NYSEAMERICAN : SLSR

Solaris Resources Inc. — Financial statements

Materials · Other Precious Metals & Mining · Switzerland

Last price 6.59 USD (Oct 30, 2026, 10:20 AM EDT) · Market cap 1.10B

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Financial statements

Income statement

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Selling, General & Admin11.20M12.94M11.47M10.22M8.82M9.50M
Operating Expenses27.39M48.29M72.98M41.42M60.31M59.35M
Operating Income-27.39M-48.29M-72.98M-41.42M-60.31M-59.35M
Interest Expense-4.75M-5.58M-4.89M-146.00K
Interest & Investment Income1.36M1.13M2.01M590.00K366.00K398.00K
Currency Exchange Gain (Loss)1.42M1.37M-1.04M
Other Non Operating Income (Expenses)-136.00K-155.00K-175.00K-105.00K1.23M2.10M
EBT Excluding Unusual Items-29.49M-51.53M-77.08M-41.08M-58.72M-56.86M
Gain (Loss) on Sale of Assets9.81M
Pretax Income-29.49M-41.72M-77.08M-41.08M-58.72M-56.86M
Income Tax Expense568.00K568.00K
Earnings From Continuing Operations-30.06M-42.29M-77.08M-41.08M-58.72M-56.86M
Minority Interest in Earnings63.00K62.00K64.00K75.00K59.00K61.00K
Net Income-30.00M-42.23M-77.02M-41.01M-58.66M-56.80M
Net Income to Common-30.00M-42.23M-77.02M-41.01M-58.66M-56.80M
Shares Outstanding (Basic)166.62M165.13M157.32M142.12M113.60M107.59M
Shares Outstanding (Diluted)166.62M165.13M157.32M142.12M113.60M107.59M
EPS (Basic)-0.18-0.26-0.49-0.29-0.52-0.53
EPS (Diluted)-0.18-0.26-0.49-0.29-0.52-0.53
Free Cash Flow6.04M44.10M-61.05M-38.40M-59.51M-48.34M
Free Cash Flow Per Share0.040.27-0.39-0.27-0.52-0.45
EBITDA-26.86M-47.43M-72.20M-40.42M-59.70M-59.05M
D&A For EBITDA520.00K861.00K772.00K1.00M603.00K298.00K
EBIT-27.39M-48.29M-72.98M-41.42M-60.31M-59.35M

Balance sheet

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Cash & Equivalents54.01M25.21M31.74M38.87M14.77M33.90M
Cash & Short-Term Investments54.01M25.21M31.74M38.87M14.77M33.90M
Other Receivables162.00K76.00K165.00K198.00K251.00K147.00K
Receivables162.00K76.00K165.00K198.00K251.00K147.00K
Inventory168.00K156.00K143.00K95.00K102.00K86.00K
Prepaid Expenses792.00K519.00K534.00K230.00K137.00K724.00K
Total Current Assets55.14M25.96M32.58M39.39M15.26M34.85M
Property, Plant & Equipment47.20M31.25M24.05M21.86M22.96M22.72M
Other Long-Term Assets571.00K821.00K571.00K571.00K313.00K74.00K
Total Assets102.91M58.03M57.20M61.82M38.53M57.65M
Accounts Payable1.45M2.34M5.55M5.27M8.34M10.75M
Accrued Expenses5.05M5.43M7.29M
Current Portion of Leases41.00K57.00K216.00K88.00K145.00K136.00K
Current Income Taxes Payable14.00K568.00K
Other Current Liabilities365.00K1.78M
Total Current Liabilities6.55M8.40M13.05M5.36M8.85M12.67M
Long-Term Debt49.21M29.36M
Long-Term Leases347.00K420.00K217.00K3.00K90.00K188.00K
Long-Term Unearned Revenue141.33M93.67M
Other Long-Term Liabilities4.97M4.51M4.00M1.67M1.37M1.67M
Total Liabilities153.20M107.01M66.48M36.39M10.30M14.53M
Common Stock253.58M252.41M244.72M206.36M169.95M119.56M
Retained Earnings-333.26M-324.81M-282.58M-205.57M-164.56M-105.90M
Comprehensive Income & Other21.57M15.57M20.66M16.72M14.92M21.55M
Total Common Equity-58.11M-56.83M-17.20M17.52M20.32M35.21M
Minority Interest7.82M7.85M7.91M7.91M7.91M7.91M
Shareholders' Equity-50.29M-48.98M-9.29M25.43M28.23M43.12M
Total Liabilities & Equity102.91M58.03M57.20M61.82M38.53M57.65M
Total Debt388.00K477.00K49.64M29.45M235.00K324.00K
Net Cash (Debt)53.63M24.73M-17.90M9.41M14.54M33.57M
Net Cash Per Share0.320.15-0.110.070.130.31
Filing Date Shares Outstanding167.07M166.90M163.23M150.82M146.52M108.85M
Total Common Shares Outstanding167.07M166.90M163.23M150.81M122.66M108.83M
Working Capital48.58M17.56M19.52M34.03M6.41M22.18M
Book Value Per Share-0.35-0.34-0.110.120.170.32
Tangible Book Value-58.11M-56.83M-17.20M17.52M20.32M35.21M
Tangible Book Value Per Share-0.35-0.34-0.110.120.170.32
Machinery1.44M1.03M873.00K648.00K605.00K456.00K
Construction In Progress523.00K490.00K1.24M31.00K272.00K

