Technology
Berenberg reiterates 'buy' on Bango after DOCOMO Digital acquisition
Analysts at Berenberg kept their recommendation for payments technology outfit Bango at 'buy' following its acquisition of rival NTT DOCOMO.
Alumasc offloads Levolux in £1m-plus-£1 deal
Building products and systems company Alumasc has sold Levolux to Talrus, a company associated with private investor Rcapital Partners, it announced on Friday.
Nanosynth raises £2.94m through sharing agreement with Lanstead
Nanoparticles synthesis technology company Nanosynth announced it was raising £2. 94m on Friday, to fund its working capital requirements.
Holders confident despite swinging to first-half operating loss
Lighting and wireless control technology company Holders reported first-half revenue of £3. 45m on Friday, down from £5. 79m year-on-year.
Malvern International flags 'significant' first-half improvement
Learning and skills development company Malvern International said in a trading update on Thursday that it saw a “significant improvement” in student numbers and its business pipeline in the first half, with revenues around 60% higher year-on-year.
Benchmark revenues rise in third quarter
Aquaculture biotechnology company Benchmark reported a 28% improvement in third-quarter revenues on Thursday, to £36. 3m.
Aveva says it would evaluate an offer from Schneider if it received one
Aveva recommended to its shareholders that they take no action following Schneider Electric's confirmation that it was mulling a possible bid for the shares that it did not already own.
Essensys reports year of 'good' post-Covid progress
Workspace technology and software company Essensys said in a trading update on Wednesday that during the financial year just ended, it made “good progress” against its strategic growth plan, with momentum returning post-pandemic.
US durable goods orders unchanged in July, but details stronger
New orders for goods made to last at least three years undershot economists' forecasts in July, in part as an expected surge in civilian aircraft orders failed to materialise, even as those for defence aircraft nearly halved.
Gfinity launches e-sports platform, appoints strategic advisor
E-sports and gaming solutions provider Gfinity announced the launch of Athlos Game Technologies on Wednesday, to provide clients with a tournament-based platform to “deepen” player engagement, lower player churn, and increase average revenue per user.
Tracsis lifts earnings expectations after solid year
Transport software, hardware and data analytics provider Tracsis said in a trading update on Wednesday that it now expected full-year revenue to have increased to £69m, from £50. 2m year-on-year.
Aferian confident despite fall in revenue, operating profit
Video streaming technology company Aferian reported a 2% fall in first-half revenue on Tuesday, to $44. 5m, due to delays in product shipments amid Covid-related supply chain difficulties.
Amte Power trading in line as cell development progresses
Specialist battery cell developer Amte Power said it was trading in line with expectations on Tuesday, ahead of its results for the financial year recently ended.
CyanConnode reports record revenue as it moves towards profitability
Mesh network technology company CyanConnode reported a 49% improvement in revenue in its final results on Tuesday, to £9. 6m, making for its highest annual revenue to date.
Powerhouse agrees heads of terms for Konin project in Poland
Waste-to-energy technology company Powerhouse has agreed heads of terms with Hydrogen Utopia International (HUI), it announced on Tuesday, for the joint development of a facility at a site in Konin, in the Polish province of Wielkopolska.
RM swings to statutory loss, warns of short-term challenges
Education resource and technology provider RM reported a 4% improvement in first-half revenue on Tuesday, to £100. 3m, driven by growth in RM Resources and the return of UK school exams in RM Assessment.
Another Genedrive test to be assessed by NICE
Near-patient molecular diagnostics company Genedrive announced on Monday that the UK's National Institute for Health and Clinical Excellence (NICE) has started an evaluation of CYP2C19 genotype testing for clopidogrel treatment, via a new NICE diagnostics assessment programme (DAP).
CyanConnode surges on its biggest-ever order in India
Smart mesh network technology company CyanConnode announced on Monday that its India subsidiary has received its largest-ever order.
Smoove losses widen as it invests in its offer
Conveyancing and mortgage broking technology and service provider Smoove reported a 13% increase in revenue in its final results on Monday, to £19. 2m.
Plant Health Care to conduct potato trials with Agrii UK
Agriculture-focussed biological products supplier Plant Health Care announced a trials agreement with Agrii UK, under which Agrii will evaluate Plant’s novel ‘PREtec’ technology.