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Soluna Holdings Inc

Company price
0.518 USD 0.06 ( 13.25%)
Last update at 2026-11-06T21:04:00Z
VOLUME
7512713
Market Cap
9.33M

Momentum Score

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Soluna Holdings, Inc. together with its subsidiaries, engages in the mining of cryptocurrency through data centers. It operates through two segments, Cryptocurrency Mining and Data Center Hosting. The company also operates in the blockchain business. In addition, the company develops and builds modular data centers that use for cryptocurrency mining. Further, it provides data center hosting services, including electrical power and network connectivity to cryptocurrency mining customers. The company was formerly known as Mechanical Technology Inc and as changed to Soluna Holdings, Inc. Soluna Holdings, Inc. was incorporated in 1961 and is headquartered in Albany, New York.

Source: TradingView
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Day Price Range
0.48
Low
0.52
High
52 Week Price Range
1.40
Low
9.75
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High

Key Metrics*

Previous Close
0.46
Dividend Yield
-
Revenue TTM
30.53M
Revenue Per Share
16.97
Gross Profit TTM
11.90M
Debt / Equity
0.75
ROE
-46.08%
Net Debt
10.41M
ROCE
-134.37%
Diluted EPS TTM
-19.48

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -108.36M -6.34M 1.55M 0.29M -
Minority interest 0.38M - - - -
Net income -107.02M -6.39M 1.95M 0.32M -
Selling general administrative 19.20M 10.75M 3.58M 2.73M -
Gross profit -7.96M 6.28M 6.53M 4.37M -
Reconciled depreciation 28.42M 3.87M 0.16M 0.09M -
Ebit -84.79M -4.48M 1.45M 0.26M 1.52M
Ebitda -8.23M -0.59M 1.61M 0.35M -
Depreciation and amortization 76.56M 3.88M 0.16M 0.09M -
Operating income -84.79M -4.48M 1.45M 0.26M -
Other operating expenses 65.22M 18.82M 8.15M 6.31M 0.41M
Interest expense 8.38M 1.88M 0.10M 0.04M 0.00M
Tax provision -1.35M 0.04M -0.39M -0.03M -
Net interest income -8.38M -1.88M - - -
Income tax expense -1.35M 0.04M -0.39M -0.03M -0.39M
Total revenue 28.55M 14.35M 9.60M 6.57M -
Total operating expenses 28.71M 10.75M 5.08M 4.11M -
Cost of revenue 36.51M 8.07M 3.07M 2.21M -
Total other income expense net -23.57M -1.87M 0.10M 0.04M -
Discontinued operations - 1.13M 3.16M 3.16M 3.16M
Net income from continuing ops -107.02M -6.39M 1.95M 0.32M -
Net income applicable to common shares - -5.89M 1.95M 0.32M 1.94M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 91.28M 84.96M 117.69M 8.65M 5.75M
Intangible assets 27.01M 36.43M 45.84M - -
Other current assets 1.52M 1.33M 14.19M 0.35M 0.06M
Total liab 37.92M 38.69M 26.71M 2.73M 1.92M
Total stockholder equity 26.51M 41.87M 90.99M 5.92M 3.83M
Other current liab 4.93M 2.72M 4.10M 1.02M 0.76M
Common stock 0.00M 0.02M 0.01M 0.11M 0.11M
Capital stock - 0.02M 0.02M 0.11M 0.11M
Retained earnings -250.97M -221.77M -123.68M -117.79M -119.74M
Other liab - - 10.79M 0.20M -
Other assets 0.00M - 1.12M 1.07M 0.40M
Cash 9.37M 1.14M 10.26M 2.63M 2.51M
Total current liabilities 28.18M 29.52M 15.68M 1.64M 1.14M
Current deferred revenue 1.59M 0.45M 0.32M - -
Net debt 10.41M 21.74M -1.72M -1.42M -1.56M
Short term debt 19.56M 22.79M 8.30M 0.32M 0.17M
Short long term debt - 22.63M 8.12M - -
Short long term debt total 19.77M 22.88M 8.54M 1.21M 0.95M
Other stockholder equity 277.48M 263.61M 214.66M 123.60M 123.47M
Property plant equipment - - 45.00M 2.05M 1.12M
Total current assets 14.28M 4.64M 24.98M 4.78M 4.24M
Long term investments - 0.00M 0.75M 0.75M 0.00M
Net tangible assets - - 45.15M 5.92M 3.83M
Net receivables 3.39M 0.32M 0.53M 0.97M 0.74M
Inventory - 0.89M 0.00M 0.83M 0.92M
Accounts payable 2.10M 3.55M 2.96M 0.30M 0.21M
Accumulated other comprehensive income 0.00M - - - -
Non currrent assets other 3.98M 0.98M 1.12M 0.31M -
Non current assets total 76.99M 80.32M 92.71M 3.87M 1.52M
Capital lease obligations - 0.24M 0.42M 1.21M 0.95M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments -11.74M -45.63M -57.30M -0.75M -0.75M
Change to liabilities - - 3.08M 0.09M 0.01M
Total cashflows from investing activities - - -57.30M -1.58M -0.08M
Net borrowings - - 16.00M 16.00M 16.00M
Total cash from financing activities 1.50M 42.94M 59.38M 0.08M -3.47M
Change to operating activities - - 0.58M -0.13M -0.23M
Net income -29.20M -107.02M -6.39M 1.95M 0.32M
Change in cash 7.55M -8.44M 7.63M 0.12M -3.26M
Begin period cash flow 1.82M 10.26M 2.63M 2.51M 5.77M
End period cash flow 9.37M 1.82M 10.26M 2.63M 2.51M
Total cash from operating activities -2.99M -5.75M 5.55M 1.62M 0.29M
Issuance of capital stock 3.67M 19.52M 45.22M 0.00M -
Depreciation 13.62M 28.42M 3.87M 0.16M 0.09M
Other cashflows from investing activities - - -0.04M -0.03M -0.03M
Dividends paid 0.66M 3.85M 0.63M 0.63M 3.54M
Change to inventory - - 0.58M 0.10M -0.09M
Change to account receivables -2.62M 0.21M -0.47M -0.23M 0.12M
Sale purchase of stock - - -14.66M - -
Other cashflows from financing activities -1.00M 48.43M 42.76M 0.08M 0.07M
Change to netincome - - 1.88M -0.31M 0.07M
Capital expenditures 12.76M 63.76M 57.27M 0.83M 0.08M
Change in working capital 2.27M 0.14M 3.19M -0.17M -0.19M
Stock based compensation 4.31M 3.67M 1.94M 0.04M 0.03M
Other non cash items 42.15M 70.43M 2.90M 3.17M 0.04M
Free cash flow -15.75M -69.51M -51.72M 0.79M 0.21M

