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Structural Monitoring Systems Plc (ASX:SMN)

ALERT: Price-sensitive ASX Announcement for SMN
Current share price for SMN : $0.370 -0.02 (-5.13%)+
Announcement
Release
27 Feb 2026 9:21AM
Price at Release
$0.390
Full Release
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Summary
Structural Monitoring Systems Plc's half-year report for the period ending 31 December 2025 details a financial review and operational performance. The company reported revenue growth of 31% compared to the same period in the previous year, totaling AUD 16.523 million. Despite this increase, the company recorded a net loss of AUD 93,000, a significant improvement from the AUD 2.31 million loss in the previous period. The report highlights a gross profit increase to AUD 8.057 million from AUD 6.308 million in 2024, while operating expenses, including administrative and employee costs, were detailed. The company's net tangible asset backing improved to 10.42 cents per share, up from 8.56 cents. No dividends were declared for this period. The report also notes share-based payment transactions and changes in equity, indicating ongoing financial restructuring efforts. The company continues to focus on its principal activities in designing and manufacturing electronic products for the aviation industry.
Key Points
  • Revenue increased by 31% year-on-year to AUD 16.523 million.
  • Net loss reduced to AUD 93,000 from AUD 2.31 million.
  • Gross profit was AUD 8.057 million, up from AUD 6.308 million.
  • Net tangible asset backing improved to 10.42 cents per share.
  • No dividends were declared during the half-year period.
  • Continued focus on electronic product design and manufacturing for aviation.
  • Share-based payment transactions and equity changes indicate restructuring efforts.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.