15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 29.4% per year over the past 5 years.
Net income has grown slower than revenue (12.6% vs 29.4% per year).
Operating margin has contracted, at 2.5% in the latest year.
Financial health
Total debt has grown slower than revenue (-17.0% vs 29.4% per year).
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$62M
$2M
25.9%
2.5%
12.7%
3.8%
—
—
$1M
2024
$52M
$4M
30.9%
9.8%
40.9%
8.5%
-$3M
—
$1M
2023
$37M
-$4M
21.0%
-9.5%
-230.8%
-13.4%
-$3M
—
$2M
2022
$37M
-$3M
22.4%
-6.1%
-46.4%
-7.8%
-$4M
$1M
$2M
2021
$29M
$2M
29.5%
8.7%
31.1%
8.2%
$447000
$1M
$657000
2020
$17M
$989000
35.0%
8.7%
36.2%
7.3%
-$3M
$1M
$957000
2019
$13M
-$3M
20.9%
-22.4%
-198.9%
-32.1%
-$4M
—
$1M
2018
$14M
-$2M
23.2%
-14.3%
-150.4%
-31.7%
-$2M
—
$1M
2017
—
-$789000
—
—
-24.4%
-12.6%
-$1M
—
$2M
2016
—
-$1M
—
—
-46.0%
-26.5%
-$369000
—
$2M
2015
—
-$1M
—
—
-41.7%
-26.1%
—
—
$1M
2014
—
-$2M
—
—
-44.9%
-30.1%
—
—
$2M
2013
—
-$2M
—
—
-46.2%
-35.3%
—
—
$3M
2012
—
-$2M
—
—
-31.5%
-24.8%
-$751504
—
$4M
2011
—
-$3M
—
—
-45.0%
-37.0%
-$3M
—
$3M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$15M
-$158000
31.0%
0.8%
-1.2%
-0.3%
—
—
$1M
Mar '26
$13M
-$766000
25.8%
-3.9%
-5.8%
-1.7%
—
—
$573000
Dec '25
$12M
$163000
27.5%
1.5%
1.2%
0.4%
—
—
$1M
Sep '25
$15M
-$1M
23.1%
-5.4%
-6.5%
-2.1%
—
—
$429000
Jun '25
$20M
$3M
31.6%
12.2%
22.4%
5.4%
—
—
$4M
Mar '25
$15M
$80000
23.1%
1.8%
0.7%
0.1%
—
—
$2M
Dec '24
$13M
-$558000
22.0%
-1.8%
-5.4%
-1.1%
-$404000
—
$1M
Sep '24
$17M
$3M
36.2%
19.0%
20.1%
6.3%
$3M
—
$3M
Jun '24
$13M
$856000
28.7%
8.0%
7.2%
2.1%
-$1M
—
$2M
Mar '24
$10M
$893000
36.3%
11.3%
18.0%
2.3%
-$4M
—
$2M
Dec '23
$8M
-$2M
5.9%
-23.7%
-111.9%
-6.5%
-$3M
—
$2M
Sep '23
$8M
-$1M
19.2%
-15.4%
-36.5%
-4.4%
$3M
$1M
$1M
Jun '23
$12M
$333000
31.0%
4.9%
6.5%
1.0%
-$2M
—
$2M
Mar '23
$9M
-$1M
22.7%
-10.6%
-25.2%
-3.7%
-$803000
—
$1M
Dec '22
$8M
-$2M
11.7%
-22.4%
-35.1%
-5.9%
-$278000
$1M
$2M
Sep '22
$10M
-$750000
25.8%
-6.6%
-10.1%
-2.2%
$314000
—
$510000
Jun '22
$11M
$50000
24.4%
1.1%
0.6%
0.1%
-$2M
—
$664000
Mar '22
$8M
$62000
26.6%
1.3%
0.8%
0.2%
-$2M
—
$897000
Dec '21
$7M
-$394000
15.9%
-4.1%
-5.3%
-1.4%
$2M
$1M
$657000
Sep '21
$8M
$1M
37.6%
17.7%
17.6%
7.2%
-$1M
—
$1M
Valuation over time
How the market has priced SLSN against its own fundamentals since 2025-04 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 51.5× (Apr '25) to 33.6× (Sep '26).
The price-to-sales ratio has fallen from 4.2× (Apr '25) to 1.0× (Sep '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is SLSN growing its revenue and profit?
Over the past 5 years, SOLESENCE, INC.'s revenue has grown 29.4% per year, and net income grown 12.6% per year. These are computed facts, not advice.
How much debt does SLSN have?
As of FY2025, SOLESENCE, INC. reported — of total debt against $1M of cash.
What is SLSN's profit margin?
In FY2025, gross margin was 25.9%, operating margin 2.5%, and net margin 2.9%.
What is SLSN's P/E ratio?
As of Sep '26, SOLESENCE, INC. traded at a price-to-earnings ratio of about 33.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.