Solid State (SOLI)

Sector:

Electronic and Electrical Equipment

Index:

FTSE AIM All-Share

1,383.33p
   
  • Change Today:
      8.33p
  • 52 Week High: 1,440.00
  • 52 Week Low: 1,025.00
  • Currency: UK Pounds
  • Shares Issued: 11.34m
  • Volume: 178
  • Market Cap: £156.91m
  • Beta: 0.00

Dividend Data

  31-Mar-2331-Mar-2231-Mar-2131-Mar-2031-Mar-19
Interim Dividend6.50p6.25p5.25p5.25p4.20p
Final Dividend13.50p13.25p10.75p7.25p2.00p
Total Dividend20.00p19.50p16.00p12.50p12.50p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Continuing Operations          
Revenue 126.50 85.00 66.28 67.42 56.30
Operating Profit/(Loss) 9.41 3.73 4.29 4.12 2.92
Net Interest (0.97) (0.23) (0.09) (0.12) (0.11)
Profit Before Tax 8.44 3.50 4.20 4.00 2.81
Profit After Tax 6.69 2.52 3.95 3.41 2.66
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 6.69 2.52 3.95 3.41 2.66
Attributable to:          
Equity Holders of Parent Company 6.69 2.52 3.95 3.41 2.66
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 64.50p 29.50p 46.24p 39.96p 31.19p
Earnings per Share - Diluted 63.10p 28.90p 45.55p 39.37p 30.60p
Earnings per Share - Adjusted 82.50p 72.00p 55.31p 46.84p 36.48p
Continuing and Discontinued EPS          
Earnings per Share - Basic 64.50p 29.50p 46.24p 39.96p 31.19p
Earnings per Share - Diluted 63.10p 28.90p 45.55p 39.37p 30.60p
Earnings per Share - Adjusted 82.50p 72.00p 55.31p 46.84p 36.48p
           
Dividend per Share 20.00p 19.43p 15.95p 12.46p 12.46p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Assets          
Non-Current Assets          
Property, Plant & Equipment 6.70 5.40 5.46 3.34 2.42
Intangible Assets 41.56 15.83 16.56 8.21 8.89
Investment Properties n/a n/a n/a n/a n/a
Investments n/a n/a n/a n/a n/a
Other Financial Assets n/a n/a n/a n/a n/a
Other Non-Current Assets 0.38 0.54 n/a n/a n/a
  48.64 21.77 22.01 11.55 11.32
Current Assets          
Inventories 33.23 17.60 10.63 9.66 9.65
Trade & Other Receivables 19.70 17.98 14.22 13.86 13.39
Cash at Bank & in Hand 12.22 4.98 6.91 3.52 3.69
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets n/a n/a 0.19 0.09 0.10
  65.15 40.56 31.95 27.12 26.83
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 113.79 62.33 53.97 38.68 38.15
           
Liabilities          
Current Liabilities          
Borrowings 2.34 2.82 0.74 0.80 1.33
Other Current Liabilities 36.23 25.10 14.99 13.86 11.76
  38.56 27.92 15.73 14.66 13.09
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 14.37 2.83 5.55 0.68 4.33
Provisions 2.90 2.53 2.23 0.81 0.83
Other Non-Current Liabilities n/a 1.98 4.95 n/a n/a
  17.27 7.33 12.73 1.49 5.16
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 55.83 35.25 28.47 16.15 18.25
           
Net Assets 57.95 27.08 25.50 22.53 19.90
           
Capital & Reserves          
Share Capital 0.57 0.43 0.43 0.43 0.43
Share Premium Account 30.47 3.62 3.62 3.63 3.63
Other Reserves (0.94) (0.02) (0.06) (0.04) (0.17)
Retained Earnings 27.81 23.04 21.51 18.52 16.02
Shareholders Funds 57.91 27.08 25.50 22.53 19.90
           
Minority Interests/Other Equity 0.05 n/a n/a n/a n/a
Total Equity 57.95 27.08 25.50 22.53 19.90
Cash Flow 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Net Cash Flow From Operating Activities 9.05 5.05 6.50 7.66 4.67
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (35.48) (4.27) (4.70) (0.76) (4.60)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities 35.74 (4.78) 1.64 (7.08) 3.05
Net Increase/Decrease In Cash 9.31 (4.01) 3.44 (0.18) 3.12
Ratios - based on IFRS 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Continuing Operations          
PE Ratio - Adjusted 13.1 16.3 15.0 8.2 10.4
PEG - Adjusted 0.9 0.5 0.8 0.3 0.7
Earnings per Share Growth - Adjusted 15% 30% 18% 28% 16%
Dividend Cover 4.12 3.70 3.47 3.76 2.93
Revenue per Share 1,115.28p 749.35p 5.90p 594.39p 496.36p
Pre-Tax Profit per Share 74.37p 30.86p 0.37p 35.27p 24.77p
Operating Margin 7.44% 4.38% 6.47% 6.11% 5.19%
Return on Capital Employed 26.13% 19.19% 0.25% 24.81% 16.68%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 13.1 16.3 1,481.6 8.2 10.4
PEG - Adjusted 0.9 0.0 n/a 0.3 0.7
Earnings per Share Growth - Adjusted 15% 12,796% -99% 28% 16%
Dividend Cover 4.12 3.70 0.04 3.76 2.93
           
Dividend Yield 1.9% 1.7% 1.9% 3.3% 3.3%
Dividend per Share Growth 2.91% 21.87% 28.00% n/a 4.17%
Operating Cash Flow per Share 79.77p 44.48p 57.29p 67.51p 41.21p
Cash Incr/Decr per Share 82.11p (35.32p) 0.31p (1.59p) 27.51p
Net Asset Value per Share (exc. Intangibles) 144.51p 99.14p 78.86p 126.21p 97.08p
Net Gearing 7.74% 2.44% -2.44% -9.04% 9.92%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 3: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 4: Forecast figures based on normalised accounts.

 

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