Cash flow Solaris Resources Inc.

Equities

SLS

CA83419D2014

Diversified Mining

Market Closed - Toronto S.E. Other stock markets 16:00:00 2026-01-20 EST			5-day change	1st Jan Change
12.45 ^CAD	+0.16%		+8.17%	+13.18%

12-31	Copper Remains in Touching Distance of Record Highs	MT
12-29	Copper Brief: LME Copper Up 1.7% at 12,372.50	MT

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Published financial data: SOLARIS RESOURCES INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Selling General & Admin Expenses, Total	3.82M	9.5M	8.82M	10.22M	11.47M
Exploration / Drilling Costs, Total	15.52M	49.85M	51.49M	30.95M	61.51M
Impairment of Oil, Gas & Mineral Properties - (IS)	-	-	-	251K	-
Other Operating Expenses, Total	19.34M	59.35M	60.31M	41.42M	72.98M
Operating Income	-19.34M	-59.35M	-60.31M	-41.42M	-72.98M
Interest Expense, Total	-	-	-	-	-5.07M
Interest And Investment Income	88K	398K	366K	508K	965K
Net Interest Expenses	88K	398K	366K	508K	-4.1M
Other Non Operating Income (Expenses)	-6.74M	2.1M	1.23M	-169K	-
EBT, Excl. Unusual Items	-25.99M	-56.86M	-58.72M	-41.08M	-77.08M
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	-25.99M	-56.86M	-58.72M	-41.08M	-77.08M
Earnings From Continuing Operations	-25.99M	-56.86M	-58.72M	-41.08M	-77.08M
Net Income to Company	-25.99M	-56.86M	-58.72M	-41.08M	-77.08M
Minority Interest	72K	61K	59K	75K	64K
Net Income - (IS)	-25.92M	-56.8M	-58.66M	-41.01M	-77.02M
Net Income to Common Incl Extra Items	-25.92M	-56.8M	-58.66M	-41.01M	-77.02M
Net Income to Common Excl. Extra Items	-25.92M	-56.8M	-58.66M	-41.01M	-77.02M
Per Share Items
Net EPS - Basic	-0.33	-0.53	-0.52	-0.29	-0.49
Basic EPS - Continuing Operations	-0.33	-0.53	-0.52	-0.29	-0.49
Basic Weighted Average Shares Outstanding	77.4M	108M	114M	142M	157M
Net EPS - Diluted	-0.33	-0.53	-0.52	-0.29	-0.49
Diluted EPS - Continuing Operations	-0.33	-0.53	-0.52	-0.29	-0.49
Diluted Weighted Average Shares Outstanding	77.4M	108M	114M	142M	157M
Normalized Basic EPS	-0.21	-0.33	-0.32	-0.18	-0.31
Normalized Diluted EPS	-0.21	-0.33	-0.32	-0.18	-0.31
Supplemental Items
EBITDA	-19.31M	-59.05M	-59.7M	-40.42M	-72.2M
EBITA	-19.34M	-59.35M	-60.31M	-41.42M	-72.98M
EBIT	-19.34M	-59.35M	-60.31M	-41.42M	-72.98M
EBITDAR	-19.1M	-58.76M	-59.37M	-40.08M	-71.84M
Normalized Net Income	-16.17M	-35.47M	-36.64M	-25.6M	-48.11M
Interest on Long-Term Debt	5K	21K	28K	18K	36K
Supplemental Operating Expense Items
General and Administrative Expenses	3.82M	9.5M	8.82M	10.22M	11.47M
Exploration/Drilling Costs	15.52M	49.85M	51.49M	30.95M	61.51M
