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Pin to quick picksBoku Share News (BOKU)

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Share Price: 182.50
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UK TRADING UPDATE SUMMARY: Novacyt Virus Test Orders At EUR135 Million

Tue, 02nd Jun 2020 12:57

(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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Novacyt SA - clinical diagnostics - Says sales of Covid-19 tests totalling EUR135 million at June 1, including EUR45 million already received and forward orders worth an additional EUR90 million. Novacyt says it is selling testing kits to more than 130 countries and wins Zimbabwe contract to supply 1.5 million tests.

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Concepta PLC - pregnancy testing and fertility tracking - Reports cost savings made as a result of manufacturing of myLotus fertility tracking product being outsourced. Says in early stages of commercial rollout of myLotus, but announces plans for digital campaign in June.

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Hemogenyx Pharmaceuticals PLC - blood disease treatment - Extends development deal with an unnamed global pharmaceutical company due to Covid-19. Partnership to develop CDX antibody candidate extended by three months to complete work.

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ValiRx PLC - cancer treatment - To work with Oncolytika Ltd and Black Cat Bio Ltd to explore use of VAL201 in a combination treatment for severe SARS-Cov2 sufferers. ValiRx cautions no guarantee collaboration will result in licensing income.

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PureTech Health PLC - biotherapeutics - Says founding entity Gelasis receives approval to market Plenity weight loss treatment in Europe.

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Braveheart Investment Group PLC - investment company - Says 80% owned Kirkstall Ltd partnering with Animal Free Research UK, researchers awarding grants to scientists who use techniques to replace use of animals in trials. Says Animal Free Research panel awards outlines projects that will use Kirkstall's Quasi Vivo system in Covid-19 research.

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Witan Investment Trust PLC - investor - Says performance so far in 2020 hurt by Covid-19 volatility, with total return at negative 17%, underperforming benchmark which gained 5%. Says UK stocks particularly hit, losing 19% in the period to end of May.

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Rambler Metals & Mining PLC - copper and gold producer - Enters into short-term financing agreement with Aether Real Assets Co Investment for GBP1.0 million unsecured loan carrying 10% annual interest, maturing October 5.

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Volga Gas PLC - oil and has exploration and production - Says average May production came in an 3,372 barrels of oil equivalent per day, up 45% month-on-month. Adds average price hurt by devaluation of Russian ruble and wider oil price drop.

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Ascent Resources PLC - natural resources - Says Slovenian environmental agency has announced Ascent's joint-venture partner Geoenergo doo needs impact assessment before working on PG-10 and PG-11A wells.

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Clipper Logistics PLC - logistics - Expects to report full-year earnings before interest, taxes and amortisation of roughly GBP24.0 million, a 19% rise. Reports boosted levels of activity from new and existing customers following initial Covid-19 disruption. Expects EBITA in financial 2021 to beat company-compiled consensus of GBP25.8 million.

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Hargreaves Services PLC - industrial and property services - To halt all coal mining operations by July 2020, but will incur GBP3.7 million exceptional cost for year ended May 31, 2020 as a result. Says no material disruption from Covid-19 besides in Property business, where work at a residential site near Edinburgh was suspended.

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Quartix Holdings PLC - vehicle tracking - Says trading during the four months to April 30 was stronger year-on-year. Does report however that new fleet installations fell 60% year-on-year in April and 25% annually in May, despite slight rebound as lockdowns eased. Says no material impact on subscription base as a result of Covid-19. Adds pandemic is unlikely to have material impact on profit and cash flow for first half of 2020.

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Zotefoams PLC - foam products maker - Maintained operations in April and May, despite challenging demand conditions. Expects trading in the second quarter to be in line with board expectations and forecasts stronger second half.

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Water Intelligence PLC - water leak detection - Reacquires San Jose, California franchise to sit within American Leak Detection subsidiary. Allows company to have corporate base in Silicon Valley, offering chance to build on "strong" research and development relationships.

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Gusbourne PLC - sparkling wine maker - Says 2020 started strongly but distribution channels hit by Covid-19 since March, though online demand has increased. Winery and vineyards continued production through lockdown, but company has furloughed staff, particularly in sales team. Enters into GBP10.5 million facility with lender PNC Financial Services UK Ltd. Gusbourne says new agreement will refinance existing debts.

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Blancco Technology Group PLC - data erasure - Enters in master service agreement to provide Aon Group Co with device diagnostics technology.

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Gaming Realms PLC - mobile games - Says licensing revenue continued to grow, surging 80% year-on-year between April and May. Adds revenue helped by new licensing partners like 888casino.com, Sky Betting & Gaming and Draft Kings. Expects earnings before interest, taxes, depreciation and amortisation for 2020 to be significantly ahead of market expectations.

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WANdisco PLC - Data and AI - Says it has secured reseller agreement with "large global systems integrator". Reports customer will have access to WANdisco's suite of solutions.

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Boku Inc - mobile payments platform - Reports identity services now available in more than 50 countries.

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Toople PLC - telecoms - Reports recently-acquired subsidiary Direct Market Services Ltd wins pact to provide IT services to Carluccio's restaurant group.

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Iconic Labs PLC - media business - To issue 500.0 million new shares under first tranche of convertible bonds agreement with lender.

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By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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Vector Capital PLCAGM
Vistry PLCAGM
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Friday 17 May 
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Central Asia Metals PLCAGM
Quantum Exponential Group PLCGM re potential substantial investment in company
Monday 20 May 
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Harworth Group PLCAGM
Hilton Food Group PLCAGM
Itaconix PLCAGM
Malvern International PLCAGM
Windward LtdAGM
Revolution Bars Group PLCGM re fundraising
Tuesday 21 May 
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Centamin PLCAGM
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Equals Group PLCAGM
Fintel PLCAGM
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GetBusy PLCAGM
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Impact Healthcare REIT PLCAGM
IWG PLCAGM
JTC PLCAGM
K3 Business Technology Group PLCAGM
M&G Credit Income Investment Trust PLCAGM
Metro Bank Holdings PLCAGM
Portmeirion Group PLCAGM
Riverstone Energy LtdAGM
Shell PLCAGM
Sherborne Investors (Guernsey) C LtdAGM
TBC Bank Group PLCAGM
Trustpilot Group PLCAGM
US Solar Fund PLCAGM
Wednesday 22 May 
4imprint Group PLCAGM
Bango PLCAGM
Boku IncAGM
Empiric Student Property PLCAGM
Invinity Energy Systems PLCGM re placing of shares
M&G PLCAGM
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NIOX Group PLCAGM
PPHE Hotel Group LtdAGM
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Staffline Group PLCAGM
Stelrad Group PLCAGM
VH Global Sustainable Energy Opportunities PLCAGM
Zotefoams PLCAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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1 May 2024 16:13

EXECUTIVE CHANGES: New chairs for CVS Group, LSL Property and Videndum

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Tuesday and Wednesday and not separately reported by Alliance News:

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1 May 2024 13:22

Boku finance chief hands in notice

(Sharecast News) - Mobile payment solutions specialist Boku announced the retirement of its chief financial officer Keith Butcher on Wednesday.

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9 Apr 2024 11:38

Boku authorised as Payment Aggregator in India

(Sharecast News) - Mobile payment technology specialist Boku announced on Tuesday that the Reserve Bank of India (RBI) had granted full authorisation to its Indian entity, Boku IN, to operate as a 'Payment Aggregator'.

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9 Apr 2024 09:34

IN BRIEF: Boku receives payment aggregator authorisation in India

Boku Inc - San Francisco-based payment service provider - Says its business in India, Boku Network Services IN Pvt Ltd, has received authorisation from the Reserve Bank of India to operate as a payment aggregator. A payment aggregator is a third-party service that facilitates online payments between consumers and businesses. Upon receipt of in-principle authorisation in January, Boku said the approval "is expected to accelerate the growth of local payment acceptance in India via Boku IN, permitting greater choice of payment for Indian consumers vis-a-vis Boku merchants".

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26 Mar 2024 09:40

LONDON BROKER RATINGS: Dr Martens cut to 'sell'; BofA likes Tullow

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

Read more
19 Mar 2024 12:09

Boku profit before tax surges 178pc in 2023

(Sharecast News) - Mobile payments specialist Boku reported a 30% jump in revenue in its 2023 results on Tuesday, to $82.7m, up from $63.8m in the prior year, with significant contributions from digital wallets and account-to-account (A2A) connections, which soared by 153% to $16.9m.

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19 Mar 2024 10:32

Boku in "strong financial shape" says CEO after 2023 performance

(Alliance News) - Boku Inc on Tuesday said that the company increased revenue and nearly tripled profits in 2023, with help from an up tick in its active customer base.

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19 Mar 2024 09:21

LONDON BROKER RATINGS: Investec cuts ConvaTec; RBC raises Vistry

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

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1 Feb 2024 10:43

Boku senior independent non-exec director Roberts to retire at AGM

(Alliance News) - Boku Inc on Thursday said senior independent non-executive director, Stewart Roberts, will retire after the firm's annual general meeting, set to take place in May.

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23 Jan 2024 09:28

Boku hails growth from bundling as profit and revenue climb in 2023

(Alliance News) - Boku Inc on Tuesday said adjusted earnings in 2023 were ahead of market expectations, despite continued investment in its payment network.

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23 Jan 2024 09:21

LONDON BROKER RATINGS: HSBC cuts Compass; Berenberg lowers Victrex

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

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5 Jan 2024 08:12

IN BRIEF: Boku appoints Neal as CEO after Prideaux's retirement

Boku Inc - London-based provider of mobile payment solutions - Says that Stuart Neal was appointed chief executive officer on Monday. In July, Boku announced the retirement of former-CEO Jon Prideaux. Prideaux stepped down on December 31, but remains on Boku's board in a non-executive capacity.

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26 Sep 2023 16:37

Boku upbeat on strong first-half growth

(Sharecast News) - Mobile payments specialist Boku reported a 26% improvement in first-half revenues on Tuesday, to $38.2m.

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26 Sep 2023 12:21

Boku expects full-year results ahead of expectations on revenue boost

(Alliance News) - Boku Inc on Tuesday said it now expects its full-year results to be "slightly" ahead of expectations after reporting a jump in interim revenue, but added that its profit declined on higher costs.

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