1. United Kingdom Stocks

  2. •

    Distribution services

  3. •

    Electronics distributors
Solid State plc

Solid State plc

2.02
EUR
-0.02
(-0.98%)
89.39MMarket Cap
Dec 08Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
0.87
0.88
0.88
0.95
1.1
1.33
1.59
1.56
1.99
2.45
2.88
2.21
2.72
- -
Basic EPS, GAAP
0.05
0.07
0.1
0.04
0.05
0.06
0.08
0.09
0.06
0.13
0.16
0.01
0.07
- -
Free Cash Flow per Basic Share
0.04
0.02
0.02
0.17
0.02
0.09
0.16
0.14
0.09
0.15
0.17
0.1
0.15
- -
Dividend per Share
0.02
0.02
0.02
0.02
0.02
0.02
0.03
0.03
0.03
0.04
0.04
0.04
0.03
- -
Book Value per Share
0.25
0.3
0.38
0.39
0.43
0.47
0.53
0.6
0.63
1.02
1.14
1.09
1.12
1.12
Tangible Book Value per Share
0.13
0.17
0.25
0.25
0.28
0.26
0.34
0.21
0.26
0.29
0.43
0.43
0.51
0.51
Basic Weighted Avg Shares
37
41
42
42
42
42
42
43
43
52
57
57
57
57
Sales/Revenue/Turnover
32
37
37
40
46
56
67
66
85
127
163
125
154
- -
Operating Margin (%)
6.94
8.38
7.34
6.84
5.43
5.19
6.11
6.46
4.38
7.44
8.38
1.07
4.51
- -
Depreciation Expense
- -
- -
1
1
1
1
2
2
3
4
5
5
6
- -
Net Income, GAAP
2
3
4
2
2
3
3
4
3
7
9
1
4
- -
Effective Tax Rate (%)
12.89
4.05
11.05
15.03
9.59
5.44
14.69
5.88
27.91
20.7
26.92
- -
30.06
- -
Profit Margin (%)
5.85
7.91
11.32
4.63
4.85
4.72
5.06
5.96
2.97
5.29
5.43
0.41
2.65
- -
Working Capital
5
6
9
8
10
14
12
16
13
27
31
21
34
34
LT Debt
- -
- -
- -
- -
- -
4
1
6
3
14
12
7
15
15
Total Equity
10
12
16
17
18
20
23
26
27
58
65
61
63
63
Return on Invested Capital (%)
15.14
18.15
12.54
12.11
12.39
11.93
13.32
13.65
7.77
13.03
12.14
- -
6.06
- -
Return on Capital (%)
16.75
19.55
23.21
10.25
13.11
12.67
14.18
14.45
8.33
13.91
12.73
- -
6.33
- -
Return on Common Equity (%)
22.48
25.37
29.61
11.42
12.94
14.02
16.09
16.46
9.6
15.75
14.48
0.81
6.55
- -

Capital Structure

GBP

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
10
3
1
LT Borrowings
2
11
10
LT Finance Leases
5
4
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
57
57
57
Market Capitalization
92
91
78

Working Capital

GBP

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
54
62
60
Cash, Cash Equivalents & STI
4
6
7
Accounts Receivable, Net
18
28
17
Inventories
28
26
31
Total Current Liabilities
34
29
26
Payables & Accruals
- -
- -
- -
ST Debt
10
3
1
Deferred Revenue
- -
- -
- -

Growth Rates

GBP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
18.05%
25.97%
2.96%
Free Cash Flow
128.55%
19.68%
52.88%
Net Income, GAAP
79.42%
153.17%
698.44%
Sales/Revenue/Turnover
17.01%
21.2%
23.25%
Total Cash Common Dividend
6.28%
10.85%
-30.63%

Semi-annual Revenue

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
163
2025
- -
- -
125
2026
- -
- -
154

Semi-annual Earnings Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.16
2025
- -
- -
0.01
2026
- -
- -
0.07

Semi-annual Dividends Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.04
2025
- -
- -
0.04
2026
- -
- -
0.03

Company Description

Company Profile APIChatGPT
CEO
John Lawford MacMichael
Full Time Employees
470
Sector
Distribution services
Industry
Electronics distributors
Address
2 Ravensbank Business Park Redditch WO United Kingdom B98 9EY
IPO Date
Aug 27, 1996
Website
solidstateplc.com
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Business
Solid State plc (AIM:SOLI) designs, manufactures, distributes and supplies electronic equipment, components, assemblies and systems for commercial, industrial, defence and military markets, with a focus on specialist and harsh operational environments. The company offers industrial and ruggedised computing; battery power solutions; antennas; secure radio systems; imaging technologies; electronic components and displays; ferrite and magnetic components; own-brand machined ferrite products; and value-added services including sourcing, obsolescence management and engineering consultation. It operates through two divisions, Steatite Ltd for system design and manufacturing and Solsta Ltd for technical component distribution, under brands including Steatite, Solsta, Custom Power, Pacer, Active Silicon, Gateway and Durakool; targets sectors such as defence and security, robotics, autonomous systems, energy, transportation, medical and life sciences; and serves customers in over 50 countries from 13 sites in the United Kingdom and United States. Founded in 1971 and headquartered in Redditch, UK, the company employs over 425 people and maintains more than 200,000 square feet of office and production space worldwide. Recent developments include the October 2024 acquisition of Gateway Electronic Components Ltd for initial consideration of £1.4 million to enhance its Components division with ferrite expertise and own-brand products, expected to boost earnings and margins; a £1.65 million defence contract for a new integrated systems facility in September 2025; a UK defence collaboration between Custom Power and Volklec in September 2025; follow-on US $5.2 million IoT contract award in May 2025; and a $25 million communications equipment order in March 2025.