Solana vs Nyxoah SA
Nyxoah SA is the larger business, with $11.3m of revenue in fiscal 2025 against $6.0m for Solana (1.9 times as much). Solana grew faster (1057.1% against 131.6%). Solana kept more of each dollar of sales as profit: a net margin of -679.6% against -899.1%. Solana carries less debt relative to equity (0.0% against 0.0%).
| Latest fiscal year | SolanaHSDT, 2025 | Nyxoah SANYXH, 2025 |
|---|---|---|
| Revenue | $6.0m | $11.3m |
| Revenue growth | 1057.1% | 131.6% |
| Net income | −$40.9m | −$102m |
| Operating margin | -4052.5% | -833.2% |
| Net margin | -679.6% | -899.1% |
| Return on equity | -27.1% | -116.5% |
| Free cash flow | −$16.5m | −$78.9m |
| Cash | $7.3m | $35.2m |
| Total debt | $0 | $0 |
| Debt to equity | 0.0% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 21 | — |
| Market value | $117m | $38.6m |
| Price vs our value range | — | — |
| Moat score | 14 (Weak) | — |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |