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SRT Marine Systems plc, together with its subsidiaries, develops and supplies automatic identification system (AIS) based maritime domain awareness technologies, products, and systems. It offers Digital AtoN Systems (DAS), a system that enhance port and waterway traffic control and navigation safety; NAIS-National Vessel Tracking System, a vessel identification and tracking system solution; MDM-Coastguard, a maritime domain surveillance system; VMS-Fisheries, a system for monitoring, managing, and controlling fishing vessels; and VTS-Ports and Waterways, a monitoring, managing, and controlling system for maritime infrastructure, ports, and waterways. The company also provides maritime communication and navigation transceivers. It serves mariners, infrastructure owners, coast guards, and fishing authorities in the United Kingdom, the rest of Europe, the Middle East, North America, South East Asia, and internationally. The company was formerly known as Software Radio Technology Plc and changed its name to SRT Marine Systems plc in July 2016. SRT Marine Systems plc was founded in 1987 and is based in Bath, the United Kingdom.
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SRT Marine Systems plc is a UK-listed provider of marine positioning and hydrographic survey systems, supplying instrumentation and supporting software for commercial vessels and surveyors. Long-term growth may be supported by rising offshore wind and subsea construction activity, regulatory-driven surveying requirements and recurring aftermarket/service demand. Investors may find the company attractive for its niche technology exposure to maritime infrastructure and renewables markets.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-06-30 | 2024-06-30 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-06-30 | 2024-06-30 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
| Income before tax | 1.42M | -11.52M | -11.52M | -0.65M | -6.81M |
| Net income | 2.03M | -10.92M | -10.92M | 0.07M | -5.84M |
| Selling general administrative | 17.49M | 11.09M | 11.09M | 10.72M | 8.72M |
| Gross profit | 23.90M | 3.36M | 3.36M | 11.04M | 2.67M |
| Reconciled depreciation | 3.16M | - | - | 2.88M | 2.78M |
| Ebit | 3.30M | -10.38M | -10.38M | -2.75M | -8.97M |
| Ebitda | 6.46M | -10.18M | -10.18M | 0.14M | -6.20M |
| Depreciation and amortization | 3.16M | 0.20M | 0.20M | 2.88M | 2.78M |
| Operating income | 6.41M | -10.55M | -10.55M | 0.14M | -6.20M |
| Other operating expenses | 71.61M | 22.40M | 22.40M | 30.19M | 14.22M |
| Interest expense | 1.88M | - | 1.00M | 0.78M | 0.62M |
| Tax provision | -0.60M | - | - | -0.72M | -0.97M |
| Interest income | 0.34M | - | - | 0.00M | 0.00M |
| Net interest income | -1.54M | - | - | -0.78M | -0.62M |
| Income tax expense | -0.60M | -0.60M | -0.60M | -0.72M | -0.97M |
| Total revenue | 78.02M | 11.85M | 11.85M | 30.51M | 8.17M |
| Total operating expenses | 17.49M | 13.92M | 13.92M | 10.72M | 8.72M |
| Cost of revenue | 54.12M | 8.49M | 8.49M | 19.47M | 5.50M |
| Total other income expense net | -4.99M | -0.97M | -0.97M | -0.78M | -0.62M |
| Net income from continuing ops | 2.03M | - | - | 0.07M | -5.84M |
| Net income applicable to common shares | - | - | - | - | -5.84M |
| Breakdown | 2025-06-30 | 2024-06-30 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-06-30 | 2024-06-30 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
| Total assets | 87.41M | 30.27M | - | 26.41M | 24.71M |
| Intangible assets | 15.28M | 13.54M | - | 11.12M | 8.73M |
| Other current assets | - | 3.04M | - | 5.73M | 5.73M |
| Total liab | 60.55M | 18.21M | - | 16.10M | 14.92M |
| Total stockholder equity | 26.85M | 12.05M | - | 10.31M | 9.79M |
| Deferred long term liab | - | - | - | 11.12M | 8.73M |
| Other current liab | 38.13M | 1.37M | - | 0.20M | 0.19M |
| Common stock | 0.25M | 0.22M | - | 0.18M | 0.18M |
| Capital stock | 0.25M | - | - | 0.18M | 0.18M |
| Retained earnings | -19.10M | -26.84M | - | -13.58M | -13.95M |
| Good will | 0.63M | 0.63M | - | 0.63M | 0.63M |
| Other assets | - | - | - | 11.12M | 8.73M |
| Cash | 9.95M | 2.78M | - | 2.18M | 5.92M |
| Total current liabilities | 54.30M | 14.76M | - | 15.45M | 13.91M |
| Net debt | 7.25M | 11.63M | - | 6.71M | 2.54M |
| Short term debt | 10.95M | 10.95M | - | 8.24M | 7.45M |
| Short long term debt | 10.72M | - | - | 8.00M | 7.25M |
| Short long term debt total | 17.20M | 14.40M | - | 8.89M | 8.46M |
| Other stockholder equity | 42.19M | 33.18M | - | 23.70M | 23.56M |
| Property plant equipment | - | - | - | - | 1.33M |
| Total current assets | 69.33M | 14.96M | - | 13.39M | 14.02M |
| Net tangible assets | - | - | - | 9.67M | 0.42M |
| Net receivables | 55.30M | 1.10M | - | 5.83M | 4.83M |
| Long term debt | 5.88M | - | - | 0.00M | 0.31M |
| Inventory | 4.07M | 8.05M | - | 3.47M | 2.36M |
| Accounts payable | 5.22M | 2.43M | - | 7.01M | 6.46M |
| Accumulated other comprehensive income | 3.51M | 5.49M | - | - | - |
| Non currrent assets other | 0.85M | 13.54M | - | - | 9.37M |
| Non current assets total | 18.08M | 15.30M | - | 13.01M | 10.70M |
| Capital lease obligations | 0.60M | - | - | 0.89M | 0.90M |
| Breakdown | 2025-06-30 | 2024-06-30 | 2023-03-31 | 2022-03-31 | 2021-03-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-06-30 | 2024-06-30 | 2023-03-31 | 2022-03-31 | 2021-03-31 |
| Investments | - | - | -4.99M | -3.51M | -3.11M |
| Change to liabilities | - | - | 0.55M | 4.81M | -7.40M |
| Total cashflows from investing activities | -4.98M | -6.00M | - | -3.51M | -3.11M |
| Net borrowings | 2.93M | - | - | -1.22M | 3.26M |
| Total cash from financing activities | 11.70M | 20.35M | -0.41M | 2.86M | 4.64M |
| Net income | 2.03M | -10.92M | 0.14M | -6.20M | -5.36M |
| Change in cash | 6.22M | 0.60M | -3.70M | 1.54M | 4.37M |
| Begin period cash flow | 3.73M | 3.13M | 6.83M | 5.29M | 0.92M |
| End period cash flow | 9.95M | 3.73M | 3.13M | 6.83M | 5.29M |
| Total cash from operating activities | -0.50M | -13.76M | 1.70M | 2.19M | 2.84M |
| Issuance of capital stock | 9.54M | - | 0.15M | 4.92M | 2.00M |
| Depreciation | 3.16M | 3.07M | 2.88M | 2.78M | 2.77M |
| Other cashflows from investing activities | - | -5.79M | - | 0.00M | 0.00M |
| Change to inventory | 3.98M | -3.67M | -1.11M | 0.01M | -0.44M |
| Change to account receivables | -51.12M | 2.78M | -1.98M | -0.25M | 12.36M |
| Other cashflows from financing activities | -0.26M | -0.32M | 0.69M | -0.10M | 2.64M |
| Change to netincome | - | - | 1.29M | 2.19M | 7.97M |
| Capital expenditures | 0.55M | 0.21M | 4.99M | 3.51M | 3.11M |
| Change in working capital | -8.84M | -0.89M | -2.54M | 4.57M | 4.52M |
| Stock based compensation | 0.29M | 0.31M | 0.30M | 0.25M | 0.23M |
| Other non cash items | 3.16M | -5.33M | 0.93M | 8.03M | 5.20M |
| Free cash flow | -1.05M | -10.29M | -3.29M | -1.32M | -0.27M |
Sector: Technology Industry: Scientific & Technical Instruments
|
Stock Name
|
Change
(GBX) |
Price
(GBX) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| SRT SRT Marine Systems plc |
0.50 0.74% |
68.50 | 87.00 | 8.15 | 2.13 | 7.62 | 2.24 | 32.10 |
| RSW Renishaw PLC |
145.00 2.70% |
5520.00 | 36.80 | 20.41 | 3.70 | 2.87 | 3.25 | 15.89 |
| OXIG Oxford Instruments PLC |
74.00 2.87% |
2648.00 | 95.78 | 21.41 | 2.97 | 3.94 | 2.84 | 27.01 |
| JDG Judges Scientific Plc |
-25.00 0.74% |
3375.00 | 53.21 | 21.01 | 2.01 | 3.38 | 2.26 | 9.70 |
| QTX Quartix Holdings Plc |
- -% |
230.00 | 17.31 | 13.85 | 3.05 | 3.28 | 2.89 | 8.64 |
SRT Marine Systems plc, together with its subsidiaries, develops and supplies automatic identification system (AIS) based maritime domain awareness technologies, products, and systems. It offers Digital AtoN Systems (DAS), a system that enhance port and waterway traffic control and navigation safety; NAIS-National Vessel Tracking System, a vessel identification and tracking system solution; MDM-Coastguard, a maritime domain surveillance system; VMS-Fisheries, a system for monitoring, managing, and controlling fishing vessels; and VTS-Ports and Waterways, a monitoring, managing, and controlling system for maritime infrastructure, ports, and waterways. The company also provides maritime communication and navigation transceivers. It serves mariners, infrastructure owners, coast guards, and fishing authorities in the United Kingdom, the rest of Europe, the Middle East, North America, South East Asia, and internationally. The company was formerly known as Software Radio Technology Plc and changed its name to SRT Marine Systems plc in July 2016. SRT Marine Systems plc was founded in 1987 and is based in Bath, the United Kingdom.
| Name | Title | Year Born |
|---|---|---|
| Mr. Simon Richard Tucker | CEO & Exec. Director | 1971 |
| Mr. Richard Hurd | CFO, Sec. & Exec. Director | NA |
| Mr. Neil Anthony Peniket | COO & Exec. Director | 1974 |
| Mr. Jean-Francois Bonnin | Exec. Director & Product Management Director | 1976 |
| Louise Coates | Marketing Mang. | NA |
| Mr. Simon Richard Tucker | CEO & Executive Director | 1970 |
| Mr. Richard Hurd | CFO, Company Secretary & Executive Director | 1970 |
| Mr. Neil Anthony Peniket | COO & Executive Director | 1973 |
| Mr. Jean-Francois Bonnin | Chief Product Officer & Executive Director | 1976 |
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