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Filtronic
(LSE:FTC)
Filtronic (FTC) vs. iShares MSCI United Kingdom ETF (EWC)
Filtronic Business Overview & Revenue Model
Filtronic Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 56.32M | 56.32M | 25.43M | 16.27M | 17.05M | 15.56M |
| Gross Profit | 34.46M | 34.46M | 16.07M | 10.28M | 11.41M | 2.63M |
| EBITDA | 16.16M | 15.51M | 4.92M | 1.33M | 3.31M | 1.58M |
| Net Income | 14.05M | 14.05M | 3.14M | 464.00K | 1.47M | 60.00K |
Balance Sheet | ||||||
| Total Assets | 49.79M | 49.79M | 25.27M | 18.09M | 16.44M | 14.61M |
| Cash, Cash Equivalents and Short-Term Investments | 14.49M | 14.49M | 7.21M | 2.61M | 4.01M | 2.91M |
| Total Debt | 3.69M | 3.69M | 3.02M | 2.31M | 1.82M | 2.16M |
| Total Liabilities | 14.42M | 14.42M | 10.45M | 6.54M | 5.40M | 5.25M |
| Stockholders Equity | 35.38M | 35.38M | 14.81M | 11.54M | 11.04M | 9.36M |
Cash Flow | ||||||
| Free Cash Flow | 10.01M | 8.06M | 4.76M | -581.00K | 2.04M | 1.72M |
| Operating Cash Flow | 13.84M | 13.84M | 6.33M | 950.00K | 2.29M | 2.13M |
| Investing Cash Flow | -5.79M | -5.62M | -1.49M | -1.52M | -250.00K | -392.00K |
| Financing Cash Flow | -635.00K | -903.00K | -228.00K | -840.00K | -964.00K | -704.00K |
Filtronic Technical Analysis
Filtronic Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | £37.06M | 10.36 | 17.41% | 4.59% | 1.08% | 10.37% | |
69 Neutral | £281.29M | 19.94 | 55.98% | ― | 121.45% | 345.83% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
58 Neutral | £19.31M | 5.31 | -224.48% | ― | -0.46% | -171.65% | |
52 Neutral | £24.46M | ― | -26.82% | ― | -24.31% | 14.89% | |
46 Neutral | £10.94M | ― | -52.41% | ― | -31.21% | -292.31% | |
44 Neutral | £19.22M | ― | -5780.00% | ― | -8.06% | -132.47% |
Filtronic Corporate Events
Filtronic plc announced that its FY2025 results exceeded market expectations, with a 120% increase in revenue to £56.3m and adjusted EBITDA of no less than £16.6m. The company has broadened its customer engagement in the European space and aerospace and defense markets, securing contracts with Viasat, the European Space Agency, and Airbus. Filtronic’s technological advancements, such as the Prometheus V-band Amplifier, position it as an industry leader. The company is optimistic about FY2026, with a strong order book and plans to expand its operational footprint by relocating its manufacturing site.
Filtronic PLC has announced a significant change in its shareholding structure, with Driehaus Capital Management LLC acquiring a substantial stake. This development, marked by the acquisition of 3.224190% of Filtronic’s shares, could impact the company’s market positioning and influence its strategic decisions, potentially affecting stakeholders and future operations.
Filtronic PLC has announced a change in the voting rights held by David and Monique Newlands, who have reduced their stake in the company. The total voting rights now stand at 9.992%, down from a previous 10.974%. This adjustment in holdings may impact the company’s shareholder dynamics and influence future decision-making processes.
Filtronic plc announced that Mrs. D.M. Dixon now holds 20,000,000 ordinary shares, representing 9.1% of the company’s issued share capital, while Mr. M.H. Dixon has sold his remaining 2,500,000 shares. This change in shareholding could influence the company’s stakeholder dynamics and potentially impact its market positioning.
Filtronic PLC has announced a change in its voting rights structure following an acquisition by Dowgate Wealth Limited, which now holds a 5.0215% stake in the company. This development signifies a notable shift in the ownership dynamics of Filtronic, potentially impacting its strategic decisions and stakeholder interests.
Filtronic has secured its largest contract to date with SpaceX, valued at $32.5 million, for the supply of its E-band Cerus 32 Solid State Power Amplifier. This contract, part of a strategic partnership with SpaceX, is expected to significantly boost Filtronic’s revenue for FY2026 and reinforces its reputation in the high-growth space market. The order also results in the vesting of a substantial number of share warrants, reflecting the company’s ongoing success and investment in its technology roadmap.
Filtronic has secured a new £0.8 million contract with defense prime Leonardo to supply high-performance modules for an airborne radar application. This order will enhance Filtronic’s product offerings for Leonardo’s AESA radar system and will be fulfilled in the second half of the next financial year. The modules will be manufactured at Filtronic’s advanced facility in Sedgefield, reflecting the company’s commitment to innovation and technological leadership. This contract win underscores Filtronic’s strong relationship with Leonardo and its strategic focus on the defense market, which is crucial for its growth plans.
Filtronic PLC has announced a change in its shareholder structure, with Harwood Capital LLP reducing its voting rights from 4.7058% to 3.4018%. This adjustment in holdings reflects a significant shift in the company’s ownership dynamics, potentially impacting its strategic decision-making and stakeholder relations.
Filtronic has secured a significant contract to develop and supply advanced filter and diplexer assemblies for Airbus Defence and Space, supporting the expansion of the Eutelsat OneWeb Low Earth Orbit satellite constellation. This contract aligns with Filtronic’s strategy to enhance its presence in the space sector, potentially leading to further orders as the constellation rollout continues, thus strengthening its market position and broadening its customer base.
Filtronic plc has secured a significant contract to develop and supply advanced filter and diplexer assemblies for Airbus Defence and Space, supporting the expansion of the Eutelsat OneWeb Low Earth Orbit satellite constellation. This contract aligns with Filtronic’s strategy to expand its capabilities in the space sector and enhances its role within this high-growth market.
Filtronic plc announced that it expects to exceed market expectations for FY2025 and FY2026 due to increased manufacturing capacity and strong customer demand. The company has made substantial progress in its financial performance, driven by new programs in the defence and space markets, and is confident in its growth trajectory.
Filtronic has secured a new contract to develop feeder link technology for the European Space Agency and Viasat’s Direct-to-Device initiative, aimed at delivering 5G non-terrestrial services directly to handheld devices. This collaboration, part of ESA’s ARTES 4.0 program, will see Filtronic working on high-throughput satellite communications, enhancing both uplink and downlink transmissions. The project builds on previous collaborations and is supported by the UK Space Agency, positioning Filtronic as a key player in the future of global connectivity and space-based communications.
Filtronic plc announced that its Chief Financial Officer, Michael Tyerman, has transferred shares into his ISA by selling 4,163 Ordinary Shares at 82.4 pence and purchasing 4,131 Ordinary Shares at 82.9 pence. This transaction results in Mr. Tyerman holding 398,631 Ordinary Shares, which constitutes 0.18% of the company’s total issued share capital.
Filtronic plc announced a transaction involving the transfer of shares by the wife of its Chief Financial Officer, Michael Tyerman. The transaction involved the sale and purchase of 4,500 Ordinary Shares at 77 pence each, transferred into an ISA, with no change to Michael Tyerman’s beneficial interest in the company.