Breakeven Date Change • Jun 30
Forecast to breakeven in 2027 The analyst covering Pennant International Group expects the company to break even for the first time. New forecast suggests losses will reduce by 78% to 2026. The company is expected to make a profit of UK£100.0k in 2027. Average annual earnings growth of 124% is required to achieve expected profit on schedule. Announcement • Jun 04
Pennant International Group Launches Auxilium Phase 3 Pennant International Group plc announced the next major step in the Auxilium product roadmap - the launch of Auxilium Phase 3. This significant product upgrade reflects the successful investment made into the Auxilium software suite, broadening the Group's capability and strengthening its customer proposition. Auxilium is designed to provide customers with a powerful, unified toolset to manage, model and exploit complex systems data at scale. This most recent release of Auxilium now delivers an Integrated Product Support environment across the three applications - GenS. Analyzer and R4i. For the first time, customers can operate from a unified server and shared data environment, eliminating fragmentation and enabling true end-to-end supportability engineering and technical publications workflows. Auxilium Phase 3 delivers three major benefits: Enhanced security - a stronger, modernised security framework giving businesses and IT teams greater confidence and peace of mind; Faster and smoother user experience - customers will notice immediate performance improvements and more efficient workflows across the entire Auxilium suite; A future-ready foundation - Phase 3 establishes a scalable platform that enables continuous enhancements and rapid delivery of new capabilities that will directly benefit users. Board Change • May 27
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. CEO, Secretary & Director Phil Walker is the most experienced director on the board, commencing their role in 2014. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 02
Pennant International Group plc, Annual General Meeting, May 08, 2026 Pennant International Group plc, Annual General Meeting, May 08, 2026. Location: the pennant international group plc, unit d2, staverton connection, old gloucester road, cheltenham gl51 0tf, United Kingdom Reported Earnings • Mar 24
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: UK£0.05 loss per share (improved from UK£0.064 loss in FY 2024). Revenue: UK£9.66m (down 30% from FY 2024). Net loss: UK£2.25m (loss narrowed 13% from FY 2024). Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Aerospace & Defense industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. New Risk • Mar 23
New major risk - Revenue and earnings growth Earnings have declined by 17% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risk Market cap is less than US$100m (UK£9.27m market cap, or US$12.5m). New Risk • Feb 09
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: UK£4.4m Forecast net loss in 2 years: UK£202k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (UK£202k net loss in 2 years). Market cap is less than US$100m (UK£9.75m market cap, or US$13.3m). Announcement • Jan 19
Pennant International Group plc to Report Fiscal Year 2025 Results on Mar 23, 2026 Pennant International Group plc announced that they will report fiscal year 2025 results on Mar 23, 2026 Announcement • Jan 15
Pennant International Group plc Announces Resignation of David Clements as a Director and the Company Secretary, Effective March 31, 2026 Pennant International Group plc announced that David Clements, the Group's Commercial & Risk Director, has resigned as a director and the company secretary. David will work a short handover period before leaving the business on March 31, 2026. His responsibilities will be taken up by the other Board members and senior executives. Reported Earnings • Sep 17
First half 2025 earnings released: UK£0.052 loss per share (vs UK£0.011 loss in 1H 2024) First half 2025 results: UK£0.052 loss per share (further deteriorated from UK£0.011 loss in 1H 2024). Revenue: UK£4.49m (down 39% from 1H 2024). Net loss: UK£2.25m (loss widened 436% from 1H 2024). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Aerospace & Defense industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Announcement • Sep 17
Pennant International Group plc Provides Revenue Guidance for the Full Year of 2025 Pennant International Group plc provided revenue guidance for the full year of 2025. For the year, the board has a high level of confidence of generating revenues of not less than £10 million. New Risk • Sep 16
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: UK£4.4m Forecast net loss in 1 year: UK£344k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable next year (UK£344k net loss next year). Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (UK£9.08m market cap, or US$12.4m). Announcement • Sep 16
Pennant International Group plc has filed a Follow-on Equity Offering in the amount of £1.25 million. Pennant International Group plc has filed a Follow-on Equity Offering in the amount of £1.25 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,323,400
Price\Range: £0.215
Discount Per Security: £0.0086
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,490,553
Price\Range: £0.215
