Company Quick10K Filing
Summer Energy
10-Q 2020-03-31 Filed 2020-05-20
10-K 2019-12-31 Filed 2020-03-27
10-Q 2019-09-30 Filed 2019-11-14
10-Q 2019-06-30 Filed 2019-08-14
10-Q 2019-03-31 Filed 2019-05-15
10-K 2018-12-31 Filed 2019-04-11
10-Q 2018-09-30 Filed 2018-11-14
10-Q 2018-06-30 Filed 2018-08-14
10-Q 2018-03-31 Filed 2018-05-15
10-K 2017-12-31 Filed 2018-03-29
10-Q 2017-09-30 Filed 2017-11-14
10-Q 2017-06-30 Filed 2017-08-11
10-Q 2017-03-31 Filed 2017-05-15
10-K 2016-12-31 Filed 2017-03-30
10-Q 2016-09-30 Filed 2016-11-14
10-Q 2016-06-30 Filed 2016-08-11
10-Q 2016-03-31 Filed 2016-05-12
10-K 2015-12-31 Filed 2016-03-30
10-Q 2015-09-30 Filed 2015-11-12
10-Q 2015-06-30 Filed 2015-08-12
10-Q 2015-03-31 Filed 2015-05-15
10-K 2014-12-31 Filed 2015-03-31
10-Q 2014-09-30 Filed 2014-11-14
10-Q 2014-06-30 Filed 2014-08-14
10-Q 2014-03-31 Filed 2014-05-15
10-K 2013-12-31 Filed 2014-04-15
10-Q 2013-09-30 Filed 2013-11-14
10-Q 2013-06-30 Filed 2013-08-14
10-Q 2013-03-31 Filed 2013-05-15
10-K 2012-12-31 Filed 2013-03-28
10-Q 2012-09-30 Filed 2012-11-14
10-Q 2012-06-30 Filed 2012-08-14
10-Q 2012-03-31 Filed 2012-05-15
10-K 2011-12-31 Filed 2012-03-26
10-Q 2011-09-30 Filed 2011-11-14
10-Q 2011-06-30 Filed 2011-08-15
10-Q 2011-03-31 Filed 2011-05-16
10-K 2010-12-31 Filed 2011-03-31
10-Q 2010-09-30 Filed 2010-11-12
10-Q 2010-06-30 Filed 2010-08-20
10-Q 2010-03-31 Filed 2010-05-12
10-K 2009-12-31 Filed 2010-03-31
8-K 2020-04-20 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2020-03-12 Enter Agreement, Leave Agreement, Off-BS Arrangement, Sale of Shares, Exhibits
8-K 2019-12-20 Enter Agreement, Off-BS Arrangement
8-K 2019-09-05 Enter Agreement, Officers
8-K 2019-06-19 Officers, Exhibits
8-K 2019-06-19 Enter Agreement, Officers
8-K 2019-06-07 Shareholder Vote
8-K 2019-02-08 Enter Agreement, Sale of Shares
8-K 2018-12-18 Enter Agreement, Off-BS Arrangement
8-K 2018-06-27 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-06-08 Shareholder Vote
8-K 2018-05-01 Enter Agreement, Leave Agreement, Off-BS Arrangement
8-K 2018-04-13 Enter Agreement, Sale of Shares, Officers, Exhibits
8-K 2018-02-20 Enter Agreement, Officers, Off-BS Arrangement, Sale of Shares, Exhibits

