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Pin to quick picksAscent Resources Share News (AST)

Share Price Information for Ascent Resources (AST)

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Share Price: 2.05
Bid: 1.90
Ask: 2.20
Change: 0.00 (0.00%)
Spread: 0.30 (15.789%)
Open: 2.05
High: 2.05
Low: 2.05
Prev. Close: 2.05
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EARNINGS UPDATES: Accsys profit up, Dolphin Capital loss narrows

Thu, 30th Jun 2022 12:11

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

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Accsys Technologies PLC - London-based wood building products manufacturer - Profit surges in financial year that ended March 31. Pretax profit grows to GBP1.7 million from GBP340,000 a year ago. Revenue rises 21% to EUR120.9 million from EUR99.8 million. Firm aims to nearly double earnings before interest, tax, depreciation, and amortisation in financial year 2023. Ebitda was EUR10.5 million in financial year 2022, largely unchanged from EUR10.4 million the year before. "In the longer term, we expect to achieve improved profitability and operating cash-flow generation," says Chief Executive Officer Robert Harris. He adds that the firm is increasing its capacity fivefold by 2025. Expects to double capacity from Hull and Arnheim in the current financial year to 120,000 cubic metres from 60,000 cubic metres. Proposes no dividend, unchanged from a year ago.

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Advanced Oncotherapy PLC - London-based provider of proton therapy for cancer treatment - Pretax loss widens in 2021 to GBP29.5 million from GBP25.3 million in 2020. Posts no revenue, unchanged from a year ago. Reports GBP4.3 million cash as at December 31, up from GBP2.3 million a year earlier. Raised GBP58 million in 2021. Says 2022 is a significant year for the company as it aims to deliver its "LIGHT" system that operates at 230 million electron volts.

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Ascent Resources PLC - London-based onshore Caribbean, Hispanic American and European-focused natural resources company - Narrows pretax loss in 2021 to GBP2.0 million from GBP2.8 million the year before. Posts no revenue in either years. Administrative expenses reduce to GBP1.6 million from GBP2.3 million.

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Dolphin Capital Investors Ltd - British Virgin Islands-based investor in high-end resort developments in the eastern Mediterranean - Pretax loss in 2021 narrows but net asset value per share falls. NAV falls to EUR0.13 per share as at December 31, from EUR 0.16 a year ago. Pretax loss narrows to GBP21.2 million from EUR24.1 million in 2020. Revenue grows to EUR4.7 million from EUR3.6 million. Gains EUR5.9 million on disposal of investments in subsidiaries, up sharply from EUR336,000 in 2020.

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Hydrogen Utopia International PLC - London-based waste-to-hydrogen company - Posts maiden pretax loss of GBP1.0 million for 2021 since it started trading on the Aquis Stock Exchange in January. Posts no revenue. Investment revenues at GBP184. Firm on Tuesday announced it began its waste plastic to hydrogen testing programme. Referring to a reduction of dependence on primary fossil fuels, Chief Executive Officer Aleksandra Binkowska says: "we believe that this transition represents the future."

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By Tom Budszus; tombudszus@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
3 Feb 2023 12:47

IN BRIEF: Ascent Resources to begin Slovenia maintenance works

Ascent Resources PLC - Latin America and Europe-focused energy and natural resources company - Says maintenance works for Slovenia operations is expected to begin this months. It will take ten days to complete following the arrival of long lead items to site. Follows announcement on December 1. Says it will provide an update on the outcome of the operation in due course.

Read more
2 Dec 2022 19:33

TRADING UPDATES: Time Out eyes Riyadh; MTI Wireless wins deal

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

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6 Oct 2022 20:29

TRADING UPDATES: Carlco appoints new CEO; Xtract sees positive results

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

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13 Sep 2022 14:19

IN BRIEF: Ascent Resources narrows loss, continues Slovenian claim

Ascent Resources PLC - onshore Caribbean, Hispanic American and European-focused natural resources company - In the first half of the year, records no revenue. Pretax loss narrows to GBP622,000 from GBP1.1 million year-on-year. Since period-end, receives historic revenue from PG-10 and PG-11A wells, which is will recognise in its next annual accounts, along with the associated production costs. Produces 672,100 cubic metres of gas and 21,885 litres of condensate over the period.

