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Last 24.38 GBp
Change Today 0.00 / 0.00%
Volume 360.0K
As of 11:35 AM 07/3/15 All times are local (Market data is delayed by at least 15 minutes).

spectra systems corp (SPSY) Snapshot

24.38 GBp
Previous Close
24.38 GBp
Day High
24.38 GBp
Day Low
24.38 GBp
52 Week High
09/1/14 - 30.75 GBp
52 Week Low
12/2/14 - 17.50 GBp
Market Cap
Average Volume 10 Days
0.02 GBp
Shares Outstanding
Dividend Yield
Current Stock Chart for SPECTRA SYSTEMS CORP (SPSY)

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spectra systems corp (SPSY) Details

Spectra Systems Corporation invents, develops, manufactures, and markets integrated optical systems for secure transactions. It operates through three segments: Authentication Systems Group, Secure Transactions Group, and Banknote Cleaning Group. The company’s products include integrated solutions that consist of taggant materials and sensor equipment used by central banks for currency authentication, and for passport security; and hardware and software systems for the verification of signatures of the authentication materials. It also develops a banknote cleaning solution that lifts sebum and other substances from the banknote; and provides software tools to the lottery and gaming industries for fraud detection, money laundering, match fixing, and statistical analysis. In addition, the company offers authentication systems and services, which comprise security materials, software and hardware components, and technical support; and security products for use in packaging materials, including paper, cardboard, inks, coatings, films, plastics, and glass. Further, it provides 2D barcode in glass for brand protection and tracking; UV security materials for direct product encoding; machine readable coatings for pharmaceuticals; and digital watermarking for fabrics. Additionally, the company offers security, tracking, authentication, and quality assurance products that are used in currencies, security documents, consumer product packaging, and real-time monitoring of product quality during manufacturing. Spectra Systems Corporation sells its integrated solutions for various markets, such as currency manufacturing and cleaning, branded products, industrial logistics, and other highly sensitive documents. It operates in 34 countries. The company was formerly known as Spectra Science Corporation and changed its name to Spectra Systems Corporation in June 2001. Spectra Systems Corporation was founded in 1996 and is headquartered in Providence, Rhode Island.

32 Employees
Last Reported Date: 06/22/15
Founded in 1996

spectra systems corp (SPSY) Top Compensated Officers

Founder, Chief Executive Officer, President, ...
Total Annual Compensation: $544.7K
Compensation as of Fiscal Year 2013.

spectra systems corp (SPSY) Key Developments

Spectra Systems Corporation Announces Nine Year Contract with Chinese Supplier of Secure Government Certificates

Spectra Systems Corporation announced that it has entered into a supply contract with a Chinese manufacturer of secure documents. The contract relates to the supply by Spectra Systems of at least $5.6 million of high margin materials and up to $0.5 million of hand-held readers, over a term of 9 years commencing in July 2016. The contract requires minimum annual materials revenues of $0.625 million, whether or not such materials are ordered. The delivery of these materials to the new customer will not require additional staffing at the company.

Spectra Systems Corporation expected to report Q1 2015 results on July 4, 2015. This event was calculated by Capital IQ (Created on June 29, 2015).

Spectra Systems Corporation expected to report Q1 2015 results on July 4, 2015. This event was calculated by Capital IQ (Created on June 29, 2015).

Spectra Systems Corporation Reports Unaudited Preliminary Earnings Results for the Year Ended December 31, 2014

Spectra Systems Corporation reported unaudited earnings results for the year ended December 31, 2014. The company reported revenue of $16,906,000, adjusted EBITDA of $2,143,000, adjusted EBITA of $1,710,000, profit of $1,043,000 or $0.02 per basic and diluted share against revenue of $11,572,000, adjusted LBITDA of $657,000, adjusted LBITA of $811,000, loss of $3,002,000 or $0.07 per basic and diluted share a year ago. Net cash used in operating  activities was $1,746,000 against $289,000 a year ago. Purchase of property, plant and equipment was $355,000 against $770,000 a year ago.


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