SRT Marine Systems – investors begin to wake up to this group’s future prospects, shares now 85p, SQC TP 150p!

Mark Watson-Mitchell
1 day ago
2 min read

Mark Watson-Mitchell – 17.10.2025

With the significant ‘insider’ purchase of a chunk of this group’s shares days after the company announced a massive piece of contract news, interest is growing again in the prospects for the business.

Within the next week, we should be seeing a substantial uplift in investor attention as the SRT Marine Systems (LON:SRT) presents its Annual Results for the year to end-June, due next Wednesday, 22^nd October.

At 8am that day, boss Simon Tucker presents another edition of his Open Live Webcasts (sign on to attend using investor@srt-marine.com), which I consider an absolute must if you want to learn more about the excellent prospects for this thriving business.

The Business

Based in Midsomer Norton, near Bath, the £ 213 m capitalised SRT Marine Systems is a global company that develops and provides integrated maritime surveillance, monitoring, management, and safety systems used by coast guards, fisheries authorities, infrastructure and vessel owners for the purpose of managing and controlling their maritime domain.

The applications for its products and services include security, safety, search & rescue, law enforcement, fisheries management, illegal fishing detection and environment monitoring.

The Recent Contract News

A month ago, the group announced that it had received formal notification of a new system contract award from a sovereign customer, expected to be worth approximately $200m.

This contract, subject to project contract completion and financing, will provide a maritime surveillance system to address maritime domain challenges.

Once active, the new contract will add to the company's existing active contract book of approximately £330m, which is currently being implemented for five sovereigns.

The award stems from the company's £1.4bn validated sales pipeline.

My View

This group’s brokers, Cavendish Capital Markets, are looking for the current year to end-June 2026 to see revenues up to £115.8m (£77.5m) while adjusted pre-tax profits could more than double to £10.2m (£4.7m), lifting earnings to 4.1p (2.1p) per share.

As we gradually realise the potential of the group’s sales pipeline, I still believe that its shares, now 85p, will react severely upwards to smash through my 150p Target Price.