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Pensionbee Group PLC
F:6HD

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Pensionbee Group PLC
F:6HD
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Price: 1.59 EUR -0.63% Market Closed
Market Cap: €357.5m

Pensionbee Group PLC
Investor Relations

PensionBee Group PLC is a UK pension company that helps people bring old workplace pensions together into one online account. Customers use its app and website to track their savings, move pension pots into a PensionBee plan, and choose from a range of pension investment strategies. The company is aimed mainly at individual savers who want a simpler way to manage retirement money, especially people who have built up several small pensions from different jobs. The business makes money by managing those pension assets and charging ongoing fees for administration and investment management. In simple terms, customers transfer their pension savings to PensionBee, and the company looks after the account, handles the paperwork, and invests the money according to the customer’s chosen plan. That means its revenue is tied to the amount of pension money it oversees rather than to selling one-off products. What makes PensionBee different is that it sits at the front end of the pension value chain: it is not an employer pension provider, but a consumer-facing consolidator and manager of retirement savings. Its role is to make a complicated, paper-heavy industry feel easy through a digital service, while still relying on regulated pension administration and asset management underneath.

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Last Earnings Call
Fiscal Period
Q1 2026
Call Date
Apr 22, 2026
AI Summary
Q1 2026

Strong growth: PensionBee said Q1 2026 delivered strong year-on-year growth in assets under administration, revenue and invested customers despite macroeconomic volatility.

UK momentum: U.K. assets under administration reached GBP 7.5 billion, annual run rate revenue reached GBP 52 million, and invested customers hit 315,000.

Profitability improved: The U.K. business was profitable in the quarter, with adjusted EBITDA margin improving to 5% from negative 11% a year ago; group EBITDA was breakeven.

Marketing up: Management plans to lift U.K. marketing spend to the mid-teens millions this year and expects a similar quarterly phasing, with new brand partnerships helping reach new audiences.

US build-out: The U.S. business is still in investment mode, but management said it is well funded and seeing encouraging early traction in both direct-to-consumer and B2B channels.

AI and efficiency: BeeBot is already handling 30% to 50% of live chats, with a near-term goal of 65%, and management sees further scope to automate customer service and improve productivity.

Key Financials
Assets under administration
GBP 7.5 billion
Annual run rate revenue
GBP 52 million
Invested customers
315,000
Net new invested customers
about 10,000
U.K. adjusted EBITDA margin
5%
Group EBITDA
breakeven
Revenue margin
67 basis points
LTM monthly group revenue growth
32%
Marketing budget
around the mid-teens million pounds
Q1 U.K. marketing spend
GBP 4.7 million
CPIC
GBP 258
Lifetime value to CAC
5x to 7x
Payback period
around 2 to 3 years
Cash balance
roughly GBP 32 million
U.S. marketing spend
around GBP 900,000
U.S. marketing refund rate
more than 90%, well above more than 95%
U.S. investment loss in Q1
GBP 1.2 million
Cumulative U.S. profitability since launch
about GBP 7.6 million
Cumulative cash investment in U.S.
GBP 4.6 million
New customer average incoming age
39.6
Contributions
around 25%
BeeBot chat resolution
30% to 50%
U.K. staff productivity improvement
23% year on year
Staff per invested customer
close to 1,700
2029 revenue target
above GBP 100 million
2029 adjusted EBITDA margin target
circa 20%
2034 revenue target
above GBP 0.25 billion
2034 adjusted EBITDA margin target
circa 50%
Earnings Call Recording
Other Earnings Calls

Management

Ms. Romina Rousslanova Savova
Co-Founder, CEO & Director
No Bio Available
Mr. Jonathan R. Lister Parsons
Co-Founder, CTO & Director
No Bio Available
Mr. Christoph Johannes Martin
CFO & Executive Director
No Bio Available
Ms. Tess Nicholson
Chief Operating Officer
No Bio Available
Mr. Matthew Ronald Cavanagh
Chief Legal Officer & General Counsel
No Bio Available
Mr. Jasper Martens
Chief Marketing Officer
No Bio Available
Ms. Clare Reilly
Chief Engagement Officer
No Bio Available
Ms. Lisa Picardo
Chief Corporate Officer
No Bio Available
Mr. Matt Loft
Chief Design Officer
No Bio Available
Ms. Petra Miskov
Chief Risk Officer
No Bio Available

Contacts

Address
London
55 Basinghall Street
Contacts
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