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SLMTBrera Holdings PLC
$5.40$45M
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Brera Holdings PLC (SLMT) Financial Ratios

Latest Ratios: P/E Ratio -0.1x · EV/EBITDA N/A · ROE -495.8%. (2020–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

SLMT Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Market Cap$45M$153M$280M$249M———
Enterprise Value$30M$140M$280M$248M———
P/E Ratio →-0.11——————
P/S Ratio9.2035.6097.13217.29———
P/B Ratio0.271.0873.4184.68———
P/FCF———————
P/OCF———————

P/E links to full P/E history page with 30-year chart

SLMT EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
EV / Revenue—32.4697.02216.28———
EV / EBITDA———————
EV / EBIT———————
EV / FCF———————

SLMT Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Gross Margin73.8%73.8%92.3%91.2%44.4%73.7%63.9%
Operating Margin-6746.5%-6746.5%-192.5%-468.1%-755.3%-1.7%-4.3%
Net Profit Margin-8388.2%-8388.2%-153.4%-386.8%-755.4%-20.7%1.2%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
ROE-495.8%-495.8%-130.9%-315.5%———
ROA-414.3%-414.3%-47.6%-92.3%-142.4%-23.0%1.5%
ROIC-291.4%-291.4%-91.6%-188.5%-507.8%-27.3%—
ROCE-378.1%-378.1%-112.3%-261.6%-1402.3%-11.1%—

SLMT Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Debt / Equity0.020.020.310.38———
Debt / EBITDA—————6.77—
Net Debt / Equity—-0.10-0.09-0.39———
Net Debt / EBITDA—————6.33—
Debt / FCF—————37.27-0.96
Interest Coverage-1321.02-1321.02-69.10-1243.40-244.96-20.4410.90

Net cash position: cash ($16M) exceeds total debt ($3M)

SLMT Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Current Ratio3.503.500.700.660.810.410.49
Quick Ratio3.503.500.700.660.810.410.49
Cash Ratio0.980.980.360.510.340.050.19
Asset Turnover—0.030.290.140.140.701.26
Inventory Turnover———————
Days Sales Outstanding———————

SLMT Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Dividend Yield———————
Payout Ratio———————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Earnings Yield———————
FCF Yield———————
Buyback Yield0.0%0.0%0.0%0.0%———
Total Shareholder Yield0.0%0.0%0.0%0.0%———
Shares Outstanding—$8M$3M$4M$4M$4M$4M

Key Metrics

Growth RegimeMixed
ProfitabilityNegative
Balance SheetMixed
Cash FlowBurning
Top Statement Risk

Regulatory compliance cost burden

Speculative Pricing Amidst Negative Earnings

Based on reported figures, the company trades at a P/S ratio of 8.15, which appears to reflect a market valuation predicated on future regulatory optionality rather than current fundamental performance, given the absence of positive P/E or EV/EBITDA multiples in the provided financial data.

The current valuation suggests investors are pricing the firm as a high-beta call option on European institutional crypto adoption. Without positive earnings or EBITDA, traditional valuation multiples are largely non-informative, and the premium likely captures the scarcity value of its Irish regulatory framework.

Fixed Costs Obscure Operational Potential

As reported in financial statements, the firm maintains a 73.7% gross margin, yet this efficiency is entirely negated by an operating margin of -70.9% in 2025Q4, indicating that the business model is currently unable to absorb its heavy fixed regulatory and administrative overhead.

The disparity between gross and operating margins highlights a structural issue where the cost of maintaining a regulated financial platform exceeds the revenue generated by current AUM. This suggests that profitability is not merely a function of asset price performance but requires a significant, non-linear increase in scale to reach break-even.

Capital Compounding Remains Deeply Negative

According to recent SEC filings, the company's ROIC has remained consistently negative, reaching -2.9% in 2025Q4, which demonstrates that the firm is currently destroying rather than compounding invested capital as it attempts to build out its digital asset management infrastructure.

The persistent negative ROIC trend suggests that the capital deployed into product seeding and regulatory compliance is not yet generating a sufficient return to cover the cost of the firm's capital base. Investors should monitor whether future product launches can improve capital efficiency or if the current trajectory indicates a permanent impairment of invested funds.

Working Capital Cycles Indicate Strain

Based on the provided data, the asset turnover ratio remains extremely low at 0.04 as of 2025Q4, suggesting that the company is struggling to generate meaningful revenue relative to its expanding asset base, which is heavily weighted toward goodwill and intangible regulatory assets.

The low asset turnover reflects the difficulty of scaling an asset management business that relies on high-touch regulatory approvals. The lack of clear CCC metrics further complicates the assessment of working capital efficiency, implying that the firm's liquidity is tied more to its cash reserves than to the velocity of its operational cycle.

Misapplied Focus on Earnings Multiples

The P/E ratio is the most commonly misapplied metric for this business model, as it obscures the firm's true value as a regulatory shell, which should instead be evaluated through the lens of 'cost-to-replicate' for its Irish financial licenses and institutional-grade compliance infrastructure.

Using P/E to value a firm in a high-growth, high-burn phase of regulatory infrastructure development is misleading because it ignores the intangible value of the licenses held. Analysts should focus on the 'replacement cost' of the regulatory framework rather than traditional earnings-based multiples, which are currently distorted by heavy, non-recurring compliance expenditures.

Download Financial Ratios Data

Includes 30+ ratios · 6 years · Updated daily

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SLMT — Frequently Asked Questions

Quick answers to the most common questions about buying SLMT stock.

What is Brera Holdings PLC's P/E ratio?

Brera Holdings PLC's current P/E ratio is -0.1x. This places it at the 50th percentile of its historical range.

What is Brera Holdings PLC's ROE?

Brera Holdings PLC's return on equity (ROE) is -495.8%. The historical average is -314.1%.

Is SLMT stock overvalued?

Based on historical data, Brera Holdings PLC is trading at a P/E of -0.1x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What are Brera Holdings PLC's profit margins?

Brera Holdings PLC has 73.8% gross margin and -6746.5% operating margin.