NYSEAMERICAN : SLI
Standard Lithium Ltd. — Financial statements
Materials · Other Industrial Metals & Mining · Canada
Last price 1.385 USD (Oct 30, 2026, 10:22 AM EDT) · Market cap 345.58M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cost of Revenue | 5.21M | 4.46M | 5.31M | 7.32M | 12.11M | 9.14M |
| Gross Profit | -5.21M | -4.46M | -5.31M | -7.32M | -12.11M | -9.14M |
| Selling, General & Admin | 13.56M | 12.83M | 18.07M | 18.90M | 11.42M | 7.40M |
| Amortization of Goodwill & Intangibles | 83.07K | 148.29K | ||||
| Other Operating Expenses | 26.00K | 25.00K | 67.54K | |||
| Operating Expenses | 19.85M | 19.44M | 23.41M | 26.84M | 24.70M | 21.38M |
| Operating Income | -25.05M | -23.91M | -28.72M | -34.16M | -36.81M | -30.53M |
| Interest Expense | -24.00K | -33.00K | -56.00K | -62.00K | -34.74K | -14.75K |
| Interest & Investment Income | 3.71M | 1.86M | 512.00K | 922.00K | 2.53M | 260.86K |
| Earnings From Equity Investments | -7.09M | -6.36M | -865.00K | -158.00K | ||
| Currency Exchange Gain (Loss) | 2.30M | -3.33M | 542.00K | 639.00K | 3.05M | 1.20M |
| Other Non Operating Income (Expenses) | 100.00K | -441.78K | -500.76K | |||
| EBT Excluding Unusual Items | -26.07M | -31.77M | -28.59M | -32.82M | -31.71M | -29.58M |
| Gain (Loss) on Sale of Investments | 428.00K | 6.90M | 1.44M | 391.00K | ||
| Gain (Loss) on Sale of Assets | 164.10M | 164.10M | ||||
| Asset Writedown | -26.47M | -26.47M | -19.68M | |||
| Other Unusual Items | -152.00K | -152.00K | -1.29M | |||
| Pretax Income | -52.26M | -51.49M | 115.98M | 131.67M | -31.71M | -29.58M |
| Income Tax Expense | -4.61M | -3.09M | 24.89M | 25.87M | ||
| Net Income | -47.66M | -48.40M | 91.09M | 105.80M | -31.71M | -29.58M |
| Net Income to Common | -47.66M | -48.40M | 91.09M | 105.80M | -31.71M | -29.58M |
| Shares Outstanding (Basic) | 230.55M | 206.37M | 183.27M | 176.93M | 168.58M | 155.45M |
| Shares Outstanding (Diluted) | 230.55M | 206.37M | 183.83M | 179.42M | 168.58M | 155.45M |
| EPS (Basic) | -0.21 | -0.23 | 0.50 | 0.60 | -0.19 | -0.19 |
| EPS (Diluted) | -0.21 | -0.23 | 0.50 | 0.59 | -0.19 | -0.19 |
| Free Cash Flow | -14.63M | -12.67M | -29.30M | -50.48M | -59.17M | -21.53M |
| Free Cash Flow Per Share | -0.06 | -0.06 | -0.16 | -0.28 | -0.35 | -0.14 |
| EBITDA | -24.53M | -22.99M | -27.53M | -33.02M | -36.56M | -20.01M |
| D&A For EBITDA | 522.00K | 922.00K | 1.19M | 1.14M | 244.68K | 10.52M |
| EBIT | -25.05M | -23.91M | -28.72M | -34.16M | -36.81M | -30.53M |
| Effective Tax Rate | 21.46% | 19.65% | ||||
| Advertising Expenses | 411.57K | 371.10K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 137.25M | 152.31M | 31.18M | 38.67M | 45.02M | 100.20M |
| Cash & Short-Term Investments | 137.25M | 152.31M | 31.18M | 38.67M | 45.02M | 100.20M |
| Other Receivables | 353.42K | 881.18K | ||||
| Receivables | 353.42K | 881.18K | ||||
| Prepaid Expenses | 1.49M | 1.25M | ||||
| Restricted Cash | 1.16M | 1.16M | 518.00K | 345.00K | ||
| Other Current Assets | 6.78M | 4.21M | 1.61M | 2.50M | ||
| Total Current Assets | 145.19M | 157.69M | 33.30M | 41.52M | 46.86M | 102.33M |
| Property, Plant & Equipment | 1.08M | 1.29M | 28.56M | 48.20M | 78.50M | 36.51M |