Discount Per Security: £0.0086 New Risk • Sep 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-UK£1.4m). Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (UK£10.5m market cap, or US$14.0m). Price Target Changed • Aug 11
Price target decreased by 25% to UK£0.48 Down from UK£0.65, the current price target is an average from 2 analysts. New target price is 116% above last closing price of UK£0.23. Stock is down 6.3% over the past year. The company is forecast to post a net loss per share of UK£0.0081 next year compared to a net loss per share of UK£0.064 last year. Announcement • Aug 08
Pennant International Group plc to Report First Half, 2025 Results on Sep 16, 2025 Pennant International Group plc announced that they will report first half, 2025 results on Sep 16, 2025 Announcement • Jul 03
Pennant International Group plc Provides Earnings Guidance for the Fiscal Year 2025 Pennant International Group plc provided earnings guidance for the fiscal year 2025. The Company is seeing increased interest in its products and services and, together with a growing pipeline of opportunities for 2025 and beyond, the Second Quarter 2025 outcome of the UK Government's defence spending review augurs well for the remainder of the financial year and in the medium term. Negotiations with the Ministry of Defence on the GenFly technology upgrade contract are progressing well and Pennant looks forward to announcing formal contract award, scheduled for Third Quarter of the current financial year. As expected, 2025 revenue is anticipated to be significantly second-half-weighted, particularly noting the likely award date for the GenFly contract and delayed project work through Second Quarter within the Company's Track Access (rail) business. While the expected conversion of the software sales pipeline has shifted into H2, the campaign to migrate legacy OmegaPS users to Auxilium (via GenS subscriptions) is proceeding to plan and, when combined with new subscription sales, Pennant's annual recurring revenue (ARR) attributable purely to software subscriptions and maintenance now exceeds £2m for the first time in the Group's history. The Directors remain confident that the Group will meet market expectations for the full year, with the second half revenue weighting achievable through the continued delivery of existing contracts, execution of Pennant's 'go to market' strategy for the Auxilium suite, and successful conversion of the GenFly contract (which is expected to contribute circa 15% of 2025 revenue). Announcement • May 09
Pennant International Group plc, Annual General Meeting, Jun 06, 2025 Pennant International Group plc, Annual General Meeting, Jun 06, 2025. Location: the leonardo hotel, gloucester road, gl51 0ts, cheltenham United Kingdom Reported Earnings • Apr 25
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: UK£6.37 loss per share (further deteriorated from UK£0.025 loss in FY 2023). Revenue: UK£13.8m (down 11% from FY 2023). Net loss: UK£2.58m (loss widened 176% from FY 2023). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 140%. Revenue is forecast to grow 2.0% p.a. on average during the next 2 years, compared to a 7.7% growth forecast for the Aerospace & Defense industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 185 percentage points per year, which is a significant difference in performance. New Risk • Apr 11
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (UK£11.9m market cap, or US$15.5m). Announcement • Apr 08
Pennant International Group plc to Report Fiscal Year 2024 Results on Apr 24, 2025 Pennant International Group plc announced that they will report fiscal year 2024 results at 8:00 AM, GMT Standard Time on Apr 24, 2025 Announcement • Dec 10
Pennant International Group plc Provides Revenue Guidance for the Financial Year Ending 31 December 2024 Pennant International Group plc provided revenue guidance for the financial year ending 31 December 2024. For the year, the company expects revenues of £14 million. Announcement • Nov 21
Pennant International Group plc Appoints Darren Wiggins as Chief Financial Officer Pennant International Group plc announced the appointment of Darren Wiggins as the Group's Chief Financial Officer, effective immediately. Wiggins had been serving as the Company's interim Chief Financial Officer since 16 September 2024. Wiggins is a chartered accountant with over 20 years' experience, having previously held senior executive positions in finance and operational roles within Meggitt Aerospace and Melrose plc. Announcement • Oct 24
Pennant International Group plc SHS to Be Deleted from OTC Equity Pennant International Group plc SHS (United Kingdom) will be deleted from OTC Equity effective October 23, 2024, due to Inactive Security. Reported Earnings • Sep 27
First half 2024 earnings released: UK£0.011 loss per share (vs UK£0.01 loss in 1H 2023) First half 2024 results: UK£0.011 loss per share (further deteriorated from UK£0.01 loss in 1H 2023). Revenue: UK£7.38m (up 4.1% from 1H 2023). Net loss: UK£419.0k (loss widened 12% from 1H 2023). Revenue is expected to decline by 1.4% p.a. on average during the next 2 years, while revenues in the Aerospace & Defense industry in the United Kingdom are expected to grow by 8.2%. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Sep 24
