MicroSalt Plc
SALT.L
London Stock Exchange36.50
GBp
-0.50
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MicroSalt Plc
SALT.L
(London Stock Exchange)
Recent
price
36.50
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.- Similar Companies
- Business
- MicroSalt Plc (SALT.L) develops and sells patented low-sodium salt products and related snack foods that deliver full flavor with approximately 50% less sodium than traditional salt; core offerings include MicroSalt bulk ingredient for food manufacturers, MicroSalt Premium for quick-service and fast-service restaurants targeting applications such as French fries, cheese, and pizza dough, SaltMe! Chips for direct-to-consumer sales, and saltshakers for retail use; all products are 100% natural, non-GMO, gluten-free, and Kosher-certified without potassium chloride substitutes. Founded in 2016 and headquartered in London, United Kingdom, the company operates through its subsidiary MicroSalt Inc. with manufacturing outsourced to facilities in the US states of Minnesota, New Jersey, and West Virginia; it serves multinational fast-moving consumer goods companies, snack producers, flavor suppliers, and plant-based food innovators across North America (US, Canada, Mexico), the UK, Belgium, Germany, Asia, Australia, and South Africa. Recent developments include the January 2025 launch of MicroSalt Premium, which has secured final consideration for rollout with a top international brand and generated initial traction in QSR channels; a February 2025 equity fundraise of approximately £2.4 million (US$3.1 million) on the AIM Market to fund inventory for B2B demand; expanded bulk sales in Q1 2025 exceeding full-year 2024 volumes with recurring orders from leading customers including a major Mexican snack producer (80% market share) and North American multinationals; a November 2025 strategic partnership with Daiya Foods Inc. yielding an initial US$50,000 order for dairy-free cheese and pizza dough applications with projected 2026 volumes of US$500,000; and unaudited sales of US$1.66 million for the ten months ended October 31, 2025, positioning the company to exceed full-year guidance while projecting 2026 sales of US$7.0 million.