| Long-Term Investments | 250.12M | 226.52M | 196.63M | 196.45M | 2.50M | 2.50M |
| Other Intangible Assets | 900.00K | 967.00K | 943.00K | 985.00K | 1.08M | 1.17M |
| Other Long-Term Assets | 48.00K | 52.00K | 58.00K | 142.00K | 2.08M | 72.20K |
| Total Assets | 397.34M | 386.52M | 259.50M | 287.29M | 131.02M | 142.58M |
| Accounts Payable | 2.65M | 3.04M | 1.10M | 7.39M | 8.49M | 4.28M |
| Accrued Expenses | 633.00K | 2.16M | 397.00K | 823.00K | ||
| Current Portion of Leases | 143.00K | 181.00K | 271.00K | 381.00K | 386.65K | 141.30K |
| Other Current Liabilities | 4.70M | 4.70M | 4.00M | 4.00M | 1.12M | 838.48K |
| Total Current Liabilities | 8.12M | 10.09M | 5.77M | 12.60M | 10.01M | 5.26M |
| Long-Term Leases | 23.00K | 76.00K | 206.00K | 342.00K | 558.07K | 161.48K |
| Long-Term Deferred Tax Liabilities | 19.41M | 21.80M | 24.89M | 25.87M | ||
| Other Long-Term Liabilities | 609.00K | 597.00K | 572.00K | 100.00K | 100.44K | 100.15K |
| Total Liabilities | 28.17M | 32.56M | 31.44M | 38.91M | 10.66M | 5.53M |
| Common Stock | 430.48M | 405.17M | 235.78M | 227.29M | 205.72M | 203.44M |
| Retained Earnings | -92.04M | -86.25M | -37.85M | -8.34M | -112.30M | -82.85M |
| Comprehensive Income & Other | 30.73M | 35.03M | 30.12M | 29.43M | 26.93M | 16.46M |
| Shareholders' Equity | 369.17M | 353.96M | 228.06M | 248.38M | 120.36M | 137.05M |
| Total Liabilities & Equity | 397.34M | 386.52M | 259.50M | 287.29M | 131.02M | 142.58M |
| Total Debt | 166.00K | 257.00K | 477.00K | 723.00K | 944.72K | 302.78K |
| Net Cash (Debt) | 137.09M | 152.06M | 30.70M | 37.94M | 44.07M | 99.90M |
| Net Cash Per Share | 0.59 | 0.74 | 0.17 | 0.21 | 0.26 | 0.64 |
| Filing Date Shares Outstanding | 246.78M | 243.02M | 193.94M | 184.58M | 172.85M | 166.55M |
| Total Common Shares Outstanding | 246.30M | 239.71M | 188.77M | 183.92M | 172.75M | 166.40M |
| Working Capital | 137.07M | 147.60M | 27.53M | 28.92M | 36.85M | 97.06M |
| Book Value Per Share | 1.50 | 1.48 | 1.21 | 1.35 | 0.70 | 0.82 |
| Tangible Book Value | 368.27M | 352.99M | 227.11M | 247.40M | 119.28M | 135.89M |
| Tangible Book Value Per Share | 1.50 | 1.47 | 1.20 | 1.35 | 0.69 | 0.82 |
| Machinery | 21.48M | 20.69M | ||||
| Leasehold Improvements | 141.22K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -47.66M | -48.40M | 91.09M | 105.80M | -31.71M | -29.58M |
| Depreciation & Amortization | 522.00K | 922.00K | 1.19M | 1.14M | 451.59K | 10.60M |
| Loss (Gain) From Sale of Assets | -164.10M | -164.10M | ||||
| Asset Writedown & Restructuring Costs | 26.47M | 26.47M | 19.68M | |||
| Loss (Gain) From Sale of Investments | -428.00K | -6.90M | -1.44M | -391.00K | ||
| Loss (Gain) on Equity Investments | 7.09M | 6.36M | 865.00K | 158.00K | ||
| Stock-Based Compensation | 6.26M | 6.59M | 5.34M | 7.94M | 12.83M | 3.32M |
| Other Operating Activities | -6.50M | 474.00K | 24.55M | 25.04M | -2.66M | -67.54K |
| Change in Accounts Receivable | -848.00K | 503.70K | -773.26K | |||
| Change in Accounts Payable | 1.24M | 4.32M | 2.57M | 5.06M | 3.01M | 468.15K |
| Change in Other Net Operating Assets | -1.61M | -2.48M | 49.00K | 1.27M | -1.38M | -641.28K |
