SOLUNA HOLDINGS INC Financials

SLNH

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

Financial Health Signals

Financial Profile 25/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

SOLUNA HOLDINGS INC has an operating margin of -125.0%, meaning the company retains $-125 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -96.1% the prior year.

Growth

100

SOLUNA HOLDINGS INC's revenue surged 80.5% year-over-year to $38.0M, reflecting rapid business expansion. This strong growth earns a score of 100/100.

Liquidity

SOLUNA HOLDINGS INC's current ratio of 0.28 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 0/100, which could limit financial flexibility.

Cash Flow

While SOLUNA HOLDINGS INC generated -$5.1M in operating cash flow, capex of $9.2M consumed most of it, leaving -$14.2M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Piotroski F-Score Weak

2/9

SOLUNA HOLDINGS INC passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality Low Quality

0.08x

For every $1 of reported earnings, SOLUNA HOLDINGS INC generates $0.08 in operating cash flow (-$5.1M OCF vs -$63.3M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-18.8x

SOLUNA HOLDINGS INC earns $-18.8 in operating income for every $1 of interest expense (-$47.5M vs $2.5M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

This page shows SOLUNA HOLDINGS INC (SLNH) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

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Key Financial Metrics

Revenue

$38.0M

YoY+80.5%

5Y CAGR+42.1%

10Y CAGR+16.4%

SOLUNA HOLDINGS INC generated $38.0M in revenue in fiscal year 2024. This represents an increase of 80.5% from the prior year.

EBITDA

-$37.9M

YoY-253.4%

SOLUNA HOLDINGS INC's EBITDA was -$37.9M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 253.4% from the prior year.

Free Cash Flow

-$14.2M

YoY+9.3%

SOLUNA HOLDINGS INC generated -$14.2M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 9.3% from the prior year.

Net Income

-$63.3M

YoY-116.9%

SOLUNA HOLDINGS INC reported -$63.3M in net income in fiscal year 2024. This represents a decrease of 116.9% from the prior year.

EPS (Diluted)

$-14.94

SOLUNA HOLDINGS INC earned $-14.94 per diluted share (EPS) in fiscal year 2024. This represents an increase of 46.2% from the prior year.

Cash & Debt

$7.8M

YoY+23.2%

5Y CAGR+25.6%

10Y CAGR+20.5%

SOLUNA HOLDINGS INC held $7.8M in cash against $7.1M in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

11M

SOLUNA HOLDINGS INC had 11M shares outstanding in fiscal year 2024. This represents an increase of 323.3% from the prior year.

Gross Margin

-62.4%

YoY-75.6pp

5Y CAGR-128.9pp

10Y CAGR-123.5pp

SOLUNA HOLDINGS INC's gross margin was -62.4% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 75.6 percentage points from the prior year.

Operating Margin

-125.0%

YoY-28.9pp

5Y CAGR-128.9pp

10Y CAGR-129.3pp

SOLUNA HOLDINGS INC's operating margin was -125.0% in fiscal year 2024, reflecting core business profitability. This is down 28.9 percentage points from the prior year.

Net Margin

-166.6%

YoY-28.0pp

5Y CAGR-171.5pp

10Y CAGR-209.4pp

SOLUNA HOLDINGS INC's net profit margin was -166.6% in fiscal year 2024, showing the share of revenue converted to profit. This is down 28.0 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$9.2M

YoY-27.9%

5Y CAGR+156.2%

10Y CAGR+55.9%

SOLUNA HOLDINGS INC invested $9.2M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 27.9% from the prior year.

