The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksArmadale Capital Share News (ACP)

Share Price Information for Armadale Capital (ACP)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.775
Bid: 0.70
Ask: 0.85
Change: 0.025 (3.33%)
Spread: 0.15 (21.429%)
Open: 0.775
High: 0.775
Low: 0.775
Prev. Close: 0.75
ACP Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EARNINGS SUMMARY: Angle revenue up; Synairgen, Bango loss widens

Thu, 29th Sep 2022 20:30

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

----------

Angle PLC - Surrey, England-based medical diagnostics company - Pretax loss in the first half of 2022 widens to GBP10.5 million from GBP8.7 million, due to "a planned investment." Revenue rises to GBP419,000 from GBP296,000, "driven by research use sales of the Parsortix system along with an initial contribution from the pharma services business, including both clinical trial services and bespoke assay development." Expects its first FDA clearance to "positively impact all areas" of its business going forward.

----------

Bango PLC - Cambridge-based mobile commerce company - Pretax loss widens to USD1.2 million in the first half of 2022 from USD617,000 a year before. Administrative expenses rise to USD10.4 million from USD9.2 million. Revenue grows to USD10.8 million versus USD9.9 million. Attributes this to its "virtuous circle strategy" and investment in research and development, which continues to generate strong growth. Believes it is well positioned to continue taking market share.

----------

XLMedia PLC - Henley-on-Thames-based digital publisher - Pretax loss widens to USD1.7 million in the first half of 2022 from USD439,000 a year ago. Sales and marketing costs jump to USD16.2 million from USD7.3 million. Revenue rises 48% to USD44.5 million from USD32.2 million. Attributes this to new partnerships throughout the period. Expects full-year adjusted earnings before interest, tax, depreciation, and amortization is broadly in line with the prior year, returning to growth in 2023.

----------

Maintel Holdings PLC - London-based cloud and managed service specialist - Pretax loss in the six months to June 30 dives to GBP575,000 from a profit of GBP3.8 million a year before. Revenue falls 13% to GBP46.7 million from GBP53.5 million. Blames this on hardware supply-chain problems that significantly hurt revenue. Notes that supply chains are not expected to normalise until the second quarter of 2023. Remains confident that it will return to organic growth as global supply chains normalise.

----------

Synairgen PLC - Southampton, England-based drug discovery and biotechnology company - Pretax loss for the half-year to June 30 shrinks to GBP14.0 million from GBP38.9 million, as research and development expenditure falls to GBP11.1 million from GBP36.9 million. Explains that expenditure on the phase 3 Sprinter trial and manufacturing activities reduced.

----------

Armadale Capital PLC - London-based Africa-focused natural resource projects investor - Pretax loss in the first half of 2022 widens to GBP152,000 from GBP27,000 a year before. Records an unrepeated gain of GBP139,000 in the prior period.

----------

Arc Minerals Ltd - base metals exploration company focused in Africa - Pretax loss in the first half widens to GBP8.5 million from GBP3.6 million a year before. Attributes this to an expense of GBP6.8 million, due to the Zamsort/Handa restructuring, after transferring Zamsort assets and liabilities to Handa Resources Ltd.

----------

Orosur Mining Inc - Toronto-based mineral exploration & development company focused on South America - Net loss for continued operations in the year to May 31 narrows to USD1.4 million from USD1.7 million a year before. Gain on fair value of warrants increases to USD1.6 million from USD627,000. "The handing over of operational control at Anza in late 2021, and a strong balance sheet, have freed up our skilled South American team to examine investment in new projects. The addition of our Ariquemes tin project in Brazil, and of the El Pantano gold/silver project in Argentina have transformed the company into a well-balanced minerals exploration company," Executive Louis Castro comments.

----------

VPC Specialty Lending Investments PLC - invests in asset-backed loans to businesses originated by non-bank lenders - Net asset value as at June 30 falls to 105.51 pence from 114.14p as at December 31. Share price on the same date falls to 83.40p from 92.20p as at December 31. Delivers a total return of negative 4.1%. Blames this on an unpredictable and volatile macroeconomic environment. Declares quarterly dividends totalling 4.00 pence per share. Remains in a period of heightened uncertainty, with inflation still at "worryingly high levels".

----------

Crossword Cybersecurity PLC - Richmond, England-based cybersecurity solutions company - Pretax loss in the first half of 2022 widens to GBP2.3 million from GBP1.5 million a year before. Administrative expenses grow to GBP2.1 million from GBP1.5 million. Revenue grows 85% to GBP1.5 million versus GBP824,923. Attributes this to the integration of three companies with strong underlying Software as a service and services recurring revenue. Projects revenue growth of roughly 75% to GBP4 million in 2022, driven by organic growth and already completed acquisitions.

