Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 4.76M | 4.44M | 3.05M | 2.27M | 1.69M | 872.27K |
Gross Profit | 1.45M | -69.34K | 156.75K | -401.65K | -433.70K | -435.80K |
EBITDA | -776.75K | -1.06M | -331.46K | -1.02M | -1.10M | -924.38K |
Net Income | -837.29K | -1.30M | -598.15K | -1.20M | -1.02M | -969.95K |
Balance Sheet | ||||||
Total Assets | 4.68M | 4.14M | 4.82M | 3.59M | 4.46M | 3.64M |
Cash, Cash Equivalents and Short-Term Investments | 1.14M | 1.02M | 1.28M | 339.67K | 1.54M | 1.56M |
Total Debt | 295.55K | 253.92K | 32.70K | 139.31K | 137.27K | 155.66K |
Total Liabilities | 1.43M | 1.62M | 1.02M | 850.29K | 614.69K | 789.69K |
Stockholders Equity | 3.25M | 2.52M | 3.80M | 2.74M | 3.84M | 2.85M |
Cash Flow | ||||||
Free Cash Flow | -1.01M | -239.83K | -689.96K | -1.23M | -1.96M | -960.86K |
Operating Cash Flow | -890.14K | -94.65K | -629.15K | -1.07M | -1.81M | -889.27K |
Investing Cash Flow | -112.93K | -136.52K | 8.61K | -152.64K | -155.78K | -53.28K |
Financing Cash Flow | 864.16K | -15.59K | 1.58M | 12.71K | 1.94M | -6.18K |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
75 Outperform | £14.73M | 20.40 | 6.94% | ― | 15.82% | 37.50% | |
63 Neutral | £505.90M | 23.92 | -8.45% | 170.41% | 4.53% | -18.72% | |
52 Neutral | £14.37M | ― | -26.44% | ― | 17.06% | -78.26% | |
50 Neutral | £13.40M | ― | -28.36% | ― | -11.33% | -139.92% | |
49 Neutral | £11.71M | ― | -28.72% | ― | -17.02% | 10.29% | |
46 Neutral | £16.20M | ― | -28.02% | ― | 17.50% | 20.14% |
Cordel Group PLC reported an 8% increase in revenue for the fiscal year ending June 2025, reaching £4.79 million, with a significant improvement in cash flow and operating margin due to a shift towards software revenues and careful expense management. Despite delays in revenue from new contracts, the company added five new customers, including two major USA railroads, and plans to invest further in marketing and delivery to support the rollout of its new Positive Train Control platform, which has garnered international interest.
Cordel Group PLC announced that its Chairman, Ian Buddery, has purchased 358,150 ordinary shares, increasing his total holdings to 9,831,626 shares, which represents 4.53% of the company’s voting rights. This transaction also raises the Concert Party’s aggregate holding to 35.23% of the company’s issued share capital, potentially impacting the company’s governance and shareholder dynamics.
Cordel Group PLC anticipates revenue growth of up to 12% for the fiscal year ending June 2025, despite economic uncertainties in the USA affecting sales cycles and delaying revenue recognition. The company has secured contract expansions and new customers, with an improved cash position expected. Progress in their Positive Train Control product initiative, including a contract with a major Class 1 railroad, positions Cordel for future growth, with significant revenue expected in FY26.
Cordel Group PLC announced a change in the vesting conditions for Chief Revenue Officer Mike Turner’s options, aligning them with the company’s fiscal year 2025 bookings target. This adjustment emphasizes the importance of securing multi-year recurring revenue contracts, particularly those involving Positive Train Control, to support the company’s long-term growth objectives.
Cordel Group PLC has secured a new five-year contract with a leading Class 1 freight railroad in the USA, valued at over $3.7 million, with an additional $3.8 million provision for their upcoming PTC Asset Management SaaS. This contract, which involves the use of Cordel’s AI-driven platform for rail corridor data analytics, marks Cordel’s second Class 1 multi-year contract and third major customer in the USA, alongside Amtrak and Genesee & Wyoming, reinforcing its position as a leader in transport corridor analytics.
Cordel Group PLC, a UK-based company, has issued a notification regarding a change in the name of a shareholder entity from Amati AIM VCT plc to Maven Renovar VCT PLC, following a change of investment manager to Maven Capital Partners UK LLP. This notification does not indicate any change in the position held by the company, but serves to inform stakeholders of the name change, maintaining transparency in its shareholder structure.
Cordel Group PLC has announced a new contract with DG8 Design and Engineering Ltd to supply their LiDAR and AI technology for integration into Network Rail’s Class 153 visual inspection units. This collaboration aims to enhance infrastructure monitoring services, improve maintenance efficiency, and provide valuable insights through the Cordel Connect platform, potentially strengthening Cordel’s position in the transport analytics market.
Cordel Group PLC has appointed Ms. Kayden Howard to its international Advisory Board. With extensive experience in the US railroad industry, Howard’s expertise is expected to significantly contribute to Cordel’s growth, particularly in the US market. Her appointment aligns with the company’s strategic focus on expanding its presence in the US, especially with the upcoming launch of its Positive Train Control product.