See more : Global Link Communications Holdings Limited (8060.HK) Income Statement Analysis – Financial Results
Complete financial analysis of Solution Financial Inc. (SLNFF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Solution Financial Inc., a leading company in the Rental & Leasing Services industry within the Industrials sector.
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Solution Financial Inc. (SLNFF)
About Solution Financial Inc.
Solution Financial Inc., together with its subsidiary, engages in the leasing, financing, and retail sale of luxury automotive vehicles, yachts, and other assets in Canada. It serves new immigrants, business owners, and international students. The company was founded in 2004 and is headquartered in Richmond, Canada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 15.38M | 20.35M | 20.45M | 14.30M | 9.64M | 4.81M | 5.58M | 4.82M | 3.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 11.46M | 15.38M | 15.88M | 10.87M | 6.67M | 2.07M | 2.19M | 1.54M | 975.51K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 3.92M | 4.96M | 4.57M | 3.43M | 2.97M | 2.75M | 3.39M | 3.28M | 2.63M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit Ratio | 25.50% | 24.40% | 22.35% | 23.96% | 30.81% | 57.07% | 60.80% | 68.04% | 72.93% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research & Development | 0.00 | 0.05 | 0.04 | 0.03 | 0.01 | -0.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 1.86M | 1.50M | 1.21M | 923.05K | 1.21M | 1.61M | 647.68K | 56.21K | 67.02K | 56.70K | 39.32K | 84.12K | 84.00K | 116.49K | 175.40K | 280.59K | 0.00 |
| Selling & Marketing | 931.09K | 1.42M | 1.70M | 1.00M | 998.93K | 1.31M | 1.57M | 1.25M | 1.22M | 0.00 | 0.00 | 0.00 | 0.00 | 531.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 2.80M | 2.92M | 2.91M | 1.93M | 2.20M | 2.92M | 2.22M | 56.21K | 67.02K | 56.70K | 39.32K | 84.12K | 84.00K | 117.02K | 175.40K | 280.59K | 57.82K |
| Other Expenses | 177.83K | -182.13K | -29.45K | 7.53K | 7.32K | -1.59M | 3.36K | 2.60K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -40.74K | 0.00 | 0.00 |
| Operating Expenses | 2.97M | 3.05M | 2.95M | 1.97M | 2.24M | 2.94M | 2.24M | 56.21K | 67.02K | 56.70K | 39.32K | 84.12K | 84.00K | 117.02K | 175.40K | 280.59K | 57.82K |
| Cost & Expenses | 14.43M | 18.43M | 18.84M | 12.84M | 8.91M | 5.00M | 4.43M | 56.21K | 67.02K | 56.70K | 39.32K | 84.12K | 84.00K | 117.02K | 175.40K | 280.59K | 57.82K |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.59K | 4.88K | 5.57K | 3.18K | 0.00 | 0.00 | 4.00 | 7.37K | 6.17K | 0.00 |
| Interest Expense | 903.82K | 626.16K | 435.88K | 674.27K | 408.82K | 61.69K | 52.97K | 0.00 | 0.00 | 0.00 | 246.00 | 200.00 | 0.00 | 14.66K | 12.82K | 1.72K | 0.00 |
| Depreciation & Amortization | 2.30M | 22.08M | 26.90M | 22.31M | 23.05M | 30.73M | 57.27K | 56.21K | 8.14K | -30.49K | 3.18K | 200.00 | -253.00 | 0.00 | 140.05K | 0.00 | 0.00 |
| EBITDA | 2.83M | 5.87M | 6.76M | 6.68M | 4.24M | 83.82K | 2.36M | 1.37M | 1.22M | -87.19K | -36.14K | -84.12K | -84.25K | -117.02K | -35.35K | -280.59K | -57.82K |
| EBITDA Ratio | 18.41% | 28.84% | 33.04% | 46.74% | 44.02% | 1.74% | 42.30% | -1.17% | -1.86% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | 946.88K | 1.73M | 1.59M | 1.47M | 738.76K | -1.79M | 1.15M | -56.21K | -67.02K | -56.70K | -39.32K | -84.32K | -84.00K | -117.02K | -175.40K | -280.59K | -57.82K |
| Operating Income Ratio | 6.16% | 8.51% | 7.76% | 10.25% | 7.66% | -37.15% | 20.53% | -1.17% | -1.86% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | -1.32M | -4.89M | -5.59M | -5.86M | -401.50K | -1.67M | -60.92K | -41.47K | -28.71K | 36.06K | 8.42K | 0.00 | 31.50K | -14.66K | -180.79K | 0.00 | 0.00 |
| Income Before Tax | -369.33K | 1.11M | 1.15M | 790.75K | 329.95K | -1.85M | 1.09M | -53.62K | -62.14K | -20.64K | -30.91K | -84.52K | -52.75K | -131.68K | -356.19K | 0.00 | 0.00 |
| Income Before Tax Ratio | -2.40% | 5.43% | 5.63% | 5.53% | 3.42% | -38.43% | 19.58% | -1.11% | -1.72% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | -408.00K | 268.00K | 244.00K | 390.34K | 148.00K | 68.62K | 225.59K | -56.21K | 261.13K | -5.57K | -2.94K | -200.00 | 253.00 | 131.68K | 5.45K | 276.15K | 56.08K |
