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 picksAtlantic Coal Share News (ATC)

  • There is currently no data for ATC

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

All ThingsConsidered swings to profit after better than expected year

Fri, 05th May 2023 10:03

(Alliance News) - All ThingsConsidered Group PLC on Friday reported increased revenue and a swing to a small profit instead of the narrowed loss it expected, crediting its "resilient business platform" and the music industry's return to full-capacity touring.

All ThingsConsidered is a London-based music company providing artists with talent management, live booking and livestreaming services.

All ThingsConsidered reported a pretax profit of GBP10,012 for 2022, swung from a loss of GBP3.3 million in 2021. In February, the company had predicted a significantly narrowed pretax loss.

Revenue increased by 33% to GBP12.1 million from GBP9.1 million. All ThingsConsidered said this included a 77% rise in revenue from artist representation to GBP6.6 million from GBP3.7 million. Revenue from services more than quadrupled to GBP2.9 million from GBP778,502.

All ThingsConsidered said its live event booking agency ATC Live is now the world's sixth largest touring agency. It attributed growth to the music industry's backlog of shows and the return to full-capacity touring in the second quarter, following the Covid-19 pandemic.

All ThingsConsidered did not declare a dividend for 2022, unchanged from the prior year.

All ThingsConsidered said trading in 2023 so far is in line with expectations. ATC Live is anticipated to deliver around 6,000 live shows. All ThingsConsidered will aim to capitalise on multiple revenue opportunities within the growing global music industry.

Chief Executive Officer Adam Driscoll commented: "The new year has started with continued positive momentum and a pipeline of exciting projects and opportunities. As the music industry continues to undergo rapid change, we believe there is substantial opportunity to co-create, co-produce and deliver new IP via events and experiences, underpinned by our multi-service approach across artists' commercial interests. We look ahead with confidence in the group's growth prospects."

Shares in All ThingsConsidered were untraded on Aquis Stock Exchange in London on Friday at 92.50 pence. It has a market capitalisation of GBP8.9 million.

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
4 Nov 2013 12:08

UK WINNERS & LOSERS: Weir Leads Blue-Chip Fallers, Airlines Dive On Ryanair Warning

Read more
4 Nov 2013 11:19

Atlantic Coal Shares Jump 14% On Increased Coal Sales

Read more
23 Oct 2013 16:29

SThree Asian Pacific director sells 74,176 shares

- Asia Pacific director sells 74,176 shares - Awarded as consideration for purchase of minority interests The Managing Director of SThree's Asia Pacific arm, Justin Hughes, this week sold off £264,808-worth of shares in the staffing business, which specialises in the IT sector. Hughes disposed

Read more
22 Oct 2013 14:39

CORRECT: DIRECTOR DEALINGS: Atlantic Coal Managing Director Buys 7.3 Million Shares

Read more
22 Oct 2013 13:36

DIRECTOR DEALINGS: Atlantic Coal Managing Director Buys 7.3 Million Shares

Read more
26 Sep 2013 16:24

MARKET COMMENT: TUI Travel Flies, Thomas Cook Dives And UK Shares End Mixed

Read more
26 Sep 2013 11:55

UK WINNERS & LOSERS: Travel Operators Head In Different Directions

Read more
26 Sep 2013 10:43

Atlantic Coal swings to profit in first half

Atlantic Coal swung to a profit in the first half on the back of an increase in production and tighter cost control. The coal miner reported a net profit of $2.4m, compared to a loss of $1.3m last year. Clean coal production rose 37.4% to 81,965 tonnes, up from the prior year's 59,642 tonnes. The

Read more
26 Sep 2013 07:54

Atlantic Coal Shares Boosted On Swing To Profit, Higher Production

Read more
19 Sep 2013 12:28

DIRECTOR DEALINGS: Atlantic Coal Says Non-Executive Director Transfers Shares

Read more
11 Jun 2013 10:30

Atlantic Coal soars on significant increase in coal reserve base

Atlantic Coal, the AIM-listed, US-focused anthracite coal mining company, has announced a 29 per cent increase in its clean coal reserve base to 1.78m tonnes from 1.38m tonnes, at the Stockton anthracite mine located near Hazleton, Pennsylvania. The company estimated that this would extend the lif

Read more
2 Apr 2013 10:16

Atlantic Coal shares slide after option update

Shares in AIM-listed listed anthracite coal mining company Atlantic Coal slid slightly on Tuesday, the same day that the company announced an update in relation to an option agreement to acquire additional anthracite mining assets in Pennsylvania. The option - which is exercisable at the company's

Read more
21 Jan 2013 09:17

Atlantic Coal exercises option over mining site in Pennsylvania

Atlantic Coal, an AIM-listed coal production company, has exercised its lease option over the fully permitted 410 acre Pott & Bannon anthracite mining property in Pennsylvania, US. As such, the group will pay $6.0m in cash, coal and shares to Reading Anthracite Company, in addition to warrants ove

Read more
27 Sep 2012 16:38

London close: Back in the blue ... just

Having briefly broken above 5800 shortly after the start of trading, on the back of news of stimulus measures in China, the top share index move into negative territory in the afternoon session, before rallying near the close. The stock market is not the only thing back in the blue It was revealed

Read more
27 Sep 2012 13:53

Losses widen at Atlantic Coal

Atlantic Coal, an AIM-listed open cast coal production and processing company, saw a widening of half year losses after exceptional expenses and rising administrative expenses offset a 79 per cent leap in gross profit. Consequently, the loss from ordinary activities before tax widened from $1.05m

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.