SNPW Sun Pacific Holding Corp.

Overview and Growth

In fiscal 2022, Sun Pacific Holding Corp. recorded $265.57K of revenue, net loss of $278.61K, and an operating cash outflow of $17.93K. At $265.57K, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. The top line contracted 29.7% from $377.59K in fiscal 2021; this top-line contraction left the company with a smaller revenue base. On a per-share basis, diluted EPS was $0.00, which connects the reported earnings outcome with the company’s diluted share count. The diluted weighted-average share count was 974.95M, linking total earnings with the per-share result received by shareholders. Diluted shares moved 12.7% from 1.12B in fiscal 2021, leaving the current share base lower year over year. Total assets stood at $177.39K, showing the scale of resources supporting revenue, earnings, liquidity, and financing. The revenue-to-assets relationship was 1.5x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

Gross profit was $248.93K, representing the portion of revenue remaining after the reported cost of revenue and before operating expenses. The gross-profit relationship equaled 93.7% of revenue, quantifying the portion retained before operating expenses were recognized. Operations produced a $287.63K operating loss before non-operating and tax effects. Relative to revenue, the operating deficit measured 108.3%, showing the shortfall after operating costs. The bottom-line result was a net loss of $278.61K after operating, financing, tax, and other recognized items. Measured against revenue, the bottom-line deficit represented 104.9% after all recognized items. EBITDA was negative $273.13K, showing a deficit before interest, taxes, depreciation, and amortization. The company reported a pretax loss of $278.61K, before the effect of income taxes. The pretax loss equaled 104.9% of revenue, measuring the pre-tax deficit against sales. The net loss equaled 157.1% of period-end assets, showing the deficit relative to the asset base. A $278.61K net loss replaced fiscal 2021 net income of $1.59M.

Liquidity and Capital Structure

Total assets were $177.39K, supported by $3.27M of liabilities and -$3.10M of shareholder equity. The company reported negative equity of -$3.10M, a capital deficit that reduces its ability to absorb losses through book equity. The near-term balance sheet paired $153.36K of current assets with $3.27M of current liabilities at the reporting date. At 0.05x, current liabilities exceeded current assets and placed pressure on the company’s near-term liquidity position. Cash and equivalents totaled $147.05K, identifying the most liquid reported component available within the broader current-asset balance. Cash and equivalents represented 4.5% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. Measured against total assets, cash and equivalents represented 82.9%, a balance-sheet composition measure rather than a liquidity forecast. Compared with $286.70K in fiscal 2021, the current asset base moved 38.1% and finished lower. The reported cash balance changed 113.2% from $68.97K in fiscal 2021, ending higher year over year.

Cash Flow and Earnings Quality

Cash flow from operations was an outflow of $17.93K, showing that operations absorbed cash during the period. Cash absorbed by operations decreased from $522.75K in fiscal 2021 to $17.93K.

Based on the annual report for the fiscal year ending Dec 31, 2022. Analysis generated Sep 24, 2026.