Solaris Resources (SLSR) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Nov 5, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 40-F for FY2025, filed Mar 26, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SLSR SEC filings page.
This page shows Solaris Resources Inc. (SLSR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 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 (40-F and 6-K reports).
Financial Health Signals
We do not publish a peer-relative financial health score for Solaris Resources Inc., because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Solaris Resources Inc. reported an operating loss of $38.5M against $2.6M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Solaris Resources Inc.'s EBITDA was -$37.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. The change from the prior year is not meaningful, because that figure was zero or negative.
Solaris Resources Inc. reported a net loss of $42.2M in fiscal year 2025. The change from the prior year is not meaningful, because that figure was zero or negative.
Solaris Resources Inc. earned $0.26 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 46.9% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Solaris Resources Inc. held $25.2M in cash against $653K in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
None of these metrics is reported for fiscal year 2025.
Capital Allocation
Solaris Resources Inc. invested $2.3M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 5.2% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
SLSR Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2540-F | FY2440-F | FY2340-F |
|---|---|---|---|
| Operating Income | -$38.5Mn/m | -$73.0Mn/m | -$41.2M |
| EBITDA | -$37.4Mn/m | -$72.0Mn/m | -$40.2M |
| Interest Expense | $2.6M-46.0% | $4.7M+5355.2% | $87K |
| Income Tax | $568K | N/A | N/A |
| Net Income | -$42.2Mn/m | -$77.0Mn/m | -$41.0M |
| EPS (Basic) | $0.26-46.9% | $0.49+69.0% | $0.29 |
| EPS (Diluted) | $0.26-46.9% | $0.49+69.0% | $0.29 |
| Diluted Shares (Avg) | 165M+5.0% | 157M+10.7% | 142M |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses.
SLSR Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2540-F | FY2440-F | FY2340-F |
|---|---|---|---|
| Total Assets | $58.0M+1.5% | $57.2M-7.5% | $61.8M |
| Current Assets | $26.0M-20.3% | $32.6M-17.3% | $39.4M |
| Cash & Equivalents | $25.2M-20.6% | $31.7M-18.3% | $38.9M |
| Inventory | $156K+9.1% | $143K+50.5% | $95K |
| Total Liabilities | $107.0M+61.0% | $66.5M+82.7% | $36.4M |
| Current Liabilities | $8.4M-35.7% | $13.1M+143.5% | $5.4M |
| Non-Current Liabilities | $98.6M+84.6% | $53.4M+72.2% | $31.0M |
| Long-Term Debt | $653K-98.7% | $49.2M+67.6% | $29.4M |
| Total Equity | -$56.8Mn/m | -$17.2M-198.2% | $17.5M |
| Retained Earnings | -$324.8Mn/m | -$282.6Mn/m | -$205.6M |
Not reported in any period shown, so not listed: Short-Term Investments, Accounts Receivable, Long-Term Investments, Goodwill.
SLSR Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Stock-Based Compensation, Free Cash Flow, Dividends Paid, Share Buybacks.
SLSR Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Asset Turnover, FCF Margin.
Note: Shareholder equity is negative (-$56.8M), which causes the debt-to-equity, liabilities-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Solaris Resources Inc. SLSR | FY2025 | N/A | -$42.2M | N/A | $1.2B | — |
| Versamet Royalties Corporation VMET | FY2025 | $34.8M | $20.3M | 58.5% | $971.8M | 46/100 |
| McEwen Inc. MUX | FY2025 | $197.6M | $34.4M | 17.4% | $912.4M | 37/100 |
| Avino Silver & Gold Mines Ltd. (Canada) ASM | FY2025 | $92.2M | $26.6M | 28.9% | $776.9M | 67/100 |
| Metalla Royalty & Streaming Ltd. MTA | FY2025 | $11.7M | -$4.2M | -36.1% | $722.7M | 80/100 |
Where Solaris Resources Inc. Ranks
Frequently Asked Questions
No, Solaris Resources Inc. (SLSR) reported a net loss of $42.2M in fiscal year 2025.
Solaris Resources Inc. (SLSR) had EBITDA of -$37.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
As of fiscal year 2025, Solaris Resources Inc. (SLSR) had $25.2M in cash and equivalents against $653K in long-term debt.
Solaris Resources Inc. (SLSR) had $58.0M in total assets as of fiscal year 2025, including both current and long-term assets.
Solaris Resources Inc. (SLSR) invested $2.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Solaris Resources Inc. (SLSR) had a current ratio of 3.09 as of fiscal year 2025, which is generally considered healthy.
Solaris Resources Inc. (SLSR) had a return on assets of -72.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Solaris Resources Inc. (SLSR) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $1.2B as of Nov 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Solaris Resources Inc. (SLSR) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $1.2B as of Nov 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Solaris Resources Inc. (SLSR) has negative shareholder equity of -$56.8M as of fiscal year 2025, so no debt-to-equity or liabilities-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. 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.
Solaris Resources Inc. (SLSR) reported an operating loss of $38.5M against $2.6M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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.