This morning's FY22A results strongly reaffirm PEN's strategy of shifting the business mix towards higher margin software and technical services, together with judicious paring of costs, with a big upward profit swing (£1.3m). Gross margins at 42.3% outpaced those of a year earlier (27.3%) by a country mile. PEN supplies software / integrated product support solutions to an extensive client list of OEM's and governments, with an increasing accent on software products/ services, whose revenues ....
