Quoted Micro 14 August 2023

AQUIS STOCK EXCHANGE Ecommerce technology company Samarkand (SMK) increased full year revenues from £16.6m to £17.5m, while cutting the loss from £7.9m to £4.7m. Samarkand could move near to breakeven this year. Growth has been held back by Covid restrictions in China, although these have been eased. Own brands have been generating growth. Marula Mining […]

Quoted Micro 7 August 2023

AQUIS STOCK EXCHANGE Aquaculture and geotracking technology developer OTAQ (OTAQ) reported interim revenues one-third lower at £1.8m, but they were higher than the second half of last year. There was an interim loss, and it will not get near breakeven until it generates more than £5m in annual revenues. Net debt is £510,000. Two large […]

Quoted Micro 31 July 2023

AQUIS STOCK EXCHANGE Oberon Investments (OBE) reported a decline from £6.7m to £5m because of lower share dealing and capital markets income. The loss increased from £581,000 to £3.9m, which was predominantly down to one-off reorganisation and transaction costs. Management is confident that acquisitions and new teams will enable revenues to grow to more than […]

Quoted Micro 24 July 2023

AQUIS STOCK EXCHANGE Ora Technology (LON: ORA) raised £835,000 at 2p/share when it joined Aquis. The share price has doubled to 4p. Ora Technology is developing a carbon credits trading platform called Ora Carbon. This will trade carbon credits on the voluntary carbon markets. The carbon credits will be bought, sold and retired. This will […]

Quoted Micro 17 July 2023

AQUIS STOCK EXCHANGE Equipmake Holdings (EQIP) expects full year revenues of £5.1m, up from £3.7m. This is from commercial and production contracts. There was £7m in the bank at the end of May 2023. Equipmake is helping to electrify existing diesel buses. The contracted order book is worth £5.5m. Equipmake has supplied an e-drivetrain for […]

Quoted Micro 10 July 2023

AQUIS STOCK EXCHANGE Apollon Formularies (APOL) reported 2022 results after the market closed on 30 June. Revenues rose 45% to £286,000, but the medical cannabis company continues to lose money. The company warns that it does not have enough cash for its current requirements, and it will have to raise money through a share issue […]

Quoted Micro 3 July 2023

AQUIS STOCK EXCHANGE Music and livestreaming services All Things Considered (ATC) is acquiring a 60% stake in merchandise company Sandbag for an initial £2.42m. This grows the direct to consumer operations and provides cross-selling opportunities. Sandbag generated revenues of £39.6m in 2022-23 and underlying profit was £1.27m. All Things Considered will be able to use […]

Quoted Micro 26 June 2023

AQUIS STOCK EXCHANGE NHS funded medical services provider One Health Group (OHGR) increased full year revenues by 17% to £20.5m and operating income was £1.5m –ahead of forecasts. The full year dividend is 6p/share. Seal Advisers forecasts 2023-24 earnings of 11.7p/share. At 174p, the shares are trading on 15 times prospective earnings. Pubs operator Daniel […]

Quoted Micro 19 June 2023

AQUIS STOCK EXCHANGE Energy storage technology company Invinity Energy Systems (IES) has reassured the market that its 2022 accounts will be published by the end of June and there is likely to be a reduction in provisions for contract losses. That means the overall loss will be lower. Revenues will be around £3.6m. There was […]