Solis Bond Company reports €5.7m unaudited consolidated loss for 2024

Solis Bond Company Designated Activity Company and Subsidiaries, an Irish-registered company, reported an unaudited consolidated net loss of €5,744,000 for the financial year ended December 31, 2024. This marks a substantial decrease from the previous year's loss of €38,924,000.

The company's turnover for 2024 was €12,960,000, down from €28,053,000 in 2023. Other expenses also saw a notable reduction, falling to €13,715,000 from €52,522,000 in the prior year. Fixed assets stood at €58,372,000, while net liabilities were €26,072,000 at the end of 2024, compared to €16,478,000 in 2023.

The financial statements were prepared in accordance with the micro-companies' regime and FRS 105. Directors Paul McGowan and Are Remseth Gloersen approved the statements on September 30, 2025. MFOR Audit Services Limited, t/a Brophy Gillespie Chartered Accountants, compiled the statements but did not carry out an audit or review.