| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 9.00K | 1.00K | 1.00K | 0.00 | 0.00 |
| Gross Profit | 10.00K | 1.00K | 1.00K | 0.00 | 0.00 |
| EBITDA | -22.92M | -708.00K | -1.57M | -3.35M | -600.00K |
| Net Income | -25.82M | -708.00K | -1.57M | -3.35M | -600.00K |
Balance Sheet | |||||
| Total Assets | 153.44M | 351.00K | 620.00K | 2.33M | 160.00K |
| Cash, Cash Equivalents and Short-Term Investments | 60.55M | 31.00K | 565.00K | 2.07M | 45.00K |
| Total Debt | 156.12M | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 170.41M | 464.00K | 184.00K | 318.00K | 132.00K |
| Stockholders Equity | -16.98M | -113.00K | 436.00K | 2.01M | 28.00K |
Cash Flow | |||||
| Free Cash Flow | -1.89M | -359.00K | -1.50M | -2.63M | -207.00K |
| Operating Cash Flow | -1.89M | -314.00K | -1.50M | -2.63M | -196.00K |
| Investing Cash Flow | -4.50M | -295.00K | 0.00 | 0.00 | -11.00K |
| Financing Cash Flow | 66.98M | 75.00K | 0.00 | 4.66M | 252.00K |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | £167.07M | 11.12 | 19.06% | ― | 1.49% | ― | |
62 Neutral | £111.74M | -11.30 | -8.33% | ― | -10.51% | -63.78% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
50 Neutral | £27.53M | -3.15 | -22.74% | ― | -20.54% | 86.22% | |
40 Underperform | £36.41M | -1.92 | -438.39% | ― | ― | ― |
Satsuma Technology PLC has secured admission of its ordinary shares to the Equity Shares (Commercial Companies) category of the FCA’s Official List and to trading on the Main Market of the London Stock Exchange, with admission becoming effective on 19 December 2025. The move formalises Satsuma’s presence on the UK’s primary public market, potentially broadening its investor base, enhancing share liquidity and visibility, and reinforcing its standing among listed commercial technology companies.
Satsuma Technology PLC has granted substantial share options to its chief executive, Henry Elder, and chief financial officer, Andrew Smith, under its employee share option plan, with options over 560.2 million and 168.1 million ordinary shares respectively, vesting evenly over four years at exercise prices of £0.01 and £0.02 depending on the vesting period. In a further move that increases executive equity participation, the company has also issued 50 million new ordinary shares to Elder following the conversion of previously announced convertible loan notes, a step that both strengthens alignment between senior management and shareholders and modestly increases the company’s issued share capital, with potential dilution implications for existing investors as the options vest and notes convert.
Satsuma Technology PLC has announced the approval and publication of its prospectus for the admission of its ordinary shares to the Main Market of the London Stock Exchange. This strategic milestone aligns with its focus on Bitcoin-based operations and a treasury policy centered around Bitcoin as a reserve asset. The firm will convert convertible loan notes into new ordinary shares, boosting its issued share capital to over 11 billion shares. With repayments to remaining noteholders scheduled, Satsuma projects a liquid balance sheet with assets totaling approximately £52.3 million and no material liabilities. This development positions Satsuma as a well-capitalized, debt-free entity aiming for sustainable shareholder value and substantial market presence in the Bitcoin and decentralized finance ecosystem.
Satsuma Technology PLC has announced significant board changes and the sale of a substantial portion of its Bitcoin holdings. The company plans to appoint Ranald McGregor-Smith as Chair and Clive Carver as Senior Independent Director to strengthen its board governance as part of its strategy to uplist on the London Stock Exchange. Additionally, the sale of 579 Bitcoin has raised approximately £40 million, ensuring sufficient cash reserves to meet upcoming financial obligations, thereby positioning the company for stability and future growth.
Satsuma Technology PLC announced its unaudited interim financial results, highlighting a £169 million raise through convertible loan notes and a substantial Bitcoin treasury. The company is progressing towards an uplisting on the Financial Conduct Authority’s Official List, aiming for completion by December 2025. However, the success of this move is contingent on FCA approval, and failure to secure this could result in significant financial obligations. The company faces risks associated with Bitcoin price volatility, liquidity management, and regulatory uncertainties, which could impact its financial stability and operational execution.
Satsuma Technology PLC has announced that its previously published non-statutory financial information for the periods ending 31 May 2025 and 8 August 2025 will be replaced by unaudited interim results for the six months ending 31 August 2025. These interim results are set to be released today, providing stakeholders with updated financial insights.
Satsuma Technology PLC, a company listed on the London Stock Exchange, has announced the appointment of BDO LLP as its new auditor. This strategic move is part of Satsuma’s preparation for its planned uplisting to the Equity Shares (Commercial Companies) Category by the end of December 2025. The appointment of BDO, along with recent key hires, underscores Satsuma’s commitment to financial integrity and market credibility, aiming to build long-term trust with stakeholders.
Satsuma Technology Plc, a company listed on the London Stock Exchange, has announced the appointment of Canaccord Genuity Limited and Latham & Watkins as its sponsor and legal advisor, respectively, to facilitate its transition to the Equity Shares (Commercial Companies) Category of the Financial Conduct Authority’s Official List. This strategic move, following the recent appointment of Andrew Smith as CFO, underscores Satsuma’s commitment to enhancing its governance and market credibility, aiming to complete the uplisting by December 30, 2025.
Satsuma Technology PLC, a company focused on building a premier institutional Bitcoin treasury in the UK, has announced the appointment of Andrew Smith as their new Chief Financial Officer, effective from November 1, 2025. Andrew Smith, with a strong background in investment banking and experience as CFO of Playtech PLC, is expected to bring valuable expertise in public market fundraising and global M&A, aligning with Satsuma’s vision of becoming a leader in Bitcoin innovation.