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SOLAI Limited (SLAI) 10-Year Financial Performance & Capital Metrics

SLAI • • Industrial / General
TechnologyApplication SoftwareBlockchain & CryptocurrencyBlockchain Platforms
AboutSolai Ltd. is a technology-driven crypto currency infrastructure company. It is based on ecosystem spanning AI, stablecoins and payment infrastructure, and Solanatreasury and staking operations-supporting use cases across institutional settlement, commerce, consumer payments, and AI-native agent transactions. The company was founded by Man San Law in 2001 and is headquartered in Akron, OH.Show more
  • Revenue $33M -23.6%
  • EBITDA $5M +141.3%
  • Net Income $12M +142.1%
  • EPS (Diluted) 100.00 +200.0%
  • Gross Margin 9.07% +28.3%
  • EBITDA Margin 15.83% +154.0%
  • Operating Margin -24.32% +58.4%
  • Net Margin 36.67% +155.1%
  • ROE 26.27% +135.8%
  • ROIC -12.83% +73.5%
  • Debt/Equity 0.04 -77.3%
  • Interest Coverage -
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Trading at only 0.0x book value

✗Weaknesses

  • ✗Negative free cash flow
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y-15.09%
TTM-

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-

EPS CAGR

10Y-
5Y-
3Y-
TTM-

ROCE

10Y Avg-41.1%
5Y Avg-41.1%
3Y Avg-47.76%
Latest-15.58%

Peer Comparison

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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
SLAISOLAI Limited21.29M1.140.01-23.62%36.67%26.27%0.04
XTKGX3 Holdings Co Ltd.2.53M0.16-0.03-30.99%-5.83%-311.47%0.23
FTFTFuture FinTech Group Inc.13.5M0.67-0.04-90.05%-15.27%-63.79%0.09
ALTSALT5 Sigma Corporation228.42M1.81-3.23-74.89%-56.98%0.78%0.53
ELWSEarlyworks Co., Ltd18.55M6.08145.52%-370.81%-263.56%0.70

Profit & Loss

Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+53.77M57.02M43.1M32.92M
Revenue Growth %-0.06%-0.24%-0.24%
Cost of Goods Sold+39.51M61.2M40.05M29.94M
COGS % of Revenue0.73%1.07%0.93%0.91%
Gross Profit+14.26M-4.17M3.05M2.98M
Gross Margin %0.27%-0.07%0.07%0.09%
Gross Profit Growth %--1.29%1.73%-0.02%
Operating Expenses+58.58M85.47M28.24M10.99M
OpEx % of Revenue1.09%1.5%0.66%0.33%
Selling, General & Admin23.15M22.28M18.62M13.76M
SG&A % of Revenue0.43%0.39%0.43%0.42%
Research & Development1.26M2.21M874K69K
R&D % of Revenue0.02%0.04%0.02%0%
Other Operating Expenses34.17M60.97M8.75M-2.84M
Operating Income+-44.32M-89.64M-25.19M-8.01M
Operating Margin %-0.82%-1.57%-0.58%-0.24%
Operating Income Growth %--1.02%0.72%0.68%
EBITDA+-22.76M-54.87M-12.63M5.21M
EBITDA Margin %-0.42%-0.96%-0.29%0.16%
EBITDA Growth %--1.41%0.77%1.41%
D&A (Non-Cash Add-back)21.55M34.77M12.56M13.22M
EBIT-39.12M-79.2M-25.38M-7.01M
Net Interest Income+-719K-68K242K56K
Interest Income56K150K242K56K
Interest Expense775K218K00
Other Income/Expense4.42M10.22M-191K998K
Pretax Income+-39.89M-79.42M-25.38M-7.01M
Pretax Margin %-0.74%-1.39%-0.59%-0.21%
Income Tax+26.83M000
Effective Tax Rate %1.4%1.96%1.13%-1.72%
Net Income+-55.78M-155.41M-28.71M12.07M
Net Margin %-1.04%-2.73%-0.67%0.37%
Net Income Growth %--1.79%0.82%1.42%
Net Income (Continuing)-66.73M-79.42M-25.38M-7.01M
Discontinued Operations-2.05M-79.01M-3.33M18.93M
Minority Interest25.37M009.89M
EPS (Diluted)+-900.00-1950.00-100.00100.00
EPS Growth %--1.17%0.95%2%
EPS (Basic)-900.00-1950.00-100.00100.00
Diluted Shares Outstanding62.23K87.1K110.24K117.17K
Basic Shares Outstanding62.23K87.1K110.24K120.73K
Dividend Payout Ratio----

