SOLAI LtdSLAIEarnings & Financial Report
NYSE · Financials · Finance Services
Revenue
$19.4M
Gross Profit
$10.1M
Operating Profit
$-509.0K
Net Profit
$18.9M
Gross Margin
52.4%
Operating Margin
-2.6%
Net Margin
97.9%
YoY Growth
-8.1%
EPS
$0.02
SOLAI Ltd Q2 FY2024 Financial Summary
SOLAI Ltd reported revenue of $19.4M (down 8.1% YoY) for Q2 FY2024, with a net profit of $18.9M (up 423.8% YoY) (97.9% margin). Cost of goods sold was $9.2M, operating expenses totaled $10.6M.
Key Financial Metrics
| Total Revenue | $19.4M |
|---|---|
| Net Profit | $18.9M |
| Gross Margin | 52.4% |
| Operating Margin | -2.6% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
SOLAI Ltd Q2 FY2024 revenue of $19.4M breaks down across 2 segments, led by Data center at $10.3M (53.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Data center | $10.3M | 53.0% |
| Cryptocurrency mining | $9.1M | 47.0% |
SOLAI Ltd Revenue by Segment — Quarterly Trend
SOLAI Ltd revenue by segment across the last 2 reported quarters, showing how each business line (such as Data center and Cryptocurrency mining) has evolved quarter over quarter.
| Segment | Q2 FY2025 | Q2 FY2024 |
|---|---|---|
| Data center | $6.5M | $10.3M |
| Cryptocurrency mining | $4.6M | $9.1M |
SOLAI Ltd Quarterly Revenue & Net Profit History
SOLAI Ltd results over the last 2 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2025 | $11.0M | -43.1% | $-13.9M | -126.2% |
| Q2 FY2024 | $19.4M | -8.1% | $18.9M | 97.9% |
Income Statement
| Q2 2024 | Q2 2025 | |
|---|---|---|
| Revenue | $19.4M | $11.0M |
| YoY Growth | -8.1% | -43.1% |
Balance Sheet
| Q2 2024 | Q2 2025 | |
|---|---|---|
| Assets | $63.3M | $69.1M |
| Liabilities | $17.4M | $15.3M |
| Equity | $45.9M | $43.8M |
Cash Flow
| Q2 2024 | Q2 2025 | |
|---|---|---|
| Operating CF | $-12.1M | $-17.0M |