MicroSalt plc (GB:SALT)
LSE:SALT
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MicroSalt plc
(LSE:SALT)
Select Model
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Rating:53Neutral
Price Target:
61.00 p
▲(38.64% Upside)
Action:ReiteratedDate:01/20/26
The score is held back primarily by weak financial fundamentals (losses, negative equity, and negative free cash flow) despite strong revenue growth. Technical indicators are relatively supportive with price above key moving averages and a positive MACD, while valuation remains constrained by negative earnings and no stated dividend yield.
Positive Factors
Revenue Growth
Sustained ~30% year-over-year revenue growth indicates clear product-market traction for MicroSalt's ingredients in the packaged foods channel. Over a 2–6 month horizon, persistent top-line expansion provides scale opportunities, improves negotiating leverage with suppliers, and creates optionality to invest in margin-improvement initiatives and distribution expansion.
Negative Factors
Persistent Unprofitability
The company shows sustained negative gross, EBIT and net margins, indicating it cannot convert revenue into profit. This structural profitability gap signals underlying cost, pricing or scale issues that, if not addressed, will impede reinvestment capacity, lengthen dependence on external funding, and threaten long-term viability over the coming quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained ~30% year-over-year revenue growth indicates clear product-market traction for MicroSalt's ingredients in the packaged foods channel. Over a 2–6 month horizon, persistent top-line expansion provides scale opportunities, improves negotiating leverage with suppliers, and creates optionality to invest in margin-improvement initiatives and distribution expansion.
Read all positive factors
MicroSalt plc (SALT) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£26.39M
Dividend YieldN/A
Average Volume (3M)35.93K
Price to Earnings (P/E)―
Beta (1Y)0.92
Revenue Growth147.18%
EPS Growth3.11%
CountryUK
Employees5
SectorConsumer Defensive
Sector Strength42
IndustryPackaged Foods
Share Statistics
EPS (TTM)-0.03
Shares Outstanding56,143,894
10 Day Avg. Volume61,176
30 Day Avg. Volume35,928
Financial Highlights & Ratios
PEG Ratio-0.05
Price to Book (P/B)-7.21
Price to Sales (P/S)14.89
P/FCF Ratio-1.76
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)£2.10M
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...
How the Company Makes Money
MicroSalt generates revenue through the sale of its proprietary micro salt products to food manufacturers and retailers. The company's revenue model is primarily based on direct product sales, where it supplies its low-sodium salt alternatives to ...
MicroSalt plc Financial Statement Overview
Summary
Income Statement
20
Very Negative
Balance Sheet
15
Very Negative
Cash Flow
25
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 948.00K | 750.00K | 574.00K | 638.00K | 33.00K | 12.00K |
| Gross Profit | -456.00K | -438.00K | -150.00K | 197.00K | -63.00K | -9.00K |
| EBITDA | -4.83M | -5.81M | -3.34M | -2.41M | -1.15M | -797.00K |
| Net Income | -4.45M | -6.13M | -3.48M | -1.94M | -907.00K | -832.00K |
Balance Sheet | ||||||
| Total Assets | 3.62M | 2.54M | 2.27M | 667.00K | 428.00K | 138.00K |
| Cash, Cash Equivalents and Short-Term Investments | 915.00K | 261.00K | 117.00K | 91.00K | 18.00K | 9.00K |
| Total Debt | 2.73M | 2.75M | 2.52M | 170.00K | 860.00K | 115.00K |
| Total Liabilities | 3.77M | 4.09M | 4.27M | 335.00K | 914.00K | 127.00K |
| Stockholders Equity | -159.00K | -1.55M | -2.00M | 62.00K | -786.00K | 17.00K |
Cash Flow | ||||||
| Free Cash Flow | -4.06M | -6.34M | -2.78M | -2.09M | -1.29M | -557.00K |
| Operating Cash Flow | -3.81M | -5.93M | -2.59M | -1.97M | -1.28M | -545.00K |
| Investing Cash Flow | -387.50K | -399.00K | -189.00K | -116.00K | -9.00K | -12.00K |
| Financing Cash Flow | 2.25M | 6.47M | 2.80M | 2.16M | 1.30M | 536.00K |
MicroSalt plc Technical Analysis
Negative
44.00
Price Trends
54.56
Negative
52.55
Negative
56.83
Negative
Market Momentum
-2.19
Positive
24.31
Positive
8.96
Positive
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 44 is below the 20-day moving average (MA) of 51.80, below the 50-day MA of 54.56, and below the 200-day MA of 56.83, indicating a bearish trend. The MACD of -2.19 indicates Positive momentum. The RSI at 24.31 is Positive, neither overbought nor oversold. The STOCH value of 8.96 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:SALT.
