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FINANCIAL BRIEF: For the six months ended 30 September 2012, Software Radio Technology Plc revenues decreased 25% to L3.5M. Net income decreased 88% to L146K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects Interest Receivable decrease of 50% to L6K (income). more »

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BROKER FORECASTS
31st Mar 2013
31st Mar 2014

Price Target: 35.0p (+28.41% above Price) Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: n/a (£) (p) (p) (£) (p) (p)
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Broker Recommendations for Software Radio Technology
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts: 0 0 1 0 1

Named Brokers and Analysts
WH Ireland Eric Burns , Daniel Stewart Mike Jeremy , Westhouse Securities Ltd. Kevin Fogarty , Cenkos Securities Marcus Tregoning ,

Software Radio Technology Plc (SRT) is engaged in the research and development of wireless radio communication technologies and products for the identification and tracking of primarily maritime based assets. The Company develops and provides automatic identification system (AIS) technologies and product solutions for the maritime industry. The Company’s AIS is an international mesh-network radio communications information system standard, created, managed and regulated by the International Maritime Organisation (IMO). AIS provide information about the maritime domain inclusive of vessel movements and the environment. SRT also develops radio communication technologies, which are evolved into a range of modules and derivative other equipment manufacturer (OEM) product solutions. Its Customers are offered a range of flexible module and turnkey OEM product solutions. The Company’s products are used in a variety of applications, which include maritime safety and homeland security.

Directors: Simon Tucker (CEO) , Neil Peniket (Exec. Dir.) , Richard Hurd (Secy.) ,

No. of Employees: 39 No. of Shareholders: n/a


Last Annual March 31st, 2012
Last Interim September 30th, 2012
Shares in Issue 115,749,774
Free Float 83.8m (72.4%)
Sector Technology
Industry Communications & Networking
Index FTSE Aim All Share,
Exchange London Stock Exchange (AIM)
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