Peer Comparison*

Sector: Financial Services Industry: Capital Markets

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
SLNH
Soluna Holdings Inc
0.06
13.25%
0.52 - - 0.22 0.17 0.85 -1.44
GS
Goldman Sachs Group Inc
-3.13
0.36%
865.82 17.21 16.00 4.47 2.26 11.15 -
SCHW
Charles Schwab Corp
-1.09
1.18%
91.49 19.53 13.89 7.16 4.22 8.80 -
MS
Morgan Stanley
-1.00
0.55%
181.44 16.50 13.76 2.80 1.65 - -
IBKR
Interactive Brokers Group Inc
-
-%
75.82 35.95 27.93 22.14 6.96 3.01 3.37

Profile*

Soluna Holdings Inc

Soluna Holdings, Inc. together with its subsidiaries, engages in the mining of cryptocurrency through data centers. It operates through two segments, Cryptocurrency Mining and Data Center Hosting. The company also operates in the blockchain business. In addition, the company develops and builds modular data centers that use for cryptocurrency mining. Further, it provides data center hosting services, including electrical power and network connectivity to cryptocurrency mining customers. The company was formerly known as Mechanical Technology Inc and as changed to Soluna Holdings, Inc. Soluna Holdings, Inc. was incorporated in 1961 and is headquartered in Albany, New York.

325 Washington Avenue Extension, Albany, NY, United States, 12205

518 218 2550

34

Name Title Year Born
Mr. Michael M. Toporek CEO & Director 1966
Mr. Philip Franklin Patman Jr., J.D. CFO, Company Sec. & Treasurer 1968
Mary O'Reilly Chief People Officer of Soluna Computing, NA
Mr. Dipul Patel Chief Technology Officer of Soluna Computing NA
Ms. Lisa Brennan Corp. Controller NA
Chase Stowell Controller NA
Mr. George Relan Global Director of Sales - Precision Instruments NA
Ms. Kim Su Lloyd Marketing Consultant - MTI Instruments NA
Mr. Michael M. Toporek Executive Chairman 1966
Mr. John Belizaire CEO & Director 1973

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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