Added to YB: 2026-08-12
Pitch date: 2026-08-10
POS.L [neutral]
Plexus Holdings plc
Author Info
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Company Info
Plexus Holdings plc, together with its subsidiaries, engages in the provision of wellhead equipment, related equipment, and services in the United Kingdom, the United States, Europe, and internationally.
Market Cap
GBP 5.4M
Pitch Price
GBP 0.04
Price Target
N/A
Dividend
N/A
EV/EBITDA
-3.61
P/E
-1.19
EV/Sales
2.45
Sector
Energy Equipment and Services
Category
special_situation
Plexus Juice Cactus Juice
POS.L (overview): £5.4m nano-cap oilfield wellhead tech (POS-GRIP). 1H26 rev just £1.2m, £2.1m loss. New £2.5m non-dilutive engineering deal w/Cactus Wellhead (£1m upfront, debenture-secured) funds ops to 2028 + validates IP internationally, possible takeover target. 12 rental wellheads (16 planned) mostly idle; full deployment = £15-18m rev, £6.5-8.9m PBT. Catalysts: North Sea policy shift, £1.5m P&A orders, EU/US methane emissions rules favoring leak-free seals. Risks: North Sea decline, near-zero utilization.
Read full article (4 min)