Cash flow statement

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Net Income-30.00M-42.23M-77.02M-41.01M-58.66M-56.80M
Depreciation & Amortization747.00K1.10M1.01M1.18M783.00K408.00K
Loss (Gain) From Sale of Assets-600.00K
Stock-Based Compensation4.93M3.90M4.00M5.13M3.51M4.90M
Other Operating Activities2.35M4.47M6.26M-157.00K-1.78M-1.43M
Change in Accounts Payable-4.90M-8.99M7.57M-3.40M-2.54M7.47M
Change in Unearned Revenue50.00M90.00M
Change in Other Net Operating Assets-441.00K9.00K-209.00K-67.00K298.00K-623.00K
Operating Cash Flow22.68M48.27M-58.39M-38.31M-58.39M-46.66M
Capital Expenditures-16.63M-4.17M-2.66M-89.00K-1.12M-1.68M
Sale (Purchase) of Real Estate600.00K
Other Investing Activities1.35M876.00K1.99M-258.00K-239.00K-4.00K
Investing Cash Flow-15.28M-3.29M-663.00K-347.00K-1.35M-1.09M
Long-Term Debt Issued15.00M15.00M30.00M
Long-Term Debt Repaid-60.25M-240.00K-162.00K-155.00K-265.00K
Lease Payments-240.00K-250.00K-240.00K-162.00K-155.00K-265.00K
Net Debt Issued (Repaid)-240.00K-45.25M14.76M29.84M-155.00K-265.00K
Issuance of Common Stock707.00K39.65M32.34M40.93M7.00M
Other Financing Activities-66.00K-7.31M-1.93M94.00K479.00K483.00K
Financing Cash Flow-306.00K-51.85M52.48M62.27M41.25M7.21M
Foreign Exchange Rate Adjustments-124.00K353.00K-548.00K488.00K-634.00K839.00K
Net Cash Flow6.97M-6.53M-7.13M24.09M-19.13M-39.70M
Free Cash Flow6.04M44.10M-61.05M-38.40M-59.51M-48.34M
Free Cash Flow Per Share0.040.27-0.39-0.27-0.52-0.45
Levered Free Cash Flow-31.70M-37.24M-39.07M-23.22M-37.88M-28.94M
Unlevered Free Cash Flow-28.73M-33.75M-36.01M-23.12M-37.88M-28.94M
Free Cash Flow After Leases5.80M43.85M-61.29M-38.56M-59.66M-48.61M
Change in Working Capital44.65M81.02M7.36M-3.46M-2.25M6.85M

Ratios

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Market Capitalization1.11B1.34B503.56M471.63M578.03M1.46B
Enterprise Value1.06B1.31B506.81M472.99M574.61M1.42B
Last Close Price6.557.973.103.054.6013.41
PB Ratio-27.34-54.2218.5520.4833.75
P/TBV Ratio26.9328.4541.33
P/FCF Ratio183.8230.36
P/OCF Ratio49.0027.74
EV/FCF Ratio176.1129.75
Debt / Equity Ratio-0.01-0.01-5.341.160.010.01
Debt / FCF Ratio0.060.01
Net Debt / Equity Ratio1.070.51-1.93-0.37-0.52-0.78
Net Debt / EBITDA Ratio2.000.52-0.250.230.240.57
Net Debt / FCF Ratio-8.87-0.56-0.290.240.240.69
Quick Ratio8.273.012.447.291.702.69
Current Ratio8.413.092.507.351.732.75
Return on Equity (ROE)-955.21%-153.13%-164.59%-87.69%
Return on Assets (ROA)-19.42%-52.39%-76.64%-51.59%-78.38%-48.62%
Return on Capital Employed (ROCE)-28.40%-97.30%-165.30%-73.40%-203.10%-131.90%
Earnings Yield-2.79%-3.15%-15.29%-8.70%-10.15%-3.90%
FCF Yield0.54%3.29%-12.12%-8.14%-10.29%-3.32%
Buyback Yield / Dilution-2.42%-4.96%-10.70%-25.10%-5.59%-39.00%