SOLID STATE PLC (SOLI) — FY 2026 results & prospects

Investor webinar replay

Replay transcript excerpt

Good afternoon, ladies and gentlemen, and welcome to the SOLID STATE PLC results presentation. Before we begin, we would like to submit the following poll, which you will see on your screens. Throughout the presentation, investors will be in listen only mode. However, questions are encouraged and can be submitted at any time via the q and a tab on the right of your screen. The company may not be able to answer every question. However, it will review all questions submitted and publish responses where appropriate. These will then be available via your dashboard. I will now hand over to Chief Executive Officer, John McMichael and Chief Financial Officer, Pete James. Thank you. Thank you for joining us this afternoon, everybody. You can see the agenda there. We'll take Q and A at the end, and we'll try and move through the presentation as quickly as possible for you. We have with you myself, John McMichael, recently appointed CEO, and Peter James, our CFO. For those that know the group already, this may appear a little different. The group is structured in three divisions. We have STATE PLC, which is our systems business, Custom Power, which is our power business, that's a battery pack manufacturer, and SOLID STATE, our components business. We were previously two divisions, systems and components. This is the first year that we're reporting as three. Frankly, that is just to allow us much better transparency, for investors, but also for us, under the mantra of what gets measured gets done. We now have greater visibility of our revenue generating units. I always make no apology for putting this slide up. We always show this, frankly, to demonstrate that we're conscious that a good business needs a good board. It needs a good board with strong oversight and scrutiny, but ...