Hardide plc

Hardide plc

HDD.L
Hardide plcGB flagLondon Stock Exchange
69.00
GBp
+3.00
- -
54.38MMarket Cap
Hardide plc
HDD.L
(London Stock Exchange)

Recent

price

69.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
FRC
0.08
0.09
0.12
89.02
75.28
103.55
63.89
118.28
0.21
0.1
0.09
0.07
0.09
0.09
0.07
0.08
Revenue per Share
-0.02
-0.02
0.01
-32
4
-4
-40
-40
-0.04
-0.02
-0.02
-0.05
-0.04
-0.02
-0.02
- -
Basic EPS, GAAP
-0.01
-0.01
0.02
-15.47
-1.17
-38.79
-57.09
-26.93
-0.02
-0.04
-0.09
-0.04
-0.02
- -
-0.01
0.01
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-0.21
-0.23
-0.18
-192.75
-110.96
-158
-170.68
-248.83
-0.35
-0.2
-0.21
-0.26
-0.28
-0.29
-0.25
-0.22
Book Value per Share
0.02
- -
0.04
20.6
96.45
130.59
128.47
117.55
0.23
0.15
0.17
0.13
0.1
0.07
0.05
0.05
Tangible Book Value per Share
21
21
24
- -
- -
- -
- -
- -
22
49
52
54
56
59
71
79
Basic Weighted Avg Shares
2
2
3
2
3
3
2
3
5
5
5
4
5
5
5
6
Sales/Revenue/Turnover
-15.85
-17.46
14.2
-14.2
0.03
-16.18
-80.39
-38.2
-19.9
-23.79
-26.58
-78.57
-42.85
-17.49
-16.72
4.31
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
1
- -
- -
1
1
1
1
1
1
Depreciation Expense
- -
- -
- -
-1
- -
- -
-1
-1
-1
-1
-1
-3
-2
-1
-1
- -
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-27.32
-19.57
10.53
-35.95
5.31
-3.86
-62.61
-33.82
-18.75
-22.49
-27.14
-77.9
-43.63
-20.33
-27.91
2.95
Profit Margin (%)
1
- -
1
1
4
3
2
2
3
5
3
2
1
1
1
1
Working Capital
1
1
1
- -
- -
- -
- -
- -
- -
- -
2
3
3
3
2
2
LT Debt
- -
- -
1
1
4
4
4
3
5
8
9
7
6
4
4
4
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.64%
-14.58%
6.01%
Free Cash Flow
-108.94%
-304.82%
-208%
Net Income, GAAP
101.25%
-9.84%
-113.48%
Sales/Revenue/Turnover
10.68%
7.64%
27.48%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
5
2025
- -
- -
- -
- -
6
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
-0.02
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Hardide plc develops and provides advanced tungsten carbide and tungsten metal matrix composite coatings via patented chemical vapour deposition processes that enhance the lifespan of critical metal components in abrasive, erosive, corrosive and chemically aggressive environments. The company manufactures nanostructured, homogeneous and binder-free coatings including Hardide-T, Hardide-W and Hardide-D variants; these coatings apply to diverse metallic substrates such as stainless steels encompassing austenitic, ferritic, martensitic, precipitation-hardening, duplex and super duplex types; superalloys; tool and carbon steels; and nickel, copper and cobalt-based alloys; serving as recognized replacements for hard chrome, cadmium plating, ceramics and HVOF tungsten carbides. Hardide targets industries including aerospace, energy, flow control, precision engineering and oil and gas; with customers encompassing major players such as Airbus, Lockheed Martin, Leonardo Helicopters, GE and Tier 1 suppliers. The company operates manufacturing facilities in Bicester, Oxfordshire, UK, which doubled in size following a 2020 relocation, and Martinsville, Virginia, USA; founded in 2000 by UK venture capitalists commercializing a CVD coating patent and listed on the London Stock Exchange's AIM (HDD) since 2005; Hardide Coatings Ltd (England and Wales company number 04055277) functions as its principal operating subsidiary alongside Hardide Coatings Inc. Recent developments encompass FY24 (year ended 30 September 2024) revenue of GBP4.7m reflecting a H2 gross margin of 54% and adjusted EBITDA positivity of GBP0.5m; a major GBP1.8m order from a new US energy customer in December 2025 supporting demand through late 2026 and potential 2027 volume increases; Q1 FY25 (October-December 2024) revenues of GBP1.3m with cash balance rising to GBP1.0m; ongoing aerospace production qualifications including finalized specifications for Tier 1 energy systems suppliers and customer-funded testing for global oil and gas OEMs targeting FY25-FY26 volumes; alongside a 30% reduction in cash break-even sales threshold to just over GBP5m annually through cost efficiencies and pricing enhancements.