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19-Nov-2020 09:59 AM

SRT Marine Systems navigates choppy waters

Technology provider SRT Marine Systems has reported a 7% increase in revenues in the six months to September 30 on the same period in 2019. With revenues of £3.8 million, the company also announced its gross cash balances at end of the period had r
08-Oct-2020 09:45 AM

SRT Marine Systems reports pre-tax loss for first half as revenues derived entirely from transceiver

Maritime surveillance group SRT Marine Systems has announced first-half revenues of £3.8 million, resulting in an expected pre-tax loss for the period of £2.7 million due to the pandemic. In its trading update for the six months to 30 Septemb
07-Sep-2020 07:26 AM

SRT Marine swings to loss on lower revenue; Middle East impairment charge

Maritime surveillance and management system provider SRT Marine Systems swung to a full-year loss after sales slipped and it recorded an impairment charge on a Middle Eastern project. Pre-tax losses for the year through March amounted to £6.9m, swi
17-Apr-2020 07:35 AM

SRT Marine raises £5.3m to weather Covid-19 storm

Maritime surveillance group SRT Marine said it had raised £5.3m of cash via a combination of loans and equity as part of a 'Covid-19 resilience' financing drive. The company had announced last week that it had raised £2.8m in equity
10-Mar-2020 10:00 AM

SRT Marine Systems warns of loss after coronavrius sparks contract delays

Maritime surveillance group SRT Marine Systems warned it would post a full-year loss after the coronavirus sparked contract delays. Pre-tax losses for the year through March were expected at around £3.8m, the company said. 'The reason provide
19-Nov-2019 08:32 AM

SRT Marine Systems posts first-half loss on lower margins

Maritime surveillance system supplier SRT Marine Systems booked a first-half loss after rising revenue was offset by expenses. Pre-tax losses for the six months through September amounted to £1.54m, compared to losses of £1.31m on-year. Reve
04-Oct-2019 07:31 AM

SRT Marine forecasts first-half loss despite 10% rise in revenue

Maritime surveillance, monitoring and management system supplier SRT Marine said it expected to post a first-half loss, despite a rise in revenue. Revenue for the six months through September rose 10% to £3.5m, the company said. Pre-tax losses amo
05-Jul-2019 07:15 AM

SRT Marine Systems appoints new director

SRT Marine Systems, a provider of maritime tracking, management and surveillance technologies, products and integrated system solutions for ports, waterways, fisheries and coast guards, has announced the appointment of Simon Barrell to company's boar
10-Apr-2019 08:35 AM

SRT Marine Systems to swing to profit on rising sales

SRT Marine Systems said it expected to swing to an annual profit amid a large rise in revenue. Pre-tax profit for the year through March was expected at £3.0m, on revenue of around £20.0m, the company said Last year, the company reported a p
20-Nov-2018 09:41 AM

SRT Marine Systems posts loss as expenses weigh

Maritime identification and tracking technology supplier SRT Marine Systems posted a first-half loss but said it expected a better contracting performance in the second half. Pre-tax losses for the six months through September amounted to £1.3m, na
03-Oct-2018 07:59 AM

SRT Marine sees losses narrowing as it recovers from stock shortages

Maritime surveillance and management group SRT Marine Systems said it expected to post a reduced first-half loss as it continued to recover from stock shortages. In a trading update, the company said revenue for the six months through September had grown
18-Jul-2018 02:28 PM

SRT Marine warns of loss after Asia contract tweak

SRT Marine Systems warned it would post an annual loss after a key government customer in South East Asia reneged on a fisheries monitoring contract. The customer had decided to change its funding source on the contract, SRT Marine Systems said. However
11-Apr-2018 07:55 AM

SRT Marine forecasts 22% annual revenue bump

Shipping management system provider SRT Marine said it expected to post an annual pre-tax profit of £1.3m, which it said was broadly in line with market expectations. Revenue was expected to rise 22% to £13.5m. 'These results reflect th
14-Nov-2017 09:31 AM

SRT Marine losses deepen

SRT Marine said first-half losses deepened following a project delay. The company booked a net loss of £3.10m, widening from a loss of £956,031 in the previous corresponding period. It booked a one-off exceptional cost item of £1.5m af
10-Oct-2017 09:08 AM

SRT 1H revenue up 10%

Maritime services provider SRT said first-half revenue rose by 10% to £2.9m, resulting in a pre-tax loss of £1.7m Before exceptional items. The company's cash balance at September 30 was £2.1m. At 9:08am: (LON:SRT) SRT Marine Sys
31-Aug-2017 08:30 AM

SRT signs contract with major marine company

SRT Marine Systems, a provider of maritime tracking, management and surveillance technologies, has signed a contract to supply customised AIS Class A, Class B transceiver products to one of the world's leading marine electronics companies. The cust
18-Aug-2017 08:28 AM

SRT gets order for 200 AIS AtoN transceivers

SRT Marine Systems, a provider of maritime tracking, management and surveillance technologies, has received an order for 200 AIS Aids to Navigation (AtoN) transceivers for immediate delivery. The order is for the world's biggest single deployment of
12-Jul-2017 02:23 PM

All resolutions passed at AGM of SRT Marine Systems

SRT Marine Systems has confirmed that all resolutions were passed by shareholders at today's Annual General Meeting. At 2:23pm: (LON:SRT) SRT Marine Systems Plc share price was 0p at 46.25p Story provided by StockMarketWire.com...
13-Jun-2017 02:10 PM

SRT Marine Systems issues shares

SRT Marine Systems has announced that the Company issued and allotted 20,000 new ordinary shares, following the conversion of employee share options, at an exercise price of 29p per share. At 2:10pm: (LON:SRT) SRT Marine Systems Plc share price was +0
09-Jun-2017 08:30 AM

Broker Forecast - finnCap issues a broker note on Software Radio Technology PLC

finnCap today reaffirms its corporate investment rating on Software Radio Technology PLC (LON:SRT) and set its price target at 75p. Story provided by StockMarketWire.com...
09-Jun-2017 08:30 AM

Broker Forecast - finnCap issues a broker note on Software Radio Technology PLC

finnCap today reaffirms its corporate investment rating on Software Radio Technology PLC (LON:SRT) and set its price target at 75p. Story provided by StockMarketWire.com...
09-Jun-2017 08:30 AM

Broker Forecast - finnCap issues a broker note on Software Radio Technology PLC

finnCap today reaffirms its corporate investment rating on Software Radio Technology PLC (LON:SRT) and set its price target at 75p. Story provided by StockMarketWire.com...
09-Jun-2017 08:30 AM

Broker Forecast - finnCap issues a broker note on Software Radio Technology PLC

finnCap today reaffirms its corporate investment rating on Software Radio Technology PLC (LON:SRT) and set its price target at 75p. Story provided by StockMarketWire.com...
13-Apr-2017 07:29 AM

SRT Marine Systems sees FY pretax profit up on views

SRT Marine Systems said it expects to report FY revenue of £11m, ahead of last year, and pretax profit of £1.2m, which was significantly ahead of market expectations. As at the year end, gross cash balances were £1.7m. CEO Simon Tucke
30-Mar-2017 07:42 AM

SRT Marine Systems secures Middle East contract

SRT Marine Systems has entered into a contract to deliver a national MDM system for a Middle East country. The system would enable continuous real time identification, tracking and monitoring of many thousands of leisure and commercial vessels operating
 
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