Soluna Holdings Past Earnings Performance
Past criteria checks 0/6
Soluna Holdings's earnings have been declining at an average annual rate of -63.9%, while the Software industry saw earnings growing at 14.2% annually. Revenues have been growing at an average rate of 34.4% per year.
Key information
-63.9%
Earnings growth rate
-57.6%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | 34.4% |
| Return on equity | -46.7% |
| Net Margin | -114.5% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Soluna Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 31 | -35 | 15 | 0 |
| 31 Dec 23 | 21 | -37 | 16 | 0 |
| 30 Sep 23 | 15 | -54 | 15 | 0 |
| 30 Jun 23 | 16 | -105 | 18 | 0 |
| 31 Mar 23 | 22 | -112 | 19 | 0 |
| 31 Dec 22 | 29 | -112 | 19 | 0 |
| 30 Sep 22 | 33 | -87 | 18 | 0 |
| 30 Jun 22 | 30 | -30 | 15 | 0 |
| 31 Mar 22 | 23 | -16 | 13 | 0 |
| 31 Dec 21 | 14 | -7 | 9 | 0 |
| 30 Sep 21 | -1 | -6 | 5 | -1 |
| 30 Jun 21 | -1 | -4 | 4 | -1 |
| 31 Mar 21 | 0 | -2 | 2 | 0 |
| 31 Dec 20 | 1 | -1 | 2 | 0 |
| 30 Sep 20 | 9 | 2 | 3 | 1 |
| 30 Jun 20 | 7 | 0 | 3 | 1 |
| 31 Mar 20 | 7 | 0 | 3 | 1 |
| 31 Dec 19 | 7 | 0 | 3 | 1 |
| 30 Sep 19 | 8 | 2 | 3 | 1 |
| 30 Jun 19 | 8 | 2 | 3 | 1 |
| 31 Mar 19 | 8 | 2 | 3 | 1 |
| 31 Dec 18 | 8 | 2 | 3 | 1 |
| 30 Sep 18 | 7 | 1 | 3 | 1 |
| 30 Jun 18 | 7 | 1 | 3 | 1 |
| 31 Mar 18 | 7 | 1 | 3 | 1 |
| 31 Dec 17 | 7 | 1 | 3 | 1 |
| 30 Sep 17 | 7 | 0 | 3 | 1 |
| 30 Jun 17 | 7 | 0 | 3 | 1 |
| 31 Mar 17 | 7 | 0 | 4 | 1 |
| 31 Dec 16 | 7 | 0 | 3 | 1 |
| 30 Sep 16 | 7 | -2 | 3 | 1 |
| 30 Jun 16 | 6 | -3 | 3 | 1 |
| 31 Mar 16 | 6 | -3 | 4 | 2 |
| 31 Dec 15 | 6 | -3 | 4 | 2 |
| 30 Sep 15 | 8 | 0 | 4 | 1 |
| 30 Jun 15 | 9 | 0 | 4 | 1 |
| 31 Mar 15 | 9 | 1 | 4 | 1 |
| 31 Dec 14 | 9 | 1 | 4 | 1 |
| 30 Sep 14 | 7 | 3 | 3 | 1 |
| 30 Jun 14 | 8 | 3 | 3 | 1 |
| 31 Mar 14 | 8 | 3 | 3 | 1 |
| 31 Dec 13 | 8 | 4 | 3 | 1 |
| 30 Sep 13 | 9 | 1 | 3 | 1 |
| 30 Jun 13 | 8 | -1 | 3 | 1 |
Quality Earnings: SLNH.P is currently unprofitable.
Growing Profit Margin: SLNH.P is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SLNH.P is unprofitable, and losses have increased over the past 5 years at a rate of 63.9% per year.
Accelerating Growth: Unable to compare SLNH.P's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SLNH.P is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (23.1%).
Return on Equity
High ROE: SLNH.P has a negative Return on Equity (-46.7%), as it is currently unprofitable.