SOLAI Limited (SLAIY) Cash Flow Statement
Where SLAIY’s cash came from and went, 2024
December 31, 2024 · U.S. dollars- Cash from operations
- −$32.7M
- Capital expenditures
- $1.2M 3.6% of revenue
- Free cash flow
- −$33.9M −103.0% margin
- Returned to shareholders
- —
- Change in cash
- −$1.5M cash at year-end $1.8M
Drawn to scale: where the cash came from and how it was used. Hover for values.
SLAIY operating cash flow, capex and free cash flow
SLAIY cash flow trends, 2021–2024
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | −$34.3M2021 | −$32.7M2024 | — | |
| Capital expenditures | $56.6M2021 | $1.2M2024 | −72.5%/yr | |
| Free cash flow | −$90.9M2021 | −$33.9M2024 | — | |
| Free cash flow margin | −135.6%2022 | −103.0%2024 | +32.6 pts | |
| Stock-based compensation | $6.4M2021 | $1.2M2024 | −42.7%/yr | |
| Capex / revenue | 24.2%2022 | 3.6%2024 | −20.6 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SLAIY cash flow by activity
SLAIY net income vs operating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
SLAIY cash flow statement
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Operating activities | ||||
| Net income | $12.1M | −$14.4M | −$169.6M | −$58.3M |
| Depreciation & amortization | $13.2M | $12.6M | $34.8M | $21.6M |
| Stock-based compensation | $1.2M | $1.0M | $4.5M | $6.4M |
| Change in working capital | −$37.7M | −$18.3M | −$68.5M | −$32.3M |
| Other non-cash items | −$21.6M | −$9.3M | $135.3M | $28.3M |
| Cash from operating activities | −$32.7M | −$28.4M | −$63.6M | −$34.3M |
| Investing activities | ||||
| Capital expenditures | −$1.2M | −$1.4M | −$13.8M | −$56.6M |
| Investments (net) | $123,000 | $5.1M | −$759,000 | −$699,000 |
| Financing activities | ||||
| Net borrowing (repayment) | $0 | $0 | $6.3M | $19.0M |
| Shares issued | $2.3M | $0 | $23.5M | $56.1M |
| Other financing | $30,000 | $0 | $0 | $2.5M |
| Cash from financing activities | $2.4M | $0 | $29.8M | $77.7M |
| Summary | ||||
| Net change in cash | −$1.5M | −$2.3M | −$12.2M | −$30.1M |
| Cash at end of period | $1.8M | $3.3M | $5.6M | $17.8M |
| Free cash flow | −$33.9M | −$29.8M | −$77.3M | −$90.9M |
| Free cash flow margin | −103.0% | −69.2% | −135.6% | — |
| Capex / revenue | 3.6% | 3.3% | 24.2% | — |
| Operating cash flow / net income | −2.71 | — | — | — |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported; data from EODHD.
SLAIY cash generation
In fiscal 2024 (ended December 31, 2024), SOLAI generated -$32.7 million of cash from operations and spent $1.2 million on capital expenditures, leaving free cash flow of -$33.9 million, −103.0% of revenue. Cash and equivalents fell by $1.5 million over the year.
Related: SLAIY income statement, SLAIY balance sheet. See the SLAIY stock overview for the latest quote and news.
SLAIY cash flow FAQ
What is SOLAI's free cash flow?
SOLAI's free cash flow was -$33.9 million in fiscal 2024: -$32.7 million of operating cash flow minus $1.2 million of capital expenditures It was -$29.8 million a year earlier..
How much cash does SOLAI generate from operations?
SOLAI generated -$32.7 million of cash from operating activities in fiscal 2024, −2.71 times its net income of $12.1 million.
How much does SOLAI spend on capital expenditures?
SOLAI spent $1.2 million on capital expenditures in fiscal 2024, 3.6% of revenue, compared with $1.4 million the year before.