SRT Marine Systems plc (AIM:SRT)

SRT Marine Systems Income Statement

Financials in millions GBP. Fiscal year is July - June.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Jun 30, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	78.02	11.85	30.51	8.17	8.28
Revenue Growth (YoY)	558.32%	-61.15%	273.26%	-1.23%	-56.23%
Cost of Revenue	54.12	8.49	19.47	5.5	5.1
Gross Profit	23.9	3.36	11.04	2.67	3.18
Selling, General & Admin	14.8	11.26	8.32	6.49	5.78
Amortization of Goodwill & Intangibles	2.69	2.66	2.41	2.23	2.27
Operating Expenses	17.49	13.92	10.72	8.72	8.05
Operating Income	6.41	-10.55	0.32	-6.05	-4.87
Interest Expense	-1.88	-1	-0.78	-0.62	-0.57
Interest & Investment Income	0.34	0.04	0	0	0
Currency Exchange Gain (Loss)	-	-	-0.18	-0.15	-0.49
EBT Excluding Unusual Items	4.87	-11.52	-0.65	-6.81	-5.93
Other Unusual Items	-3.45	-	-	-	-
Pretax Income	1.42	-11.52	-0.65	-6.81	-5.93
Income Tax Expense	-0.6	-0.6	-0.72	-0.97	-0.8
Net Income	2.03	-10.92	0.07	-5.84	-5.13
Net Income to Common	2.03	-10.92	0.07	-5.84	-5.13
Shares Outstanding (Basic)	238	202	181	165	164
Shares Outstanding (Diluted)	246	202	183	165	164
Shares Change (YoY)	21.63%	10.49%	10.75%	0.88%	5.81%
EPS (Basic)	0.01	-0.05	0.00	-0.04	-0.03
EPS (Diluted)	0.01	-0.05	0.00	-0.04	-0.03
Free Cash Flow	0.46	-10.29	1.5	2.01	2.5
Free Cash Flow Per Share	0.00	-0.05	0.01	0.01	0.01
Gross Margin	30.64%	28.37%	36.19%	32.69%	38.40%
Operating Margin	8.21%	-89.05%	1.03%	-74.02%	-58.86%
Profit Margin	2.60%	-92.16%	0.23%	-71.43%	-62.04%
Free Cash Flow Margin	0.59%	-86.81%	4.93%	24.60%	30.18%
EBITDA	6.65	-10.35	0.58	-5.73	-4.37
EBITDA Margin	8.52%	-87.35%	1.91%	-70.12%	-52.86%
D&A For EBITDA	0.24	0.2	0.27	0.32	0.5
EBIT	6.41	-10.55	0.32	-6.05	-4.87
EBIT Margin	8.21%	-89.05%	1.03%	-74.02%	-58.86%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.