Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 13.78M | 15.54M | 13.69M | 15.96M | 15.06M |
Gross Profit | 5.26M | 7.73M | 4.27M | 2.99M | 3.24M |
EBITDA | -594.00K | 1.93M | -1.43M | -2.20M | -1.16M |
Net Income | -2.58M | -933.00K | -901.00K | -1.61M | -2.63M |
Balance Sheet | |||||
Total Assets | 15.94M | 18.71M | 19.79M | 21.63M | 22.76M |
Cash, Cash Equivalents and Short-Term Investments | 1.04M | 1.10M | 1.11M | 901.00K | 1.44M |
Total Debt | 3.94M | 3.90M | 2.09M | 5.18M | 3.81M |
Total Liabilities | 7.59M | 8.89M | 9.10M | 10.48M | 10.23M |
Stockholders Equity | 8.34M | 9.82M | 10.70M | 11.14M | 12.53M |
Cash Flow | |||||
Free Cash Flow | -42.00K | -463.00K | 1.36M | -1.23M | 1.74M |
Operating Cash Flow | 181.00K | 1.29M | 2.57M | -127.00K | 3.15M |
Investing Cash Flow | -1.62M | -2.32M | 357.00K | -1.63M | -2.19M |
Financing Cash Flow | 1.14M | -174.00K | -239.00K | -249.00K | -232.00K |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
73 Outperform | £11.97M | 11.43 | 13.09% | 418.99% | 5.35% | -8.63% | |
63 Neutral | $34.70B | 4.89 | -11.39% | 1.66% | 5.53% | -19.00% | |
57 Neutral | £16.74M | ― | -28.02% | ― | 17.50% | 20.14% | |
52 Neutral | £14.37M | ― | -26.44% | ― | 17.06% | -78.26% | |
50 Neutral | £13.40M | ― | -28.36% | ― | -11.33% | -139.92% | |
50 Neutral | £13.76M | ― | -43.12% | ― | -25.63% | -202.60% | |
49 Neutral | £11.71M | ― | -28.72% | ― | -17.02% | 10.29% |
Pennant International Group has entered a significant agreement with Siemens Digital Industries Software, allowing Siemens to distribute Pennant’s GenS technology as part of its Teamcenter Service Lifecycle Management software solutions. This partnership, along with new sales representatives in South Korea and Japan, positions Pennant to expand its market reach. Additionally, Pennant’s collaboration with Warp IT aims to integrate software solutions for enhanced product support, indicating strategic growth in new territories and markets. These developments are part of Pennant’s ‘go-to-market’ strategy for its Auxilium suite, which has seen recent updates and improvements, further solidifying its position in the industry.
Pennant International has completed its property disposal program, selling its final two units at Staverton Connection for £1.125 million, which will help reduce the Group’s overdraft borrowings. The company reports increased interest in its products and services, with a promising pipeline for 2025, including negotiations with the Ministry of Defence on the GenFly technology upgrade contract. The company’s revenue is expected to be significantly weighted towards the second half of 2025, driven by existing contracts and the anticipated GenFly contract, which is projected to contribute around 15% of the year’s revenue.
At its recent Annual General Meeting, Pennant International Group plc announced the passing of most resolutions, except for a 10% general placing authority. This decision reflects the company’s strategic focus on sustainable revenue growth and profitability, aligning with its emphasis on high-margin software and services amidst growing demand in its key markets.
Pennant International Group plc has announced the date for its Annual General Meeting (AGM) for 2025, which will be held on June 6 at the Leonardo Hotel in Cheltenham. The company has published the Notice of AGM and sent hard copies of the 2024 annual accounts to shareholders. This announcement is part of Pennant’s ongoing efforts to engage with its stakeholders and maintain transparency. The company’s strategic focus on high-margin software and services is expected to drive growth amid increasing defence budgets and technological advancements in military, aviation, and rail sectors.
Pennant International has reported its final results for 2024, highlighting a transformative year marked by strategic restructuring and investment in its Auxilium software. The company has repositioned itself for growth, focusing on its Software and Technical Services segments to deliver more predictable revenue streams and higher margins. Despite a decrease in revenue to £13.8 million and an adjusted loss before tax, Pennant has strengthened its balance sheet and board, completed significant contracts, and launched Auxilium version 3.0. The company anticipates favorable market conditions to drive future growth and profitability, with ongoing projects and negotiations for new contracts expected to enhance its market position.