Plexus Holdings (POS) AI Stock Analysis

• Market Cap: £9.91M
• Dividend Yield: N/A
• Average Volume (3M): 871.87K
• Price to Earnings (P/E): 3.3
• Beta (1Y): 0.99
• Revenue Growth: 79.18%
• EPS Growth: -319.23%
• Country: UK
• Employees: 37
• Sector: Energy
• Sector Strength: 87
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): >-0.01
• Shares Outstanding: 105,386,240
• 10 Day Avg. Volume: 2,455,273
• 30 Day Avg. Volume: 871,874
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 1.37
• Price to Cash Flow (P/CF): -3.80
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Plexus Holdings' overall score reflects strong financial recovery and strategic corporate actions, such as successful fundraising, supporting its growth ambitions. However, the stock's overvaluation and technical indicators suggest caution due to potential price corrections.

Plexus Holdings Business Overview & Revenue Model

Company Description

Plexus Holdings (POS) is a specialized engineering and service company focused primarily on providing innovative solutions for the oil and gas sector. The company is renowned for its unique POS-GRIP friction grip technology, which enhances the performance and safety of wellheads and other critical equipment. Plexus Holdings operates within the energy sector, offering both product sales and rental services tailored to the needs of oil and gas exploration and production operations.

How the Company Makes Money

Plexus Holdings generates revenue primarily through the sale and rental of its proprietary POS-GRIP wellhead systems and associated equipment. The company capitalizes on the demand for advanced engineering solutions in the oil and gas industry, where its technology offers significant advantages in terms of safety and operational efficiency. Revenue streams include direct sales of wellhead systems, rental agreements, and service contracts that provide ongoing support and maintenance for its products. Additionally, Plexus Holdings may engage in strategic partnerships and licensing agreements to expand the reach and application of its technology, thereby enhancing its revenue potential.

Plexus Holdings Financial Statement Overview

Summary

Plexus Holdings has demonstrated strong recovery in financial performance, particularly with significant improvements in income statement metrics such as gross profit margin and revenue growth rate. The balance sheet is robust with low leverage and strong equity, while cash flow generation shows positive trends despite some volatility.

Income Statement

Plexus Holdings has demonstrated a remarkable turnaround in its income statement. The gross profit margin improved significantly to 57.7%, and the net profit margin turned positive at 23.1% as of the latest report. The revenue growth rate was exceptional at 756% from the previous year. EBIT and EBITDA margins also showed strong recovery at 28.3% and 38%, respectively, indicating improved operational efficiency. However, the company has experienced significant volatility in profitability over the years.

Balance Sheet

The balance sheet of Plexus Holdings shows a solid equity ratio of 77.4%, reflecting a strong capital base. The debt-to-equity ratio is low at 0.08, indicating low leverage, which reduces financial risk. The return on equity is healthy at 19%, showcasing efficient use of equity to generate profits. While these are positive indicators, the total assets have decreased over time, which could suggest potential constraints in future growth.

Cash Flow

Plexus Holdings has shown a positive trend in cash flow management, with free cash flow turning positive to 460,000. The operating cash flow to net income ratio is robust at 1.39, indicating healthy cash flow generation relative to net income. However, free cash flow growth has been highly volatile, and financing cash flows have fluctuated, which presents potential risks in maintaining consistent cash flow stability.

Breakdown
Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
12.72M	1.49M	2.31M	2.02M	525.00K
	Gross Profit
7.34M	1.09M	1.49M	955.00K	300.00K
	EBIT
3.60M	-4.26M	-4.29M	-4.55M	-5.68M
	EBITDA
4.84M	-2.65M	-3.93M	-2.55M	-3.37M
	Net Income Common Stockholders
2.93M	-4.01M	-7.46M	-4.50M	-6.61M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.49M	1.45M	5.84M	5.17M	4.09M
	Total Assets
19.91M	18.63M	21.82M	27.08M	29.95M
	Total Debt
1.28M	2.46M	5.04M	3.44M	1.68M
	Net Debt
-1.20M	1.01M	-797.00K	-1.73M	-2.41M
	Total Liabilities
4.50M	7.11M	6.29M	4.09M	2.46M
	Stockholders Equity
15.41M	11.52M	15.54M	22.99M	27.49M
Cash Flow		Free Cash Flow
460.00K	-2.84M	-3.52M	-3.06M	-5.29M
	Operating Cash Flow
4.08M	-1.44M	-2.63M	-2.65M	-4.79M
	Investing Cash Flow
-2.63M	-195.00K	1.83M	2.08M	4.18M
	Financing Cash Flow
-410.00K	-2.76M	1.47M	1.66M	-455.00K

Plexus Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 8.85
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:POS, the sentiment is Positive. The current price of 8.85 is above the 20-day moving average (MA) of 7.41, above the 50-day MA of 7.91, and below the 200-day MA of 10.73, indicating a neutral trend. The MACD of 0.28 indicates Negative momentum. The RSI at 75.26 is Negative, neither overbought nor oversold. The STOCH value of 88.65 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:POS.

