Stardust Solar Sets 2026 Outlook Backed by $4M Backlog and Strengthening Financial Metrics
Sunoco LPSunoco LP(US:SUN) Newsfile·2025-12-02 13:22

Core Insights - Stardust Solar Energy Inc. has reported a signed project backlog exceeding $4 million, indicating strong visibility for 2026 [1] - The company achieved record revenue of $1.78 million for Q3 2025, representing a 99% year-over-year increase, and recorded its first EBITDA-positive quarter [1][8] - The gross margin improved to 44% in Q3 2025, up from 31% in Q3 2024 [1][8] Financial Performance - Q3 2025 revenue reached $1.78 million, the highest quarterly revenue in the company's history, with a gross margin of 44% [8] - The net loss narrowed to $25,018, reflecting improved cost management and operational performance [6][8] - Operating cash flow turned positive at $131,000, marking the first positive operating cash flow quarter since going public [8] Growth Strategy - The company plans to expand its franchise network by adding approximately 25-50 new territories in 2026, driven by demand for solar solutions [2] - Stardust Solar is also expanding internationally, with new locations in the Caribbean and Zambia, showcasing the scalability of its franchise model [2] - The company anticipates a significant increase in commercial project activity in 2026, aligning with market demand for distributed energy solutions [3] Mergers & Acquisitions - Stardust Solar is actively evaluating acquisition opportunities to complement its operations, with several potential transactions under review as part of its growth strategy for 2026 [4]