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PensionBee Achieves Growth Milestones and Expands into the US Market
Company Announcements

PensionBee Achieves Growth Milestones and Expands into the US Market

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Invest with Confidence:

PensionBee Group PLC ( (GB:PBEE) ) has shared an announcement.

PensionBee Group plc has achieved significant growth with a 34% increase in assets under administration and a 38% rise in quarterly revenue. The company reached an adjusted EBITDA breakeven for 2024, marking financial stability supported by a strong UK market presence and efficient marketing strategies. The year also marked the company’s expansion into the US market, leveraging its partnership with State Street, and achieving key operational milestones, including the launch of a native mobile app, enhancing its service offering to new customers.

More about PensionBee Group PLC

PensionBee Group plc is a leading online pension provider, focusing on the consumer retirement market. The company offers pension management services primarily in the UK and has recently expanded into the US market. PensionBee’s services are highlighted by their focus on customer satisfaction, product innovation, and efficient marketing strategies.

YTD Price Performance: 7.79%

Average Trading Volume: 179,081

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £408.5M

Find detailed analytics on PBEE stock on TipRanks’ Stock Analysis page.

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