Pennant International Group plc Provides Earnings Guidance for the Fourth Quarter and Full Year 2024 Pennant International Group plc provided earnings guidance for the fourth quarter and full year 2024. The Group has contracted revenue for the full year in the region of £13 million, and has a high level of confidence of generating revenue of not less that £0.5 million in the fourth quarter, and on that basis the Board considers that the Group is currently on track to meet market expectations for the year as a whole. Price Target Changed • Sep 23
Price target decreased by 12% to UK£0.57 Down from UK£0.65, the current price target is provided by 1 analyst. New target price is 111% above last closing price of UK£0.27. Stock is down 28% over the past year. The company is forecast to post a net loss per share of UK£0.026 next year compared to a net loss per share of UK£0.025 last year. Announcement • Sep 19
Pennant International Group plc to Report First Half, 2024 Results on Sep 23, 2024 Pennant International Group plc announced that they will report first half, 2024 results on Sep 23, 2024 Board Change • Sep 10
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Jon Kempster was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Price Target Changed • Jul 29
Price target decreased by 8.7% to UK£0.59 Down from UK£0.65, the current price target is an average from 3 analysts. New target price is 147% above last closing price of UK£0.24. Stock is down 36% over the past year. The company is forecast to post a net loss per share of UK£0.014 next year compared to a net loss per share of UK£0.025 last year. Board Change • Jul 21
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Chairman Ian Dighe was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jun 26
Pennant International Group plc, Annual General Meeting, Jul 17, 2024 Pennant International Group plc, Annual General Meeting, Jul 17, 2024. Location: unit d3, staverton connection, staverton, cheltenham, gloucestershire gl51 0tf, United Kingdom Reported Earnings • Jun 23
Full year 2023 earnings released: UK£0.025 loss per share (vs UK£0.025 loss in FY 2022) Full year 2023 results: UK£0.025 loss per share (in line with FY 2022). Revenue: UK£15.5m (up 14% from FY 2022). Net loss: UK£933.0k (loss widened 3.6% from FY 2022). 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. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. New Risk • May 26
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 33% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (UK£11.2m market cap, or US$14.3m). Announcement • May 15
Pennant International Group plc Announces Board Changes Pennant International Group plc announced intention to retire as Chair at this year's Annual General Meeting, Philip Cotton has decided to step down now, allowing Chair Designate, Ian Dighé to become Chair with immediate effect. Philip Cotton will retire as a director and leave the Board at the AGM. New Risk • Apr 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 33% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (UK£11.2m market cap, or US$14.0m). Announcement • Feb 07
Pennant International Group plc Appoints Ian Dighé as Non-Executive Director and Chair Designate Pennant International Group plc announced the appointment of Ian Dighé to the Board as a Non-executive Director and Chair designate with immediate effect. Ian will assume the Chair role immediately following the company's next Annual General Meeting, which is expected to be held in May 2024. Ian has significant listed company and City experience, gained throughout his executive career with a particular focus on the investment banking, corporate broking, asset management and closed-end funds sectors. In addition, he is experienced in developing boards and senior management teams. Ian was a co-founder of Bridgewell Group plc and Chairman of Miton Group plc from February 2011, overseeing the successful refinancing and subsequent growth of the group, before he retired from the Miton board in December 2017. He is currently Chairman of The Investment Company plc and an independent director of Seneca Growth Capital VCT plc. He is also a director of a number of private companies and charities. Reported Earnings • Sep 29
First half 2023 earnings released: UK£0.01 loss per share (vs UK£0.022 loss in 1H 2022) First half 2023 results: UK£0.01 loss per share (improved from UK£0.022 loss in 1H 2022). Revenue: UK£7.09m (up 2.1% from 1H 2022). Net loss: UK£375.0k (loss narrowed 54% from 1H 2022). Revenue is forecast to grow 9.1% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Aerospace & Defense industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Sep 21
