Quoted Micro 5 February 2024
AQUIS STOCK EXCHANGE Interim figures from DXS International (DXSP) show a 2.5% improvement in revenues to £1.69m, while higher amortisation charges led to an increased loss of £258,000. The healthcare IT company hade £386,000 in cash at the end of October 2023. Hybridan has trimmed its full year revenues forecast to £3.8m and expects a […]
Quoted Micro 1 January 2024
AQUIS STOCK EXCHANGE Oberon Investments (OBE) increased interim revenues by 28% to £3.4m, even though capital market revenues fell by one-third. The loss was reduced from £1.67m to £1.59m. Management believes the company could move into profit during 2024. There are plans to add funds management teams. Oberon Investments has a 69.1% stake in Logic […]
Quoted Micro 25 September 2023
AQUIS STOCK EXCHANGE Aquis Stock Exchange owner Aquis Exchange (AQX) reported interims showing growth in all four divisions of the group and the Aquis Stock Exchange remains profitable. Group revenues improved from £7.85m to £9.34m, while pre-tax profit rose from £699,000 to £1.15m. Net cash is £13.9m. Brewer Adnams (ADB) says trading improved in the […]
Quoted Micro 30 January 2023
AQUIS STOCK EXCHANGE Aquis Stock Exchange owner Aquis Exchange (AQX) says 2022 trading was in line with expectations. The 2022 results will be published on 30 March. Electric vehicle drivetrain technology developer Equipmake Holdings (EQIP) has raised £6.235m at 5p a share. That was slightly more than initially indicated. A lease is being secured on […]
Quoted Micro 8 August 2022
AQUIS STOCK EXCHANGE Guernsey-based Inteliqo Ltd (IQO) plans to become a distributor of a range of technology products. The first is an earbud that can translate 42 languages in real-time. There is limited liquidity with little more than 2% of the shares not held by the five main shareholders. A lock-in agreement means that more […]
Andrew Hore Quoted Micro 19 August 2019
NEX EXCHANGE Brewer Adnams (ADB) reported a decline in first half revenues from £35.5m to £34.7m, while the loss increased from £840,000 to £1.15m. Beer volumes were 2% ahead, compared with a 1% decline in the market. Low alcohol beer sales grew. Gin sales fell because of greater competition. A fire at the Ship at […]
Andrew Hore – Quoted Micro 6 May 2019
NEX EXCHANGE In 2018, Newbury Racecourse (NYR) increased revenues by 8% to £19.3m. This was despite lower race course attendances because of two abandoned days of racing. Underlying pre-tax profit jumped from £188,000 to £568,000. The NAV was £50.7m at the end of 2018. There was a further £3.25m payment from David Wilson Homes, which […]
Rolls Royce Wants to Become Trusted
Rolls Royce Holdings RR is to try and become a more trusted company with high standards of business conduct in an attempt to remedy past misbehaviour which produced disastrous 2016 results including a 49% fall in underlying profit before tax at constant exchange rates. On a reported basis that became a loss of £4.6b after […]
Braemar Shipping Fights Back
Braemar Shipping BMS Half year figures to 31st august illustrate the savage decline which has hit the worldwide shipping market. A fall in revenue from £79.6m to £70.2m resulted in earnings per share falling from 13.3p to 0.4p and operating profit declining from £5.3m to £0.3m. Braemar however gives the definite impression that it is […]
Lloyds Claims “Robust” Profits Fall & “Operating Jaws” Success
Lloyds Bank LLOY claims to have delivered a robust first quarter performance with underlying profit down 6% and statutory profit before tax down by 46% – you can’t get more robust than that. And then just to illustrate how banks are prepared to show their teeth when necessary it does not seek to hide the fact […]