Cash flow Solaris Resources Inc.

Stocks

SLS

CA83419D2014

Diversified Mining

Market Closed - Toronto S.E. Other stock markets 21:00:00 20/07/2026 BST			5-day change	1st Jan Change
10.05 ^CAD	+1.11%		-5.55%	-8.64%

05-20	Solaris Resources Inc. announced that it expects to receive $200 million in funding	CI
05-13	Solaris Resources Inc. Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

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Published financial data: SOLARIS RESOURCES INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Selling General & Admin Expenses, Total	9.5M	8.82M	10.22M	11.47M	12.94M
Exploration / Drilling Costs, Total	49.85M	51.49M	30.95M	61.51M	35.34M
Impairment of Oil, Gas & Mineral Properties - (IS)	-	-	251K	-	-
Other Operating Expenses, Total	59.35M	60.31M	41.42M	72.98M	48.29M
Operating Income	-59.35M	-60.31M	-41.42M	-72.98M	-48.29M
Interest Expense, Total	-	-	-	-5.07M	-5.58M
Interest And Investment Income	398K	366K	508K	965K	1.13M
Net Interest Expenses	398K	366K	508K	-4.1M	-4.46M
Currency Exchange Gains (Loss)	-	-	-	-	1.37M
Other Non Operating Income (Expenses)	2.1M	1.23M	-169K	-	-155K
EBT, Excl. Unusual Items	-56.86M	-58.72M	-41.08M	-77.08M	-51.53M
Gain (Loss) On Sale Of Assets	-	-	-	-	9.81M
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	-56.86M	-58.72M	-41.08M	-77.08M	-41.72M
Income Tax Expense	-	-	-	-	568K
Earnings From Continuing Operations	-56.86M	-58.72M	-41.08M	-77.08M	-42.29M
Net Income to Company	-56.86M	-58.72M	-41.08M	-77.08M	-42.29M
Minority Interest	61K	59K	75K	64K	62K
Net Income - (IS)	-56.8M	-58.66M	-41.01M	-77.02M	-42.23M
Net Income to Common Incl Extra Items	-56.8M	-58.66M	-41.01M	-77.02M	-42.23M
Net Income to Common Excl. Extra Items	-56.8M	-58.66M	-41.01M	-77.02M	-42.23M
Per Share Items
Net EPS - Basic	-0.53	-0.52	-0.29	-0.49	-0.26
Basic EPS - Continuing Operations	-0.53	-0.52	-0.29	-0.49	-0.26
Basic Weighted Average Shares Outstanding	108M	114M	142M	157M	165M
Net EPS - Diluted	-0.53	-0.52	-0.29	-0.49	-0.26
Diluted EPS - Continuing Operations	-0.53	-0.52	-0.29	-0.49	-0.26
Diluted Weighted Average Shares Outstanding	108M	114M	142M	157M	165M
Normalized Basic EPS	-0.33	-0.32	-0.18	-0.31	-0.19
Normalized Diluted EPS	-0.33	-0.32	-0.18	-0.31	-0.19
Supplemental Items
EBITDA	-59.05M	-59.7M	-40.42M	-72.2M	-47.43M
EBITA	-59.35M	-60.31M	-41.42M	-72.98M	-48.29M
EBIT	-59.35M	-60.31M	-41.42M	-72.98M	-48.29M
EBITDAR	-58.76M	-59.37M	-40.08M	-71.84M	-47.24M
Effective Tax Rate - (Ratio)	-	-	-	-	-1.36
Total Current Taxes	-	-	-	-	568K
Normalized Net Income	-35.47M	-36.64M	-25.6M	-48.11M	-32.15M
Interest on Long-Term Debt	21K	28K	18K	36K	55K
Supplemental Operating Expense Items
General and Administrative Expenses	9.5M	8.82M	10.22M	11.47M	12.94M
