Soluna Holdings Inc

Soluna Holdings Inc

SLNH · NASDAQ · Financial Services / Capital Markets

0.50USD-0.03 (-6.33%)

Price History

Full chart

Market Stats

Previous Close0.5338
Open0.53
Day Range0.48 – 0.53
52-Week Range0.59 – 5.14
Volume4.61M
Market Cap298.40M
P/E (TTM)0.00
Forward P/E0.00
EPS-0.69
Dividend Yield0.00%
Beta5.09
50-Day Avg1.21
200-Day Avg1.27

About

Soluna Holdings, Inc., together with its subsidiaries, engages in the mining of cryptocurrency through data centres. It operates through three segments, Cryptocurrency Mining, Data Center Hosting, and High-Performance Computing Services. The company also operates in the blockchain business, as well as provides colocation and hosting services to large-scale bitcoin mining operators. In addition, the company develops and builds modular data centrers that use for cryptocurrency mining. Further, it provides data center hosting services, including electrical power and network connectivity to cryptocurrency mining customers. Soluna Holdings, Inc. was formerly known as Mechanical Technology Inc and as changed to Soluna Holdings, Inc. in November 2021. The company was founded in 1961 and is headquartered in Albany, New York.

Company Details

  • SectorFinancial Services
  • IndustryCapital Markets
  • CEOMr. John Belizaire
  • Employees51
  • Headquarters325 Washington Avenue Extension, Albany, NY, United States, 12205, USA
  • Websitehttps://www.solunacomputing.com

Leadership

  • Mr. Michael M. Toporek IIIExecutive Chairman · b. 1966
  • Mr. John BelizaireCEO & Director · b. 1972
  • Mr. Michael D. PicchiCFO, Director & Treasurer · b. 1967
  • Mr. Jim ReynoldsVice President of Operations
  • Ms. Jessica L. ThomasChief Accounting Officer & Corporate Secretary · b. 1974
  • Ms. Mary Jennifer O'ReillyChief People Officer · b. 1977
  • Mr. Ryan CarverChief Development Officer
  • Mr. Mohamed Larbi LoudiyiSenior Vice President of Power & Grid Integration
  • Ms. Lisa BrennanCorporate Controller

