focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksArgo Blockchai. Share News (ARB)

Share Price Information for Argo Blockchai. (ARB)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 11.50
Bid: 11.00
Ask: 12.00
Change: 0.00 (0.00%)
Spread: 1.00 (9.091%)
Open: 11.50
High: 11.50
Low: 11.50
Prev. Close: 11.50
ARB Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: Annual profit rises for UP Global Sourcing, Beximco

Tue, 02nd Nov 2021 15:55

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

----------

UP Global Sourcing Holdings PLC - Oldham, Greater Manchester-based consumer brands owner - For the year ended July 31, pretax profit rises 14% to GBP9.5 million from GBP8.4 million the year before, on revenue which increases 18% year-on-year to GBP136.4 million from GBP115.7 million, with consumer behaviour changing to home cooking and working fostering growth from the Small Domestic Appliances, Homewares and Laundry segments. Declares total dividend of 5.020 pence per share, up 27% from 3.955p the year before. Looking ahead, current trading is in line with expectations, despite global shipping set to remain disrupted until February next year.

----------

Beximco Pharmaceuticals Ltd - Bangladesh-based pharmaceutical company - For the year ended June 30, pretax profit rises 37% to BDT6.38 billion, around GBP54.7 million, up 37% from BDT4.65 billion, on revenue which grows 15% year-on-year to BDT29.49 billion from BDT25.61 billion, driven by double digit growth in both domestic and export sales, with the launch of 22 new products domestically. Proposes dividend of BDT3.5 per share.

----------

Triad Group PLC - Godalming, England-based software company - For the six months ended September 30, pretax profit surges to GBP67,000 from GBP1,000 a year before, with gross profit rising 54% to GBP2.3 million, driven by a focus on the group's consulting services. However, revenue drops 1.1% year-on-year to GBP8.6 million from GBP8.7 million. Proposes interim dividend of 2.0 pence per share, from none a year prior. Looking ahead, expects second half to see high utilisation levels and an increase in headcount in response to persistent demand.

----------

Gaming Realms PLC - London-based developer and licensor of mobile focused gaming content - During the third quarter of 2021, content licensing revenue rises 35% year-on-year, alongside growth in the new licensing and games pipeline. In addition, has been approved for a full iGaming Supplier Licence in Michigan.

----------

Eckoh PLC - London-based secure payment products provider - For the six months ended September 30, company performs in line with management expectations, with underlying revenue slightly higher, and operating profit rising 18%. However, total revenue was slightly lower at constant currency, due to the company's planned exit from US and UK third-party support. Looking ahead, expects performance for the full year to meet market expectations.

----------

Argo Blockchain PLC - London-based cryptocurrency miner - For the three months ended September, reports pretax profit at USD24.6 million on revenue at a record figure of USD26.0 million. During the quarter, the company mined 597 bitcoin and bitcoin-equivalent, bringing Argo's total to 1,836 as at the end of September.

----------

Shearwater Group PLC - London-based cybersecurity provider - For the six months ended September 30, expects underlying earnings before interest, tax, depreciation and amortisation to rise 19% to GBP1.3 million from GBP1.1 million a year before, due to an increasing proportion of higher margin software. Revenue, however, is set to decline 5.4% year-on-year to GBP10.6 million from GBP11.2 million.

----------

GRC International Group PLC - supplier of cyber security, risk management and compliance products - For the six months ended September 30, total billings up 26% at 6,670 from 5,583 a year before, due to continued momentum from the second half of the prior year. As a result, achieves positive earnings before interest, tax, depreciation and amortisation for the period. Look ahead, trading in October has been in line with management expectations.

----------

Watkin Jones PLC - London-based student accommodation developer and manager - For the year ended September 30, expects operating profit to be in line with expectations, on revenue forecast at GBP430 million, slightly below expectations, but up 21% from GBP354.1 million the year before.

----------

Warpaint London PLC - Buckinghamshire-based cosmetics maker - For 2021, expects sales to be at similar levels to those in 2019, which was at GBP49.3 million. For 2020, sales reached GBP40.3 million. This is due to growth from new and existing customers, despite Covi-19 disruption. Expects adjusted earnings before interest, tax, depreciation and amortisation and adjusted pretax profit to be both ahead of 2019 and current market expectations. Adjusted Ebitda in 2019 was GBP7.0 million and adjusted pretax profit was GBP5.2 million.

----------

Feedback PLC - medical imaging software company - For the year ended May 31, pretax loss widens to GBP2.1 million from GBP1.4 million the year before, on revenue which declines 36% year-on-year to GBP290,000 from GBP450,000, reflecting the planned move away from legacy products and a focus on Bleepa, and the loss is exacerbated by an expanded headcount. Also raises GBP10.7 million through a placing of 1.53 billion shares at a price of 0.7 pence each. "Funds raised will be used primarily to support accelerated revenue growth through both private and public healthcare revenue opportunities within both the NHS and other healthcare systems in the UK and overseas," it says. Will also look to raise an additional GBP500,000 via an open offer to eligible shareholders.

----------

Oncimmune Holdings PLC - Nottingham, England-based diagnostics company - For the year ended May 31, pretax loss narrows to GBP5.7 million from GBP9.8 million the year before, on revenue which soared to GBP3.7 million from GBP509,000, driven by a rise in the number of contracts awarded, leading to the growth of the ImmunoINSIGHTS' business. Looking ahead, due to growth from ImmunoINSIGHTS, company expects profitability and cash generation to improve. Notes "quieter than expected summer months" in which fewer new ImmunoINSIGHTS contracts were signed than originally expected, but says there has been healthy resumption of activity.

