Technology
Genedrive full-year revenue rises
Point-of-care pharmacogenetic testing company Genedrive reported a significant increase in revenue in its full-year results on Friday.
Aptamer reports progress since July fundraise
Aptamer Group, the developer of ‘Optimer’ binders for the life sciences industry, flagged solid operational progress in an update on Friday, reporting that since its £2. 6m fundraising in July, it had achieved cost-reduction targets, streamlined scientific production, and executed a new commercial growth strategy.
EnSilica reports robust contract momentum
EnSilica, a designer of mixed-signal application-specific integrated circuits (ASICs), announced robust contract momentum and a significant pipeline of opportunities in an update on Thursday.
Transense reports strong start to new financial year
Sensing and measurement systems specialist Transense Technologies announced a 48% increase in revenue for the first four months of its financial year in an update on Wednesday.
Focusrite reports fall in full-year revenue, earnings
Music and audio products company Focusrite reported an 11. 2% decline in full-year revenue on Wednesday, to £158. 5m, driven by weak demand in its content creation segment as the market continued to de-stock following the Covid-19 pandemic.
Strix shares slide on revised profit outlook
Kettle safety control and water technology specialist Strix Group revised its profit forecast for the year on Wednesday, citing weaker-than-expected consumer demand in key regulated markets and ongoing macroeconomic challenges.
Idox flags strong full-year performance
Information management software and geospatial data specialist Idox flagged a strong full-year performance in an update on Tuesday, with revenue expected to rise by about 20% to £87. 6m.
FD Technologies reports mixed first half
FD Technologies reported mixed half-year results on Tuesday, as revenue from its KX platform grew 5% to £39. 5m, helping to offset a 12% decline in revenue from its First Derivative division.
Tracsis named as preferred bidder for National Rail PAYG system
Transport technology provider Tracsis announced on Tuesday that its subsidiary iBlocks has been named the preferred bidder for the development of a pay-as-you-go (PAYG) tap converter system by the UK’s Rail Delivery Group, which represents National Rail operators.
AB Dynamics confident after strong full-year growth
Transport testing, simulation, and measurement specialist AB Dynamics reported a 10% increase in revenue to £111. 3m for the year ended 31 August on Tuesday.
Mkango shares surge on HyProMag USA feasibility study
Mkango Resources announced the results of a feasibility study for its HyProMag USA project on Monday, which it described as a rare earth magnet recycling and manufacturing operation planned for the US.
Software Circle agrees new £16.7m loan facility
Software Circle announced a new loan facility agreement with Shawbrook Bank on Monday, securing up to £16. 7m in financing.
CMA says Apple's browser policies hinder innovation
The Competition and Markets Authority (CMA) announced on Friday that it has provisionally found that Apple’s policies on mobile browsers hinder innovation, impacting UK businesses and millions of users.
Belluscura US subsidiary secures $4m credit facility
Belluscura, a developer of lightweight, portable oxygen enrichment devices, announced on Friday that its subsidiary Belluscura LLC has secured a $4m credit facility from Sallyport Commercial Finance.
General Atlantic extends deadline to make offer for Learning Technologies
Learning Technologies announced an extension to the deadline for General Atlantic, through its managed and advised funds, to make a firm offer for the company under the Takeover Code on Friday.
Polarean's Xenoview 3T gets new FDA clearance
Polarean Imaging announced FDA 510(k) clearance for its Xenoview 3T Chest Coil on Thursday, extending compatibility to GE HealthCare's 3 Tesla (3T) MRI scanners.
Cohort announces its largest acquisition ever
Cohort announced the acquisition of EM Solutions for AUD 144m (£75m) on Thursday, in a deal expected to close by the end of the year.
Eagle Eye reports strong start to new financial year
Eagle Eye Solutions Group reported a strong start to the 2025 financial year on Thursday, driven by new contract wins, expanded client engagements, and a growing global demand for personalised loyalty solutions.
Restore confident in earnings forecast amid market challenges
Information management and lifecycle specialist Restore reported steady progress for the 10 months ended 31 October on Thursday, despite market challenges linked to public sector uncertainty and the Autumn Budget.
PayPoint shares slide despite first-half growth
Shares in PayPoint were sliding on Thursday morning, even after it reported a 20. 6% improvement in first-half underlying EBITDA to £37. 5m on the back of continued operational momentum across its divisions.