In this Research Note, we examine Synectics plc, the UK-listed provider of large-scale electronic security systems for critical and regulated environments. This article is based on their Annual Results, year ending 30 November 2024 announced on 04th March 2025, and their InvestorMeet presentation on 10th March 2025. We covered their 2023 results in April last year. Synectics Profile Founded in 1985 and headquartered in Sheffield, UK, Synectics is a security and surveillance technology provider for complex and highly regulated markets.  The group has 7 sales and support hubs worldwide in Germany, USA, the Middle East, and Asia Pacifi,c and has 312 employees worldwide. The company has two distinct businesses: Synectics Systems, developing proprietary technology-led hardware and software solutions, and Ocular, formerly Synectics Security, a security systems Integrator, delivering solutions throughout the UK. 2024 Financial Highlights Revenue increased by 13.6% to £55.8 million (FY23: £49.1 million). Underlying operating profit increased by 56.8% to £4.8 million (FY23: […]