Net Rental Expense, Total	212K	287K	337K	338K	369K
Imputed Operating Lease Interest Expense	-	-	-	-	378K
Imputed Operating Lease Depreciation	-	-	-	-	-9.46K
Stock-Based Compensation - Exploration Costs / Drilling Costs, Total	-	-	-	-	-
Stock-Based Comp., G&A Exp. (Total)	1.59M	4.9M	3.51M	5.13M	4M
Total Stock-Based Compensation	1.59M	4.9M	3.51M	5.13M	4M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	73.59M	33.9M	14.77M	38.86M	31.74M
Total Cash And Short Term Investments	73.59M	33.9M	14.77M	38.86M	31.74M
Other Receivables	-	147K	251K	198K	165K
Total Receivables	-	147K	251K	198K	165K
Inventory	-	86K	102K	95K	143K
Prepaid Expenses	244K	724K	137K	230K	534K
Total Current Assets	73.84M	34.85M	15.26M	39.39M	32.58M
Gross Property Plant And Equipment	21.19M	23.3M	24.13M	23.95M	27.06M
Accumulated Depreciation	-173K	-581K	-1.17M	-2.09M	-3.01M
Net Property Plant And Equipment	21.02M	22.72M	22.96M	21.86M	24.04M
Other Long-Term Assets, Total	70K	74K	313K	571K	571K
Total Assets	94.92M	57.65M	38.54M	61.82M	57.2M
Liabilities
Accounts Payable, Total	3.23M	10.75M	8.34M	5.27M	12.84M
Accrued Expenses, Total	66K	-	-	-	-
Current Portion of Leases	56K	136K	145K	88K	216K
Other Current Liabilities	4M	1.78M	365K	-	-
Total Current Liabilities	7.35M	12.67M	8.85M	5.36M	13.06M
Long-Term Debt	-	-	-	29.36M	49.21M
Long-Term Leases	79K	188K	90K	3K	217K
Other Non Current Liabilities	936K	1.67M	1.37M	1.67M	4M
Total Liabilities	8.36M	14.53M	10.3M	36.39M	66.48M
Common Stock, Total	110M	120M	170M	206M	245M
Retained Earnings	-49.1M	-106M	-165M	-206M	-283M
Comprehensive Income and Other	17.51M	21.55M	14.92M	16.72M	20.66M
Total Common Equity	78.64M	35.21M	20.32M	17.52M	-17.2M
Minority Interest	7.91M	7.91M	7.91M	7.91M	7.91M
Total Equity	86.56M	43.12M	28.23M	25.43M	-9.29M
Total Liabilities And Equity	94.92M	57.65M	38.54M	61.82M	57.2M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	108M	109M	147M	151M	163M
ECS Total Common Shares Outstanding	105M	109M	123M	151M	163M
Book Value / Share	0.75	0.32	0.17	0.12	-0.11
Tangible Book Value	78.64M	35.21M	20.32M	17.52M	-17.2M
Tangible Book Value Per Share	0.75	0.32	0.17	0.12	-0.11
Total Debt	135K	324K	235K	29.45M	49.64M
Net Debt	-73.46M	-33.57M	-14.54M	-9.41M	17.9M
Debt Equivalent Oper. Leases	1.7M	2.3M	2.7M	2.7M	2.95M
Minority Interest, Total (Incl. Fin. Div)	7.91M	7.91M	7.91M	7.91M	7.91M
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Others	-	86K	102K	95K	143K
Machinery, Total	109K	456K	605K	648K	873K
Full Time Employees	-	62	64	60	66

