Pinewood Technologies Group (LON:PINE) Posts Quarterly Earnings Results

Pinewood Technologies Group (LON:PINE) released its quarterly earnings data on Wednesday. The company reported GBX (6.70) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Pinewood Technologies Group had a net margin of 98.86% and a return on equity of 21.48%.

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

• H1 revenue rose 18.4% to £23.2 million, while underlying EBITDA increased 11.4% to £8.8 million, supported by new customers, upselling and a full-period contribution from Seez.
• Net customer churn was negative, indicating increased usage among existing customers, while recurring revenue remained approximately 85% of total revenue.
• The company remains on track to begin rolling out its platform to Lithia’s first U.S. dealerships in Q4 2026, marking a key entry point into the large North American market.
• Cash from operations fell to £1.9 million from £8.5 million, while £8.0 million of capital expenditure—mostly development spending—contributed to a £10.4 million decline in cash to £23.9 million.
• Shareholders approved Ridgeview Partners’ £4.48-per-share acquisition offer, which is expected to complete between October 9 and 23 and is intended to provide additional technology expertise and capital to accelerate growth, particularly in North America.

Pinewood Technologies Group Stock Up 0.1%

Shares of LON PINE traded up GBX 0.50 during trading on Friday, reaching GBX 446.50. The company had a trading volume of 60,576 shares, compared to its average volume of 3,234,966. The stock has a market cap of £521.12 million, a P/E ratio of 9.30 and a beta of 0.57. The company’s fifty day moving average price is GBX 439.65 and its 200-day moving average price is GBX 320.82. Pinewood Technologies Group has a 12 month low of GBX 200 and a 12 month high of GBX 495.

Analyst Ratings Changes

Separately, Jefferies Financial Group reissued a “buy” rating and set a GBX 500 target price on shares of Pinewood Technologies Group in a report on Friday, June 26th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, Pinewood Technologies Group presently has an average rating of “Buy” and an average price target of GBX 585.

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.