SOLAI Limited (SLAI) AI Stock Analysis

• Market Cap: $27.27M
• Dividend Yield: N/A
• Average Volume (3M): 113.66K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.39
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 56
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): 0.00
• Shares Outstanding: 18,678,535
• 10 Day Avg. Volume: 69,661
• 30 Day Avg. Volume: 113,661
• PEG Ratio: >-0.01
• Price to Book (P/B): <0.01
• Price to Sales (P/S): 0.01
• P/FCF Ratio: >-0.01
• Enterprise Value/Market Cap: 1.64
• Enterprise Value/Revenue: 0.25
• Enterprise Value/Gross Profit: -1.04
• Enterprise Value/Ebitda: -0.87
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): $25.70M

• Rating: 45 Neutral
• Price Target: ―

BIT Mining's overall stock score reflects substantial financial and operational challenges. The company is struggling with declining revenues and persistent losses, impacting its financial performance. Technical analysis indicates a lack of positive momentum, compounded by a negative valuation profile due to ongoing losses and no dividend yield. These factors outweigh any positive aspects, such as a stable capital structure.

SOLAI Limited Business Overview & Revenue Model

Company Description

Solai Ltd. is a technology-driven crypto currency infrastructure company. It is based on ecosystem spanning AI, stablecoins and payment infrastructure, and Solanatreasury and staking operations-supporting use cases across institutional settlement, commerce, consumer payments, and AI-native agent transactions. The company was founded by Man San Law in 2001 and is headquartered in Akron, OH.

How the Company Makes Money

BIT Mining makes money primarily through the mining of cryptocurrencies, with a significant focus on Bitcoin. The company generates revenue by verifying cryptocurrency transactions and adding them to the blockchain, for which it earns transaction fees and new bitcoins as rewards. BIT Mining operates large-scale mining data centers, which are crucial to its operations, as they house the necessary hardware to perform mining activities. The company's revenue is influenced by factors such as the market price of cryptocurrencies, mining difficulty, and operational efficiency. Additionally, BIT Mining may engage in strategic partnerships or investments in other blockchain-related projects to diversify its revenue streams.

SOLAI Limited Financial Statement Overview

Summary

BIT Mining is facing significant financial challenges with declining revenues and persistent losses impacting profitability. The balance sheet holds some strength due to low leverage, but cash flow constraints raise concerns about sustainability. The firm must address operational inefficiencies to stabilize its financial health.

Income Statement

BIT Mining shows a concerning trajectory with declining total revenue from $1.33 billion in 2021 to $32.9 million in 2024. The net profit margin is negative, reflecting consistent losses. EBIT and EBITDA margins are also negative, indicating operational inefficiencies. While the revenue growth rate is positive from 2023 to 2024, the overall financial health is strained by substantial losses.

Balance Sheet

The company's balance sheet highlights a stable equity position with a debt-to-equity ratio of 0.04 in 2024, reflecting low leverage. The equity ratio is also strong at 68.9%, suggesting a solid capital structure. However, the decline in cash reserves over recent years and persistent losses could pressure liquidity.

Cash Flow

BIT Mining's cash flow situation is fragile, with zero operating and free cash flows reported in 2024. The operating cash flow to net income ratio is unfavorable, indicating poor cash generation relative to losses. Historical negative free cash flows underscore potential liquidity risks.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	176.51M	32.92M	43.10M	57.02M	53.77M	2.17M
Gross Profit	-42.86M	2.98M	3.05M	-4.17M	14.26M	151.00K
EBITDA	-51.47M	6.21M	-12.82M	-44.44M	-17.56M	-15.60M
Net Income	-126.50M	12.07M	-28.71M	-155.41M	-55.78M	-32.41M
Balance Sheet
Total Assets	69.09M	86.33M	72.60M	86.80M	294.23M	72.01M
Cash, Cash Equivalents and Short-Term Investments	1.23M	1.81M	3.24M	7.73M	17.67M	47.25M
Total Debt	1.81M	2.55M	4.22M	4.20M	6.78M	1.46M
Total Liabilities	15.28M	19.55M	47.46M	33.68M	88.97M	12.24M
Stockholders Equity	43.84M	56.89M	25.13M	53.13M	179.89M	61.80M
Cash Flow
Free Cash Flow	-21.77M	-33.92M	-29.84M	-77.34M	-90.87M	-10.64M
Operating Cash Flow	-20.60M	-32.74M	-28.41M	-63.56M	-34.27M	-9.81M
Investing Cash Flow	17.44M	28.85M	26.16M	24.39M	-75.41M	3.33M
Financing Cash Flow	0.00	2.37M	0.00	29.77M	77.67M	4.00K

SOLAI Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: ―
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SLAI, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 1.46, equal to the 50-day MA of 2.07, and equal to the 200-day MA of 2.27, indicating a neutral trend. The MACD of -0.16 indicates Negative momentum. The RSI at 40.70 is Neutral, neither overbought nor oversold. The STOCH value of 50.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SLAI.

SOLAI Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%