tiprankstipranks
Trending News
More News >

Surface Transforms Reports Q1 2025 Financial and Operational Update

Story Highlights
Surface Transforms Reports Q1 2025 Financial and Operational Update

Confident Investing Starts Here:

Surface Transforms ( (GB:SCE) ) has issued an announcement.

Surface Transforms has announced a financing, trading, and operations update for Q1 2025. The company has received over £8 million in cash advances from key customers to support working capital and improve manufacturing yield and output. Despite cash constraints affecting operational efficiency, the company remains focused on operational improvements and cash management. Strategic discussions with customers for long-term arrangements are progressing, and the company is optimistic about resolving current financial challenges to achieve operational targets.

More about Surface Transforms

Surface Transforms plc is a UK-based manufacturer specializing in carbon-ceramic material automotive brake discs. It is the only UK manufacturer and one of two mainstream companies globally in this niche market, catering to major OEMs in the automotive industry. The company uses advanced Carbon Ceramic Technology to produce lightweight, durable brake discs for both internal combustion and electric vehicles, offering significant advantages over traditional iron brake discs.

YTD Price Performance: -32.61%

Average Trading Volume: 7,104,293

Technical Sentiment Signal: Strong Buy

Current Market Cap: £4.04M

See more insights into SCE stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App