Income Statement Solaris Resources Inc.

Equities

SLS

CA83419D2014

Diversified Mining

Market Closed - Toronto S.E. Other stock markets 16:00:00 2024-09-18 EDT			5-day change	1st Jan Change
3.210 ^CAD	+1.26%		+9.18%	-22.28%

09-10	Solaris Reports Exploration Results from the Celestina Target In Ecuador	MT
09-10	Solaris Reports Exploration Results from Celestina Target In Ecuador	MT

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Published financial data: SOLARIS RESOURCES INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Selling General & Admin Expenses, Total	1.5M	3.82M	9.5M	8.82M	10.22M
Exploration / Drilling Costs, Total	3.93M	15.52M	49.85M	51.49M	30.95M
Impairment of Oil, Gas & Mineral Properties - (IS)	-	-	-	-	251K
Other Operating Expenses, Total	5.43M	19.34M	59.35M	60.31M	41.42M
Operating Income	-5.43M	-19.34M	-59.35M	-60.31M	-41.42M
Interest And Investment Income	38K	88K	398K	366K	508K
Net Interest Expenses	38K	88K	398K	366K	508K
Other Non Operating Income (Expenses)	4.2M	-6.74M	2.1M	1.23M	-169K
EBT, Excl. Unusual Items	-1.19M	-25.99M	-56.86M	-58.72M	-41.08M
Other Unusual Items	191K	-	-	-	-
EBT, Incl. Unusual Items	-1M	-25.99M	-56.86M	-58.72M	-41.08M
Earnings From Continuing Operations	-1M	-25.99M	-56.86M	-58.72M	-41.08M
Net Income to Company	-1M	-25.99M	-56.86M	-58.72M	-41.08M
Minority Interest	54K	72K	61K	59K	75K
Net Income - (IS)	-949K	-25.92M	-56.8M	-58.66M	-41.01M
Net Income to Common Incl Extra Items	-949K	-25.92M	-56.8M	-58.66M	-41.01M
Net Income to Common Excl. Extra Items	-949K	-25.92M	-56.8M	-58.66M	-41.01M
Per Share Items
Net EPS - Basic	-0.02	-0.33	-0.53	-0.52	-0.29
Basic EPS - Continuing Operations	-0.02	-0.33	-0.53	-0.52	-0.29
Basic Weighted Average Shares Outstanding	45.72M	77.4M	108M	114M	142M
Net EPS - Diluted	-0.02	-0.33	-0.53	-0.52	-0.29
Diluted EPS - Continuing Operations	-0.02	-0.33	-0.53	-0.52	-0.29
Diluted Weighted Average Shares Outstanding	45.72M	77.4M	108M	114M	142M
Normalized Basic EPS	-0.02	-0.21	-0.33	-0.32	-0.18
Normalized Diluted EPS	-0.02	-0.21	-0.33	-0.32	-0.18
Supplemental Items
EBITDA	-5.42M	-19.31M	-59.05M	-59.7M	-40.42M
EBITA	-5.43M	-19.34M	-59.35M	-60.31M	-41.42M
EBIT	-5.43M	-19.34M	-59.35M	-60.31M	-41.42M
EBITDAR	-	-19.1M	-58.76M	-59.37M	-40.08M
Normalized Net Income	-692K	-16.17M	-35.47M	-36.64M	-25.6M
Interest on Long-Term Debt	1K	5K	21K	28K	18K
Supplemental Operating Expense Items
General and Administrative Expenses	1.5M	3.82M	9.5M	8.82M	10.22M
