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

Pinewood Technologies Group (LON:PINE) announced its quarterly earnings results on Wednesday. The company reported GBX (6.70) earnings per share for the quarter, Digital Look Earnings reports. Pinewood Technologies Group had a return on equity of 35.39% and a net margin of 124.20%.

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 Price Performance

Shares of LON:PINE opened at GBX 446.03 on Wednesday. Pinewood Technologies Group has a 1 year low of GBX 200 and a 1 year high of GBX 495. The firm has a market capitalization of £520.57 million, a price-to-earnings ratio of 9.29 and a beta of 0.57. The business’s 50 day moving average price is GBX 434.39 and its 200-day moving average price is GBX 318.19.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reissued a “buy” rating and set a GBX 500 price objective 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, the stock currently has a consensus rating of “Buy” and an average price target of GBX 585.

About Pinewood Technologies Group

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.