Spectra Systems 2025 revenue rises, adjusted EPS doubles on sensor production

Spectra Systems

30/03/2026 07:10

Overview

US banknote authentication tech firm's 2025 revenue grew 31% yr/yr, driven by sensor production

Adjusted EPS for 2025 doubled yr/yr, adjusted EBITDA rose 83%

Company raised annual dividend to $0.136/share, citing highest profitability since inception

Outlook

Spectra expects to deliver remaining sensors in 2026, significantly increasing cash

Company expects gaming software group EBITDA of $500k-$800k in 2026

Spectra anticipates qualification and a test order from a middle eastern central bank in 2026

Result Drivers

SENSOR PRODUCTION - Co said revenue growth was primarily driven by sensor manufacturing and related hardware sales for a development contract scheduled for completion in 2026

GAMING SOFTWARE TURNAROUND - Co said gaming software security business produced record revenues and profitability in 2025

CSP INTEGRATION & CONTRACTS - Co said full integration of Cartor Security Printers and new hybrid stamp contracts contributed to revenue growth

Company press release: ID:nRSd5579Ya

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
$64.28 mln
FY Adjusted EPS
$0.38
FY Net Income
$20.05 mln
FY Adjusted EBITDA
$27.31 mln
FY EBIT
$24.30 mln
FY Gross Profit
$37.07 mln
FY Operating Expenses
$12.77 mln
FY Pretax Profit
$26.81 mln


Analyst Coverage

Wall Street's median 12-month price target for Spectra Systems Corp is GBp256.50, about 103.6% above its March 27 closing price of GBp126.00

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 8 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)