Small Caps News
Pennant International set to end year as expected
Systems support software and training solutions specialist Pennant International forecast full-year results in line with market expectations in an update on Tuesday, flagging revenue of around £14m and adjusted EBITDA of £1. 2m.
88 Energy upbeat on PEL 93 initial seismic data
88 Energy announced the initial interpretation of 2D seismic data for its PEL 93 exploration licence in Namibia’s Owambo Basin on Tuesday, which were processed by Monitor Exploration and confirmed 10 independent structural leads.
Dekel reports subdued palm oil production, improved prices
West African agriculture company Dekel Agri-Vision said in an update on Tuesday that palm oil production at the Ayenouan project remained subdued in November due to the typical low season, with crude palm oil (CPO) production down 73. 9% compared to the same period in 2023.
Atome secures option for additional land at Villeta
Green fertiliser project developer Atome announced on Tuesday that it has secured an option to acquire an additional 13 hectares of land adjacent to its Villeta facility in Paraguay.
DG Innovate announces placing for 'immediate needs'
Shares in DG Innovate dropped on Tuesday after the mobility and energy storage technology company announced a share placing to raise £500,000.
Cambridge Cognition FY revenues seen at no less than £10m
Brain health software group Cambridge Cognition said on Tuesay that full-year revenues were expected to be no less than £10. 0m, while adjusted underlying earnings was seen at close to breakeven.
Boohoo urges shareholders to reject Frasers advances
Struggling retailer Boohoo Group has urged shareholders to vote against moves by Frasers Group to install tycoon Mike Ashley on its board.
Digitalbox FY EBITDA now seen ahead of internal expectations
Digital media business Digtalbox said on Tuesday that it now expects FY24 revenues to be at least £3. 5m, while underlying earnings were also seen ahead of management's expectations.
Dianomi expects to record small loss in FY24
Digital advertising business Dianomi warned on Tuesday that it and to record a small loss in FY24 compared to market expectations of a small profit.
Ixico secures new contract with US-based client
Neuroscience imaging firm Ixico has signed a contract with a new US-based client to provide imaging services for a Phase 2 Huntington's Disease clinical trial.
Naked Wines 'in better position' despite revenue slide
Naked Wines cut interim losses despite a further slide in revenues on Tuesday, as it insisted it was now in a better position financially.