SOLID Stock Overview

Engages in the information technology, software development, and creation and marketing of computer games businesses in the Iceland and internationally. More details

SOLID fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Has less than 1 year of cash runway

Earnings have declined by 48.1% per year over past 5 years

Shareholders have been substantially diluted in the past year

Makes less than USD$1m in revenue (ISK39M)

+ 2 more risks

My Notes

Capture your thoughts, links and company narrative

Solid Clouds hf Competitors

DRAGO entertainment Spólka Akcyjna

WSE:DGE

zł20.3m

Taiwan Taomee

TPEX:6428

NT$186.5m

TruGolf Holdings

NasdaqGM:TRUG

US$5.8m

Vivid Games

WSE:VVD

zł19.0m

Price History & Performance

Summary of share price highs, lows and changes for Solid Clouds hf
Historical stock prices
Current Share Price	ISK 2.20
52 Week High	ISK 3.90
52 Week Low	ISK 1.00
Beta	0.016
1 Month Change	-26.67%
3 Month Change	69.23%
1 Year Change	-18.52%
3 Year Change	-76.03%
5 Year Change	n/a
Change since IPO	-82.40%

Recent updates

Shareholder Returns

	SOLID	IS Entertainment	IS Market
7D	0%	-6.7%	-1.4%
1Y	-18.5%	-7.3%	10.5%

Return vs Industry: SOLID underperformed the IS Entertainment industry which returned -7.3% over the past year.

Return vs Market: SOLID underperformed the IS Market which returned 10.5% over the past year.

Price Volatility

Is SOLID's price volatile compared to industry and market?
SOLID volatility
SOLID Average Weekly Movement	52.1%
Entertainment Industry Average Movement	5.9%
Market Average Movement	3.0%
10% most volatile stocks in IS Market	4.2%
10% least volatile stocks in IS Market	2.3%

Stable Share Price: SOLID's share price has been volatile over the past 3 months compared to the IS market.

Volatility Over Time: SOLID's weekly volatility has decreased from 60% to 52% over the past year, but is still higher than 75% of IS stocks.

About the Company

Founded	Employees	CEO	Website
2013	20	Gunnarsson Stefán	www.solidclouds.com

Solid Clouds hf engages in the information technology, software development, and creation and marketing of computer games businesses in the Iceland and internationally. It offers Starborne Sovereign Space and Starborne Frontiers games. The company was incorporated in 2013 and is based in Seltjarnarnes, Iceland.

Solid Clouds hf Fundamentals Summary

How do Solid Clouds hf's earnings and revenue compare to its market cap?
SOLID fundamental statistics
Market cap	ISK 729.96m
Earnings (TTM)	-ISK 135.90m
Revenue (TTM)	ISK 38.73m

18.8x

P/S Ratio

-5.4x

P/E Ratio

Is SOLID overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOLID income statement (TTM)
Revenue	ISK 38.73m
Cost of Revenue	ISK 184.87m
Gross Profit	-ISK 146.14m
Other Expenses	-ISK 10.24m
Earnings	-ISK 135.90m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.41
Gross Margin	-377.36%
Net Profit Margin	-350.92%
Debt/Equity Ratio	0%

How did SOLID perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 06:57
End of Day Share Price	2024/12/20 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Solid Clouds hf is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution