Solid State plc (AIM:SOLI)

Solid State Balance Sheet

Financials in millions GBP. Fiscal year is April - March.

Assets

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	6.57	3.51	8.45	12.22	4.98
Cash & Short-Term Investments	6.57	3.51	8.45	12.22	4.98
Cash Growth	86.96%	-58.40%	-30.91%	145.31%	-27.93%
Accounts Receivable	20.16	21.62	31.53	19.7	17.98
Other Receivables	2.39	0.99	-	-	-
Total Trade Receivables	22.55	22.6	31.53	19.7	17.98
Inventory	30.5	28.24	25.08	33.23	17.6
Total Current Assets	59.62	54.35	65.06	65.15	40.56
Net Property, Plant & Equipment	11.92	11.56	7.82	6.7	5.4
Other Intangible Assets	34.64	36.97	40.11	41.56	15.83
Other Long-Term Assets	1.04	1.46	0.61	0.38	0.54
Total Assets	107.21	104.34	113.58	113.79	62.33

Liabilities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	17.01	17.02	21.64	23.74	16.49
Current Portion of Long-Term Debt	0.02	8.63	3.4	1.28	2.06
Current Portion of Leases	1.22	1.4	1.11	1.06	0.76
Unearned Revenue	6.28	5.85	6.46	5.38	3.46
Other Current Liabilities	1.52	0.6	1.35	7.11	5.16
Total Current Liabilities	26.05	33.5	33.96	38.56	27.92
Long-Term Debt	10.14	1.94	9.72	13.38	1.5
Long-Term Leases	4.67	4.6	2.47	0.99	1.33
Other Long-Term Liabilities	3.04	2.81	2.82	2.9	4.5
Total Long-Term Liabilities	17.85	9.34	15.01	17.27	7.33
Total Liabilities	43.9	42.85	48.96	55.83	35.25

Shareholders' Equity

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	2.85	2.85	0.57	0.57	0.43
Treasury Stock	-0.5	-0.54	-0.04	-0.11	-0.06
Additional Paid-in Capital	28.3	28.3	30.58	30.47	3.63
Accumulated Other Comprehensive Income	-2.94	-2.27	-1.58	-0.83	0.04
Retained Earnings	35.6	33.15	35.09	27.81	23.04
Minority Interest	-	-	-	0.05	-
Shareholders' Equity	63.31	61.5	64.62	57.95	27.08
Total Liabilities & Equity	107.21	104.34	113.58	113.79	62.33

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	16.05	16.57	16.69	16.71	5.64
Net Cash (Debt)	-9.48	-13.06	-8.24	-4.48	-0.66
Net Cash Growth	-	-	-	-	-
Net Cash Per Share	-0.17	-0.23	-0.14	-0.09	-0.01
Book Value	63.31	61.5	64.62	57.95	27.08
Book Value Per Share	1.10	1.07	1.12	1.09	0.62
Tangible Book Value	28.67	24.53	24.51	16.39	11.25
Tangible Book Value Per Share	0.50	0.43	0.42	0.31	0.26

Data Source: Fiscal.ai Last updated: Jun 27, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Jul 26, 2026

Data Sources Report a data error