Sol Strategies (STKE) 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 Oct 30, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 6-K for Q1 FY2026, filed Feb 18, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the STKE SEC filings page.
Sol Strategies Inc. (STKE) reported $10.5M in revenue for fiscal year 2025, up 32.4% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 2 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.
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Sol Strategies Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Sol Strategies Inc.'s revenue surged 32.4% year-over-year to $10.5M, reflecting rapid business expansion. This strong growth earns a score of 90/100.
Sol Strategies Inc.'s current ratio of 0.11 is below the typical benchmark, resulting in a score of 1/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Sol Strategies Inc.'s operations used $7.9M of cash, and capex of $20K added to the outflow, for a free cash flow shortfall of $7.9M. This results in a cash flow score of 5/100.
Sol Strategies Inc. posts a -30.5% return on equity (ROE), meaning it loses $31 for every $100 of shareholders' equity. This results in a returns score of 12/100. This is down from 24.7% the prior year.
Sol Strategies Inc. passes 1 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), the one computable operating efficiency signal (asset turnover improving) does not pass.
Sol Strategies Inc. reported a net loss of $25.2M while operations used $7.9M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Sol Strategies Inc. reported a net loss of $8.6M in Q1 2026. This represents a decrease of 485.7% from the same quarter a year earlier.
Sol Strategies Inc. earned -$0.31 per diluted share (EPS) in Q1 2026. This represents a decrease of 382.3% from the same quarter a year earlier.
Not reported for Q1 2026.
Not reported for Q1 2026.
Cash & Balance Sheet
Sol Strategies Inc. held $162K in cash as of Q1 2026; no long-term debt figure is on record for that period.
Not reported for Q1 2026.
Not reported for Q1 2026.
Margins & Returns
Sol Strategies Inc.'s quarterly ROE was -14.8% in Q1 2026: one quarter's net income over shareholder equity, not annualized.
Not reported for Q1 2026.
Not reported for Q1 2026.
Not reported for Q1 2026.
Capital Allocation
None of these metrics is reported for Q1 2026.
STKE 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.
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense.
STKE 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 | Q1'266-K | Q4'256-K | Q1'256-K | Q4'24Filing |
|---|---|---|---|---|
| Total Assets | $96.3M | $121.8M+469.2% | N/A | $21.4M |
| Current Assets | $2.2M | $2.6M+89.9% | N/A | $1.3M |
| Cash & Equivalents | $162K-81.4% | $1.3M-4.2% | $871K | $1.3M |
| Accounts Receivable | $842K | $120K+2302.3% | N/A | $5K |
| Total Liabilities | $38.1M | $39.4M+2339.4% | N/A | $1.6M |
| Current Liabilities | $21.7M | $23.7M+1695.7% | N/A | $1.3M |
| Non-Current Liabilities | $16.4M | $15.7M+5208.9% | N/A | $296K |
| Total Equity | $58.2M | $82.4M+316.7% | N/A | $19.8M |
| Retained Earnings | -$43.0M | -$33.8Mn/m | N/A | -$7.7M |
Not reported in any period shown, so not listed: Short-Term Investments, Inventory, Long-Term Investments, Goodwill, Long-Term Debt.
STKE 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: Depreciation & Amortization, Stock-Based Compensation, Dividends Paid, Share Buybacks.
STKE 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, Debt-to-Equity.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: FCF Margin.
Note: The current ratio is below 1.0 (0.11), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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 |
|---|---|---|---|---|---|---|
| Sol Strategies Inc. STKE | FY2025 | $10.5M | -$25.2M | N/A | $48.9M | 30/100 |
| Fold Holdings, Inc. FLD | FY2025 | $31.8M | -$69.6M | N/A | $29.3M | 50/100 |
| The9 Limited NCTY | FY2025 | $15.4M | -$57.5M | N/A | $45.7M | 30/100 |
| Metalpha Technology Holding Limited MATH | FY2026 | $37.1M | $1.3M | 3.5% | $47.5M | 58/100 |
| BTCS Inc. BTCS | FY2025 | $16.5M | -$33.4M | N/A | $55.2M | 55/100 |
| Siebert Financial Corp SIEB | FY2025 | $94.2M | $5.1M | 5.4% | $77.1M | 65/100 |
Where Sol Strategies Inc. Ranks
Frequently Asked Questions
What is Sol Strategies Inc.'s annual revenue?
Sol Strategies Inc. (STKE) reported $10.5M in total revenue for fiscal year 2025. This represents a 32.4% 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 Sol Strategies Inc.'s revenue growing?
Sol Strategies Inc. (STKE) revenue grew by 32.4% year-over-year, from $7.9M to $10.5M in fiscal year 2025.
Is Sol Strategies Inc. profitable?
No, Sol Strategies Inc. (STKE) reported a net loss of $25.2M in fiscal year 2025.
What is Sol Strategies Inc.'s return on equity (ROE)?
Sol Strategies Inc. (STKE) has a return on equity of -30.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Sol Strategies Inc.'s free cash flow?
Sol Strategies Inc. (STKE) recorded an outflow of $7.9M in free cash flow during fiscal year 2025. 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 Sol Strategies Inc.'s operating cash flow?
Sol Strategies Inc. (STKE) recorded an outflow of $7.9M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Sol Strategies Inc.'s total assets?
Sol Strategies Inc. (STKE) had $121.8M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Sol Strategies Inc.'s capital expenditures?
Sol Strategies Inc. (STKE) invested $20K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Sol Strategies Inc.'s current ratio?
Sol Strategies Inc. (STKE) had a current ratio of 0.11 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Sol Strategies Inc.'s liabilities-to-equity ratio?
Sol Strategies Inc. (STKE) had a liabilities-to-equity ratio of 0.48 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.
What is Sol Strategies Inc.'s return on assets (ROA)?
Sol Strategies Inc. (STKE) had a return on assets of -20.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Sol Strategies Inc.'s P/E ratio?
Sol Strategies Inc. (STKE) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $48.9M as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Sol Strategies Inc.'s price-to-sales ratio?
Sol Strategies Inc. (STKE) trades at 4.7x sales, its market capitalization divided by $10.5M revenue, FY2025. The market capitalization is $48.9M as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Sol Strategies Inc.'s Piotroski F-Score?
Sol Strategies Inc. (STKE) has a Piotroski F-Score of 1 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Sol Strategies Inc.'s earnings high quality?
Sol Strategies Inc. (STKE) reported a net loss of $25.2M while operations used $7.9M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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.
How financially healthy is Sol Strategies Inc.?
Sol Strategies Inc. (STKE) scores 30 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.