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Symphony Environmental Technologies
(LSE:SYM)
Symphony Environmental Technologies (SYM) vs. iShares MSCI United Kingdom ETF (EWC)
Symphony Environmental Technologies Business Overview & Revenue Model
Symphony Environmental Technologies Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 6.59M | 6.35M | 6.15M | 9.16M | 9.77M |
| Gross Profit | 3.06M | 2.32M | 2.28M | 3.59M | 4.11M |
| EBITDA | -837.00K | -1.83M | -2.69M | -1.24M | -189.00K |
| Net Income | -1.34M | -2.18M | -2.89M | -1.41M | -328.00K |
Balance Sheet | |||||
| Total Assets | 4.80M | 4.83M | 5.86M | 6.45M | 6.91M |
| Cash, Cash Equivalents and Short-Term Investments | 718.00K | 1.12M | 1.15M | 881.00K | 1.39M |
| Total Debt | 3.46M | 3.50M | 2.34M | 1.18M | 1.43M |
| Total Liabilities | 5.20M | 5.23M | 4.16M | 2.97M | 2.82M |
| Stockholders Equity | -398.00K | -400.00K | 1.70M | 3.47M | 4.09M |
Cash Flow | |||||
| Free Cash Flow | -1.41M | -863.00K | -1.70M | -772.00K | -1.39M |
| Operating Cash Flow | -1.40M | -522.00K | -1.47M | -474.00K | -1.33M |
| Investing Cash Flow | -54.00K | -341.00K | -342.00K | -298.00K | -83.00K |
| Financing Cash Flow | 1.34M | 896.00K | 1.62M | 506.00K | 1.01M |
Symphony Environmental Technologies Technical Analysis
Symphony Environmental Technologies Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | £150.41M | 12.62 | 10.01% | 3.58% | 6.97% | -18.59% | |
66 Neutral | £25.97M | 36.38 | -9.81% | 3.87% | 8.41% | -555.42% | |
65 Neutral | £9.33M | ― | -21.69% | 4.76% | -14.90% | -329.10% | |
62 Neutral | £5.73M | ― | -12.09% | ― | -14.22% | -32.34% | |
61 Neutral | $17.64B | 14.17 | -5.23% | 3.04% | 1.43% | -15.09% | |
49 Neutral | £21.48M | ― | -131.28% | ― | 12.73% | 67.16% | |
40 Underperform | £24.82M | ― | -290.14% | ― | 3.78% | 47.46% |
Symphony Environmental Technologies Corporate Events
Symphony Environmental Technologies announced that all resolutions were passed at their Annual General Meeting. This includes the re-election of directors and the re-appointment of auditors, reflecting strong shareholder support. The resolutions also grant the company authority to allot securities and purchase its own shares, which could enhance financial flexibility and strategic operations.
Symphony Environmental Technologies announced a significant regulatory breakthrough as its d2w biodegradable plastic technology received confirmation of compliance with the EU Directive 2019/904 from the Environmental Protection Agency of Ireland. This validation is expected to enhance the company’s growth prospects across Europe and other global markets aligned with EU environmental strategies. Despite a slight dip in first-half revenues for 2025, Symphony anticipates a stronger performance in the latter half of the year, supported by a robust sales pipeline and improved gross margins.
Symphony Environmental Technologies announced that its d2w biodegradable plastic technology has been confirmed by the Environmental Protection Agency of Ireland as compliant with the EU Directive 2019/904. This confirmation, based on scientific evidence, distinguishes d2w products from oxo-degradable plastics, as they fully biodegrade without leaving microplastics or toxic residues. The approval allows Symphony to expand its market reach within the EU, aligning with the EU Plastic Strategy and enhancing its industry positioning as a leader in sustainable plastic solutions.
Symphony Environmental Technologies has announced a change in the voting rights held by Elie Basil Victor Dangoor, who now holds 5.05% of the company’s voting rights, up from a previous 4.50%. This change reflects an acquisition or disposal of voting rights, indicating a shift in shareholder influence within the company.
Symphony Environmental Technologies has received approval from the Republic of Ireland’s Environmental Protection Agency for its d2w oxo-biodegradable plastic technology. This approval confirms that d2w products do not fall under the EU’s restrictions on oxo-degradable plastics, as they fully biodegrade without leaving microplastics. The approval is a significant step for Symphony, potentially opening doors for wider acceptance and distribution across the European Union, aligning with environmental goals to reduce plastic pollution.
Symphony Environmental Technologies has announced the posting of its Annual Report and Accounts, along with the notice for its Annual General Meeting (AGM) scheduled for July 23, 2025. This announcement is significant for stakeholders as it provides insights into the company’s financial health and strategic direction, which could impact its market positioning and investor confidence.
Symphony Environmental Technologies reported a 4% increase in group revenues to £6.59 million for the year ended December 2024, alongside a significant 31% rise in gross profit. The company has made strides in reducing its operating loss by 45% and is on track to improve further in 2025, driven by sales growth and cost reductions. The company is expanding its market reach with new legislation in Mexico supporting its d2w technology and endorsements from various countries on its microplastics position paper. Symphony is also advancing trials for its d2p AI natural insecticide technology and NbR sales in several countries, positioning itself for future growth.
Symphony Environmental Technologies announced a change in the subscription amount for its new ordinary shares, reducing the number from 11,250,000 to 10,014,875 shares, raising £2.00 million instead of the initially planned £2.25 million. This adjustment, agreed upon with Quantum Leap 1.1.1 Fund LP, will see the fund holding 4.24% of the company’s enlarged issued share capital. The revised shares are expected to be admitted to trading on AIM by 12 June 2025, with the total issued share capital reaching 236,363,995 ordinary shares. This move is part of Symphony’s strategic efforts to strengthen its financial position and enhance its market presence.
Symphony Environmental Technologies announced a change in the subscriber for its previously announced equity subscription. The new subscriber, Quantum Leap 1.1.1 Fund LP, will acquire 11,250,000 new ordinary shares, strengthening Symphony’s financial position. This strategic investment is expected to support Symphony’s growth and enhance its market position as it continues to explore new opportunities. The change in equity subscriber reflects Symphony’s ongoing efforts to attract significant investors and bolster its operations.
Symphony Environmental Technologies has announced a change in its major shareholdings, with Elie Basil Victor Dangoor increasing his voting rights from 3.41% to 4.50%. This shift in shareholding indicates a growing interest and confidence in the company’s strategic direction, potentially impacting its market position and stakeholder relationships.