revenue is generated from the Development and EPC segment.
2013
15
LTM Revenue $39.4M
LTM EBITDA $0.4M
$107M
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As of October 2025, PowerBank reported last 12-month revenue of $39.4M and EBITDA of $0.4M.
In the same period, PowerBank generated $9.1M in LTM gross profit and -$15.2M in net income.
See PowerBank valuation multiples based on analyst estimatesIn the most recent fiscal year, PowerBank reported revenue of $41.5M and EBITDA of -$27.0M.
PowerBank expects next 12-month revenue of XXX   and NTM EBITDA of XXX
See PowerBank valuation multiples based on analyst estimates| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue | $39.4M | XXX | $41.5M | XXX | XXX | XXX |
| Gross Profit | $9.1M | XXX | $10.5M | XXX | XXX | XXX |
| Gross Margin | 23% | XXX | 25% | XXX | XXX | XXX |
| EBITDA | $0.4M | XXX | -$27.0M | XXX | XXX | XXX |
| EBITDA Margin | 1% | XXX | -65% | XXX | XXX | XXX |
| EBIT | -$8.6M | XXX | -$8.7M | XXX | XXX | XXX |
| EBIT Margin | -22% | XXX | -21% | XXX | XXX | XXX |
| Net Profit | -$15.2M | XXX | -$31.0M | XXX | XXX | XXX |
| Net Margin | -39% | XXX | -75% | XXX | XXX | XXX |
| Net Debt | XXX | XXX | $60.1M | XXX | XXX | XXX |
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PowerBank has current market cap of $60.0M, and EV of $107M.
As of November 18, 2025, PowerBank's stock price is $2.
See PowerBank trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $107M | $60.0M | XXX | XXX | XXX | XXX | $-0.46 |
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Start Free TrialPowerBank's trades at 2.2x EV/Revenue multiple, and -8.0x EV/EBITDA.
See valuation multiples for PowerBank and 15K+ public compsAs of November 18, 2025, PowerBank has market cap of $60.0M and EV of $107M.
Equity research analysts estimate PowerBank's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
PowerBank has a P/E ratio of -3.9x.
| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $60.0M | XXX | $60.0M | XXX | XXX | XXX |
| EV (current) | $107M | XXX | $107M | XXX | XXX | XXX |
| EV/Revenue | 2.7x | XXX | 2.2x | XXX | XXX | XXX |
| EV/EBITDA | 273.4x | XXX | -8.0x | XXX | XXX | XXX |
| EV/EBIT | -12.6x | XXX | -23.8x | XXX | XXX | XXX |
| EV/Gross Profit | 11.9x | XXX | n/a | XXX | XXX | XXX |
| P/E | -3.9x | XXX | -3.5x | XXX | XXX | XXX |
| EV/FCF | n/a | XXX | -8.7x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialPowerBank's last 12 month revenue growth is 52%
PowerBank's revenue per employee in the last FY averaged $2.8M, while opex per employee averaged $1.3M for the same period.
PowerBank's rule of 40 is 25% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
PowerBank's rule of X is 132% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for PowerBank and other 15K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 52% | XXX | 11% | XXX | XXX | XXX |
| EBITDA Margin | 1% | XXX | -27% | XXX | XXX | XXX |
| EBITDA Growth | 1963% | XXX | n/a | XXX | XXX | XXX |
| Rule of 40 | 25% | XXX | 25% | XXX | XXX | XXX |
| Bessemer Rule of X | XXX | XXX | 132% | XXX | XXX | XXX |
| Revenue per Employee | XXX | XXX | $2.8M | XXX | XXX | XXX |
| Opex per Employee | XXX | XXX | $1.3M | XXX | XXX | XXX |
| S&M Expenses to Revenue | XXX | XXX | 3% | XXX | XXX | XXX |
| G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| R&D Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| Opex to Revenue | XXX | XXX | 46% | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Public Power Corporation | XXX | XXX | XXX | XXX | XXX | XXX |
| Banpu Power | XXX | XXX | XXX | XXX | XXX | XXX |
| Gulf Development | XXX | XXX | XXX | XXX | XXX | XXX |
| Torrent Power | XXX | XXX | XXX | XXX | XXX | XXX |
| Reliance Power | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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PowerBank acquired XXX companies to date.
Last acquisition by PowerBank was XXXXXXXX, XXXXX XXXXX XXXXXX . PowerBank acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Start Free Trial| When was PowerBank founded? | PowerBank was founded in 2013. |
| Where is PowerBank headquartered? | PowerBank is headquartered in United States of America. |
| How many employees does PowerBank have? | As of today, PowerBank has 15 employees. |
| Who is the CEO of PowerBank? | PowerBank's CEO is Dr. Richard Lu. |
| Is PowerBank publicy listed? | Yes, PowerBank is a public company listed on NAS. |
| What is the stock symbol of PowerBank? | PowerBank trades under SUUN ticker. |
| When did PowerBank go public? | PowerBank went public in 2023. |
| Who are competitors of PowerBank? | Similar companies to PowerBank include e.g. Public Power Corporation, Banpu Power, Gulf Development, Torrent Power. |
| What is the current market cap of PowerBank? | PowerBank's current market cap is $60.0M |
| What is the current revenue of PowerBank? | PowerBank's last 12 months revenue is $39.4M. |
| What is the current revenue growth of PowerBank? | PowerBank revenue growth (NTM/LTM) is 52%. |
| What is the current EV/Revenue multiple of PowerBank? | Current revenue multiple of PowerBank is 2.7x. |
| Is PowerBank profitable? | Yes, PowerBank is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of PowerBank? | PowerBank's last 12 months EBITDA is $0.4M. |
| What is PowerBank's EBITDA margin? | PowerBank's last 12 months EBITDA margin is 1%. |
| What is the current EV/EBITDA multiple of PowerBank? | Current EBITDA multiple of PowerBank is 273.4x. |
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