Over $2 mil­lion has been paid to share­hold­ers of So­lis since it was list­ed on the Trinidad and To­ba­go Stock Ex­change.

So­lis chair An­gel­la Per­sad made this rev­e­la­tion in her re­marks on the com­pa­ny’s unau­dit­ed first quar­ter re­sults for the quar­ter end­ed Ju­ly 31, 2025.

The re­sults were list­ed on the TTSE on Fri­day.

Per­sad said, “It pleas­es me to use this op­por­tu­ni­ty to an­nounce a quar­ter­ly div­i­dend of $0.06 per share based on the re­sults of the first quar­ter for FY26. This div­i­dend will be paid on Oc­to­ber 9, 2025 to all share­hold­ers on record as at Sep­tem­ber 26, 2025. This is the third con­sec­u­tive quar­ter in which we are pay­ing a div­i­dend, and will bring to­tal div­i­dends paid to share­hold­ers to over $2 mil­lion since list­ing the com­pa­ny on the Trinidad & To­ba­go Stock Ex­change one year ago.”

So­lis be­came the third Small or Medi­um En­ter­prise(SME) to be list­ed on the TTSE on Sep­tem­ber 9, 2023 af­ter a suc­cess­ful ini­tial pub­lic of­fer­ing which was re­port­ed­ly over­sub­scribed. Some 8,333,333 or­di­nary shares were of­fered at $4 each dur­ing the IPO.

The com­pa­ny, which is in the busi­ness of sell­ing or rent­ing mul­ti-func­tion print­ers and pho­to­copiers, an­nounced a prof­it af­ter tax of $1.2 mil­lion for first quar­ter of the com­pa­ny’s 2026 fi­nan­cial year, which was al­most dou­ble the $617,159 prof­it af­ter tax prof­it the com­pa­ny re­port­ed for the same pe­ri­od last year.

Per­sad stat­ed the IPO helped with the com­pa­ny’s prof­its in the re­port.

She said, “This was dri­ven main­ly by rev­enue growth of over 80 per cent in Q1 FY26 vs Q1 FY25 which in­cludes the re­sults of our new sub­sidiary, Busi­ness Equip­ment & In­te­ri­ors In­ter­na­tion­al Ltd (BEI). The com­pa­ny’s cap­i­tal and re­serves al­so more than dou­bled from $15.3 mil­lion as at Ju­ly 31, 2024 to $31.4 mil­lion as at Ju­ly 31, 2025, dri­ven in part by the IPO. Our cash po­si­tion re­flects these pos­i­tive re­sults, mov­ing from an over­draft po­si­tion of $1.8 mil­lion on Ju­ly 31, 2024 to a pos­i­tive cash bal­ance of $4.7 mil­lion on Ju­ly 31, 2025.”

So­lis ac­quired Busi­ness Equip­ment & In­te­ri­ors In­ter­na­tion­al Ltd (“BEI”) on Jan­u­ary 31, 2025.