Sol Strategies Inc. (STKE) Income Statement
STKE FY2025 at a glance
Fiscal year ended September 30, 2025 · Canadian dollarsSTKE revenue and net income
Where STKE's revenue goes
FY2025Each bar shows an amount and its share of revenue. STKE kept −243.3% of revenue as net income.
STKE profit margins
STKE growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +53.1% | +310.2% | — | — |
| Gross profit | — | — | — | — |
| Operating income | −647.0% | — | — | — |
| Net income | −630.2% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
STKE income statement in Canadian dollars
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | C$14.4M | C$9.4M | C$0 | C$208,699 | C$117,664 |
| Cost of revenue | C$3.2M | — | — | — | — |
| Gross profit | −C$3.2M | — | — | — | — |
| Sales, general & admin | C$14.4M | C$2.5M | C$1.4M | C$2.6M | C$1.9M |
| Total operating expenses | C$41.6M | −C$8.2M | C$6.3M | −C$793,197 | C$2.4M |
| Operating income | −C$44.8M | C$8.2M | −C$6.3M | C$793,197 | −C$2.4M |
| Interest expense | C$3.2M | C$0 | — | — | — |
| Income before taxes | −C$44.8M | C$8.2M | −C$6.3M | C$793,197 | −C$2.4M |
| Income taxes | −C$9.8M | C$1.6M | −C$26,944 | C$434,741 | −C$1.2M |
| Net income | −C$35.0M | C$6.6M | −C$6.3M | C$358,456 | −C$1.2M |
| EBITDA | −C$31.4M | C$8.0M | −C$6.6M | −C$3.7M | −C$1.8M |
| Gross margin | −22.2% | — | — | — | — |
| Operating margin | −311.2% | 87.1% | — | 380.1% | −2,006.1% |
| Net margin | −243.3% | 70.3% | — | 171.8% | −998.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | C$1.8M | C$0 | C$0 | C$3.7M | C$300,492 | C$2.5M | C$5.7M | C$10.3M | C$0 |
| Cost of revenue | C$1.8M | C$2.4M | C$1.2M | C$1.5M | C$1.2M | C$784,782 | C$32,863 | — | — |
| Gross profit | C$1.8M | −C$16.9M | −C$1.2M | −C$1.5M | −C$860,951 | −C$784,782 | −C$32,863 | — | — |
| Sales, general & admin | C$746.63B | C$3.4M | C$4.0M | C$5.0M | C$3.4M | C$4.8M | C$1.2M | C$1.8M | C$475,965 |
| Total operating expenses | C$18.3M | C$60.5M | C$10.7M | C$33.5M | C$7.3M | C$5.2M | −C$4.4M | −C$7.0M | C$1.5M |
| Operating income | −C$16.5M | −C$77.4M | −C$11.8M | −C$35.1M | −C$8.2M | −C$6.0M | C$4.4M | C$7.0M | −C$1.5M |
| Interest income | — | — | — | — | C$300,492 | — | — | — | C$0 |
| Interest expense | C$850.38B | C$546,990 | C$1.2M | C$1.5M | C$1.2M | C$784,782 | C$32,863 | — | C$0 |
| Income before taxes | −C$17.6M | −C$90.1M | −C$11.8M | −C$35.1M | −C$8.2M | −C$6.0M | C$4.4M | C$5.5M | −C$1.5M |
| Income taxes | — | — | — | −C$9.8M | C$49,347 | −C$1.2M | C$1.2M | — | — |
| Net income | −C$17.6M | −C$90.1M | −C$11.8M | −C$25.3M | −C$8.2M | −C$4.8M | C$3.2M | C$5.5M | −C$1.5M |
| EBITDA | −C$15.0M | −C$87.2M | −C$8.3M | −C$29.9M | −C$3.0M | −C$2.7M | C$4.5M | C$9.6M | −C$1.5M |
| Gross margin | 100.0% | — | — | −41.9% | −286.5% | −31.0% | −0.6% | — | — |
| Operating margin | −923.8% | — | — | −954.2% | −2,712.5% | −236.6% | 77.3% | 68.3% | — |
| Net margin | −985.8% | — | — | −687.0% | −2,728.9% | −190.6% | 56.8% | 52.9% | — |
Quarterly columns are labeled by the month the quarter ended. Figures in Canadian dollars as reported in STKE's financial statements (latest annual report filed September 30, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
STKE financial results
In fiscal year 2025 (ended September 30, 2025), Sol Strategies Inc. reported revenue of C$14.4 million, up 53.1% from the year before. It had a net loss of C$35.0 million, a net profit margin of −243.3%. Figures are in Canadian dollars, the currency of its financial statements.
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STKE income statement FAQ
What is Sol Strategies Inc.'s annual revenue?
Sol Strategies Inc. reported total revenue of C$14.4 million for fiscal year 2025, which ended on September 30, 2025. That was up 53.1% from C$9.4 million the previous year.
Is Sol Strategies Inc. profitable?
No. Sol Strategies Inc. reported a net loss of C$35.0 million in fiscal 2025, a net profit margin of −243.3%; its operating margin was −311.2%.
What is Sol Strategies Inc.'s gross margin?
Sol Strategies Inc.'s gross margin was −22.2% in fiscal 2025: for every $100 of revenue, Sol Strategies Inc. kept $-22 after the direct cost of its products and services.
When does Sol Strategies Inc.'s fiscal year end?
Sol Strategies Inc.'s fiscal year ends in September. The latest annual report covers the year ended September 30, 2025 and was filed on September 30, 2025.