Top Page
Plexus Holdings
(LSE:POS)
Plexus Holdings (POS) vs. iShares MSCI United Kingdom ETF (EWC)
Plexus Holdings Business Overview & Revenue Model
Plexus Holdings Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.48M | 4.48M | 12.72M | 1.49M | 2.31M | 2.02M |
| Gross Profit | 133.00K | 133.00K | 7.34M | 1.09M | 1.49M | 955.00K |
| EBITDA | -1.07M | -1.07M | 4.67M | -2.65M | -3.75M | -2.59M |
| Net Income | -3.27M | -3.27M | 2.93M | -4.01M | -7.46M | -4.50M |
Balance Sheet | ||||||
| Total Assets | 17.67M | 17.67M | 19.91M | 18.63M | 21.82M | 27.08M |
| Cash, Cash Equivalents and Short-Term Investments | 2.54M | 2.54M | 2.49M | 1.45M | 5.84M | 5.17M |
| Total Debt | 88.00K | 88.00K | 1.28M | 2.46M | 5.04M | 3.44M |
| Total Liabilities | 1.50M | 1.50M | 4.50M | 7.11M | 6.29M | 4.09M |
| Stockholders Equity | 16.17M | 16.17M | 15.41M | 11.52M | 15.54M | 22.99M |
Cash Flow | ||||||
| Free Cash Flow | -2.33M | -2.33M | 460.00K | -2.84M | -3.52M | -3.06M |
| Operating Cash Flow | -700.00K | -700.00K | 4.08M | -1.44M | -2.63M | -2.65M |
| Investing Cash Flow | -2.05M | -2.05M | -2.63M | -195.00K | 1.83M | 2.08M |
| Financing Cash Flow | 2.80M | 2.80M | -410.00K | -2.76M | 1.47M | 1.66M |
Plexus Holdings Technical Analysis
Plexus Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | £261.54M | 9.04 | 9.45% | ― | 7.05% | -19.81% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
55 Neutral | £13.75M | -1.00 | -29.57% | ― | -20.85% | -105.70% | |
53 Neutral | £606.10M | ― | 6.97% | ― | ― | ― | |
47 Neutral | £10.19M | -2.19 | -20.68% | ― | -64.78% | -182.93% | |
44 Neutral | £28.58M | -17.71 | -6.74% | ― | ― | ― |
Plexus Holdings Corporate Events
Plexus Holdings said all resolutions at its annual general meeting were duly passed, with each motion receiving more than 99% of votes cast in favour. The strong shareholder backing, reflected in minimal opposition across all 10 resolutions, underlines continued investor support for the company’s strategy and governance as it pursues growth in both traditional offshore wellhead services and emerging energy transition markets.
The most recent analyst rating on (GB:POS) stock is a Hold with a £7.00 price target. To see the full list of analyst forecasts on Plexus Holdings stock, see the GB:POS Stock Forecast page.
Plexus Holdings used its AGM to underline a year of rebuilding and repositioning, characterised by deliberate investment in expanding its rental wellhead inventory and strengthening its balance sheet after an exceptional prior year. Management said it expects to have 16 Exact rental wellhead systems available in 2026, creating a larger, higher-quality asset base aimed at supporting repeat utilisation across multiple projects and regions and generating more predictable, resilient revenues. The company is preparing to launch rental operations imminently in the Middle East, with North American activity to follow in 2026 and further opportunities in the North Sea, particularly in jack-up drilling, decommissioning and CCS applications where its technology is seen as well suited and activity is forecast to rise. Plexus also highlighted its broader portfolio of intellectual property, including its Python subsea wellhead system, as a longer-term value driver in both rental and production markets, and pointed to meaningful insider support via board participation in a 2025 fundraise and a £2 million loan from the chair, reinforcing confidence that the Group is well positioned to deliver sustainable medium-term shareholder value.
The most recent analyst rating on (GB:POS) stock is a Hold with a £7.00 price target. To see the full list of analyst forecasts on Plexus Holdings stock, see the GB:POS Stock Forecast page.
Plexus Holdings has published its latest Annual Report and Accounts, along with the notice of its upcoming annual general meeting and proxy form, making these documents available to shareholders both by post and on the company’s website. The AGM is scheduled to take place on 16 January 2026 at the company’s Aberdeen offices, providing investors with a formal opportunity to review recent performance and ongoing strategy in its specialised offshore wellhead technology and services markets.
The most recent analyst rating on (GB:POS) stock is a Hold with a £9.50 price target. To see the full list of analyst forecasts on Plexus Holdings stock, see the GB:POS Stock Forecast page.
Plexus Holdings reported a sharp drop in revenue to £4.48m and swung to a £3.3m loss before tax for the year to 30 June 2025, reflecting the absence of last year’s one-off licence deal and a deliberate investment phase to rebuild its rental wellhead fleet and expand operations. Despite weak sentiment and project deferrals in the UK North Sea amid uncertainty over the Energy Profits Levy, the group completed a major £9m North Sea project and a £1.9m Dutch sector P&A phase, raised £3.5m of equity to double its Exact rental fleet, maintained cash at £2.5m and strengthened its balance sheet. Operationally, Plexus is pivoting toward international growth, with a $1m Middle East gas exploration contract and a North American rental contract both due to start in Q1 2026, a new business development presence in the UAE, and a two‑year framework agreement with a North Sea operator, while a new £2m loan facility boosts financial flexibility. Management sees these steps, alongside ongoing R&D, preserved API Q1 accreditation and the continued strategic value of its POS-GRIP intellectual property and collaboration with SLB, as laying the foundation for future rental-led revenue growth across offshore oil and gas, CCS and geothermal applications.
The most recent analyst rating on (GB:POS) stock is a Hold with a £9.50 price target. To see the full list of analyst forecasts on Plexus Holdings stock, see the GB:POS Stock Forecast page.
Plexus Holdings has announced an operational update and a new £2 million loan facility agreement with OFM Holdings Limited to support its strategic growth initiatives and maintain financial flexibility. The company is expanding its international presence, particularly in the Middle East, and is on track to deliver new wellhead systems to meet growing demand. Despite uncertainties in the UK sector, Plexus remains optimistic about future opportunities, including carbon capture and storage projects, and is confident in its long-term outlook amid anticipated market recovery.
The most recent analyst rating on (GB:POS) stock is a Hold with a £9.50 price target. To see the full list of analyst forecasts on Plexus Holdings stock, see the GB:POS Stock Forecast page.
Plexus Holdings PLC has entered into a two-year framework agreement to provide rental wellhead services and associated equipment for a UK North Sea operator, marking a positive development after a period of lower activity in the region. The agreement, which includes the supply of the Exact EX™ surface wellhead system, is expected to commence in Q1 2026 with an initial call-off for a jack-up rig well as part of a decommissioning campaign, and further call-offs for similar projects are anticipated, highlighting potential growth and engagement with both UK and international customers.
The most recent analyst rating on (GB:POS) stock is a Hold with a £9.50 price target. To see the full list of analyst forecasts on Plexus Holdings stock, see the GB:POS Stock Forecast page.