PCI-PAL (PCIP)

Sector:

IT Services

Index:

FTSE AIM All-Share

37.00p
   
  • Change Today:
    -1.00p
  • 52 Week High: 50.50
  • 52 Week Low: 26.00
  • Currency: UK Pounds
  • Shares Issued: 59.32m
  • Volume: 22,618
  • Market Cap: £21.95m

PCI-PAL loss widens on expansion costs

By Duncan Ferris

Date: Wednesday 09 Oct 2019

LONDON (ShareCast) - (Sharecast News) - PCI-PAL on Wednesday reported a widened annual loss as costs increased on the back of its expansion into North America.
The payment technology specialist booked a pre-tax loss of £4.5m for the year ended 30 June, compared with a loss of £3.8m from the prior year.

Administrative expenses rose by 37% to £6.4m, while revenue jumped by 40% to £2.8m on 95% renewal and retention rates.

Gross margin improved from 43% to 60% as the business now has only a limited reliance on third party carriers following the transition of its service delivery to Amazon Web Services.

Chief executive James Barham said the company continued to see increases in sales opportunities as it worked on building commercial partnerships.

"As a result the business is developing strong revenue visibility, and I can report that the new financial year has started well and in line with management expectations," he said.

PCI-PAL shares were down 3.74% at 25.51p at 0941 BST.

(Editing by Frank Prenesti)

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PCI-PAL Market Data

Currency UK Pounds
Share Price 37.00p
Change Today -1.00p
% Change -2.63 %
52 Week High 50.50
52 Week Low 26.00
Volume 22,618
Shares Issued 59.32m
Market Cap £21.95m

PCI-PAL Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
71.35% below the market average71.35% below the market average71.35% below the market average71.35% below the market average71.35% below the market average
43.75% below the sector average43.75% below the sector average43.75% below the sector average43.75% below the sector average43.75% below the sector average
Price Trend
56.78% above the market average56.78% above the market average56.78% above the market average56.78% above the market average56.78% above the market average
35.92% above the sector average35.92% above the sector average35.92% above the sector average35.92% above the sector average35.92% above the sector average
Income Not Available
Growth
48.74% above the market average48.74% above the market average48.74% above the market average48.74% above the market average48.74% above the market average
48.94% above the sector average48.94% above the sector average48.94% above the sector average48.94% above the sector average48.94% above the sector average

PCI-PAL Dividends

No dividends found

Trades for 13-Aug-2020

Time Volume / Share Price
13:49 25,000 @ 38.60p
14:17 764 @ 38.60p
13:26 4,000 @ 35.82p
11:46 10,892 @ 35.80p
10:35 1,549 @ 35.33p

PCI-PAL Key Personnel

Finance Director Stuart Gordon
CFO William Good
CEO James Barham
Chair Simon Wilson

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