SRT Marine Systems plc (AIM:SRT)

SRT Marine Systems Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	11.85	30.51	8.17	8.28	18.91
Revenue Growth (YoY)	-61.15%	273.26%	-1.23%	-56.23%	-8.03%
Cost of Revenue	8.49	19.47	5.5	5.1	14.54
Gross Profit	3.36	11.04	2.67	3.18	4.37
Selling, General & Admin	11.09	8.32	6.49	5.78	7.72
Operating Expenses	13.74	10.72	8.72	8.05	7.72
Operating Income	-10.38	0.32	-6.05	-4.87	-3.35
Interest Expense	-1	-0.78	-0.62	-0.57	-0.46
Interest & Investment Income	0.04	0	0	0	0
Currency Exchange Gain (Loss)	-0.17	-0.18	-0.15	-0.49	0.83
EBT Excluding Unusual Items	-11.52	-0.65	-6.81	-5.93	-2.98
Other Unusual Items	-	-	-	-	-3.92
Pretax Income	-11.52	-0.65	-6.81	-5.93	-6.9
Income Tax Expense	-0.6	-0.72	-0.97	-0.8	-0.82
Net Income	-10.92	0.07	-5.84	-5.13	-6.08
Net Income to Common	-10.92	0.07	-5.84	-5.13	-6.08
Shares Outstanding (Basic)	202	181	165	164	155
Shares Outstanding (Diluted)	202	183	165	164	155
Shares Change (YoY)	10.49%	10.75%	0.88%	5.81%	7.24%
EPS (Basic)	-0.05	0.00	-0.04	-0.03	-0.04
EPS (Diluted)	-0.05	0.00	-0.04	-0.03	-0.04
Free Cash Flow	-10.29	1.5	2.01	2.5	0.54
Free Cash Flow Per Share	-0.05	0.01	0.01	0.01	0.00
Gross Margin	28.37%	36.19%	32.69%	38.40%	23.12%
Operating Margin	-87.59%	1.03%	-74.02%	-58.86%	-17.70%
Profit Margin	-92.16%	0.23%	-71.43%	-62.04%	-32.15%
Free Cash Flow Margin	-86.81%	4.93%	24.60%	30.18%	2.84%
EBITDA	-10.18	0.58	-5.73	-4.37	-3.15
EBITDA Margin	-85.89%	1.91%	-70.12%	-52.86%	-16.64%
D&A For EBITDA	0.2	0.27	0.32	0.5	0.2
EBIT	-10.38	0.32	-6.05	-4.87	-3.35
EBIT Margin	-87.59%	1.03%	-74.02%	-58.86%	-17.70%

Updated Nov 20, 2023. Source: S&P Global Market Intelligence. Standard template. Financial Sources.