PensionBee Group PLC (PBEE) AI Stock Analysis

• Market Cap: £383.80M
• Dividend Yield: N/A
• Average Volume (3M): 89.29K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.96
• Revenue Growth: 39.41%
• EPS Growth: 70.19%
• Country: UK
• Employees: 204
• Sector: Technology
• Sector Strength: 78
• Industry: Software - Application
• EPS (TTM): -0.01
• Shares Outstanding: 236,914,580
• 10 Day Avg. Volume: 108,996
• 30 Day Avg. Volume: 89,288
• PEG Ratio: 0.58
• Price to Book (P/B): 5.09
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -5.43
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £213.50
• Price Target Upside: 33.02% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 69 Neutral
• Price Target: 177.00p ▲(10.28%Upside)

PensionBee Group PLC shows strong growth potential, driven by robust revenue increases and strategic corporate initiatives. However, profitability challenges and valuation concerns moderate the overall score. Positive technical indicators and corporate events bolster confidence in future performance.

PensionBee Group PLC Business Overview & Revenue Model

Company Description

PensionBee Group plc, a direct-to-consumer financial technology company, provides online pension services in the United Kingdom. The company's technology platform allows its customers to combine their pensions and invest in a range of online plans, forecast how much they are expected to have saved by the time they retire, and make withdrawals from their pensions. It also offers one-off ancillary and ad-hoc services, including pension splitting on divorce, early withdrawals owing to ill health, and full drawdown within one year of becoming an invested customer. The company was founded in 2014 and is based in London, the United Kingdom.

How the Company Makes Money

PensionBee makes money primarily through management fees charged on the pension assets that it consolidates and manages for its clients. These fees are typically a percentage of the total assets under management (AUM) and are designed to cover the cost of the services provided, including administration, customer support, and investment management. The company may also earn revenue from partnerships with investment managers or financial service providers, which can include revenue sharing arrangements or referral fees. PensionBee's business model relies on attracting and retaining a large customer base to grow its AUM, which in turn increases its management fee income and overall revenue.

PensionBee Group PLC Financial Statement Overview

Summary

PensionBee Group PLC is experiencing robust revenue growth and has a solid equity foundation with minimal debt, which are strong points for its long-term stability. Nevertheless, the company is still facing profitability challenges with negative earnings and needs to continue improving cash flow management to achieve a more balanced financial position.

Income Statement

The company's revenue grew significantly by 39.44% in the latest year, indicating strong growth potential. However, the company remains unprofitable, with a negative net profit margin of -9.44% and a negative EBIT margin of -9.71%. Gross profit margin stands at 52.52%, showing a solid capacity to cover direct costs. Overall, while revenue growth is commendable, profitability remains a challenge.

Balance Sheet

The company has a strong equity position with an equity ratio of 83.23%, indicating a stable financial structure. The debt-to-equity ratio is very low at 0.01, which minimizes financial risk. However, the return on equity is negative due to ongoing losses, highlighting the need for improved profitability.

Cash Flow

The free cash flow has turned positive, showing a substantial improvement from previous losses. The operating cash flow to net income ratio is positive, suggesting effective cash management despite negative net income. However, the company needs to sustain positive cash flows to ensure financial health.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
33.20M	23.82M	17.66M	12.75M	6.27M
	Gross Profit
22.09M	13.02M	9.29M	6.28M	1.79M
	EBIT
-3.22M	-10.69M	-21.69M	-20.61M	-12.83M
	EBITDA
-2.86M	-10.39M	-22.10M	-23.31M	-13.23M
	Net Income Common Stockholders
-3.14M	-10.57M	-22.15M	-24.63M	-13.26M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
34.99M	12.21M	21.32M	43.52M	6.74M
	Total Assets
41.27M	17.43M	25.64M	47.51M	8.55M
	Total Debt
292.00K	398.00K	551.00K	657.00K	109.00K
	Net Debt
-34.70M	-11.82M	-20.77M	-42.86M	-6.63M
	Total Liabilities
6.92M	2.28M	2.11M	3.73M	2.10M
	Stockholders Equity
34.35M	15.14M	23.53M	43.78M	6.46M
Cash Flow		Free Cash Flow
3.90M	-8.92M	-22.05M	-19.71M	-10.52M
	Operating Cash Flow
4.02M	-8.82M	-21.68M	-19.64M	-10.44M
	Investing Cash Flow
-384.00K	-96.00K	-367.00K	-75.00K	-75.00K
	Financing Cash Flow
19.11M	-186.00K	-151.00K	56.49M	7.06M

PensionBee Group PLC Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 160.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:PBEE, the sentiment is Positive. The current price of 160.5 is below the 20-day moving average (MA) of 162.35, above the 50-day MA of 154.32, and above the 200-day MA of 160.22, indicating a neutral trend. The MACD of 1.98 indicates Positive momentum. The RSI at 50.34 is Neutral, neither overbought nor oversold. The STOCH value of 22.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:PBEE.

