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Share Price Information for Gama Aviation (GMAA)

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Share Price: 107.50
Bid: 85.00
Ask: 130.00
Change: 9.50 (9.69%)
Spread: 45.00 (52.941%)
Open: 98.00
High: 107.50
Low: 93.00
Prev. Close: 107.50
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TRADING UPDATES: Midwich and Glenveagh Properties swing to profit

Tue, 08th Mar 2022 18:19

(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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Bango PLC - Cambridge-based data-driven commerce company - For 2021, swings to pretax loss of USD1.5 million from profit of USD870,000 the year before, driven by higher costs resulting from a planned strategy of reinvestment to strengthen the company's platform. This is spite of revenue growing 32% year-on-year to USD20.7 million from USD15.7 million, as a result of new platform deals and subscription services.

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Midwich Group PLC - audio visual technology distributor - For 2021, swings to pretax profit of GBP18.9 million from GBP1.0 million loss the year before, on revenue which grows 20% year-on-year to a record GBP856.0 million from GBP711.8 million, driven by a pickup in the AV market during the year, particularly in the EMEA and North America regions. Proposes final dividend of 7.8 pence per share, bringing total payout to 14.1p. Looking ahead, company remains cautious for 2022 but is optimistic about meeting its strategic objective for the year. In addition, has no direct exposure to Russia or Ukraine, and does not expect any significant effect on the company from recent events.

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Gresham Technologies PLC - London-based software and services company - For 2021, pretax profit rises 49% to GBP431,000 from GBP308,000 the year before, as revenue grows 49% year-on-year to GBP37.0 million from GBP24.8 million, partly due to the recent contribution from Electra Information Systems Inc, which Gresham acquired during the year, in addition to strong growth from Clareti, where revenue rises 65% to GBP25.5 million. Declares final dividend per share at 0.75 pence. Looking ahead, has GBP37 million of revenue for 2022 under contract, leaving management confident about the group's prospects.

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Glenveagh Properties PLC - Dublin-based housebuilder - For 2021, swings to pretax profit of EUR45.7 million from a loss of EUR15.7 million, on revenue which more than doubles year-on-year to EUR476.8 million from EUR232.3 million. Total completions increased 64% year-on-year to 1,150 from 700, although the core average selling price dipped 1% to EUR308,000 from EUR311,000. Looking ahead, forward order book more than doubled to EUR675 million at 1,921 units, from EUR310 million at 950 units. Looking ahead, the company is targeting continued revenue and profit rise in 2022.

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Engage XR Holdings PLC - Waterford City, Ireland-based virtual communications solutions - For 2021, pretax loss widens to EUR3.1 million from EUR2.7 million the year before, due to a rise in administrative expenses on higher staff costs, more than offsetting a 68% year-on-year increase in revenue to EUR2.4 million from EUR1.4 million, on rising demand for ENGAGE services.

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Aura Energy Ltd - Australia-based minerals company with polymetallic and uranium projects in Europe and Africa - For the six months ended December 31, pretax loss narrows to USD624,048 from USD1.7 million, due to lower expenses and a rise in other income to USD92,496 from USD30,452. Aura Energy remains focused on move into development phase for the Tiris uranium project in Mauritania, while the Haggan battery metals project in Sweden remains on care and maintenance.

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Future Metals NL - Australia-focused platinum group metals explorer - For the six months ended December 31, swings to pretax loss of AUD2.4 million from profit of AUD250,000, on ASX and AIM share registry fees.

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Guild Esports PLC - London-based esports company - Since end of January, when the company released its annual results, has traded in line with management expectations, with the new business pipeline remaining strong and advanced negotiations for sponsorship deals with several brands. Also announces resignation of Finance Director James Savage with immediate effect for personal reasons. Guild Esports has already started a search for a permanent replacement, and will appoint an interim CFO.

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Gama Aviation PLC - Farnborough, England-based aviation services company - For 2021, expects to report an adjusted loss before interest and taxes of USD4 million, compared to USD4.3 million the year before.

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Zaim Credit Systems PLC - Russia-focused fintech - Will comply with all UK, US and EU sanctions, and will monitor the situation to ensure its continued compliance. Company stresses that it has no relationships with any Russian banks, and is advancing its work to expand into other European countries. In addition, Zaim Express operates solely in Russia and is not affected by sanctions on the SWIFT international payment system.

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Allianz Technology Trust PLC - London-based technology investment company - For 2021, net asset value total return is 19.4% , compared to a 28.2% return from the Down Jones World Technology Index. As at December 31, net asset value per share increases year-on-year to 347.9 pence from 291.3p.

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By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
28 May 2024 20:35

IN BRIEF: Gama Aviation set for AIM exit this week

Gama Aviation PLC - Farnborough, England-based aviation services company - Shares are to be cancelled from AIM on Friday, after shareholders backed its delisting in a general meeting earlier in May. It proposed the delisting in April, noting the "permanent cost savings" this would bring and "highly illiquid" trading of shares. Shareholders had also approved a return of GBP32.6 million at that meeting.

Read more
24 May 2024 20:18

IN BRIEF: Gama Aviation in talks to buy Tyrolean Jet Services

Gama Aviation PLC - Farnborough, England-based aviation services company - Confirms that it is in discussions to acquire Tyrolean Jet Services, an Austrian provider of aircraft management and charter services. Gama was responding to industry market speculation. Explains the interest in TJS is consistent with the group's strategy to grow its Aircraft Management & Charter business. Says talks are ongoing, and they remain subject to further negotiations, diligence, and Board approval. As such, they are not expected to be concluded until after the company's delisting from AIM.