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15 Aug 2022 18:00

IN BRIEF: Ascent Resources files arbitration request against Slovenia

Ascent Resources PLC - onshore Caribbean, Hispanic American and European-focused natural resources company - Formally submits request for arbitration against the Republic of Slovenia, which includes an updated preliminary damages assessment in excess of EUR500 million.

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12 Aug 2022 12:58

Ascent receives first revenue payment from Slovenia partner

(Sharecast News) - Onshore energy and natural resources company Ascent announced receipt of the first cash payment from its Slovenian partner on Friday, following the recently-announced agreement on revenue recognition.

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12 Aug 2022 11:19

AIM WINNERS & LOSERS: Jadestone down on guidance cut; Ascent gets paid

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

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12 Aug 2022 09:52

Ascent Resources shares up on first payment from JV partner

(Alliance News) - Ascent Resources PLC on Friday said it has received a first payment from its Slovenian joint venture partner following a dispute over revenue recognition.

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8 Aug 2022 15:50

UK shareholder meetings calendar - next 7 days

Tuesday 9 August 
APQ Global LtdAGM
Goodbody Health IncAGM
Goodbody Health IncGM re delisting from Canadian Securities Exchange
Wednesday 10 August 
AssetCo PLCGM re share split
Ariana Resources PLCAGM
Cadence Minerals PLCAGM
CML Microsystems PLCAGM
Foresight Group Holdings LtdAGM
Mountview Estates PLCAGM
Unbound Group PLCGM re open offer
Thursday 11 August 
Inspecs Group PLCAGM
Marks Electrical Group PLCAGM
Silver Bullet Data Services Group PLCAGM
Friday 12 August 
iEnergizer LtdAGM
Ironveld PLCGM re proposals to remove directors
Old Mutual LtdGM
Pineapple Power CorpAGM
Monday 15 August 
Ascent Resources PLCGM re annual report
Corcel PLCAGM
Coro Energy PLCGM re annual report
Forward Partners Group PLCAGM
Ince Group PLCGM re fundraise
Red Rock Resources PlcGM convertible loans
Schroders PLCGM re dual class share structure
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
2 Aug 2022 16:48

TRADING UPDATES: Revolution Beauty, Global Invacom anticipate loss

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

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2 Aug 2022 11:15

AIM WINNERS & LOSERS: Revolution Beauty tumbles; GYG eyes delisting

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

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4 Jul 2022 11:29

IN BRIEF: Ascent Resources begins dispute resolution over Slovenian JV

Ascent Resources PLC - onshore Caribbean, Hispanic American and European-focused natural resources company - Begins dispute resolution mechanism in its Slovenian joint venture contract with joint venture partner Geoenergo, thus initiating the mediation process. The dispute relates to breaches under the UK-Slovenia bilateral investment treaty and the Energy Charter Treaty.

Read more
1 Jun 2022 16:04

UK shareholder meetings calendar - next 7 days

Thursday 2 June  
Clontarf Energy PLCGM re issue of new shares
HealthBeacon PLCAGM
Friday 3 June  
no events scheduled  
Monday 6 June  
Alphawave IP Group PLCAGM
Minoan Group PLCAGM
Omega Diagnostics Group PLCAGM
Sensyne Health PLCGM re strategic financing
Tuesday 7 June  
Animalcare Group PLCAGM
Arix Bioscience PLCAGM
Centrica PLCAGM
Integrated Diagnostics Holdings PLCAGM
Kooth PLCAGM
Ondine Biomedical IncAGM
Osirium Technologies PLCAGM
SpaceandPeople PLCAGM
TruFin PLCAGM
Wednesday 8 June  
Ascent Resources PLCAGM
Cambridge Cognition Holdings PLCAGM
City Pub Group PLCAGM
DP Eurasia NVAGM
Gem Diamonds LtdAGM
Hiro Metaverse Acquisitions I SAAGM
Itaconix PLCAGM
M&G Credit Income Investment Trust PLCAGM
Nostrum Oil & Gas PLCAGM
Parity Group PLCAGM
Petards Group PLCAGM
Safestyle UK PLCAGM
Savannah Resources PLCAGM
Third Point Investors LtdAGM
Woodbois LtdAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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30 May 2022 12:39

Ascent Resources signs law firm for legal claim against Slovenia

(Alliance News) - Ascent Resources PLC on Monday said it signed a damages-based agreement to appoint specialist arbitration and litigation firm Enyo Law LLP, regarding a claim against the Republic of Slovenia.

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