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.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Selling, General & Admin | 11.20M | 12.94M | 11.47M | 10.22M | 8.82M | 9.50M |
| Operating Expenses | 27.39M | 48.29M | 72.98M | 41.42M | 60.31M | 59.35M |
| 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 Income | 1.36M | 1.13M | 2.01M | 590.00K | 366.00K | 398.00K |
| Currency Exchange Gain (Loss) | 1.42M | 1.37M | -1.04M | |||
| Other Non Operating Income (Expenses) | -136.00K | -155.00K | -175.00K | -105.00K | 1.23M | 2.10M |
| EBT Excluding Unusual Items | -29.49M | -51.53M | -77.08M | -41.08M | -58.72M | -56.86M |
| Gain (Loss) on Sale of Assets | 9.81M | |||||
| Pretax Income | -29.49M | -41.72M | -77.08M | -41.08M | -58.72M | -56.86M |
| Income Tax Expense | 568.00K | 568.00K | ||||
| Earnings From Continuing Operations | -30.06M | -42.29M | -77.08M | -41.08M | -58.72M | -56.86M |
| Minority Interest in Earnings | 63.00K | 62.00K | 64.00K | 75.00K | 59.00K | 61.00K |
| 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) | 166.62M | 165.13M | 157.32M | 142.12M | 113.60M | 107.59M |
| Shares Outstanding (Diluted) | 166.62M | 165.13M | 157.32M | 142.12M | 113.60M | 107.59M |
| 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 Flow | 6.04M | 44.10M | -61.05M | -38.40M | -59.51M | -48.34M |
| Free Cash Flow Per Share | 0.04 | 0.27 | -0.39 | -0.27 | -0.52 | -0.45 |
| EBITDA | -26.86M | -47.43M | -72.20M | -40.42M | -59.70M | -59.05M |
| D&A For EBITDA | 520.00K | 861.00K | 772.00K | 1.00M | 603.00K | 298.00K |
| EBIT | -27.39M | -48.29M | -72.98M | -41.42M | -60.31M | -59.35M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 54.01M | 25.21M | 31.74M | 38.87M | 14.77M | 33.90M |
| Cash & Short-Term Investments | 54.01M | 25.21M | 31.74M | 38.87M | 14.77M | 33.90M |
| Other Receivables | 162.00K | 76.00K | 165.00K | 198.00K | 251.00K | 147.00K |
| Receivables | 162.00K | 76.00K | 165.00K | 198.00K | 251.00K | 147.00K |
| Inventory | 168.00K | 156.00K | 143.00K | 95.00K | 102.00K | 86.00K |
| Prepaid Expenses | 792.00K | 519.00K | 534.00K | 230.00K | 137.00K | 724.00K |
| Total Current Assets | 55.14M | 25.96M | 32.58M | 39.39M | 15.26M | 34.85M |
| Property, Plant & Equipment | 47.20M | 31.25M | 24.05M | 21.86M | 22.96M | 22.72M |
| Other Long-Term Assets | 571.00K | 821.00K | 571.00K | 571.00K | 313.00K | 74.00K |
| Total Assets | 102.91M | 58.03M | 57.20M | 61.82M | 38.53M | 57.65M |
| Accounts Payable | 1.45M | 2.34M | 5.55M | 5.27M | 8.34M | 10.75M |
| Accrued Expenses | 5.05M | 5.43M | 7.29M | |||
| Current Portion of Leases | 41.00K | 57.00K | 216.00K | 88.00K | 145.00K | 136.00K |
| Current Income Taxes Payable | 14.00K | 568.00K | ||||
| Other Current Liabilities | 365.00K | 1.78M | ||||
| Total Current Liabilities | 6.55M | 8.40M | 13.05M | 5.36M | 8.85M | 12.67M |
| Long-Term Debt | 49.21M | 29.36M | ||||
| Long-Term Leases | 347.00K | 420.00K | 217.00K | 3.00K | 90.00K | 188.00K |
| Long-Term Unearned Revenue | 141.33M | 93.67M | ||||
| Other Long-Term Liabilities | 4.97M | 4.51M | 4.00M | 1.67M | 1.37M | 1.67M |
| Total Liabilities | 153.20M | 107.01M | 66.48M | 36.39M | 10.30M | 14.53M |
| Common Stock | 253.58M | 252.41M | 244.72M | 206.36M | 169.95M | 119.56M |
| Retained Earnings | -333.26M | -324.81M | -282.58M | -205.57M | -164.56M | -105.90M |
| Comprehensive Income & Other | 21.57M | 15.57M | 20.66M | 16.72M | 14.92M | 21.55M |
| Total Common Equity | -58.11M | -56.83M | -17.20M | 17.52M | 20.32M | 35.21M |
| Minority Interest | 7.82M | 7.85M | 7.91M | 7.91M | 7.91M | 7.91M |
| Shareholders' Equity | -50.29M | -48.98M | -9.29M | 25.43M | 28.23M | 43.12M |
| Total Liabilities & Equity | 102.91M | 58.03M | 57.20M | 61.82M | 38.53M | 57.65M |
