Market cap
$294 Mln
Revenue (TTM)
$42 Mln
P/E Ratio
--
P/B Ratio
1.6
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 60.32 | 144.56 | 50.86 | 38.89 | 33.63 |
| EBIT | -21.38 | -178.14 | -27.24 | 6.69 | -354.60 |
| Net Profit | -21.60 | -196.52 | -16.44 | 7.95 | -388.79 |
| EPS | 23.87 | 67.89 | 69.91 | 25.75 | -220.83 |
| Book Value | -- | -- | -- | -69.05 | -34.22 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| -133.77 | -112.18 | -182.59 | -183.30 | -124.65 |
| Net Margin
| -- | -- | -182.17 | -- | -- |
| Return on equity
| -413.32 | -279.88 | -69.10 | -252.03 | -902.52 |
| Return on Capital
| -131.53 | -104.94 | -- | -114.29 | -227.71 |
| Return on Assets
| -47.49 | -49.65 | -26.99 | -38.71 | -70.64 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.53 | -1.75 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Soluna Holdings (SLNH)
|
--
|
-114.29
|
-227.71
|
-52.60
|
-120.18
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
-69.10
Lower than Peers by 87.96
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Soluna Holdings (SLNH)
|
-69.10
|
-252.03
|
-902.52
|
-85.41
|
-148.61
|
|
Peer Median
|
18.86
|
--
|
--
|
--
|
--
|
ROA
-26.99
Lower than Peers by 32.03
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Soluna Holdings (SLNH)
|
-26.99
|
-38.71
|
-70.64
|
-33.14
|
-97.42
|
|
Peer Median
|
5.04
|
--
|
--
|
--
|
--
|
EBIT Margin
-182.59
Lower than Peers by 194.08
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Soluna Holdings (SLNH)
|
-182.59
|
-183.30
|
-124.65
|
-93.35
|
-128.45
|
|
Peer Median
|
11.50
|
--
|
--
|
--
|
--
|
Net Margin
-182.17
Lower than Peers by 190.59
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Soluna Holdings (SLNH)
|
-182.17
|
-179.73
|
-166.58
|
-138.62
|
-345.80
|
|
Peer Median
|
8.43
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Soluna Holdings (SLNH)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
50.86
Higher than Peers by 41.68
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Soluna Holdings (SLNH)
|
50.86
|
-0.22
|
0.80
|
-0.26
|
0.99
|
|
Peer Median
|
9.18
|
--
|
--
|
--
|
--
|
EBIT Growth
-27.24
Lower than Peers by 41.82
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Soluna Holdings (SLNH)
|
-27.24
|
-14.94
|
-140.99
|
46.37
|
-721.23
|
|
Peer Median
|
14.59
|
--
|
--
|
--
|
--
|
Net Profit Growth
-16.44
Lower than Peers by 30.86
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Soluna Holdings (SLNH)
|
-16.44
|
15.67
|
-116.89
|
70.42
|
-1,776.35
|
|
Peer Median
|
14.42
|
--
|
--
|
--
|
--
|
EPS Growth
69.91
Higher than Peers by 46.57
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Soluna Holdings (SLNH)
|
69.91
|
0.69
|
0.71
|
0.86
|
-13.99
|
|
Peer Median
|
23.34
|
--
|
--
|
--
|
--
|
Book Value Growth
191.72
Higher than Peers by 177.43
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Soluna Holdings (SLNH)
|
191.72
|
--
|
--
|
--
|
--
|
|
Peer Median
|
14.29
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Soluna Holdings (SLNH)
|
--
|
0.53
|
-1.75
|
0.75
|
0.55
|
|
Peer Median
|
0.35
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.19
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Soluna Holdings (SLNH)
|
0.19
|
0.16
|
-1.17
|
0.74
|
0.54
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.06
Higher than Peers by 0.61
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Soluna Holdings (SLNH)
|
2.06
|
1.87
|
0.28
|
0.51
|
0.13
|
|
Peer Median
|
1.44
|
--
|
--
|
--
|
--
|
Quick Ratio
2.06
Higher than Peers by 0.64
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Soluna Holdings (SLNH)
|
2.06
|
--
|
--
|
0.46
|
0.10
|
|
Peer Median
|
1.42
|
--
|
--
|
--
|
--
|
Interest Coverage
-9.59
Lower than Peers by 18.60
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Soluna Holdings (SLNH)
|
-9.59
|
-11.27
|
-18.75
|
-7.16
|
-4.38
|
|
Peer Median
|
9.01
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
16.01
Lower than Peers by 2.88
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Soluna Holdings (SLNH)
|
16.01
|
18.58
|
7.12
|
16.11
|
1.89
|
|
Peer Median
|
18.89
|
--
|
--
|
--
|
--
|
Asset Turnover
0.15
Lower than Peers by 0.34
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Soluna Holdings (SLNH)
|
0.15
|
0.22
|
0.42
|
0.24
|
0.28
|
|
Peer Median
|
0.49
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Soluna Holdings (SLNH)
|
--
|
50.56
|
29.30
|
34.10
|
6.85
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Soluna Holdings (SLNH)
|
--
|
--
|
34.25
|
75.12
|
45.40
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Soluna Holdings (SLNH)
|
--
|
60.45
|
59.73
|
184.12
|
332.63
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Soluna Holdings (SLNH)
|
--
|
--
|
3.82
|
-74.91
|
-280.39
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
--
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Soluna Holdings (SLNH)
|
--
|
-0.64
|
-0.35
|
-0.19
|
0.00
|
|
Peer Median
|
25.44
|
--
|
--
|
--
|
--
|
Price / Book Value
1.63
Lower than Peers by 4.11
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Soluna Holdings (SLNH)
|
1.63
|
0.62
|
-1.78
|
0.21
|
0.00
|
|
Peer Median
|
5.74
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Soluna Holdings (SLNH)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
-0.63
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Soluna Holdings (SLNH)
|
-0.63
|
0.35
|
-1.14
|
-3.03
|
-2.59
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
294
Lower than Peers by 1,019
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Soluna Holdings (SLNH)
|
294
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1,312
|
--
|
--
|
--
|
--
|