| Operating Cash Flow | -14.61M | -12.65M | -21.05M | -18.08M | -18.97M | -16.68M |
| Capital Expenditures | -20.00K | -22.00K | -8.25M | -32.40M | -40.20M | -4.86M |
| Divestitures | 30.00M | 30.00M | ||||
| Sale (Purchase) of Intangibles | -42.00K | -36.00K | -30.96K | |||
| Investment in Securities | -48.04M | -29.07M | -2.42M | |||
| Other Investing Activities | -706.00K | -631.00K | -518.00K | -349.00K | ||
| Investing Cash Flow | -48.77M | -29.76M | 21.19M | -2.75M | -40.23M | -7.27M |
| Long-Term Debt Repaid | -317.00K | -470.00K | -237.12K | -84.62K | ||
| Lease Payments | -233.00K | -317.00K | -497.00K | -470.00K | -237.12K | -84.62K |
| Total Debt Repaid | -233.00K | -317.00K | -497.00K | -470.00K | -237.12K | -84.62K |
| Net Debt Issued (Repaid) | -233.00K | -317.00K | -497.00K | -470.00K | -237.12K | -84.62K |
| Issuance of Common Stock | 177.44M | 173.90M | 20.23M | 16.40M | 4.08M | 102.68M |
| Other Financing Activities | -10.14M | -10.01M | -766.00K | -1.23M | -56.64K | -168.47K |
| Financing Cash Flow | 167.06M | 163.58M | 18.97M | 14.70M | 3.79M | 102.42M |
| Foreign Exchange Rate Adjustments | -220.00K | -30.00K | 375.00K | -182.00K | 2.96M | |
| Net Cash Flow | 103.46M | 121.14M | 19.49M | -6.31M | -52.45M | 78.47M |
| Free Cash Flow | -14.63M | -12.67M | -29.30M | -50.48M | -59.17M | -21.53M |
| Free Cash Flow Per Share | -0.06 | -0.06 | -0.16 | -0.28 | -0.35 | -0.14 |
| Levered Free Cash Flow | -11.83M | -6.36M | -42.87M | -45.12M | -8.60M | |
| Unlevered Free Cash Flow | -11.81M | -6.34M | -42.83M | -45.10M | -8.59M | |
| Free Cash Flow After Leases | -14.86M | -12.98M | -29.80M | -50.95M | -59.41M | -21.62M |
| Change in Working Capital | -369.00K | 1.84M | 1.77M | 6.33M | 2.13M | -946.39K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 366.53M | 1.05B | 269.72M | 233.24M | 781.84M | 703.71M |
| Enterprise Value | 227.00M | 1.02B | 243.14M | 222.38M | 713.65M | 597.67M |
| Last Close Price | 1.44 | 4.47 | 1.46 | 1.25 | 4.50 | 4.24 |
| PE Ratio | 2.96 | 2.21 | ||||
| PB Ratio | 0.97 | 2.98 | 1.18 | 0.94 | 6.50 | 5.13 |
| P/TBV Ratio | 0.97 | 2.99 | 1.19 | 0.94 | 6.55 | 5.18 |
| Debt / Equity Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 |
| Net Debt / Equity Ratio | -0.37 | -0.43 | -0.14 | -0.15 | -0.37 | -0.73 |
| Net Debt / EBITDA Ratio | 5.59 | 6.62 | 1.11 | 1.15 | 1.21 | 4.99 |
| Net Debt / FCF Ratio | 9.37 | 12.00 | 1.05 | 0.75 | 0.74 | 4.64 |
| Quick Ratio | 16.90 | 15.10 | 5.40 | 3.07 | 4.54 | 19.20 |
| Current Ratio | 17.88 | 15.63 | 5.77 | 3.30 | 4.68 | 19.44 |
| Return on Equity (ROE) | -15.55% | -16.63% | 58.00% | -25.00% | -30.72% | |
| Return on Assets (ROA) | -4.66% | -4.63% | -10.31% | -17.06% | -19.07% | |
| Return on Invested Capital (ROIC) | -11.04% | -11.98% | -11.06% | -19.15% | -64.90% | -84.44% |
| Return on Capital Employed (ROCE) | -6.40% | -6.40% | -11.30% | -12.40% | -30.40% | -22.20% |
| Earnings Yield | -14.28% | -4.59% | 33.77% | 45.36% | -4.06% | -4.20% |
| FCF Yield | -4.07% | -1.20% | -10.86% | -21.64% | -7.57% | -3.06% |
| Buyback Yield / Dilution | -21.28% | -12.26% | -2.46% | -6.43% | -8.44% | -27.98% |