HomeSun
HomeSun helps homeowners to generate their own electricity with free solar PV panels.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| N/A | N/A | Acquisition | |
| Total Funding | 000k | ||
| GBP | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | (1 %) | (2 %) | 10 % | 1 % | 3 % | (5 %) | 14 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 89 % | 85 % | 85 % | 90 % | 83 % | 90 % | 92 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 96 % | 69 % | 98 % | 119 % | 92 % | 89 % | 120 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | 59 % | 60 % | 69 % | 68 % | - | - | - |
Source: Company filings or news article
HomeSun operates in the renewable energy sector, specifically focusing on providing affordable solar power solutions to homeowners. The company offers a unique solar subscription service that allows homeowners to install solar panels on their roofs without the need for an upfront investment. Instead, customers make a single monthly payment, making solar energy accessible and financially manageable. HomeSun conducts a home survey to ensure the property is suitable for solar installation and performs a credit check as part of the application process. The service is designed to be flexible; even if customers cancel their subscription, the solar panels remain on their roofs at no additional cost, allowing them to rejoin the service at any time. HomeSun's business model revolves around subscription fees, providing a steady revenue stream while promoting sustainable energy use. The company aims to make green energy a standard for every UK household, contributing to a future where every home is powered by renewable electricity.
Keywords: solar power, subscription service, renewable energy, homeowners, UK market, sustainable energy, monthly payments, home survey, credit check, flexible contracts.