Small Caps
Fonix Mobile ends year 'comfortably in line' with forecasts
Mobile payments and messaging company Fonix Mobile said in a trading update on Wednesday that revenue and profit had continued to grow over the year just ended, and remained “comfortably in line” with its expectations since its admission to trading on AIM in October.
Ariana upbeat on latest drilling at Kepez North
Europe-focussed mineral exploration and development company Ariana Resources announced a drilling and resource update for the Kepez North area of the Kiziltepe Sector on Wednesday.
Arena Events repays shareholder financing early
Arena Events Group has agreed to repay and cancel the short-term financing facility with its significant shareholder Lombard Odier Investment Management (LOIM), it announced on Wednesday.
MySale flags underlying earnings ahead of expectations
Online retailer MySale reported group underlying EBITDA ahead of market expectations in a trading update on Wednesday, at AUD 4. 2m (£2. 25m), making for an improvement of AUD 6. 9m from the loss of AUD 2. 7m it recorded in the 2020 financial year.
PCI-PAL ends year with 'substantial increase' in revenue
Cloud payment technology company PCI-PAL said on Wednesday that, after a “strong year” of trading, it now expected to announce revenues of about £7. 3m, making for a “substantial increase” of 66% over the prior year.
Tristel starting to see signs of market recovery
Infection prevention products manufacturer Tristel said in a trading update on Wednesday that as the fourth quarter progressed, demand for its device-based products accelerated as hospital outpatient departments gradually returned to pre-pandemic levels of activity.
EKF Diagnostics reports continued strong trading
Point-of-care company EKF Diagnostics said on Wednesday that the strong trading it reported at the beginning of the year had continued through the second quarter.
Petra Diamonds annual revenues surge, raises FY22 guidance
Mining outfit Petra Diamonds reported a 38% increase in full-year revenues and forecast for higher production in 2022 on Wednesday.
Bridgepoint shares rally on LSE flotation
Shares in private equity firm Bridgepoint Group rallied more than 20% early on Wednesday after pricing its initial public offering at 350. 0p.
Loungers outperforms since reopening after swinging to adjusted losses
Bar and restaurant operator Loungers reported a 52. 9% fall in revenue in its preliminary results on Wednesday, to £78. 35m, though it was seeing a “significant outperformance” since reopening its locations on 17 May.
Strength in Vimto brand underpins first half for Nichols
Soft drinks maker Nichols reported a 13. 8% improvement in group revenue in its first half on Wednesday, to £67. 4m.
Mulberry swings to FY profit despite store closures
Luxury handbag maker Mulberry said on Wednesday that it swung to a profit in 2021 despite revenues being hit by Covid closures, as digital sales rose.