Petards Group plc (LON:PEG – Get Rating) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 10.95 ($0.13) and traded as low as GBX 9.05 ($0.11). Petards Group shares last traded at GBX 9.50 ($0.12), with a volume of 115 shares. The stock has […]
Petards Group plc (LON:PEG – Get Rating)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 10.64 ($0.14) and traded as low as GBX 10.51 ($0.14). Petards Group shares last traded at GBX 10.51 ($0.14), with a volume […]
28 May 2021 | 08:06am
StockMarketWire.com - Petards Group, the AIM quoted developer of advanced security and surveillance systems, made a profit in 2020 as solid progress was made in most areas despite the impact of Covid-19.
While total revenues were down from £13.0 million in 2020 from £15.7 million in 2019, its gross profit margin was 36.4% up from 30.8% in 2019.
It made an adjusted EBITDA profit of £320,000 from a £281,000 loss in 2019.
Its operating loss was £1,145,000 (2019: £1,287,000 loss) while loss after tax was £583,000 (2019: £193,000 loss)
The company s full-year results said accelerated restructuring resulting in a significant reduction in the on-going cost base, while its QRO business had record trading performance which has continued into 2021.