----------

Rutherford Health PLC - Hereford, England-based cancer care centre provider - For the six months ended August 31, pretax loss widens to GBP19.9 million from GBP15.7 million a year prior due to higher expenses, particularly employee costs and preparation for the opening of the first Rutherford Diagnostics Centre in Somerset. Revenue however rises 36% year-on-year to GBP4.9 million from GBP3.6 million, due to the group's expansion within Diagnostics, and a rise in SACT treatments across all centres.

----------

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
8 Feb 2023 11:32

Argo Blockchain Bitcoin mining, revenue up; denies class action claims

(Alliance News) - Argo Blockchain PLC on Wednesday said its monthly Bitcoin mining and associated revenue was up, while it refuted all allegations made against it in a class action lawsuit filed in New York.

Read more
1 Feb 2023 19:26

TRADING UPDATES: Polarean gets FDA ok; Keywords buys 47 Communications

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

Read more
23 Jan 2023 13:08

IN BRIEF: Argo Blockchain regains compliance with Nasdaq listing rule

Argo Blockchain PLC - London-based cryptocurrency mining - Receives a letter from Nasdaq stock market in New York, saying Argo Blockchain has regained compliance with a Nasdaq listing rule. Nasdaq had informed Argo Blockchain on December 16 that its American Depositary Shares had not maintained the minimum bid price of USD1.00 over the previous 30 business days. To regain compliance, Argo Blockchain had to do so for ten consecutive trading days. This requirement was met on January 13. Each ADS represents 10 Argo Blockchain shares.

Read more
12 Jan 2023 06:54

IN BRIEF: Argo Blockchain bitcoin mining hurt by US snow in December

Argo Blockchain PLC - London-based cryptocurrency miner with operations in Texas and Quebec - Mines 147 bitcoin and bitcoin equivalents in December, down from 198 in November, as its Helios facility in Texas voluntarily reduces power consumption in response to a severe winter storm in the US. Mining revenue during the month is USD2.5 million, down from USD3.5 million in November, taking into account bitcoin price movements. Mining margin is 48%, up from 29% in November. As of the end of December, Argo Blockchain holds 25 bitcoin and 116 bitcoin equivalents.

Read more
29 Dec 2022 09:40

SMALL-CAP WINNERS & LOSERS: Argo Blockchain falls as deal closes

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

Read more
29 Dec 2022 08:50

LONDON MARKET OPEN: Sea of red as investors fret over Covid in China

(Alliance News) - Stock prices in London opened lower on Thursday amid risk-off sentiment across Europe, as concerns grew about rising Covid cases in China.

Read more
29 Dec 2022 08:00

IN BRIEF: Argo Blockchain completes USD65 million deal in Texas

Argo Blockchain PLC - London-based blockchain technology - Says now has closed its deal with Galaxy Digital Holdings Ltd. On Wednesday, Argo Blockchain said it had entered an agreement for a subsidiary to sell its Helios Facility in Dickens County, Texas to Galaxy Digital for USD65 million. Argo said the subsidiary also will refinance asset-backed loans with a USD35 million loan from Galaxy. The loan will be backed by Argo's fleet of 23,619 Bitmain S19J Pro cryptocurrency mining machines currently operating at the Helios site. The company said Galaxy has agreed to host Argo's mining machines for a two-year period, but they will remain owned by Argo.

Read more
28 Dec 2022 12:15

LONDON MARKET MIDDAY: FTSE 100 rises with positive 2022 in sight

(Alliance News) - Stock prices in London were higher at midday on Wednesday, with sentiment remaining upbeat as investors looked to the year-end after the Christmas break.

Read more
28 Dec 2022 10:48

Argo Blockchain to sell facility to Galaxy Digital for USD65 million

(Alliance News) - Argo Blockchain PLC on Wednesday said it has entered into an agreement for a subsidiary to sell its Helios facility to Galaxy Digital Holdings Ltd.

Read more
28 Dec 2022 09:37

SMALL-CAP WINNERS & LOSERS: Argo Blockchain up on USD65 million sale

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.

Read more
16 Dec 2022 21:54

TRADING UPDATES: Chesnara confirms completion of Conservatix contract

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

Read more
12 Dec 2022 21:54

TRADING UPDATES: Seed Innovations loss widens; Atome launches offer

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

Read more
9 Dec 2022 15:26

Argo Blockchain shares suspended by FCA; November mining revenue falls

(Alliance News) - Argo Blockchain PLC shares on Friday were temporarily suspended from trading by the UK Financial Conduct Authority as the company reported a decrease in November revenue.

Read more
31 Oct 2022 20:49

IN BRIEF: Argo Blockchain warns on future as cash raise cancelled

Argo Blockchain PLC - London-based blockchain technology company - Says a GBP24 million fundraising from a strategic investor is no longer likely to go ahead under previously announced terms.

Read more
31 Oct 2022 09:25

Argo Blockchain fundraising falls through, shares tumble

(Sharecast News) - Argo Blockchain shares tumbled after the cryptocurrency miner said a planned fundraising had fallen through.

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.