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Concurrent Technologies
(LSE:CNC)
Concurrent Technologies (CNC) vs. iShares MSCI United Kingdom ETF (EWC)
Concurrent Technologies Business Overview & Revenue Model
Concurrent Technologies Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 40.32M | 31.66M | 18.27M | 20.45M | 21.14M | Gross Profit |
| 17.37M | 15.64M | 7.26M | 10.03M | 9.28M | EBIT |
| 4.89M | 3.69M | 351.27K | 4.00M | 3.92M | EBITDA |
| 7.88M | 5.87M | 2.11M | 4.94M | 5.01M | Net Income Common Stockholders |
| 4.70M | 3.87M | 987.02K | 2.82M | 2.75M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 13.71M | 11.12M | 4.51M | 11.84M | 11.77M | Total Assets |
| 50.78M | 47.83M | 32.65M | 29.78M | 29.04M | Total Debt |
| 756.66K | 989.93K | 1.46M | 910.21K | 822.78K | Net Debt |
| -12.95M | -10.13M | -3.05M | -10.93M | -10.94M | Total Liabilities |
| 11.86M | 12.79M | 9.47M | 7.10M | 6.48M | Stockholders Equity |
| 38.93M | 35.04M | 23.18M | 22.68M | 22.56M |
| Cash Flow | Free Cash Flow | |||
| 7.00M | 1.16M | -6.19M | 2.11M | 3.18M | Operating Cash Flow |
| 7.88M | 5.63M | -994.30K | 4.25M | 5.46M | Investing Cash Flow |
| -4.26M | -5.09M | -5.19M | -2.13M | -2.28M | Financing Cash Flow |
| -1.03M | 6.05M | -1.12M | -2.01M | -1.93M |
Concurrent Technologies Technical Analysis
Concurrent Technologies Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | £7.16M | 19.62 | 10.93% | 3.43% | -4.58% | -42.65% | |
75 Outperform | £176.24M | 37.16 | 12.72% | 0.49% | 27.38% | 10.24% | |
73 Outperform | £171.28M | 35.16 | 8.42% | 1.75% | -6.21% | 21.39% | |
71 Outperform | £147.28M | 286.55 | 0.76% | 0.51% | 1.71% | -89.07% | |
66 Neutral | £173.86M | ― | ― | ― | ― | ||
62 Neutral | $11.93B | 10.60 | -7.51% | 3.00% | 7.40% | -8.09% | |
56 Neutral | £180.66M | ― | -22.95% | 4.42% | -15.12% | -690.29% |
Concurrent Technologies Corporate Events
Concurrent Technologies Plc has announced the issuance of 26,471 new ordinary shares to accommodate the exercise of options by employees under its Long Term Incentive Plan. This move will increase the total number of ordinary shares with voting rights to 86,391,211, providing shareholders with a new denominator for interest calculations under the FCA’s Disclosure Guidance and Transparency Rules.
Concurrent Technologies Plc has announced the posting of its Annual Report and the upcoming Annual General Meeting (AGM) scheduled for 12 June 2025. The AGM will include a resolution to approve a proposed final dividend of 1.1 pence per ordinary share, with payment contingent on shareholder approval. This announcement underscores the company’s commitment to shareholder returns and provides an opportunity for stakeholders to engage with the company’s strategic direction.
Concurrent Technologies PLC, a company involved in the technology sector, has announced a change in its major holdings. Lombard Odier Asset Management (Europe) Limited has reduced its voting rights in Concurrent Technologies from 5.03% to 4.42%, as of May 14, 2025. This change in holdings may impact the company’s shareholder dynamics and influence its strategic decisions moving forward.
Concurrent Technologies PLC has announced the issuance of 29,412 new ordinary shares to satisfy employee options under its Long Term Incentive Plan, with trading on AIM expected to commence on 12 May 2025. This move increases the total number of voting shares to 86,364,740, impacting shareholder calculations under FCA’s rules and demonstrating the company’s commitment to incentivizing its workforce.
Concurrent Technologies Plc has announced the issuance of 23,529 new ordinary shares to satisfy employee options under its Long Term Incentive Plan. This move will increase the total number of ordinary shares with voting rights to 86,335,328, allowing shareholders to adjust their interests in accordance with FCA’s rules, potentially impacting the company’s market positioning and shareholder dynamics.
Concurrent Technologies Plc announced the issuance of 524,085 new Ordinary Shares following the exercise of options by directors and employees under its Long Term Incentive Plan. This transaction, involving the sale of shares to cover tax liabilities and costs, resulted in the company having no shares in treasury and a total of 86,311,799 Ordinary Shares with voting rights. The move is part of the company’s strategy to manage its share capital and could impact shareholder interests and market positioning.
Concurrent Technologies PLC, a UK-based company, has announced a change in its major holdings. Charles Stanley & Co. Limited has acquired or disposed of voting rights, resulting in a 5.17% shareholding in Concurrent Technologies PLC. This change in voting rights could impact the company’s governance and influence decisions made at shareholder meetings.
Concurrent Technologies Plc reported a record financial performance for the year ended December 31, 2024, with a 27% increase in revenue to £40.3 million and a 40% rise in profit before tax to £5.2 million. The company has made significant investments in its Systems business and secured major design wins, including its largest-ever contract with a US Defence & Aerospace contractor. Concurrent has also launched several new products and secured key partnerships to strengthen its position in the defence sector. The company is focused on long-term growth, with plans to expand its manufacturing capacity and explore bolt-on acquisitions.
Concurrent Technologies Plc announced it will release its audited final results for the year ended 31 December 2024 on 14 April 2025. The company will host an in-person analyst briefing and a separate presentation for retail investors. These events aim to provide insights into the company’s performance and engage with stakeholders, potentially impacting its market positioning and investor relations.
Concurrent Technologies Plc has announced plans to lease a new 40,000 sq ft headquarters and manufacturing facility in Colchester, which will double its production capacity and support business growth. The move, expected in the second half of 2026, will involve a £5m investment in machinery to enhance PCB assembly capacity, funded from existing cash reserves. This expansion is a strategic step to meet increasing customer demand and improve operational efficiency, positioning Concurrent as a leading player in the global defence electronics market.
Concurrent Technologies PLC, a UK-based company, has announced a change in its major shareholding. Premier Miton Group plc has reduced its voting rights in Concurrent Technologies from 12.994930% to 11.968791%, as of March 13, 2025. This change in shareholding could potentially impact the company’s governance and influence within the market.