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Dec 1, 2025 8:00 PM

Solar Alliance Energy, Inc. Announces Q3 Earnings

TORONTO and KNOXVILLE, Tenn., Dec. 01, 2025 (GLOBE NEWSWIRE) -- Solar Alliance Energy Inc. (‘Solar Alliance' or the ‘Company') (TSXV:SOLR, OTC:SAENF), a leading solar energy solutions provider focused on the commercial and utility solar sectors, announces it has filed its unaudited financial results for the three months ended September 30, 2025. The Company's Financial Statements and related Management's Discussion and Analysis are available under the Company's profile at www.sedarplus.ca, to which shareholders are referred. (Figures in Canadian Dollars)

"The Company's revenues and operating losses for the three and nine month periods to September 30th, 2025 are disappointing and reflective of the difficult solar industry background for the nine months under review," stated CEO, Brian Timmons

Results Summary

Revenue for the three and nine months ended September 30, 2025 was $656,919 and $2,342,063 respectively, compared to $945,303 and $3,321,692 in the comparative 2024 periods.

Cost of sales for the nine month period ended September 30, 2025 were ($1,944,604) (2024 $2,028,553) resulting in a gross profit for 9 month period 2025 of $379,459 (9 month Period 2024 $1,293,039) representing Gross margins of 17% & 39% for the respective periods.

Operating and selling expenditures, excluding non-cash depreciation and share-based payments, were $526,199 and $1,492,655 in the three and nine months ended September 30, 2025 compared to $586,087 and $1,719,755 in the comparative period, a decrease in costs.

The Company reported an operating loss of $455,125 and $1,108,380 in the three nine months ended September 30, 2025 compared to operating losses of $150,771 and $451,749 in the comparative periods.

Net loss for the three months ended September 30, 2025 was $473,426 ...