Last 28.50 GBp
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promethean world plc (PRW) Snapshot

28.25 GBp
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28.50 GBp
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02/26/14 - 39.75 GBp
52 Week Low
10/23/13 - 16.75 GBp
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-0.03 GBp
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promethean world plc (PRW) Details

Promethean World Plc creates, develops, supplies, and supports learning technology solutions primarily for the education market. The company designs, manufactures, and supplies electronic equipment primarily interactive display systems, interactive assessment technologies, and a range of complementary audio visual equipment and educational software. It offers ActivBoard interactive whiteboards and teaching software for digitally connected classrooms; ActivTable, a multi-user interactive table; ActivExpression, ActivEngage, and ActiVote assessment and student response systems for educators; and ActiView visual presenters and document cameras that transform any object or document into an interactive teaching tool. The company also provides ActivInspire, which enables teachers to offer lessons with activities that blend real-time assessment and real-world experience; and Promethean ActivOffice that incorporates features of ActivInspire tools and Promethean student response systems into Microsoft PowerPoint. In addition, it provides Promethean Planet, an online community of educators that enables sharing own lessons and lesson resources; and Publisher Created Resources, which offer ready-made interactive lessons for students of various ages and learning levels. Further, the company offers digital content products that include Interactive Lessons for Journeys Common Core to for learning needs of students; On Core Lessons for Common Core Math, a series of interactive whiteboard lessons for mathematics; ActivProgress curriculum and assessment management system; and training, certification, professional development, and support services for educators. Promethean World Plc is based in Blackburn, the United Kingdom.

686 Employees
Last Reported Date: 04/4/14

promethean world plc (PRW) Top Compensated Officers

Chief Executive Officer and Executive Directo...
Total Annual Compensation: 474.0K GBP
Compensation as of Fiscal Year 2013.

promethean world plc (PRW) Key Developments

Promethean World Plc Reports Consolidated Earnings Results for the Six Months Ended June 30, 2014; Reaffirms Earnings Guidance for 2014

Promethean World Plc reported consolidated earnings results for the six months ended June 30, 2014. For the quarter, the company reported revenue of £57.69 million compared to £70.02 million reported a year ago. Results from operating activities were £6.45 million compared to £3.35 million reported a year ago. Loss before income tax was £5.64 million compared to £5.27 million reported a year ago. Loss for the period was £4.31 million or 2.15 pence per diluted share compared to £4.01 million or 2.00 pence per diluted share reported a year ago. Net cash outflow from operating activities was £2.93 million compared to net cash inflow from operating activities of £4.92 million reported a year ago. Acquisition of property, plant and equipment was £1.25 million compared to £0.38 million reported a year ago. Adjusted LBITDA was £1.69 million compared to adjusted EBITDA of £2.50 million reported a year ago. Adjusted operating loss was £5.7 million compared to £2.6 million reported a year ago. Pro forma net loss was £3.7 million or 1.85 pence per basic share compared to £3.4 million or 1.71 pence per basic share reported a year ago. Free cash flow was a negative of £7.5 million compared to free cash flow of £3.5 million reported a year ago. Reported revenues have been impacted by the weakness of the US dollar. On a constant currency basis, group revenues were 11.6% lower than in first half of 2013. The company is maintaining full year outlook due to the improved trading conditions in North America, combined with a developing pipeline of opportunities in the International region for both run rate business and tenders. The Board expects a stronger second half performance from the International region, with continued good performance in North America, and for Promethean to meet the market's revenue expectations for the full year. Whilst a stronger gross margin performance is expected in the second half of the year, full year gross margin will be slightly below current expectations. The company will continue to maintain a tight control of operating costs and adjusted EBITDA for the year is likely to be in line with expectations.

Promethean World Plc, H1 2014 Earnings Call, Jul 31, 2014

Promethean World Plc, H1 2014 Earnings Call, Jul 31, 2014

Promethean Announces New ClassFlow(TM) 2.0

Promethean announced it's new ClassFlow 2.0 update. ClassFlow, the 'all-in-one' interactive lesson orchestration platform for creating and delivering interactive multi-media lessons across a connected learning environment, breathes a high level of educational purpose into the various devices that many schools have purchased and deployed in an effort to improve student engagement. Teachers can access the free cloud-based ClassFlow platform from any major web browser to begin building interactive multi-media lessons. Student devices such as laptops and tablets are easily connected to the teacher's multi-media lessons through the ClassFlow Student app available on iOS, Android and Windows 8 devices. Once connected, students can receive and annotate lesson material on their devices, respond to questions, create original material, even capture photos to send back to the teacher from their mobile device. Student contributions can then be displayed via a variety of 'front-of-class' displays such as interactive whiteboards and flat panels and even integrated as part of the lesson content. The new release of ClassFlow 2.0 will offer the following benefits for teachers to bring Classroom Devices to Life to deliver interactive multi-media lessons throughout the connected classroom to engage students by enabling active participation in the interactive multi-media lessons through the use of ANY connected device with iOS, android and Windows 8 Apps or via any device with a major web browser; to download the free ClassFlow Student App from the Apple iTunes Store, Google Play and Windows Store; to unify the classroom by synchronizing the lesson across all brands of classroom display and handheld devices.; and to use the new ClassFlow Teacher App to move throughout the classroom while navigating the ClassFlow lesson, sharing content with the students, managing groups, assessing students in real-time, all from the tablet.; real time insights and feedback; and to differentiate instruction.


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