Sunlight Financial Holdings Inc. financial data

Symbol
SUNLQ, SULWQ on OTC
Industry
Finance Services
Location
101 N. Tryon Street, Suite 1000, Charlotte, North Carolina
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Spartan Acquisition Corp. II (to 7/12/2021)
Latest financial report
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 -2.03 K %

Shares

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

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 31.5 M USD -200%
Costs and Expenses 673 M USD +17.7%
Operating Income (Loss) -641 M USD -627%
Nonoperating Income (Expense) -4.81 M USD -143%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -646 M USD -2174%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -384 M 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 80.1 M USD +16.3%
Property, Plant and Equipment, Net 1.28 M USD -24%
Intangible Assets, Net (Excluding Goodwill) 305 M USD -9.17%
Goodwill 0 USD -100%
Assets 435 M USD -55.2%
Deferred Income Tax Liabilities, Net 837 K USD -97.4%
Liabilities 176 M USD +63.2%
Retained Earnings (Accumulated Deficit) -579 M USD -196%
Stockholders' Equity Attributable to Parent 173 M USD -68.8%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 259 M USD -70%
Liabilities and Equity 435 M USD -55.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 44 M USD
Net Cash Provided by (Used in) Financing Activities -12.9 M USD -23411%
Net Cash Provided by (Used in) Investing Activities -2.95 M USD -275%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 28.1 M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 86.4 M USD +22.5%
Interest Paid, Excluding Capitalized Interest, Operating Activities 373 K USD +43.5%
Deferred Tax Assets, Valuation Allowance 31.7 M USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure
Deferred Tax Assets, Gross 35.2 M USD
Operating Lease, Liability 6.13 M USD -19.3%
Depreciation 600 K USD 0%
Payments to Acquire Property, Plant, and Equipment 1.03 M USD +58.9%
Lessee, Operating Lease, Liability, to be Paid 10.8 M USD -15.4%
Property, Plant and Equipment, Gross 3.12 M USD +1.96%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.67 M USD +7.66%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.55 M 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 4.66 M USD -9.66%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.79 M USD +7.06%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) -35.4 M USD
Current Income Tax Expense (Benefit) -1.1 M USD
Preferred Stock, Shares Authorized 35 M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.84 M USD +2.74%
Operating Lease, Payments 1.96 M USD +2.7%
Additional Paid in Capital 752 M USD -1.77%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 427 K USD
Current Federal Tax Expense (Benefit) -1.53 M USD
Amortization of Intangible Assets 34 M USD -10.4%
Depreciation, Depletion and Amortization 8.52 M USD -62%
Deferred Tax Assets, Net of Valuation Allowance 3.63 M USD
Deferred State and Local Income Tax Expense (Benefit) -418 K USD
Interest Expense 1.52 M USD +45.8%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%