Pineapple energy reports fourth quarter and full year 2023 financial results

Fourth quarter 2023: revenue up 13% from q4 2022 gross profit up 10% from q4 2022 operating expenses down 8% from q4 2022 operating loss decreased 34% from q4 2022 net loss from continuing operations decreased 91% from q4 2022 pro forma adjusted ebitda up 222% from q4 2022 positive cash flow from operations in q4 2023 of $157,937 minnetonka, minn., march 28, 2024 (globe newswire) -- pineapple energy inc. (nasdaq: pegy), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced financial results for the fourth-quarter and full year ended december 31, 2023.
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