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Stardust Solar Achieves First-Ever EBITDA-Positive Quarter, Powered by Record Q3 Revenues of $1.78M (+99% YoY)
Vancouver, British Columbia--(Newsfile Corp. - October 28, 2025) - Stardust Solar Energy Inc. (T...
About this update from Stardust Solar Energy Inc.
[{"type":"text","content":"Stardust Solar Achieves First-Ever EBITDA-Positive Quarter, Powered by Record Q3 Revenues of $1.78M (+99% YoY)Vancouver, British Columbia--(Newsfile Corp. - October 28, 2025) - Stardust Solar Energy Inc. (TSXV: SUN) (OTCQB: SUNXF) (FSE: 6330) today reported record quarterly results for the three and nine months ended September 30, 2025, and the Company's first-ever EBITDA-positive quarter. Q3 revenue reached a record $1.78M (+99% YoY) with a gross margin of 44% (31% in Q3 2024). The Company secured a record $2.55M (+206% increase YoY) in new signed contracts, lifting backlog to $4.4M total. Q3 2025 Highlights (three months ended September 30, 2025)Record revenue: $1.78M (+99% YoY), the strongest quarter in Company history.Gross margin: 44% (vs. 31% in Q3 2024); year-to-date margin also 44% (vs. 29% in YTD 2024).First-ever EBITDA-positive quarter: EBITDA of $16,293.Nearing profitability: Net loss of $25,018 (loss per share $0.00); net loss margin improved from -39% ($475K net loss) in Q2 to -1% in Q3 (a 95% narrower loss QoQ).Operating expenses: $812,628 (+14% YoY), reflecting higher advertising, promotion, professional and administrative costs tied to growth and public-company compliance.Record signed contracts & visibility: $2.55M signed in Q3 (largest quarter to date), which is +206% increase YoY compared to $829K in Q3 2024, driving the total backlog to $4.4M (+38% vs. June 30, 2025).Liquidity: Cash and cash equivalents $340K at quarter-end (June 30, 2025 - $171K).Operating cash flow: Positive $131K, the Company's first positive quarter since going public.Year-to-Date and Trailing Twelve-Month GrowthNine months ended Sept 30, 2025: Revenue $3.99M, up $1.14M (+40%) from $2.85M in the prior-year period.TTM revenue: ~$4.8M, up 32% from ~$3.6M in the comparable prior-12-month period, underscoring sustained top-line momentum and diversified growth.Management Commentary\"Q3 proves our model is scaling with discipline,\" said Mark Tadros, Founder & CEO. \"We delivered record revenue, first-ever EBITDA positivity, a 44% gross margin, and a record quarter for signed contracts that pushed backlog to $4.4M. Most importantly, our net loss narrowed to just $25,000 with positive operating cash flow, showing clear progress toward consistent profitability. We are focused on converting backlog into revenue, supporting our franchise pa...