Added to YB: 2026-01-30
Pitch date: 2026-01-23
TGP.L [neutral]
Tekmar Group plc
+7.32%
current return
Author Info
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Company Info
Tekmar Group plc, together with its subsidiaries, designs, manufactures, and supplies subsea stability and protection technology to offshore energy markets.
Market Cap
GBP 14.3M
Pitch Price
GBP 0.10
Price Target
N/A
Dividend
N/A
EV/EBITDA
-3.63
P/E
-1.82
EV/Sales
0.60
Sector
Energy Equipment and Services
Category
turnaround
AIM A-Z Part 33: Trials, Strategic Review, Asset Management - Pass: Tekmar Group plc
TGP.L (pass): £15m offshore engineering services provider, share price doubled on two €8m contracts. Expects FY25 adj EBITDA £1.7m, £2.6m net debt. £12m H1 revenue shows customer concentration risk. Unprofitable for years, aiming for profitability under new 2024 CEO.
Read full article (1 min)