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Promotional merchandise company Altitude lost £624,000 last year, much more than the £33,000 deficit recorded in 2008 as revenue tumbled 15%. Revenue fell to £15.3m from £18m as the end user businesses, the largest part of the group, saw sales drop to £10.2m from £13.6m. "2009 was the most difficu
Read moreCeres Power's interim loss grew to £5.9m from £3.3m a year earlier as revenue slumped 39%, blamed on the £2m Alpha milestone completion payment from British Gas last June being recognised as revenue when earned, based on costs incurred over the Beta and Gamma phases. Brian Count, chairman of the UK
Read moreLosses rose at football pools group Sportech last year after heavy asset write-downs and gross win falling 10% to £64.6m. Pre-tax losses in 2009 were £17m after £25m of one-offs. Underlying operating profits fell to £19.5m from £22.6m. "That the decline in profitability is due, primarily, to our co
Read moreShares in Avesco ticked up after the provider of technical support for broadcasting and entertainment events said it had a successful Winter Olympics at Vancouver. 'With contracts in place over the summer for the FIFA World Cup and the World Expo in Shanghai, the Avesco group expects to trade profi
Read moreGaming animation and entertainment group DQE posted flat revenues in the year to September 30 amid tough economic conditions but posted a sharp rise in pre-tax profits. Profit before tax rose to $1.1m from $400,000 the previous year as revenues stayed flat at $14.4m. DQE licenses and distributes c
Read moreRoyal Bank of Scotland is leading the banking sector lower. Trading in the state-controlled bank briefly stopped trading and it went into 'auction' as the price tumbled below 30p, though it has since recovered a little. The auction process is used when a company's share price falls, or rises too q
Read moreDQE, the AIM listed animation, gaming and entertainment group, has won an exclusive deal with Australian Broadcasting Corporation for the broadcasting of 52 episodes of the animated series of 'The Jungle Book' and a 60 minute TV Feature. This agreement will allow ABC TV exclusive broadcasting righ
Read morePlanet Payment Inc is on course to generate cash from operations in the second half of 2009. The fourth quarter tends to be strongest for the multicurrency payments processor because it encompasses the Christmas period. Third quarter revenues rose 16% to $11.75m and the pre-tax loss was reduced by m
Read moreTelecommunications technology group Filtronic saw a sharp fall in revenues in the year to May 31 as demand slumped. Revenue from continuing operations fell to £28.8m from £40.1m, but the group posted a pre-tax profit. However, the group moved into a pre-tax profit of £2.3m from a loss of £16.2m
Read moreDQ Entertainment and its affiliates are to work on developing an animated TV series based on Lassie, the collie dog character first featured in a film in 1943. DQ's partners include Classic Media, the owner of the Lassie brand, plus DQ Entertainment's affiliate in France and Ireland, M6/France, and
Read moreSoftware supplier Formjet has sold its Panda Software (UK) business for up to £1.4m in cash and replaced chief executive Tony Lee with former founder and joint CEO of Oriel Securities, Andrew Monk. The company has also placed 80m shares with Monk at 0.25p each, representing 24.23% of the business,
Read moreShares in Minco surged after the mining firm reported 'excellent' drilling results at its Pallas Green zinc-lead exploration project in Limerick, Ireland. Minco said a hole at the project returned one of the highest zinc and lead assay values received to date. Animation group DQ Entertainment expe
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