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-25.92M	-56.8M	-58.66M	-41.01M	-77.02M
Depreciation & Amortization - CF	68K	408K	783K	928K	1.01M
Impairment of Oil, Gas & Mineral Properties - (CF)	-	-	-	251K	-
Depreciation & Amortization, Total	68K	408K	783K	1.18M	1.01M
(Gain) Loss From Sale Of Asset	-	-600K	131K	-	-
Stock-Based Compensation (CF)	1.59M	4.9M	3.51M	5.13M	4M
Other Operating Activities, Total	7.48M	-1.42M	-1.91M	-157K	6.26M
Change In Accounts Receivable	-	-	-	-	-
Change In Accounts Payable	2.8M	7.48M	-2.54M	-3.4M	7.56M
Change in Other Net Operating Assets	-128K	-623K	298K	-67K	-209K
Cash from Operations	-14.11M	-46.66M	-58.39M	-38.31M	-58.39M
Capital Expenditure	-684K	-1.68M	-1.12M	-89K	-2.66M
Cash Acquisitions	-	-	-	-	-
Sale (Purchase) of Real Estate properties	-	600K	-	-	-
Other Investing Activities, Total	-	-4K	-239K	-258K	-
Cash from Investing	-684K	-1.09M	-1.36M	-347K	-2.66M
Long-Term Debt Issued, Total	-	-	-	30M	15M
Total Debt Issued	-	-	-	30M	15M
Long-Term Debt Repaid, Total	-44K	-265K	-155K	-162K	-240K
Total Debt Repaid	-44K	-265K	-155K	-162K	-240K
Issuance of Common Stock	81.75M	7M	40.93M	32.34M	39.65M
Other Financing Activities, Total	-537K	483K	479K	94K	60K
Cash from Financing	81.17M	7.21M	41.25M	62.27M	54.47M
Foreign Exchange Rate Adjustments	1.13M	839K	-634K	488K	-548K
Net Change in Cash	67.5M	-39.7M	-19.13M	24.1M	-7.13M
Supplemental Items
Levered Free Cash Flow	-4.39M	-28.94M	-37.88M	-23.12M	-39.18M
Unlevered Free Cash Flow	-4.39M	-28.94M	-37.88M	-23.12M	-36.01M
Change In Net Working Capital	-6.72M	-4.53M	3.36M	3.46M	-7.25M
Net Debt Issued / Repaid	-44K	-265K	-155K	29.84M	14.76M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-19.26	-48.62	-78.38	-51.59	-76.65
Return on Total Capital	-20.96	-57.01	-104.84	-62.12	-95.79
Return On Equity %	-45.16	-87.69	-164.59	-153.13	-955.21
Return on Common Equity	-52.16	-99.77	-211.28	-216.78	-49.06K
Short Term Liquidity
Current Ratio	10.05	2.75	1.73	7.35	2.5
Quick Ratio	10.02	2.69	1.7	7.29	2.44
Operating Cash Flow to Current Liabilities	-1.92	-3.68	-6.6	-7.15	-4.47
Long Term Solvency
Total Debt/Equity	0.16	0.75	0.83	115.84	-534.5
Total Debt / Total Capital	0.16	0.75	0.83	53.67	123.01
LT Debt/Equity	0.09	0.44	0.32	115.5	-532.17
Long-Term Debt / Total Capital	0.09	0.43	0.32	53.51	122.48
Total Liabilities / Total Assets	8.81	25.21	26.74	58.87	116.24
EBIT / Interest Expense	-	-	-	-	-14.39
EBITDA / Interest Expense	-	-	-	-	-14.19
(EBITDA - Capex) / Interest Expense	-	-	-	-	-14.72
Total Debt / EBITDA	-0.01	-0.01	-0	-0.73	-0.69
Net Debt / EBITDA	3.81	0.57	0.24	0.23	-0.25
Total Debt / (EBITDA - Capex)	-0.01	-0.01	-0	-0.73	-0.67
Net Debt / (EBITDA - Capex)	3.68	0.55	0.24	0.23	-0.24
Growth Over Prior Year
EBITDA, 1 Yr. Growth %	256	205.76	1.11	-32.3	78.64
EBITA, 1 Yr. Growth %	256.02	206.89	1.61	-31.32	76.18
EBIT, 1 Yr. Growth %	256.02	206.89	1.61	-31.32	76.18
Earnings From Cont. Operations, 1 Yr. Growth %	838.64	118.76	3.27	-30.03	87.62
Net Income, 1 Yr. Growth %	854.66	119.13	3.28	-30.09	87.81
Normalized Net Income, 1 Yr. Growth %	800.47	119.35	3.28	-30.12	87.92
Diluted EPS Before Extra, 1 Yr. Growth %	463.84	57.65	-2.19	-44.12	69.66
Inventory, 1 Yr. Growth %	-	3.61	18.6	-6.86	50.53
Net Property, Plant and Equip., 1 Yr. Growth %	3.41	8.12	1.06	-4.79	9.99
Total Assets, 1 Yr. Growth %	210.39	-39.27	-33.16	60.43	-7.48
