Light Science Technologies refocuses portfolio and raises £6.6m to drive higher-margin growth

Light Science Technologies Holdings plc ( (GB:LST) ) has issued an update.

Light Science Technologies reported a sharp drop in annual revenue to £8.6m as it deliberately scaled back lower-margin contract electronics work, while lifting gross margins to 33.8% and posting a £0.89m pre-tax loss amid timing issues in fire protection contracts. The group repositioned its divisions, with passive fire protection and AgTech driving growth potential, and contract electronics refocused toward higher-value sectors such as defence, medical and healthcare.

After the year-end, the company raised £6.6m to acquire Injectaclad owner RLUK Injection, the minority stake in UK Circuits and its Manchester facility, moves that tighten control of key assets, remove rental costs and create a northern hub for fire protection distribution and training. Management says these steps, coupled with a growing fire remediation pipeline and new AgTech contracts with universities, leave the enlarged group well placed for higher-margin growth and a stronger second half in 2026.

Spark’s Take on LST Stock

According to Spark, TipRanks’ AI Analyst, LST is a Neutral.

The overall stock score reflects a mixed outlook. The most significant factor is the company’s financial performance, which shows both strengths in cash flow and weaknesses in revenue growth. Technical analysis indicates bearish momentum, adding risk. However, positive corporate events provide a counterbalance, suggesting potential for future growth in the AgTech sector.

To see Spark’s full report on LST stock, click here.

More about Light Science Technologies Holdings plc

Light Science Technologies Holdings plc is a UK-based technology and manufacturing group operating through three divisions: passive fire protection, agricultural technology and contract electronics manufacturing. It designs, manufactures and installs products and customised solutions that tackle global challenges in food security, climate change and fire safety, serving markets from indoor farming to complex fire remediation projects.

Average Trading Volume: 5,617,327

Technical Sentiment Signal: Sell

Current Market Cap: £16.14M

See more data about LST stock on TipRanks’ Stock Analysis page.