Solesence (SLSN) earnings
Solesence earnings: last reported Wed, 19 Aug 2026, for the quarter ended Jun 2026.
Solesence earnings callsSolesence earnings calls (SLSN)
Solesence Q2 FY26 — Accounting Issue Addressed, Strong H2 Outlook
What went well
- Full-year 2026 revenue expected to outperform 2025, setting a new record for growth.
- Second half of 2026 projected to generate approximately $35 million in revenue, marking the strongest H2 in company history.
- Q2 2026 gross margin of 31% achieved on 25% lower revenue compared to Q2 2025, indicating continued improvement in labor efficiency.
What to watch
- Identified an issue with historical inventory costing methodology, requiring restatements for prior periods.
- Q2 2026 revenue decreased to $15.3 million from $20.4 million in Q2 2025.
Performance −74.4% 1Y
1Y: $3.2 on 29 Sept 2025 → $0.82. High $4.36 (2 Oct 2025), low $0.64 (14 Jul 2026).
Quarterly results
Q2 FY26: revenue down 24.7%, net profit down 104.9% against the same quarter last year.
| Line item | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 17 | 13 | 15 | 20 | 15 −13% | 12 −1% | 13 −11% | 15 −25% |
| EBITDA | 3 | -0 | 0 | 2 | -1 −124% | -0 −69% | -1 −373% | 0 −95% |
| Net profit | 3 | -1 | 0 | 3 | -1 −137% | -1 −19% | -1 −380% | -0 −105% |
How to read this
US$ million, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Balance sheet
| Year ending | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Equity capital | $382.0K | $489.0K | $493.0K | $496.0K | $700.0K | $706.0K |
| Reserves | -$99.77M | -$97.45M | -$100.07M | -$104.66M | -$100.43M | -$102.19M |
| Total liabilities | $10.81M | $20.93M | $27.91M | $30.98M | $39.65M | $32.42M |
| Fixed assets | $2.87M | $4.71M | $7.95M | $8.67M | $12.73M | $14.33M |
| Total assets | $13.54M | $28.39M | $33.56M | $32.88M | $50.00M | $46.51M |
How to read this
As filed on each reporting date, including interim balance sheets. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Insider filings
7 filings between Nov 14, 2025 and Dec 24, 2025.
Open market
decisions to buy or sellPurchases
$68.1K
7 purchases by 1 insider
Sales
None
No insider sold shares.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| WHITMORE R JANET | $68.1K | — | Dec 24, 2025 |
Latest filings (39)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Dec 24, 2025 | WHITMORE R JANET Director | Purchase | 1,000 | $1.9K |
| Dec 24, 2025 | WHITMORE R JANET Director | Purchase | 1,500 | $2.9K |
| Nov 19, 2025 | WHITMORE R JANET Director | Purchase | 5,000 | $9.8K |
| Nov 19, 2025 | WHITMORE R JANET Director | Purchase | 5,000 | $9.4K |
| Nov 18, 2025 | WHITMORE R JANET Director | Purchase | 267 | $489 |
| Nov 17, 2025 | WHITMORE R JANET Director | Purchase | 5,000 | $9.3K |
| Nov 14, 2025 | WHITMORE R JANET Director | Purchase | 19,789 | $34.2K |
| Jun 6, 2025 | Cureton Kevin Chief Operating Officer | Sale | 38,807 | $147.5K |
| Jun 6, 2025 | Cureton Kevin Chief Operating Officer | Option exercise | 38,807 | $16.3K |
| Jun 5, 2025 | Cureton Kevin Chief Operating Officer | Option exercise | 4,693 | $2.0K |
| Jun 5, 2025 | Cureton Kevin Chief Operating Officer | Sale | 4,693 | $18.6K |
| May 29, 2025 | WHITMORE BRADFORD T 10% owner | Purchase | 2,500,000 | $10.50M |
| May 29, 2025 | WHITMORE BRADFORD T 10% owner | Purchase | 4,189,000 | $17.59M |
| May 29, 2025 | WHITMORE BRADFORD T 10% owner | Sale | 2,500,000 | $10.50M |
| May 29, 2025 | WHITMORE BRADFORD T 10% owner | Sale | 4,189,000 | $17.59M |
| Oct 29, 2024 | WHITMORE R JANET Director | Purchase | 2,000 | $2.2K |
| Oct 29, 2024 | WHITMORE R JANET Director | Purchase | 2,000 | $1.8K |
| Oct 29, 2024 | WHITMORE R JANET Director | Purchase | 2,000 | $2.1K |
| Oct 29, 2024 | WHITMORE R JANET Director | Purchase | 2,000 | $2.4K |
| Oct 29, 2024 | WHITMORE R JANET Director | Purchase | 2,000 | $1.7K |
| Oct 29, 2024 | WHITMORE R JANET Director | Purchase | 2,000 | $2.0K |
| Oct 29, 2024 | WHITMORE R JANET Director | Purchase | 10,000 | $6.8K |
| Oct 29, 2024 | WHITMORE R JANET Director | Purchase | 10,000 | $8.2K |
| Oct 29, 2024 | WHITMORE R JANET Director | Purchase | 6,667 | $3.0K |
| Oct 29, 2024 | WHITMORE R JANET Director | Purchase | 6,666 | $7.8K |
| Sep 24, 2024 | WHITMORE R JANET Director | Purchase | 550 | $853 |
| Sep 24, 2024 | WHITMORE R JANET Director | Purchase | 23,150 | $37.0K |
| Sep 24, 2024 | WHITMORE R JANET Director | Purchase | 200 | $318 |
| Sep 24, 2024 | JANKOWSKI JESS President, CEO | Option exercise | 81,000 | $36.0K |
| Sep 23, 2024 | Cureton Kevin Chief Operating Officer | Purchase | 3,716 | $5.4K |
| Sep 23, 2024 | Cureton Kevin Chief Operating Officer | Purchase | 1,000 | $1.6K |
| Sep 23, 2024 | WHITMORE R JANET Director | Purchase | 26,000 | $41.3K |
| Sep 19, 2024 | WHITMORE R JANET Director | Purchase | 200 | $314 |
| Sep 19, 2024 | WHITMORE R JANET Director | Purchase | 2,000 | $3.1K |
| Sep 9, 2024 | WHITMORE R JANET Director | Purchase | 4,488 | $6.8K |
| Sep 4, 2024 | WHITMORE R JANET Director | Purchase | 9,019 | $13.5K |
| Sep 3, 2024 | WHITMORE R JANET Director | Purchase | 100 | $147 |
| Sep 3, 2024 | WHITMORE R JANET Director | Purchase | 144 | $213 |
| Aug 27, 2024 | WHITMORE R JANET Director | Purchase | 1,177 | $1.8K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.