FTAC Emerald [FLD] vs Soluna Holdings [SLNH] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 19 vital metrics comparison: FTAC Emerald Acquisition Corp. wins in 11 metrics, Soluna Holdings Inc. wins in 8 metrics, with 0 ties. FTAC Emerald Acquisition Corp. appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric FTAC Emerald Acquisition Corp. Soluna Holdings Inc. Better
P/E Ratio (TTM) 1.84 -0.56 FTAC Emerald Acquisition Corp.
Price-to-Book Ratio 1.17 2.75 FTAC Emerald Acquisition Corp.
Debt-to-Equity Ratio 124.90 26.07 Soluna Holdings Inc.
PEG Ratio -5.43 -3.20 Soluna Holdings Inc.
EV/EBITDA -5.20 -10.04 FTAC Emerald Acquisition Corp.
Profit Margin (TTM) -218.88% -179.73% Soluna Holdings Inc.
Operating Margin (TTM) -90.25% -131.43% FTAC Emerald Acquisition Corp.
Return on Equity -110.48% -81.64% Soluna Holdings Inc.
Return on Assets (TTM) -12.78% -15.25% FTAC Emerald Acquisition Corp.
Free Cash Flow (TTM) $-17.07M $-41.00M FTAC Emerald Acquisition Corp.
1-Year Return -76.90% 165.63% Soluna Holdings Inc.
Price-to-Sales Ratio (TTM) 2.43 5.65 FTAC Emerald Acquisition Corp.
Enterprise Value $146.77M $173.96M Soluna Holdings Inc.
EV/Revenue Ratio 4.62 5.85 FTAC Emerald Acquisition Corp.
Gross Profit Margin (TTM) -32.74% 19.18% Soluna Holdings Inc.
Revenue per Share (TTM) $1 $1 Soluna Holdings Inc.
Earnings per Share (Diluted) $-1.65 $-2.38 FTAC Emerald Acquisition Corp.
Beta (Stock Volatility) 0.27 4.28 FTAC Emerald Acquisition Corp.
Short % of Float 1.03% 17.67% FTAC Emerald Acquisition Corp.

FTAC Emerald Acquisition Corp. vs Soluna Holdings Inc. Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
FTAC Emerald Acquisition Corp.-16.38%-27.72%-45.52%-50.68%-76.30%-73.55%
Soluna Holdings Inc.-6.67%-17.20%14.93%77.01%-12.50%9.22%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
FTAC Emerald Acquisition Corp.-76.90%-91.17%-91.17%4.30%-3.00%-3.00%
Soluna Holdings Inc.165.63%-67.62%-99.12%-90.93%-90.42%-99.78%

Performance & Financial Health Analysis: FTAC Emerald Acquisition Corp. vs Soluna Holdings Inc.

MetricFLDSLNH
Market Information
Market Cap i$74.19M$153.00M
Market Cap CategoryMicro capMicro cap
10 Day Avg. Volume i134,41919,321,446
90 Day Avg. Volume i158,7867,996,405
Last Close$0.73$1.54
52 Week Range$0.73 - $5.30$0.42 - $5.14
% from 52W High-86.27%-70.04%
All-Time High$14.00 (Feb 17, 2025)$269.33 (Mar 13, 2000)
% from All-Time High-94.79%-99.43%
Growth Metrics
Quarterly Revenue Growth0.23%0.11%
Quarterly Earnings Growth-1.60%0.11%
Financial Health
Profit Margin (TTM) i-2.19%-1.80%
Operating Margin (TTM) i-0.90%-1.31%
Return on Equity (TTM) i-1.10%-0.82%
Debt to Equity (MRQ) i124.9026.07
Cash & Liquidity
Book Value per Share (MRQ)$1.30$0.54
Cash per Share (MRQ)$0.15$0.69
Operating Cash Flow (TTM) i$-16,119,695$-9,149,000
Levered Free Cash Flow (TTM) i$-10,731,677$-30,878,000
Dividends
Last 12-Month Dividend Yield iN/AN/A
Last 12-Month Dividend iN/A$0.00

Valuation & Enterprise Metrics Analysis: FTAC Emerald Acquisition Corp. vs Soluna Holdings Inc.