Exploration/Drilling Costs	49.85M	51.49M	30.95M	61.51M	35.34M
Net Rental Expense, Total	287K	337K	338K	369K	182K
Imputed Operating Lease Interest Expense	-	-	-	378K	324K
Imputed Operating Lease Depreciation	-	-	-	-9.46K	-142K
Stock-Based Compensation - Exploration Costs / Drilling Costs, Total	-	-	-	-	-
Stock-Based Comp., G&A Exp. (Total)	4.9M	3.51M	5.13M	4M	3.9M
Total Stock-Based Compensation	4.9M	3.51M	5.13M	4M	3.9M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	33.9M	14.77M	38.86M	31.74M	25.21M
Total Cash And Short Term Investments	33.9M	14.77M	38.86M	31.74M	25.21M
Other Receivables	147K	251K	198K	165K	76K
Total Receivables	147K	251K	198K	165K	76K
Inventory	86K	102K	95K	143K	156K
Prepaid Expenses	724K	137K	230K	534K	519K
Total Current Assets	34.85M	15.26M	39.39M	32.58M	25.96M
Gross Property Plant And Equipment	23.3M	24.13M	23.95M	27.06M	35.64M
Accumulated Depreciation	-581K	-1.17M	-2.09M	-3.01M	-4.39M
Net Property Plant And Equipment	22.72M	22.96M	21.86M	24.04M	31.25M
Other Long-Term Assets, Total	74K	313K	571K	571K	821K
Total Assets	57.65M	38.54M	61.82M	57.2M	58.03M
Liabilities
Accounts Payable, Total	10.75M	8.34M	5.27M	12.84M	2.34M
Accrued Expenses, Total	-	-	-	-	5.43M
Current Portion of Leases	136K	145K	88K	216K	57K
Current Income Taxes Payable	-	-	-	-	568K
Other Current Liabilities	1.78M	365K	-	-	-
Total Current Liabilities	12.67M	8.85M	5.36M	13.06M	8.4M
Long-Term Debt	-	-	29.36M	49.21M	-
Long-Term Leases	188K	90K	3K	217K	420K
Unearned Revenue Non Current	-	-	-	-	93.67M
Other Non Current Liabilities	1.67M	1.37M	1.67M	4M	4.52M
Total Liabilities	14.53M	10.3M	36.39M	66.48M	107M
Common Stock, Total	120M	170M	206M	245M	252M
Retained Earnings	-106M	-165M	-206M	-283M	-325M
Comprehensive Income and Other	21.55M	14.92M	16.72M	20.66M	15.57M
Total Common Equity	35.21M	20.32M	17.52M	-17.2M	-56.83M
Minority Interest	7.91M	7.91M	7.91M	7.91M	7.85M
Total Equity	43.12M	28.23M	25.43M	-9.29M	-48.98M
Total Liabilities And Equity	57.65M	38.54M	61.82M	57.2M	58.03M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	109M	147M	151M	163M	167M
ECS Total Common Shares Outstanding	109M	123M	151M	163M	167M
Book Value / Share	0.32	0.17	0.12	-0.11	-0.34
Tangible Book Value	35.21M	20.32M	17.52M	-17.2M	-56.83M
Tangible Book Value Per Share	0.32	0.17	0.12	-0.11	-0.34
Total Debt	324K	235K	29.45M	49.64M	477K
Net Debt	-33.57M	-14.54M	-9.41M	17.9M	-24.73M
Debt Equivalent Oper. Leases	2.3M	2.7M	2.7M	2.95M	1.46M
Minority Interest, Total (Incl. Fin. Div)	7.91M	7.91M	7.91M	7.91M	7.85M
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Others	86K	102K	95K	143K	156K
Machinery, Total	456K	605K	648K	873K	1.04M
Full Time Employees	62	64	60	66	84

