The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksArc Minerals Share News (ARCM)

Share Price Information for Arc Minerals (ARCM)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.80
Bid: 1.75
Ask: 1.85
Change: 0.02 (1.12%)
Spread: 0.10 (5.714%)
Open: 1.775
High: 1.80
Low: 1.775
Prev. Close: 1.78
ARCM 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
8 Apr 2019 08:02

Arc Minerals upbeat on commissioning of Kalaba demonstration plant

(Sharecast News) - Arc Minerals reported on Monday that it had completed and successfully commissioned the Kalaba demonstration pilot plant, confirming the initial production of copper-cobalt sulphide concentrate.

Read more
21 Feb 2019 11:06

Arc Minerals Sells 18% Stake In Eritrea Mining Firm For USD250,000

LONDON (Alliance News) - Mining firm Arc Minerals Ltd said Thursday it has sold its 18% stake in Andiamo Exploration Ltd for USD250,000 to Emerald Ex BV as part of a plan to divest non-core will a

Read more
19 Feb 2019 11:48

Arc Minerals Fundraises To Progress On Zamsort Project Development (ALLISS)

LONDON (Alliance News) - Arc Minerals Ltd on Tuesday said it has raised GBP2.2 million through a non-brokered private share placement to fund the continuing exploration and development work on its

Read more
5 Feb 2019 12:03

Arc Minerals Hires Founder Of Zamsort Mushinge As Non-Exec Director

LONDON (Alliance News) - Arc Minerals Ltd on Tuesday said it has appointed Mumena Mushinge as a non-executive director with immediate effect.The AIM-listed exploration company said Mushinge

Read more
4 Feb 2019 13:29

Arc Minerals Discovers Significant New Targets At Zamsort, Zambia

LONDON (Alliance News) - Arc Minerals Ltd on Monday said that it identified significant new targets at the Zamsort Copper-Cobalt project, in Zambia.Initial results from the company's a

Read more
29 Jan 2019 14:24

Arc Minerals To Start Production As Zamsort Plant Nears Completion

LONDON (Alliance News) - Arc Minerals Ltd on Tuesday said it has made "excellent" progress over the past nine months with the construction of the commercial scale demonstration plant at

Read more
28 Nov 2018 16:40

Arc Minerals interesects 'encouraging' copper mineralisation in Zambia

(Sharecast News) - Arc Minerals confirmed on Wednesday that it has intersected "significant" copper mineralisation at the Kalaba Cobalt-Copper project in the Zambia copper belt.

Read more
28 Nov 2018 14:03

Arc Minerals Kalaba Drilling Encouraging; Non-Exec Director Steps Down

LONDON (Alliance News) - Arc Minerals Ltd said Wednesday further diamond and reverse circulation drilling results from oxide and sulphide zones at its Kalaba cobalt-copper project were "very

Read more
19 Nov 2018 16:19

UK Shareholder Meetings Calendar - Next 7 Days

Tuesday 20 NovemberĀ Pan African ResourcesCap-XXPhysiomicsWednesday 21 22

Read more
23 Oct 2018 11:16

Arc Minerals To Start Airborne Geophysical Survey On Zamsort Project

LONDON (Alliance News) - Arc Minerals Ltd said on Tuesday it will undertake a high resolution airborne geophysical survey over its Zamsort Copper-Cobalt Project in Zambia.The survey will up

Read more
16 Oct 2018 11:51

Arc Minerals Continues To Intersect Mineralisation In Kalaba Drilling

LONDON (Alliance News) - Arc Minerals Ltd said Tuesday it continued to see "very encouraging" results from its Zamsort copper-cobalt project in Zambia, after elevated copper company said

Read more
16 Oct 2018 08:52

Arc Minerals intersects additional mineralisation at Kalaba

(Sharecast News) - Further drilling at Arc Minerals's Kalaba asset has intersected additional copper mineralisation.

Read more
8 Oct 2018 12:28

Arc Minerals Zambian Drilling Exceeds Management Expectations

LONDON (Alliance News) - Arc Minerals Ltd said Monday that the 11,000 metre drilling programme at the Kalaba prospect in Zambia has exceeded internal expectations.The prospect, in the has a

Read more
1 Oct 2018 11:32

Arc Minerals Raises GBP2 Million For Kalaba Project Development

LONDON (Alliance News) - Arc Minerals Ltd on Monday said it raised GBP2.0 million through a share placing to fund exploration and development work on its Kalaba copper-cobalt project in investment

Read more
11 Sep 2018 13:40

Arc Minerals Intersects Extensive Mineralisation At Zamsort Project

LONDON (Alliance News) - Arc Minerals Ltd said Tuesday it intersected "extensive" copper cobalt mineralisation at its Kalaba prospect, part of the Zamsort project in Zambia.The it

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.