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Stardust Solar Sets 2026 Outlook Backed by $4M Backlog and Strengthening Financial Metrics
Vancouver, British Columbia--(Newsfile Corp. - December 2, 2025) - Stardust Solar Energy Inc. (T...
About this update from Stardust Solar Energy Inc.
[{"type":"text","content":"Stardust Solar Sets 2026 Outlook Backed by $4M Backlog and Strengthening Financial MetricsVancouver, British Columbia--(Newsfile Corp. - December 2, 2025) - Stardust Solar Energy Inc. (TSXV: SUN) (OTCQB: SUNXF) (FSE: 6330) today announced that its signed project backlog has exceeded $4 million, providing solid visibility heading into 2026. This follows the Company's strongest quarter to date for the three months ended September 30, 2025, in which Stardust Solar delivered record revenue of $1.78 million (+99% YoY), a gross margin of 44% (vs. 31% in Q3 2024), and its first-ever EBITDA-positive quarter.2026 Growth OutlookOrganic Franchise Expansion:Stardust Solar expects to add approximately 25-50 new franchise territories in 2026, supported by continued demand for residential and commercial solar solutions. As the franchise network scales, management anticipates improved system-wide operating leverage. The Company has also expanded internationally, with new locations established in the Caribbean and Zambia, demonstrating the adaptability and scalability of the franchise model.Commercial Project Growth:With internal expertise now in place to manage commercial installations, the Company anticipates a meaningful increase in commercial project activity in 2026. This aligns with broader market demand for distributed energy solutions in Canada, United States and internationally.Mergers & Acquisitions: The Company continues to evaluate acquisition opportunities that complement its existing operations. Several potential transactions are currently under review as part of the Company's growth strategy for 2026.Q3 2025 Financial and Operational Highlights (Three months ended September 30, 2025)Record revenue: $1.78M (+99% YoY), the highest quarterly revenue in Company history.Gross margin: 44% (vs. 31% in Q3 2024); year-to-date margin also 44% (vs. 29% in YTD 2024).EBITDA: $16,293, representing the Company's first EBITDA-positive quarter.Net loss improvement: Net loss narrowed to $25,018 (loss per share: $0.00), improving from a 39% loss margin in Q2 to 1% in Q3.Operating expenses: $812,628 (+14% YoY), reflecting higher advertising, promotional, professional, and administrative costs associated with growth and public-company requirements.Record signed contracts: $2.55M of new contracts in Q3 (+206% YoY), increasing total backlog to $4.4M...