MicroSalt plc (SALT) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 37.89K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.05
• Revenue Growth: 26.69%
• EPS Growth: -60.96%
• Country: UK
• Employees: 5
• Sector: General
• Sector Strength: N/A
• Industry: Packaged Foods
• EPS (TTM): -0.09
• Shares Outstanding: 51,963,276
• 10 Day Avg. Volume: 9,071
• 30 Day Avg. Volume: 37,888
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £54.00
• Price Target Upside: 3.85% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 44 Neutral
• Price Target: 54.00p ▲(3.85% Upside)

MicroSalt plc's overall score is primarily impacted by its weak financial performance and bearish technical indicators. While corporate events show some positive developments, financial instability and valuation concerns weigh heavily on the stock's outlook.

MicroSalt plc Business Overview & Revenue Model

Company Description

MicroSalt Plc engages in developing and producing sodium salt and snack foods. It focuses on seeking to reduce the sodium content in foods for its existing and new product lines. The company was founded by Clifford Mark Gross on March 14, 2016 and is headquartered in London, the United Kingdom.

How the Company Makes Money

MicroSalt plc generates revenue primarily through the sale of its low-sodium salt products to food manufacturers and food service providers. The company licenses its technology to partners and collaborates with various food industry stakeholders to integrate its product into a wide array of food items. Key revenue streams include direct product sales, licensing fees, and strategic partnerships that enable the company to expand its market reach. These partnerships often involve co-branding opportunities and joint marketing efforts, enhancing MicroSalt's visibility and adoption in the market. Factors contributing to its earnings include the growing consumer demand for healthier food options and regulatory pressures to reduce sodium content in food products.

MicroSalt plc Financial Statement Overview

Summary

MicroSalt plc faces significant financial challenges, with persistent losses, negative equity, and substantial negative cash flows. Despite revenue growth, the lack of profitability and reliance on external financing indicate severe financial instability.

Income Statement

MicroSalt plc has been experiencing consistent increases in revenue over the years, with a revenue growth of 30.66% from 2023 to 2024. However, the company has not yet achieved profitability, as demonstrated by negative gross profit margins, net profit margins, and EBIT margins over the analyzed period. This indicates challenges in managing costs and achieving operating efficiency.

Balance Sheet

The balance sheet reflects significant financial distress, with a negative stockholders' equity position in the latest year, indicating liabilities exceed assets. The company also has a concerning debt-to-equity ratio due to negative equity, suggesting high financial leverage and potential solvency issues. These factors highlight a weak financial position.

Cash Flow

Cash flow analysis shows a substantial negative free cash flow, indicating the company is currently consuming more cash than it generates. Despite this, there was a significant financing cash flow, suggesting reliance on external financing to manage operations. The operating cash flow to net income ratio is negative, further emphasizing cash flow challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	220.00K	750.00K	574.00K	638.00K	33.00K	12.00K
Gross Profit	21.00K	-438.00K	-150.00K	197.00K	-63.00K	-9.00K
EBITDA	-1.76M	-5.81M	-3.34M	-2.41M	-1.15M	-797.00K
Net Income	-2.55M	-6.13M	-3.48M	-1.94M	-907.00K	-832.00K
Balance Sheet
Total Assets	4.45M	2.54M	2.27M	667.00K	428.00K	138.00K
Cash, Cash Equivalents and Short-Term Investments	2.42M	261.00K	117.00K	91.00K	18.00K	9.00K
Total Debt	2.93M	2.75M	2.52M	170.00K	860.00K	115.00K
Total Liabilities	3.58M	4.09M	4.27M	335.00K	914.00K	127.00K
Stockholders Equity	874.00K	-1.55M	-2.00M	62.00K	-786.00K	17.00K
Cash Flow
Free Cash Flow	-3.19M	-6.34M	-2.78M	-2.09M	-1.29M	-557.00K
Operating Cash Flow	-3.19M	-5.93M	-2.59M	-1.97M	-1.28M	-545.00K
Investing Cash Flow	-68.00K	-399.00K	-189.00K	-116.00K	-9.00K	-12.00K
Financing Cash Flow	5.82M	6.47M	2.80M	2.16M	1.30M	536.00K

MicroSalt plc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 52.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:SALT, the sentiment is Negative. The current price of 52 is below the 20-day moving average (MA) of 53.08, below the 50-day MA of 59.83, and below the 200-day MA of 67.59, indicating a bearish trend. The MACD of -2.04 indicates Negative momentum. The RSI at 38.89 is Neutral, neither overbought nor oversold. The STOCH value of 52.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:SALT.