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-56.8M	-58.66M	-41.01M	-77.02M	-42.23M
Depreciation & Amortization - CF	408K	783K	928K	1.01M	1.1M
Impairment of Oil, Gas & Mineral Properties - (CF)	-	-	251K	-	-
Depreciation & Amortization, Total	408K	783K	1.18M	1.01M	1.1M
(Gain) Loss From Sale Of Asset	-600K	131K	-	-	-
Stock-Based Compensation (CF)	4.9M	3.51M	5.13M	4M	3.9M
Other Operating Activities, Total	-1.42M	-1.91M	-157K	6.26M	4.47M
Change In Accounts Receivable	-	-	-	-	-
Change In Accounts Payable	7.48M	-2.54M	-3.4M	7.56M	-8.99M
Change in Unearned Revenues	-	-	-	-	90M
Change in Other Net Operating Assets	-623K	298K	-67K	-209K	9K
Cash from Operations	-46.66M	-58.39M	-38.31M	-58.39M	48.26M
Capital Expenditure	-1.68M	-1.12M	-89K	-2.66M	-4.17M
Cash Acquisitions	-	-	-	-	-
Sale (Purchase) of Real Estate properties	600K	-	-	-	-
Other Investing Activities, Total	-4K	-239K	-258K	-	876K
Cash from Investing	-1.09M	-1.36M	-347K	-2.66M	-3.29M
Long-Term Debt Issued, Total	-	-	30M	15M	15M
Total Debt Issued	-	-	30M	15M	15M
Long-Term Debt Repaid, Total	-265K	-155K	-162K	-240K	-60.25M
Total Debt Repaid	-265K	-155K	-162K	-240K	-60.25M
Issuance of Common Stock	7M	40.93M	32.34M	39.65M	707K
Other Financing Activities, Total	483K	479K	94K	60K	-7.31M
Cash from Financing	7.21M	41.25M	62.27M	54.47M	-51.85M
Foreign Exchange Rate Adjustments	839K	-634K	488K	-548K	353K
Net Change in Cash	-39.7M	-19.13M	24.1M	-7.13M	-6.53M
Supplemental Items
Levered Free Cash Flow	-28.94M	-37.88M	-23.12M	-39.18M	-37.24M
Unlevered Free Cash Flow	-28.94M	-37.88M	-23.12M	-36.01M	-33.75M
Change In Net Working Capital	-4.53M	3.36M	3.46M	-7.25M	4.4M
Net Debt Issued / Repaid	-265K	-155K	29.84M	14.76M	-45.25M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-48.62	-78.38	-51.59	-76.65	-52.38
Return on Total Capital	-57.01	-104.84	-62.12	-95.79	740.43
Return On Equity %	-87.69	-164.59	-153.13	-955.21	145.15
Return on Common Equity	-99.77	-211.28	-216.78	-49.06K	114.07
Short Term Liquidity
Current Ratio	2.75	1.73	7.35	2.5	3.09
Quick Ratio	2.69	1.7	7.29	2.44	3.01
Operating Cash Flow to Current Liabilities	-3.68	-6.6	-7.15	-4.47	5.75
Long Term Solvency
Total Debt/Equity	0.75	0.83	115.84	-534.5	-0.97
Total Debt / Total Capital	0.75	0.83	53.67	123.01	-0.98
LT Debt/Equity	0.44	0.32	115.5	-532.17	-0.86
Long-Term Debt / Total Capital	0.43	0.32	53.51	122.48	-0.87
Total Liabilities / Total Assets	25.21	26.74	58.87	116.24	184.41
EBIT / Interest Expense	-	-	-	-14.39	-8.65
EBITDA / Interest Expense	-	-	-	-14.19	-8.45
(EBITDA - Capex) / Interest Expense	-	-	-	-14.72	-9.2
Total Debt / EBITDA	-0.01	-0	-0.73	-0.69	-0.01
Net Debt / EBITDA	0.57	0.24	0.23	-0.25	0.52
Total Debt / (EBITDA - Capex)	-0.01	-0	-0.73	-0.67	-0.01
Net Debt / (EBITDA - Capex)	0.55	0.24	0.23	-0.24	0.48
Growth Over Prior Year
EBITDA, 1 Yr. Growth %	205.76	1.11	-32.3	78.64	-34.32
EBITA, 1 Yr. Growth %	206.89	1.61	-31.32	76.18	-33.83
EBIT, 1 Yr. Growth %	206.89	1.61	-31.32	76.18	-33.83
Earnings From Cont. Operations, 1 Yr. Growth %	118.76	3.27	-30.03	87.62	-45.14
Net Income, 1 Yr. Growth %	119.13	3.28	-30.09	87.81	-45.17
Normalized Net Income, 1 Yr. Growth %	119.35	3.28	-30.12	87.92	-33.18
Diluted EPS Before Extra, 1 Yr. Growth %	57.65	-2.19	-44.12	69.66	-47.76
Inventory, 1 Yr. Growth %	3.61	18.6	-6.86	50.53	9.09
Net Property, Plant and Equip., 1 Yr. Growth %	8.12	1.06	-4.79	9.99	29.95
Total Assets, 1 Yr. Growth %	-39.27	-33.16	60.43	-7.48	1.45
