MicroSalt plc (SALT) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 51.78K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.40
• Revenue Growth: 147.18%
• EPS Growth: 3.11%
• Country: UK
• Employees: 5
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): -0.03
• Shares Outstanding: 51,963,276
• 10 Day Avg. Volume: 32,244
• 30 Day Avg. Volume: 51,777
• PEG Ratio: -0.05
• Price to Book (P/B): -7.21
• Price to Sales (P/S): 14.89
• P/FCF Ratio: -1.76
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 52 Neutral
• Price Target: 66.00p ▲(3.94% Upside)

MicroSalt plc's stock score is primarily influenced by its challenging financial performance, with persistent losses and negative equity. While technical indicators suggest some positive momentum, the negative P/E ratio and lack of dividend yield weigh on the valuation. The absence of earnings call data and corporate events limits further insights.

MicroSalt plc Business Overview & Revenue Model

Company Description

MicroSalt plc (SALT) is an innovative food technology company focused on developing and commercializing low-sodium salt alternatives for the food and beverage industry. The company operates primarily in the food sector, providing healthier seasoning solutions that cater to the growing demand for reduced sodium intake among consumers. MicroSalt's core product line includes its proprietary micro salt technology, which allows for a significant reduction in sodium content while maintaining the flavor profile of traditional salt, appealing to health-conscious consumers and food manufacturers alike.

How the Company Makes Money

MicroSalt generates revenue through the sale of its proprietary micro salt products to food manufacturers and retailers. The company's revenue model is primarily based on direct product sales, where it supplies its low-sodium salt alternatives to a variety of clients in the food industry, including snack food companies, restaurants, and packaged food producers. Additionally, MicroSalt may engage in strategic partnerships and collaborations with major food brands to further expand its market reach and distribution channels. These partnerships can also lead to co-branding opportunities and joint marketing initiatives, contributing to increased sales and brand recognition. The growing trend towards healthier eating and regulatory pressures to reduce sodium levels in food products provide a favorable market environment that further supports the company's revenue generation efforts.

MicroSalt plc Financial Statement Overview

Summary

MicroSalt plc faces significant financial challenges, with persistent losses and negative equity. Despite revenue growth, the lack of profitability and negative cash flows indicate substantial operational and financial hurdles.

Income Statement

MicroSalt plc has been experiencing consistent increases in revenue over the years, with a revenue growth of 30.66% from 2023 to 2024. However, the company has not yet achieved profitability, as demonstrated by negative gross profit margins, net profit margins, and EBIT margins over the analyzed period. This indicates challenges in managing costs and achieving operating efficiency.

Balance Sheet

The balance sheet reflects significant financial distress, with a negative stockholders' equity position in the latest year, indicating liabilities exceed assets. The company also has a concerning debt-to-equity ratio due to negative equity, suggesting high financial leverage and potential solvency issues. These factors highlight a weak financial position.

Cash Flow

Cash flow analysis shows a substantial negative free cash flow, indicating the company is currently consuming more cash than it generates. Despite this, there was a significant financing cash flow, suggesting reliance on external financing to manage operations. The operating cash flow to net income ratio is negative, further emphasizing cash flow challenges.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	750.00K	574.00K	638.00K	33.00K	12.00K
Gross Profit	-438.00K	-150.00K	197.00K	-63.00K	-9.00K
EBITDA	-5.81M	-3.34M	-2.41M	-1.15M	-797.00K
Net Income	-6.13M	-3.48M	-1.94M	-907.00K	-832.00K
Balance Sheet
Total Assets	2.54M	2.27M	667.00K	428.00K	138.00K
Cash, Cash Equivalents and Short-Term Investments	261.00K	117.00K	91.00K	18.00K	9.00K
Total Debt	2.75M	2.52M	170.00K	860.00K	115.00K
Total Liabilities	4.09M	4.27M	335.00K	914.00K	127.00K
Stockholders Equity	-1.55M	-2.00M	62.00K	-786.00K	17.00K
Cash Flow
Free Cash Flow	-6.34M	-2.78M	-2.09M	-1.29M	-557.00K
Operating Cash Flow	-5.93M	-2.59M	-1.97M	-1.28M	-545.00K
Investing Cash Flow	-399.00K	-189.00K	-116.00K	-9.00K	-12.00K
Financing Cash Flow	6.47M	2.80M	2.16M	1.30M	536.00K

MicroSalt plc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 63.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:SALT, the sentiment is Positive. The current price of 63.5 is below the 20-day moving average (MA) of 65.30, above the 50-day MA of 58.14, and below the 200-day MA of 64.60, indicating a neutral trend. The MACD of 1.95 indicates Positive momentum. The RSI at 56.05 is Neutral, neither overbought nor oversold. The STOCH value of 44.09 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:SALT.