| Total Debt | 388.00K | 477.00K | 49.64M | 29.45M | 235.00K | 324.00K |
| Net Cash (Debt) | 53.63M | 24.73M | -17.90M | 9.41M | 14.54M | 33.57M |
| Net Cash Per Share | 0.32 | 0.15 | -0.11 | 0.07 | 0.13 | 0.31 |
| Filing Date Shares Outstanding | 167.07M | 166.90M | 163.23M | 150.82M | 146.52M | 108.85M |
| Total Common Shares Outstanding | 167.07M | 166.90M | 163.23M | 150.81M | 122.66M | 108.83M |
| Working Capital | 48.58M | 17.56M | 19.52M | 34.03M | 6.41M | 22.18M |
| Book Value Per Share | -0.35 | -0.34 | -0.11 | 0.12 | 0.17 | 0.32 |
| Tangible Book Value | -58.11M | -56.83M | -17.20M | 17.52M | 20.32M | 35.21M |
| Tangible Book Value Per Share | -0.35 | -0.34 | -0.11 | 0.12 | 0.17 | 0.32 |
| Machinery | 1.44M | 1.03M | 873.00K | 648.00K | 605.00K | 456.00K |
| Construction In Progress | 523.00K | 490.00K | 1.24M | 31.00K | 272.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -30.00M | -42.23M | -77.02M | -41.01M | -58.66M | -56.80M |
| Depreciation & Amortization | 747.00K | 1.10M | 1.01M | 1.18M | 783.00K | 408.00K |
| Loss (Gain) From Sale of Assets | -600.00K | |||||
| Stock-Based Compensation | 4.93M | 3.90M | 4.00M | 5.13M | 3.51M | 4.90M |
| Other Operating Activities | 2.35M | 4.47M | 6.26M | -157.00K | -1.78M | -1.43M |
| Change in Accounts Payable | -4.90M | -8.99M | 7.57M | -3.40M | -2.54M | 7.47M |
| Change in Unearned Revenue | 50.00M | 90.00M | ||||
| Change in Other Net Operating Assets | -441.00K | 9.00K | -209.00K | -67.00K | 298.00K | -623.00K |
| Operating Cash Flow | 22.68M | 48.27M | -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 Estate | 600.00K | |||||
| Other Investing Activities | 1.35M | 876.00K | 1.99M | -258.00K | -239.00K | -4.00K |
| Investing Cash Flow | -15.28M | -3.29M | -663.00K | -347.00K | -1.35M | -1.09M |
| Long-Term Debt Issued | 15.00M | 15.00M | 30.00M | |||
| 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 | -45.25M | 14.76M | 29.84M | -155.00K | -265.00K |
| Issuance of Common Stock | 707.00K | 39.65M | 32.34M | 40.93M | 7.00M | |
| Other Financing Activities | -66.00K | -7.31M | -1.93M | 94.00K | 479.00K | 483.00K |
| Financing Cash Flow | -306.00K | -51.85M | 52.48M | 62.27M | 41.25M | 7.21M |
| Foreign Exchange Rate Adjustments | -124.00K | 353.00K | -548.00K | 488.00K | -634.00K | 839.00K |
| Net Cash Flow | 6.97M | -6.53M | -7.13M | 24.09M | -19.13M | -39.70M |
| Free Cash Flow | 6.04M | 44.10M | -61.05M | -38.40M | -59.51M | -48.34M |
| Free Cash Flow Per Share | 0.04 | 0.27 | -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 Leases | 5.80M | 43.85M | -61.29M | -38.56M | -59.66M | -48.61M |
| Change in Working Capital | 44.65M | 81.02M | 7.36M | -3.46M | -2.25M | 6.85M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.11B | 1.34B | 503.56M | 471.63M | 578.03M | 1.46B |
| Enterprise Value | 1.06B | 1.31B | 506.81M | 472.99M | 574.61M | 1.42B |
| Last Close Price | 6.55 | 7.97 | 3.10 | 3.05 | 4.60 | 13.41 |
| PB Ratio | -27.34 | -54.22 | 18.55 | 20.48 | 33.75 | |
| P/TBV Ratio | 26.93 | 28.45 | 41.33 | |||
| P/FCF Ratio | 183.82 | 30.36 | ||||
| P/OCF Ratio | 49.00 | 27.74 | ||||
| EV/FCF Ratio | 176.11 | 29.75 | ||||
| Debt / Equity Ratio | -0.01 | -0.01 | -5.34 | 1.16 | 0.01 | 0.01 |
| Debt / FCF Ratio | 0.06 | 0.01 | ||||
| Net Debt / Equity Ratio | 1.07 | 0.51 | -1.93 | -0.37 | -0.52 | -0.78 |
| Net Debt / EBITDA Ratio | 2.00 | 0.52 | -0.25 | 0.23 | 0.24 | 0.57 |
| Net Debt / FCF Ratio | -8.87 | -0.56 | -0.29 | 0.24 | 0.24 | 0.69 |
| Quick Ratio | 8.27 | 3.01 | 2.44 | 7.29 | 1.70 | 2.69 |
| Current Ratio | 8.41 | 3.09 | 2.50 | 7.35 | 1.73 | 2.75 |
| 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 Yield | 0.54% | 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% |