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Soluna Holdings Inc

Financial Services US SLNH

1.42USD
0.05(3.65%)

Last update at 2026-06-09T20:27:00Z

Day Range

1.291.55
LowHigh

52 Week Range

1.409.75
LowHigh

Fundamentals

  • Previous Close 1.37
  • Market Cap9.33M
  • Volume20629183
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA1.98M
  • Revenue TTM30.53M
  • Revenue Per Share TTM16.97
  • Gross Profit TTM 11.90M
  • Diluted EPS TTM-19.48

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -108.36200M -6.34400M 1.55M 0.29M -
Minority interest 0.38M - - - -
Net income -107.01600M -6.38800M 1.95M 0.32M -
Selling general administrative 19.20M 10.75M 3.58M 2.73M -
Selling and marketing expenses - - - - -
Gross profit -7.95900M 6.28M 6.53M 4.37M -
Reconciled depreciation 28.42M 3.87M 0.16M 0.09M -
Ebit -84.79000M -4.47600M 1.45M 0.26M 1.52M
Ebitda -8.23000M -0.59300M 1.61M 0.35M -
Depreciation and amortization 76.56M 3.88M 0.16M 0.09M -
Non operating income net other - - - - -
Operating income -84.79000M -4.47600M 1.45M 0.26M -
Other operating expenses 65.22M 18.82M 8.15M 6.31M 0.41M
Interest expense 8.38M 1.88M 0.10M 0.04M 0.00000M
Tax provision -1.34600M 0.04M -0.39200M -0.02800M -
Interest income - - - - -
Net interest income -8.37500M -1.87900M - - -
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense -1.34600M 0.04M -0.39200M -0.02800M -0.39200M
Total revenue 28.55M 14.35M 9.60M 6.57M -
Total operating expenses 28.71M 10.75M 5.08M 4.11M -
Cost of revenue 36.51M 8.07M 3.07M 2.21M -
Total other income expense net -23.57200M -1.86800M 0.10M 0.04M -
Discontinued operations - 1.13M 3.16M 3.16M 3.16M
Net income from continuing ops -107.01600M -6.38800M 1.95M 0.32M -
Net income applicable to common shares - -5.89100M 1.95M 0.32M 1.94M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 91.28M 84.96M 117.69M 8.65M 5.75M
Intangible assets 27.01M 36.43M 45.84M - -
Earning assets - - - - -
Other current assets 1.52M 1.33M 14.19M 0.35M 0.06M
Total liab 37.92M 38.69M 26.71M 2.73M 1.92M
Total stockholder equity 26.51M 41.87M 90.99M 5.92M 3.83M
Deferred long term liab - - - - -
Other current liab 4.93M 2.72M 4.10M 1.02M 0.76M
Common stock 0.00300M 0.02M 0.01M 0.11M 0.11M
Capital stock - 0.02M 0.02M 0.11M 0.11M
Retained earnings -250.97000M -221.76900M -123.68400M -117.79300M -119.73900M
Other liab - - 10.79M 0.20M -
Good will - - - - -
Other assets 0.00000M - 1.12M 1.07M 0.40M
Cash 9.37M 1.14M 10.26M 2.63M 2.51M
Cash and equivalents - - - - -
Total current liabilities 28.18M 29.52M 15.68M 1.64M 1.14M
Current deferred revenue 1.59M 0.45M 0.32M - -
Net debt 10.41M 21.74M -1.71600M -1.42300M -1.56300M
Short term debt 19.56M 22.79M 8.30M 0.32M 0.17M
Short long term debt - 22.63M 8.12M - -
Short long term debt total 19.77M 22.88M 8.54M 1.21M 0.95M
Other stockholder equity 277.48M 263.61M 214.66M 123.60M 123.47M
Property plant equipment - - 45.00M 2.05M 1.12M
Total current assets 14.28M 4.64M 24.98M 4.78M 4.24M
Long term investments - 0.00000M 0.75M 0.75M 0.00000M
Net tangible assets - - 45.15M 5.92M 3.83M
Short term investments - - - - -
Net receivables 3.39M 0.32M 0.53M 0.97M 0.74M
Long term debt - - - - -
Inventory - 0.89M 0.00000M 0.83M 0.92M
Accounts payable 2.10M 3.55M 2.96M 0.30M 0.21M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 0.00000M - - - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 3.98M 0.98M 1.12M 0.31M -
Deferred long term asset charges - - - - -
Non current assets total 76.99M 80.32M 92.71M 3.87M 1.52M
Capital lease obligations - 0.24M 0.42M 1.21M 0.95M
Long term debt total - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments -11.73600M -45.63000M -57.30500M -0.75000M -0.75000M
Change to liabilities - - 3.08M 0.09M 0.00900M
Total cashflows from investing activities - - -57.30500M -1.58500M -0.08300M
Net borrowings - - 16.00M 16.00M 16.00M
Total cash from financing activities 1.50M 42.94M 59.38M 0.08M -3.46700M
Change to operating activities - - 0.58M -0.13400M -0.22900M
Net income -29.20100M -107.01600M -6.38800M 1.95M 0.32M
Change in cash 7.55M -8.43700M 7.63M 0.12M -3.26100M
Begin period cash flow 1.82M 10.26M 2.63M 2.51M 5.77M
End period cash flow 9.37M 1.82M 10.26M 2.63M 2.51M
Total cash from operating activities -2.98700M -5.74900M 5.55M 1.62M 0.29M
Issuance of capital stock 3.67M 19.52M 45.22M 0.00000M -
Depreciation 13.62M 28.42M 3.87M 0.16M 0.09M
Other cashflows from investing activities - - -0.03700M -0.03000M -0.03000M
Dividends paid 0.66M 3.85M 0.63M 0.63M 3.54M
Change to inventory - - 0.58M 0.10M -0.09400M
Change to account receivables -2.62000M 0.21M -0.47100M -0.23000M 0.12M
Sale purchase of stock - - -14.66200M - -
Other cashflows from financing activities -1.00200M 48.43M 42.76M 0.08M 0.07M
Change to netincome - - 1.88M -0.31000M 0.07M
Capital expenditures 12.76M 63.76M 57.27M 0.83M 0.08M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 2.27M 0.14M 3.19M -0.17300M -0.18900M
Stock based compensation 4.31M 3.67M 1.94M 0.04M 0.03M
Other non cash items 42.15M 70.43M 2.90M 3.17M 0.04M
Free cash flow -15.75000M -69.50900M -51.71600M 0.79M 0.21M

