UK's Pennant International FY25 revenue drops, maintains margins

Pennant International

19/01/2026 07:12

Overview

UK systems support software firm's FY25 revenue fell yr/yr, maintaining gross margins

Record ARR of £2.4 mln from Auxilium software products achieved

Net debt reduced to £0.2 mln following property disposal and funding initiatives

Outlook

Pennant expects software ARR to exceed £3.0 mln by end of FY26

Company anticipates break-even adjusted PBT in FY26

Pennant forecasts positive operating cash-flow such that investment in Auxilium product development is internally funded

Result Drivers

AUXILIUM GROWTH - Record ARR of £2.4 mln from Auxilium software products due to expansion into new territories and industries

TRAINING SYSTEMS CONTRACTS - Secured £9.5 mln in contracts for Training Systems segment over next three years

ORDER BOOK STRENGTH - Three-year contracted order book of £23.3 mln, with £9.7 mln scheduled for delivery in 2026

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Gross Margin
50.00%
FY Pretax Profit
-GBP 2.60 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the it services & consulting peer group is "buy"

Wall Street's median 12-month price target for Pennant International Group PLC is GBp40.00, about 100% above its January 16 closing price of GBp20.00

Press Release: ID:nRSS3217Pa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)