Pensana plc and Partners Win Innovate Uk Grant to Develop A Low Carbon Re Supply Chain Pennant International Group plc has been awarded £316,643 in grant funding by Innovate UK under its CLIMATES programme. The partnership will work together to develop a low carbon sustainable supply chain for rare earth magnets. The Project is backed by the UK Government and will use Pensana and Polestar's low carbon and ESG engineering to review and measure impacts, and identify opportunities, to further reduce carbon in the rare earth products vital for the energy transition. The CLIMATES programme is a £15 million fund set up to develop critical mineral supply chains within the UK. Strand 1 was launched in February 2023 with a focus on stimulating research on rare earths across the UK. Pensana has already developed a strong approach to sustainability through the publishing of its Blueprint for Sustainable Rare Earths and has, through market-leading low-carbon design and renewable power agreements at both its UK and Angolan projects, placed itself well on the way to achieving its strategic goal to be a leading low embedded carbon supplier of rare earth products on the market. Announcement • Aug 30
Pensana plc Announces Update on Sampling Results from the Coola Exploration Licence Pensana Plc reported on analytical results received from sampling at the Sulima West and Benge Novo targets completed in 2022. Both targets occur within the Coola Exploration License (N o 059/02/T.P/ANG-MIREMPET/2020) located 40 kilometres north of Longonjo. Results recently received include: analytical results from the soil sampling programme conducted over the Sulima West carbonatite rare earth element (REE) target in October of last year; whole rock geochemistry and analytical results for the significant apatite-maghemite-monazite outcrop at Sulima West; and XRD, whole rock geochemistry and analytical Results of Benge Novo alkaline complex deeply weathered clays for bauxite and ionic clay potential. Two hundred and thirty-eight soil samples were collected on a 50 m x 50 m sample spacing over an area of 650 m x 800 m covering the area of identified historic trenches and surroundings at the Sulima West target. Individual soil samples are from 10-20 cm below surface, were sieved to <0.5 mm, bagged and dispatched for ICP-MS analysis at IGEO Laboratories, Luanda. QA/QC samples were submitted, and the laboratory results were within acceptable limits. The soil sampling clearly identifies an area of approximately 500 m x 300 m (~15 hectares) with >2% TREO in soils within which a zone with >3% TREO is delineated. Five of the historic trenches excavated during the 1970’s are included within the >2% TREO soil anomaly. Due to safety issues such as possible wall collapse only the southernmost trench (Trench 1) has been logged and sampled to date. Trench 1 comprises 68 m of iron/manganese enriched lateritised regolith and was sampled at 2 m intervals returning values of between 0.3 and 9.7% TREO, with an average of 3.4% TREO over 68 meters reported. Pit 1, which occurs within the >4% TREO in soil anomaly, returned 4.3% TREO over a vertical distance of 6 metres. The remaining 4 historic trenches within the anomaly will be cleaned and made safe and will be sampled during late 2023. A large portion of the >4% TREO in soil anomaly occurs to the SE of the historic trenches and this area will be trenched and sampled during 2023. Apatite-Maghemite-Monazite Sample A representative sample of the 800 m2 outcropping secondary, supergene apatite-maghemite-monazite regolith has been submitted for Mineral Liberation Analysis at SGS laboratories, South Africa. This work is currently in progress. Initial whole rock geochemistry results received from SGS returned 26.8% CaO, 40.5% Fe2O3, 22% P2O5, 2.4% TiO2 and 0.7% TREO. These results indicate that approximately 50% of the rock is apatite. Further work is being done to delineate the extent of this rock type the area having the potential to host a significant phosphate resource. Benge Novo Clay Sampling Whole rock geochemistry and analytical results of clays collected from the deeply weathered Benge Novo alkaline complex were received. Clays were collected to determine possible bauxite and ionic clay potential. The clays showed a low Al2O3 content (<18%) with no bauxite minerals identified, however, the clays typically contain up to 1600 ppm TREO. The REE distribution shows a typical LREE distribution. XRF reports 65% SiO2, 18% Al2O3, 4.4% K2O and 3.5% Fe2O3. XRD work reported 46% quartz, 23% microcline, 26% kaolinite and 5% phlogopite. The Benge Novo complex is vast (10 km minimum in diameter) and soil covered. Further mapping, sampling and geophysics is required to effectively assess and explore this prospective alkaline complex. Buying Opportunity • Jun 19
Now 21% undervalued Over the last 90 days, the stock is up 2.7%. The fair value is estimated to be UK£0.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has grown by 36%. Buying Opportunity • May 19
Now 20% undervalued Over the last 90 days, the stock is up 1.9%. The fair value is estimated to be UK£0.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has grown by 36%. Reported Earnings • Apr 27
Full year 2022 earnings released: UK£0.024 loss per share (vs UK£0.044 loss in FY 2021) Full year 2022 results: UK£0.024 loss per share (improved from UK£0.044 loss in FY 2021). Revenue: UK£13.7m (down 14% from FY 2021). Net loss: UK£901.0k (loss narrowed 44% from FY 2021). Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Aerospace & Defense industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Jan 13