MicroSalt plc Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | £2.81B | 8.36 | 14.71% | 2.06% | 6.96% | 28.47% | |
69 Neutral | £13.30B | 15.47 | 9.22% | 2.98% | -3.06% | -26.93% | |
65 Neutral | £1.56B | 8.87 | 2.17% | 5.27% | 26.84% | -81.73% | |
64 Neutral | £65.25M | 5.65 | 28.53% | 3.14% | ― | ― | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
53 Neutral | £26.39M | -15.56 | 520.55% | ― | 147.18% | 3.11% |
* Consumer Defensive Sector Average
GB:SALT
MicroSalt plc
47.00
-9.00
-16.07%
GB:ABF
Associated British Foods
1,890.50
66.10
3.62%
GB:FVA
Fevara plc
126.00
4.59
3.78%
GB:CWK
Cranswick
5,250.00
716.13
15.80%
GB:TATE
Tate & Lyle
352.20
-109.32
-23.69%
MicroSalt plc Corporate Events
Business Operations and Strategy
MicroSalt Seals Four-Year R&D Pact With Global Food and Beverage Giant
Positive
Jan 27, 2026
MicroSalt has signed a four-year Joint Development Agreement with one of the world’s largest food, soft drink and snack manufacturers to co-develop new reduced-sodium food solutions that preserve salty and savoury taste. The non-compensatory...
Business Operations and StrategyFinancial Disclosures
MicroSalt Smashes 2025 Revenue Target as Low‑Sodium Salt Demand Surges
Positive
Jan 12, 2026
MicroSalt plc reported unaudited full‑year 2025 sales of $2.14 million, a 287% year‑on‑year increase that surpassed its original $2.0 million revenue target, driven by rapid growth in its B2B bulk business and expanding volumes w...
Business Operations and StrategyPrivate Placements and Financing
MicroSalt plc Boosts Capital to Expand Production and Market Reach
Positive
Dec 15, 2025
MicroSalt plc has successfully raised over £1.72 million through a combination of a subscription and a retail offer, resulting in the admission of 3,839,090 ordinary shares to trading on AIM. This capital will be used to enhance production ca...
Business Operations and StrategyPrivate Placements and Financing
MicroSalt plc Successfully Completes Retail Offer, Strengthening Growth Prospects
Positive
Dec 12, 2025
MicroSalt plc announced the successful completion of its Retail Offer, raising £0.23 million through the issuance of Retail Offer Shares. The funds will support staffing, marketing, and general working capital, strengthening the company’...
Business Operations and StrategyPrivate Placements and Financing
MicroSalt Launches Retail Offer to Bolster Financial Position
Positive
Dec 9, 2025
MicroSalt plc has announced a retail offer to issue up to 666,666 new ordinary shares to UK retail investors at 45 pence per share, alongside a completed subscription of 3,333,334 new shares. This initiative, part of a broader fundraising effort, ...
Business Operations and StrategyPrivate Placements and Financing
MicroSalt plc Raises £1.5 Million to Boost Production and Growth
Positive
Dec 9, 2025
MicroSalt plc has successfully raised £1.5 million through a subscription of new ordinary shares, which will be used to increase production, enhance staffing, and support marketing and RD efforts. The company is on track to exceed its full-ye...
Business Operations and StrategyDelistings and Listing ChangesPrivate Placements and Financing
MicroSalt plc Expands Share Issuance Following Stock Option Exercise
Positive
Nov 21, 2025
MicroSalt plc has announced the allotment of 341,527 ordinary shares following the exercise of stock options, with these shares expected to begin trading on AIM on or around 26 November 2025. This move increases the total number of ordinary shares...
Business Operations and StrategyFinancial Disclosures
MicroSalt Projects Robust Growth with Strategic Partnerships and New Orders
Positive
Nov 14, 2025
MicroSalt has announced a positive trading update, with unaudited sales reaching $1.66 million for the first ten months of 2025, surpassing initial revenue expectations. The company has strengthened its relationship with a major North American cus...
Business Operations and StrategyProduct-Related Announcements
MicroSalt Partners with Daiya Foods to Expand Low-Sodium Offerings
Positive
Nov 12, 2025
MicroSalt plc has announced a strategic partnership with Daiya Foods, a leader in dairy-free and plant-based food innovation. This collaboration marks a significant expansion for MicroSalt, integrating its low-sodium salt into Daiya’s produc...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.