Peer Comparison

Sector: Financial Services Industry: Capital Markets

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
SLNH
Soluna Holdings Inc
0.05 3.65% 1.42 - - 0.22 0.17 0.85 -1.4449
GS
Goldman Sachs Group Inc
-12.99 1.24% 1032.01 17.21 16.00 4.47 2.26 11.15
MS
Morgan Stanley
-1.99 0.94% 210.25 16.50 13.76 2.80 1.65
SCHW
Charles Schwab Corp
0.69 0.78% 88.77 22.86 17.39 6.14 4.28
CIIHF
CITIC Securities Company Limited
- -% 3.50 12.33 7.94 0.69 1.13 7.69

Reports Covered

Stock Research & News

Profile

Soluna Holdings, Inc. together with its subsidiaries, engages in the mining of cryptocurrency through data centers. It operates through two segments, Cryptocurrency Mining and Data Center Hosting. The company also operates in the blockchain business. In addition, the company develops and builds modular data centers that use for cryptocurrency mining. Further, it provides data center hosting services, including electrical power and network connectivity to cryptocurrency mining customers. The company was formerly known as Mechanical Technology Inc and as changed to Soluna Holdings, Inc. Soluna Holdings, Inc. was incorporated in 1961 and is headquartered in Albany, New York.

Soluna Holdings Inc

325 Washington Avenue Extension, Albany, NY, United States, 12205

Key Executives

Name Title Year Born
Mr. Michael M. Toporek CEO & Director 1966
Mr. Philip Franklin Patman Jr., J.D. CFO, Company Sec. & Treasurer 1968
Mary O'Reilly Chief People Officer of Soluna Computing, NA
Mr. Dipul Patel Chief Technology Officer of Soluna Computing NA
Ms. Lisa Brennan Corp. Controller NA
Chase Stowell Controller NA
Mr. George Relan Global Director of Sales - Precision Instruments NA
Ms. Kim Su Lloyd Marketing Consultant - MTI Instruments NA
Mr. Michael M. Toporek Executive Chairman 1966
Mr. John Belizaire CEO & Director 1973

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