PCI-PAL (PCIP)

Sector:

IT Services

Index:

FTSE AIM All-Share

 44.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 46.00p
  • 52 Week Low: 19.50p
  • Currency: UK Pounds
  • Shares Issued: 42.55m
  • Volume: 45
  • Market Cap: £18.94m

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)

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

PCI-PAL Market Data

Currency UK Pounds
Share Price 44.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 46.00p
52 Week Low 19.50p
Volume 45
Shares Issued 42.55m
Market Cap £18.94m

PCI-PAL Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
62.04% below the market average62.04% below the market average62.04% below the market average62.04% below the market average62.04% below the market average
26.88% below the sector average26.88% below the sector average26.88% below the sector average26.88% below the sector average26.88% below the sector average
Price Trend
60.80% above the market average60.80% above the market average60.80% above the market average60.80% above the market average60.80% above the market average
45.63% above the sector average45.63% above the sector average45.63% above the sector average45.63% above the sector average45.63% above the sector average
Income Not Available
Growth
43.79% above the market average43.79% above the market average43.79% above the market average43.79% above the market average43.79% above the market average
38.95% above the sector average38.95% above the sector average38.95% above the sector average38.95% above the sector average38.95% above the sector average

PCI-PAL Dividends

No dividends found

Trades for 17-Feb-2020

Time Volume / Share Price
13:34 26,215 @ 43.50p
10:35 45 @ 44.25p

PCI-PAL Key Personnel

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

Top of Page