Interim report
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30 September 2026 This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation ( EU ) No 596/2014 , which is part of UK law by virtue of the European Union ( Withdrawal ) Act 2018 , as amended ( " MAR " ) . Upon the publication of this announcement via a Regulatory Information Service , this inside information is now considered to be in the public domain . Spectra Systems Corporation Interim Results for the Six Months Ended 30 June 2026 Spectra Systems Corporation ( " Spectra Systems " or the " Company " ) , a leader in machine - readable high speed banknote authentication , security printing , brand protection technologies and gaming security software , announces its unaudited interim results for the six months ended 30 June 2026 Financial highlights : • • • • Revenue of $ 21,620k ( 2025 : $ 34,965k ) down 38.2 % Adjusted EBITDA¹ down 68.7 % at $ 4,932k ( 2025 : $ 15,764k ) Adjusted PBTA¹ down 71.2 % to $ 4,138k ( 2025 : $ 14,347k ) Adjusted earnings per share down 68.2 % to US 6.7 cents ( 2025 : US 21.1 cents ) Cash used in operations $ ( 548k ) ( 2025 : $ ( 670k ) ) Cash³ of $ 14,893k ( 2025 : $ 2,556k ) and debt of $ 1,969k ( 2025 : $ 3,718k ) at 30 June 2026 Annual dividend of $ 0.136 per share ( 2025 : $ 0.116 per share ) , totaling $ 6,586k , declared on 30 March 2026 and paid on 17 July 2026 1 Before stock compensation expense and excludes non - controlling interest 2 Before amortization and stock compensation expense and excludes non - controlling interest 3 Does not include $ 1,439k ( 2025 : $ 5,000k ) of restricted cash ( central bank customer ) and investments . Cash at 30 June 2026 is stated before payment of the $ 6,586k dividend on 17 July 2026 Operational highlights : Executed a contract with HMRC with our partner , SICPA SA , for the production , supply , and tracking of UK vaping duty with an estimated gross value of $ 43.8M over five years Delivered a 10,000 - sheet production sample to one of the four central banks we are engaged with which was successful and resulted in our qualification for participation in upcoming tenders Passed all laboratory tests and 2nd stage qualification with the Central Bank of Thailand Initiated and subsequently executed a licensing agreement with Oberthur Fiduciaire SAS for the Kryptonome polymer banknote security feature on preferential terms Modified our existing agreements and expanded our polymer supply chain to include a second qualified supplier of the BOPP substrate