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Seraphim Space Investment Trust Plc (GB:SSIT)
LSE:SSIT

Seraphim Space Investment Trust Plc (SSIT) AI Stock Analysis

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GB:SSIT

Seraphim Space Investment Trust Plc

(LSE:SSIT)

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Neutral 55 (OpenAI - 5.2)
Rating:55Neutral
Price Target:
150.00p
▲(33.33% Upside)
The score is primarily held back by weak earnings quality and cash generation despite a very conservative balance sheet. Technically, the trend is strong but appears overextended. Valuation is demanding (high P/E with no stated dividend), partially offset by a steady flow of positive corporate/portfolio developments led by major defence-related contract wins.
Positive Factors
Portfolio Growth
The significant portfolio growth indicates strong investment performance and strategic positioning in the expanding SpaceTech sector, which can drive long-term value creation.
Major Contract Win
The major contract win for ICEYE enhances its commercial position and supports SSIT's investment thesis, potentially leading to higher valuations and strategic growth.
Strategic Partnerships
Strategic partnerships in key markets bolster ICEYE's market presence and SSIT's portfolio strength, supporting long-term growth and competitive advantage in the SpaceTech sector.
Negative Factors
Weak Earnings Quality
The decline in revenue and negative gross profit highlight volatility and weak underlying economics, posing risks to sustainable profitability and financial stability.
Negative Cash Flow
Consistently negative cash flow indicates limited self-funding capacity, which can constrain investment opportunities and necessitate external financing, impacting financial health.
Volatile Profitability
Volatile profitability driven by valuation changes rather than stable operations raises concerns about the predictability and sustainability of earnings, affecting long-term financial planning.

Seraphim Space Investment Trust Plc (SSIT) vs. iShares MSCI United Kingdom ETF (EWC)

Seraphim Space Investment Trust Plc Business Overview & Revenue Model

Company DescriptionSeraphim Space Investment Trust Plc specializes in incubation, mid venture, late venture, later stage, PIPEs, and industry consolidation. It seeks to invest in space technology. The fund invests between $0.25 million to $25 million. Seraphim Space Investment Trust Plc was founded in 2021 and is headquartered in London, Greater London, United Kingdom.
How the Company Makes MoneySeraphim Space Investment Trust Plc makes money primarily through capital appreciation of its investment portfolio. The trust invests in a range of space technology companies, including those involved in satellite communications, space exploration, and other related sectors. Revenue is generated as the value of these investments increases over time, particularly when portfolio companies achieve significant milestones, secure additional funding rounds, or reach successful exits through acquisitions or public offerings. Additionally, SSIT may earn dividends or interest from its investments, although the primary focus remains on long-term capital gains. The trust benefits from its strategic partnerships with leading space industry stakeholders and its experienced management team, which enhances its ability to identify high-potential investment opportunities and drive value creation.

Seraphim Space Investment Trust Plc Financial Statement Overview

Summary
The company shows strong balance sheet performance with no debt and a robust equity ratio, indicating financial stability. Profitability metrics have significantly improved, though cash flow management remains weak with negative operating cash flow. Overall, while the company is on a positive trajectory, addressing cash flow challenges is crucial.
Income Statement
46
Neutral
The company demonstrated a significant turnaround in revenue, with a substantial increase from negative to positive figures in the most recent year. Gross profit and net income have also improved, indicating enhanced profitability. Key margins such as gross profit margin and net profit margin show positive growth, suggesting the company is effectively managing costs. However, previous negative revenue and losses highlight potential volatility in revenue streams.
Balance Sheet
78
Positive
The balance sheet is strong with no debt, resulting in a debt-to-equity ratio of zero, which is excellent. The equity ratio is robust, reflecting a high level of financial stability and shareholder equity. Return on equity has improved significantly, suggesting efficient use of shareholder funds. The absence of liabilities indicates a low-risk profile in terms of financial obligations.
Cash Flow
28
Negative
Operating cash flow remains negative, indicating potential challenges in generating cash from core operations. Free cash flow has improved but is still negative, which may affect liquidity if sustained. The operating cash flow to net income ratio suggests difficulties in translating profits into cash flow, necessitating improved cash management strategies.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue-1.42M2.73M8.21M-1.96M5.00M
Gross Profit-4.54M-450.00K5.09M-5.09M2.04M
EBITDA6.15M52.09M6.15M-17.18M3.29M
Net Income6.73M52.98M6.73M-16.92M3.37M
Balance Sheet
Total Assets228.58M281.43M228.58M222.82M243.85M
Cash, Cash Equivalents and Short-Term Investments26.98M21.51M26.98M35.31M57.65M
Total Debt0.000.000.000.000.00
Total Liabilities444.00K311.00K444.00K428.00K4.54M
Stockholders Equity228.14M281.12M228.14M222.40M239.32M
Cash Flow
Free Cash Flow-3.79M0.00-3.79M-4.12M-4.10M
Operating Cash Flow-3.79M-3.54M-3.79M-4.12M-4.10M
Investing Cash Flow-3.62M-1.74M-3.62M-17.99M-84.81M
Financing Cash Flow-987.00K0.00-987.00K237.00K146.56M

