Encouraging FY23 results from SPSY this morning show profits and cash a touch ahead of expectation and position the company well for a year of strong growth in FY24E. SPSY leads the market in machine-readable high speed banknote authentication, brand protection technologies and gaming security software. The company grew the business robustly in FY23 (PBTA +6%, EPS pared by increased tax payments, progressive DPS), building on a decade of double digit CAGR; and closed the year with the transfor ....
27 Mar 2024
Spectra Systems (SPSY) - Solid FY results, cash on the balance sheet and a record FY24E beckons
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Spectra Systems (SPSY) - Solid FY results, cash on the balance sheet and a record FY24E beckons
Spectra Systems Corporation (SPSY:LON) | 248 24.8 4.2% | Mkt Cap: 112.0m
- Published:
27 Mar 2024 -
Author:
Matthew Davis | Nick Spoliar -
Pages:
4
Encouraging FY23 results from SPSY this morning show profits and cash a touch ahead of expectation and position the company well for a year of strong growth in FY24E. SPSY leads the market in machine-readable high speed banknote authentication, brand protection technologies and gaming security software. The company grew the business robustly in FY23 (PBTA +6%, EPS pared by increased tax payments, progressive DPS), building on a decade of double digit CAGR; and closed the year with the transfor ....