SLNH Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$38.0M+80.5%	$21.1M-26.2%	$28.5M+99.0%	$14.3M+2310.9%	$595K-90.9%	$6.6M
Cost of Revenue	$28.6M+80.9%	$15.8M-56.6%	$36.5M	N/A	$2.7M+21.0%	$2.2M
Gross Profit	-$23.7M-956.9%	$2.8M+134.8%	-$8.0M	N/A	-$2.1M-147.5%	$4.4M
R&D Expenses	N/A	N/A	N/A	N/A	$1.5M+8.0%	$1.4M
SG&A Expenses	$28.2M+13.2%	$24.9M-13.3%	$28.7M+167.0%	$10.8M+486.8%	$1.8M-32.8%	$2.7M
Operating Income	-$47.5M-134.8%	-$20.2M+76.1%	-$84.8M-1794.3%	-$4.5M-172.6%	-$1.6M-734.0%	$259K
Interest Expense	$2.5M-8.0%	$2.7M-67.2%	$8.4M+345.7%	$1.9M	N/A	N/A
Income Tax	-$2.5M-133.1%	-$1.1M+20.7%	-$1.3M-3159.1%	$44K+113.3%	-$332K-1085.7%	-$28K
Net Income	-$63.3M-116.9%	-$29.2M+70.4%	-$98.7M-1776.4%	-$5.3M-370.3%	$1.9M+502.5%	$323K
EPS (Diluted)	$-14.94	$-27.79	$-174.41	$-0.50-350.0%	$0.20+566.7%	$0.03

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q3'23	Q2'23
Revenue	$8.4M+36.7%	$6.2M+3.7%	$5.9M-28.2%	$8.3M-14.5%	$9.7M-22.9%	$12.5M+24.0%	$10.1M+389.3%	$2.1M
Cost of Revenue	$6.1M+22.5%	$5.0M+4.3%	$4.8M-44.3%	$8.6M+53.8%	$5.6M-0.9%	$5.6M-3.7%	$5.8M+137.3%	$2.5M
Gross Profit	$802K+106.2%	$389K+15.1%	$338K+101.1%	-$29.8M-992.2%	$3.3M-41.3%	$5.7M+213.5%	$1.8M+566.4%	-$390K
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$10.1M+29.6%	$7.8M-6.6%	$8.3M+31.3%	$6.4M-18.3%	$7.8M+21.7%	$6.4M-2.3%	$6.5M+0.5%	$6.5M
Operating Income	-$7.8M-17.5%	-$6.6M+7.7%	-$7.2M+79.6%	-$35.2M-858.9%	-$3.7M-1002.9%	$407K+116.8%	-$2.4M+65.8%	-$7.1M
Interest Expense	$1.2M+1.3%	$1.2M+42.7%	$838K+0.6%	$833K+85.5%	$449K+5.9%	$424K+7.9%	$393K-19.1%	$486K
Income Tax	-$666K-9.5%	-$608K-43.1%	-$425K+42.8%	-$743K-14.5%	-$649K-18.4%	-$548K-1.1%	-$542K+0.9%	-$547K
Net Income	-$24.0M-224.5%	-$7.4M+2.3%	-$7.6M+80.4%	-$38.5M-254.3%	-$10.9M-106.9%	-$5.3M-5.1%	-$5.0M+43.1%	-$8.8M
EPS (Diluted)	$-1.14-22.6%	$-0.93+23.1%	$-1.21+83.1%	$-7.14-97.2%	$-3.62-38.2%	$-2.62-31.7%	$-1.99+79.1%	$-9.54

