SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 0.39
Dividend & Yield0.09£ (5.98%)
Beta 0.47
Market capitalization 63.57M
Operating cash flow 10.87M
ESG Scores unknown

Company description

Spectra Systems Corporation invents, develops, and sells integrated optical systems in Rhode Island and internationally. It operates through three segments: Authentication Systems, Secure Transactions, and Banknote Cleaning. The company offers integrated solutions, including a system of taggant materials and sensor technology to authenticate banknotes that are used by central banks, as well as G7 country for passport security; banknote cleaning and disinfection systems that lifts sebum and other substances from the banknote through a dry process based on supercritical CO2 cleaning; and solutions to authenticate brand name products. It also provides optical materials for security and quality control, such as fluorescent and phosphorescent pigments and dyes, invisible pigments and dyes, and gasochromic response materials; customized materials and hardware solutions; and internal control systems used to verify the accuracy of transactions logged by providers of lottery and gaming operators. In addition, the company offers software and hardware systems comprising high-speed currency authentication sensors; quality control equipment for use in paper and polymer banknote manufacturing and printing; and security printers and hologram makers. The company was formerly known as Spectra Science Corporation and changed its name to Spectra Systems Corporation in June 2001. Spectra Systems Corporation was incorporated in 1996 and is headquartered in Providence, Rhode Island.

Sector: Technology - Industry: Software—Application

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -275.23k 724.98k 452.31k 679.91k
Total Cashflows From Investing Activities -531.2k -1.02M -669.43k 88.42k
Net Borrowings
Total Cash From Financing Activities -2.72M -3.18M -5.1M -5.43M
Change To Operating Activities -723.14k -262.98k -410.34k -218.3k
Issuance Of Stock 10.8k 31.57k 12.1k 37.74k
Net Income 4.05M 4.34M 5.12M 5.16M
Change In Cash 1.48M 1.59M -212.06k 2.74M
Effect Of Exchange Rate -10.03k -1.73k -13.6k -1.38k
Total Cash From Operating Activities 4.74M 5.79M 5.57M 8.08M
Depreciation 1.01M 1.28M 1.22M 1.09M
Change To Account Receivables 204.85k -576.55k -1.17M 192.78k
Other Cashflows From Financing Activities
Change To Netincome 239.1k 86.7k 59.69k 805.74k
Capital Expenditures -205.96k -521.61k -457.77k -76.11k

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development 1.83M 1.74M 1.6M 1.4M
Income Before Tax 4.04M 4.54M 5.43M 5.94M
Net Income 4.05M 4.34M 5.12M 5.16M
Selling General Administrative 3.25M 3.3M 3.14M 3.21M
Gross Profit 8.97M 9.39M 10.07M 10.52M
Ebit 3.89M 4.35M 5.33M 5.91M
Operating Income 3.89M 4.35M 5.33M 5.91M
Interest Expense
Income Tax Expense -19.11k 200k 304k 878k
Total Revenue 12.49M 13.23M 14.68M 16.59M
Cost Of Revenue 3.53M 3.85M 4.61M 6.07M
Total Other Income ExpenseNet 146.99k 186.66k 98.78k 33.13k
Net Income From Continuing Ops 4.05M 4.34M 5.12M 5.07M
Net Income Applicable To Common Shares 4.05M 4.34M 5.12M 5.16M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 2.34M 4.22M 4.68M 5.23M
Total Stockholder Equity 25.88M 27.11M 27.48M 27.28M
Other Current Liabilities 959.73k 1.65M 1.95M 2.52M
Total Assets 28.22M 31.33M 32.9M 33.15M
Common Stock 455.05k 458.99k 455.55k 453.04k
Other Current Assets
Retained Earnings -29.85M -28.73M -27.73M -26.87M
Treasury Stock -113.6k -120.83k -135.03k -136.88k
Cash 12.66M 14.25M 14.04M 16.78M
Total Current Liabilities 1.8M 2.61M 3.17M 3.73M
Other Stockholder Equity -113.6k -119.14k -135.03k -136.88k
Property, Plant, and Equipment 1.59M 2.79M 2.91M 2.41M
Total Current Assets 17.29M 19.31M 20.17M 21.89M
Net Tangible Assets 19.18M 20.76M 20.28M 20.12M
Net Receivables 1.21M 1.79M 3.06M 2.87M
Accounts Payable 269.33k 357.38k 533.55k 489.53k