Financials

Income Statement

Currency: USD1985-12-311986-12-311987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue60.10M66.30M68.70M88.20M73.20M71.90M64.70M70.00M68.00M29.75M31.90M31.98M21.00M12.90M5.55M7.30M6.93M7.86M8.57M7.84M8.16M10.58M7.38M8.31M8.41M10.29M5.90M8.35M8.78M6.33M7.06M7.06M8.06M6.57M595.00K14.35M28.55M21.07M38.02M29.72M
Growth (%)-+10.32%+3.62%+28.38%-17.01%-1.78%-10.01%+8.19%-2.86%-56.25%+7.24%+0.25%-34.33%-38.57%-57.00%+31.57%-4.97%+13.31%+9.06%-8.51%+4.02%+29.77%-30.29%+12.58%+1.29%+22.35%-42.68%+41.56%+5.14%-27.91%+11.47%+0.07%+14.18%-18.49%-90.95%+2310.92%+99.00%-26.21%+80.49%-21.84%
Cost of Revenue42.00M45.40M45.60M60.50M38.90M35.20M30.00M35.80M46.00M21.11M19.90M20.30M12.10M7.70M2.31M3.15M2.43M2.38M2.88M2.38M2.90M3.43M3.18M2.67M2.93M3.78M2.97M3.25M3.28M2.48M2.72M2.23M2.33M2.21M405.00K8.07M3.57M5.60M15.10M23.26M
Gross Profit18.10M20.90M23.10M27.70M34.30M36.70M34.70M34.20M22.00M8.64M12.00M11.68M8.90M5.20M3.23M4.15M4.51M5.48M5.69M5.46M5.26M7.15M4.20M5.64M5.48M6.51M2.93M5.10M5.50M3.85M4.33M4.83M5.74M4.37M190.00K6.28M24.98M15.46M22.92M6.46M
Gross Margin30.12%31.52%33.62%31.41%46.86%51.04%53.63%48.86%32.35%29.04%37.62%36.52%42.38%40.31%58.32%56.84%64.99%69.69%66.43%69.63%64.44%67.59%56.89%67.91%65.17%63.27%49.71%61.04%62.60%60.90%61.42%68.36%71.14%66.44%31.93%43.74%87.49%73.41%60.28%21.73%
Operating Expense15.60M16.40M16.10M21.20M35.50M36.50M24.30M27.20M14.30M10.99M11.04M11.10M6.90M6.60M7.16M9.84M11.56M14.19M19.29M20.56M22.99M20.50M16.63M8.73M8.88M6.46M5.18M4.74M4.93M5.33M4.70M4.24M4.21M4.11M1.83M10.75M109.77M35.71M70.44M40.13M
Operating Income2.50M4.50M7.00M6.50M-1.20M200.00K10.40M7.00M7.70M-2.35M956.00K580.00K2.00M-1.40M-3.93M-5.70M-7.05M-8.71M-13.59M-15.10M-17.74M-13.35M-12.44M-3.09M-3.39M52.00K-2.24M361.00K565.00K-1.47M-361.00K588.00K1.52M259.00K-1.64M-4.48M-84.79M-20.24M-47.52M-33.67M
Operating Margin4.16%6.79%10.19%7.37%-1.64%0.28%16.07%10.00%11.32%-7.91%3.00%1.81%9.52%-10.85%-70.80%-78.04%-101.64%-110.83%-158.60%-192.55%-217.47%-126.12%-168.56%-37.17%-40.32%0.51%-38.03%4.32%6.43%-23.22%-5.12%8.33%18.89%3.94%-275.97%-31.20%-297.02%-96.08%-124.99%-113.30%
EBITDA4.20M6.20M9.10M9.70M800.00K3.20M1.50M4.50M5.30M-1.51M1.64M979.00K2.30M-800.00K-3.66M-3.93M-6.46M-8.11M-12.68M-13.70M-11.88M-12.22M-9.94M-2.69M-2.91M407.00K-1.95M452.00K513.00K-1.39M-283.00K669.00K1.62M382.00K-1.38M-593.00K-8.45M-6.29M-31.75M-37.94M
EBITDA Margin6.99%9.35%13.25%11.00%1.09%4.45%2.32%6.43%7.79%-5.09%5.15%3.06%10.95%-6.20%-66.04%-53.91%-93.11%-103.21%-147.97%-174.67%-145.65%-115.46%-134.74%-32.39%-34.60%3.95%-33.12%5.41%5.84%-21.96%-4.01%9.47%20.08%5.81%-231.09%-4.13%-29.61%-29.85%-83.51%-127.66%
Net Income1.30M2.60M3.10M3.20M-3.00M-1.40M-8.60M100.00K1.10M2.92M3.75M4.52M-4.30M-10.70M-18.60M3.84M-6.96M-559.00K-4.19M-15.09M-13.67M-9.57M-12.50M-3.10M-1.76M2.39M-2.09M3.65M740.00K-2.83M-359.00K582.00K1.94M323.00K1.95M-5.26M-98.72M-29.20M-63.33M-53.41M
Net Income Margin2.16%3.92%4.51%3.63%-4.10%-1.95%-13.29%0.14%1.62%9.82%11.75%14.13%-20.48%-82.95%-335.24%52.63%-100.37%-7.11%-48.90%-192.50%-167.57%-90.47%-169.48%-37.31%-20.90%23.18%-35.36%43.75%8.43%-44.74%-5.09%8.24%24.01%4.92%327.06%-36.67%-345.80%-138.62%-166.58%-179.73%
R&D---------1.43M1.26M1.73M800.00K1.10M2.03M3.68M6.62M8.35M12.96M9.67M12.92M11.77M8.26M5.44M3.85M1.47M1.36M1.32M1.35M1.55M1.24M1.15M1.24M1.38M1.49M1.52M398.00K---
R&D as % of Total Revenue---------4.79%3.96%5.42%3.81%8.53%36.67%50.48%95.39%106.24%151.23%123.34%158.42%111.16%112.01%65.54%45.82%14.24%23.12%15.80%15.33%24.42%17.62%16.27%15.33%21.02%250.59%10.63%1.39%---
Interest Expense1.00M500.00K400.00K1.80M2.60M2.30M1.90M1.60M1.30M1.08M790.00K4.24M100.00K100.00K1.94M1.97M46.00K7.00K10.31M1.74M10.72M12.06M44.00K222.00K1.64M786.00K1.00K3.33M270.00K4.00K14.00K0036.00K104.00K1.88M8.38M2.75M2.53M4.83M
Interest Expense % of Total Revenue1.66%0.75%0.58%2.04%3.55%3.20%2.94%2.29%1.91%3.63%2.48%13.26%0.48%0.78%35.03%26.99%0.66%0.09%120.28%22.19%131.46%113.96%0.60%2.67%19.47%7.64%0.02%39.85%3.07%0.06%0.20%0.00%0.00%0.55%17.48%13.10%29.34%13.04%6.65%16.27%

