Sunlight Financial Holdings Inc. financial data

Industry
Finance Services
Location
101 N. Tryon Street, Suite 1000, Charlotte, NC
State of incorporation
DE
Fiscal year end
December 31
Former names
Spartan Acquisition Corp. II (to 7/12/2021)
Latest financial report
10-Q - Q2 2023 - Aug 9, 2023

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 52.3 % +153%
Return On Equity -109 %
Return On Assets -81.1 %
Operating Margin -2.03K %

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 122M USD -64.5%
Weighted Average Number of Shares Outstanding, Basic 95.8M shares +13.1%
Weighted Average Number of Shares Outstanding, Diluted 141M shares +66.2%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 31.5M USD -200%
Costs and Expenses 673M USD +17.7%
Operating Income (Loss) -641M USD -627%
Nonoperating Income (Expense) -4.81M USD -143%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -646M USD -2174%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -384M USD -1428%
Earnings Per Share, Basic -4.49 USD/shares -1240%
Earnings Per Share, Diluted -4.64 USD/shares -1280%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 80.1M USD +16.3%
Property, Plant and Equipment, Net 1.28M USD -24%
Intangible Assets, Net (Excluding Goodwill) 305M USD -9.17%
Goodwill 0 USD -100%
Assets 435M USD -55.2%
Deferred Income Tax Liabilities, Net 837K USD -97.4%
Liabilities 176M USD +63.2%
Retained Earnings (Accumulated Deficit) -579M USD -196%
Stockholders' Equity Attributable to Parent 173M USD -68.8%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 259M USD -70%
Liabilities and Equity 435M USD -55.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 44M USD
Net Cash Provided by (Used in) Financing Activities -12.9M USD -23411%
Net Cash Provided by (Used in) Investing Activities -2.95M USD -275%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 28.1M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 86.4M USD +22.5%
Interest Paid, Excluding Capitalized Interest, Operating Activities 373K USD +43.5%
Deferred Tax Assets, Valuation Allowance 31.7M USD
Deferred Tax Assets, Gross 35.2M USD
Operating Lease, Liability 6.13M USD -19.3%
Depreciation 600K USD 0%
Payments to Acquire Property, Plant, and Equipment 1.03M USD +58.9%
Lessee, Operating Lease, Liability, to be Paid 10.8M USD -15.4%
Property, Plant and Equipment, Gross 3.12M USD +1.96%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.67M USD +7.66%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.55M USD -18.6%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Deferred Income Tax Expense (Benefit) 0 USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 4.66M USD -9.66%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.79M USD +7.06%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 35M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.84M USD +2.74%
Operating Lease, Payments 1.96M USD +2.7%
Additional Paid in Capital 752M USD -1.77%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 34M USD -10.4%
Depreciation, Depletion and Amortization 8.52M USD -62%
Deferred Tax Assets, Net of Valuation Allowance 3.63M USD
Interest Expense 1.52M USD +45.8%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%