Exploration/Drilling Costs	3.86M	15.52M	49.85M	51.49M	30.95M
Net Rental Expense, Total	-	212K	287K	337K	338K
Stock-Based Compensation - Exploration Costs / Drilling Costs, Total	71K	-	-	-	-
Stock-Based Comp., G&A Exp. (Total)	141K	1.59M	4.9M	3.51M	5.13M
Total Stock-Based Compensation	212K	1.59M	4.9M	3.51M	5.13M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	6.09M	73.59M	33.9M	14.77M	38.86M
Total Cash And Short Term Investments	6.09M	73.59M	33.9M	14.77M	38.86M
Other Receivables	-	-	147K	251K	198K
Total Receivables	-	-	147K	251K	198K
Inventory	-	-	86K	102K	95K
Prepaid Expenses	98K	244K	724K	137K	230K
Total Current Assets	6.19M	73.84M	34.85M	15.26M	39.39M
Gross Property Plant And Equipment	20.43M	21.19M	23.3M	24.13M	23.95M
Accumulated Depreciation	-105K	-173K	-581K	-1.17M	-2.09M
Net Property Plant And Equipment	20.32M	21.02M	22.72M	22.96M	21.86M
Other Long-Term Assets, Total	5.84M	70K	74K	313K	571K
Total Assets	32.35M	94.92M	57.65M	38.54M	61.82M
Liabilities
Accounts Payable, Total	379K	3.23M	10.75M	8.34M	5.27M
Accrued Expenses, Total	45K	66K	-	-	-
Current Portion of Leases	32K	56K	136K	145K	88K
Other Current Liabilities	-	4M	1.78M	365K	-
Total Current Liabilities	456K	7.35M	12.67M	8.85M	5.36M
Long-Term Debt	-	-	-	-	29.36M
Long-Term Leases	65K	79K	188K	90K	3K
Other Non Current Liabilities	1.51M	936K	1.67M	1.37M	1.67M
Total Liabilities	2.03M	8.36M	14.53M	10.3M	36.39M
Common Stock, Total	43.1M	110M	120M	170M	206M
Retained Earnings	-21.42M	-49.1M	-106M	-165M	-206M
Comprehensive Income and Other	811K	17.51M	21.55M	14.92M	16.72M
Total Common Equity	22.5M	78.64M	35.21M	20.32M	17.52M
Minority Interest	7.82M	7.91M	7.91M	7.91M	7.91M
Total Equity	30.32M	86.56M	43.12M	28.23M	25.43M
Total Liabilities And Equity	32.35M	94.92M	57.65M	38.54M	61.82M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	60.64M	108M	109M	147M	151M
ECS Total Common Shares Outstanding	60.42M	105M	109M	123M	151M
Book Value / Share	0.37	0.75	0.32	0.17	0.12
Tangible Book Value	22.5M	78.64M	35.21M	20.32M	17.52M
Tangible Book Value Per Share	0.37	0.75	0.32	0.17	0.12
Total Debt	97K	135K	324K	235K	29.45M
Net Debt	-6M	-73.46M	-33.57M	-14.54M	-9.41M
Debt Equivalent Oper. Leases	-	1.7M	2.3M	2.7M	2.7M
Minority Interest, Total (Incl. Fin. Div)	7.82M	7.91M	7.91M	7.91M	7.91M
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Others	-	-	86K	102K	95K
Machinery, Total	144K	109K	456K	605K	648K
Full Time Employees	-	-	62	64	60