Summer Energy Financials

SUME Metrics, Comps, Filings

Quarterly | Annual

Business

Summer Energy Holdings, Inc. (including our subsidiaries, Summer Energy, LLC ("Summer LLC"), Summer Energy Midwest, LLC ("Summer Midwest"), Summer EM Marketing, LLC ("Marketing LLC") and Summer Energy Northeast, LLC ("Summer Northeast"), are referred to collectively in this Annual Report, as the "Company," "Summer Energy," "we," "our" and "us"). The Company's primary business operations are conducted through our subsidiaries Summer LLC and Summer Northeast. Summer LLC is a Texas limited liability company that is licensed within the state of Texas as a Retail Electric Provider ("REP") by the Public Utility Commission of Texas ("PUCT"). Summer Northeast is a Texas limited liability company that is licensed as a REP in New Hampshire, Massachusetts, Connecticut and Rhode Island and currently operates in Massachusetts and Rhode Island. Summer Midwest is an Ohio limited liability company that is licensed in the state of Ohio as a REP. As stated above, references to the "Company," the "Registrant," "we," our," and "us" or similar terms, refer to Summer Energy Holdings, Inc. (f/k/a Castwell Precast Corporation), and its predecessors and its subsidiaries, except where the context makes clear that the reference is only to a specific subsidiary.

The Company was incorporated in the state of Nevada under the name Castwell Precast Corporation on March 25, 2005. On March 27, 2012, the Company (f/k/a Castwell Precast Corporation), closed the transaction (the "Transaction") contemplated by that certain Agreement and Plan of Contribution entered into on January 17, 2012 among the Company, Summer LLC, and the individual members of Summer LLC (the "Contribution Agreement"). A copy of the Contribution Agreement was filed as Exhibit 10.1 to the Company's Current Report on Form 8-K dated January 19, 2012, and the description contained herein of the terms of the Contribution Agreement is qualified in its entirety by reference to the provisions thereof. Further, a more complete description of the Transaction is set forth in the Company's Current Report on Form 8-K dated March 30, 2012. Prior to the consummation of the Transaction, the Company's principal business activity, carried out entirely through its wholly-owned subsidiary Castwell Precast Inc., was the manufacture and installation of decorative window wells made from precast concrete. Castwell Precast Inc. was incorporated in the state of Utah on March 24, 2005. The Company ceased the business of manufacturing and installing decorative window wells, and currently conducts the business of purchasing and reselling electric power within the states of Texas, Massachusetts and New Hampshire through its wholly-owned subsidiaries Summer LLC and Summer Northeast.

Following the Transaction, the Company now carries on, through Summer LLC and Summer Northeast, the business of an REP in the states of Texas, Massachusetts and New Hampshire, with head offices located at 5847 San Felipe Street, Suite 3700, Houston, Texas 77057. The Company's telephone number is (713) 375-2790, its fax number is (713) 375-2794, and its website is www.summerenergy.com. The information accessible through the Company's website does not constitute part of, and is not incorporated by reference into, this Annual Report.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Equity

Income Statement ($MM Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($MM Quarterly)

Ops, Inv, Fin

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Prime Meridian Holding (PMHG) 66,178 0% -3.7 1% 484,066 429,039 142 0 2,595 4,868 -18,100
Helix TCS (HLIX) 65,696 44% -12.3 -12% 74,083 7,816 11,011 4,865 -8,865 -5,311 65,477
Yatra (TRTL) 65,640 -20.6 -3% 99,561 6,580 0 0 -3,178 -3,178 65,500
Vegalab (VEGL) 65,417 14% -32.6 -22% 10,374 4,714 11,635 1,671 -2,270 -2,012 65,545
Integrity Applications (IGAP) 64,825 0% -72.7 -44% 1,974 2,836 140 0 -874 -874 63,546
Radisys (RSYS) 64,574 27% -97.1 -33% 57,835 65,385 109,918 29,205 -19,359 -578 56,127
Peoples Financial (PFBX) 64,261 11.4 0% 617,489 523,162 0 0 553 3,135 35,782
Electrum Special Acquisition (ELECU) 64,124 -356.8 -0% 128,485 11,837 0 0 -180 -180 64,096
Summer Energy (SUME) 63,005 9% -19.8 -9% 60,900 51,472 130,021 11,888 -5,619 -3,470 68,685
Sonim Technologies (SONM) 62,906 32% -3.4 -28% 68,973 40,342 99,081 31,437 -19,057 -16,692 56,855
Cryo Cell (CCEL) 62,661 68% 27.7 1% 40,889 48,983 23,494 15,913 575 2,439 67,644
I-On Communications (ALES) 62,354 20% -80.0 -13% 8,863 2,470 5,283 1,043 -1,111 -758 60,670
Nephros (NEPH) 62,276 58% -14.8 -38% 11,554 4,832 8,942 5,182 -4,384 -4,006 59,300
Kaanapali Land (KANP) 62,158 7% -9.8 -3% 106,294 24,515 4,885 364 -2,988 -3,678 36,038
Imprimis Pharmaceuticals (IMMY) 62,078 77% -27.3 -14% 28,289 23,836 29,988 23,163 -4,097 -2,510 68,431
INmune Bio (INMB) 61,884 -10.2 -21% 25,396 687 0 0 -5,360 -5,360 54,502
Santa Fe Gold (SFEG) 61,079 6.6 729% 1,228 15,246 0 0 8,947 9,931 65,322
Emarine Global (EMRN) 60,630 48% 1.5 4% 3,475,740 7,588,357 3,595,221 1,725,943 123,731 400,532 611,829
iWeb (IWBB) 60,297 -109.5 -40% 1,355 222 0 0 -548 -546 59,715
Lightwave Logic (LWLG) 59,578 -9.9 -99% 6,603 1,842 0 0 -6,508 -5,828 57,410