MicroSalt plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GNC	67 Neutral	£1.07B	20.39	12.12%	0.82%	0.49%	14.18%
HFG	66 Neutral	£611.25M	15.62	12.72%	5.07%	8.58%	-15.81%
BAKK	64 Neutral	£1.31B	35.24	5.88%	2.61%	0.59%	-41.66%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
UKR	54 Neutral	£3.07M	-0.98	-94.96%	―	15.00%	-592.50%
SALT	52 Neutral	―	―	-1427.02%	―	147.18%	3.11%

MicroSalt plc Corporate Events

MicroSalt PLC Reports Record Revenue and Expands Global Presence in H1 2025

MicroSalt PLC reported significant financial and operational progress in the first half of 2025, achieving record revenue of $0.8 million, a substantial increase from the previous year. The company reduced its net loss and expanded its market presence in the UK and Belgium, while strengthening its sales pipeline with major food manufacturers. The successful launch of MicroSalt® Premium and strategic focus on bulk ingredient sales have positioned the company for sustained financial improvements. Looking ahead, MicroSalt anticipates significant sales growth with new product lines and increased demand from multinational FMCG companies, indicating a promising outlook for the coming years.

The most recent analyst rating on (GB:SALT) stock is a Hold with a £54.00 price target. To see the full list of analyst forecasts on MicroSalt plc stock, see the GB:SALT Stock Forecast page.

MicroSalt Announces Board Changes Amid Growth Phase

MicroSalt plc, a company involved in the food technology sector, has announced changes to its board responsibilities. The company is seeking a new external CFO as Konrad Dabrowski steps down due to other commitments. In the interim, Gary Urmston, a Non-Executive Director, will serve as part-time CFO. This transition is part of MicroSalt’s strategy as it enters a new growth phase, reflecting its enhanced internal accounting resources.

The most recent analyst rating on (GB:SALT) stock is a Hold with a £54.00 price target. To see the full list of analyst forecasts on MicroSalt plc stock, see the GB:SALT Stock Forecast page.

MicroSalt plc Reports Record Sales and Anticipates Further Growth Amid Regulatory Challenges

MicroSalt plc has reported a significant increase in its B2B bulk business, with record sales of $0.9 million in the first half of 2025, marking a 72% increase from the previous half. The company anticipates further growth with increased volume projections from a major North American customer, potentially leading to sales exceeding $5 million in 2026. However, regulatory delays concerning food colorings have adjusted 2025 sales estimates to $2 million. Despite these challenges, MicroSalt remains optimistic about its future prospects, supported by a robust sales pipeline and ongoing expansion into new markets.

MicroSalt Identifies Missed Related Party Transaction, Implements Controls

MicroSalt plc announced the discovery of further payments totaling approximately USD 330k made to Tekcapital plc and/or its subsidiaries, which were identified as a missed related party transaction. These payments, made between July and September 2024, were not contractually required at the time and were not disclosed as per AIM Rule 13. The Independent Directors, led by Chair Judith Batchelar, have implemented enhanced systems and controls to prevent recurrence and have closed their investigation, confirming the transactions were bona fide liabilities and correctly accounted for in the company’s financial statements.

MicroSalt Investigates Unapproved Debt Repayment

MicroSalt plc has announced that its independent directors have discovered an early, partial debt repayment of USD 150,000 made to Tekcapital Europe Limited, which constitutes a related party transaction. The directors were unaware of this transaction at the time, and it was not deemed fair and reasonable. They are urgently investigating the circumstances surrounding this repayment and will provide further updates as necessary.