PEN's FY22E update this morning highlights a c.£1.3m positive swing in profitability to a c.£0.5m EBITA number, reflecting in turn a number of good developments, including an encouraging revenue mix change and increased repeat earnings as well as a meaningfully re-aligned cost-base. 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 (which in turn brings with them a tail of l ....