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	-949K	-25.92M	-56.8M	-58.66M	-41.01M
Depreciation & Amortization - CF	13K	68K	408K	783K	928K
Impairment of Oil, Gas & Mineral Properties - (CF)	-	-	-	-	251K
Depreciation & Amortization, Total	13K	68K	408K	783K	1.18M
(Gain) Loss From Sale Of Asset	-	-	-600K	131K	-
Stock-Based Compensation (CF)	212K	1.59M	4.9M	3.51M	5.13M
Other Operating Activities, Total	-4.41M	7.48M	-1.42M	-1.91M	-157K
Change In Accounts Receivable	-	-	-	-	-
Change In Accounts Payable	224K	2.8M	7.48M	-2.54M	-3.4M
Change in Other Net Operating Assets	364K	-128K	-623K	298K	-67K
Cash from Operations	-4.55M	-14.11M	-46.66M	-58.39M	-38.31M
Capital Expenditure	-7K	-684K	-1.68M	-1.12M	-89K
Cash Acquisitions	-	-	-	-	-
Sale (Purchase) of Real Estate properties	-	-	600K	-	-
Other Investing Activities, Total	-70K	-	-4K	-239K	-258K
Cash from Investing	-77K	-684K	-1.09M	-1.36M	-347K
Long-Term Debt Issued, Total	720K	-	-	-	30M
Total Debt Issued	720K	-	-	-	30M
Long-Term Debt Repaid, Total	-6K	-44K	-265K	-155K	-162K
Total Debt Repaid	-6K	-44K	-265K	-155K	-162K
Issuance of Common Stock	9.78M	81.75M	7M	40.93M	32.34M
Other Financing Activities, Total	-66K	-537K	483K	479K	94K
Cash from Financing	10.43M	81.17M	7.21M	41.25M	62.27M
Foreign Exchange Rate Adjustments	51K	1.13M	839K	-634K	488K
Net Change in Cash	5.85M	67.5M	-39.7M	-19.13M	24.1M
Supplemental Items
Levered Free Cash Flow	-2.94M	-4.39M	-28.94M	-37.88M	-23.12M
Unlevered Free Cash Flow	-2.94M	-4.39M	-28.94M	-37.88M	-23.12M
Change In Net Working Capital	-241K	-6.72M	-4.53M	3.36M	3.46M
Net Debt Issued / Repaid	714K	-44K	-265K	-155K	29.84M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	-12.45	-19.26	-48.62	-78.38	-51.59
Return on Total Capital	-13.26	-20.96	-57.01	-104.84	-62.12
Return On Equity %	-3.93	-45.16	-87.69	-164.59	-153.13
Return on Common Equity	-5.36	-52.16	-99.77	-211.28	-216.78
Short Term Liquidity
Current Ratio	13.58	10.05	2.75	1.73	7.35
Quick Ratio	13.36	10.02	2.69	1.7	7.29
Operating Cash Flow to Current Liabilities	-9.98	-1.92	-3.68	-6.6	-7.15
Long Term Solvency
Total Debt/Equity	0.32	0.16	0.75	0.83	115.84
Total Debt / Total Capital	0.32	0.16	0.75	0.83	53.67
LT Debt/Equity	0.21	0.09	0.44	0.32	115.5
Long-Term Debt / Total Capital	0.21	0.09	0.43	0.32	53.51
Total Liabilities / Total Assets	6.28	8.81	25.21	26.74	58.87
Total Debt / EBITDA	-0.02	-0.01	-0.01	-0	-0.73
Net Debt / EBITDA	1.11	3.81	0.57	0.24	0.23
Total Debt / (EBITDA - Capex)	-0.02	-0.01	-0.01	-0	-0.73
Net Debt / (EBITDA - Capex)	1.11	3.68	0.55	0.24	0.23
Growth Over Prior Year
EBITDA, 1 Yr. Growth %	81.32	256	205.76	1.11	-32.3
EBITA, 1 Yr. Growth %	81.19	256.02	206.89	1.61	-31.32
EBIT, 1 Yr. Growth %	81.19	256.02	206.89	1.61	-31.32
Earnings From Cont. Operations, 1 Yr. Growth %	-51.38	838.64	118.76	3.27	-30.03
Net Income, 1 Yr. Growth %	-53.02	854.66	119.13	3.28	-30.09
Normalized Net Income, 1 Yr. Growth %	-44.46	800.47	119.35	3.28	-30.12
Diluted EPS Before Extra, 1 Yr. Growth %	-61.74	463.84	57.65	-2.19	-44.12
Inventory, 1 Yr. Growth %	-	-	3.61	18.6	-6.86
Net Property, Plant and Equip., 1 Yr. Growth %	0.48	3.41	8.12	1.06	-4.79
Total Assets, 1 Yr. Growth %	45.65	210.39	-39.27	-33.16	60.43
Tangible Book Value, 1 Yr. Growth %	74.33	279.4	-55.23	-42.29	-13.8
