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Cordel Group PLC (CRDL) vs. S&P 500 (SPY)
Cordel Group PLC Business Overview & Revenue Model
Cordel Group PLC Financial Statement Overview
| Breakdown | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 4.44M | 3.05M | 2.27M | 1.69M | 872.27K | Gross Profit |
| -606.23K | 156.75K | -401.65K | -433.70K | -435.80K | EBIT |
| -1.72M | -448.76K | -1.79M | -1.23M | -1.01M | EBITDA |
| -1.06M | -331.46K | -1.02M | -1.10M | -924.38K | Net Income Common Stockholders |
| -1.30M | -598.15K | -1.20M | -1.02M | -969.95K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 1.02M | 1.28M | 339.67K | 1.54M | 1.56M | Total Assets |
| 4.14M | 4.82M | 3.59M | 4.46M | 3.64M | Total Debt |
| 253.92K | 32.70K | 139.31K | 137.27K | 155.66K | Net Debt |
| -768.26K | -1.25M | -200.35K | -1.40M | -1.41M | Total Liabilities |
| 1.62M | 1.02M | 850.29K | 614.69K | 789.69K | Stockholders Equity |
| 2.52M | 3.80M | 2.74M | 3.84M | 2.85M |
| Cash Flow | Free Cash Flow | |||
| -239.83K | -689.96K | -1.23M | -1.96M | -960.86K | Operating Cash Flow |
| -94.65K | -629.15K | -1.07M | -1.81M | -889.27K | Investing Cash Flow |
| -136.52K | 8.61K | -152.64K | -155.78K | -53.28K | Financing Cash Flow |
| -15.59K | 1.58M | 12.71K | 1.94M | -6.18K |
Cordel Group PLC Technical Analysis
Cordel Group PLC Peers Comparison
Cordel Group PLC Corporate Events
Cordel Group PLC has expanded its contract with Genesee & Wyoming Inc. (G&W) from 900 to 2,000 track miles, adding a second Cordel Rugged LiDAR system to enhance data accuracy for G&W’s freight railroads. This expansion will improve G&W’s ability to assess clearances for high and wide loads and will see Cordel’s proprietary rail data platform extended across the G&W enterprise, strengthening Cordel’s position in the rail corridor data analysis and Positive Train Control sectors.
Cordel Group PLC reported a 16% revenue increase to £2.28 million in the six months ending December 2024, driven by growth in Australia and the USA. The company reduced its cost of sales by 26%, leading to a gross margin improvement to 70%. The period saw Cordel securing new contracts in the UK, USA, and Australia, and launching a major technology initiative, the Positive Train Control project. The company plans further expansion, supported by steady customer growth and a robust cash position, indicating confidence in achieving its fiscal year revenue targets.
Cordel Group PLC has announced a partnership with VRSD, a subsidiary of Vossloh AG, to conduct a Proof of Concept (PoC) project deploying Cordel’s LiDAR and AI technology on VRSD’s rail grinding machines. This collaboration aims to integrate their technologies to improve operational efficiency and enhance rail maintenance for railway infrastructure, marking Cordel’s entry into the continental European market.
Cordel Group PLC has secured a new contract with Network Rail to enhance its Railway Gauging Data Solution, responding to the needs of over 600 users within Network Rail and its ecosystem. This contract involves improving data management and user interface efficiencies, aligning with new standards, and ensuring seamless integration of different systems, underscoring Cordel’s commitment to addressing the evolving needs of its clients.
Cordel Group PLC has secured a new contract with Angel Trains Ltd, leveraging its AI platform to enhance track geometry data collection from high-speed trains on Network Rail’s West Coast Main Line. This project aims to provide a cost-effective alternative to traditional infrastructure monitoring, improving track maintenance efficiency and service reliability for operators and passengers.
Cordel Group PLC has announced the exercise of 2,050,000 share options by former employees, resulting in the issuance of new ordinary shares. These shares are set to be admitted to trading on AIM, raising the company’s total issued share capital to 216,923,230 shares. This move may impact shareholder notifications under the FCA’s regulations.