MetricFLD (Apr 24, 2026)SLNH (Apr 24, 2026)
Price Ratios
P/E Ratio (TTM) i1.84-0.56
Forward P/E i-5.43-3.20
PEG Ratio i-5.43-3.20
Price to Sales (TTM) i2.435.65
Price to Book (MRQ) i1.172.75
Market Capitalization
Market Capitalization i$74.19M$153.00M
Enterprise Value i$146.77M$173.96M
Enterprise Value Metrics
Enterprise to Revenue i4.625.85
Enterprise to EBITDA i-5.20-10.04
Risk & Other Metrics
Beta i0.274.28
Book Value per Share (MRQ) i$1.30$0.54

Financial Statements Comparison: FTAC Emerald Acquisition Corp. vs Soluna Holdings Inc.

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricFLD (2025)SLNH (2025)
Revenue/Sales i31.79M29.72M
Cost of Goods Sold i47.38M23.26M
COGS % of Revenue i149.0%78.3%
Gross Profit i-15.59M6.46M
Gross Margin i-49.0%21.7%
Research & Development iN/AN/A
Operating Income (EBIT) i-27.73M-33.67M
Operating Margin i-87.2%-113.3%
EBITDA i-44.47M-23.75M
EBITDA Margin i-139.9%-79.9%
Pre-Tax Income i-69.59M-59.31M
Pre-Tax Income % of Revenue i-218.9%-199.6%
Income Tax i1,472-2.32M
Income Tax % of Revenue i0.0%-7.8%
Net Income (Profit) i-69.59M-56.99M
Profit Margin i-218.9%-191.8%

Balance Sheet & Liquidity Metrics

MetricFLD (2025)SLNH (2025)
Cash & Equivalents i7.65M76.42M
Total Current Assets i18.12M92.13M
Total Current Assets % of Revenue i57.0%310.0%
Total Current Liabilities i21.11M49.19M
Total Current Liabilities % of Revenue i66.4%165.5%
Long-Term Debt i68.68M20.32M
Long-Term Debt % of Revenue i216.0%68.4%
Total Shareholders Equity i62.99M112.25M
Retained Earnings i-170.94M-367.72M
Retained Earnings % of Revenue i-537.7%-1,237.4%
Property, Plant & Equipment iN/A2.50M

Cash Flow Statement Comparison

MetricFLD (2025)SLNH (2025)
Operating Cash Flow i-40.32M-26.90M
Operating Cash Flow % of Revenue i-126.8%-90.5%
Capital Expenditures iN/A-31.72M
Free Cash Flow i-17.07M-41.00M
FCF Margin i-53.7%-138.0%
Debt Repayment iN/A-118,000
Common Stock Repurchase iN/AN/A

Short Interest & Institutional Ownership Analysis

MetricFLDSLNH
Shares Short i366,89915.81M
Short Ratio i2.016.14
Short % of Float i1.03%17.67%
Shares Outstanding i48.42M102.53M
Float Shares i6.70M78.28M
% Held by Insiders i71.34%28.35%
% Held by Institutions i15.03%13.05%
% Held by Public i13.63%58.60%

Dividend Analysis & Yield Comparison: FTAC Emerald Acquisition Corp. vs Soluna Holdings Inc.

MetricFLDSLNH
Last 12-Month Dividend iN/A$0.00
Last 12-Month Dividend Yield iN/AN/A
3-Year Avg Annual Dividend iN/A$0.00
3-Year Avg Dividend Yield iN/AN/A
3-Year Total Dividends iN/A$0.00
Ex-Dividend DateN/AN/A