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

Posted by Brenda Bartman on Sep 30th, 2026

Pinewood Technologies Group (LON:PINE – Get Free Report) 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 net margin of 124.20% and a return on equity of 35.39%.

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 Down 0.1%

Shares of PINE traded down GBX 0.47 during mid-day trading on Wednesday, reaching GBX 446.03. The company had a trading volume of 71,054 shares, compared to its average volume of 3,267,780. Pinewood Technologies Group has a 52-week low of GBX 200 and a 52-week high of GBX 495. The stock has a market capitalization of £520.57 million, a P/E ratio of 9.29 and a beta of 0.57. The stock has a 50 day moving average of GBX 434.39 and a two-hundred day moving average of GBX 318.19.

Analyst Ratings Changes

Separately, Jefferies Financial Group restated a “buy” rating and issued a GBX 500 target price on shares of Pinewood Technologies Group in a research note on Friday, June 26th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 585.

View Our Latest Stock Report on Pinewood Technologies Group

About Pinewood Technologies Group

(Get Free Report)

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.