Breakdown | |||||
TTM | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
33.22M | 14.83M | 31.94M | 24.94M | 25.28M | 25.40M | Gross Profit |
8.47M | 3.73M | 8.94M | 5.16M | 5.71M | 3.39M | EBIT |
7.00K | -2.38M | -710.00K | -3.08M | -1.74M | -4.83M | EBITDA |
1.15M | -1.63M | 836.00K | -1.91M | -2.65M | -15.70M | Net Income Common Stockholders |
-507.00K | -2.44M | -679.00K | -4.04M | -4.20M | -18.88M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
1.78M | 116.00K | 945.00K | 1.78M | 3.22M | 3.42M | Total Assets |
27.60M | 24.43M | 26.94M | 27.60M | 30.93M | 35.09M | Total Debt |
4.44M | 1.56M | 3.31M | 5.28M | 8.13M | 10.82M | Net Debt |
2.66M | 1.44M | 2.36M | 3.50M | 4.91M | 7.41M | Total Liabilities |
15.49M | 13.26M | 13.36M | 15.49M | 14.91M | 21.77M | Stockholders Equity |
12.10M | 11.16M | 13.59M | 12.10M | 16.02M | 13.31M |
Cash Flow | Free Cash Flow | ||||
1.11M | 190.00K | -606.00K | 129.00K | -7.90M | -371.00K | Operating Cash Flow |
1.53M | 630.00K | -30.00K | 665.00K | -6.58M | 1.73M | Investing Cash Flow |
-223.00K | -421.00K | -398.00K | 1.53M | 2.23M | 3.61M | Financing Cash Flow |
-1.75M | -684.00K | -410.00K | -3.63M | 4.15M | -4.13M |
Pressure Technologies plc announced the results of its 2025 Annual General Meeting, where all twelve proposed resolutions were passed. Notably, there was a significant proportion of votes against the resolution to authorize the allotment of shares, prompting the Board to engage with shareholders for further discussions. Additionally, a special resolution to change the company’s name to Chesterfield Special Cylinders Holdings plc was approved, with the change expected to take effect on March 21, 2025. This rebranding reflects the company’s focus on its core operations and market positioning.
Pressure Technologies plc announced its 2025 Annual General Meeting and a proposed name change to Chesterfield Special Cylinders Holdings plc, reflecting its focus on global defence and hydrogen energy markets. The company has secured key contracts in these sectors and anticipates continued growth in Integrity Management services, maintaining a stable outlook for FY25.
Pressure Technologies plc announced that its subsidiary, Chesterfield Special Cylinders, has secured a significant contract with Hydrasun Limited to supply pressurized hydrogen storage systems for the bp Aberdeen Hydrogen Hub project. This contract marks a strategic milestone for the company as it positions itself to support the UK government’s Net Zero strategy and anticipates further hydrogen contract awards in 2025, which will bolster its revenue for the coming years.
Pressure Technologies PLC has announced a change in its shareholder structure, with Peter Gyllenhammar AB increasing its voting rights to 17.07% from a previous 16.84%. This acquisition of voting rights signifies a potential shift in influence within the company, which could impact its strategic decisions and stakeholder interests.
Pressure Technologies has announced the publication of its 2025 annual general meeting notice, with the meeting scheduled for March 20, 2025, in London. This announcement is significant as it provides shareholders with the opportunity to engage with the company’s strategic direction and operational updates, potentially impacting its market positioning and stakeholder relations.
Pressure Technologies plc announced its full-year 2024 results, highlighting a strategic shift with the sale of its Precision Machined Components division, allowing a stronger focus on its Chesterfield Special Cylinders division. Despite mixed trading performance and a reported loss of £2.3 million, the company is optimistic about future growth, particularly in defense and hydrogen markets, aided by recent significant contract wins and operational improvements.
Pressure Technologies plc has announced plans to change its name to Chesterfield Special Cylinders Holdings plc, pending shareholder approval at the upcoming Annual General Meeting. This rebranding aligns the company’s identity more closely with its core subsidiary, potentially strengthening its market presence and stakeholder recognition.
Pressure Technologies plc’s subsidiary, Chesterfield Special Cylinders, has been awarded a significant contract to supply safety-critical pressure vessels to General Dynamics Electric Boat, a prime contractor for the US Navy. This contract marks CSC’s entry into the US naval defence market and is expected to support the company’s growth through ongoing submarine construction programs extending to 2043, bolstering its order book for FY25 and FY26.
Pressure Technologies announced that it will release its preliminary financial results for the year ending September 30, 2024, on February 5, 2025. The company will host a live online presentation the same day, providing existing and potential investors an opportunity to hear about the company’s results, strategy, and outlook. This announcement could impact investor relations and the company’s market positioning as stakeholders gain insights into the company’s performance and future plans.