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
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied Materials
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied MaterialsView Video
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to mining
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to miningView Video

Latest Share Chat

Pin to quick picksEco (atlantic) Share News (ECO)

Share Price Information for Eco (atlantic) (ECO)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 14.15
Bid: 14.00
Ask: 14.30
Change: 0.35 (2.54%)
Spread: 0.30 (2.143%)
Open: 13.875
High: 14.20
Low: 13.875
Prev. Close: 13.80
ECO Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EARNINGS SUMMARY: ActiveOps loss narrows; Puma VCT net assets up

Tue, 29th Nov 2022 21:36

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

----------

ActiveOps PLC - Reading, England-based management software firm - Pretax loss for the six months to September 30 narrows to GBP606,000 from GBP991,000 a year before. Revenue grows 7% to GBP12.3 million versus GBP11.5 million. Attributes this to new customer wins and "substantial expansion deals," resulting in substantial growth in SaaS revenue. Remains optimistic about the future due to expansion deals on the horizon and an expanding product offering.

----------

First Property Group PLC - London-based property fund manager and investor - Pretax profit in the six months to September 30 falls 64% to GBP2.4 million from GBP6.7 million. The profit last year was flattered by a loan restructuring, it explains. Revenue grows to GBP4.2 million versus GBP4.0 million. Maintains an interim dividend of 0.25 pence per share. "There is bound to be a period of weakness, but things should settle during 2023 as long as there are no other shocks to the system. In time, higher inflation should result in rents increasing across the board, though a recession may slow down this adjustment," Chief Executive Ben Habib comments.

----------

Eco Atlantic Oil & Gas Ltd - Toronto-based oil and gas exploration company - Reports net loss of USD16.5 million for the six months to September 30, widened from USD1.2 million a year before, as total operating expenses jump to USD17.3 million from USD1.4 million. Interest income multiplies to USD56,452 from GBP8,435. Expects to have roughly USD17.5 million cash and cash equivalents at the end of November 2022, following receipt of the initial proceeds from the sale of the Kozani project in the coming days. "We remain highly optimistic about the potential contained within the Orinduik Block, and we are working with our JV partners to drill another well as quickly as possible. Guyana remains one of the most exciting exploration hotspots, alongside Orange Basin SA and Namibia, where we also hold a highly strategic acreage position, and we are working hard to deliver value for all our stakeholders across our asset portfolio in the near to medium term," President & CEO Gil Holzman comments.

----------

Karelian Diamond Resources PLC - Dublin-based diamond explorer - Swings to a pretax profit of EUR13,593 in the financial year that ended May 31 from a loss at EUR422,192 the year prior. The profit was generated as a result of the movement in fair value of warrants totalling EUR389,904, it explains. Looks forward to receiving the necessary land valuation decisions in addition to the planned diamond exploration work in Finland.

----------

Atrato Onsite Energy PLC - London-based renewable energy investment trust - Net asset value per share stands at 92.8 pence as at September 30, down versus 97.4 pence as at March 31. Share price on the same date falls to 99.5 pence from 112.5 pence. Declares a dividend of 3.01p, in line with its target set out at the IPO. Deploys GBP49 million into a diversified portfolio of solar photovoltaic systems during the period. "Our investments support the UK's net zero agenda whilst delivering progressive dividend income and long-term opportunities for capital growth. We are encouraged and feel confident in the position we have built for onsite solar in the UK," Chair Juliet Davenport comments.

----------

Inqo Investments Ltd - South Africa-focused investment firm - Pretax loss in the half-year period to August 31 widens to ZAR5.2 million, or GBP255,916, from ZAR5.8 million a year before, as selling & administrative expenses to ZAR3.8 million from ZAR2.4 million. Revenue multiplies to ZAR3.4 million from ZAR607,688. Says that it remains in a good financial position with total assets of ZAR147.5 million and minimal debt.

----------

Puma VCT 13 PLC - venture capital trust - Net asset value as at August 31 stands at 136.33 pence, up from 129.84p the year before. This can be attributed to an upward revaluation across the majority of holdings, it explains. Records a return of 2.42p per share.

----------

Conroy Gold & Natural Resources PLC - Dublin-based gold exploration and development focused on Ireland and Finland - Swings to a pretax loss of GBP256,484 from a profit of GBP211,010 in the year which ended May 31. Operating expenses rise to GBP832,340 versus GBP752,619. Records no revenue in the period, unchanged from a year before. "Overall, we have made excellent progress in the last year and we will look to accelerate the pace of the work programme in the current year," Chair Richard Conroy comments.

