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PIPEHAWK PLC

PIPEHAWK PLC

LLSE:PIP
1.90
GBX
0.00
(0.00%)
78.07MMarket Cap
PIPEHAWK PLC
LSE:PIP
(London Stock Exchange)

Recent

price

1.90

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
GBP
0.09
0.09
0.1
0.16
0.15
0.14
0.15
0.17
0.14
0.2
0.24
0.19
0.17
0.18
0.25
0.1
- -
Revenue per Share
-0.03
0.01
- -
-0.06
-0.02
-0.02
-0.02
0.01
- -
0.01
0.02
0.01
-0.02
-0.07
-0.02
-0.01
- -
Basic EPS, GAAP
-0.03
-0.01
- -
0.01
- -
- -
-0.01
0.01
-0.01
0.04
-0.02
0.03
-0.03
0.03
-0.01
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-0.01
- -
- -
-0.06
-0.08
-0.09
-0.11
-0.11
-0.11
-0.1
-0.08
-0.06
-0.08
-0.15
-0.17
-0.18
-0.19
Book Value per Share
-0.1
-0.1
-0.1
-0.09
-0.11
-0.12
-0.15
-0.14
-0.14
-0.13
-0.12
-0.1
-0.12
-0.17
-0.17
-0.18
-0.19
Tangible Book Value per Share
29
33
33
33
33
33
33
33
34
34
35
35
36
36
36
36
36
Basic Weighted Avg Shares
3
3
3
5
5
5
5
6
5
7
8
7
6
6
9
4
- -
Sales/Revenue/Turnover
-32.66
9.04
3.29
14.38
-9.8
-12.19
-17.83
-0.28
-8.52
0.85
4.86
3.86
-21.19
-34.33
-11.51
3.15
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
1
- -
- -
Depreciation Expense
-1
- -
- -
-2
-1
-1
-1
- -
- -
- -
1
1
-1
-2
-1
- -
- -
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-32.02
8.42
0.84
-36.98
-10.23
-10.87
-15.65
3.14
-3.15
4.67
7.09
7.83
-14.02
-38.39
-8.98
-6.92
- -
Profit Margin (%)
-1
1
- -
1
- -
- -
-3
-3
-2
-2
-2
-1
-2
-4
-3
-3
-4
Working Capital
3
3
3
3
2
2
2
2
3
3
3
3
6
5
4
4
4
LT Debt
- -
- -
- -
-2
-2
-3
-4
-4
-4
-3
-3
-2
-3
-5
-6
-6
-7
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

GBP

•

in mil. unless spec.
Dec'25
Jun'25
Dec'26
ST Debt
3
3
4
LT Borrowings
- -
4
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
36
36
36
Market Capitalization
1
1
1

Working Capital

GBP

•

in mil. unless spec.
Dec'25
Jun'25
Dec'26
Total Current Assets
1
1
1
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
1
- -
1
Inventories
- -
- -
- -
Total Current Liabilities
4
4
5
Payables & Accruals
- -
- -
- -
ST Debt
3
3
4
Deferred Revenue
- -
- -
- -

Growth Rates

GBP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.14%
23.06%
1.88%
Free Cash Flow
-200.52%
-182.7%
-135.36%
Net Income, GAAP
-70.3%
-45.41%
-68.45%
Sales/Revenue/Turnover
3.02%
-8.07%
-59.04%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
9
2025
- -
- -
4
2026
- -
- -
- -

Semi-annual Earnings Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.02
2025
- -
- -
-0.01
2026
- -
- -
- -

Semi-annual Dividends Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -
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Business
PipeHawk plc (PIP.L) develops, assembles and sells test system solutions, rail industry solutions and ground probing radar (GPR) equipment primarily for civil engineering, utility detection, land mine detection and infrastructure maintenance applications; it provides utility detection and mapping services through Adien Ltd, electronic system design, manufacture, test equipment, transfer systems and automation solutions for automotive, aerospace, rail and related industries via its test systems division; and offers rail trackside solutions including machines, attachments and tools for railway track renewal and maintenance through Thomson Engineering Design Ltd (TED), alongside skid resistance testing equipment and specialist surveying services through its other units. The company operates through segments encompassing utility detection and mapping services, development/assembly/sale of GPR equipment, automation/test system solutions and rail trackside solutions; it serves utilities, government, rail, highways, automotive, aerospace and telecoms sectors with target customers including Network Rail, Transport for London, infrastructure contractors and international distributors. Founded in 2000 and headquartered in Cinderford, United Kingdom, PipeHawk maintains multiple facilities across the UK with products and services supplied to Europe, North America, Brazil, India and other regions worldwide. Recent developments include the administration of subsidiary QM Systems Ltd in July 2024 following deferred orders and failure of significant contracts, resulting in its deconsolidation and an exceptional gain recognition; sustained partnership with Unipart Rail Ltd yielding high-output rail machinery sales and exhibitions at international events like IAF Munster in May 2025 generating over £500,000 in RFQs for London Underground projects; turnover growth in core businesses to £3.7 million for the year ended 30 June 2025 (up 27% excluding QM), with TED revenues rising 55% to £1.77 million, Adien expanding in telecoms/water/power and launching a CCTV division, and Utsi Electronics achieving 30% turnover growth via EU/ROW sales and bespoke GPR systems; Executive Chairman Gordon Watt renewing financial support including a £1.0 million convertible unsecured loan stock (CULS) extended to August 2026 and a letter of support to December 2026 amid ongoing net liability position; and a half-year report issued in March 2025 alongside grants of options in December 2024.