Small Caps
First Property swings to full-year loss
UK and central Europe-focussed property fund manager and investor First Property Group reported a statutory loss before tax of £4. 41m in its preliminary results on Wednesday, swinging from a £2. 49m profit before tax recorded in the prior year.
Creo Medical reports year of solid progress
Surgical endoscopy medical device specialist Creo Medical Group reported solid progress over the last 12 months in an update on Wednesday, as it leveraged funds from the March 2023 equity raise to advance its strategic goals.
Panthera issues update on Bhukia dispute, secures litigation funding
Gold explorer and developer Panthera Resources updated the market on the ongoing dispute with the Republic of India over the Bhukia project on Wednesday, confirming that it had secured litigation financing for the dispute.
Learning Technologies offloads VectorVMS in $50m deal
Learning Technologies Group announced the sale of its VectorVMS business to PIXID Group on Wednesday, for $50m.
Volex posts record full-year profits
Power and data transmission technology specialist Volex reported record profits in its preliminary results on Wednesday, with a 26. 3% increase in revenue to $912. 8m, up from $722. 8m year-on-year.
Braveheart buys 1.93 million more Autins shares
Braveheart Investment Group announced the acquisition of an additional 1. 93 million shares in its portfolio company Autins Group on Wednesday.
Seeing Machines to miss profit targets, but signs major new deal with Caterpillar
Seeing Machines, the AIM-listed group that designs tech to improve transport safety, has announced that profits will be lower than market expectations as it unveiled a new five-year license renewal with mining giant Caterpillar.
Warpaint reports robust trading in first half
Cosmetics supplier Warpaint London, owner of the W7 and Technic brands, reported a robust trading performance ahead of its annual general meeting on Wednesday.
Revolution Beauty returns to profit
Revolution Beauty said on Wednesday that it has swung into the black, as it looked to move on from a turbulent period.
Marks Electrical reports record full-year revenue
Marks Electrical Group reported record full-year revenue of £114. 3m in its final results on Wednesday, marking a 16. 9% increase from £97. 8m in 2023, and a significant doubling of revenue since the £56m it recorded in 2021, the year prior to its listing.
Tandem Group on track to meet full-year expectations
Sports, leisure and mobility equipment specialist Tandem Group said in an update on Wednesday that it remained on track to meet market expectations for the year ending 31 December 2024.
Checkit abandons pursuit of Crimson Tide
Checkit said on Wednesday that it does not plan to make a firm offer for rival Crimson Tide after it rejected an improved proposal earlier in the month.