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CML Microsystems plc AIM:CML

Incorporated
United Kingdom
Chief executive
Chris Gurry
Employees
163
Reports in
GBP
Companies House
00944010
Technology
Where the figures come from
How we read

Read straight from the annual reports

Share price and financials

325p at close on 5 Oct 2026 · 8 reported years, 2019–2026

Years in viewFY2019 – FY2027
5 Oct 2026325p−37.5% since 3 Apr 2018
325p
LineFY201903/19FY202003/20FY202103/21FY202203/22FY202303/23FY202403/24FY202503/25FY202603/26FY2027unreported
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Adjusted minus statutory PBT———
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Dividend per share

GBP millions, negatives in brackets. Per-share lines in pence, share counts in millions. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated. The share price above is drawn to the same columns: each close sits over the financial year it fell in.

2 figures

8 years, at a glance

GBP · %
010m20m30m-10%0%10%20%30%FY2019FY2026

Dashed: Operating margin, in % on its own scale — read its shape, not its height against the bars.

FY2026Revenue£20.4mOperating margin−1.2%
The latest report

— annual report

JSONComing soon
Next report8 Jul 2027for the year to 31 Mar 2027, the date the register holds, plus this company's usual gap to publication
Sixty seconds on this reportPlaceholder

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From the reportevery line sits on the page it names
What drove revenue

12-year design and supply agreement with a leading global GNSS equipment manufacturer, valued at over $30m

Signed July 2025; validates CML's role as a systems-level partner, not just component supplier; initial 2-3 year design phase under way

page 7
And

Product mix concentrated in two of four verticals

Group revenues dominated by Professional & Industrial Communications (54%) and Industrial IoT (24%) in FY26

page 16
What moved the marginheadwind

Higher contribution from lower-margin NRE design-services income

Gross margin fell to 63% (FY25: 69%) driven by revenue mix including higher NRE income where margins are lower than on product sales and engineering costs are included in cost of sales

page 6
Andheadwind

Operating cost base marginally elevated

Distribution and administration costs of £15.28m (FY25: £15.14m) including exit costs from vacating old Fremont, California premises, partly offset by exclusion of fixed engineering costs reassigned to cost of sales

page 18
One-offs in the year

£5.9m credit: Profit on sale of excess land at Oval Park (2 plots, July 2025 and March 2026)

page 72
What management said

For FY27 the Board expects to see a return to revenue growth. Global uncertainties remain a risk...the Group is well placed to deliver on its growth ambitions across our target markets through an enlarged and increasingly differentiated product set.

page 7
After the year end

At the 1 April 2026 trading update the Group had anticipated reporting a statutory profit before tax of approximately £1.8m for FY26, based on the gain on land sale at Oval Park along with other exceptional items; the subsequent FY26 audit, applying IAS 16, instead recognised the £1.88m gain as a revaluation surplus within other comprehensive income rather than in the income statement

page 7
The dividend

Progressive dividend policy maintained through the multi-year transitional period, signalling confidence in long-term potential. Interim dividend of 5p paid 12 December 2025; proposed final dividend of 6p, taking total FY26 dividend to 11p (FY25: 11p total). Board continues to review the policy with a desire to reach the stage where payments are covered by trading profitability and cash flow at the operating level

page 7
Going concern and the audit

Auditor Cooper Parry Group Limited issued an unqualified opinion: financial statements give a true and fair view. Directors and auditor concluded the going concern basis is appropriate with no material uncertainties identified over at least 12 months from approval. Key audit matters: revenue recognition, carrying value of goodwill, and capitalisation/valuation of development costs; overall Group materiality set at £307,000 (~1.5% of revenue)

page 51
The risks it names first
  • Imposition of trade tariffs on the global economy, with potential downward impact on revenue and profitabilityp.14
  • Foreign exchange risk - Group cash balances and earnings linked to the US Dollar, exposing it to transactional and translational FX riskp.14
  • Customer dependency - a small number of key customers can represent a significant amount of revenue in any given periodp.14
  • Supply chain dependency, interruption and cost inflation - products developed on specific sole-sourced silicon or compound semiconductor processesp.14

Read from C000302-AR-2026-ch.

Filings

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Sources: Companies House (7)

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Every figure above,
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