SLNH Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$88.0M-3.5%	$91.3M+7.4%	$85.0M-27.8%	$117.7M+1261.1%	$8.6M+50.4%	$5.8M
Current Assets	$13.5M-5.5%	$14.3M+279.7%	$3.8M-84.9%	$25.0M+422.7%	$4.8M+12.8%	$4.2M
Cash & Equivalents	$7.8M+23.2%	$6.4M+460.6%	$1.1M-88.9%	$10.3M+290.0%	$2.6M+4.8%	$2.5M
Inventory	N/A	N/A	N/A	N/A	$828K-10.4%	$924K
Accounts Receivable	$2.7M-8.6%	$2.9M+821.3%	$320K-39.7%	$531K+800.0%	$59K-92.1%	$745K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$100.5M+55.2%	$64.8M+67.4%	$38.7M+44.9%	$26.7M+877.9%	$2.7M+42.4%	$1.9M
Current Liabilities	$47.9M+69.9%	$28.2M-4.5%	$29.5M+88.2%	$15.7M+858.0%	$1.6M+43.3%	$1.1M
Long-Term Debt	$7.1M	N/A	$13.0M	N/A	N/A	N/A
Total Equity	-$12.5M-147.1%	$26.5M-36.7%	$41.9M-54.0%	$91.0M+1438.0%	$5.9M+54.3%	$3.8M
Retained Earnings	-$314.3M-25.2%	-$251.0M-13.2%	-$221.8M-80.2%	-$123.1M-4.5%	-$117.8M+1.6%	-$119.7M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q3'23	Q2'23
Total Assets	$152.0M+65.3%	$92.0M+2.1%	$90.0M+2.3%	$88.0M-10.8%	$98.7M+8.9%	$90.6M-0.7%	$91.3M-5.6%	$96.6M
Current Assets	$66.4M+291.1%	$17.0M+7.7%	$15.8M+16.8%	$13.5M-50.9%	$27.5M+61.7%	$17.0M+19.0%	$14.3M-37.0%	$22.7M
Cash & Equivalents	$51.4M+420.1%	$9.9M+7.8%	$9.2M+16.8%	$7.8M-17.9%	$9.6M+13.3%	$8.4M+32.5%	$6.4M+38.4%	$4.6M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$4.4M+66.4%	$2.6M+12.1%	$2.4M-12.2%	$2.7M-21.6%	$3.4M-22.4%	$4.4M+50.2%	$2.9M+91.8%	$1.5M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$137.6M+23.5%	$111.4M+5.0%	$106.1M+5.6%	$100.5M+35.3%	$74.3M+7.5%	$69.1M+6.7%	$64.8M+1.4%	$63.9M
Current Liabilities	$56.2M+17.4%	$47.9M+0.6%	$47.6M-0.7%	$47.9M+47.2%	$32.5M+0.1%	$32.5M+15.3%	$28.2M+70.5%	$16.5M
Long-Term Debt	$13.3M+32.3%	$10.0M-1.7%	$10.2M+44.3%	$7.1M-21.8%	$9.0M	N/A	$1.1M-10.6%	$1.2M
Total Equity	$14.5M+174.4%	-$19.5M-21.1%	-$16.1M-28.7%	-$12.5M-151.2%	$24.4M+13.2%	$21.5M-18.8%	$26.5M-19.1%	$32.8M
Retained Earnings	-$353.2M-7.3%	-$329.2M-2.3%	-$321.9M-2.4%	-$314.3M-17.7%	-$267.1M-4.2%	-$256.2M-2.1%	-$251.0M-5.6%	-$237.6M

SLNH Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	-$5.1M-69.7%	-$3.0M+51.2%	-$6.1M-232.0%	$4.6M+481.8%	-$1.2M-520.1%	$289K
Capital Expenditures	$9.2M-27.9%	$12.7M-80.0%	$63.7M+39.1%	$45.8M+5588.4%	$805K+869.9%	$83K
Free Cash Flow	-$14.2M+9.3%	-$15.7M+77.5%	-$69.8M-69.6%	-$41.2M-1938.5%	-$2.0M-1080.1%	$206K
Investing Cash Flow	-$13.2M-27.4%	-$10.3M+81.1%	-$54.7M+4.5%	-$57.3M-3022.6%	-$1.8M-2109.6%	-$83K
Financing Cash Flow	$18.3M-16.2%	$21.9M-49.1%	$42.9M-27.7%	$59.4M+71443.4%	$83K+102.4%	-$3.5M
Dividends Paid	N/A	N/A	N/A	$630K	$0-100.0%	$3.5M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q3'23	Q2'23
Operating Cash Flow	-$2.2M-101.3%	-$1.1M-519.2%	-$177K+89.3%	-$1.7M+77.4%	-$7.3M-290.2%	$3.9M+171.7%	$1.4M+281.0%	-$783K
Capital Expenditures	$4.6M-45.7%	$8.6M+124.7%	$3.8M-30.1%	$5.4M+2314.6%	-$246K-146.9%	$524K+206.4%	$171K-91.6%	$2.0M
Free Cash Flow	-$6.8M+29.0%	-$9.7M-142.2%	-$4.0M+43.9%	-$7.1M+6.1%	-$7.6M-327.6%	$3.3M+166.9%	$1.2M+144.2%	-$2.8M
Investing Cash Flow	-$9.8M-107.7%	-$4.7M-29.4%	-$3.6M+33.5%	-$5.5M-292.0%	-$1.4M-68.8%	-$827K-288.3%	-$213K+97.7%	-$9.1M
Financing Cash Flow	$57.3M+780.1%	$6.5M-16.7%	$7.8M+45.3%	$5.4M-45.3%	$9.8M+592.7%	-$2.0M-124.3%	-$890K-105.9%	$15.1M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

