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Pennant International
(LSE:PEN)
Pennant International (PEN) vs. iShares MSCI United Kingdom ETF (EWC)
Pennant International Business Overview & Revenue Model
Pennant International Financial Statement Overview
| 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 |
Pennant International Technical Analysis
Pennant International Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | £11.77M | 11.24 | 13.09% | 4.26% | 5.35% | -8.63% | |
63 Neutral | £566.00M | 24.41 | -6.00% | 2.49% | 3.52% | -29.29% | |
61 Neutral | £15.73M | ― | -26.44% | ― | 17.06% | -78.26% | |
57 Neutral | £16.20M | ― | -28.02% | ― | 17.50% | 20.14% | |
50 Neutral | £15.24M | ― | -43.12% | ― | -25.63% | -202.60% | |
49 Neutral | £11.71M | ― | -28.72% | ― | -17.02% | 10.29% | |
48 Neutral | £11.89M | ― | -28.36% | ― | -11.33% | -139.92% |
Pennant International Corporate Events
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.
Pennant International Group has received an ‘Invitation to Negotiate’ from the UK Ministry of Defence for a significant technology upgrade to the RAF’s GenFly training systems, valued at approximately £4.9 million. This development marks a step forward in the formal negotiation process, with the contract expected to commence in Q3 2025, potentially enhancing Pennant’s market position in the defense sector.
Pennant International Group plc has announced it will release its financial results for the year ending December 31, 2024, on April 24, 2025. The company will hold an analyst briefing on the same day and an investor presentation on April 25, 2025, to discuss the results and provide a business update. These events are part of Pennant’s efforts to engage with stakeholders and provide insights into its operations and strategic direction, particularly in light of rising defense budgets and increasing technological complexity in its key markets.
Pennant International Group has announced the exchange of contracts for the sale of three commercial properties at its Staverton site, expected to complete on April 25, 2025, for £1.2 million. The proceeds will reduce the company’s overdraft borrowings, providing additional borrowing headroom despite a reduced overdraft facility limit. This move is part of Pennant’s ongoing property disposal program, with marketing efforts continuing for the remaining properties.