Balance Sheet

Currency: USD1985-12-311986-12-311987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets35.80M38.30M60.10M74.10M60.80M55.60M48.30M45.40M48.70M14.48M14.45M14.76M21.10M31.80M77.27M71.26M52.38M65.84M66.83M41.27M33.81M18.72M5.51M3.74M3.60M6.40M4.84M4.53M5.48M2.59M5.18M6.20M8.14M5.75M8.65M117.69M84.96M91.28M88.04M187.94M
Total Liabilities14.80M14.60M33.20M44.20M34.00M29.90M30.70M27.80M30.10M17.97M12.29M6.54M10.00M4.00M32.24M16.88M11.49M16.79M9.97M8.22M10.73M4.77M3.98M1.72M1.64M1.49M1.85M1.14M1.26M1.06M1.03M1.24M1.19M1.92M2.73M26.71M38.69M37.92M60.68M75.70M
Total Equity21.00M23.70M26.90M29.90M26.80M25.70M17.00M17.00M18.00M-3.49M2.16M8.21M11.10M27.80M45.03M54.05M40.75M48.27M55.58M32.92M22.87M13.80M1.51M-1.14M-1.45M1.60M-313.00K3.39M4.22M1.53M4.15M4.96M6.95M3.83M5.92M90.99M41.87M26.51M-12.48M54.86M
Cash2.10M5.40M8.70M6.10M3.80M900.00K700.00K700.00K200.00K78.00K66.00K1.43M5.60M5.90M1.55M9.81M7.32M12.38M22.55M11.23M14.54M7.65M1.66M785.00K1.12M1.67M289.00K1.21M1.92M462.00K3.38M3.83M5.77M2.51M2.63M10.26M1.14M6.37M7.84M76.42M
Total Debt4.50M3.00M20.70M28.20M22.80M18.10M19.30M17.40M17.20M8.41M4.41M---27.00M5.00M------1.50M----------947.00K431.00K8.54M22.88M19.77M21.82M29.27M
Net Debt2.40M-2.40M12.00M22.10M19.00M17.20M18.60M16.70M17.00M8.33M4.34M-1.43M-5.60M-5.90M25.45M-4.81M-7.32M-12.38M-22.55M-11.23M-14.54M-7.65M-162.00K-785.00K-1.12M-1.67M-289.00K-1.21M-1.92M-462.00K-3.38M-3.83M-5.77M-1.56M-2.20M-1.72M21.74M13.41M13.97M-47.16M

