Solid State plc

AIM:SOLI Stock Report

Market Cap: UK£116.3m

Solid State Past Earnings Performance

Past criteria checks 1/6

Solid State has been growing earnings at an average annual rate of 2%, while the Electronic industry saw earnings growing at 5.8% annually. Revenues have been growing at an average rate of 17% per year. Solid State's return on equity is 3.9%, and it has net margins of 1.6%.

Key information

2.02%

Earnings growth rate

-4.66%

EPS growth rate

Electronic Industry Growth5.51%
Revenue growth rate16.99%
Return on equity3.89%
Net Margin1.63%
Last Earnings Update30 Sep 2025

Recent past performance updates

Recent updates

Analysis Article Jan 21

Solid State (LON:SOLI) Has Announced A Dividend Of £0.0092

Solid State plc's ( LON:SOLI ) investors are due to receive a payment of £0.0092 per share on 13th of February. This...
Analysis Article Jul 11

Solid State's (LON:SOLI) Dividend Will Be £0.0167

Solid State plc ( LON:SOLI ) has announced that it will pay a dividend of £0.0167 per share on the 30th of September...
Analysis Article Apr 23

Solid State plc (LON:SOLI) Shares Could Be 27% Above Their Intrinsic Value Estimate

Key Insights Using the 2 Stage Free Cash Flow to Equity, Solid State fair value estimate is UK£1.41 Solid State's...
Analysis Article Mar 26

Is Solid State (LON:SOLI) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Mar 06

Solid State plc's (LON:SOLI) Shares Climb 26% But Its Business Is Yet to Catch Up

Solid State plc ( LON:SOLI ) shareholders have had their patience rewarded with a 26% share price jump in the last...
Analysis Article Feb 01

Should You Investigate Solid State plc (LON:SOLI) At UK£1.33?

Solid State plc ( LON:SOLI ), might not be a large cap stock, but it saw a decent share price growth of 13% on the AIM...
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New Narrative Jan 19

Future Investments In Production And US Expansion May Face Challenges From Expected Revenue Declines

Strategic investments in production and product development across key business units and acquisitions aim to boost revenue, margins, and earnings through enriched offerings.
Analysis Article Jan 08

Subdued Growth No Barrier To Solid State plc (LON:SOLI) With Shares Advancing 30%

Those holding Solid State plc ( LON:SOLI ) shares would be relieved that the share price has rebounded 30% in the last...
Analysis Article Jan 07

Is There An Opportunity With Solid State plc's (LON:SOLI) 31% Undervaluation?

Key Insights The projected fair value for Solid State is UK£2.13 based on 2 Stage Free Cash Flow to Equity Current...
Analysis Article Nov 16

Market Cool On Solid State plc's (LON:SOLI) Earnings Pushing Shares 46% Lower

Solid State plc ( LON:SOLI ) shareholders that were waiting for something to happen have been dealt a blow with a 46...
Analysis Article Aug 09

Solid State (LON:SOLI) Is Increasing Its Dividend To £0.145

Solid State plc ( LON:SOLI ) has announced that it will be increasing its dividend from last year's comparable payment...
Analysis Article Jul 15

The Strong Earnings Posted By Solid State (LON:SOLI) Are A Good Indication Of The Strength Of The Business

The subdued stock price reaction suggests that Solid State plc's ( LON:SOLI ) strong earnings didn't offer any...
Analysis Article Jul 11

Solid State's (LON:SOLI) Upcoming Dividend Will Be Larger Than Last Year's

Solid State plc's ( LON:SOLI ) dividend will be increasing from last year's payment of the same period to £0.145 on...
Analysis Article Dec 11

Solid State's (LON:SOLI) Dividend Will Be £0.07

Solid State plc's ( LON:SOLI ) investors are due to receive a payment of £0.07 per share on 16th of February. This...
Analysis Article Oct 12

Here's Why We Think Solid State (LON:SOLI) Might Deserve Your Attention Today

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Sep 23

We Think Solid State (LON:SOLI) Can Manage Its Debt With Ease

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Aug 30

Solid State's (LON:SOLI) Upcoming Dividend Will Be Larger Than Last Year's

The board of Solid State plc ( LON:SOLI ) has announced that it will be increasing its dividend by 1.9% on the 29th of...
Analysis Article Aug 16

Solid State's (LON:SOLI) Dividend Will Be Increased To £0.135

Solid State plc ( LON:SOLI ) has announced that it will be increasing its periodic dividend on the 29th of September to...
Analysis Article Jul 07

Solid State (LON:SOLI) Is Increasing Its Dividend To £0.135

Solid State plc's ( LON:SOLI ) periodic dividend will be increasing on the 29th of September to £0.135, with investors...
Analysis Article Jan 09

Solid State's (LON:SOLI) Shareholders Will Receive A Bigger Dividend Than Last Year

Solid State plc's ( LON:SOLI ) periodic dividend will be increasing on the 17th of February to £0.065, with investors...
Analysis Article Dec 23

Solid State (LON:SOLI) Is Increasing Its Dividend To £0.065

The board of Solid State plc ( LON:SOLI ) has announced that the dividend on 17th of February will be increased to...
Analysis Article Dec 09

Solid State (LON:SOLI) Is Paying Out A Larger Dividend Than Last Year

Solid State plc ( LON:SOLI ) has announced that it will be increasing its periodic dividend on the 17th of February to...
Analysis Article Oct 27

Calculating The Intrinsic Value Of Solid State plc (LON:SOLI)

Does the October share price for Solid State plc ( LON:SOLI ) reflect what it's really worth? Today, we will estimate...

Revenue & Expenses Breakdown

How Solid State makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

AIM:SOLI Revenue, expenses and earnings (GBP Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 251492350
30 Jun 251371320
31 Mar 251251300
31 Dec 241313300
30 Sep 241375300
30 Jun 241507320
31 Mar 241639330
31 Dec 231598330
30 Sep 231558320
30 Jun 231417290
31 Mar 231277260
31 Dec 221165240
30 Sep 221054220
30 Jun 22953210
31 Mar 22853190
31 Dec 21793180
30 Sep 21734170
30 Jun 21694150
31 Mar 21664140
31 Dec 20674140
30 Sep 20673140
30 Jun 20673140
31 Mar 20673150
31 Dec 19674140
30 Sep 19664140
30 Jun 19613130
31 Mar 19563120
31 Dec 18522110
30 Sep 18472100
30 Jun 18472100
31 Mar 1846290
30 Sep 1742290
30 Jun 1741290
31 Mar 1740280
30 Sep 1635280
30 Jun 1636280
31 Mar 1637280
31 Dec 1543490
30 Sep 1541390
30 Jun 1539380

Quality Earnings: SOLI has a large one-off loss of £2.8M impacting its last 12 months of financial results to 30th September, 2025.

Growing Profit Margin: SOLI's current net profit margins (1.6%) are lower than last year (3.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SOLI's earnings have grown by 2% 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 (-54.7%) over the past year, making it difficult to compare to the Electronic industry average (9.2%).


Return on Equity

High ROE: SOLI's Return on Equity (3.9%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/01 15:23
End of Day Share Price 2026/05/29 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

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 Github.

Analyst Sources

Solid State plc is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tom CastleBerenberg
David BuxtonCavendish
Natalya DaviesEdison Investment Research