Small Caps News
Consumer brands underpin Alliance Pharma performance
Alliance Pharma reported a 4% fall in statutory revenue in its preliminary results on Tuesday, to £129. 8m, although it said performance from its consumer healthcare brands was “strong”, with that division now accounting for more than two thirds of group see-through revenues.
YouGov turns in positive first half performance
Research and information company YouGov reported revenue growth of 3% in its first half on Tuesday, with underlying growth of 9% to £79m, and a “solid” sales pipeline said to be weighted towards the second half of the financial year.
Judges Scientific remains profitable after fall in revenue
Scientific instrument technology investor and developer Judges Scientific reported a 3. 2% fall in revenues in its final results on Tuesday, to £79. 9m, which included a 12. 3% decline on an organic basis.
Team launches £15.2m approach for Tavistock
Team has launched a hostile takeover approach for fellow Aim stock Tavistock Investments, after the fund manager refused to engage with its first approach.
Optibiotix names René Kamminga as CEO of subsidiary
Biotechnology company Optibiotix Health named René Kamminga as chief executive officer of its OptiBiotix Ltd subsidiary on Tuesday, subject to completion of normal regulatory due diligence.
Pharmacovigilance drives growth at Ergomed
Pharmaceutical services company Ergomed reported a 26. 5% increase in revenue in its full-year results on Tuesday, to £86. 4m.
MP Evans profit surges after record year of palm oil production
Indonesian palm oil producer MP Evans reported profit of $22. 2m (£16. 09m) in its final results on Tuesday, up from$7. 5m year-on-year.
Revenue rises in pandemic year at Mortgage Advice Bureau
Mortgage Advice Bureau reported a 3% improvement in full-year revenue on Tuesday, to £148. 3m, which included £14. 7m of revenue generated by First Mortgage Direct.
Biome secures contractual commitment with US customer
Bioplastics and radiofrequency technology company Biome Technologies has secured an expected contractual commitment with a second US end-customer, it announced on Tuesday, to accelerate the commercialisation of its proprietary compostable filtration material.
First-half losses widen in Amte's first results since IPO
Specialist lithium and sodium battery developer Amte Power reported revenue of £0. 62m in its first half on Tuesday, rising from £0. 58m year-on-year.
Chariot to acquire African mining power developer AEMP
Chariot Oil & Gas has agreed to acquire the business of Africa Energy Management Platform (AEMP) for up to $2m (£1. 45m), it announced on Tuesday, payable primarily in Chariot shares representing up to 4% of its to-be-enlarged share capital.
PowerHouse makes progress in the UK and Poland
Waste-to-hydrogen technology company PowerHouse Energy reported progress in the UK and in Poland on Tuesday, as it worked to construct sites in both countries.
Quartix trades in line during first two months of 2021
Subscription-based vehicle tracking provider Quartix Holdings said on Tuesday that trading for the two-months ended 28 February was consistent with meeting market expectations for the full-year.
Wynnstay trades in line YTD, confirms final dividend
Agricultural supplies group Wynnstay said on Tuesday that trading in the first four months of the year ending 31 October had been in line with management expectations.
Amryt upbeat on positive FDA feedback
Commercial-stage biopharmaceuticals company Amryt Pharma has received further feedback from the United States Food and Drug Administration (FDA) on Myalept, it said on Tuesday, and its proposed development plan and study design to support an indication for patients with partial lipodystrophy (PL).
Pebble Group safely navigates 'challenges of 2020'
Promotional technology provider Pebble Group said on Tuesday that the "challenges of 2020" had been "safely navigated" despite posting annual declines on both the top and bottom lines on an adjusted basis.
Proactis wins five-year contract with German transportation outfit
Spend management solutions group Proactis has signed a five-year contract to provide its business spend management solution to an unnamed German transportation company.