Stock Analysis

Strip Tinning Holdings Reports Full Year 2022 Earnings

AIM:STG
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Strip Tinning Holdings (LON:STG) Full Year 2022 Results

Key Financial Results

  • Revenue: UK£10.2m (down 8.3% from FY 2021).
  • Net loss: UK£4.93m (loss widened by 497% from FY 2021).
earnings-and-revenue-history
AIM:STG Earnings and Revenue History June 9th 2023

All figures shown in the chart above are for the trailing 12 month (TTM) period

Strip Tinning Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Auto Components industry in the United Kingdom.

Performance of the British Auto Components industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before we wrap up, we've discovered 5 warning signs for Strip Tinning Holdings (3 are a bit concerning!) that you should be aware of.

Valuation is complex, but we're helping make it simple.

Find out whether Strip Tinning Holdings is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

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About AIM:STG

Strip Tinning Holdings

Strip Tinning Holdings plc manufactures and supplies flexible electrical connectors for heating and antennae systems embedded within automotive glazing and to the connection of the cells within electric vehicle (EV) battery packs in the United Kingdom, rest of Europe, and internationally.

Mediocre balance sheet and overvalued.