Pennant International Group plc Appoints Deborah Wilkinson as Non-Executive Director, Effective February 1, 2023 Pennant International Group plc announced the appointment of Deborah Wilkinson as Non-Executive Director with effect from February 1, 2023. Ms. Wilkinson is a chartered accountant (FCA) who trained with Deloitte and holds a BEng (Hons) in Mechanical Engineering. She has held various financial and commercial leadership roles with a range of businesses and has extensive experience in the defence aviation sector with Airborne Systems Group and IrvinGQ Limited. Deborah is currently a non-executive director of Compound Semiconductor Applications Catapult Limited. Ms. Wilkinson, aged 48, to the Board of the Company. Current directorships: Compound Semiconductor Applications Catapult Limited, Black Mountains Gliding Club, TDI Financial Services Limited, and TDI Properties Limited. Past directorships held within the last five years: Advanced Inflatable Products Limited, Advanced Inflatable Products Limited, Airborne Systems Limited, Airborne Systems Pension Trust Limited, Airborne Systems Group Limited, Airborne UK Acquisition Limited, Airborne UK Parent Limited, Aircraft Material Limited, Air-Sea Survival Equipment Trustee Limited, Edlaw Limited, GQ Parachutes Limited, Irvin Aerospace Limited and IrvinGQ Limited. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. 1 independent director (2 non-independent directors). Acting Independent Non-Executive Chairman Philip Cotton was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Oct 24
Pennant International Group plc Announces Directorate Change Pennant International Group plc announced the passing of its Chairman, John Ponsonby, after a short illness. Phil Cotton, Non-Executive Director, will be acting Chairman until a permanent appointment is made. Reported Earnings • Sep 22
First half 2022 earnings released: UK£0.022 loss per share (vs UK£0.046 loss in 1H 2021) First half 2022 results: UK£0.022 loss per share (improved from UK£0.046 loss in 1H 2021). Revenue: UK£6.95m (down 6.5% from 1H 2021). Net loss: UK£810.0k (loss narrowed 52% from 1H 2021). Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Aerospace & Defense industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Board Change • Aug 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Director Philip Cotton was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jul 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Director Philip Cotton was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 27
Full year 2021 earnings released: UK£0.044 loss per share (vs UK£0.072 loss in FY 2020) Full year 2021 results: UK£0.044 loss per share (up from UK£0.072 loss in FY 2020). Revenue: UK£16.0m (up 6.0% from FY 2020). Net loss: UK£1.61m (loss narrowed 39% from FY 2020). Over the next year, revenue is forecast to grow 6.5%, compared to a 12% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings. Announcement • May 02
Pennant International Group plc to Report Fiscal Year 2021 Results on May 25, 2022 Pennant International Group plc announced that they will report fiscal year 2021 results on May 25, 2022 Reported Earnings • Sep 23
First half 2021 earnings released: UK£0.046 loss per share (vs UK£0.089 loss in 1H 2020) The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: UK£7.43m (up 19% from 1H 2020). Net loss: UK£1.70m (loss narrowed 48% from 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. Executive Departure • Jun 10
Independent Chairman Simon Moore has left the company On the 2nd of June, Simon Moore's tenure as Independent Chairman ended after 5.0 years in the role. As of March 2021, Simon still personally held only 79.31k shares (UK£30k worth at the time). Simon is the only executive to leave the company over the last 12 months. Reported Earnings • May 02
Full year 2020 earnings released: UK£0.072 loss per share (vs UK£0.042 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: UK£15.1m (down 26% from FY 2019). Net loss: UK£2.63m (loss widened 76% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Announcement • Mar 10
Pennant International Group plc to Report Fiscal Year 2020 Results on Apr 21, 2021 Pennant International Group plc announced that they will report fiscal year 2020 results on Apr 21, 2021 Is New 90 Day High Low • Jan 15
New 90-day high: UK£0.44 The company is up 14% from its price of UK£0.39 on 16 October 2020. The British market is up 16% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Aerospace & Defense industry, which is up 9.0% over the same period. Is New 90 Day High Low • Dec 24
New 90-day high: UK£0.41 The company is up 17% from its price of UK£0.35 on 25 September 2020. The British market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Aerospace & Defense industry, which is up 9.0% over the same period. Is New 90 Day High Low • Nov 26
New 90-day high: UK£0.41 The company is up 21% from its price of UK£0.34 on 28 August 2020. The British market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Aerospace & Defense industry, which is up 4.0% over the same period. Reported Earnings • Sep 22
First half earnings released Over the last 12 months the company has reported total losses of UK£2.92m, with losses widening by 319% from the prior year. Total revenue was UK£19.4m over the last 12 months, up 29% from the prior year. Announcement • Aug 13
Pennant International Group plc to Report First Half, 2020 Results on Sep 21, 2020 Pennant International Group plc announced that they will report first half, 2020 results on Sep 21, 2020