Solar Alliance Energy, Inc. Announces Q3 Earnings

Core Viewpoint - The financial results for Solar Alliance Energy Inc. for the three and nine months ended September 30, 2025, reflect disappointing revenues and operating losses, attributed to a challenging solar industry environment [1][3]. Financial Performance - Revenue for the three months ended September 30, 2025, was $656,919, down from $945,303 in the same period of 2024, representing a decrease of approximately 30.6% [6]. - For the nine months ended September 30, 2025, revenue was $2,342,063, compared to $3,321,692 in the prior year, indicating a decline of about 29.4% [6]. - Cost of sales for the nine-month period in 2025 was $1,944,604, slightly lower than $2,028,553 in 2024, resulting in a gross profit of $379,459, down from $1,293,039 in 2024, leading to gross margins of 17% in 2025 compared to 39% in 2024 [6]. - Operating loss for the three months ended September 30, 2025, was $455,125, compared to a loss of $150,771 in the same period of 2024 [6]. - The net loss for the three months ended September 30, 2025, was $473,426, compared to a net loss of $274,493 in the prior year [6]. Industry Outlook - The period ending November 2025 saw a revival in the solar industry, with clarified uncertainty over ITC tax credits, leading to increased interest in new projects for the company [4]. - The company anticipates that the quality of its potential business development pipeline projects will enable it to generate higher revenues in the near term [5].