Insider Transactions

Here are the insider transactions of stock shares related to SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE:

Filer Name Transaction Text Ownership Date Filer Relation Shares
McLain (Brian E.)Exercise of Option at price 0.49 per share.D2022-05-24155.24k
McLain (Brian E.)Exercise of Option at price 0.49 per share.D2021-04-0938k
Penn (Buddie J.)Exercise of Option at price 0.60 per share.D2021-04-0951.97k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE

Here is the result of two systematic investment strategies applied to SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE

The following chart shows the equity curve of the two systematic investment strategies applied to SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE:

SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 19.73% on the backtest period.

Performance at glance

Performance

19.73 %

Latent gain

395.5 £

Invested capital

2004.5 £

Annualized return

4.74 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE

This is the result of two momentum investment strategies applied to SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE

The following chart shows all the entries opened by the momentum investment system on SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE:

SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE momentum entries
  • The first momentum investment strategy would give 28.43% of return on SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE. That represents 963.0£ of latent gain with 3387.0£ of employed capital.
  • The second momentum investment strategy would give 33.2% of return on SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE. That represents 860.0£ of latent gain with 2590.0£ of employed capital.
Performance at glance (1Q Momentum)

Performance

28.43 %

Latent gain

963.0 £

Invested capital

3387.0 £

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

33.2 %

Latent gain

860.0 £

Invested capital

2590.0 £

Annualized return

9.02 %

Momentum equity curve on SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE

The following chart shows the equity curve of the two momentum strategies applied to SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE:

SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE momentum equity

Note: the dividends potentially given by SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE

The following chart shows the employed capital evolution of the two momentum strategies on SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE since the beginning:

SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250£, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000£.


Buy the dip strategy result on SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE

Buy the dip entry openings on SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE

SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE

The performance achieved by the robo-advisor on SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE is 0.0%. That represents 0.0$ of latent gain with 600.0£ of employed capital. The following chart shows SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0.0 %

Latent gain

0.0 £

Invested capital

600.0 £

Annualized return

0.0 %

Equity curve of the strategy applied to SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE

The following chart shows the result of the investment strategy applied to SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE:

SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE

Note: the dividends potentially given by SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE

The following chart shows the employed capital evolution since the beginning of the investment strategy on SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE:

SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE

In this section, I will compare the three previous investment strategies applied to SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE.

Equity curve comparison on SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE investment strategy comparison

Employed capital comparison on SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE

SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE investment comparison

Performance comparison on SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 19.73% 395.5£ 2004.5£ 4.74%
Momentum 1 quarter 28.43% 963.0£ 3387.0£ 7.25%
Momentum 2 quarters 33.2% 860.0£ 2590.0£ 9.02%
Non-directional 0.0% 0.0£ 600.0£ 0.0%
Annualized return comparison

Automatic investment

4.74 %

Momentum 1Q

9.02 %

Momentum 2Q

9.02 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE:

Positive correlations

Most correlated stocks this year

  • SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE

  • Most correlated stocks last 3 months

  • SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE and the other stocks. There may be false positives or some missing correlated stocks. If the price of SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE
    Country United States
    City Providence
    Address 40 Westminster Street
    Phone 401 274 4700
    Website www.spsy.com
    FullTime employees
    Industry Software—Application
    Sector Technology
    Exchange XLON
    Ticker SPSC.XLON
    Market www.londonstockexchange.com

    SPECTRA SYSTEMS CORPORATION COM SHS USD0.01 (DI/RE ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown