お知らせ • May 12
SDI Group plc Announces Resignation of Non-Executive Director David Tilston, Effective July 31, 2026 SDI Group plc announced that Non-Executive Director, David Tilston, intends to step down from the Board with effect from July 31, 2026. David, who joined the Board in July 2017, is stepping down in line with best practice corporate governance, as he approaches his maximum tenure as an independent Non-Executive Director. During his nine-year tenure, David has provided guidance and support through a period of transformative growth for SDI Group. Upon his appointment, the Group comprised of 4 companies generating £10.7 million in revenue and £1.3 million in Adjusted Operating Profit. He has helped steer the business through to its current standing, generating £66.2 million in revenue and £10 million in Adjusted Operating Profit as of year end 2025. The Board has commenced a search process to appoint a new independent Non-Executive Director and will announce a further update on this new appointment in due course. Meeting date: May 11, 2026. New Risk • Mar 17
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: UK£74.6m (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. お知らせ • Feb 15
SDI Group plc (AIM:SDI) acquired Prp Optoelectronics Limited from Kevin Peart and Sam Cox for £12.2 million. SDI Group plc (AIM:SDI) acquired Prp Optoelectronics Limited from Kevin Peart and Sam Cox for £12.2 million on February 13, 2026. The purchase price is a net consideration of £9.3 million, excluding £2.8 million of acquired net cash. Total consideration comprises of cash consideration paid immediately on completion of £11.3 million and deferred cash consideration of £0.8 million to £0.9 million, subject to working capital completion accounts, which will be paid to the sellers after completion. The cash consideration will be funded from the SDI Group's revolving credit facility with HSBC UK Bank. Further delivery of SDI's stated growth strategy, expected to be earnings enhancing in the first full year of ownership.
For the period ending December 31, 2025, Prp Optoelectronics Limited reported total revenue of £5.99 million and EBIT of £1.54 million. As of December 31, 2025, Prp Optoelectronics Limited reported total common equity of £4.43 million. As of the acquisition, Managing Director, Kevin Peart and Technical Director, Sam Cox will remain with the business in a full-time capacity. Prp Optoelectronics will join the SDI Group’s Industrial & Scientific Sensors division and further SDI's penetration into the aerospace industry.
Ed Frisby and Seamus Fricker of Cavendish Capital Markets Limited acted as financial advisor for SDI Group plc. Corinne Spencer, Anvita Oswal and Tess Bryson of Birketts LLP acted as legal advisor for SDI Group plc.
SDI Group plc (AIM:SDI) completed the acquisition of Prp Optoelectronics Limited from Kevin Peart and Sam Cox on February 13, 2026. New Risk • Dec 09
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 48% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. This is currently the only risk that has been identified for the company. お知らせ • Nov 17
SDI Group plc to Report First Half, 2026 Results on Dec 03, 2025 SDI Group plc announced that they will report first half, 2026 results on Dec 03, 2025 Buy Or Sell Opportunity • Sep 23
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 7.6% to UK£0.99. The fair value is estimated to be UK£0.79, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years. Earnings per share has declined by 33%. Revenue is forecast to grow by 14% in a year. Earnings are forecast to grow by 23% in the next year. New Risk • Aug 01
New major risk - Revenue and earnings growth Earnings have declined by 3.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 01
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: UK£0.038 (down from UK£0.041 in FY 2024). Revenue: UK£66.2m (flat on FY 2024). Net income: UK£4.04m (down 4.6% from FY 2024). Profit margin: 6.1% (down from 6.4% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. お知らせ • Jul 30
SDI Group plc, Annual General Meeting, Sep 24, 2025 SDI Group plc, Annual General Meeting, Sep 24, 2025. Location: the offices of cavendish capital markets ltd, one bartholomew close, ec1a 7bl, london United Kingdom お知らせ • Jul 21
SDI Group plc to Report Fiscal Year 2025 Results on Jul 30, 2025 SDI Group plc announced that they will report fiscal year 2025 results at 8:00 AM, GMT Standard Time on Jul 30, 2025 New Risk • Jul 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported October 2024 fiscal period end). Share price has been volatile over the past 3 months (7.8% average weekly change). New Risk • Jun 23
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended October 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. This is currently the only risk that has been identified for the company. お知らせ • Jun 06
SDI Group plc (AIM:SDI) acquired Severn Thermal Solutions Limited for £4.75 million. SDI Group plc (AIM:SDI) acquired Severn Thermal Solutions Limited for £4.75 million on June 6, 2025. The Total consideration comprises cash consideration payable immediately on completion of £7.84 million Deferred cash consideration of £0.48 million which is expected to be paid to the sellers shortly after completion. Gross and net cash acquired of £3.57 million. The cash consideration payable on completion will be funded from the Group's revolving credit facility with HSBC UK Bank.
