Business
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. (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...
About this update from Sunoco Lp
[{"type":"text","content":"Vancouver, 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.","length":521,"tagName":"p"},{"type":"text","content":"2026 Growth Outlook","length":19,"tagName":"p"},{"type":"text","content":"Organic 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.","length":466,"tagName":"p"},{"type":"text","content":"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.","length":303,"tagName":"p"},{"type":"text","content":"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.","length":242,"tagName":"p"},{"type":"text","content":"Q3 2025 Financial and Operational Highlights (Three months ended September 30, 2025)","length":84,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Record revenue: $1.78M (+99% YoY), the highest quarterly revenue in Company history.","length":84,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross margin: 44% (vs. 31% in Q3 2024); year-to-date margin also 44% (vs. 29% in YTD 2024).","length":91,"tagName":"p"}]},{"val":[{"type":"text","content":"EBITDA: $16,293, representing the Company's first EBITDA-positi...