Sol Strategies (STKE) Financial Statements & Analysis

Sol Strategies (STKE) Income Statement

Sol Strategies reported revenue of CAD 14.56M in fiscal 2025 (fiscal year ended Sep 30, 2025), up 54.9% from CAD 9.40M a year earlier. Sol Strategies posted a net loss of CAD 35.04M, compared with net income of CAD 6.61M a year earlier. Gross margin was 29.8% and operating margin -79.0%. In the most recent quarter, Q3 fiscal 2026 (ended Jun 30, 2026), revenue was CAD 1.79M, up 495.1% from the same quarter a year earlier.

Sol Strategies Income Statement Analysis

Values in millions CAD

Income Statement Balance Sheet Cash Flow Ratios

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Sol Strategies Inc. income statement - Annual data in millions CAD
Breakdown	FY 2025	FY 2024	FY 2024	FY 2023	FY 2023	FY 2022	FY 2022	FY 2021	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Sep 2025	Dec 2024	Sep 2024	Dec 2023	Sep 2023	Dec 2022	Sep 2022	Dec 2021	Sep 2021	Sep 2020	Dec 2019	Sep 2018	Sep 2017
Revenue & Gross Profit
Revenue	14.56	9.40	10.62	0.00	-5.04	0.00	3.13	0.12	0.41	0.02	0.02	0.00	0.00
Cost of Revenue	10.23	0.00	-	0.00	-	0.00	-	0.00	-	0.00	0.00	0.06	0.61
Gross Profit	4.33	9.40	10.62	0.00	-5.04	0.00	3.13	0.12	0.41	0.02	0.02	-0.06	-0.61
Operating Expenses
Research & Development	0.00	0.00	-	0.00	-	0.00	-	0.00	-	0.00	0.00	0.00	0.00
Selling, General & Administrative	14.44	2.50	1.18	1.39	1.39	2.58	1.24	1.87	1.21	0.94	0.71	0.85	1.08
Operating Expenses	15.84	1.46	2.53	6.31	1.46	-0.79	2.84	1.95	1.95	0.41	2.94	0.79	1.08
Operating Income	-11.51	7.94	8.09	-6.31	-1.46	0.79	0.29	-1.83	-1.54	-0.39	-2.91	-0.85	-1.69
Other Income/Expense
Interest Income	0.14	0.00	-	0.00	-	0.00	-	0.00	-	0.02	0.02	0.04	0.13
Interest Expense	5.58	0.00	-	0.00	-	0.00	-	0.00	-	0.00	0.00	0.00	0.00
Other Income/Expense	-33.30	0.25	2.80	0.00	-4.85	0.00	-0.22	-0.53	-	0.00	0.00	1.43	-0.35
Income
Income Before Tax	-44.81	8.19	8.19	-6.31	-6.31	0.79	0.79	-2.36	-2.36	-0.39	-2.91	0.58	-2.04
Income Tax Expense	-9.78	1.58	1.58	-0.03	-0.03	0.43	0.43	-1.19	-1.19	-0.23	0.00	-0.21	-0.58
Net Income	-35.04	6.61	6.61	-6.28	-6.28	0.36	0.36	-1.17	-1.17	-0.16	-2.91	0.79	-1.46
Net Income - Continuous Operations	-35.04	6.61	6.61	-6.28	-6.28	0.36	0.36	-1.17	-	-0.16	-2.91	0.79	-1.46
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	-1.28	7.97	8.12	-6.59	-1.39	-3.70	0.48	-1.46	-1.46	-0.41	-2.95	-0.85	-1.69
EBIT	-12.47	-	8.09	-	-1.46	-	0.29	-	-1.54	-	-	-	-
Depreciation & Amortization	10.23	0.03	0.03	0.07	0.07	0.26	0.19	0.07	0.07	0.00	0.00	0.00	0.00
Earnings Per Share
Basic EPS	-2.00	-	-	-	-	-	-	-	-	-	-	-	-
Diluted EPS	-2.00	-	-	-	-	-	-	-	-	-	-	-	-
Basic Shares Outstanding	20.09	18.98	18.65	19.51	19.51	20.01	20.01	16.78	16.78	11.39	11.27	11.27	11.24
Diluted Shares Outstanding	20.09	18.98	18.75	19.51	19.51	20.01	20.01	16.78	16.78	11.39	11.27	11.27	11.24

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Sol Strategies Financial Statements

What was Sol Strategies's revenue in fiscal 2025?

Sol Strategies reported revenue of CAD 14.56M in fiscal 2025 (fiscal year ended Sep 30, 2025). That was up 54.9% from CAD 9.40M a year earlier.

Is Sol Strategies profitable?

No. Sol Strategies reported a net loss of CAD 35.04M in fiscal 2025. In fiscal 2024 it earned CAD 6.61M.

What is Sol Strategies's operating margin?

Sol Strategies's operating income was −CAD 11.51M on revenue of CAD 14.56M in fiscal 2025, an operating margin of -79.0%, compared with 84.4% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition