Solaris Resources Inc.
SLSR NYSE Gold And Silver Ores Financials FY2023–FY2025
Last close · Oct 23, 2026
$6.65
1.1%What Solaris Resources Inc. does
No business description yet.
- Legal name
- Solaris Resources Inc.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 40-F · Mar 26, 2026
- Accession · CIK
- 0001213900-26-034862
0002019103
Revenue and margins
Solaris Resources Inc. had — of revenue in fiscal 2025.
Net income and earnings per share
From fiscal 2023 to 2025, diluted EPS grew −5.3% a year. Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was — in fiscal 2025, — of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
Solaris Resources Inc. returned — to shareholders in fiscal 2025. The diluted share count rose 5.0%.
Balance sheet
Cash, debt and the ratios that show how comfortably Solaris Resources Inc. can carry it.
| Fiscal year end | FY23 | FY24 | FY25 |
|---|---|---|---|
| Cash and short-term investments | $38.9M | $31.7M | $25.2M |
| Debt incl. finance leases | $29.4M | $0.1M | $0.7M |
| Debt / equity | 1.7x | — | — |
| Interest coverage | −282.0x | −14.4x | −15.0x |
| Current ratio | 7.3x | 2.5x | 3.1x |
| Quick ratio | 7.3x | 2.5x | 3.1x |
| Total assets | $61.8M | $57.2M | $58.0M |
| Total liabilities | $36.4M | $66.5M | $107M |
| Shareholders' equity | $17.5M | −$17.2M | −$56.8M |
| Net debt (− = net cash) | −$9.5M | −$31.6M | −$24.6M |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. “Plan” marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.
| Test | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net income is positive | ✕ | ✕ | ✕ |
| Cash from operations is positive | — | — | — |
| Return on assets rose | — | ✕ | ✓ |
| Cash from operations exceeds net income | — | — | — |
| Debt fell relative to assets | — | ✓ | ✕ |
| Current ratio rose | — | ✕ | ✓ |
| Share count didn't rise | — | ✕ | ✕ |
| Gross margin rose | — | — | — |
| Revenue rose relative to assets | — | — | — |
| F-score | — / 1 | — / 5 | — / 5 |
| Accruals ratio | — | — | — |
| Altman Z'' | −11.20 | −22.71 | −21.28 |
3 years of figures
Amounts in USD. Hover a ratio’s name for its definition.
| Fiscal year | FY23 | FY24 | FY25 |
|---|---|---|---|
| Income statement | |||
| Operating income | −$41.2M | −$73.0M | −$38.5M |
| Interest expense | $0.1M | $5.1M | $2.6M |
| Pretax income | — | −$77.1M | −$41.7M |
| Income tax | — | — | $0.6M |
| Net income | −$41.0M | −$77.0M | −$42.2M |
| Net income to common | −$41.0M | −$77.0M | −$42.2M |
| Diluted EPS | $0.29 | $0.49 | $0.26 |
| Diluted shares | 0.14B | 0.16B | 0.17B |
| Cash flow | |||
| Capital expenditure | — | $2.4M | $2.3M |
| Depreciation and amortization | $0.9M | $1.0M | $1.1M |
| Stock-based compensation | $5.1M | $4.0M | $3.9M |
| Balance sheet | |||
| Cash and short-term investments | $38.9M | $31.7M | $25.2M |
| Total debt | $29.4M | $0.1M | $0.7M |
| Current assets | $39.4M | $32.6M | $26.0M |
| Current liabilities | $5.4M | $13.1M | $8.4M |
| Inventory | $0.1M | $0.1M | $0.2M |
| Property and equipment, net | $1.9M | $3.9M | $5.0M |
| Total assets | $61.8M | $57.2M | $58.0M |
| Total liabilities | $36.4M | $66.5M | $107M |
| Shareholders' equity | $17.5M | −$17.2M | −$56.8M |
| Returns | |||
| Return on capital | −405.9% | — | — |
| Return on capital employed | −72.9% | −165.3% | −77.5% |
| Return on equity | −234.1% | −49,055.4% | — |
| Return on assets | −66.3% | −129.4% | −73.3% |
| Return on tangible equity | −234.1% | — | — |
| Growth | |||
| EPS growth | — | 69.0% | −46.9% |
| Share count change | — | 10.7% | 5.0% |
| Financial health | |||
| Debt / equity | 1.7x | — | — |
| Interest coverage | −282.0x | −14.4x | −15.0x |
| Current ratio | 7.3x | 2.5x | 3.1x |
| Quick ratio | 7.3x | 2.5x | 3.1x |
| Quality scores | |||
| Altman Z'' | −11.2 | −22.7 | −21.3 |
Source: SEC EDGAR XBRL filings (CIK 0002019103). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.