MicroSalt plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GNC	80 Outperform	£1.06B	20.19	12.12%	0.81%	0.49%	14.18%
HFG	66 Neutral	£600.48M	15.34	12.72%	5.15%	8.58%	-15.81%
BAKK	61 Neutral	£1.26B	33.85	5.88%	2.72%	0.59%	-41.66%
Sector *	56 Neutral	$6.44B	4.44	-14.04%	6.05%	10.91%	8.39%
UKR	51 Neutral	£2.38M	3.13	-62.64%	―	0.24%	-624.49%
SALT	44 Neutral		―		―	26.69%	-60.96%
ZAM	―	£15.83M	2.47	3.17%	―	―	―

MicroSalt plc Corporate Events

MicroSalt plc Reports Record Sales and Anticipates Further Growth Amid Regulatory Challenges

MicroSalt plc has reported a significant increase in its B2B bulk business, with record sales of $0.9 million in the first half of 2025, marking a 72% increase from the previous half. The company anticipates further growth with increased volume projections from a major North American customer, potentially leading to sales exceeding $5 million in 2026. However, regulatory delays concerning food colorings have adjusted 2025 sales estimates to $2 million. Despite these challenges, MicroSalt remains optimistic about its future prospects, supported by a robust sales pipeline and ongoing expansion into new markets.

MicroSalt Identifies Missed Related Party Transaction, Implements Controls

MicroSalt plc announced the discovery of further payments totaling approximately USD 330k made to Tekcapital plc and/or its subsidiaries, which were identified as a missed related party transaction. These payments, made between July and September 2024, were not contractually required at the time and were not disclosed as per AIM Rule 13. The Independent Directors, led by Chair Judith Batchelar, have implemented enhanced systems and controls to prevent recurrence and have closed their investigation, confirming the transactions were bona fide liabilities and correctly accounted for in the company’s financial statements.

MicroSalt Investigates Unapproved Debt Repayment

MicroSalt plc has announced that its independent directors have discovered an early, partial debt repayment of USD 150,000 made to Tekcapital Europe Limited, which constitutes a related party transaction. The directors were unaware of this transaction at the time, and it was not deemed fair and reasonable. They are urgently investigating the circumstances surrounding this repayment and will provide further updates as necessary.

MicroSalt plc Secures Shareholder Approval at AGM, Strengthens Market Position

MicroSalt plc announced that all resolutions at its Annual General Meeting were passed, reflecting strong shareholder support. This includes the reappointment of auditors and the re-election of directors, positioning the company for continued growth in the low-sodium market. The successful AGM outcomes underscore MicroSalt’s strategic focus on expanding its market presence and leveraging its patented technology to meet the rising demand for healthier salt alternatives.

MicroSalt Plc Announces Change in Major Holdings

MicroSalt Plc has announced a change in its major holdings, with Tekcapital Europe Limited now holding 62.94% of the voting rights in the company. This notification indicates a slight decrease from the previous position of 63.72%, reflecting a minor adjustment in the ownership structure. The change in voting rights could have implications for MicroSalt’s strategic decisions and governance, potentially affecting its market positioning and stakeholder interests.

MicroSalt plc Announces Investor Presentation Following Final Results

MicroSalt plc has announced a live investor presentation following the release of its final results for the year ended December 2024. The presentation, led by CEO Rick Guiney and CFO Konrad Dabrowski, will be held on June 9, 2025, and is open to all shareholders. This event highlights MicroSalt’s commitment to engaging with its investors and stakeholders, showcasing its strategic positioning in the growing low-sodium market. The company’s innovative approach and market potential are expected to have significant implications for its operations and industry standing.

MicroSalt PLC Reports Transformative Year with Strong Revenue Growth

MicroSalt PLC reported its first full-year results since its admission to the AIM market, highlighting a transformative year with significant revenue growth driven by recurring bulk orders from major food and beverage companies across North America. The company launched a new product line, MicroSalt Premium, targeting the quick service restaurant market, which is expected to further boost sales. With a successful fundraising round and a strong pipeline of potential customers, MicroSalt anticipates a 300% increase in revenue for 2025, positioning itself as a key player in the low-sodium market.