Announcement • Jul 09
Spectra Systems Corporation, Annual General Meeting, Jul 31, 2026 Spectra Systems Corporation, Annual General Meeting, Jul 31, 2026. Location: the textron tower located, 40 westminster street, 18th floor, conference room c, providence, rhode island, United States Announcement • Mar 30
Spectra Systems Corporation Intends to Pay an Annual Dividend, Payable on July 17, 2026 Spectra Systems Corporation intends to pay an annual dividend of $0.136 per share on July 17, 2026 to shareholders of record as of July 3, 2026 (ex-dividend date is July 2, 2026). Announcement • Oct 17
Spectra Systems Corporation Appoints Rafael Marcinek as Finance Director Spectra Systems Corporation, announced that it has agreed to appoint, in a non board role, a new Finance Director, Rafael Marcinek (age 42), following Kevin Richards requiring an extensive medical leave. Rafael Marcinek, CPA, brings over 15 years of experience in accounting, audit, and financial leadership across both public and private sectors. Rafael began his career in public accounting, managing large-scale assurance engagements for billion-dollar organizations. During his career, Rafael has developed a deep expertise in financial reporting, regulatory compliance, and internal controls. He subsequently held senior finance leadership roles, where he directed budgeting, forecasting, and operational improvement initiatives that strengthened financial performance and organizational efficiency. Announcement • Sep 09
Spectra Systems Corporation to Report First Half, 2025 Results on Sep 29, 2025 Spectra Systems Corporation announced that they will report first half, 2025 results on Sep 29, 2025 Announcement • Jun 11
Spectra Systems Corporation, Annual General Meeting, Jun 24, 2025 Spectra Systems Corporation, Annual General Meeting, Jun 24, 2025. Location: the textron tower located, 40 westminster street, floor 18, conference room c, providence, rhode island, United States Announcement • Mar 31
Spectra Systems Corporation Declares Annual Dividend for the Twelve Month Ended 31 December 2024, Payable on June 27, 2025 The Board of Spectra Systems Corporation are declaring an annual dividend of $0.116 per share (2023: US 0.116) for the twelve months ended 31 December 2024. The Board therefore intends to pay an annual dividend of $0.116 per share on June 27, 2025 to shareholders of record as of June 13, 2025. Announcement • Sep 16
Spectra Systems Corporation to Report First Half, 2024 Results on Sep 30, 2024 Spectra Systems Corporation announced that they will report first half, 2024 results on Sep 30, 2024 Announcement • Mar 29
Spectra Systems Corporation Declares Annual Dividend, Payable on June 23, 2024 The Board of Spectra Systems Corporation declaring an annual dividend of USD 0.116 per share (2023: USD 0.115) to be paid on or about June 23, 2024 to shareholders of record as of June 5, 2024. Announcement • Mar 14
Spectra Systems Corporation to Report Fiscal Year 2023 Results on Mar 27, 2024 Spectra Systems Corporation announced that they will report fiscal year 2023 results on Mar 27, 2024 Announcement • Dec 22
Spectra Systems Corporation (AIM:SPSY) acquired Cartor Holdings Ltd. Spectra Systems Corporation (AIM:SPSY) entered into a conditional agreement to acquire Cartor Holdings Ltd for £10.5 million on December 4, 2023. Consideration comprises of £5.5 million satisfied in cash, £3 million will be paid thorough issue of new shares of common stock of Spectra and £2 million will be payable no later than 18 months after completion through issue of shares. In addition, Spectra will assume up to £4.5 million of Cartor current external debt. The transaction is conditional on satisfaction of customary conditions including obtaining consents from certain customers of Cartor. In its year ended 30 September 2023, based on unaudited management accounts, Cartor generated an EBITDA of £2.52 million, turnover of £16.18 million and net assets of £4.9 million. The transaction is expected to complete during December 2023. Chris Fielding and James Bavister of WH Ireland Limited acted as financial advisor to Spectra Systems Corporation.
