Small Caps
Accesso lifts expectations after strong summer trading
Leisure, entertainment and cultural technology company Accesso updated the market on its recent trading on Wednesday, reporting that through July, August and the Labor Day holiday period in the US, it had built on “excellent” first half performance and continued to capture “high demand” for its technology solutions.
Zephyr Energy reports progress at Williston Basin
Rocky Mountain-focussed oil and gas company Zephyr Energy updated the market on its non-operated working interests in the Williston Basin of North Dakota, on Wednesday, as well as the acquisition of two additional non-operated near-term production portfolios in the basin and a joint-venture with Purified Resource Partners related to ongoing non-operated business development efforts.
Property Franchise Group buys 80pc of the Mortgage Genie
The Property Franchise Group announced the acquisition of 80% of the issued share capital of the Mortgage Genie (TMG) on Wednesday, with initial consideration totalling £0. 4m, with an estimated additional payment of £90,000 once the post-completion process has been satisfactorily finalised.
Gfinity acquires Rainbow Six Siege statistics platform
E-sports and gaming company Gfinity announced the acquisition of the trade and assets of SiegeGG Corporation on Wednesday, which operates a “leading website” for statistics, analysis and news around the Rainbow Six Siege video game.
Ten Lifestyle pleased with earnings performance as revenue slides
Technology-focussed concierge platform Ten Lifestyle Group said in an update on Wednesday that it was expecting to report net revenue for the year just ended in line with market expectations at £34. 8m, and below the £44. 2m it recorded a year ago, due to the adverse effects of the Covid-19 pandemic.
Ixico awarded phase 1 clinical trial contract
Neuroscience artificial intelligence (AI) company Ixico has been awarded a contract by a new biopharmaceutical client to support its phase 1 multiple system atrophy clinical trial, it announced on Wednesday.
Solid State performing strongly as sectors rebound from pandemic
Computing, power and communications components supplier Solid State said the positive start to its year had continued on Wednesday, describing its order book as “strong”, with an “encouraging balance” across industry sectors and regions.
Jadestone extends due date amid ongoing delays in Maari deal
Asia-Pacific-focussed oil and gas production company Jadestone Energy updated the market on the planned completion of its acquisition of a 69% operated interest in the Maari asset, in shallow water offshore New Zealand, on Wednesday.
Frontier Developments reports record revenue, operating profit
Video games company Frontier Developments reported record full-year revenue of £90. 7m in its results on Wednesday, up from £76. 1m year-on-year, which it put down to “substantial contributions” from all four of its existing game franchises, together with first revenues from its third-party publishing label Frontier Foundry.
Inspecs reports good recovery in first half despite Covid disruption
Eyewear and lens designer and manufacturer Inspecs reported first half revenue of $125. 7m on Wednesday, up from $16. 7m year-on-year.
Pan African expecting decent rise in full-year earnings
Pan African Resources updated the market on the financial year ended 30 June on Wednesday, saying it was expecting headline earnings per share of between 3. 76 and 4. 1 US cents per share, compared to 2. 29 cents per share in the prior year.