REMINDER: Our focusIR Investor Webinar takes place TONIGHT 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 picksCurzon Energy Share News (CZN)

  • This share is currently suspended. It was suspended at a price of 0.775

Share Price Information for Curzon Energy (CZN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.775
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 0.00 (0.00%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 0.775
CZN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EARNINGS UPDATES: Transence Tech swings to profit; Curzon widens loss

Tue, 27th Sep 2022 17:42

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

----------

Transense Technologies PLC - Bicester, England-based developer of specialist sensor systems for vehicles - Swings to a pretax profit of GBP268,000 in the year ended June 30, from a loss of GBP193,000 the previous year. Revenue rises 49% to GBP2.6 million from GBP1.8 million - this was primarily driven by momentum on royalty income from iTrack, the firm explains. iTrack royalty income totals GBP1.6 million in the year, up 88% against the previous year. Chair Nigel Rogers says: "The directors are confident that the company's business model is resilient, that further increases in profitability and cash flow are deliverable, and that the long term prospects for the company continue to build." In the first two months of its new financial year, company reports a year-on-year revenue growth of 19%.

----------

Curzon Energy PLC - London-based investor and developer in US based natural gas projects - In the six months ended June 30, widens its pretax loss to USD408,424 from USD345,886 the previous year. Administrative expenses increase to USD307,999 from USD278,305. The majority of this interim loss was due to expenditures in relation to the maintenance of the commercial potential of its Coos Bay coal bed methane project, as well as listing related corporate overheads in London, the company explains. Curzon says it is "unlikely" that it will recommend a dividend in the "foreseeable future." Adds its near-term goals remains focused on exploring ongoing opportunities and license renewals associated with the Coos Bay coal bed methane project.

----------

GENinCode PLC - Manchester-based predictive genetics company focused on the prevention of cardiovascular disease - Significantly widens pretax loss in the six months to GBP2.3 million in the six months to June 30, from GBP1.0 million the previous year. Revenue ticks up to GBP664,000 from GBP600,000. Administrative expenses surge to GBP2.6 million from GBP1.3 million. Cites increased levels of investment in preparation for the launch of Lipid inCode and Cario inCode for the widened loss. Looking to the second half, company remains focused on its US regulatory and reimbursement submissions for Cardio inCode. Adds the commercialisation of Lipid inCode continues to progress.

----------

Round Hill Music Royalty Fund Ltd - Guernsey-based investor in music copyright assets - In the six months to June 30, posts a widened pretax loss of USD3.2 million, compared to a loss of USD2.2 million in the period from August 5, 2020 to June 30, 2021. Against the same period, royalty income falls to USD14.1 million from USD16.3 million. Operating costs increase to USD15.6 million from. Looking into the second half of 2022, firm says royalty collecting societies and music publishers are expecting to see a positive upswing in royalty collections and distributions as the world continues to reopen post-Covid lockdowns.

----------

LifeSafe Holdings PLC - Essex, England-based fire safety technology firm - In the first half of 2022, significantly widens pretax loss to GBP2.2 million from GBP665,000 the previous year. Revenue surges to GBP1.3 million, however, from GBP41,000 a year prior. Administrative expenses jump to GBP1.4 million from GBP600,000 the previous year. Also notes non-underlying costs of GBP895,000 due to IPO costs and share-based payment charges. Chair Dominic Berger says: "In H1 2022, we have almost doubled the revenues that we generated in all of 2021 and this strong momentum has continued into H2 2022 with revenues continuing to grow ahead of the board's expectations."

----------

By Heather Rydings; heatherrydings@alliancenews.co

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
1 Mar 2019 10:27

Curzon Energy Raises Cash At Premium And Secures New Loan Note (ALLISS)

LONDON (Alliance News) - Curzon Energy PLC on Friday said it has raised almost GBP100,000 and also secured a new loan note.Curzon placed 6.0 million new shares at a price of 1.58 pence per

Read more
21 Nov 2018 12:22

Curzon Energy Agrees To Partner With Pared Energy On Texas Project

LONDON (Alliance News) - Curzon Energy PLC said Wednesday it entered into a memorandum of understanding with Pared Energy LLC for the participation in the development of an onshore natural gas in

Read more
6 Nov 2018 11:09

Curzon Energy Promotes Non-Executive Director To Chief Executive

LONDON (Alliance News) - Oil and gas company said on Tuesday it has promoted Non-Executive Director Scott Kaintz to chief executive officer with immediate effect.He will replace Stephen who

Read more
28 Sep 2018 12:20

Curzon Energy Loss Narrows, Mulls Ways To Accelerate Coos Bay Project

LONDON (Alliance News) - Curzon Energy PLC said on Friday its interim loss narrowed slightly as it continues to progress the Coos Bay project, with wells yet to achieve necessary commercial gas a

Read more
20 Apr 2018 11:29

Curzon Energy To Start Work To Speed Up Road To Full Production

LONDON (Alliance News) - Curzon Energy PLC on Friday said it is to start work to remove bridge plugs at its Coos Bay project as it looks to achieve commercial gas production ahead of on removing a

Read more
16 Mar 2018 10:05

Curzon Energy Speeds Up Gas Production Process At Coos Bay Project

LONDON (Alliance News) - Curzon Energy PLC said on Friday it has decided to remove bridge plugs on four of the five wells being tested at the Coos Bay bed

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.