Spectra Systems Corporation (AIM:SPSY) acquired Cartor Holdings Ltd on December 21, 2023. Announcement • Dec 05
Spectra Systems Corporation (AIM:SPSY) entered into a conditional agreement to acquire Cartor Holdings Ltd for £10.5 million. Spectra Systems Corporation (AIM:SPSY) entered into a conditional agreement to acquire Cartor Holdings Ltd for £10.5 million on December 4, 2023. Consideration comprises of £5.5 million satisfied in cash, £3 million will be paid thorough issue of new shares of common stock of Spectra and £2 million will be payable no later than 18 months after completion through issue of shares. In addition, Spectra will assume up to £4.5 million of Cartor current external debt. The transaction is conditional on satisfaction of customary conditions including obtaining consents from certain customers of Cartor. In its year ended 30 September 2023, based on unaudited management accounts, Cartor generated an EBITDA of £2.52 million, turnover of £16.18 million and net assets of £4.9 million. The transaction is expected to complete during December 2023. Chris Fielding and James Bavister of WH Ireland Limited acted as financial advisor to Spectra Systems Corporation. Announcement • Jun 27
Spectra Systems Corporation, Annual General Meeting, Jun 26, 2023 Spectra Systems Corporation, Annual General Meeting, Jun 26, 2023. Announcement • May 31
Spectra Systems Corporation Announces the Appointment of Edward Spies as Chief Financial Officer Spectra Systems Corporation announce that it has agreed to appoint Edward Spies (age 56) as Chief Financial Officer, upon the completion of due diligence by its nominated adviser. Edward Spies is an experienced accounting and finance professional with over 25 years of expertise in financial planning and analysis, mergers and acquisitions, and business process improvement. He brings decades of experience in the technology industry, having started his career at PricewaterhouseCoopers, and worked in various finance leadership roles since then. Recently, he served as CFO of Mearthane Products Corporation, a polymer component manufacturer. Prior to that, he held positions as a Corporate Controller and VP of Finance at several VC and PE backed portfolio companies. He also helped build the CFO services practice for CFGI, and embarked on a successful consulting career providing accounting and finance support for start-up and publicly traded companies. Mr. Spies has considerable expertise in manufacturing, cost and profit margin analysis, and financial management. He earned his CPA earlier in his career and holds a bachelor's degree from Clarkson University and an MBA/MS in Accounting from Northeastern University. Announcement • Sep 12
Spectra Systems Corporation Appoints Barbara Paldus as Independent Non-Executive Director Spectra Systems Corporation announced that it has agreed to appoint Dr. Barbara Paldus (aged 52) as an Independent Non-Executive Director. Barbara has over 20 years of industry expertise in developing emerging domestic and international marketplaces, including bio-processing, personalized medicine, cell therapy, biotech beauty, and analytical process equipment. She founded two companies whose combined revenue exceeded $250M in 2021. She also has a doctorate in electrical and electronics engineering from Stanford University. Barbara is currently the CEO and Founder of Codex Labs, a Global collection of biotech-based skincare solutions based on disruptive plant-based biotech ingredients, cGMP manufacturing, industry-leading carbon-footprint minimizing packaging, and data-driven clinical testing. Announcement • May 21
Spectra Systems Corporation Announces Resignation of Brian Mclain as Chief Financial Officer Spectra Systems Corporation, announced that Brian McLain, Chief Financial Officer and Company Treasurer, has tendered his notice to resign from the Company on 3 June 2022. Mr. McLain is departing to pursue other business opportunities. Announcement • Feb 25
Spectra Systems Corporation Introduces Covert Polymer Substrate Spectra Systems Corporation Introduces the First Machine-Readable Covert Polymer Substrate at the Banknote Conference. Spectra Systems Corporation, a leader in machine-readable high speed banknote authentication, brand protection technologies and gaming security software, is introducing its FusionTM machine-readable, covert polymer substrate at the Banknote Conference in Washington DC this week. Dr. Nabil Lawandy gave a presentation on this new breakthrough in security for polymer banknotes which was well attended and well received. In addition, several strategic partners and central banks were invited to the company's suite where there were demonstrations of the product and samples available for inspection. Reported Earnings • Sep 08
First half 2021 earnings released: EPS US$0.065 (vs US$0.041 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: US$8.02m (up 23% from 1H 2020). Net income: US$2.95m (up 56% from 1H 2020). Profit margin: 37% (up from 29% 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 16% per year whereas the company’s share price has increased by 17% per year. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment deteriorated over the past week After last week's 15% share price decline to US$1.65, the stock trades at a trailing P/E ratio of 20.3x. Average forward P/E is 32x in the Electronic industry in the United Kingdom. Total returns to shareholders of 108% over the past three years. Upcoming Dividend • May 27
Upcoming dividend of US$0.095 per share Eligible shareholders must have bought the stock before 03 June 2021. Payment date: 25 June 2021. Trailing yield: 3.4%. Lower than top quartile of British dividend payers (4.1%). Higher than average of industry peers (1.0%). Reported Earnings • Mar 22
Full year 2020 earnings released: EPS US$0.11 (vs US$0.095 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$14.7m (up 11% from FY 2019). Net income: US$5.12m (up 18% from FY 2019). Profit margin: 35% (up from 33% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 10
Spectra Systems Corporation Appoints Jeremy Edward Fry as Non-Executive Director Spectra Systems Corporation, announced that it has appointed Jeremy Edward Fry (aged 56) to the Board as a Non-Executive director with immediate effect. Following a successful executive international career with large scale enterprises, Jeremy, who is based in the UK, established his own consultancy business in 2005. He is experienced in finance and operations and in particular intellectual property. Since forming the consultancy business Jeremy has worked across a broad spectrum of businesses clients advising start-ups to public listed enterprises. Announcement • Feb 02
Spectra Systems Corporation Wins Second Phase of Contract for Sensor Development Spectra Systems Corporation announced that it has executed an agreement with its central bank customer concerning the second phase of the sensor development originally announced on 21 October 2020. This $5.6 million revenue second phase follows the $1.9 million first phase development. Announcement • Dec 15
Spectra Systems Corporation Announces Two Lottery Renewals Spectra Systems Corporation announce that it has successfully renewed contracts with two USA state lottery customers, for nine and ten-year contracts, respectively. The aggregate value of the contracts is estimated at $1MM over the full term with additional potential from software work plans of up to $0.25MM. Announcement • Nov 18
Spectra Systems Corporation Announces Issuance of TruBrand Patents in China Spectra Systems Corporation announced that it has significantly strengthened its patent position through the issuance of a patent for its TruBrandTM technology in China. This technology is the only materials-based smartphone authentication technology of its kind and is being aggressively promoted for use with tobacco products in China, having achieved early stage annual sales volumes of 12,000,000 packs for the calendar year of 2020. The patent protection will be for twenty years from the filing date of July, 2016. Is New 90 Day High Low • Oct 21
New 90-day high: UK£1.80 The company is up 38% from its price of UK£1.30 on 23 July 2020. The British market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 11% over the same period. Is New 90 Day High Low • Oct 05
New 90-day high: UK£1.70 The company is up 31% from its price of UK£1.30 on 07 July 2020. The British market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 7.0% over the same period.