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Side-by-side financial comparison of Recon Technology, Ltd (RCON) and SOLAI Ltd (SLAI). Click either name above to swap in a different company.
Recon Technology, Ltd is the larger business by last-quarter revenue ($12.2M vs $11.0M, roughly 1.1× SOLAI Ltd). Recon Technology, Ltd runs the higher net margin — -6.8% vs -126.2%, a 119.4% gap on every dollar of revenue. On growth, Recon Technology, Ltd posted the faster year-over-year revenue change (111.0% vs -43.1%).
Recon Instruments Inc. was a Canadian technology company that produced smartglasses and wearable displays marketed by the company as "heads-up displays" for sports. Recon's products delivered live activity metrics, GPS maps, and notifications directly to the user's eye. Recon's first heads-up display offering was released commercially in October 2010, roughly a year and a half before Google introduced Google Glass.
RCON vs SLAI — Head-to-Head
Income Statement — Q2 FY2026 vs Q2 FY2025
| Metric | | |
|---|---|---|
| Revenue | $12.2M | $11.0M |
| Net Profit | $-832.7K | $-13.9M |
| Gross Margin | 33.5% | 0.1% |
| Operating Margin | -14.6% | -126.2% |
| Net Margin | -6.8% | -126.2% |
| Revenue YoY | 111.0% | -43.1% |
| Net Profit YoY | 70.5% | -173.4% |
| EPS (diluted) | $-0.09 | $-0.01 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $12.2M | — | ||
| Q2 25 | — | $11.0M | ||
| Q4 24 | $5.8M | — | ||
| Q2 24 | — | $19.4M | ||
| Q4 23 | $6.4M | — |
| Q4 25 | $-832.7K | — | ||
| Q2 25 | — | $-13.9M | ||
| Q4 24 | $-2.8M | — | ||
| Q2 24 | — | $18.9M | ||
| Q4 23 | $-3.2M | — |
| Q4 25 | 33.5% | — | ||
| Q2 25 | — | 0.1% | ||
| Q4 24 | 31.7% | — | ||
| Q2 24 | — | 52.4% | ||
| Q4 23 | 26.7% | — |
| Q4 25 | -14.6% | — | ||
| Q2 25 | — | -126.2% | ||
| Q4 24 | -63.9% | — | ||
| Q2 24 | — | -2.6% | ||
| Q4 23 | -50.4% | — |
| Q4 25 | -6.8% | — | ||
| Q2 25 | — | -126.2% | ||
| Q4 24 | -48.9% | — | ||
| Q2 24 | — | 97.9% | ||
| Q4 23 | -49.8% | — |
| Q4 25 | $-0.09 | — | ||
| Q2 25 | — | $-0.01 | ||
| Q4 24 | $-0.31 | — | ||
| Q2 24 | — | $0.02 | ||
| Q4 23 | $-1.16 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $10.7M | $1.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $66.4M | $43.8M |
| Total Assets | $77.6M | $69.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $10.7M | — | ||
| Q2 25 | — | $1.2M | ||
| Q4 24 | $19.9M | — | ||
| Q2 24 | — | $2.3M | ||
| Q4 23 | $36.0M | — |
| Q4 25 | $66.4M | — | ||
| Q2 25 | — | $43.8M | ||
| Q4 24 | $66.9M | — | ||
| Q2 24 | — | $45.9M | ||
| Q4 23 | $60.0M | — |
| Q4 25 | $77.6M | — | ||
| Q2 25 | — | $69.1M | ||
| Q4 24 | $74.2M | — | ||
| Q2 24 | — | $63.3M | ||
| Q4 23 | $68.1M | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-1.9M | $-17.0M |
| Free Cash FlowOCF − Capex | — | $-17.0M |
| FCF MarginFCF / Revenue | — | -154.2% |
| Capex IntensityCapex / Revenue | — | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.9M | — | ||
| Q2 25 | — | $-17.0M | ||
| Q4 24 | $-1.7M | — | ||
| Q2 24 | — | $-12.1M | ||
| Q4 23 | $-931.0K | — |
| Q4 25 | — | — | ||
| Q2 25 | — | $-17.0M | ||
| Q4 24 | — | — | ||
| Q2 24 | — | — | ||
| Q4 23 | — | — |
| Q4 25 | — | — | ||
| Q2 25 | — | -154.2% | ||
| Q4 24 | — | — | ||
| Q2 24 | — | — | ||
| Q4 23 | — | — |
| Q4 25 | — | — | ||
| Q2 25 | — | 0.0% | ||
| Q4 24 | — | — | ||
| Q2 24 | — | — | ||
| Q4 23 | — | — |
| Q4 25 | — | — | ||
| Q2 25 | — | — | ||
| Q4 24 | — | — | ||
| Q2 24 | — | -0.64× | ||
| Q4 23 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
RCON
Segment breakdown not available.
SLAI
| Data center | $6.5M | 59% |
| Cryptocurrency mining | $4.6M | 41% |
