Spectra Systems Corporation (AIM:SPSY)

Spectra Systems Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	61.42	49.19	20.29	19.63	16.59	14.68
Revenue Growth (YoY)	95.56%	142.46%	3.37%	18.29%	13.06%	10.89%
Cost of Revenue	30.71	25.7	6.66	7.35	6.07	4.61
Gross Profit	30.71	23.49	13.62	12.28	10.52	10.07
Selling, General & Admin	9.33	9.85	5.02	3.78	3.21	3.14
Research & Development	2.02	2.16	1.45	1.51	1.4	1.6
Operating Expenses	11.36	12.01	6.47	5.28	4.61	4.74
Operating Income	19.35	11.48	7.15	6.99	5.91	5.33
Interest Expense	-	-0.2	-0.01	-	-	-
Interest & Investment Income	0.28	0.15	0.39	0.02	0.04	0.11
Currency Exchange Gain (Loss)	-0.16	-0.13	-0.07	-0.01	0.01	-0.02
Other Non Operating Income (Expenses)	-	-	-	-	-0.02	-
Pretax Income	19.47	11.3	7.45	7	5.94	5.43
Income Tax Expense	6.15	2.8	1.43	0.9	0.88	0.3
Earnings From Continuing Operations	13.32	8.5	6.02	6.1	5.07	5.12
Minority Interest in Earnings	0.01	0.02	0.02	0.05	0.1	0
Net Income	13.33	8.52	6.05	6.15	5.16	5.12
Net Income to Common	13.33	8.52	6.05	6.15	5.16	5.12
Net Income Growth	102.49%	40.88%	-1.62%	19.07%	0.76%	18.20%
Shares Outstanding (Basic)	48	48	45	45	45	46
Shares Outstanding (Diluted)	49	49	49	47	48	48
Shares Change (YoY)	-2.80%	0.40%	3.04%	-0.87%	-1.30%	-0.42%
EPS (Basic)	0.28	0.18	0.13	0.14	0.11	0.11
EPS (Diluted)	0.27	0.17	0.12	0.13	0.11	0.11
EPS Growth	104.95%	41.67%	-7.69%	18.18%	-	22.22%
Free Cash Flow	8.22	9.15	7.37	7.05	8.01	5.12
Free Cash Flow Per Share	0.17	0.19	0.15	0.15	0.17	0.11
Dividend Per Share	-	0.116	0.116	0.115	0.110	0.095
Dividend Growth	-	-	0.87%	4.54%	15.79%	-
Gross Margin	50.00%	47.75%	67.15%	62.55%	63.42%	68.61%
Operating Margin	31.51%	23.34%	35.25%	35.63%	35.62%	36.31%
Profit Margin	21.71%	17.32%	29.81%	31.32%	31.12%	34.92%
Free Cash Flow Margin	13.39%	18.61%	36.34%	35.94%	48.27%	34.86%
EBITDA	22.67	14.66	8.19	7.9	6.73	6.28
EBITDA Margin	36.91%	29.80%	40.38%	40.23%	40.55%	42.81%
D&A For EBITDA	3.31	3.18	1.04	0.9	0.82	0.95
EBIT	19.35	11.48	7.15	6.99	5.91	5.33
EBIT Margin	31.51%	23.34%	35.25%	35.63%	35.62%	36.31%
Effective Tax Rate	31.60%	24.79%	19.18%	12.87%	14.77%	5.60%
Revenue as Reported	61.42	49.19	20.29	19.63	16.59	14.68

Updated Sep 30, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.