SLNH Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	-62.4%-75.6pp	13.2%+41.0pp	-27.9%	N/A	-348.6%-415.0pp	66.4%
Operating Margin	-125.0%-28.9pp	-96.1%+200.9pp	-297.0%-265.8pp	-31.2%+244.8pp	-276.0%-279.9pp	3.9%
Net Margin	-166.6%-28.0pp	-138.6%+207.2pp	-345.8%-309.1pp	-36.7%-363.7pp	327.1%+322.1pp	4.9%
Return on Equity	N/A	N/A	N/A	N/A	32.9%+24.5pp	8.4%
Return on Assets	-71.9%-40.0pp	-32.0%+84.2pp	-116.2%-111.7pp	-4.5%-27.0pp	22.5%+16.9pp	5.6%
Current Ratio	0.28-0.2	0.51+0.4	0.13-1.5	1.59-1.3	2.92-0.8	3.71
Debt-to-Equity	-0.57-3.0	2.44+2.1	0.31+0.0	0.29-0.2	0.46-0.0	0.50
FCF Margin	-37.4%+37.1pp	-74.5%+170.0pp	-244.5%+42.4pp	-286.9%+52.4pp	-339.3%-342.5pp	3.1%

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q3'23	Q2'23
Gross Margin	9.5%+3.2pp	6.3%+0.6pp	5.7%+366.5pp	-360.8%-395.4pp	34.6%-10.9pp	45.5%+27.5pp	18.0%+36.8pp	-18.9%
Operating Margin	-92.5%+15.1pp	-107.6%+13.3pp	-120.9%+305.1pp	-426.0%-388.0pp	-38.0%-41.2pp	3.2%+27.2pp	-23.9%+318.2pp	-342.1%
Net Margin	-284.7%-164.8pp	-119.9%+7.4pp	-127.3%+338.3pp	-465.6%-353.3pp	-112.4%-70.5pp	-41.9%+7.5pp	-49.4%+374.9pp	-424.3%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-15.8%-7.7pp	-8.0%+0.4pp	-8.4%+35.4pp	-43.8%-32.7pp	-11.0%-5.2pp	-5.8%-0.3pp	-5.5%+3.6pp	-9.1%
Current Ratio	1.18+0.8	0.35+0.0	0.33+0.0	0.28-0.6	0.84+0.3	0.52+0.0	0.51-0.9	1.37
Debt-to-Equity	0.92+1.4	-0.52+0.1	-0.63-0.1	-0.57-0.9	0.37-2.8	3.21+0.8	2.44+2.4	0.04
FCF Margin	-81.4%+75.4pp	-156.8%-89.6pp	-67.1%+18.8pp	-85.9%-7.7pp	-78.2%-104.7pp	26.5%+14.2pp	12.3%+148.6pp	-136.3%

Note: Shareholder equity is negative (-$12.5M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.28), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is SOLUNA HOLDINGS INC's annual revenue?

