Strip Tinning Holdings plc

Strip Tinning Holdings plc

LLSE:STG
23.50
GBX
0.00
(0.00%)
437.40MMarket Cap
Jun 22Next Earn
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
0.66
0.69
0.6
0.78
0.7
0.7
0.5
0.47
- -
Basic EPS, GAAP
- -
0.12
0.1
0.02
-0.06
-0.34
-0.05
-0.26
-0.12
- -
Free Cash Flow per Basic Share
- -
0.07
0.05
- -
-0.03
-0.35
-0.04
-0.22
0.04
- -
Dividend per Share
- -
0.04
0.04
0.04
0.03
- -
- -
- -
- -
- -
Book Value per Share
0.22
0.31
0.37
0.36
0.3
0.42
0.37
0.12
0.01
0.01
Tangible Book Value per Share
0.19
0.26
0.31
0.29
0.19
0.33
0.27
- -
-0.13
-0.13
Basic Weighted Avg Shares
14
14
14
14
14
15
15
18
18
18
Sales/Revenue/Turnover
- -
9
10
9
11
10
11
9
9
- -
Operating Margin (%)
- -
21.14
16.29
5.4
-8.1
-48.15
-12.95
-37.63
-26.44
- -
Depreciation Expense
- -
1
1
1
1
1
1
1
1
- -
Net Income, GAAP
- -
2
1
- -
-1
-5
-1
-5
-2
- -
Effective Tax Rate (%)
- -
6.3
4.02
37.54
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
18.67
14.43
2.55
-7.4
-48.14
-7.12
-52.07
-24.52
- -
Working Capital
2
3
3
3
1
3
2
3
- -
- -
LT Debt
2
1
1
2
2
2
2
5
5
5
Total Equity
3
4
5
5
4
6
6
2
- -
- -
Return on Invested Capital (%)
- -
32.34
22.47
3.72
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
33.01
22.96
3.77
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
46.27
29.4
4.17
-17.66
-92.38
-12.62
-117.76
-172.85
- -

Capital Structure

GBP

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
1
1
1
LT Borrowings
4
5
4
LT Finance Leases
2
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
18
18
18
Market Capitalization
7
5
4

Working Capital

GBP

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
5
4
4
Cash, Cash Equivalents & STI
1
- -
1
Accounts Receivable, Net
2
2
2
Inventories
1
1
1
Total Current Liabilities
2
2
4
Payables & Accruals
- -
- -
- -
ST Debt
1
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

GBP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-25.18%
-88.47%
Free Cash Flow
- -
427.85%
-115.89%
Net Income, GAAP
- -
77.72%
-55.17%
Sales/Revenue/Turnover
- -
1.29%
-4.82%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
11
2024
- -
- -
9
2025
- -
- -
9

Semi-annual Earnings Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.05
2024
- -
- -
-0.26
2025
- -
- -
-0.12

Semi-annual Dividends Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Mark Ivan Perrins
Full Time Employees
97
Sector
Electronic technology
Industry
Electronic components
Address
Arden Business Park Frankley BD United Kingdom B45 0JA
IPO Date
Feb 16, 2022
Business
Strip Tinning Holdings plc is a United Kingdom-based manufacturer and supplier of specialist electrical connection systems for the automotive sector, headquartered in Birmingham with operations focused on Europe, North America and global Tier 1 OEM customers; founded in 1957 and listed on AIM in 2022, the company operates through two main segments comprising Glazing circuits for traditional and advanced vehicle glass applications and Battery Technologies for electric vehicle power systems. Its core products include windshield soldering connectors and heating materials such as FPC antenna connectors, flat foil connectors, solder busbars, adhesive busbars, preformed busbars and heating wires; back-lite soldering connectors encompassing solder bridge connectors, crimp contact connectors and round wire connectors; roof glass Polymer-Dispersed Liquid Crystal (PDLC) connectors for smart glass; automotive flex products for lighting, heating, smart glass and antennas; and battery technologies featuring heavy-duty laminated busbars, integrated laminated busbar cell contact systems, rigid carrier cell contact systems and sensing flexible printed circuits (FPCs). Recent developments include securing a major purchase order in October 2025 for its battery system connector in the D phase of the Zoox Robotaxi project ahead of serial production in April 2026, which represents the largest of three key nominations won in 2024; announcing two significant PDLC project wins post-year-end 2024 with major Tier 1 suppliers for Mercedes, Porsche and Audi vehicles carrying a combined lifetime value of GBP 18.6 million; completing a GBP 5 million fundraise in early 2025 to support expansion in battery technologies and glazing; reporting full-year 2024 revenue of GBP 9.0 million with improved gross margins to 33.1% from 30.6%; and receiving a GBP 269,000 R&D tax credit payment from HMRC for 2023 activities.