SUNation Energy (SUNE) Investor presentation summary

Strategic transformation and leadership

• New leadership team implemented initiatives to strengthen operations, reduce costs, and eliminate debt, positioning the company to adapt to industry changes following major policy shifts like the One Big Beautiful Bill Act (OBBBA).

• Enhanced governance, streamlined capital structure, and significant deleveraging achieved, with total debt reduced by over $11M (59%) from December 2024 to September 2025.

• Added experienced executives and board members, redomiciled to Delaware, and secured $20M in new funding.

Financial performance and outlook

• Q3 2025 sales grew 29% year-over-year to $19M, with gross margin expanding to 38%.

• Operating loss narrowed to $(0.2)M in Q3 2025 from $(1.6)M in Q3 2024; positive Adjusted EBITDA of $0.9M.

• Cash increased to $5.4M, total debt declined to $7.9M, and stockholders’ equity rose to $21.7M by September 2025.

• 2025 guidance projects total sales of $65–$70M and Adjusted EBITDA of $0.5–$0.7M, a significant turnaround from a $(4.9)M loss in 2024.

Market positioning and growth strategy

• Operates in high-cost energy markets (NY, HI, FL) with strong brand equity and over 22,000 systems installed.

• Leading market share in Long Island, NY, and ranked #24 among U.S. residential solar installers in 2024, up from #36 in 2023.

• Pursuing organic growth and M&A, targeting EPC companies and adjacent services (HVAC, roofing, service, maintenance).

• Customer-centric approach drives high satisfaction (4.8 Google rating), 37% referral rate, and low acquisition costs.