Balance Sheet

Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+93.26M35.34M33.86M19.15M
Cash & Short-Term Investments17.67M7.73M3.24M1.81M
Cash Only17.67M5.37M3.24M1.81M
Short-Term Investments02.36M00
Accounts Receivable19.04M8.87M2.63M4.63M
Days Sales Outstanding129.2556.7922.2951.34
Inventory0000
Days Inventory Outstanding----
Other Current Assets53.73M18.1M23.61M11.4M
Total Non-Current Assets+200.97M51.47M38.74M67.19M
Property, Plant & Equipment76.36M31.34M27.11M22.52M
Fixed Asset Turnover0.70x1.82x1.59x1.46x
Goodwill26.57M000
Intangible Assets71.93M3.3M2.03M11.08M
Long-Term Investments10.05M8.05M4.17M3.56M
Other Non-Current Assets16.06M8.78M5.43M30.02M
Total Assets+294.23M86.8M72.6M86.33M
Asset Turnover0.18x0.66x0.59x0.38x
Asset Growth %--0.7%-0.16%0.19%
Total Current Liabilities+84.4M30.84M44.93M11.24M
Accounts Payable54.38M3.64M821K25K
Days Payables Outstanding502.4121.697.480.3
Short-Term Debt0000
Deferred Revenue (Current)1000K1000K1000K1000K
Other Current Liabilities3.61M20.59M27.81M496K
Current Ratio1.10x1.15x0.75x1.70x
Quick Ratio1.10x1.15x0.75x1.70x
Cash Conversion Cycle----
Total Non-Current Liabilities+4.57M2.84M2.54M8.32M
Long-Term Debt0000
Capital Lease Obligations4.57M2.84M2.54M1.06M
Deferred Tax Liabilities0000
Other Non-Current Liabilities0007.26M
Total Liabilities88.97M33.68M47.46M19.55M
Total Debt+6.78M4.2M4.22M2.55M
Net Debt-10.89M-1.17M975K738K
Debt / Equity0.03x0.08x0.17x0.04x
Debt / EBITDA---0.49x
Net Debt / EBITDA---0.14x
Interest Coverage-57.18x-411.18x--
Total Equity+205.26M53.13M25.13M66.78M
Equity Growth %--0.74%-0.53%1.66%
Book Value per Share3298.30609.94227.98569.96
Total Shareholders' Equity179.89M53.13M25.13M56.89M
Common Stock36K54K54K78K
Retained Earnings-386.75M-542.17M-570.88M-557.91M
Treasury Stock-21.6M-21.6M-21.6M-21.6M
Accumulated OCI-2.35M-3.96M-4.28M-4.39M
Minority Interest25.37M009.89M

Cash Flow

Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-34.27M-63.56M-28.41M-32.74M
Operating CF Margin %-0.64%-1.11%-0.66%-0.99%
Operating CF Growth %--0.85%0.55%-0.15%
Net Income-74.37M-158.43M-28.71M11.92M
Depreciation & Amortization21.55M34.77M12.56M13.22M
Stock-Based Compensation6.45M4.47M1.03M1.21M
Deferred Taxes-359K000
Other Non-Cash Items44.81M124.14M4.96M-21.42M
Working Capital Changes-32.34M-68.51M-18.25M-37.67M
Change in Receivables1.73M-3.8M-2.59M1.28M
Change in Inventory0000
Change in Payables-7.7M-16.86M625K-1.52M
Cash from Investing+-75.41M24.39M26.16M28.85M
Capital Expenditures-56.6M-13.78M-1.43M-1.18M
CapEx % of Revenue1.05%0.24%0.03%0.04%
Acquisitions----
Investments----
Other Investing-13.34M33.92M22.54M30.28M
Cash from Financing+77.67M29.77M02.37M
Debt Issued (Net)----
Equity Issued (Net)----
Dividends Paid0000
Share Repurchases----
Other Financing2.52M0030K
Net Change in Cash----
Free Cash Flow+-90.87M-77.34M-29.84M-33.92M
FCF Margin %-1.69%-1.36%-0.69%-1.03%
FCF Growth %-0.15%0.61%-0.14%
FCF per Share-1460.16-887.95-270.70-289.49
FCF Conversion (FCF/Net Income)0.61x0.41x0.99x-2.71x
Interest Paid336K218K00
Taxes Paid0000

Key Ratios

Metric2021202220232024
Return on Equity (ROE)-27.17%-120.29%-73.37%26.27%
Return on Invested Capital (ROIC)-17.1%-54.58%-48.41%-12.83%
Gross Margin26.52%-7.31%7.07%9.07%
Net Margin-103.74%-272.54%-66.61%36.67%
Debt / Equity0.03x0.08x0.17x0.04x
Interest Coverage-57.18x-411.18x--
FCF Conversion0.61x0.41x0.99x-2.71x
Revenue Growth-6.05%-24.42%-23.62%

Frequently Asked Questions

Valuation & Price

SOLAI Limited (SLAI) has a price-to-earnings (P/E) ratio of 0.0x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

SOLAI Limited (SLAI) reported $32.9M in revenue for fiscal year 2024. This represents a 39% decrease from $53.8M in 2021.

SOLAI Limited (SLAI) saw revenue decline by 23.6% over the past year.

Yes, SOLAI Limited (SLAI) is profitable, generating $12.1M in net income for fiscal year 2024 (36.7% net margin).

Dividend & Returns

SOLAI Limited (SLAI) has a return on equity (ROE) of 26.3%. This is excellent, indicating efficient use of shareholder capital.

SOLAI Limited (SLAI) had negative free cash flow of $33.9M in fiscal year 2024, likely due to heavy capital investments.

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