SLP (SLP) financial statements
SLP reported revenue of $79M in fiscal 2025, up 16.5% a year over 9 years.
Net income was -$65M and the operating margin -89.3%, against 36.2% in 2016.
Free cash flow was $15M.
The diluted share count rose 17% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from SLP's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $20M | $24M | $30M | $34M | $42M | $46M | $54M | $60M | $70M | $79M |
| Cost of revenue | $5M | $6M | $8M | $9M | $11M | $11M | $11M | $12M | $27M | $33M |
| Gross profit | $15M | $18M | $22M | $25M | $31M | $36M | $43M | $48M | $43M | $46M |
| Research and development | $1M | $1M | $2M | $2M | $3M | $4M | $3M | $5M | $6M | $7M |
| Selling, general and admin | $7M | $8M | $10M | $12M | $16M | $21M | $20M | $28M | $22M | $21M |
| Operating income | $7M | $8M | $10M | $11M | $12M | $11M | $15M | $9M | $6M | -$71M |
| Interest expense | $0 | $38,188 | $153,034 | $0 | $0 | $22,000 | — | — | — | — |
| Pre-tax income | $7M | $8M | $10M | $11M | $11M | $11M | $15M | $12M | $12M | -$69M |
| Income tax | $2M | $2M | $1M | $2M | $2M | $1M | $3M | $2M | $2M | -$5M |
| Net income | $5M | $6M | $9M | $9M | $9M | $10M | $12M | $10M | $10M | -$65M |
| EPS (diluted) | $0.29 | $0.33 | $0.50 | $0.48 | $0.50 | $0.47 | $0.60 | $0.49 | $0.49 | -$3.22 |
| Diluted shares | 17M | 18M | 18M | 18M | 19M | 21M | 21M | 20M | 20M | 20M |
| Gross margin | 77.0% | 73.9% | 73.1% | 73.4% | 74.4% | 77.2% | 79.9% | 80.5% | 61.6% | 58.4% |
| Operating margin | 36.2% | 34.2% | 34.7% | 31.3% | 27.9% | 24.2% | 27.7% | 14.6% | 8.8% | -89.3% |
| Net margin | 24.8% | 24.0% | 30.1% | 25.3% | 22.4% | 21.1% | 23.2% | 16.7% | 14.2% | -81.7% |
Balance sheet
Fiscal years, from SLP's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $8M | $6M | $9M | $11M | $116M | $124M | $128M | $115M | $20M | $32M |
| Receivables | $3M | $4M | $6M | $5M | $7M | $10M | $14M | $10M | $9M | $10M |
| Total current assets | $13M | $13M | $18M | $21M | $129M | $139M | $147M | $130M | $39M | $52M |
| Property, plant and equipment | $256,381 | $291,135 | $335,224 | $341,145 | $438,000 | $2M | $632,000 | $671,000 | $812,000 | $880,000 |
| Goodwill | $5M | $10M | $10M | $10M | $13M | $13M | $13M | $19M | $96M | $44M |
| Total assets | $28M | $39M | $43M | $45M | $168M | $180M | $188M | $186M | $197M | $132M |
| Total current liabilities | $2M | $2M | $5M | $5M | $6M | $12M | $8M | $12M | $12M | $7M |
| Total liabilities | $5M | $13M | $11M | $8M | $12M | $14M | $10M | $16M | $14M | $7M |
| Shareholders' equity | $23M | $26M | $32M | $38M | $156M | $166M | $178M | $170M | $182M | $125M |
| Net debt | -$8M | -$6M | -$7M | -$11M | -$49M | -$37M | -$52M | -$58M | -$10M | -$31M |
Cash flow
Fiscal years, from SLP's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $5M | $7M | $9M | $12M | $11M | $19M | $18M | $22M | $13M | $18M |
| Capital spending | $1M | $2M | $2M | $2M | $3M | $5M | $4M | $4M | $4M | $3M |
| Free cash flow | $4M | $5M | $7M | $10M | $8M | $15M | $14M | $18M | $10M | $15M |
| Stock-based compensation | $347,077 | $621,781 | $709,083 | $1M | $2M | $3M | $3M | $5M | $7M | $6M |
| Dividends paid | $3M | $3M | $4M | $4M | $4M | $5M | $5M | $5M | $5M | $0 |
| Share buybacks (net) | — | — | — | — | — | $0 | $0 | -$20M | $0 | $0 |
| Free cash flow margin | 20.9% | 22.0% | 23.5% | 28.6% | 20.0% | 31.5% | 25.8% | 30.5% | 13.7% | 18.7% |
| Dividends per share | $0.20 | $0.20 | $0.23 | $0.23 | $0.23 | $0.23 | $0.23 | $0.23 | $0.24 | — |
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Open SLP in InvestinglyQuestions
What was SLP's revenue in 2025?
$79M in fiscal 2025, from its 10-K filing.
How much free cash flow does SLP generate?
$15M in fiscal 2025 (operating cash flow minus capital spending).
From SLP's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.