Spectra Systems Corporation

Spectra Systems Corporation

220.00
GBX
+50.00
(+29.41%)
9.90BMarket Cap
Mar 22Next Earn
Spectra Systems Corporation
LSE:SPSC
(London Stock Exchange)

Recent

price

220.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
USD
0.39
0.21
0.21
0.26
0.37
0.31
0.25
0.27
0.27
0.29
0.32
0.37
0.43
0.45
1.02
1.33
- -
Revenue per Share
0.02
- -
-0.04
-0.07
0.02
- -
0.03
0.07
0.09
0.09
0.11
0.11
0.14
0.13
0.18
0.42
- -
Basic EPS, GAAP
- -
0.02
-0.14
-0.03
-0.06
-0.03
0.05
0.09
0.09
0.11
0.1
0.17
0.15
0.16
0.18
0.2
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
0.05
0.06
0.07
0.09
0.09
0.11
0.11
0.12
0.12
- -
Dividend per Share
-1.16
1.01
0.53
0.46
0.49
0.49
0.51
0.54
0.57
0.59
0.6
0.6
0.62
0.69
0.74
1.05
1.05
Book Value per Share
-1.16
1
0.46
0.4
0.4
0.38
0.35
0.38
0.42
0.45
0.44
0.44
0.46
0.39
0.46
0.78
0.78
Tangible Book Value per Share
19
35
45
45
45
45
45
45
45
46
46
45
45
45
48
48
48
Basic Weighted Avg Shares
7
7
9
12
17
14
11
12
12
13
15
17
20
20
49
64
- -
Sales/Revenue/Turnover
4.93
-3.62
-12.82
-11.79
7.27
-0.13
9.82
24.9
31.13
32.86
36.31
35.62
35.63
35.25
23.34
37.8
- -
Operating Margin (%)
- -
- -
- -
- -
1
1
1
1
1
1
1
1
1
1
3
3
- -
Depreciation Expense
- -
- -
-2
-3
1
- -
1
3
4
4
5
5
6
6
9
20
- -
Net Income, GAAP
- -
- -
- -
- -
19.76
- -
- -
- -
- -
4.41
5.6
14.77
12.87
19.18
24.79
25.24
- -
Effective Tax Rate (%)
5.01
-1.88
-17.86
-25.94
6.17
0.25
10.24
26.95
32.46
32.76
34.92
31.12
31.32
29.81
17.32
31.2
- -
Profit Margin (%)
2
22
17
14
12
13
11
14
15
17
17
18
18
13
14
27
27
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
1
1
1
9
8
6
6
LT Debt
5
25
24
21
22
22
23
24
26
27
28
28
28
32
36
51
51
Total Equity
8.18
- -
- -
- -
4.57
-0.09
4.81
- -
- -
15.34
17.32
17.11
20.48
15.35
18.49
32.53
- -
Return on Invested Capital (%)
8.4
- -
- -
- -
4.86
0.16
5.03
- -
- -
16.02
17.77
18.02
21.16
16.38
18.98
37.72
- -
Return on Capital (%)
- -
- -
-6.93
-13.4
4.86
0.16
5.03
13.75
16.11
16.36
18.77
18.86
22.35
20.41
25.31
46.32
- -
Return on Common Equity (%)

Capital Structure

USD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
3
3
3
LT Borrowings
3
2
1
LT Finance Leases
5
5
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
48
48
48
Market Capitalization
151
136
133

Working Capital

USD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
28
30
41
Cash, Cash Equivalents & STI
13
3
15
Accounts Receivable, Net
3
3
3
Inventories
6
9
8
Total Current Liabilities
14
13
15
Payables & Accruals
- -
- -
- -
ST Debt
3
3
3
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.36%
13.65%
41.37%
Free Cash Flow
-9.25%
17.99%
13.56%
Net Income, GAAP
360.86%
38.9%
135.4%
Sales/Revenue/Turnover
21.55%
41.57%
30.68%
Total Cash Common Dividend
- -
6.5%
0.3%

Semi-annual Revenue

USD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
20
2024
- -
- -
49
2025
- -
- -
64

Semi-annual Earnings Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.13
2024
- -
- -
0.18
2025
- -
- -
0.42

Semi-annual Dividends Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.11
2024
- -
- -
0.12
2025
- -
- -
0.12
Business
Spectra Systems Corporation (SPSC.L), headquartered in Providence, Rhode Island and founded in 1996, develops and supplies advanced security technologies including integrated optical systems, engineered materials, high-speed sensors, and software platforms for authentication and tracking applications worldwide. The company offers machine-readable banknote authentication solutions with covert security features and quality control equipment for central banks; Aeris banknote cleaning systems and BDS-1000 disinfecting technology to extend currency life; Fusion polymer substrates for secure documents; brand protection products for consumer goods such as energy drinks, shampoo, wine, spirits, and tobacco; secure Internal Control Systems software for fraud detection, money laundering prevention, match-fixing analysis, and gaming integrity used by U.S. lotteries, Norsk Tipping in Norway, and operators in Puerto Rico and Malaysia; and, through its December 2023 acquisition of Cartor Security Printers, finished security printing including postage stamps, excise stamps, ID cards, and secure documents. Spectra Systems operates primarily in currency authentication, brand protection, gaming security, and secure printing segments, serving governmental, institutional, and corporate clients across the United States, Europe, and international markets. Recent developments include a July 2024 manufacturing contract for next-generation banknote sensors with a $5.7 million initial payment, followed in November 2025 by a five-year $6.7 million sensor maintenance agreement with the same customer; a November 2025 launch of a $350,000 share buyback program managed by Zeus Capital; and strategic advancements in Cartor integration enhancing its end-to-end secure printing capabilities, as highlighted in March 2025 financial results.

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