For the period ending September 30, 2024, Severn Thermal Solutions Limited reported total revenue of £2.42 million and EBIT of £1.06 million.
Ed Frisby, Seamus Fricker, Andrew Burdis, Sunila de Silva Cavendish Capital Markets Limited acted as financial advisors to SDI Group plc.
SDI Group plc (AIM:SDI) completed the acquisition of Severn Thermal Solutions Limited on June 6, 2025. お知らせ • Apr 04
SDI Group plc (AIM:SDI) acquired Collins Walker Limited for £2.2 million. SDI Group plc (AIM:SDI) acquired Collins Walker Limited for £2.2 million on April 4, 2025. Total consideration, including acquired cash, is expected to be £2.12 million, up to a maximum of £2.22 million, and consists of £1.75 million initially paid in cash, with a further £0.1 million to be paid on the finalization of the completion accounts Acquired cash is £0.27 million, £0.22 million of which will be paid for in cash on completion and a further £45,000 will be paid for on finalization of the completion accounts, and a balancing cash payment may be made shortly after finalization of the completion accounts and depends on the final net assets of Collins Walker. The cash consideration will be funded from the Group's revolving credit facility with HSBC UK Bank.
Cavendish Capital Markets Limited acted as financial advisor for SDI Group plc.
SDI Group plc (AIM:SDI) completed the acquisition of Collins Walker Limited on April 4, 2025. Reported Earnings • Dec 11
First half 2025 earnings released: EPS: UK£0.012 (vs UK£0.019 in 1H 2024) First half 2025 results: EPS: UK£0.012 (down from UK£0.019 in 1H 2024). Revenue: UK£30.9m (down 4.0% from 1H 2024). Net income: UK£1.21m (down 39% from 1H 2024). Profit margin: 3.9% (down from 6.1% in 1H 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 35% per year whereas the company’s share price has fallen by 34% per year. New Risk • Dec 10
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 46% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (46% net debt to equity). Market cap is less than US$100m (UK£60.6m market cap, or US$77.4m). お知らせ • Oct 30
SDI Group plc acquired Inspecvision Limited for £8.65 million SDI Group plc agreed to acquire Inspecvision Limited for £8.65 million on October 30, 2024.
SDI Group plc completed acquisition of Inspecvision Limited £8.65 million on October 30, 2024. Buy Or Sell Opportunity • Aug 02
Now 22% undervalued Over the last 90 days, the stock has risen 14% to UK£0.60. The fair value is estimated to be UK£0.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has declined by 7.0%. Revenue is forecast to decline by 1.3% in a year. Earnings are forecast to grow by 158% in the next year. お知らせ • Jul 31
SDI Group plc, Annual General Meeting, Sep 26, 2024 SDI Group plc, Annual General Meeting, Sep 26, 2024. Location: the offices of cavendish capital markets ltd, one bartholomew close, ec1a 7bl, london United Kingdom お知らせ • Jul 23
SDI Group plc to Report Fiscal Year 2024 Final Results on Jul 30, 2024 SDI Group plc announced that they will report fiscal year 2024 final results at 11:00 AM, GMT Standard Time on Jul 30, 2024 New Risk • Jun 24
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended October 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported October 2023 fiscal period end). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.4% net profit margin). Market cap is less than US$100m (UK£67.6m market cap, or US$85.5m). Buy Or Sell Opportunity • Jan 25
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 33% to UK£0.61. The fair value is estimated to be UK£0.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has declined by 7.0%. Revenue is forecast to decline by 1.1% in a year. Earnings are forecast to grow by 196% in the next year. お知らせ • Jan 23
SDI Group plc Announces CEO Changes SDI Group plc announced that Mike Creedon has stepped down as CEO. Mike joined the Group in 2010 as CFO, was promoted to MD, became CEO in 2012, and has been a key part of SDI's journey over the past decade.Stephen Brown, previously SDI's COO, succeeds Mike as CEO. Stephen joined the Group, and the Board, as COO in September 2023. Stephen has held a number of senior positions with prestigious global product and technology focused businesses. Recent roles include Stephen's position as Group COO (non board) at AIM quoted AB Dynamics plc and CEO & Operating Partner at BP Launchpad, part of BP plc. Mike has stepped down as CEOof the Company effective 19 January 2024, with Stephen being appointed as CEO at the same time. お知らせ • Jan 23
SDI Group plc Announces Mike Has Stepped Down as Director SDI Group plc announced Mike has stepped down as a director and employee of the Company effective 19 January 2024. New Risk • Jan 22
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: UK£75.5m (US$96.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.4% net profit margin). Market cap is less than US$100m (UK£75.5m market cap, or US$96.0m). Reported Earnings • Dec 13
First half 2024 earnings released: EPS: UK£0.019 (vs UK£0.042 in 1H 2023) First half 2024 results: EPS: UK£0.019 (down from UK£0.042 in 1H 2023). Revenue: UK£32.2m (up 1.6% from 1H 2023). Net income: UK£1.98m (down 53% from 1H 2023). Profit margin: 6.1% (down from 13% in 1H 2023). Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 10% per year. Major Estimate Revision • Dec 08
Consensus EPS estimates fall by 33% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from UK£72.0m to UK£64.9m. EPS estimate also fell from UK£0.055 per share to UK£0.037 per share. Net income forecast to shrink 1.8% next year vs 30% growth forecast for Electronic industry in the United Kingdom . Consensus price target down from UK£2.00 to UK£1.75. Share price fell 23% to UK£0.81 over the past week. お知らせ • Dec 05
