Breakdown | |||||
TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
39.87M | 21.07M | 28.55M | 14.35M | 9.60M | 6.57M | Gross Profit |
10.55M | 14.70M | -7.96M | 6.28M | 6.53M | 4.37M | EBIT |
-14.55M | -20.24M | -84.79M | -4.48M | 1.45M | 259.00K | EBITDA |
-6.27M | -12.41M | -71.77M | -762.00K | -1.46M | 346.00K | Net Income Common Stockholders |
-30.02M | -29.20M | -107.02M | -6.39M | 1.95M | 323.00K |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
2.17M | 6.37M | 1.14M | 10.26M | 2.63M | 2.51M | Total Assets |
5.60M | 91.28M | 84.96M | 117.69M | 8.65M | 5.75M | Total Debt |
731.00K | 19.77M | 22.88M | 8.54M | 1.21M | 947.00K | Net Debt |
-687.00K | 13.41M | 21.74M | -1.72M | -1.42M | -1.56M | Total Liabilities |
1.90M | 37.92M | 38.69M | 26.71M | 2.73M | 1.92M | Stockholders Equity |
3.71M | 26.51M | 41.87M | 90.99M | 5.92M | 3.83M |
Cash Flow | Free Cash Flow | ||||
-6.20M | -15.69M | -69.51M | -51.72M | 787.00K | 206.00K | Operating Cash Flow |
-2.00M | -2.99M | -5.75M | 5.55M | 1.62M | 289.00K | Investing Cash Flow |
-7.25M | -10.33M | -45.63M | -57.30M | -1.58M | -83.00K | Financing Cash Flow |
11.39M | 21.86M | 38.16M | 59.38M | 83.00K | -3.47M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
63 Neutral | $2.70B | 22.42 | 4.35% | ― | 34.20% | ― | |
58 Neutral | $21.35B | 9.96 | -19.72% | 2.38% | 5.03% | -22.83% | |
55 Neutral | $4.61B | 9.55 | 18.84% | ― | 69.38% | 30.30% | |
43 Neutral | $9.76M | ― | -121.02% | ― | 163.50% | 84.70% | |
37 Underperform | $31.32M | ― | 242.25% | ― | ― | ― |
Soluna Holdings, Inc. recently hosted an ‘Ask Me Anything’ session on January 16, 2025, where management addressed various operational topics. Key discussions included the company’s approach to resuming dividend payments based on cash flow evaluations, and their financing strategies for HPC data center projects. Updates were provided on projects like Project Grace and Project Kati, with tentative timelines and cost structures discussed. The session also highlighted the company’s strategy to optimize sustainable power access and data center development, aiming to enhance its value and industry position.
Soluna Holdings, Inc. has announced several corporate and operational developments including a milestone achievement of monetizing over 100 GWh of curtailed energy at Project Dorothy, equivalent to powering approximately 11,500 H100s for a year. The company has signed AI deals, completed convertible notes payoff, launched flexible financing for AI enterprises, and appointed a new advisory board member. Key project updates include the near completion of customer deployments at Project Dorothy, progress in substation interconnection planning for Project Dorothy 2, and ongoing design and negotiation efforts for Project Kati. Additionally, Soluna is expanding its AI and Bitcoin hosting capabilities and has reached agreements for further deployments with key customers.
Soluna Holdings, Inc. announced the completion of converting and paying off its outstanding convertible notes, eliminating $772,000 of debt from its balance sheet. This strategic move enhances Soluna’s financial stability, allowing it to concentrate on advancing AI, renewable energy, and computing infrastructure projects, thereby positioning itself as a leader in sustainable high-performance computing.
Soluna Holdings, Inc. has reported significant growth with a $18.8 million increase in year-to-date revenue, reaching a record $29.7 million. The company, known for co-locating data centers with renewable energy plants, continues to expand its projects including new deployments and partnerships in Bitcoin mining and AI cloud services. Recent updates highlight progress in large-scale projects like Project Dorothy and new initiatives like Project Grace, demonstrating Soluna’s commitment to integrating renewable energy with computing resources.
At a Special Meeting, stockholders approved the issuance of additional Common Stock under a Standby Equity Purchase Agreement and amendments to a Securities Purchase Agreement, potentially exceeding 20% of the total shares, while also amending the 2021 Stock Incentive Plan to alter stock award calculations. The proposals received significant support, reflecting investor confidence in these strategic financial moves.
Soluna Holdings, Inc., a pioneer in green data centers for Bitcoin mining and AI, has announced significant corporate and project developments in its latest update. The company has made progress towards accessing a $25 million equity agreement and introduced new projects like Grace and Ada, focusing on AI and renewable energy. Key upgrades in their sites, such as Project Dorothy and Project Sophie, highlight Soluna’s commitment to sustainable and efficient computing solutions. These advancements underline Soluna’s mission to harness renewable energy for high-performance computing applications.