Small Caps News
MusicMagpie launches sustainability partnership with Asda
Online retailer MusicMagpie has formally launched a sustainability partnership with supermarket chain Asda that will see the pair create a "circular ecosystem" as part of an effort to prevent thousands of tonnes of consumer technology and media products from ending up as waste.
Ethernity raising £4.2m to support 'growing' 5G offer
Ethernet adapter and networking technology company Ethernity is raising £4. 2m, it announced on Monday, to strengthen its balance sheet, support its growing 5G offering, and for general working capital.
Futura Medical inks licensing deal with Labtec Pharma
Transdermal drug delivery technology company Futura Medical has entered into a licensing agreement with Labatec Pharma, a Switzerland-based specialty pharma company focussed on commercialisation in the Europe and Middle East and North Africa (MENA) regions, it announced on Monday.
Shield Therapeutics appoints chief medical officer
Commercial-stage pharmaceutical company Shield Therapeutics announced on Monday that Dr Jose Menoyo is joining its senior executive team as vice-president and chief medical officer, with immediate effect.
Bluejay partner Rio Tinto approves further spending in Finland
Greenland and Finland-focussed exploration and development company Bluejay Mining announced the approval and extension of further exploration expenditure by its joint venture partner Rio Tinto Mining and Exploration on Monday, at the Enonkoski nickel-copper-cobalt project in eastern Finland.
1Spatial secures 'landmark contract' with UK government
IT services firm 1Spatial has secured a "landmark contract" with Westminster following a competitive tender, in partnership with a consortium.
Microsaic revenues rise beyond pre-pandemic levels in first half
Mass spectrometry (MS) technology company Microsaic Systems reported unaudited first-half revenues of £0. 5m on Monday, making for a 594% increase over the first half of 2020, and a 52% improvement over the first half of 2019, pre-pandemic.
Elixirr raises expectations again after strong first half
Business management consultancy Elixirr International reported a 77% increase in revenue in its first half on Monday to £24m, with record revenue reported for five of the six months in the period.
Journeo revenue, profits rise despite challenging conditions
Information systems and transport services company Journeo reported a £0. 5m improvement in first-half revenue on Monday, to £7. 2m.
Norman Broadbent remains EBITDA positive in first half
Professional services firm Norman Broadbent reported revenue of £3. 1m in its first half on Monday, down from £4. 43m a year earlier, as its gross profit slipped to £2. 75m from £3. 32m.
Revolution Beauty revenues jump 35%
Revolution Beauty backed its full-year expectations on Monday as it posted a 35% jump in first-half sales.
Destiny Pharma's China partner starts new XF-73 programme
Clinical-stage biotechnology company Destiny Pharma announced on Monday that its China regional partner and investor, China Medical System Holdings (CMS), is establishing a new programme with ‘XF-73’ targeting the prevention and treatment of superficial skin infections caused by bacteria.