PensionBee Group PLC Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ALFA	81 Outperform	£696.25M	27.07	58.00%	0.59%	7.75%	8.77%
APTD	73 Outperform	£171.83M	35.27	8.42%	1.17%	-6.21%	21.39%
PBEE	69 Neutral	£383.80M	―	-12.67%	―	39.41%	70.19%
ATG	67 Neutral	£546.68M	28.55	3.69%	―	1.61%	11.43%
AOM	64 Neutral	£85.28M	101.27	9.60%	―	―	―
Sector *	62 Neutral	$11.80B	10.08	-7.46%	2.99%	7.37%	-8.21%
GBG	57 Neutral	£589.12M	69.65	1.40%	1.77%	1.63%	―

PensionBee Group PLC Corporate Events

PensionBee CFO Acquires Shares, Aligning Interests with Shareholders

PensionBee Group PLC announced that its Chief Financial Officer, Christoph J. Martin, has acquired ordinary shares in the company through the exercise of vested options under the company’s EMI Scheme and Omnibus Plan. This transaction, which involved selling some shares to cover tax liabilities, highlights the company’s ongoing commitment to aligning management interests with shareholder value, potentially impacting stakeholder confidence and market perception.

The most recent analyst rating on (GB:PBEE) stock is a Buy with a £2.11 price target. To see the full list of analyst forecasts on PensionBee Group PLC stock, see the GB:PBEE Stock Forecast page.

PensionBee Announces Total Voting Rights Update

PensionBee Group plc announced that as of 30 May 2025, its issued share capital consists of 236,914,581 ordinary shares, with no shares held in treasury. This figure will serve as the denominator for shareholders to calculate their interests under the Financial Conduct Authority’s rules. This update reflects the company’s transparency and regulatory compliance, reinforcing its commitment to maintaining clear communication with stakeholders.

The most recent analyst rating on (GB:PBEE) stock is a Buy with a £2.11 price target. To see the full list of analyst forecasts on PensionBee Group PLC stock, see the GB:PBEE Stock Forecast page.

PensionBee Group PLC Announces Successful AGM Resolutions

PensionBee Group PLC announced the successful passing of all resolutions at its 2025 Annual General Meeting, including both ordinary and special resolutions. The resolutions covered various aspects of company governance, such as director appointments and auditor reappointments, reflecting strong shareholder support. This outcome reinforces PensionBee’s commitment to maintaining high governance standards and could positively impact its market position and stakeholder confidence.

The most recent analyst rating on (GB:PBEE) stock is a Buy with a £2.11 price target. To see the full list of analyst forecasts on PensionBee Group PLC stock, see the GB:PBEE Stock Forecast page.

PensionBee Announces Total Voting Rights Update

PensionBee Group plc announced its total voting rights as of 30 April 2025, with an issued share capital of 236,777,192 ordinary shares. This figure is crucial for shareholders to determine their interest in the company under the Financial Conduct Authority’s rules, impacting how they manage their investments and voting rights.

PensionBee Reports Strong Q1 2025 Growth Amid Strategic Expansion

PensionBee Group PLC reported a strong financial performance for Q1 2025, with a 14% increase in invested customers and a 20% growth in assets under administration, reaching £5.8 billion. The company achieved a 23% rise in group revenue and improved its adjusted EBITDA margin, reflecting its robust business model and effective customer acquisition strategies. PensionBee continues to focus on expanding its customer base through strategic marketing and technological innovations, while its recent US expansion aims to capture a larger share of the retirement market. The company’s commitment to customer satisfaction is evident in its high retention rates and positive Trustpilot ratings, positioning it well for future growth.

PensionBee Releases 2024 Financial Report and Announces 2025 AGM

PensionBee Group PLC has published its Annual Report and Financial Statements for 2024, along with the notice for its 2025 Annual General Meeting. These documents are available on the National Storage Mechanism and the company’s website. The AGM is scheduled for May 15, 2025, in London, where shareholders will discuss resolutions outlined in the notice.

PensionBee Announces Share Capital and Voting Rights Update

PensionBee Group PLC announced that as of 31 March 2025, its issued share capital consists of 236,558,261 ordinary shares, with no shares held in treasury. This figure is crucial for shareholders to determine their notification requirements under the Financial Conduct Authority’s rules. The announcement underscores PensionBee’s commitment to transparency and regulatory compliance, potentially impacting shareholder engagement and market perception.

PensionBee to Announce Q1 2025 Results with Live Webcast

PensionBee Group plc announced it will release its Q1 2025 financial results on 23 April 2025. The company will host a live webcast for analysts, investors, and the press, featuring CEO Romi Savova and CFO Christoph J. Martin. This announcement underscores PensionBee’s commitment to transparency and engagement with its stakeholders, reflecting its strong market position and dedication to customer service.

PensionBee Grants Share Options to Key Executives

PensionBee Group PLC has announced the granting of 838,599 nominal-cost share options to key executives under the 2021 PensionBee Group plc Omnibus Plan. This move, involving CEO Romi Savova, CTO Jonathan Lister Parsons, and CFO Christoph J. Martin, is part of a strategic initiative to align management incentives with long-term company performance, potentially strengthening the company’s market position and stakeholder confidence.

PensionBee Group PLC Announces Change in Major Holdings

PensionBee Group PLC has announced a change in major holdings, with Mudita Advisors LLP increasing its voting rights in the company. The acquisition of additional voting rights, now totaling 12.04%, signifies a strategic move by Mudita Advisors LLP, potentially impacting PensionBee’s governance and future strategic decisions.