| Net Income | 38.67K | 837.54K | 907.17K | 400.41K | 181.95K | -1.92M | 867.02K | -53.62K | -62.14K | -20.64K | -30.91K | -84.32K | -52.75K | -131.68K | -361.64K | -276.15K | -56.08K |
| Net Income Ratio | 0.25% | 4.12% | 4.44% | 2.80% | 1.89% | -39.86% | 15.54% | -1.11% | -1.72% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 | -0.03 | 0.02 | -0.01 | -0.01 | 0.00 | -0.01 | -0.06 | -0.04 | -0.52 | -1.42 | -1.31 | -0.12 |
| EPS Diluted | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 | -0.03 | 0.02 | -0.01 | -0.01 | 0.00 | -0.01 | -0.06 | -0.04 | -0.52 | -1.42 | -1.31 | -0.12 |
| Weighted Avg Shares Out | 87.15M | 88.80M | 83.93M | 79.46M | 79.16M | 61.71M | 52.00M | 6.00M | 6.00M | 5.21M | 3.98M | 1.44M | 1.32M | 255.20K | 255.30K | 210.51K | 448.80K |
| Weighted Avg Shares Out (Dil) | 87.15M | 88.80M | 83.93M | 79.46M | 80.48M | 61.71M | 52.00M | 6.00M | 6.00M | 5.21M | 3.98M | 1.44M | 1.32M | 255.20K | 255.30K | 210.51K | 448.80K |
Solution Financial Initiates Quarterly Dividend
Vancouver, British Columbia--(Newsfile Corp. - November 6, 2024) - Solution Financial Inc. (TSX: SFI) (the "Company" or "Solution"), a leading provider of luxury automotive and yacht leasing in British Columbia, is pleased to announce that the Company's Board of Directors...
Solution Financial Reports Q3 2024 Financial Results
Vancouver, British Columbia--(Newsfile Corp. - September 13, 2024) - Solution Financial Inc. (TSX: SFI) (the "Company") a leading provider of luxury and ultra luxury asset leasing in Canada, today announced its financial results for the third quarter ending July 31,...
Solution Financial Initiates Quarterly Dividend
Vancouver, British Columbia--(Newsfile Corp. - August 7, 2024) - Solution Financial Inc. (TSX: SFI) (the "Company" or "Solution") a leading provider of luxury automotive and yacht leasing in British Columbia, is pleased to announce that the Company's Board of Directors...
Solution Financial Reports Q2 2024 Financial Results
Vancouver, British Columbia--(Newsfile Corp. - June 12, 2024) - Solution Financial Inc. (TSX: SFI) (the "Company") a leading provider of luxury and ultra luxury asset leasing in Canada, today announced its financial results for the second quarter ending April 30,...
Solution Financial Initiates Quarterly Dividend
Vancouver, British Columbia--(Newsfile Corp. - May 2, 2024) - Solution Financial Inc. (TSX: SFI) (the "Company" or "Solution") a leading provider of luxury automotive and yacht leasing in British Columbia, is pleased to announce that the Company's Board of Directors...
Solution Financial Reports Q1 2024 Financial Results
Vancouver, British Columbia--(Newsfile Corp. - March 15, 2024) - Solution Financial Inc. (TSX: SFI) (the "Company") a leading provider of luxury and ultra luxury asset leasing in Canada, today announced its financial results for the first quarter ending January 31,...
Solution Financial Initiates Quarterly Dividend
Vancouver, British Columbia--(Newsfile Corp. - February 12, 2024) - Solution Financial Inc. (TSX: SFI) (the "Company" or "Solution") a leading provider of luxury automotive and yacht leasing in British Columbia, is pleased to announce that the Company's Board of Directors...
Solution Financial Reports Year End 2023 Financial Results
Vancouver, British Columbia--(Newsfile Corp. - January 29, 2024) - Solution Financial Inc. (TSX: SFI) (the "Company"), a leading provider of luxury and ultra luxury asset leasing in Canada, today announced its financial results for the year ending October 31, 2023....
Solution Financial Initiates Quarterly Dividend
Vancouver, British Columbia--(Newsfile Corp. - November 6, 2023) - Solution Financial Inc. (TSX: SFI) (the "Company" or "Solution"), a leading provider of luxury automotive and yacht leasing in British Columbia, is pleased to announce that the Company's Board of Directors...
Solution Financial Reports Q3 2023 Financial Results
Richmond and Vancouver, British Columbia--(Newsfile Corp. - September 13, 2023) - Solution Financial Inc. (TSX: SFI) (the "Company") a leading provider of luxury automotive and yacht leasing in Canada, today announced its financial results for the third quarter ending July...
Source: https://incomestatements.info
Category: Stock Reports