Tangible Book Value, 1 Yr. Growth %	279.4	-55.23	-42.29	-13.8	-198.21
Common Equity, 1 Yr. Growth %	279.4	-55.23	-42.29	-13.8	-198.21
Cash From Operations, 1 Yr. Growth %	210.15	230.65	25.13	-34.38	52.41
Capital Expenditures, 1 Yr. Growth %	9.67K	145.91	-33.65	-92.03	2.88K
Levered Free Cash Flow, 1 Yr. Growth %	49.52	559.26	30.89	-38.96	68.76
Unlevered Free Cash Flow, 1 Yr. Growth %	49.52	559.26	30.89	-38.96	55.72
Compound Annual Growth Rate Over Two Years
EBITDA, 2 Yr. CAGR %	154.06	229.93	75.82	-17.27	9.97
EBITA, 2 Yr. CAGR %	153.98	230.54	76.59	-16.46	10
EBIT, 2 Yr. CAGR %	153.98	230.54	76.59	-16.46	10
Earnings From Cont. Operations, 2 Yr. CAGR %	254.95	353.14	50.3	-15	14.58
Net Income, 2 Yr. CAGR %	258.21	357.38	50.44	-15.03	14.59
Normalized Net Income, 2 Yr. CAGR %	260.22	344.43	50.52	-15.05	14.59
Diluted EPS Before Extra, 2 Yr. CAGR %	148.42	198.14	24.18	-26.07	-2.63
Inventory, 2 Yr. CAGR %	-	-	10.86	5.1	18.4
Net Property, Plant and Equip., 2 Yr. CAGR %	1.93	5.74	4.53	-1.91	2.33
Total Assets, 2 Yr. CAGR %	106.74	37.3	-36.28	3.55	21.83
Tangible Book Value, 2 Yr. CAGR %	146.87	30.33	-49.17	-29.47	-7.99
Common Equity, 2 Yr. CAGR %	146.87	30.33	-49.17	-29.47	-7.99
Cash From Operations, 2 Yr. CAGR %	120.4	220.24	103.41	-9.39	0
Capital Expenditures, 2 Yr. CAGR %	824.66	1.45K	27.73	-77	54.27
Levered Free Cash Flow, 2 Yr. CAGR %	54.09	213.96	193.76	-10.61	1.7
Unlevered Free Cash Flow, 2 Yr. CAGR %	54.09	213.96	193.76	-10.61	-2.5
Compound Annual Growth Rate Over Three Years
EBITDA, 3 Yr. CAGR %	118.2	170.24	122.44	27.91	6.93
EBITA, 3 Yr. CAGR %	118.22	170.52	123.09	28.9	7.13
EBIT, 3 Yr. CAGR %	118.22	170.52	123.09	28.9	7.13
Earnings From Cont. Operations, 3 Yr. CAGR %	141.12	202.06	176.79	16.49	10.68
Net Income, 3 Yr. CAGR %	140.9	204.08	178.52	16.52	10.69
Normalized Net Income, 3 Yr. CAGR %	140.77	205.32	173.24	16.55	10.69
Diluted EPS Before Extra, 3 Yr. CAGR %	88.73	113.48	105.63	-4.84	-2.48
Inventory, 3 Yr. CAGR %	-	-	-	4.6	18.47
Net Property, Plant and Equip., 3 Yr. CAGR %	1.29	3.96	4.16	1.32	1.9
Total Assets, 3 Yr. CAGR %	67.08	37.43	8.01	-13.32	-0.26
Tangible Book Value, 3 Yr. CAGR %	85.66	39.74	-0.67	-39.39	-21.24
Common Equity, 3 Yr. CAGR %	85.66	39.74	-0.67	-39.39	-21.24
Cash From Operations, 3 Yr. CAGR %	100.08	152.31	134.12	39.5	7.76
Capital Expenditures, 3 Yr. CAGR %	-	494.63	442.24	-49.33	16.45
Levered Free Cash Flow, 3 Yr. CAGR %	-	150.16	134.54	74	10.62
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	150.16	134.54	74	7.56
Compound Annual Growth Rate Over Five Years
EBITDA, 5 Yr. CAGR %	-	-	100.15	68.32	67.82
EBITA, 5 Yr. CAGR %	-	-	100.51	69.08	68.13
EBIT, 5 Yr. CAGR %	-	-	100.51	69.08	68.13
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	99.59	81.9	94.5
Net Income, 5 Yr. CAGR %	-	-	99.55	82.6	95.24
Normalized Net Income, 5 Yr. CAGR %	-	-	99.52	83.03	93.01
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	59.63	39.68	52.48
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	2.57	1.57	3.42
Total Assets, 5 Yr. CAGR %	-	-	13.62	22.72	13.34
Tangible Book Value, 5 Yr. CAGR %	-	-	10.58	6.3	-3.66
Common Equity, 5 Yr. CAGR %	-	-	10.58	6.3	-3.66
Cash From Operations, 5 Yr. CAGR %	-	-	101.4	67.51	66.6
Capital Expenditures, 5 Yr. CAGR %	-	-	-	61.9	227.96
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	65.74	67.9
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	65.74	65.09