SLAIYOTCFinance Services
SOLAI Ltd
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 20, 2026
$0.13−0.02 (-11.00%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
-3.1%−20.6 pts over 5 years
Operating margin
-150.9%+633.0 pts over 5 years
Net margin
-147.3%+1348.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -30.1% | -26.1% | +60.4% | +4.1% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -11.3% | -44.5% | -74.4% | |
| Return on assets | -9.4% | -37.7% | -51.4% | |
| Current ratio | 8.15 | 4.56 | 1.76 | |
| Debt to equity | 0.03 | 0.00 | – | |
| Net debt to EBITDA | – | 4.80× | – | |
| Interest coverage | – | – | – | |
| Capex to revenue | 246.1% | 10.4% | 1.0% | |
| Diluted shares | 415M | 430M | 1.73B |
Where the cash went
Fiscal 2021 to 2025, five years combined
Solai generated $185.92M from operations and spent $73.20M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$185.92M
Used
$73.20M
Capital expenditure$73.20M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-147.3%
×Asset turnover0.35×
×Equity multiplier1.45×
=Return on equity, FY2025-74.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -147.3% | 0.35× | 1.45× | -74.4% |
| FY2024 | 36.7% | 0.41× | 1.94× | 29.4% |
| FY2023 | -66.6% | 0.54× | 2.04× | -73.4% |
| FY2022 | -272.5% | 0.30× | 1.64× | -133.4% |
| FY2021 | -116.1% | 0.29× | 1.52× | -51.6% |
| FY2020 | -1495.7% | 0.03× | 1.18× | -44.5% |
| FY2019 | -1829.5% | 0.04× | 1.14× | -76.7% |
| FY2018 | -358.2% | 0.08× | 1.19× | -34.7% |
| FY2017 | -241.5% | 0.07× | 1.23× | -21.1% |
| FY2016 | -1857.2% | 0.01× | 1.20× | -11.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
2of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$33.88M
- Cash generatingOperating cash flow above zero-$26.93M
- Return on assets improvedROA up on the prior year16.6% → -39.2%
- Earnings backed by cashOperating cash flow above net income-$26.93M vs -$33.88M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.70 → 1.76
- No dilutionShare count did not rise1.17B → 1.73B
- Gross margin improvedGross margin up on the prior year43.56% → -3.11%
- More efficientAsset turnover rose0.45 → 0.27