SDI Group plc to Report First Half, 2024 Results on Dec 07, 2023 SDI Group plc announced that they will report first half, 2024 results on Dec 07, 2023 Buying Opportunity • Nov 07
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 1.8%. The fair value is estimated to be UK£1.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 14% in 2 years. Earnings is forecast to grow by 78% in the next 2 years. お知らせ • Nov 07
SDI Group plc (AIM:SDI) acquired Peak Sensors (Holding) Limited for £2.4 million. SDI Group plc (AIM:SDI) acquired Peak Sensors (Holding) Limited for £2.4 million on November 3, 2023.Total consideration is estimated at £2.4 million and consists of Initial cash consideration on completion of £1.58 million and A balancing payment in cash shortly after completion, expected to be approximately £0.82 million, which is dependent on the total consolidated net assets of Peak Sensors Holdings Limited at completion. The acquired net assets are expected to include a small cash balance being Peak's ongoing cash working capital. The cash consideration will be funded from the Group's revolving credit facility with HSBC UK Bank. For the year ended 31 March 2023, Peak Sensors achieved revenues of approximately £2.1 million , EBIT of c.£0.33 million and the Group's statutory profit before tax was c.£0.367 million. Ed Frisby, Seamus Fricker, Andrew Burdis, Sunila de Silva from Cavendish Capital Markets Limited acted as financial advisors to SDI Group plc (AIM:SDI).
SDI Group plc (AIM:SDI) completed the acquisition of Peak Sensors (Holding) Limited on November 3, 2023. New Risk • Nov 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.7% net profit margin). Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to UK£1.13, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 18x in the Electronic industry in the United Kingdom. Total returns to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£1.15 per share. Buying Opportunity • Oct 04
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 36%. The fair value is estimated to be UK£1.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to grow by 78% in the next 2 years. Reported Earnings • Sep 04
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: UK£0.038 (down from UK£0.075 in FY 2022). Revenue: UK£67.6m (up 36% from FY 2022). Net income: UK£3.87m (down 49% from FY 2022). Profit margin: 5.7% (down from 15% in FY 2022). Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 47%. Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 19% per year. New Risk • Aug 18
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 37% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.8% net profit margin). お知らせ • Aug 03
SDI Group plc to Report Fiscal Year 2023 Results on Aug 08, 2023 SDI Group plc announced that they will report fiscal year 2023 results on Aug 08, 2023 お知らせ • Jul 29
SDI Group plc, Annual General Meeting, Sep 29, 2023 SDI Group plc, Annual General Meeting, Sep 29, 2023. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to UK£1.51, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 22x in the Electronic industry in the United Kingdom. Total returns to shareholders of 185% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£0.95 per share. New Risk • Jun 09
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended October 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 24% per year for the foreseeable future. Minor Risks Latest financial reports are more than 6 months old (reported October 2022 fiscal period end). Shareholders have been diluted in the past year (3.2% increase in shares outstanding). Valuation Update With 7 Day Price Move • May 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to UK£1.50, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 20x in the Electronic industry in the United Kingdom. Total returns to shareholders of 199% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£0.96 per share. Price Target Changed • May 12
Price target decreased by 27% to UK£2.00 Down from UK£2.75, the current price target is provided by 1 analyst. New target price is 33% above last closing price of UK£1.50. Stock is down 12% over the past year. The company is forecast to post earnings per share of UK£0.07 for next year compared to UK£0.075 last year. Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to UK£1.75, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 23x in the Electronic industry in the United Kingdom. Total returns to shareholders of 111% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£1.47 per share. Reported Earnings • Dec 12
First half 2023 earnings released: EPS: UK£0.042 (vs UK£0.036 in 1H 2022) First half 2023 results: EPS: UK£0.042 (up from UK£0.036 in 1H 2022). Revenue: UK£31.7m (up 29% from 1H 2022). Net income: UK£4.24m (up 19% from 1H 2022). Profit margin: 13% (down from 14% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 6.1% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 26
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: UK£0.071 (up from UK£0.048 in FY 2021). Revenue: UK£49.7m (up 42% from FY 2021). Net income: UK£7.42m (up 58% from FY 2021). Profit margin: 15% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Over the next year, revenue is forecast to grow 12%, compared to a 9.7% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 46% per year whereas the company’s share price has increased by 43% per year. Price Target Changed • May 09
