PensionBee Group PLC (PBEE) AI Stock Analysis

• Market Cap: £377.08M
• Dividend Yield: N/A
• Average Volume (3M): 89.61K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.24
• Revenue Growth: 29.58%
• EPS Growth: 17.32%
• Country: UK
• Employees: 204
• Sector: Financial
• Sector Strength: 70
• Industry: Software - Application
• EPS (TTM): -0.02
• Shares Outstanding: 237,905,650
• 10 Day Avg. Volume: 210,581
• 30 Day Avg. Volume: 89,606
• PEG Ratio: 1.64
• Price to Book (P/B): 10.59
• Price to Sales (P/S): 10.95
• P/FCF Ratio: 93.27
• 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: £199.00
• Price Target Upside: 27.56% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): -1.48
• Revenue Forecast (FY): £4.15B

• Rating: 67 Neutral
• Price Target: 173.00p ▲(10.90% Upside)

PensionBee Group PLC demonstrates strong revenue growth and a solid equity position, which are significant strengths. However, ongoing profitability challenges and a negative P/E ratio weigh on the overall score. The company's recent corporate events highlight positive growth and strategic expansion, contributing positively to the score. Technical indicators suggest stable market momentum, but valuation concerns remain.

Positive Factors

Revenue Growth

Strong revenue growth indicates expanding market reach and product adoption, supporting long-term business sustainability and potential for increased market share.

Equity Position

A strong equity position with minimal debt enhances financial stability, reducing risk and providing a solid foundation for future growth and investment.

Cash Flow Improvement

Positive free cash flow indicates effective cash management, which is crucial for sustaining operations, funding growth initiatives, and improving financial health.

Negative Factors

Profitability Challenges

Ongoing profitability challenges and negative margins can hinder long-term financial performance, requiring strategic focus on cost management and revenue optimization.

Negative Return on Equity

A negative return on equity reflects inefficiencies in generating profit from shareholders' investments, which may deter future investment and growth opportunities.

Negative Earnings

Persistent negative earnings highlight the need for improved profitability strategies to achieve sustainable growth and enhance investor confidence.

PensionBee Group PLC Business Overview & Revenue Model

Company Description

PensionBee Group PLC (PBEE) is a UK-based fintech company focused on simplifying pension management for consumers. The company operates in the financial services sector, providing a digital platform that allows users to combine, manage, and grow their pension savings through a range of investment options. PensionBee's core services include pension consolidation, investment management, and retirement planning, aimed at helping individuals navigate their pension assets more effectively.

How the Company Makes Money

PensionBee generates revenue primarily through annual management fees charged on the assets under management (AUM) in its pension plans. The company offers various investment plans, with fees typically ranging from 0.5% to 0.95% depending on the chosen investment strategy. Additionally, PensionBee may receive income from third-party providers for referring clients or through partnerships with other financial institutions. The company also benefits from the increasing trend of consumers seeking to consolidate their pensions, which drives growth in AUM and, consequently, 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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	36.69M	33.20M	23.82M	17.66M	12.75M	6.27M
Gross Profit	18.51M	22.09M	13.02M	9.29M	6.28M	1.79M
EBITDA	-4.88M	-2.86M	-10.39M	-22.10M	-23.31M	-13.23M
Net Income	-4.52M	-3.14M	-10.57M	-22.15M	-24.63M	-13.26M
Balance Sheet
Total Assets	39.67M	41.27M	17.43M	25.64M	47.51M	8.55M
Cash, Cash Equivalents and Short-Term Investments	34.11M	34.99M	12.21M	21.32M	43.52M	6.74M
Total Debt	213.00K	292.00K	398.00K	551.00K	657.00K	109.00K
Total Liabilities	7.55M	6.92M	2.28M	2.11M	3.73M	2.10M
Stockholders Equity	32.11M	34.35M	15.14M	23.53M	43.78M	6.46M
Cash Flow
Free Cash Flow	4.55M	3.90M	-8.92M	-22.05M	-19.71M	-10.52M
Operating Cash Flow	4.72M	4.02M	-8.82M	-21.68M	-19.64M	-10.44M
Investing Cash Flow	-626.00K	-384.00K	-96.00K	-367.00K	-75.00K	-75.00K
Financing Cash Flow	19.11M	19.11M	-186.00K	-151.00K	56.49M	7.06M

PensionBee Group PLC Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 156.00
• 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 156 is below the 20-day moving average (MA) of 158.47, below the 50-day MA of 158.52, and below the 200-day MA of 158.38, indicating a bullish trend. The MACD of -0.12 indicates Positive momentum. The RSI at 51.09 is Neutral, neither overbought nor oversold. The STOCH value of 52.38 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	74 Outperform	£645.45M	21.73	62.38%	3.53%	18.44%	33.73%
APTD	72 Outperform	£161.88M	37.16	7.71%	1.86%	-6.63%	-7.88%
GBG	70 Outperform	£587.13M	68.94	1.56%	1.73%	-0.18%	11.49%
AOM	68 Neutral	£164.24M	-821.43	-2.20%	―	31.86%	-115.22%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
PBEE	67 Neutral	£377.08M	-83.25	-20.10%	―	29.58%	17.32%
ATG	52 Neutral	£350.22M	-3.35	-23.77%	―	5.83%	-663.14%

PensionBee Group PLC Corporate Events

PensionBee Announces Total Voting Rights Update

PensionBee Group plc announced its total voting rights as of November 28, 2025, with an issued share capital comprising 237,905,655 ordinary shares. This figure is significant for shareholders to determine their interests under the Financial Conduct Authority’s rules, reflecting the company’s transparency and regulatory compliance.

PensionBee Group Announces Total Voting Rights for October 2025

PensionBee Group plc announced its total voting rights as of 31 October 2025, with an issued share capital of 237,905,321 ordinary shares, all of which carry voting rights. This disclosure is in line with the Financial Conduct Authority’s rules, allowing shareholders to calculate their interests in the company’s shares. The announcement underscores PensionBee’s commitment to transparency and regulatory compliance, which is essential for maintaining investor confidence and supporting its market position.

PensionBee Group PLC Reports Robust Q3 Growth and Expansion

PensionBee Group PLC reported significant growth in Q3 2025, with a 41% increase in new customers and a 27% rise in assets under administration, reaching £7 billion. The company’s revenue grew by 32% year-on-year, driven by strong customer growth and operational efficiencies, leading to improved profitability. In the UK, PensionBee enhanced its product offerings and marketing strategies, while in the US, it expanded its brand presence and product functionality, positioning itself for sustained growth in the retirement market.

PensionBee Announces Total Voting Rights Update

PensionBee Group plc announced its total voting rights as of 30 September 2025, with an issued share capital of 237,899,777 ordinary shares, all carrying voting rights. This information is crucial for shareholders to determine their notification obligations under the Financial Conduct Authority’s rules, reflecting the company’s transparency and regulatory compliance.

PensionBee to Announce Q3 2025 Financial Results

PensionBee Group plc announced that it will release its Q3 2025 financial results on October 22, 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 stakeholders, as it continues to strengthen its position in the online pension industry.

PensionBee Executives Exercise Share Options and Sell Shares

PensionBee Group PLC announced that its key executives, including CEO Romi Savova and CTO Jonathan Lister Parsons, have acquired and sold shares as part of their compensation plans. These transactions were conducted under the company’s Historic Share Option Plans and the 2021 Omnibus Plan, reflecting the company’s ongoing commitment to aligning management incentives with shareholder interests.