Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 55.81M | 49.13M | 39.12M | 43.59M | 44.65M |
Gross Profit | 23.94M | 20.01M | 16.63M | 15.60M | 14.59M |
EBITDA | 5.65M | 4.53M | 3.29M | 1.67M | -3.94M |
Net Income | 3.18M | 2.16M | 639.00K | -479.00K | -4.67M |
Balance Sheet | |||||
Total Assets | 65.84M | 57.62M | 52.42M | 54.14M | 59.81M |
Cash, Cash Equivalents and Short-Term Investments | 9.56M | 4.60M | 4.26M | 4.64M | 6.86M |
Total Debt | 1.89M | 1.94M | 2.82M | 2.84M | 2.79M |
Total Liabilities | 24.51M | 18.75M | 15.42M | 18.79M | 22.78M |
Stockholders Equity | 41.33M | 38.88M | 37.00M | 35.34M | 37.03M |
Cash Flow | |||||
Free Cash Flow | 6.59M | 1.64M | 915.00K | -1.48M | 4.53M |
Operating Cash Flow | 8.52M | 3.02M | 1.23M | -607.00K | 5.75M |
Investing Cash Flow | -1.93M | -1.39M | -582.00K | -842.00K | -1.22M |
Financing Cash Flow | -1.61M | -1.17M | -1.17M | -1.02M | -1.15M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
80 Outperform | £70.85M | 0.15 | 30.08% | ― | 7.52% | 47.21% | |
79 Outperform | £54.92M | 12.63 | 10.49% | 112.04% | 21.43% | 44.70% | |
69 Neutral | £7.50M | 56.21 | -3.17% | ― | 10.37% | -57.83% | |
68 Neutral | £11.50M | 18.89 | 4.03% | 204.56% | 6.44% | -82.88% | |
67 Neutral | £2.80B | 13.39 | 4.69% | 218.68% | 2.40% | -24.53% | |
61 Neutral | £5.01M | ― | -16.58% | ― | 27.50% | -5.38% | |
45 Neutral | £1.87M | ― | -55.82% | ― | -52.98% | -615.15% |
Synectics plc reported a robust financial performance for the first half of 2025, with a 35% increase in revenue to £35.5 million and a 48% rise in underlying operating profit to £3.3 million. The company attributes this growth to strong demand in the leisure and hospitality sector and significant contract wins, including deals with West Midlands Police and a major gaming resort in South-East Asia. Synectics remains debt-free with a solid cash position, enabling it to support organic growth and strategic acquisitions. The company is executing a refreshed strategy focused on expanding market presence, investing in technology, and strengthening its partner network, positioning itself for long-term growth and value creation.
Synectics plc has announced the appointment of Paul Williams as Chief Financial Officer, effective from August 26, 2025. Williams brings extensive experience from the IT and software sectors, having served as CFO at CloudCall and other notable companies. His expertise is expected to drive internal efficiency and scalability at Synectics during a pivotal growth phase.
Synectics plc reported positive trading results for the first half of 2025, with solid order intake and new business momentum aligning with market expectations for the full year. The company has secured extensions and repeat orders from existing customers and new mandates, maintaining a strong order book with significant projects scheduled for the second half of the year. Synectics will release its unaudited interim results on 8 July 2025, with a live webcast presentation for investors on 14 July 2025.
Synectics plc has secured a five-year contract extension worth at least US$4.8 million with a major casino operator in South-East Asia. This extension underscores the casino’s confidence in Synectics’ Synergy software platform, which offers scalability, flexibility, and high-standard support, reinforcing Synectics’ position as a trusted technology partner in the gaming industry.
Synectics plc announced that its Employee Share Acquisition Plan (ESAP) reinvested the company’s interim dividend by purchasing 944 Ordinary Shares at £3.2205 per share. This transaction resulted in key managerial personnel acquiring additional shares, reflecting confidence in the company’s performance and aligning their interests with shareholders. The move is expected to strengthen Synectics’ market position by demonstrating commitment from its leadership team.
Synectics plc has secured a £1.1 million contract with Stagecoach, the UK’s largest bus and coach operator, through its systems integration business, Ocular Integration. This contract involves piloting Ocular’s new On-Board Hub solution, designed to enhance fleet efficiency and passenger experience. Developed in collaboration with Navaho Technologies Limited, the On-Board Hub integrates multiple functionalities like automatic vehicle location and real-time passenger information, streamlining operations and improving surveillance technology deployment. The successful completion of this pilot could lead to wider deployment, strengthening Synectics’ position in the transport sector.
Synectics plc announced that all resolutions presented at its Annual General Meeting were successfully passed, reflecting strong shareholder support. This outcome reinforces the company’s strategic direction and operational stability, potentially strengthening its position in the security and surveillance industry.
Synectics plc has announced that its trading is in line with expectations, supported by recent contract wins across key sectors, which bolster its solid order book. The company has secured new projects in the energy sector, particularly in floating liquefied natural gas and floating production storage, and has seen positive momentum in the leisure and hospitality sector, especially in North America and the Far East. Additionally, Synectics has made gains in critical infrastructure, public space, and transport sectors, with new projects from local authorities and police. The company continues to develop its strategic initiatives, leveraging its advanced solutions to address market opportunities.