Solesence, Inc.
Key Finding: Solesence (SLSN) is a micro-cap company focused on proprietary mineral-based skincare and sun protection technologies that has experienced an ~80% stock decline over the past year following its 2025 rebranding and Nasdaq uplisting, with limited analyst coverage and modest profitability.
| Metric | 2025 | 2024 | TTM |
|---|---|---|---|
| Revenue | $62.06M | $52.35M | $60.4M |
| Gross Profit | $16.06M | $16.19M | $16.02M |
| Net Income | $1.79M | $4.24M | $0.94M |
| Diluted EPS | $0.02 | $0.07 | $0.01 |
| Gross Margin | 25.9% | 30.9% | 26.5% |
| Company | Focus |
|---|---|
| Voyant Beauty | Contract manufacturing, beauty |
| Lessonia | Cosmetic ingredients |
| e.l.f. Beauty / larger players | Mass beauty (broader scale) |
| Legacy: Various nanomaterial suppliers | Industrial coatings & additives |
Solesence, Inc. (formerly Nanophase Technologies Corporation) is a science-driven company providing engineered materials, formulation development, and commercial manufacturing services. Core products include surface-engineered zinc oxide and titanium dioxide for mineral-based UV protection in skincare, sunscreens, and color cosmetics. It also serves legacy industrial markets.