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Pensionbee makes progress but may need to raise capital

After an expensive marketing drive and expansion into the US, does the company need more funds?
March 14, 2024
  • Moved into profit in the final quarter
  • May need to raise capital to fund expansion

Pensionbee (PBEE) took the odd decision to release its results after hours on the exchange where it is listed – it joined the full FTSE All-Share in March 2023. The company said the results had been moved to a post-market close as “it's a more suitable timing for investors across the globe”, which also meant that there was no immediate price reaction to the results.

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