Soluna Holdings, IncSLNH

NasdaqFinanceFinance Services
Price (close)
$1.25
Market cap
$282.3M
P/E
—
Revenue (TTM)
$29.7M
Net income
-$76.6M
Dividend yield
—
1-year total return
-57.5%
Net margin
—
Revenue growth
—
Debt / equity
0.21x

What Soluna Holdings, Inc does.

Unless the context requires otherwise in this Annual Report, the terms “SHI,” “Soluna,” the “Company,” “we,” “us,” and “our” refer to Soluna Holdings, Inc. together with its consolidated subsidiaries, “SDI” refers to Soluna Digital, Inc. “SCI” refers to Soluna Computing, Inc., formerly known as EcoChain, Inc., “Soluna Cloud” or “Cloud” refer to Soluna Cloud, Inc., and “SEI” refers to Soluna Energy, Inc. Other trademarks, trade names, and service marks used in this Annual Report are the property of their respective owners.

We develop, own, and operate digital infrastructure for energy-intensive computing applications by colocating data centers with renewable energy power plants. We refer to this model as Renewable Computing™.

Renewable Computing™ is designed to address two converging market conditions: increasing curtailment of renewable energy generation and growing demand for power-intensive computing applications, including artificial intelligence (“AI”), high-performance computing (“HPC”), and Bitcoin mining. By locating our data centers near renewable generation assets, we seek to convert underutilized energy into economically productive computing capacity.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$595,000$14.3M$28.5M$21.1M$38.0M$29.7M
Net income$1.9M-$5.3M-$98.7M-$29.2M-$63.3M-$53.4M
Free cash flow-$2.0M-$41.2M-$69.8M-$15.7M-$13.9M-$37.2M

More on SLNH.

Figures from Soluna Holdings, Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.