Satsuma Technology (LON:SATS) Issues Quarterly Earnings Results

Satsuma Technology (LON:SATSGet Free Report) announced its earnings results on Thursday. The company reported GBX (2.95) earnings per share for the quarter, Digital Look Earnings reports.

Satsuma Technology Price Performance

Shares of LON SATS remained flat at GBX 0.21 during midday trading on Thursday. Satsuma Technology has a 1 year low of GBX 0.18 and a 1 year high of GBX 13.90. The firm has a market cap of £23.42 million and a PE ratio of -0.04. The company has a 50-day moving average price of GBX 0.21 and a two-hundred day moving average price of GBX 0.22.

Satsuma Technology Company Profile

(Get Free Report)

Satsuma Technology plc is a London‐listed provider of electric vehicle (EV) battery management and swapping solutions. The company designs, engineers and supplies modular battery swapping stations, robotics for automated battery exchange and a cloud‐based software platform to manage battery inventory, charging schedules and payment processing. By offering battery‐as‐a‐service, Satsuma Technology helps fleet operators and vehicle manufacturers reduce the upfront cost and logistical complexity of EV deployment.

The company focuses primarily on two‐ and three‐wheeler fleets used in last‐mile delivery, ride‐hailing and light commercial transport.

Recommended Stories

Receive News & Ratings for Satsuma Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Satsuma Technology and related companies with MarketBeat.com's FREE daily email newsletter.