Tan Delta Systems

TAND · AIM · Industrial Goods and Services · mcap £18m · 22.5p

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Financials · LTM to 30 Jun 26

Source: results 30 Sep 26 ↗

Revenue: £1.5m
Operating profit: –
Net income: −£1.6m
Free cash flow: −£1.3m
Net cash: £846k
Market cap: £16.5m
EV / EBIT: –
FCF yield: −7.6%
Price / book: 10.9×

Latest half-year · H1 26 vs H1 25 results 30 Sep 26 ↗

Revenue: £763k
Net income: −£746k
Cash from operations: −£643k

Extracted automatically from the company's results announcements; check the source before relying on a figure. Not investment advice.

Income statement Cash flow Balance sheet

Annual Half-yearly

Latest report: H1 26 (six months to 30 Jun 26), published 30 Sep 26 · read the results ↗

£m unless stated · newest first · italic = calculated (LTM, H2 = FY − H1) · hover a value for its source

	LTM Jun 26	FY 25	FY 24
Revenue	1.5	1.2	1.2
Exceptional / adjusting items	–	(0.0)	(0.0)
Depreciation (owned assets)	0.0	0.0	0.0
Depreciation (right-of-use)	0.0	0.0	0.0
Amortisation	0.0	0.1	0.1
Share-based payments	–	0.0	0.0
Finance costs	–	0.0	0.0
Profit before tax	(1.6)	(1.6)	(1.2)
Tax	–	0.0	0.0
Net income (owners)	–	(1.6)	(1.2)
EPS basic	–	(2.0p)	(2.0p)
EPS diluted	–	(2.0p)	(2.0p)

	H1 26	vs H1 25	H2 25	H1 25
Revenue	0.8	+45%	0.7	0.5
Depreciation (owned assets)	0.0	n/m	0.0	0.0
Depreciation (right-of-use)	0.0	n/m	0.0	0.0
Amortisation	0.0	n/m	0.0	0.0
Profit before tax	(0.7)	n/m	(0.8)	(0.8)
Net income (owners)	(0.7)	–	–	–

	LTM Jun 26	FY 25	FY 24
Cash from operations	(1.2)	(1.6)	(1.5)
Capex (PP&E)	(0.0)	(0.0)	(0.0)
Capex (intangibles)	–	–	(0.0)
Lease principal paid	(0.0)	(0.0)	(0.0)

	H1 26	vs H1 25	H2 25	H1 25
Cash from operations	(0.6)	n/m	(0.6)	(1.1)
Capex (PP&E)	(0.0)	n/m	(0.0)	(0.0)
Lease principal paid	(0.0)	n/m	(0.0)	(0.0)

	Latest Jun 26	FY 25	FY 24
Other intangibles	–	0.1	0.1
Property, plant & equipment	0.1	0.1	0.1
Inventories	0.5	0.6	0.7
Trade receivables	0.3	0.4	0.3
Cash	0.8	1.5	3.1
Current assets	1.7	2.4	–
Total assets	1.8	2.6	4.4
Trade payables	0.3	0.3	0.5
Lease liabilities, current	0.0	0.0	0.0
Current liabilities	0.3	0.3	–
Lease liabilities, non-current	0.0	0.0	0.0
Total liabilities	0.3	0.3	0.6
Total equity	1.5	2.3	3.8

	H1 26	H2 25	H1 25	H2 24
Other intangibles	–	0.1	–	0.1
Property, plant & equipment	0.1	0.1	0.1	0.1
Inventories	0.5	0.6	0.7	0.7
Trade receivables	0.3	0.4	0.3	0.3
Cash	0.8	1.5	2.0	3.1
Current assets	1.7	2.4	3.0	–
Total assets	1.8	2.6	3.2	4.4
Trade payables	0.3	0.3	0.2	0.5
Lease liabilities, current	0.0	0.0	0.0	0.0
Current liabilities	0.3	0.3	0.2	–
Lease liabilities, non-current	0.0	0.0	0.0	0.0
Total liabilities	0.3	0.3	0.2	0.6
Total equity	1.5	2.3	3.0	3.8

Line items extracted automatically from each results announcement; when a later report restates a period, the later figure is shown. LTM and H2 are calculated from reported periods. Check the source before relying on a figure.

Company filings. Not investment advice.