For the quarter ending 2025-09-30, SOL had $38,154K increase in cash & cash equivalents over the period. $32,604K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net (loss) income | 3,469 | -25,383 |
| Depreciation | 2,048 | 4,468 |
| Allowances for credit losses | -3,598 | 4,586 |
| Loss on cancellation or impairment of project assets | 824 | 5,857 |
| Loss on disposal of property, plant and equipment | 258 | 1,100 |
| Impairment loss of assets | 0 | 27,330 |
| Share-based compensation | 48 | 51 |
| Deferred tax provision | 10 | 20 |
| Accounts receivable, trade and unbilled | -28,860 | -4,876 |
| Advances to suppliers | 479 | -10 |
| Value added tax recoverable | -6,261 | 975 |
| Prepaid expenses and other current assets | -1,123 | 2,167 |
| Project assets | 6,530 | 4,986 |
| Other non-current assets | 549 | 6,402 |
| Accounts payable | 2,675 | -7,159 |
| Advances from customers | 12 | -342 |
| Amounts due to related parties | 85 | -1,500 |
| Other current liabilities | -413 | 427 |
| Income tax payable | 132 | 585 |
| Salaries payable | -100 | -33 |
| Net cash provided by (used in) operating activities | 34,136 | 363 |
| Purchase of property, plant and equipment | 1,532 | 4,768 |
| Proceeds from disposal of property, plant and equipment | 190 | 991 |
| Net cash used in investing activities | -1,342 | -3,777 |
| Proceeds from banks and other third-party borrowings | 9,553 | 15,269 |
| Repayment of banks and other third-party borrowings | 2,502 | 1,425 |
| Debt issuance costs | -10 | 257 |
| Distributions to non-controlling interest | 554 | - |
| Borrowings from related parties | 1 | 66 |
| Proceeds from failed sales-leaseback | 653 | 3,657 |
| Repayment of finance lease obligations | 387 | 528 |
| Repayment of failed sales-leaseback financing | 1,802 | 2,576 |
| Net cash provided by (used in) financing activities | 4,972 | 14,206 |
| Effect of exchange rate changes | 388 | -11,682 |
| Net increase (decrease) in cash and cash equivalents and restricted cash | 38,154 | -890 |
| Cash and cash equivalents at beginning of period | 50,012 | - |
| Cash and cash equivalents at end of period | 87,276 | - |
Emeren Group Ltd (SOL)
Emeren Group Ltd (SOL)