Solai (SLAIY) Beginning Cash Balance (2021 - 2022)
Solai's (SLAIY) quarterly Beginning Cash Balance came in at $3.4 million in Q4 2022, down 96.4% year-over-year from $94.8 million in Q4 2021, and down 96.4% quarter-over-quarter from $94.8 million in Q4 2021.
Analysis
Solai (SLAIY) Beginning Cash Balance (2021 - 2022) Analysis & Trends
Solai (SLAIY) has reported Beginning Cash Balance for 2 consecutive years, with $3.4 million the latest figure, recorded in Q4 2022.
- On a quarterly basis, Beginning Cash Balance fell 96.4% year-over-year to $3.4 million in Q4 2022; TTM through Dec 2022 was $3.4 million, a 96.4% decrease from a year earlier, with the FY2022 full-year figure at $3.4 million, down 96.4% from the prior year.
- Beginning Cash Balance was $3.4 million for Q4 2022 at Solai, down from $94.8 million in the prior quarter.
- Over five years, Beginning Cash Balance peaked at $94.8 million in Q4 2021 and troughed at $3.4 million in Q4 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 53.91 Bn | 53.57 Bn | 40.81 Mn |
| 2 | Iren | 14.36 Bn | 6.79 Bn | 103.89 Mn |
| 3 | Hut 8 | 11.34 Bn | 4.55 Bn | 48.04 Mn |
| 4 | Hyperscale Data | 8.84 Bn | 8.77 Bn | 8.80 Mn |
| 5 | Riot Platforms | 7.64 Bn | 7.10 Bn | 84.97 Mn |
| 6 | Argo Blockchain | 6.41 Bn | 6.41 Bn | - |
| 7 | MARA Holdings | 4.53 Bn | 4.10 Bn | - |
| 8 | Cleanspark | 3.57 Bn | 3.37 Bn | - |
| 9 | Bitdeer Technologies | 2.52 Bn | 2.06 Bn | -8.53 Mn |
| 10 | Solai | 10.27 Mn | 8.78 Mn | -2.65 Mn |