Cash Flow

Currency: USD1991-12-311992-12-311993-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow1.40M3.20M600.00K-1.88M998.00K500.00K-1.80M-3.84M-7.00M-6.25M-7.65M-11.98M-12.57M-12.71M-11.68M-10.35M-2.17M-1.51M67.00K-1.51M1.02M686.00K-1.43M522.00K363.00K2.00M289.00K1.90M5.55M-5.75M-2.99M-5.07M-9.15M
Investing Cash Flow-1.60M-800.00K-700.00K-201.00K--3.60M-16.50M-27.73M37.78M10.35M10.58M2.65M975.00K4.68M4.73M2.86M-7.00K-47.00K-163.00K126.00K-120.00K25.00K-35.00K-136.00K-107.00K-93.00K-83.00K-1.86M-57.30M-45.63M-10.33M-13.16M-31.85M
Financing Cash Flow-2.20M-2.30M-400.00K--2.10M-1.41M7.20M18.60M27.26M-22.53M-904.00K2.13M19.50M282.00K11.34M60.00K1.50M1.30M1.89M647.00K-25.00K1.00K-2.53M191.00K40.00K-3.47M83.00K59.38M42.94M21.86M18.32M119.39M
Capital Expenditure1.40M800.00K700.00K0549.00K829.00K3.20M2.70M286.00K1.32M527.00K1.07M1.83M1.00M1.57M414.00K181.00K7.00K47.00K175.00K17.00K108.00K77.00K55.00K136.00K107.00K93.00K83.00K1.08M57.27M63.76M12.76M13.38M28.07M
Free Cash Flow-2.40M-100.00K-1.33M169.00K-2.70M-4.50M-4.13M-8.31M-6.78M-8.72M-13.82M-13.58M-14.28M-12.10M-10.53M-2.18M-1.55M-108.00K-1.52M909.00K609.00K-1.48M386.00K256.00K1.90M206.00K817.00K-51.72M-69.51M-15.75M-18.45M-37.21M
Dividends Paid--------------------------630.00K3.54M630.00K630.00K3.85M656.00K--
FCF to OCF-75.00%-16.67%-70.84%16.93%-540.00%250.00%107.44%118.84%108.43%113.98%115.31%107.99%112.39%103.54%101.75%100.32%103.12%-161.19%101.13%89.38%88.78%103.86%73.95%70.52%95.34%71.28%42.98%-931.48%1209.06%527.28%363.92%406.75%
Dividend Paid to FCF--------------------------33.11%1718.93%77.11%-1.22%-5.54%-4.17%--

Earnings

Report DateDec 31, 1998Mar 31, 1999Jun 30, 1999Sep 30, 1999Feb 10, 2000May 4, 2000Aug 2, 2000Dec 28, 2000Dec 31, 2000Mar 31, 2001Jun 30, 2001Sep 30, 2001Mar 1, 2002May 8, 2002Aug 12, 2002Sep 30, 2002Dec 31, 2002Mar 31, 2003Aug 13, 2003Oct 22, 2003Mar 10, 2004May 12, 2004Aug 16, 2004Nov 8, 2004Mar 15, 2005May 10, 2005Aug 9, 2005Nov 9, 2005Mar 13, 2006May 10, 2006Aug 9, 2006Nov 9, 2006Mar 15, 2007May 9, 2007Aug 9, 2007Nov 8, 2007Mar 27, 2008May 12, 2008Aug 14, 2008Nov 14, 2008Mar 26, 2009May 14, 2009Aug 13, 2009Nov 12, 2009May 17, 2010Aug 13, 2010Nov 11, 2010Mar 2, 2011May 16, 2011Aug 11, 2011Dec 31, 2011Mar 31, 2012Jun 30, 2012Sep 30, 2012Dec 31, 2012Mar 31, 2013Jun 30, 2013Sep 30, 2013Dec 31, 2013Mar 31, 2014Jun 30, 2014Sep 30, 2014Dec 31, 2014Mar 31, 2015Jun 30, 2015Sep 30, 2015Dec 31, 2015Mar 31, 2016Jun 30, 2016Sep 30, 2016Dec 31, 2016Mar 2, 2017May 4, 2017Aug 3, 2017Nov 2, 2017Mar 29, 2018May 8, 2018Aug 9, 2018Nov 8, 2018Feb 26, 2019May 3, 2019Aug 8, 2019Nov 8, 2019Feb 20, 2020May 1, 2020Aug 6, 2020Nov 12, 2020Mar 31, 2021May 18, 2021Aug 11, 2021Nov 11, 2021Mar 1, 2022Apr 1, 2022Aug 15, 2022Nov 15, 2022Mar 30, 2023Apr 3, 2023Aug 14, 2023Nov 14, 2023Jan 18, 2024May 15, 2024Aug 12, 2024Nov 18, 2024Mar 31, 2025May 15, 2025Aug 14, 2025Nov 14, 2025Mar 30, 2026May 18, 2026Aug 13, 2026Nov 13, 2026
EPS Estimate-----26.00-26.00-26.00-26.00-----0.80-16.00-20.00-----0.16-0.24-20.00-22.00-4.00-0.68-12.00-16.00-16.00-0.40-14.00-26.00-0.64-0.76-17.00-18.00-17.00-8.67--4.75-2.25----------0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00-----0.000.000.000.000.00-------0.76-0.61-0.20--0.11-0.06
EPS Actual-9.89-10.54-25.24-13.94-10.00-24.00-28.00-44.00-1.74-15.5654.08-17.97-3.04-30.00-34.00-23.4449.46-0.46-2.800.24-0.32-14.00-20.00-6.000.24-26.00-18.00-12.00-1.12-22.00-20.00-0.96-0.80-16.00-14.00-14.00-6.00-16.70-19.75-21.00-10.50-6.52-4.96-4.63-6.47-2.29-1.921.501.02-0.510.45-0.16-0.11-0.220.080.020.020.030.61-0.080.03-0.010.18-0.07-0.04-0.12-0.31-0.110.020.06-0.03-0.03-0.050.030.040.040.040.040.040.130.010.03-0.02-0.01-0.010.060.16-0.07-0.07-0.10-0.05-0.20-0.30-1.00-3.80-1.67-1.67-0.31-4.85-2.67-2.67-2.97-1.29-4.47-0.88-0.49-0.42-0.17-0.24-0.18-
Surprise----61.54%7.69%-7.69%-69.23%-----280.00%-87.50%-70.00%----250.00%-33.33%30.00%9.09%-50.00%135.29%-116.67%-12.50%25.00%-180.00%-57.14%23.08%-50.00%-5.26%5.88%22.22%17.65%30.80%--315.79%-833.33%-----------------------------------------------------------------35.53%31.15%14.80%--63.64%-
Timing----Pre-marketPre-marketPre-marketPre-market-----Pre-marketPre-market------Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-market--Pre-marketPre-marketPre-marketPre-market-Pre-marketPre-market-------------------------------Pre-marketPre-marketPre-marketPre-marketPre-market---------------------After-hoursAfter-hoursAfter-hoursAfter-hoursPre-market---After-hoursAfter-hours--After-hours-