----------

By Abby Amoakuh; abbyamoakuh@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
1 Sep 2009 17:45

Update: EcoSecurities considering Guanabara revised offer

Irish carbon credit company EcoSecurities said it is considering the terms of the revised offer from Dutch firm Guanabara Holdings Guanabara earlier today upped the ante in its hostile takeover attempt of EcoSecurities with an increased final offer of 90p per share, raising it from 77p. "The boa

Read more
1 Sep 2009 09:22

Guanabara makes final bid for EcoSecurities

Dutch firm Guanabara Holdings has upped the ante in its hostile takeover attempt of Irish carbon credit companyEcoSecurities with an increased and final offer. Guanabara has raised its offer terms from 77p in cash per EcoSecurities share to 90p per share. The Dutch company said the offer terms wou

Read more
21 Aug 2009 07:57

Small caps round-up: Billing Services, Playwize, EcoSecurities...

Billing Services, which provides financial risk management solutions to the telecommunications industry, saw underlying profit rise for the half-year and said it was on track to meet expectations for the full year. For the first half, EBITDA increased to $19.2m from $17.4m before on turnover that r

Read more
4 Aug 2009 11:30

Small caps round-up: Devro, Cashbox, Sportech...

Devro more than doubled first half pre-tax profit to £11m from £5m a year ago and the sausage skin maker expects the improving performance to continue through the second half. Profit before exceptional items for the six months ended 30 June 2009 rose 17% to £9.2m on sales up 27% to £105m. The inter

Read more
23 Jul 2009 15:47

Ecosecurities shuns Guanabara offer

Dutch firm Guanabara's 77p per share cash offer for Irish carbon credit company EcoSecurities has been rejected. EcoSecurities said it rejected the offer because it is "wholly inadequate", adding that it will issue a formal response on or before 5 August. "In the meantime, EcoSecurities sharehol

Read more
21 Jul 2009 14:39

Tricorona considering EcoSecurities bid

Swedish firm Tricorona is considering a bid for Irish carbon credit company EcoSecurities. "Tricorona... is reviewing the situation regarding the possibility of making an offer for EcoSecurities. There can be no certainty that any offer will be forthcoming," it said. EcoSecurities said it will rev

Read more
16 Jul 2009 15:49

Guanabara makes EcoSecurities bid, EDF pulls out

Dutch firm Guanabara Holdings has made a £91m offer for Irish carbon credit company EcoSecurities while French energy firm EDF has pulled out of the bid battle. EDF Trading, a subsidiary of EDF, confirmed that it does not intend to make an offer for EcoSecurities and instead agreed a portfolio deal

Read more
8 Jun 2009 17:01

London close: Late rally not enough

Footsie came off its lows towards the close of trading Monday but still finished lower, held back by a weak mining sector. Mining stocks Vedanta Resources, Eurasian Natural Resources, Anglo American, BHP Billiton, Rio Tinto, Fresnillo, Lonmin and Antofagasta all featured among the ten worst perfor

Read more
8 Jun 2009 14:20

London afternoon: Lloyds rump placed at 60p

Footsie clawed back some losses over the lunch time session but remains in the red, thanks largely to the weakness of miners, which are following metals prices lower. Mining stocks Vedanta Resources, Eurasian Natural Resources, Anglo American, BHP Billiton, Rio Tinto, Fresnillo, Lonmin and Antofa

Read more
8 Jun 2009 12:19

London midday: Miners weigh down Footsie

London's blue-chip index is doing its usual trick of following the miners, which today are in a down phase. The worst performers in the mining sector are Vedanta Resources, Eurasian Natural Resources, Anglo American, BHP Billiton, Rio Tinto, Fresnillo and Antofagasta. Hochschild Mining follows

Read more
8 Jun 2009 08:06

EDF joins EcoSecurities bid battle

A bid battle is in prospect for Irish carbon credit company EcoSecurities after French energy company EDF said it was considering a rival bid to the one made by Dutch firm Guanabara Holdings. EcoSecurities said it noted the "unsolicited approach" by EDF and considered it "to be wholly inadequate,"

Read more
5 Jun 2009 08:16

Guanabara considering EcoSecurities offer

Dutch firm Guanabara Holdings is considering an offer for Irish carbon credit company EcoSecurities at a price of 60p per ordinary share. Guanabara is a company chaired by Dr Pedro Moura Costa, a founder of EcoSecurities. It is owned by Grandal Services, a company owned by Moura Costa's Mayanna Tru

Read more
21 May 2009 12:16

Small cap round-up: Advanced Computer, ECO, Panmure Gordon...

Advanced Computer Software has raised £43.75m through a placing at 30p per share. The cash will help fund acquisitions keen to become the leading consolidator in the primary care IT market. ACS has identified further complementary businesses to acquire and the funds raised in the placing will ena

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.