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Soluna Holdings (Soluna Holdings) Net Margin % : -66.24% (As of Dec. 2023)


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What is Soluna Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Soluna Holdings's Net Income for the three months ended in Dec. 2023 was $-6.70 Mil. Soluna Holdings's Revenue for the three months ended in Dec. 2023 was $10.12 Mil. Therefore, Soluna Holdings's net margin for the quarter that ended in Dec. 2023 was -66.24%.

The historical rank and industry rank for Soluna Holdings's Net Margin % or its related term are showing as below:

SLNH' s Net Margin % Range Over the Past 10 Years
Min: -345.8   Med: -0.09   Max: 327.06
Current: -138.62


SLNH's Net Margin % is ranked worse than
91.38% of 777 companies
in the Capital Markets industry
Industry Median: 13.5 vs SLNH: -138.62

Soluna Holdings Net Margin % Historical Data

The historical data trend for Soluna Holdings's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Soluna Holdings Net Margin % Chart

Soluna Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.92 327.06 -36.67 -345.80 -138.62

Soluna Holdings Quarterly Data
Sep17 Dec17 Mar18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -654.05 -229.14 -424.32 -114.92 -66.24

Competitive Comparison of Soluna Holdings's Net Margin %

For the Capital Markets subindustry, Soluna Holdings's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Soluna Holdings's Net Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Soluna Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Soluna Holdings's Net Margin % falls into.



Soluna Holdings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Soluna Holdings's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-29.201/21.066
=-138.62 %

Soluna Holdings's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-6.702/10.118
=-66.24 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Soluna Holdings  (NAS:SLNH) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Soluna Holdings Net Margin % Related Terms

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Soluna Holdings (Soluna Holdings) Business Description

Traded in Other Exchanges
N/A
Address
325 Washington Avenue Extension, Albany, NY, USA, 12205
Soluna Holdings Inc, is a U.S based company that conducts operations through its subsidiary. The group is engaged in the mining of cryptocurrency through data centers that can be powered by renewable energy sources. The data centers buy every excess megawatt to use for batch-oriented, computing-intensive processes such as cryptocurrency mining or machine learning which is a low-risk and low-friction solution to use as a smartphone.
Executives
Jessica L. Thomas officer: CFO 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
John Belizaire director, officer: CEO & Pres. of EcoChain Inc. 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Patman Philip F Jr officer: Chief Financial Officer 9800 RICHMOND AVE, SUITE 700, HOUSTON TX 77042
William Hazelip director C/O MECHANICAL TECHNOLOGY, INC., 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
John Bottomley director 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Mary Jennifer Oreilly officer: Chief People Officer 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
William P Phelan director C/O MECHANICAL TECHNOLOGY INC, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Michael Toporek director, other: See Explanation of Responses C/O MECHANICAL TECHNOLOGY, INCORPORATED, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Matthew E. Lipman director, other: See Explanation of Responses C/O MECHANICAL TECHNOLOGY, INCORPORATED, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
David C Michaels director C/O MECHANICAL TECHNOLOGY INCORPORATED, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Alykhan Madhavji director 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Moshe Binyamin officer: President-MTI Instruments, Inc 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Frederick W. Jones officer: CHIEF FINANCIAL OFFICER C/O MECHANICAL TECHNOLOGY INC, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Thomas J Marusak director C/O MECHANICAL TECHNOLOGY INC, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Edward R Hirshfield director, 10 percent owner 122 E.42ND STREET SUITE 4305, NEW YORK NY 10168