This dividend update report was approved by the Directors of Spectra Systems Coorporation on the 26th day of March 2025.
This financial information has been prepared using the recognition and measurement principles of US Generally Accepted Accounting Principles. The Group has not elected to apply IAS 34 Interim Financial Reporting.
The principal accounting policies used in preparing the interim results are those the Company expects to apply in its financial statements for the year ending 31 December 2024 and are unchanged from those disclosed in the Company's Annual Report for the year ended 31 December 2023.
Other financial highlights include:
Revenue of $49,191k (2023: $20,288k) up 142.5%
Adjusted EBITDA up 77.9% at $14,929k (2023: $8,394k)
Adjusted PBTA up 46.6% to $12,064k (2023: $8,231k)
Adjusted earnings per share up 36% to US 18.9 cents (2023: US 13.9 cents)
Cash generated from operations of $9,899k (2023: $7,524k)
Cash of $13,354k (2023: $13,253k) and debt of $4,359k (2023 $5,583k) at
31 December
