If you would like to ask our webinar guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them 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: 10.75
Bid: 10.50
Ask: 11.00
Change: -0.25 (-2.27%)
Spread: 0.50 (4.762%)
Open: 10.50
High: 11.00
Low: 10.04
Prev. Close: 11.00
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: Foresight, LendInvest report annual rise in funds

Fri, 08th Apr 2022 11:13

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

----------

Foresight Group Holdings Ltd - infrastructure and private equity investment manager - As at March 31, total asset under management up 21% year-on-year to GBP8.7 billion, while funds under management rise 27% to GBP6.5 billion, mainly on organic growth. Total net inflows and performance for the year rise 57% to GBP1.5 billion from GBP900 million. Core earnings before interest, tax, depreciation and amortisation and revenue are set to be in line with management expectations.

----------

LendInvest PLC - London-based non-bank mortgage lender - For the year ended March 31, platform assets under management - which represents deployed capital - increases 36% to GBP2.15 billion from GBP1.57 billion, through strong demand for the company's Buy-to-Let offering. In addition, funds under management which reflects committed and deployed capital rises 18% year-on-year to GBP2.94 billion from GBP2.49 billion. Due to the levels of FuM over Platform AuM, and in spite of an increased inflationary environment LendInvest expects pretax profit to be in line with market expectations.

----------

Argo Blockchain PLC - London-based cryptocurrency miner - In March, mines 163 bitcoin, up from 135 BTC in February, meaning that mining revenue for March amounts to GBP5.2 million, up from GBP4.2 million. As at the end of March, the company owns 2,700 bitcoin. Argo also announces the appointment of Seif El-Bakly as chief operating officer.

----------

Premier Miton Group PLC - London-based asset manager - As at March 31, closing assets under management at GBP12.8 billion, down 7.9% from GBP13.9 billion at the end of December, as net outflows for the second quarter come to GBP216 million from open-ended funds.

----------

Ethernity Networks Ltd - Israel-based networking and security company - For 2021, pretax loss widens to USD9.2 million from USD6.3 million the year before, driven by an increase in research & development costs and lower gross margin percentage. Meanwhile, revenue grows 42% to USD2.6 million from USD1.8 million, through recent contracts signed, and orders received on customer deployments. Looking ahead, expects significant revenue growth from its FPGA-based programmable system and FPGA SoC, with 2022 contracted revenue standing at USD4.3 million, and USD5.0 million for 2023.

----------

Vp PLC - Harrogate-based equipment rental firm - For the period since its interim results were issued at the end of November, the company maintains its recovery in trading performance with its core markets of infrastructure, construction and housebuilding providing increasing levels of demand, leading to anticipation of the company's annual results coming in line with management expectations.

----------

Ramsdens Holdings PLC - Middlesbrough, England-based financial services provider and pawnbroker - For the six months ended March 31, expects to report pretax profit of around GBP2 million, swinging from a loss of GBP133,000. This is due to a recovery of foreign currency volumes with the easing of international travel, and more than 50% growth in jewellery retail revenue on improved merchandising. As at March 31, pawnbroking loan book rises to GBP7.5 million from GBP5.7 million.

----------

NFT Investments PLC - invests in non-fungible tokens - For 2021, pretax loss widens to GBP2.8 million from GBP39,704 in 2020, due to costs related to the valuations of warrants issued and two separate fund-raising rounds related to the company's IPO. During the year, made seven investments, however generates no revenue due to being a start-up business.

----------

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
7 Oct 2020 18:20

UK TRADING UPDATE SUMMARY: Gym Group Fighting Fit With Fresh York Unit

UK TRADING UPDATE SUMMARY: Gym Group Fighting Fit With Fresh York Unit

Read more
9 Sep 2020 12:10

Argo Blockchain Revenue Jumps In First Half But Profit Down On Costs

Argo Blockchain Revenue Jumps In First Half But Profit Down On Costs

Read more
3 Sep 2020 16:00

UK TRADING UPDATE SUMMARY: Severfield's European Operations Back On

UK TRADING UPDATE SUMMARY: Severfield's European Operations Back On

Read more
5 Aug 2020 19:16

UK TRADING UPDATE SUMMARY: Regional REIT Valuation Dips In First Half

UK TRADING UPDATE SUMMARY: Regional REIT Valuation Dips In First Half

Read more
21 Jul 2020 21:05

IN BRIEF: Argo Blockchain Adds Marco D'Attanasio To Board

IN BRIEF: Argo Blockchain Adds Marco D'Attanasio To Board

Read more
7 Jul 2020 21:26

DIRECTOR DEALINGS: Argo Blockchain CEO Takes 0.2% Stake

DIRECTOR DEALINGS: Argo Blockchain CEO Takes 0.2% Stake

Read more
7 Jul 2020 16:35

UK TRADING UPDATE SUMMARY: Retailer Sosandar In Quarterly Revenue Jump

UK TRADING UPDATE SUMMARY: Retailer Sosandar In Quarterly Revenue Jump

Read more
24 Jun 2020 14:41

IN BRIEF: Argo Blockchain Expands Capacity With 750 New Mining Units

IN BRIEF: Argo Blockchain Expands Capacity With 750 New Mining Units

Read more
5 May 2020 10:47

Argo Blockchain In Crypto Mining Record; CFO Moves To Non-Exec Role

Argo Blockchain In Crypto Mining Record; CFO Moves To Non-Exec Role

Read more
6 Apr 2020 18:22

Argo Blockchain Mining Production Slips In March, Up In First Quarter

Argo Blockchain Mining Production Slips In March, Up In First Quarter

Read more
6 Apr 2020 16:08

Argo Blockchain pleased with March performance in 'difficult' conditions

(Sharecast News) - Cryptocurrency miner Argo Blockchain updated the market on its operations in March on Monday, saying it mined 333.8 Bitcoin or Bitcoin equivalent during the month, down from 337.5 in February.

Read more
4 Mar 2020 12:32

Argo Blockchain Mining Production Rises In February

Argo Blockchain Mining Production Rises In February

Read more
4 Feb 2020 14:50

Argo Blockchain Reports Strong Operational Performance In January

Argo Blockchain Reports Strong Operational Performance In January

Read more
4 Feb 2020 11:25

Argo Blockchain pleased with mining efficiency after January performance

(Sharecast News) - Cryptocurrency miner Argo Blockchain updated the market on its operations for January on Tuesday, reporting that it mined 247 Bitcoin and generated revenues of £1.63m based on daily foreign exchange rates and the price of Bitcoin in the month.

Read more
27 Jan 2020 12:00

Argo Blockchain Names Director Ian MacLeod As Executive Chair

Argo Blockchain Names Director Ian MacLeod As Executive Chair

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.