SRT Marine Systems Income Statement

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

Millions GBP. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	102.94	78.02	11.85	30.51	8.17	8.28
Revenue Growth (YoY)	499.47%	558.32%	-61.15%	273.26%	-1.23%	-56.23%
Cost of Revenue	77.22	54.12	8.49	19.47	5.5	5.1
Gross Profit	25.72	23.9	3.36	11.04	2.67	3.18
Selling, General & Admin	16.5	14.8	11.26	8.32	6.49	5.78
Amortization of Goodwill & Intangibles	2.69	2.69	2.66	2.41	2.23	2.27
Operating Expenses	19.19	17.49	13.92	10.72	8.72	8.05
Operating Income	6.53	6.41	-10.55	0.32	-6.05	-4.87
Interest Expense	-1.73	-1.88	-1	-0.78	-0.62	-0.57
Interest & Investment Income	0.39	0.34	0.04	0	0	0
Currency Exchange Gain (Loss)	-	-	-	-0.18	-0.15	-0.49
EBT Excluding Unusual Items	5.2	4.87	-11.52	-0.65	-6.81	-5.93
Other Unusual Items	-2.77	-3.45	-	-	-	-
Pretax Income	2.43	1.42	-11.52	-0.65	-6.81	-5.93
Income Tax Expense	-0.41	-0.6	-0.6	-0.72	-0.97	-0.8
Net Income	2.84	2.03	-10.92	0.07	-5.84	-5.13
Net Income to Common	2.84	2.03	-10.92	0.07	-5.84	-5.13
Shares Outstanding (Basic)	250	238	202	181	165	164
Shares Outstanding (Diluted)	264	246	202	183	165	164
Shares Change (YoY)	43.51%	21.63%	10.49%	10.75%	0.88%	5.81%
EPS (Basic)	0.01	0.01	-0.05	0.00	-0.04	-0.03
EPS (Diluted)	0.01	0.01	-0.05	0.00	-0.04	-0.03
Free Cash Flow	41.27	0.46	-10.29	1.5	2.01	2.5
Free Cash Flow Per Share	0.16	0.00	-0.05	0.01	0.01	0.01
Gross Margin	24.99%	30.64%	28.37%	36.19%	32.69%	38.40%
Operating Margin	6.35%	8.21%	-89.05%	1.03%	-74.02%	-58.86%
Profit Margin	2.76%	2.60%	-92.16%	0.23%	-71.43%	-62.04%
Free Cash Flow Margin	40.09%	0.59%	-86.81%	4.93%	24.60%	30.18%
EBITDA	6.63	6.65	-10.35	0.58	-5.73	-4.37
EBITDA Margin	6.44%	8.52%	-87.35%	1.91%	-70.12%	-52.86%
D&A For EBITDA	0.1	0.24	0.2	0.27	0.32	0.5
EBIT	6.53	6.41	-10.55	0.32	-6.05	-4.87
EBIT Margin	6.35%	8.21%	-89.05%	1.03%	-74.02%	-58.86%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.