earnings
confidence high
sentiment positive
materiality 0.75
Solésence Q2 revenue jumps 56% to $20.4M; net income $2.7M
SOLESENCE, INC.
2025-Q2 EPS reported
$0.04
revenue$34,984,000
- Revenue of $20.4M vs $13.0M in Q2 2024, a 56% increase.
- Net income $2.7M vs $0.9M; includes $1.2M Employee Retention Credit net receipt.
- Gross profit $5.9M, gross margin 29%, flat YoY.
- Shipment volume +102% YoY; production volume +127% YoY.
- Expanded debt facilities to $23.0M max, maturity extended to April 2027.