OTC : FLTCF

Filtronic plc — News

$3.25 USD

$0.04 (1.25%)

Volume
17.68K
Average Volume
582.29K
Market Capitalization
$714.81M
P/E Ratio
116.91
Dividend Yield
0.00%
Price Target
Year High
$8.50
Year Low
$1.59
Day High
Day Low
Payout Ratio
$0.00
Current Ratio
$1.89
Source Headline
Filtronic slides 10% as profits fall despite record SpaceX order

Shares in Filtronic PLC (LSE:FTC) fell 10%, or 25p, to 225p after the radio frequency specialist reported a sharp drop in annual profits. Operating profit at the AIM-listed designer of products for the aerospace, defence, telecoms and space markets fell to £4 million from £13.4 million.

proactiveinvestors.co.uk - 2026-08-04 04:47:20

Get SpaceX Exposure Through Its Partner Filtronic

Filtronic Plc (OTCPK:FLTCF) is a key supplier of GaN-based RF amplifiers for SpaceX's Starlink, underpinning next-gen satellite communications. FLTCF's strategic partnership with SpaceX includes equity warrants, signaling confidence in Filtronic's growth and deepening its role beyond a traditional supplier. Despite heavy customer concentration risk and Musk's cost discipline, FLTCF's high margins, pricing power, and sector-leading profitability justify a premium valuation.

seekingalpha.com - 2026-05-29 09:52:17

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