----------

By Abby Amoakuh; abbyamoakuh@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
19 Feb 2019 09:58

Armadale Capital Shares Rise On Agreement Signed Over Mahenge Liandu

LONDON (Alliance News) - Shares rose in Armadale Capital PLC on Tuesday as it signed a memorandum of understanding for an offtake agreement with Chinese mining company Matrass Group for the Liandu

Read more
11 Jan 2019 10:14

Armadale Capital agrees final terms to sale of Mpokoto Gold Project

(Sharecast News) - Africa-focussed natural resources investment company Armadale Capital has entered into a final formal sale agreement with African Royalty Company - a related company to Arrow Mining - for the sale of the Mpokoto Gold Project in the Democratic Republic of the Congo.

Read more
11 Jan 2019 09:12

Armadale Capital Enters Agreement To Sell Mpokoto Gold Project

LONDON (Alliance News) - Investment company Armadale Capital PLC on Friday said it entered into a formal agreement with African Royalty Co Pty Ltd for the sale of its non-core Mpokoto Gold project

Read more
24 Oct 2018 11:43

Armadale Inks Deal To Sell Mpokoto Gold Project Stake To Arrow Mining

LONDON (Alliance News) - Investment company Armadale Capital PLC said Wednesday it entered heads of agreement with Arrow Mining in relation to the proposed sale of its non-core Mpokoto Gold in the

Read more
21 Sep 2018 11:21

Armadale reports progress in Tanzania, appoints China consultant

(Sharecast News) - Natural resources investment company Armadale Capital announced "significant progress" on the 2018 field work programme underway at its Mahenge Liandu Graphite Project in Tanzania on Friday.

Read more
20 Sep 2018 13:28

Armadale Capital Loss Narrows On Lower Administrative Costs

LONDON (Alliance News) - Armadale Capital PLC said Thursday that its loss narrowed as it reduced its administrative costs by 13%.For the six months to June 30, the investment company posted

Read more
29 Aug 2018 13:11

Armadale Capital Completed Diamond Drill Programme At Mahenge Liandu

LONDON (Alliance News) - Armadale Capital PLC on Wednesday said it has completed the diamond drilling programme at its Mahenge Liandu graphite project in Tanzania.Shares in Armadale were up

Read more
27 Mar 2018 12:48

Armadale Capital Encouraged By Mahenge Liandu Study In Tanzania

LONDON (Alliance News) - Armadale Capital PLC shares rose on Tuesday as the resources investor released a "compelling" scoping study for Mahenge Liandu, with low at

Read more
2 Feb 2017 16:37

Armadale upbeat on Mahenge Liandu test results

(ShareCast News) - Africa-focused natural resource project investment company Armadale announce the receipt of the first phase of metallurgical test-work results from a bulk sample from a test pit on the Mahenge Liandu graphite project in Tanzania on Thursday. The AIM-traded firm said the sample pro

Read more
18 Jan 2017 15:38

Armadale Capital raises £0.65m through placing

(ShareCast News) - Africa-focused natural resources investment company Armadale Capital announced on Wednesday that it has raised £0.65m through the placing of 26,030,000 new ordinary shares of 0.1p each in the capital of the company, at a price of 2.5p per ordinary share with new and existing inves

Read more
18 Jan 2017 09:29

Armadale Capital Raises GBP650,000 In Placing For Working Capital (ALLISS)

Read more
5 Dec 2016 14:01

EXTRA: Armadale Turns To Mahenge Liandu As Kisenge Develops Mpokoto

Read more
5 Dec 2016 10:07

Armadale Capital forms joint venture with Kisenge Mining

(ShareCast News) - Africa-focused natural resources investment company Armadale Capital announced on Monday that Kisenge Mining, formerly known as African Mining Services, has completed due diligence and exercised its option to form a joint venture with Armadale to develop and operate the Mpokoto go

Read more
8 Nov 2016 12:21

Armadale reports 'promising' graphite carbon reuslts at Tanzania project

(ShareCast News) - Natural resource investment company Armadale Capital reported that initial assay results were "promising" as it found high-grade graphite mineralisation up to 26% of total graphitic carbon at the Mahenge Liandu project in Tanzania. Initial assay results from the 2016 drilling camp

Read more
26 Oct 2016 11:29

Armadale Capital eyes 'substantial' natural graphite resource in Tanzania

(ShareCast News) - Graphite explorer Armadale Capital said the success of the recent drilling programme at its Mahenge Liandu project in Tanzania indicated the likely presence of a substantial and low-cost resource, which it hoped to confirm by the end of the year. Out of 21 holes drilled, metallurg

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.