Seraphim Space Investment Trust Plc Technical Analysis

Technical Analysis Sentiment
Positive
Last Price112.50
Price Trends
50DMA
100.11
Positive
100DMA
87.92
Positive
200DMA
79.33
Positive
Market Momentum
MACD
14.67
Negative
RSI
70.99
Negative
STOCH
85.47
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:SSIT, the sentiment is Positive. The current price of 112.5 is below the 20-day moving average (MA) of 126.58, above the 50-day MA of 100.11, and above the 200-day MA of 79.33, indicating a bullish trend. The MACD of 14.67 indicates Negative momentum. The RSI at 70.99 is Negative, neither overbought nor oversold. The STOCH value of 85.47 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:SSIT.

Seraphim Space Investment Trust Plc Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
66
Neutral
£949.93M15.145.19%2.47%66.53%100.92%
65
Neutral
$2.17B12.193.79%4.94%3.15%1.96%
63
Neutral
£884.24M8.478.92%11.00%
55
Neutral
50
Neutral
£503.55M-4.06-14.23%33.10%
48
Neutral
£10.70M-26.00-1.72%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:SSIT
Seraphim Space Investment Trust Plc
151.50
99.50
191.35%
GB:BLU
Blue Star Capital
10.50
2.25
27.27%
GB:GROW
Molten Ventures
526.00
230.00
77.70%
GB:IPO
IP Group plc
58.30
6.80
13.20%
GB:PNIX
NFT Investments PLC
2.60
-3.75
-59.06%
GB:ICGT
ICG Enterprise Trust PLC GBP
1,536.00
257.91
20.18%

Seraphim Space Investment Trust Plc Corporate Events

Business Operations and StrategyM&A TransactionsPrivate Placements and FinancingProduct-Related Announcements
Seraphim Space Trust Showcases Portfolio Momentum Amid Rapidly Expanding SpaceTech Market
Positive
Jan 8, 2026

Seraphim Space Investment Trust’s December 2025 SpaceTech newsletter highlights significant value creation and contract wins across its portfolio, including ICEYE’s €1.7bn German military reconnaissance deal and €150m Series E round valuing the firm at about €2.4bn, as well as HawkEye 360’s $150m financing, strategic acquisition of Innovative Signal Analysis, and a five-year data contract worth more than $100m. Other portfolio updates include SatVu’s planned HotSat-2 launch in early 2026 to target the fast-growing data centre monitoring market, Tomorrow.io’s expansion of AI-driven weather forecasting pilots in Thailand and the Philippines, LeoLabs’ new cross-government licensing agreement with US Space Force and the Office of Space Commerce, and AST SpaceMobile’s launch of its largest direct-to-smartphone LEO communications satellite, BlueBird 6, marking the start of scaled deployment. Beyond its portfolio, the newsletter underscores broader sector momentum, with news of a potentially record-breaking SpaceX IPO targeted for 2026, rising venture interest evidenced by a London space investment conference, and evolving government priorities such as NASA’s renewed Moon ambitions, all reinforcing SSIT’s thesis that SpaceTech is entering a phase of accelerated capital formation, industrialisation and strategic relevance for investors and policymakers alike.

The most recent analyst rating on (GB:SSIT) stock is a Hold with a £115.00 price target. To see the full list of analyst forecasts on Seraphim Space Investment Trust Plc stock, see the GB:SSIT Stock Forecast page.

Business Operations and StrategyFinancial Disclosures
Seraphim’s Flagship Holding ICEYE Wins €1.7bn German Defence Satellite Contract
Positive
Dec 19, 2025

Seraphim Space Investment Trust said its largest portfolio holding, synthetic aperture radar satellite specialist ICEYE, has secured a €1.7 billion contract via its joint venture with German defence group Rheinmetall to provide a dedicated SAR satellite constellation and associated services to the German Armed Forces. The five-year deal, which includes constellation operations, ground station management and AI-driven image analysis, is expected to significantly bolster ICEYE’s commercial position, support its role as a key partner in sovereign space-based intelligence, and underpin SSIT’s investment thesis, with the trust indicating that the contract could prompt a reversion to a higher valuation methodology for ICEYE at year-end.

Business Operations and StrategyFinancial Disclosures
Seraphim Space Investment Trust Capitalizes on SpaceTech Growth
Positive
Dec 4, 2025

Seraphim Space Investment Trust has experienced significant growth in its net asset value, driven by valuation increases in its core holdings and revenue growth among its companies. This positions the company to potentially reduce its current discount to net asset value, reflecting a strong market position amid a rebound in SpaceTech investments.

