Small cap round up

AIM-listed security and surveillance company Digital Barriers has secured a $2.2m contract to provide its EdgeVis Live advanced wireless surveillance technology to a flagship US Federal law enforcement agency.The revenue associated with the contract is expected to be fully recognised in this financial year and lead to further material awards this year and in subsequent years.

Vertically integrated manufacturer of low maintenance building products Epwin Group announced its half-year results for the six months to 30 June on Wednesday, with revenue rising 15.5% to £143.3m. Underlying operating profit rocketed ahead by 47.5% year-on-year to £11.8m, with underlying operating profit margin up 180 basis points to 8.2%.

Rockhopper Exploration progressed on integrating its recent acquisitions, while completing a resource audit of its acreage in the North Falklands basin and increasing production from its Italian and Egyptian sites. For the six months ended 30 June, revenue increased by about 45% to $2.9m, compared to the same period last year, exclusively due to the sale of natural gas and condensate from increased production volumes at the Guendalina site in Italy and the commencement of production at Civita in November 2015.

Gaming technology company Quixant announced its interim financial results for the six months to 30 June on Wednesday, which included a full six month contribution by Densitron Technologies, acquired in November 2015. The AIM-traded firm reported group revenue of $41.3m, which included a 56% rise in Quixant core gaming division revenue to $21.2m and Densitron division revenue of $20.1m

Global professional services consultancy in the construction and engineering industries, Driver Group, updated the market on its trading performance during the second half of the financial year to 30 September on Wednesday.The AIM-traded company confirmed that, as expected, it returned to profit during the second half with turnover in the period expected to be roughly 7% ahead of the figures at the interim stage.

Modern Water, an AIM listed provider for water and wastewater treatment and the monitoring of water quality, improved on its performance during the first half by cutting down on costs. Re-organisation and cost control during the first half saved the company £0.6m, with cash burn halved from £2.2m in the first half of 2015 to £1.1m for the period ending 30 June 2016 as overheads fell by 18% to £2.18m.