Plexus Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WEIR	69 Neutral	£6.11B	19.57	17.83%	1.63%	-4.95%	36.95%
POS	63 Neutral	£9.91M	3.28	-4.17%	―	79.18%	-319.23%
HTG	61 Neutral	£509.05M	4.81	-2.91%	2.62%	9.74%	-123.08%
Sector *	58 Neutral	$9.14B	5.36	-7.06%	7.50%	0.46%	-64.27%

Plexus Holdings Corporate Events

Plexus Holdings Secures £3.5 Million in Fundraising Effort

Plexus Holdings Plc has announced a successful fundraising initiative, raising a total of £3.5 million through a combination of Placing, Subscription, and Retail Offer. The company plans to convert outstanding convertible loan notes into shares, subject to shareholder approval at the upcoming general meeting. This move is expected to enhance Plexus’s financial position and support its ongoing operations and strategic initiatives in the oil equipment and services sector. The transaction involves related party participation, deemed fair and reasonable by the company’s independent director and adviser.

Plexus Holdings Reports Interim Results and Strategic Progress Amid Industry Changes

Plexus Holdings Plc reported a decrease in revenue for the six months ending December 2024, primarily due to the absence of a one-off licensing deal from the previous year. Despite this, the company has made strategic progress with new leadership appointments and significant contract wins, including a £3.5 million fundraising initiative to expand its rental fleet. The company is focusing on high-margin wellhead rentals and special projects, aiming to leverage its proprietary technology to capture growing international opportunities. With a strong safety record and a commitment to innovation, Plexus is well-positioned for sustainable growth in the evolving energy sector.

Plexus Holdings CEO to Host Live Investor Presentation

Plexus Holdings PLC announced that CEO Craig Hendrie will deliver a live presentation via Investor Meet Company on March 26, 2025. This event is open to all existing and potential shareholders, providing an opportunity to engage with the company’s leadership and gain insights into its operations and future plans. The presentation underscores Plexus’s commitment to transparency and stakeholder engagement, potentially enhancing its market positioning and investor relations.

Plexus Holdings Raises £0.5 Million Through Oversubscribed Retail Offer

Plexus Holdings announced the successful closure of its Retail Offer, raising £0.5 million through the oversubscribed issuance of 7,692,307 shares at 6.5 pence each. The new shares will be admitted to trading on AIM, increasing the total number of voting shares to 172,691,366. This capital raise supports Plexus’s ongoing operations and strategic initiatives, reinforcing its market position and commitment to innovation in the energy sector.

Plexus Holdings Launches £500,000 Retail Offer to Strengthen Financial Position

Plexus Holdings PLC has announced a retail offer to raise up to £500,000 through the issuance of new ordinary shares. This fundraising effort is part of a broader initiative to raise £3.0 million, which includes a conditional placing and intended subscription for new shares. The retail offer is specifically targeted at existing shareholders in the UK, and the company emphasizes the importance of its retail shareholder base. The new shares will be admitted to trading on the AIM market, with dealings expected to commence on April 8, 2025. This move is expected to strengthen Plexus Holdings’ financial position and support its operational goals.

Plexus Holdings Raises Funds to Expand Wellhead Equipment Inventory

Plexus Holdings has successfully raised £1.0 million through a placing of new ordinary shares and plans to raise an additional £2.0 million through a subscription by its directors, with a potential further £0.5 million from a retail offer. The funds will be used to expand its rental equipment inventory, particularly the Exact-EX wellhead equipment, to meet growing demand in the global P&A and exploration wellhead markets. This strategic move is expected to enhance Plexus’s market position and support its growth strategy, delivering value to shareholders.

Plexus Holdings Announces £3.5 Million Fundraising to Expand Wellhead Equipment Fleet

Plexus Holdings PLC has announced a fundraising initiative through a placing, subscription, and retail offer to raise approximately £3.5 million. The funds will be used to manufacture additional sets of Exact-Ex wellhead equipment, doubling the company’s rental fleet to meet the growing demand for Jack-up rental wellheads. This move is part of Plexus’s strategic focus on the Jack-up wellhead market, aiming to capitalize on its proven wellhead equipment and IP-led technologies. The fundraising and conversion are contingent upon shareholder approval at a General Meeting, with the net proceeds expected to enhance Plexus’s market positioning and operational capabilities.