Pinewood Technologies Group (LON:PINE) Posts Earnings Results

Pinewood Technologies Group (LON:PINE) announced its quarterly earnings data on Wednesday. The company reported GBX 48 EPS for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 4,050 million for the quarter. Pinewood Technologies Group had a net margin of 124.20% and a return on equity of 35.39%.

Here are the key takeaways from Pinewood Technologies Group’s conference call:

• Delivered 30% revenue growth to £40.5m and underlying EBITDA up 17.1% to £16.4m, driven by new customers, upsells and the Seez acquisition.
• Management bought out Lithia’s share of the North American JV, recognised a £60.8m non‑cash gain and signed a $60m contract to roll out Pinewood across Lithia’s U.S. and Canadian dealerships, with OEM integrations and U.S. testing progressing as planned.
• The March 2025 Seez acquisition is being integrated to embed AI across the product stack and support upsell, but has slightly reduced gross margin and the recurring revenue mix (gross margin 85.7%, recurring revenue 83.2%).
• Strong funding position with £34.1m cash, an undrawn £10m RCF and a £34.1m equity raise, and management left FY2028 underlying EBITDA guidance unchanged at £58–62m, ~£50m of which is already covered by existing customers and signed contracts.
• Management says embedded AI (Assist) is reducing implementation time and training needs, improving capacity and expected working‑capital benefits (c.£12–13m in FY2028) and supporting projected net cash of ~£45–50m in FY2028.

Pinewood Technologies Group Trading Up 3.0%

Pinewood Technologies Group stock opened at GBX 247.76 on Friday. Pinewood Technologies Group has a 1-year low of GBX 200 and a 1-year high of GBX 575. The firm’s fifty day simple moving average is GBX 255.85 and its 200-day simple moving average is GBX 332.74. The company has a market capitalization of £283.63 million, a P/E ratio of 3.97 and a beta of 0.48.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “buy” rating and set a GBX 670 price target on shares of Pinewood Technologies Group in a report on Wednesday. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Pinewood Technologies Group currently has an average rating of “Buy” and a consensus target price of GBX 670.

Insider Transactions at Pinewood Technologies Group

In related news, insider William Berman bought 16,035 shares of the business’s stock in a transaction on Thursday, February 19th. The shares were bought at an average cost of GBX 310 per share, for a total transaction of £49,708.50. Also, insider Dietmar Exler purchased 2,500 shares of Pinewood Technologies Group stock in a transaction on Monday, February 16th. The stock was bought at an average cost of GBX 295 per share, with a total value of £7,375. Insiders purchased a total of 67,071 shares of company stock valued at $20,350,501 in the last three months. 41.46% of the stock is currently owned by company insiders.

Pinewood Technologies Group Company Profile

1981 – Origins
Pinewood was founded in 1981 after a Renault dealer in London grew frustrated with the lack of suitable systems to run his business. He assembled a small team of developers to build a better solution, marking the birth of Pinewood as a classic early-1980s tech startup.

1980s–1990s – Early Innovation
The team created one of the UK’s first Sales and Dealer Management Systems (DMS), soon partnering with brands like Saab, Lloyds Bowmaker, and a growing dealer group that became Pendragon PLC.

As Pendragon expanded, it acquired Pinewood to develop a multi-brand DMS capable of supporting large-scale dealership operations.