Results Round-up
Pinnacle Technology posted a narrower loss in the first half, after raising £1.4m with share placements.
CloudCoco Group
0.13p
16:55 25/09/24
Fixed Line Telecommunications
2,158.90
16:54 25/09/24
FTSE AIM All-Share
741.48
17:09 25/09/24
Oil & Gas Producers
8,082.41
16:54 25/09/24
Salvarx Group
4.50p
14:39 09/01/20
In the six months to 31 March, the group's pre-tax loss more than halved to £0.56m, from £1.19m a year earlier.
Sector-wise, IT services saw the most improvement, almost doubling to £0.63m from £0.35m, while operating expenses fell from £2.5m to £1.8m. This offset a slight decline in revenue, which dipped to £4m from £4.3m.
The outlook remained positive, with the company highlighting that 88% of revenues were recurring and that exceptional one-off costs remained out of the picture.
Isle of Man-based 3Legs Resources reported a £35m loss and detailed its change in strategy on Monday.
The company which focused on oil and gas exploration now classifies itself as an investment firm.
The firm posted a loss per share of 0.41p, up from the 0.05p the previous year, in its final results on Monday.