Saturday 17 October 2026 Export HSDT’s income statement to Excel — free account

Solana Company

Solana Company’s revenue for fiscal 2025 (year ended December 2025) was $6.0 million, up 1,057.1% from fiscal 2024. In the quarter to June 2026, revenue grew 5,774.4%, EPS grew 99.5% and free cash flow fell 331.3%, each against the same quarter a year earlier.

2.24 0.11 −4.68%

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Market cap: $142.7M
P/E: 0.0×
Fwd P/E: −1.8×
Dividend yield: —
F-score: 5/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 51.47%

Capital & Financial Ratios $m

Market Cap 142.73

Revenue 12.07

Net Income (157.27)

Free Cash Flow (26.94)

Net Debt (3.65)

Current Ratio 13.31

Debt/Equity 0.00

P/E ratio 0.00

Fwd P/E (1.76)

P/S ratio 14.80

P/B ratio 1.08

Past 5Y EPS Growth —

This Y EPS Growth 11.35%

Next Y EPS Growth 100.61%

Next Y revenue growth 103.59%

Next 5Y EPS Growth 41.00%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 70.88%

10-year low 10-year high

P/B against its own 10 years 40.76%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2018	Powerpack
2017	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	5	1	7	4
Receivables	1	1	—	2
Inventory	0	1	1	—
Other	—	—	21	21
	7	3	31	29

	2023	2024	2025	Q'26
Payables	1	1	2	1
ST’ Debt	—	—	—	—
Other	—	—	—	—
	2	2	3	2

Compound Annual Growth %

	10y	5y	3y
Sales	—	55.54%	97.00%
Cash Flow	0.00%	0.00%	0.00%
Earnings	0.00%	0.00%	0.00%
Book Value	0.00%	138.85%	232.97%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	4	3	—	—	—
’25	0	0	1	5	6
’24	0	0	0	0	1
’23	0	0	0	0	1
’22	0	0	0	0	1
’21	0	0	0	0	1
’20	0	0	0	0	1