Business Operations and StrategyProduct-Related Announcements
Seraphim Space Investment Trust Highlights Key Developments in SpaceTech Sector
Positive
Dec 4, 2025

Seraphim Space Investment Trust PLC’s November 2025 newsletter highlights significant developments in its portfolio and the broader SpaceTech sector. Key updates include ICEYE’s expansion in European and NATO markets through strategic partnerships, D-Orbit’s successful satellite deployments, and ALL.SPACE’s advancements in satellite communications for the US Army. Additionally, Skylo’s launch of Europe’s first satellite SMS service with Orange and Voyager Technologies’ acquisitions and partnerships to enhance defense and quantum capabilities underscore the sector’s dynamic growth. The newsletter also covers AST SpaceMobile’s plans for direct-to-device services and ESA’s new defense mandate, reflecting the increasing importance of space in national security strategies across Europe and the US.

Business Operations and Strategy
Seraphim Space Chair Invests in Company Shares
Positive
Nov 25, 2025

Seraphim Space Investment Trust Plc announced a transaction involving its Chair, Will Whitehorn, who purchased 11,000 ordinary shares at £0.78 each, totaling £8,580. This transaction, conducted on the London Stock Exchange, signifies confidence in the company’s future prospects and may positively influence stakeholder sentiment regarding Seraphim’s market position and strategic direction.

Other
Insider Share Purchase at Seraphim Space Investment Trust
Positive
Nov 25, 2025

Seraphim Space Investment Trust Plc announced a transaction involving the purchase of 8,000 ordinary shares by David Lane, a person closely associated with Angela Lane, a Non-Executive Director of the company. The shares were purchased at a price of 78.0541 pence per share on the London Stock Exchange, totaling £6,244.33. This transaction highlights ongoing insider interest and investment in the company, potentially signaling confidence in its future performance and strategic direction.

Business Operations and StrategyFinancial Disclosures
Seraphim Space Investment Trust Reports Q1 Financial Results and Strategic Developments
Positive
Nov 25, 2025

Seraphim Space Investment Trust PLC reported a slight increase in its net asset value (NAV) for the first quarter of the financial year ending September 30, 2025. The company’s portfolio valuation rose due to foreign exchange gains and follow-on investments, despite a decrease in liquid resources and market capitalization. Notable developments include ICEYE’s significant contract with the Finnish Defence Forces and HawkEye 360’s successful satellite launch, enhancing their positions in the market. The company remains optimistic about future growth, driven by government initiatives and the expansion of commercial satellite networks.

Business Operations and StrategyFinancial DisclosuresPrivate Placements and Financing
Seraphim Space Reports Robust Portfolio Growth Amid Expanding SpaceTech Sector
Positive
Nov 5, 2025

Seraphim Space Investment Trust plc reported a 29% growth in its portfolio for the year ending June 2025, reaching nearly £260m, driven by valuation uplifts and additional funding secured by portfolio companies. The newsletter highlights significant developments in the SpaceTech sector, including ICEYE’s international expansion, ALL.SPACE’s advancements in satellite networks, and Skylo Technologies’ partnerships for IoT connectivity. These developments underscore the increasing investor interest and strategic partnerships in the defence-linked space sector, reflecting a maturing and expanding market.

Business Operations and StrategyFinancial DisclosuresPrivate Placements and Financing
Seraphim Space Investment Trust Reports Robust Portfolio Growth Amidst Expanding SpaceTech Ventures
Positive
Nov 5, 2025

Seraphim Space Investment Trust PLC reported a 29% growth in its portfolio for the year ending June 2025, driven by valuation uplifts and increased funding in its holdings, reflecting strong investor interest in the defence-linked space sector. Key developments include ICEYE’s expansion in Japan and Slovakia, ALL.SPACE’s advancements in satellite networks, Skylo Technologies’ partnerships for IoT connectivity, and Voyager Technologies’ acquisition to enhance in-space propulsion, all indicating a robust growth trajectory in the SpaceTech industry.

Financial Disclosures
Seraphim Space Investment Trust to Announce Q1 Results
Neutral
Oct 30, 2025

Seraphim Space Investment Trust Plc has announced that it will release its first quarter results for the period ending 30 September 2025 on 25 November 2025. The company will host webinars for equity analysts and retail investors on the same day, featuring presentations by key executives, which may provide insights into the company’s performance and future strategies.

Business Operations and StrategyFinancial Disclosures
Seraphim Space Investment Trust Reports Strong Financial Growth Amid Geopolitical Shifts
Positive
Oct 20, 2025

Seraphim Space Investment Trust PLC reported a strong financial year ending June 2025, with a 28.9% increase in portfolio valuation to £259.8 million, driven by defense sector tailwinds and significant valuation gains in key holdings like ICEYE. The company made strategic investments in new and existing portfolio companies and saw several of its holdings achieve major operational milestones and funding rounds. The geopolitical shifts, particularly in Europe, have increased demand for space-based intelligence and surveillance, benefiting the company’s portfolio. The trust’s liquidity has been bolstered by IPOs and sell-downs of listed holdings, positioning it well for continued growth in favorable market conditions.

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.Date of analysis: Dec 30, 2025