Price target increased to UK£2.65 Up from UK£2.40, the current price target is an average from 2 analysts. New target price is 63% above last closing price of UK£1.63. Stock is down 2.4% over the past year. The company is forecast to post earnings per share of UK£0.059 for next year compared to UK£0.048 last year. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. CFO, Company Secretary & Director Jon Abell was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 19% share price gain to UK£1.74, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 24x in the Electronic industry in the United Kingdom. Total returns to shareholders of 285% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£1.07 per share. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment deteriorated over the past week After last week's 16% share price decline to UK£1.38, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 22x in the Electronic industry in the United Kingdom. Total returns to shareholders of 218% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£1.07 per share. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improved over the past week After last week's 17% share price gain to UK£1.88, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 26x in the Electronic industry in the United Kingdom. Total returns to shareholders of 403% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£1.13 per share. Reported Earnings • Dec 10
First half 2022 earnings: EPS and revenues exceed analyst expectations First half 2022 results: EPS: UK£0.036 (up from UK£0.02 in 1H 2021). Revenue: UK£24.7m (up 75% from 1H 2021). Net income: UK£3.58m (up 81% from 1H 2021). Profit margin: 14% (in line with 1H 2021). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 1.8%. Earnings per share (EPS) surpassed analyst estimates by 1.8%. Over the next year, revenue is expected to shrink by 5.7% compared to a 7.1% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 77% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment improved over the past week After last week's 16% share price gain to UK£1.90, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 30x in the Electronic industry in the United Kingdom. Total returns to shareholders of 352% over the past three years. Reported Earnings • Aug 25
Full year 2021 earnings released: EPS UK£0.048 (vs UK£0.027 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: UK£35.1m (up 43% from FY 2020). Net income: UK£4.71m (up 82% from FY 2020). Profit margin: 13% (up from 11% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jul 21
Full year 2021 earnings released: EPS UK£0.048 (vs UK£0.027 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: UK£35.1m (up 43% from FY 2020). Net income: UK£4.71m (up 82% from FY 2020). Profit margin: 13% (up from 11% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions Derivative • Jun 01
CEO & Director exercised options and sold UK£1.0m worth of stock On the 27th of May, Michael Creedon exercised 650k options at a strike price of around UK£0.20 and sold these shares for an average price of UK£1.82 per share. This trade did not impact their existing holding. For the year to April 2020, Michael's total compensation was 60% salary and 40% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2020, Michael has owned 442.45k shares directly. Company insiders have collectively sold UK£2.0m more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions • May 29
Independent Chairman of the Board recently sold UK£916k worth of stock On the 26th of May, Eric Ford sold around 500k shares on-market at roughly UK£1.83 per share. This was the largest sale by an insider in the last 3 months. This was Eric's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment improved over the past week After last week's 37% share price gain to UK£1.60, the stock is trading at a trailing P/E ratio of 48.1x, up from the previous P/E ratio of 35.2x. This compares to an average P/E of 48x in the Medical Equipment industry in the United Kingdom. Total returns to shareholders over the past three years are 466%. Is New 90 Day High Low • Feb 11
New 90-day high: UK£1.60 The company is up 90% from its price of UK£0.84 on 12 November 2020. The British market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Medical Equipment industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£1.25 per share. Is New 90 Day High Low • Jan 07
New 90-day high: UK£1.26 The company is up 93% from its price of UK£0.65 on 09 October 2020. The British market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Medical Equipment industry, which is up 10.0% over the same period. Reported Earnings • Dec 12
First half 2021 earnings released: EPS UK£0.02 The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: UK£14.1m (up 23% from 1H 2020). Net income: UK£1.98m (up 49% from 1H 2020). Profit margin: 14% (up from 12% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 66% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Dec 11
New 90-day high: UK£1.08 The company is up 61% from its price of UK£0.67 on 11 September 2020. The British market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Medical Equipment industry, which is up 2.0% over the same period. Valuation Update With 7 Day Price Move • Dec 07
Market bids up stock over the past week After last week's 20% share price gain to UK£1.06, the stock is trading at a trailing P/E ratio of 39.6x, up from the previous P/E ratio of 33x. This compares to an average P/E of 45x in the Medical Equipment industry in the United Kingdom. Total returns to shareholders over the past three years are 349%. 