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Side-by-side financial comparison of INNEOVA Holdings Ltd (INEO) and SUNation Energy, Inc. (SUNE). Click either name above to swap in a different company.

INNEOVA Holdings Ltd is the larger business by last-quarter revenue ($30.8M vs $27.2M, roughly 1.1× SUNation Energy, Inc.). SUNation Energy, Inc. runs the higher net margin — 9.6% vs 0.8%, a 8.8% gap on every dollar of revenue.

Suncor Energy Inc. is a Canadian integrated energy company based in Calgary, Alberta. It specializes in production of synthetic crude from oil sands. In the 2020 Forbes Global 2000, Suncor Energy was ranked as the 48th-largest public company in the world.

INEO vs SUNE — Head-to-Head

Bigger by revenue
INEO
INEO
1.1× larger
INEO
$30.8M
$27.2M
SUNE
Higher net margin
SUNE
SUNE
8.8% more per $
SUNE
9.6%
0.8%
INEO

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
INEO
INEO
SUNE
SUNE
Revenue
$30.8M
$27.2M
Net Profit
$243.0K
$2.6M
Gross Margin
19.3%
40.7%
Operating Margin
3.6%
10.7%
Net Margin
0.8%
9.6%
Revenue YoY
77.0%
Net Profit YoY
138.2%
EPS (diluted)
$0.02
$105.59

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
INEO
INEO
SUNE
SUNE
Q4 25
$27.2M
Q3 25
$19.0M
Q2 25
$30.8M
$13.1M
Q1 25
$12.6M
Q4 24
$15.4M
Q3 24
$14.7M
Q2 24
$13.5M
Q1 24
$13.2M
Net Profit
INEO
INEO
SUNE
SUNE
Q4 25
$2.6M
Q3 25
$-393.0K
Q2 25
$243.0K
$-9.6M
Q1 25
$-3.5M
Q4 24
$-6.8M
Q3 24
$-3.3M
Q2 24
$-6.9M
Q1 24
$1.2M
Gross Margin
INEO
INEO
SUNE
SUNE
Q4 25
40.7%
Q3 25
38.0%
Q2 25
19.3%
37.0%
Q1 25
35.1%
Q4 24
36.4%
Q3 24
35.6%
Q2 24
35.4%
Q1 24
36.4%
Operating Margin
INEO
INEO
SUNE
SUNE
Q4 25
10.7%
Q3 25
-1.3%
Q2 25
3.6%
-16.6%
Q1 25
-17.2%
Q4 24
-42.3%
Q3 24
-10.9%
Q2 24
-15.0%
Q1 24
-16.5%
Net Margin
INEO
INEO
SUNE
SUNE
Q4 25
9.6%
Q3 25
-2.1%
Q2 25
0.8%
-73.5%
Q1 25
-27.7%
Q4 24
-44.4%
Q3 24
-22.4%
Q2 24
-51.2%
Q1 24
9.1%
EPS (diluted)
INEO
INEO
SUNE
SUNE
Q4 25
$105.59
Q3 25
$-0.12
Q2 25
$0.02
$-3.14
Q1 25
$-106.71
Q4 24
$41676.94
Q3 24
$-2350.12
Q2 24
$-11022.91
Q1 24
$-38414.84

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
INEO
INEO
SUNE
SUNE
Cash + ST InvestmentsLiquidity on hand
$2.1M
$7.2M
Total DebtLower is stronger
$2.9M
$6.6M
Stockholders' EquityBook value
$11.2M
$24.3M
Total Assets
$52.6M
$48.2M
Debt / EquityLower = less leverage
0.26×
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INEO
INEO
SUNE
SUNE
Q4 25
$7.2M
Q3 25
$5.4M
Q2 25
$2.1M
$3.2M
Q1 25
$1.4M
Q4 24
$839.3K
Q3 24
$1.1M
Q2 24
$1.0M
Q1 24
$1.8M
Total Debt
INEO
INEO
SUNE
SUNE
Q4 25
$6.6M
Q3 25
Q2 25
$2.9M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
INEO
INEO
SUNE
SUNE
Q4 25
$24.3M
Q3 25
$21.7M
Q2 25
$11.2M
$22.1M
Q1 25
$14.8M
Q4 24
$8.5M
Q3 24
$13.1M
Q2 24
$-10.9M
Q1 24
$-11.2M
Total Assets
INEO
INEO
SUNE
SUNE
Q4 25
$48.2M
Q3 25
$49.6M
Q2 25
$52.6M
$44.1M
Q1 25
$44.4M
Q4 24
$45.7M
Q3 24
$51.0M
Q2 24
$52.9M
Q1 24
$54.7M
Debt / Equity
INEO
INEO
SUNE
SUNE
Q4 25
0.27×
Q3 25
Q2 25
0.26×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
INEO
INEO
SUNE
SUNE
Operating Cash FlowLast quarter
$-301.0K
$2.1M
Free Cash FlowOCF − Capex
$-1.5M
FCF MarginFCF / Revenue
-4.8%
Capex IntensityCapex / Revenue
3.8%
Cash ConversionOCF / Net Profit
-1.24×
0.81×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INEO
INEO
SUNE
SUNE
Q4 25
$2.1M
Q3 25
$2.4M
Q2 25
$-301.0K
$-130.2K
Q1 25
$-3.4M
Q4 24
$-1.9M
Q3 24
$-968.1K
Q2 24
$-776.4K
Q1 24
$-2.6M
Free Cash Flow
INEO
INEO
SUNE
SUNE
Q4 25
Q3 25
$2.4M
Q2 25
$-1.5M
Q1 25
Q4 24
$-1.9M
Q3 24
$-980.3K
Q2 24
$-788.4K
Q1 24
$-2.7M
FCF Margin
INEO
INEO
SUNE
SUNE
Q4 25
Q3 25
12.5%
Q2 25
-4.8%
Q1 25
Q4 24
-12.4%
Q3 24
-6.7%
Q2 24
-5.8%
Q1 24
-20.1%
Capex Intensity
INEO
INEO
SUNE
SUNE
Q4 25
Q3 25
0.0%
Q2 25
3.8%
Q1 25
Q4 24
0.0%
Q3 24
0.1%
Q2 24
0.1%
Q1 24
0.0%
Cash Conversion
INEO
INEO
SUNE
SUNE
Q4 25
0.81×
Q3 25
Q2 25
-1.24×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-2.20×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

INEO
INEO

Segment breakdown not available.

SUNE
SUNE

Transferred At Point In Time$15.1M55%
Hawaii Energy Connection$10.0M37%
Transferred Over Time$2.1M8%

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