Sunlight Financial Holdings, Inc. (SUNL) Financial Statements (2026 and earlier)

Company Profile

Business Address 101 N. TRYON STREET
CHARLOTTE, NC 28246
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 6199 - Finance Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

6/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments47,51591,882716
Cash and cash equivalent47,51591,882716
Prepaid expense   1,885
Total current assets:47,51591,8822,600
Noncurrent Assets
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization1,4894,069 
Intangible asset, including goodwill, after accumulated amortization319,920811,595 
Goodwill  445,756 
Intangible asset, excluding goodwill, after accumulated amortization319,920365,839 
Asset, held-in-trust   345,010
Total noncurrent assets:321,409815,664345,010
Other undisclosed assets83,27194,701 
TOTAL ASSETS:452,1951,002,247347,610
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities   985
Taxes payable 22
Accounts payable   375
Accrued liabilities   588
Total current liabilities:   985
Noncurrent Liabilities
Liabilities, other than long-term debt68836,68612,075
Deferred revenue   12,075
Deferred income tax liabilities68836,686 
Total noncurrent liabilities:68836,68612,075
Other undisclosed liabilities83,18086,598 
Total liabilities:83,868123,28413,060
Temporary equity, including noncontrolling interest   329,550
Equity
Equity, attributable to parent, including:244,764562,8185,000
Treasury stock, value(15,307)(15,535) 
Additional paid in capital761,698764,3665,698
Accumulated deficit(501,635)(186,022)(699)
Other undisclosed equity, attributable to parent891
Equity, attributable to noncontrolling interest123,563316,145 
Total equity:368,327878,9635,000
TOTAL LIABILITIES AND EQUITY:452,1951,002,247347,610

Income Statement (P&L) ($ in thousands)

6/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
Revenues98,506  
Cost of revenue(473,037)  
Gross profit:(374,531)  
Operating expenses(184,565)  
Other undisclosed operating loss   
Operating loss:(559,096)  
Nonoperating income (expense)10,239  
Investment income, nonoperating2,782  
Other nonoperating expense(7,488)  
Interest and debt expense(1,404)  
Loss from continuing operations before equity method investments, income taxes:(550,261)  
Other undisclosed income from continuing operations before income taxes1,404  
Loss from continuing operations before income taxes:(548,857)  
Income tax benefit36,921 147
Income (loss) from continuing operations:(511,936) 147
Income (loss) before gain (loss) on sale of properties:147
Net income (loss):(511,936) 147
Net income attributable to noncontrolling interest196,085  
Net income (loss) attributable to parent:(315,851) 147
Preferred stock dividends and other adjustments741  
Net income (loss) available to common stockholders, basic:(315,110) 147
Dilutive securities, effect on basic earnings per share(192,473)  
Other undisclosed net loss available to common stockholders, diluted   
Net income (loss) available to common stockholders, diluted:(507,583) 147

Comprehensive Income ($ in thousands)

6/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
Net income (loss):(511,936) 147
Comprehensive income (loss):(511,936) 147
Comprehensive income, net of tax, attributable to noncontrolling interest196,085  
Comprehensive income (loss), net of tax, attributable to parent:(315,851) 147

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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