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SpectraSystemsCorp Com USD0.01 (SPSY)

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07-Sep-2020 09:26 AM

Spectra Systems expects annual earnings to 'significantly' exceed expectations

Banknote authentication technology provider Spectra Systems booked a small fall in first-half profit, but said it expected to 'significantly' exceed market expectations for the full year. Pre-tax profit for the six months through June amounted
27-Dec-2019 08:19 AM

Spectra Systems expands patent portfolio

Spectra Systems has expanded its patent portfolio for products used in banknote authentication, products authentication and banknote cleaning. Between October 2018 and December 2019 it was either issued, granted or received notices of allowance on one US
24-Sep-2019 07:51 AM

Spectra Systems first-half profit down 42%; sees better second half

Banknote authentication group Spectra Systems booked a 42% fall in first-half profit but forecast a better performance in the second. Pre-tax profit for the six months through June fell to $2.0m, compared to a profit of $3.4m on-year. Revenue fell 20% t
29-May-2019 07:28 AM

Spectra Systems expects annual profit to exceed market expectations

Banknote authentification group Spectra Systems Corporation said it expected its profits for the current calendar year to exceed market expectations. The increased profits were related to a combination of central bank sensor related research funding and
25-Mar-2019 07:37 AM

Spectra Systems profit jumps 30%; sees 'strong' earnings in 2019

Banknote and product authentication technology group Spectra Systems Corporation posted a 30% rise in annual profit, as it earned more royalties and cut operating expenses. Pre-tax profit for the year through December rose to $4.0m, as revenue climbed 3%
18-Mar-2019 07:31 AM

Spectra Systems sees annual profit exceeding market expectations

Bank note authentication company Spectra Systems Corporation said it expected its annual profit to exceed market expectations. The increased profits for the year through December were related to a G7 central bank research contract, which would commence i
10-Dec-2018 01:36 PM

Spectra Systems sees earnings beat after unexpected orders

Banknote authentication and software security company Spectra Systems Corporation said it expected to post profits above market expectations in 2018 due to unexpected sales. The company said it had received unexpected additional orders for its optical ma
24-Sep-2018 07:58 AM

Spectra Systems profit up 38% after large client order

Banknote technology group Spectra Systems Corporation posted a 38% rise in profit after a large customer order boosted revenue. Pre-tax profit for the six months through June rose to $3.4m, as revenue rose 11% in the first half at $8.0m. Chief executiv
19-Mar-2018 09:52 AM

Spectra Systems profit more than doubles

Banknote authentication company Spectra Systems posted a rise in annual profit after in-house manufacturing helped boost margins. Pre-tax profit more than doubled to $3.09m, as revenue grew by 9% to $12.17m. The company declared an annual dividend of 6c
01-Feb-2018 08:22 AM

Spectra profits to exceed expectations

Spectra Systems, a provider of machine-readable high-speed banknote authentication and brand protection technologies, expects its profits for 2017 will exceed market expectations. It comes after its licensee confirmed the royalty component of its payment
16-Oct-2017 09:17 AM

Spectra Systems upgrades profit guidance

Spectra Systems said it expects is annual profit to significantly exceed market expectations. The profit upgrade came after the licensee of the company's covert banknote authentication technology said that royalties based on finished printed notes w
21-Aug-2017 07:12 AM

Spectra Systems anticipates beating market expectations

Spectra Systems reported strong trading and expects the company to significantly exceed market expectations for PBTA and cash flow for the year to 31 December 2017. Unexpectedly high sales of our phosphour products along with a full year of higher margin
30-Mar-2017 09:33 AM

Spectra Systems materially improves FY profit

Spectra Systems has posted a a FY profit of $1.14m, up from $35,000, in a set of results that it said highlights the company's sustainable profitability and continued earnings growth. Its inaugural annual dividend was $0.05 a share. CEO Nabil Lawa
04-Jan-2017 07:23 AM

Spectra Systems sees FY profits beating market views

Spectra Systems expects its profits for the year ended 31 December 2016 to significantly exceed market expectations. Revenue is also expected to be ahead of market expectations. CEO Nabil Lawandy commented: "The confluence of significantly improve
03-Oct-2016 07:21 AM

Spectra's win

Spectra Systems said that, on Sept. 30, it executed a five-year contract with a G7 central bank customer, which will allow for the long-awaited manufacture in-house of authentication materials for this bank. Story provided by
18-Apr-2016 09:36 AM

Spectra Systems exceeds forecasts

Spectra Systems Corporation's revenue for the year to the end of December exceeded analyst forecasts at $14,114k but were down from $16,906k last time. EBITDA for the year, before stock compensation expense and exceptional items, fell to $1,067k fr
22-Apr-2015 09:18 AM

Revenues well ahead at Spectra Systems

Spectra Systems, a leading provider of advanced technology solutions for banknote and product authentication, has announced that for the year ended 31 December 2014 revenue increased 46% to $16,906,000 (2013: $11,572,000.). Adjusted EBITDA before taxatio
10-Feb-2015 07:40 AM

Spectra Systems executes five year contract

Spectra Systems has entered into a five-year contract with a large Asian manufacturer of holograms and foils used in various applications, and particularly tax stamps. The contract specifies a minimum total revenue of $1MM evenly spread out over the fi
10-Feb-2015 07:13 AM

Spectra Systems executes five year contract

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24-Jul-2014 07:10 AM

Spectra Systems in partnership with Cool Clean Tech

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22-Jul-2014 07:33 AM

SPSY signs smartphone authentication contracts in Asia

Spectra Systems Corp has executed contracts with two suppliers of product authentication services in Asia for its Smartphone based technology for authentication of retail products. The licenses are non-exclusive in the People's Republic of China an
30-Apr-2014 08:56 AM

Spectra Systems FY pretax loss widens

Spectra Systems' FY pretax loss widened to $0.72m, from a restated loss of $0.67m. Revenue was $11.6m, from $9.4m "The Board believes that the Company, notwithstanding the new gen contract, has made significant headway in 2013 by achieving key
30-Jan-2014 08:02 AM

Spectra Systems' new-gen sensor programme cancelled

Spectra Systems said the unexpected cancellation of its G8 central bank-fund new-generation sensor programme would have minimal impact on market expectations for its results. "Only negligible revenues relating thereto had been anticipated in such ex
13-Jan-2014 07:49 AM

Spectra Systems extends InkSure asset purchase deal

Spectra Systems has extended the final closing date for its acquisition for most of of Inksure's brand protection and tax stamp authentication assets, which it had expected to complete in December 2013. The delay was related to SEC regulatory approva
25-Nov-2013 07:32 AM

Spectra Systems in banknote cleaning technology deal

Spectra Systems has agreed to test its soiled banknote cleaning technology with a G8 Central Bank. The technology uses supercritical fluids to allow soiled banknotes to be recirculated. With global banknote replacement costs approaching $10 billion annua

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