ADVFN ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

SRT Marine Systems Posts Exceptional Revenue Growth and Secures Major Contracts

Market News
09 July 2025 8:14AM

SRT Marine Systems PLC (LSE:SRT) has reported a remarkable surge in revenue for the fiscal year ending June 2025, with sales soaring 423% to £77.5 million alongside a pre-tax profit of £4.4 million. The company recently landed a substantial $213 million contract with the Kuwait Coast Guard and currently holds active contracts totaling £320 million. Furthermore, its validated project pipeline is valued at £1.4 billion, positioning SRT for continued expansion.

Upcoming product launches, including the NEXUS transceiver, and the resumption of financial guidance by its partner Cavendish further bolster the company’s growth outlook. SRT’s strong market position in maritime surveillance reflects growing demand for digital solutions aimed at improving security, safety, and environmental sustainability across the maritime sector.

Despite clear business momentum driven by high-value contracts and innovation, SRT faces financial challenges that temper its outlook. While technical market indicators remain favorable, concerns around financial stability and valuation persist.

About SRT Marine Systems

SRT Marine Systems PLC is a leading player in the global maritime domain awareness industry, delivering cutting-edge technologies and systems that promote maritime safety, security, and environmental stewardship. Their portfolio includes proprietary tools like advanced analytics, data fusion, and augmented visualization, catering to a broad customer base spanning government agencies to commercial vessel operators worldwide.

This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Some portions of this content may have been generated or assisted by artificial intelligence (AI) tools and been reviewed for accuracy and quality by our editorial team.