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(5)	(12)	—	—	—
’25	(4)	(3)	(4)	(6)	(17)
’24	(3)	(3)	(3)	(2)	(11)
’23	(3)	(3)	(2)	(2)	(10)
’22	(5)	(4)	(4)	(2)	(14)
’21	(3)	(4)	(3)	(3)	(13)
’20	(4)	(3)	(3)	(2)	(12)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(5)	(12)	—	—	—
’25	(4)	(3)	(4)	(6)	(17)
’24	(3)	(3)	(3)	(2)	(11)
’23	(3)	(3)	(2)	(2)	(10)
’22	(5)	(4)	(4)	(2)	(14)
’21	(3)	(4)	(3)	(3)	(13)
’20	(4)	(3)	(3)	(2)	(12)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(1.30)	(0.38)	—	—	—
’25	(382.31)	(79.73)	(32.89)	4.25	(1.85)
’24	(2.31k)	(479.76)	(742.13)	(772.11)	(3.25k)
’23	(3.37k)	(2.25k)	(4.12k)	(1.10k)	(10.91k)
’22	(43.10k)	(36.36k)	(2.17k)	(6.37k)	(38.98k)
’21	(61.84k)	(96.70k)	(75.34k)	(49.10k)	(276.61k)
’20	(196.58k)	(104.84k)	(104.84k)	(66.34k)	(442.28k)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	4,462,500.00	8,465,625.00	9,384,375.00	367,500.00	326,812.50	189,375.00	7,500.00	4,267.50	279.75	2.62	Analyst estimates 2026–2028 Powerpack
	High	11,878,125.00	27,168,750.00	17,325,000.00	12,403,125.00	1,929,375.00	1,275,000.00	217,012.50	15,712.50	7,125.00	1,200.00
People
People	Employees	6	10	25	19	19	19	26	22	21	21
	Revenue/emp, $m	0.00	0.00	0.02	0.08	0.03	0.03	0.03	0.03	0.02	0.29
Income, $m
Income, $m	Revenue	—	—	0	1	1	1	1	1	1	6
	Gross margin, %	—	0.00	100.00	43.45	41.30	42.91	41.17	9.47	(11.92)	91.69
	EBT	(12)	(28)	(29)	(10)	(14)	(18)	(14)	(9)	(12)	(41)
	EBT margin, %	0.00	0.00	(5,988.08)	(653.81)	(2,137.67)	(3,473.56)	(1,788.06)	(1,374.22)	(2,258.08)	(679.57)
	Net income	(12)	(28)	(29)	(10)	(14)	(18)	(14)	(9)	(12)	(41)
	Depreciation	—	0	0	0	1	0	1	0	0	1
Per share, $
Per share, $	Revenue	0.00	0.00	0.02	0.00	0.00	5,220.00	1,967.50	805.00	144.44	0.27
	Earnings	(0.72)	(1.50)	(1.26)	(484,897.50)	(442,278.90)	(276,611.70)	(38,980.51)	(10,914.54)	(3,245.88)	(1.85)
	Cash flow	(0.47)	(1.04)	(0.86)	0.00	0.00	(133,880.00)	(35,775.00)	(13,020.00)	(3,066.94)	(0.75)
	Capex	0.00	(0.01)	(0.02)	0.00	0.00	(560.00)	(27.50)	(36.25)	(1.39)	0.00
	Free cash flow	(0.47)	(1.05)	(0.88)	0.00	0.00	(134,440.00)	(35,802.50)	(13,056.25)	(3,068.33)	(0.75)
	Book value	(0.21)	(0.40)	0.43	0.00	0.00	112,560.00	20,377.50	2,937.50	294.17	13.65
	Shares, m	17	19	23	0	0	0	0	0	0	22
Valuation, ×
Valuation, ×	P/E	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	P/S	—	—	0.00	0.00	0.00	37.28	6.10	7.54	3.48	10.59
	P/B	—	—	27,800,597.68	0.00	0.00	1.73	0.59	2.07	1.71	0.21
	EV/Sales	—	—	0.00	(3.41)	(4.49)	16.89	(11.93)	0.05	2.08	9.44
	EV/FCF	—	—	(13,655,703.32)	0.24	0.25	(0.66)	0.66	0.00	(0.10)	(3.44)
Cash, $m
Cash, $m	Operating cash flow	(8)	(19)	(20)	(21)	(12)	(13)	(14)	(10)	(11)	(17)
	Capex	—	0	0	0	0	0	0	0	0	—
	Free cash flow	(8)	(20)	(20)	(21)	(12)	(13)	(14)	(10)	(11)	(17)
Balance, $m
Balance, $m	Working capital	(3)	(8)	9	3	2	10	15	6	1	28
	Total debt	—	—	—	1	0	0	0	—	—	—
	Net debt	(3)	(6)	(26)	(5)	(3)	(11)	(15)	(5)	(1)	(7)
	Shareholders’ equity	(3)	(7)	10	6	4	11	8	2	1	301
Returns, %
Returns, %	ROA	(321.47)	(546.33)	(165.28)	(51.24)	(167.28)	(175.62)	(89.66)	(70.86)	(209.04)	(26.60)
	ROIC	0.00	0.00	0.00	(3,988.70)	(1,665.05)	(4,517.43)	0.00	0.00	0.00	(51.90)
	ROE	695.91	512.60	(2,421.57)	(124.69)	(291.16)	(239.73)	(145.02)	(168.56)	(688.88)	(27.08)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
TPVG TriplePoint Venture Growth BDC Corp.	$183.2M	4.5×	6.2×	−4.86% (below 0%: shrinking)	−21.21% (below 0%: shrinking)	+232.34% (above 0%: growing)	100.00%	75.98%	Compare
WHG Westwood Holdings Group Inc	$181.4M	20.0×	— (loss-making)	+9.62% (above 0%: growing)	+50.00% (above 0%: growing)	−58.51% (below 0%: shrinking)	100.00%	8.14%	Compare
NSLR Neostellar Capital Corp.	$181.1M	1.3×	2.9×	+79.14% (above 0%: growing)	n/m	−171.41% (below 0%: shrinking)	100.00%	(7,413.51%)	Compare
WHF WhiteHorse Finance, Inc.	$164.5M	9.6×	8.9×	−23.72% (below 0%: shrinking)	+380.00% (above 0%: growing)	−159.82% (below 0%: shrinking)	100.00%	66.34%	Compare
SPMC Sound Point Meridian Capital, Inc.	$147.8M	— (loss-making)	—	—	+76.60% (above 0%: growing)	—	—	—	Compare
HSDT Solana Company	$142.7M	— (loss-making)	— (loss-making)	+5,774.42% (above 0%: growing)	n/m	−331.34% (below 0%: shrinking)	96.95%	(1,293.47%)
DFDV DeFi Development Corp.	$135.7M	— (loss-making)	— (loss-making)	+66.87% (above 0%: growing)	n/m	+110.69% (above 0%: growing)	99.37%	(689.20%)	Compare
EARN Ellington Credit Company	$127.1M	11.5×	13.0×	+8.08% (above 0%: growing)	n/m	+293.76% (above 0%: growing)	93.62%	30.14%	Compare
SAMG Silvercrest Asset Management Group Inc.	$126.3M	96.3×	22.0×	+0.36% (above 0%: growing)	−90.48% (below 0%: shrinking)	+0.46% (above 0%: growing)	100.00%	3.11%	Compare
Median of peers	$156.2M	10.6×	8.9×	+8.08%	+50.00%	+0.46%	100.00%	8.14%

All 120 Asset Management stocks →

Solana Company (HSDT) key facts

Strength: Solana Company’s revenue for fiscal 2025 (year ended December 2025) was $6.0 million, up 1,057.1% from fiscal 2024.
Solana Company (HSDT) is an Asset Management company in the Financial sector, listed on Nasdaq.
As of October 16, 2026, HSDT traded at $2.24, a market capitalization of $142.7 million.
Return on equity was −27.1% and debt-to-equity 0.00.
Its Piotroski F-score is 5 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.