SOLUNA HOLDINGS INC (SLNH) reported $38.0M in total revenue for fiscal year 2024. This represents a 80.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is SOLUNA HOLDINGS INC's revenue growing?

SOLUNA HOLDINGS INC (SLNH) revenue grew by 80.5% year-over-year, from $21.1M to $38.0M in fiscal year 2024.

Is SOLUNA HOLDINGS INC profitable?

No, SOLUNA HOLDINGS INC (SLNH) reported a net income of -$63.3M in fiscal year 2024, with a net profit margin of -166.6%.

What is SOLUNA HOLDINGS INC's earnings per share (EPS)?

SOLUNA HOLDINGS INC (SLNH) reported diluted earnings per share of $-14.94 for fiscal year 2024. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is SOLUNA HOLDINGS INC's EBITDA?

SOLUNA HOLDINGS INC (SLNH) had EBITDA of -$37.9M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does SOLUNA HOLDINGS INC have?

As of fiscal year 2024, SOLUNA HOLDINGS INC (SLNH) had $7.8M in cash and equivalents against $7.1M in long-term debt.

What is SOLUNA HOLDINGS INC's gross margin?

SOLUNA HOLDINGS INC (SLNH) had a gross margin of -62.4% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is SOLUNA HOLDINGS INC's operating margin?

SOLUNA HOLDINGS INC (SLNH) had an operating margin of -125.0% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is SOLUNA HOLDINGS INC's net profit margin?

SOLUNA HOLDINGS INC (SLNH) had a net profit margin of -166.6% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is SOLUNA HOLDINGS INC's free cash flow?

SOLUNA HOLDINGS INC (SLNH) generated -$14.2M in free cash flow during fiscal year 2024. This represents a 9.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is SOLUNA HOLDINGS INC's operating cash flow?

SOLUNA HOLDINGS INC (SLNH) generated -$5.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are SOLUNA HOLDINGS INC's total assets?

SOLUNA HOLDINGS INC (SLNH) had $88.0M in total assets as of fiscal year 2024, including both current and long-term assets.

What are SOLUNA HOLDINGS INC's capital expenditures?

SOLUNA HOLDINGS INC (SLNH) invested $9.2M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How many shares does SOLUNA HOLDINGS INC have outstanding?

SOLUNA HOLDINGS INC (SLNH) had 11M shares outstanding as of fiscal year 2024.

What is SOLUNA HOLDINGS INC's current ratio?

SOLUNA HOLDINGS INC (SLNH) had a current ratio of 0.28 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

What is SOLUNA HOLDINGS INC's debt-to-equity ratio?

SOLUNA HOLDINGS INC (SLNH) had a debt-to-equity ratio of -0.57 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is SOLUNA HOLDINGS INC's return on assets (ROA)?

SOLUNA HOLDINGS INC (SLNH) had a return on assets of -71.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is SOLUNA HOLDINGS INC's cash runway?

Based on fiscal year 2024 data, SOLUNA HOLDINGS INC (SLNH) had $7.8M in cash against an annual operating cash burn of $5.1M. This gives an estimated cash runway of approximately 19 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Why is SOLUNA HOLDINGS INC's debt-to-equity ratio negative or unusual?

SOLUNA HOLDINGS INC (SLNH) has negative shareholder equity of -$12.5M as of fiscal year 2024, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is SOLUNA HOLDINGS INC's Piotroski F-Score?

SOLUNA HOLDINGS INC (SLNH) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are SOLUNA HOLDINGS INC's earnings high quality?

SOLUNA HOLDINGS INC (SLNH) has an earnings quality ratio of 0.08x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can SOLUNA HOLDINGS INC cover its interest payments?

SOLUNA HOLDINGS INC (SLNH) has an interest coverage ratio of -18.8x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is SOLUNA HOLDINGS INC?

SOLUNA HOLDINGS INC (SLNH) scores 25 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.