Balance Sheet ($'000)2011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash2071,2558872922811433338927406387746845836307277766337161,3313,2941,9051,9101,8821,6591,6782,4046,1326,4763,8554,1735,2025,398
Accounts Receivable1496911,5611,5401,4193,6885,0073,8763,3066,1248,7458,68710,26214,19815,35012,73713,45417,07719,09015,65616,72322,64826,79627,13130,31937,41939,86634,27134,98541,24549,468
Inventory
PP&E939320491123343904284786314484414839094133683521,1043573242841,1811911571361,257139112941,289716254
Assets30142,2042,3842,8012,9592,9495,1688,2376,9776,3908,51711,21411,16512,61416,03017,31814,23215,13819,81625,11219,78320,09726,31930,59433,58737,67948,92651,59144,39745,98253,24060,900
Accounts Payable35223821052012361175819542543033864873413583473054914084715486296051,7991,6042,3123,2081,2261,3721,496
Long-Term Debt1,0333,10002,5002,5002,5002,5002,50002,5002,9208,2168,75611,95612,55911,74011,078
Liabilities29264707581,1941,0991,4084,1236,9006,2004,8407,90811,78211,53912,33515,28414,71912,09411,69914,26416,69213,80114,08618,62423,07322,06026,51834,71742,57436,15532,59840,69751,472
Stockholders' Equity-111,7341,6261,6071,8601,5411,0451,3377761,550610-568-3742787462,5992,1383,4405,5518,4205,9826,0117,6957,52111,52711,16114,2089,0178,24213,38412,5439,428
Income Statement ($'000)2011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue0023,33229,01834,51330,82134,05039,21946,23634,82640,49954,697
Cost of Revenue0019,57624,64330,40625,27329,91534,51244,91929,02037,14451,970
Gross Profit00562475493545564594771,1524951,1461,1663,0073,4183,6625,1053,1054,4003,9234,0501,0913,7554,3744,1075,5484,1354,7351,3175,8063,3552,727
R&D
SG&A810-7085216468848661,0491,4041,4651,3681,5562,2112,7602,6712,8513,1063,3462,9113,3063,5743,6363,6603,0694,145
Tax00000000000001320110740000000000
Net Income-11-13-668-291-114-546-326-607-957-1,038-1,340-1,355-1073512321,6041,041212338-2,765-481,167-199347-637-835-5,351112-2,367-3,364
Cash Flow ($'000)2011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating-13-467-515-573-36567-233415-87-1,817-1,170212214-2,9865373683378-43700-1,897-731-96112-1,192-370-4,014-178-4,115854823
Cash Investing-30-36-117-145-206323-268-27-39-197-30042-37-128-10440-133-76-1,288149-82320850-16-6-6000
Cash Financing095500411-371,7541,504-110-2823,103-509-248-205-1569782,551-2204500-257987,7485284,433175-626