Common Equity, 1 Yr. Growth %	74.33	279.4	-55.23	-42.29	-13.8
Cash From Operations, 1 Yr. Growth %	56.63	210.15	230.65	25.13	-34.38
Capital Expenditures, 1 Yr. Growth %	-12.5	9.67K	145.91	-33.65	-92.03
Levered Free Cash Flow, 1 Yr. Growth %	58.81	49.52	559.26	30.89	-38.96
Unlevered Free Cash Flow, 1 Yr. Growth %	58.81	49.52	559.26	30.89	-38.96
Compound Annual Growth Rate Over Two Years
EBITDA, 2 Yr. CAGR %	70.83	154.06	229.93	75.82	-17.27
EBITA, 2 Yr. CAGR %	70.85	153.98	230.54	76.59	-16.46
EBIT, 2 Yr. CAGR %	70.85	153.98	230.54	76.59	-16.46
Earnings From Cont. Operations, 2 Yr. CAGR %	-26.45	254.95	353.14	50.3	-15
Net Income, 2 Yr. CAGR %	-28.46	258.21	357.38	50.44	-15.03
Normalized Net Income, 2 Yr. CAGR %	-22.71	260.22	344.43	50.52	-15.05
Diluted EPS Before Extra, 2 Yr. CAGR %	-35.45	148.42	198.14	24.18	-26.07
Inventory, 2 Yr. CAGR %	-	-	-	10.86	5.1
Net Property, Plant and Equip., 2 Yr. CAGR %	0.24	1.93	5.74	4.53	-1.91
Total Assets, 2 Yr. CAGR %	26.07	106.74	37.3	-36.28	3.55
Tangible Book Value, 2 Yr. CAGR %	35.3	146.87	30.33	-49.17	-29.47
Common Equity, 2 Yr. CAGR %	35.3	146.87	30.33	-49.17	-29.47
Cash From Operations, 2 Yr. CAGR %	60.7	120.4	220.24	103.41	-9.39
Capital Expenditures, 2 Yr. CAGR %	-	824.66	1.45K	27.73	-77
Levered Free Cash Flow, 2 Yr. CAGR %	-	54.09	213.96	193.76	-10.61
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	54.09	213.96	193.76	-10.61
Compound Annual Growth Rate Over Three Years
EBITDA, 3 Yr. CAGR %	-	118.2	170.24	122.44	27.91
EBITA, 3 Yr. CAGR %	-	118.22	170.52	123.09	28.9
EBIT, 3 Yr. CAGR %	-	118.22	170.52	123.09	28.9
Earnings From Cont. Operations, 3 Yr. CAGR %	-	141.12	202.06	176.79	16.49
Net Income, 3 Yr. CAGR %	-	140.9	204.08	178.52	16.52
Normalized Net Income, 3 Yr. CAGR %	-	140.77	205.32	173.24	16.55
Diluted EPS Before Extra, 3 Yr. CAGR %	-	88.73	113.48	105.63	-4.84
Inventory, 3 Yr. CAGR %	-	-	-	-	4.6
Net Property, Plant and Equip., 3 Yr. CAGR %	-	1.29	3.96	4.16	1.32
Total Assets, 3 Yr. CAGR %	-	67.08	37.43	8.01	-13.32
Tangible Book Value, 3 Yr. CAGR %	-	85.66	39.74	-0.67	-39.39
Common Equity, 3 Yr. CAGR %	-	85.66	39.74	-0.67	-39.39
Cash From Operations, 3 Yr. CAGR %	-	100.08	152.31	134.12	39.5
Capital Expenditures, 3 Yr. CAGR %	-	-	494.63	442.24	-49.33
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	150.16	134.54	74
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	150.16	134.54	74
Compound Annual Growth Rate Over Five Years
EBITDA, 5 Yr. CAGR %	-	-	-	100.15	68.32
EBITA, 5 Yr. CAGR %	-	-	-	100.51	69.08
EBIT, 5 Yr. CAGR %	-	-	-	100.51	69.08
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	99.59	81.9
Net Income, 5 Yr. CAGR %	-	-	-	99.55	82.6
Normalized Net Income, 5 Yr. CAGR %	-	-	-	99.52	83.03
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	59.63	39.68
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	2.57	1.57
Total Assets, 5 Yr. CAGR %	-	-	-	13.62	22.72
Tangible Book Value, 5 Yr. CAGR %	-	-	-	10.58	6.3
Common Equity, 5 Yr. CAGR %	-	-	-	10.58	6.3
Cash From Operations, 5 Yr. CAGR %	-	-	-	101.4	67.51
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	61.9
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	65.74
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	65.74