Solesence Inc. (SLSN) Financials

$1.25

$0.07 (-5.3%)
Last update: 07:35 PM EST
Day's range
$1.25
Day's range
$1.33

SLSN Income statement / Annual

Last year (2024), Solesence Inc.'s total revenue was $52.35 M, an increase of 40.35% from the previous year. In 2024, Solesence Inc.'s net income was $4.24 M. See Solesence Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021
Period Ended 12/31/2024 12/31/2023 12/31/2022 12/31/2021
Operating Revenue $52.35 M $37.30 M $37.32 M $29.48 M
Cost of Revenue $36.16 M $29.47 M $28.96 M $20.79 M
Gross Profit $16.19 M $7.83 M $8.36 M $8.69 M
Gross Profit Ratio 0.31 0.21 0.22 0.29
Research and Development Expenses $3.84 M $3.84 M $3.04 M $2.24 M
General & Administrative Expenses $0.00 $0.00 $0.00 $0.00
Selling & Marketing Expenses $0.00 $0.00 $0.00 $0.00
Selling, General & Administrative Expenses $7.22 M $7.53 M $7.58 M $3.90 M
Other Expenses $0.00 $0.00 $0.00 $0.00
Operating Expenses $11.06 M $11.37 M $10.62 M $6.13 M
Cost And Expenses $47.22 M $40.84 M $39.58 M $26.92 M
Interest Income $0.00 $0.00 $0.00 $0.00
Interest Expense $670.00 K $838.00 K $382.00 K $1.15 M
Depreciation & Amortization $928.00 K $742.00 K $567.00 K $454.00 K
EBITDA $6.06 M -$2.80 M -$1.69 M $3.97 M
EBITDA Ratio 0.12 -0.08 -0.05 0.13
Operating Income Ratio 0.1 -0.1 -0.06 0.09
Total Other Income/Expenses Net -$670.00 K -$838.00 K -$382.00 K -$202.00 K
Income Before Tax $4.46 M -$4.38 M -$2.64 M $2.36 M
Income Before Tax Ratio 0.09 -0.12 -0.07 0.08
Income Tax Expense $227.00 K $6.00 K -$17.00 K $37.00 K
Net Income $4.24 M -$4.39 M -$2.62 M $2.32 M
Net Income Ratio 0.08 -0.12 -0.07 0.08
EPS 0.07 -0.0886 -0.0534 0.05
EPS Diluted 0.07 -0.0886 -0.0534 0.05
Weighted Average Shares Out $62.35 M $49.56 M $49.12 M $45.02 M
Weighted Average Shares Out Diluted $65.03 M $49.56 M $49.12 M $47.04 M
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