Key Statistics & Ratios

Market Cap298.40M
Enterprise Value239.01M
Trailing P/E0.00
Forward P/E0.00
Price / Sales7.09
Price / Book1.99
EPS-0.69
Book Value0.696
Revenue (TTM)42.08M
Gross Profit (TTM)24.63M
EBITDA-34.44M
Profit Margin-182.16%
Operating Margin-112.04%
Return on Equity-68.36%
Return on Assets-17.31%
Shares Outstanding244.59M
Shares Float186.76M
Beta5.09
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
20.55%
Insiders
22.92%
Retail / Other
56.53%

Top Institutional Holders

  • Geode Capital Management, LLC
    2.69M1.10%
  • UBS Group AG
    890.30K0.36%
  • Renaissance Technologies Corp
    835.28K0.34%
  • MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
    796.65K0.33%
  • BlackRock Inc
    784.99K0.32%
  • Alpine Fox Capital, LLC
    750.88K0.31%
  • Vanguard Capital Management, LLC
    626.85K0.26%
  • Marshall Wace Asset Management Ltd
    587.03K0.24%
  • Diametric Capital, LP
    442.94K0.18%
  • TRU INDEPENDENCE ASSET MANAGEMENT 2, LLC
    430.74K0.18%

Top Fund Holders

  • CoinShares Bitcoin Mng and Dgtl Pwr ETF
    4.31M1.76%
  • Vanguard MStar Total Stk Mkt Idx Invest
    3.77M1.54%
  • iShares Russell 2000 ETF
    3.00M1.22%
  • Fidelity Small Cap Index
    1.14M0.47%
  • CREF Total Global Stock Account R3
    1.12M0.46%
  • iShares Russell 2000 Value ETF
    1.05M0.43%
  • CompAM SB Blockchain Tech I EUR Acc
    1.03M0.42%
  • Nuveen Equity Index R6
    931.68K0.38%
  • Global X Blockchain ETF
    881.00K0.36%
  • Vanguard Russell 2000 ETF
    599.18K0.24%

Dividends

20192×
9.25Mar 21, 20190.37Mar 11, 2019

Stock Splits

  • Oct 16, 20231:25
  • May 16, 20081:8
  • Apr 13, 2000959692:319897
  • May 18, 19993:2