Tangible Book Value, 1 Yr. Growth %	-55.23	-42.29	-13.8	-198.21	230.41
Common Equity, 1 Yr. Growth %	-55.23	-42.29	-13.8	-198.21	230.41
Cash From Operations, 1 Yr. Growth %	230.65	25.13	-34.38	52.41	-182.65
Capital Expenditures, 1 Yr. Growth %	145.91	-33.65	-92.03	2.88K	56.97
Levered Free Cash Flow, 1 Yr. Growth %	559.26	30.89	-38.96	68.76	-4.68
Unlevered Free Cash Flow, 1 Yr. Growth %	559.26	30.89	-38.96	55.72	-6.27
Compound Annual Growth Rate Over Two Years
EBITDA, 2 Yr. CAGR %	229.93	75.82	-17.27	9.97	8.32
EBITA, 2 Yr. CAGR %	230.54	76.59	-16.46	10	7.97
EBIT, 2 Yr. CAGR %	230.54	76.59	-16.46	10	7.97
Earnings From Cont. Operations, 2 Yr. CAGR %	353.14	50.3	-15	14.58	1.46
Net Income, 2 Yr. CAGR %	357.38	50.44	-15.03	14.59	1.48
Normalized Net Income, 2 Yr. CAGR %	344.43	50.52	-15.05	14.59	12.05
Diluted EPS Before Extra, 2 Yr. CAGR %	198.14	24.18	-26.07	-2.63	-5.86
Inventory, 2 Yr. CAGR %	-	10.86	5.1	18.4	28.14
Net Property, Plant and Equip., 2 Yr. CAGR %	5.74	4.53	-1.91	2.33	19.55
Total Assets, 2 Yr. CAGR %	37.3	-36.28	3.55	21.83	-3.12
Tangible Book Value, 2 Yr. CAGR %	30.33	-49.17	-29.47	-7.99	80.13
Common Equity, 2 Yr. CAGR %	30.33	-49.17	-29.47	-7.99	80.13
Cash From Operations, 2 Yr. CAGR %	220.24	103.41	-9.39	0	12.24
Capital Expenditures, 2 Yr. CAGR %	1.45K	27.73	-77	54.27	584.42
Levered Free Cash Flow, 2 Yr. CAGR %	213.96	193.76	-10.61	1.7	26.65
Unlevered Free Cash Flow, 2 Yr. CAGR %	213.96	193.76	-10.61	-2.5	20.81
Compound Annual Growth Rate Over Three Years
EBITDA, 3 Yr. CAGR %	170.24	122.44	27.91	6.93	-7.39
EBITA, 3 Yr. CAGR %	170.52	123.09	28.9	7.13	-7.14
EBIT, 3 Yr. CAGR %	170.52	123.09	28.9	7.13	-7.14
Earnings From Cont. Operations, 3 Yr. CAGR %	202.06	176.79	16.49	10.68	-10.36
Net Income, 3 Yr. CAGR %	204.08	178.52	16.52	10.69	-10.38
Normalized Net Income, 3 Yr. CAGR %	205.32	173.24	16.55	10.69	-4.27
Diluted EPS Before Extra, 3 Yr. CAGR %	113.48	105.63	-4.84	-2.48	-20.88
Inventory, 3 Yr. CAGR %	-	-	4.6	18.47	15.21
Net Property, Plant and Equip., 3 Yr. CAGR %	3.96	4.16	1.32	1.9	10.81
Total Assets, 3 Yr. CAGR %	37.43	8.01	-13.32	-0.26	14.62
Tangible Book Value, 3 Yr. CAGR %	39.74	-0.67	-39.39	-21.24	40.9
Common Equity, 3 Yr. CAGR %	39.74	-0.67	-39.39	-21.24	40.9
Cash From Operations, 3 Yr. CAGR %	152.31	134.12	39.5	7.76	-6.15
Capital Expenditures, 3 Yr. CAGR %	494.63	442.24	-49.33	16.45	55.16
Levered Free Cash Flow, 3 Yr. CAGR %	150.16	134.54	74	10.62	-0.57
Unlevered Free Cash Flow, 3 Yr. CAGR %	150.16	134.54	74	7.56	-3.77
Compound Annual Growth Rate Over Five Years
EBITDA, 5 Yr. CAGR %	-	100.15	68.32	67.82	19.68
EBITA, 5 Yr. CAGR %	-	100.51	69.08	68.13	20.08
EBIT, 5 Yr. CAGR %	-	100.51	69.08	68.13	20.08
Earnings From Cont. Operations, 5 Yr. CAGR %	-	99.59	81.9	94.5	10.23
Net Income, 5 Yr. CAGR %	-	99.55	82.6	95.24	10.25
Normalized Net Income, 5 Yr. CAGR %	-	99.52	83.03	93.01	14.73
Diluted EPS Before Extra, 5 Yr. CAGR %	-	59.63	39.68	52.48	-5.25
Inventory, 5 Yr. CAGR %	-	-	-	-	13.45
Net Property, Plant and Equip., 5 Yr. CAGR %	-	2.57	1.57	3.42	8.26
Total Assets, 5 Yr. CAGR %	-	13.62	22.72	13.34	-9.37
Tangible Book Value, 5 Yr. CAGR %	-	10.58	6.3	-3.66	-6.29
Common Equity, 5 Yr. CAGR %	-	10.58	6.3	-3.66	-6.29
Cash From Operations, 5 Yr. CAGR %	-	101.4	67.51	66.6	27.88
Capital Expenditures, 5 Yr. CAGR %	-	-	61.9	227.96	43.55
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	65.74	67.9	53.36
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	65.74	65.09	50.37