Spectra Systems Corporation (AIM:SPSY)

Spectra Systems Income Statement

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

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

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