PCI-PAL (PCIP)

Sector:

IT Services

Index:

FTSE AIM All-Share

 41.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 50.50
  • 52 Week Low: 26.00
  • Currency: UK Pounds
  • Shares Issued: 59.32m
  • Volume: 0
  • Market Cap: £24.32m

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 41.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 50.50
52 Week Low 26.00
Volume 0
Shares Issued 59.32m
Market Cap £24.32m

PCI-PAL Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
71.28% below the market average71.28% below the market average71.28% below the market average71.28% below the market average71.28% below the market average
41.05% below the sector average41.05% below the sector average41.05% below the sector average41.05% below the sector average41.05% below the sector average
Price Trend
79.47% above the market average79.47% above the market average79.47% above the market average79.47% above the market average79.47% above the market average
68.32% above the sector average68.32% above the sector average68.32% above the sector average68.32% above the sector average68.32% above the sector average
Income Not Available
Growth
53.79% above the market average53.79% above the market average53.79% above the market average53.79% above the market average53.79% above the market average
63.44% above the sector average63.44% above the sector average63.44% above the sector average63.44% above the sector average63.44% above the sector average

PCI-PAL Dividends

No dividends found

Trades for --2020

Time Volume / Share Price
0 @ 0.000p

PCI-PAL Key Personnel

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

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