Solid State Past Earnings Performance
Past criteria checks 1/6
Solid State has been growing earnings at an average annual rate of 20.3%, while the Electronic industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 21.8% per year. Solid State's return on equity is 8.6%, and it has net margins of 3.9%.
Key information
20.3%
Earnings growth rate
12.3%
EPS growth rate
| Electronic Industry Growth | 5.5% |
| Revenue growth rate | 21.8% |
| Return on equity | 8.6% |
| Net Margin | 3.9% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Market Cool On Solid State plc's (LON:SOLI) Earnings Pushing Shares 46% Lower
Nov 16
Solid State (LON:SOLI) Is Increasing Its Dividend To £0.145
Aug 09The Strong Earnings Posted By Solid State (LON:SOLI) Are A Good Indication Of The Strength Of The Business
Jul 15Solid State's (LON:SOLI) Upcoming Dividend Will Be Larger Than Last Year's
Jul 11Solid State's (LON:SOLI) Dividend Will Be £0.07
Dec 11Here's Why We Think Solid State (LON:SOLI) Might Deserve Your Attention Today
Oct 12We Think Solid State (LON:SOLI) Can Manage Its Debt With Ease
Sep 23Solid State's (LON:SOLI) Upcoming Dividend Will Be Larger Than Last Year's
Aug 30Solid State's (LON:SOLI) Dividend Will Be Increased To £0.135
Aug 16Solid State (LON:SOLI) Is Increasing Its Dividend To £0.135
Jul 07Solid State's (LON:SOLI) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 09Solid State (LON:SOLI) Is Increasing Its Dividend To £0.065
Dec 23Solid State (LON:SOLI) Is Paying Out A Larger Dividend Than Last Year
Dec 09Calculating The Intrinsic Value Of Solid State plc (LON:SOLI)
Oct 27Solid State (LON:SOLI) Has Announced That It Will Be Increasing Its Dividend To £0.1325
Aug 13Solid State's (LON:SOLI) Upcoming Dividend Will Be Larger Than Last Year's
Jul 30Estimating The Intrinsic Value Of Solid State plc (LON:SOLI)
Jul 20Is Now The Time To Look At Buying Solid State plc (LON:SOLI)?
Apr 28Solid State (LON:SOLI) Might Be Having Difficulty Using Its Capital Effectively
Mar 23Is Now The Time To Put Solid State (LON:SOLI) On Your Watchlist?
Jan 11Solid State (LON:SOLI) Is Paying Out A Larger Dividend Than Last Year
Dec 23Here's Why Solid State (LON:SOLI) Can Manage Its Debt Responsibly
Dec 23Solid State (LON:SOLI) Is Increasing Its Dividend To UK£0.063
Dec 09Capital Allocation Trends At Solid State (LON:SOLI) Aren't Ideal
Dec 08At UK£11.10, Is It Time To Put Solid State plc (LON:SOLI) On Your Watch List?
Sep 29Capital Allocation Trends At Solid State (LON:SOLI) Aren't Ideal
Aug 10Solid State (LON:SOLI) Is Increasing Its Dividend To UK£0.11
Jul 16At UK£8.80, Is Solid State plc (LON:SOLI) Worth Looking At Closely?
Jun 03Revenue & Expenses Breakdown
How Solid State makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 137 | 5 | 27 | 0 |
| 30 Jun 24 | 150 | 7 | 29 | 0 |
| 31 Mar 24 | 163 | 9 | 30 | 0 |
| 31 Dec 23 | 159 | 8 | 31 | 0 |
| 30 Sep 23 | 155 | 8 | 32 | 0 |
| 30 Jun 23 | 141 | 7 | 29 | 0 |
| 31 Mar 23 | 127 | 7 | 26 | 0 |
| 31 Dec 22 | 116 | 5 | 24 | 0 |
| 30 Sep 22 | 105 | 4 | 22 | 0 |
| 30 Jun 22 | 95 | 3 | 21 | 0 |
| 31 Mar 22 | 85 | 3 | 19 | 0 |
| 31 Dec 21 | 79 | 3 | 18 | 0 |
| 30 Sep 21 | 73 | 4 | 17 | 0 |
| 30 Jun 21 | 69 | 4 | 15 | 0 |
| 31 Mar 21 | 66 | 4 | 14 | 0 |
| 31 Dec 20 | 67 | 4 | 14 | 0 |
| 30 Sep 20 | 67 | 3 | 14 | 0 |
| 30 Jun 20 | 67 | 3 | 14 | 0 |
| 31 Mar 20 | 67 | 3 | 15 | 0 |
| 31 Dec 19 | 67 | 4 | 14 | 0 |
| 30 Sep 19 | 66 | 4 | 14 | 0 |
| 30 Jun 19 | 61 | 3 | 13 | 0 |
| 31 Mar 19 | 56 | 3 | 12 | 0 |
| 31 Dec 18 | 52 | 2 | 11 | 0 |
| 30 Sep 18 | 47 | 2 | 10 | 0 |
| 30 Jun 18 | 47 | 2 | 10 | 0 |
| 31 Mar 18 | 46 | 2 | 9 | 0 |
| 30 Sep 17 | 42 | 2 | 9 | 0 |
| 30 Jun 17 | 41 | 2 | 9 | 0 |
| 31 Mar 17 | 40 | 2 | 8 | 0 |
| 30 Sep 16 | 35 | 2 | 8 | 0 |
| 30 Jun 16 | 36 | 2 | 8 | 0 |
| 31 Mar 16 | 37 | 2 | 8 | 0 |
| 31 Dec 15 | 43 | 4 | 9 | 0 |
| 30 Sep 15 | 41 | 3 | 9 | 0 |
| 30 Jun 15 | 39 | 3 | 8 | 0 |
| 31 Mar 15 | 37 | 3 | 8 | 0 |
| 31 Dec 14 | 37 | 3 | 8 | 0 |
| 30 Sep 14 | 37 | 3 | 8 | 0 |
| 30 Jun 14 | 35 | 2 | 8 | 0 |
| 31 Mar 14 | 32 | 2 | 7 | 0 |
| 31 Dec 13 | 30 | 2 | 7 | 0 |
Quality Earnings: SOLI has a large one-off loss of £2.8M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: SOLI's current net profit margins (3.9%) are lower than last year (5.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SOLI's earnings have grown significantly by 20.3% per year over the past 5 years.
Accelerating Growth: SOLI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SOLI had negative earnings growth (-31.9%) over the past year, making it difficult to compare to the Electronic industry average (2%).
Return on Equity
High ROE: SOLI's Return on Equity (8.6%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 11:49 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Solid State plc is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Buxton | Cavendish |
| Natalya Davies | Edison Investment Research |
| John Stephen Cummins | Zeus Capital Limited |