Pennant International Group Full Year 2023 Earnings: UK£0.025 loss per share (vs UK£0.025 loss in FY 2022)
In This Article:
Pennant International Group (LON:PEN) Full Year 2023 Results
Key Financial Results
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Revenue: UK£15.5m (up 14% from FY 2022).
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Net loss: UK£933.0k (loss widened by 3.6% from FY 2022).
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UK£0.025 loss per share (in line with FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Pennant International Group Earnings Insights
The primary driver behind last 12 months revenue was the Uk & Europe segment contributing a total revenue of UK£8.82m (57% of total revenue). Notably, cost of sales worth UK£7.81m amounted to 50% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to UK£7.88m (91% of total expenses). Explore how PEN's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 8.5% growth forecast for the Aerospace & Defense industry in the United Kingdom.
Performance of the British Aerospace & Defense industry.
The company's shares are down 2.0% from a week ago.
Risk Analysis
You should learn about the 2 warning signs we've spotted with Pennant International Group.
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