Satsuma Technology (LON:SATS) Issues Quarterly Earnings Results

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

Satsuma Technology Stock Performance

Shares of Satsuma Technology stock remained flat at GBX 0.21 during trading on Friday. The firm has a market capitalization of £23.42 million and a PE ratio of -0.04. The business has a 50-day simple moving average of GBX 0.21 and a two-hundred day simple moving average of GBX 0.22. Satsuma Technology has a twelve month low of GBX 0.18 and a twelve month high of GBX 13.90.

Satsuma Technology Company Profile

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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.

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