The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen 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: 12.00
Bid: 11.50
Ask: 12.50
Change: 0.80 (7.14%)
Spread: 1.00 (8.696%)
Open: 11.50
High: 12.00
Low: 11.50
Prev. Close: 11.20
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
6 Sep 2021 15:44

IN BRIEF: Argo equity incentive plan fails to get shareholders support

IN BRIEF: Argo equity incentive plan fails to get shareholders support

Read more
3 Sep 2021 14:39

IN BRIEF: Argo Blockchain mining slows, revenue rises in August

IN BRIEF: Argo Blockchain mining slows, revenue rises in August

Read more
3 Sep 2021 10:31

SMALL-CAP WINNERS & LOSERS: Eurocell rises as swings to profit

SMALL-CAP WINNERS & LOSERS: Eurocell rises as swings to profit

Read more
23 Aug 2021 11:00

SMALL-CAP WINNERS & LOSERS: UP Global Sourcing rises on upbeat outlook

SMALL-CAP WINNERS & LOSERS: UP Global Sourcing rises on upbeat outlook

Read more
20 Aug 2021 19:30

IN BRIEF: Argo Blockchain applies to list on Nasdaq in US

IN BRIEF: Argo Blockchain applies to list on Nasdaq in US

Read more
20 Aug 2021 10:53

SMALL-CAP WINNERS & LOSERS: Argo plans US IPO; Clipper wins contract

SMALL-CAP WINNERS & LOSERS: Argo plans US IPO; Clipper wins contract

Read more
17 Aug 2021 15:39

TRADING UPDATES: Chrysalis backs InfoSum; Argo Blockchain goes green

TRADING UPDATES: Chrysalis backs InfoSum; Argo Blockchain goes green

Read more
17 Aug 2021 10:39

SMALL-CAP WINNERS & LOSERS: Nostrum trims loss; Argo climate positive

SMALL-CAP WINNERS & LOSERS: Nostrum trims loss; Argo climate positive

Read more
9 Aug 2021 14:46

IN BRIEF: Argo Blockchain interim profit up; hashrate falls from June

IN BRIEF: Argo Blockchain interim profit up; hashrate falls from June

Read more
3 Aug 2021 12:03

TRADING UPDATES: UK housing market boosts Belvoir; IOG spuds Blythe

TRADING UPDATES: UK housing market boosts Belvoir; IOG spuds Blythe

Read more
29 Jul 2021 17:10

EXECUTIVE CHANGES: HL CFO to depart; Novacyt hires CEO from Amryt

EXECUTIVE CHANGES: HL CFO to depart; Novacyt hires CEO from Amryt

Read more
22 Jul 2021 20:57

TRADING UPDATES: Hotel Chocolat fundraises; Argo's Texas crypto asset

TRADING UPDATES: Hotel Chocolat fundraises; Argo's Texas crypto asset

Read more
21 Jul 2021 14:47

IN BRIEF: Argo Blockchain seeks US dual listing and public offering

IN BRIEF: Argo Blockchain seeks US dual listing and public offering

Read more
21 Jul 2021 11:04

SMALL-CAP WINNERS & LOSERS: Argo Blockchain plots US dual listing

SMALL-CAP WINNERS & LOSERS: Argo Blockchain plots US dual listing

Read more
6 Jul 2021 21:59

IN BRIEF: Argo Blockchain increases mining, mulls Nasdaq listing

IN BRIEF: Argo Blockchain increases mining, mulls Nasdaq listing

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.