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24 May 2024 15:04

Gama Aviation in talks over potential acquisition of TJS

(Sharecast News) - Gama Aviation confirmed on Friday that it is in talks about the possible acquisition of Tyrolean Jet Services (TJS), an Austrian provider of aircraft management and charter services.

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8 May 2024 15:55

UK shareholder meetings calendar - next 7 days

Thursday 9 May 
Ascential PLCAGM
BAE Systems PLCAGM
Balfour Beatty PLCAGM
Barclays PLCAGM
CAB Payments Holdings PLCAGM
Catenai PLCGM re convertible loan note
Clarkson PLCAGM
FBD Holdings PLCAGM
Genel Energy plcAGM
Gym Group PLCAGM
Harbour Energy PLCAGM
Hiscox LtdAGM
IMI PLCAGM
Inchcape PLCAGM
Indivior PLCAGM
John Wood Group PLCAGM
Jupiter Fund Management PLCAGM
Logistics Development Group PLCAGM
Man Group PLCAGM
Morgan Advanced Materials PLCAGM
OSB Group PLCAGM
Public Policy Holding Co IncAGM
Rathbones Group PLCAGM
RM PLCAGM
Spire Healthcare Group PLCAGM
Synthomer PLCAGM
Uniphar PLCAGM
Friday 10 May 
Cairn Homes PLCAGM
Derwent London PLCAGM
Diversified Energy Co PLCAGM
Hutchmed China LtdAGM
Irish Residential Properties REIT PLCAGM
Kenmare Resources PLCAGM
Rightmove PLCAGM
Serinus Energy PLCAGM
Standard Chartered PLCAGM
Wheaton Precious Metals CorpAGM
Monday 13 May 
88 Energy LtdAGM
888 Holdings PLCAGM
hVIVO PLCAGM
Kore Potash PLCAGM
Tuesday 14 May 
Aptitude Software Group PLCAGM
Chesnara PLCAGM
Cirata PLCAGM
Computacenter PLCAGM
EKF Diagnostics Holdings PLCAGM
FDM Group PLCAGM
Henderson High Income Trust PLCAGM
Kakuzi LtdAGM
Luceco PLCAGM
Midwich Group PLCAGM
Phoenix Group Holdings PLCAGM
TI Fluid Systems PLCAGM
Wednesday 15 May 
Accrol Group Holdings PLCGM re takeover by Navigator Paper
Aura Renewable Acquisitions PLCAGM
Barratt Developments PLCGM re takeover of Redrow PLC
Bridgepoint Group PLCAGM
Burford Capital LtdAGM
Conduit Holdings LtdAGM
Funding Circle Holdings PLCAGM
Gama Aviation PLCGM re tender offer
GCP Asset Backed Income Fund LtdAGM
Greggs PLCAGM
IQGeo Group PLCAGM
Literacy Capital PLCAGM
Marshalls PLCAGM
Mpac Group PLCAGM
Redrow PLCGM re takeover by Barratt Developments PLC
Renewables Infrastructure Group LtdAGM
Savills PLCAGM
Seneca Growth Capital VCT PLCAGM
Spirax-Sarco Engineering PLCAGM
St James's Place PLCAGM
TP ICAP Group PLCAGM
Vesuvius 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.

Read more
29 Apr 2024 16:28

TRADING UPDATES: Libertine's strategic review; One Health sales up

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

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24 Apr 2024 14:26

TRADING UPDATES: 88 Energy firms bookbuild; Gama Aviation inks deal

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

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1 Mar 2024 18:29

TRADING UPDATES: Alpha Real Trust says in "robust" financial shape

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

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5 Feb 2024 20:23

TRADING UPDATES: ReNeuron warns; Gama Aviation pledges cash return

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

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31 Jan 2024 21:42

EARNINGS AND TRADING: Asia Strategic loss narrows; Verici Dx grant win

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

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8 Jan 2024 11:53

IN BRIEF: Gama Aviation in talks to buy Specialist Aviation business

Gama Aviation PLC - Farnborough, England-based aviation services company - Confirms talks to buy business of Specialist Aviation Services Ltd, a UK-based provider of helicopter emergency medical services and aircraft repairs and maintenance services. Discussions are "well advanced" and expected to conclude "within the next few weeks," but Gama Aviation notes that the transaction remains subject to regulatory approvals. Says Specialist Aviation generated GBP24 million in revenue in 2022.

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3 Nov 2023 14:48

Gama Aviation shares up as completes USD131 million sale of Jet East

(Alliance News) - Gama Aviation PLC on Friday confirmed the sale of its US maintenance, repair and operations business Jet East for USD131 million.

Read more
3 Nov 2023 14:41

Gama Aviation sells Jet East for $131m

(Sharecast News) - Gama Aviation announced on Friday that it has completed the sale of its US MRO business, trading as Jet East, for $131m.

Read more
3 Nov 2023 11:51

TRADING UPDATES: Augmentum Fintech makes further investment in Tide

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

Read more
18 Oct 2023 10:47

AIM WINNERS & LOSERS: Gama Aviation eyes returns from Jet East sales

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

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18 Oct 2023 09:48

Gama Aviation shares surge on agreeing to sell Jet East to West Star

(Alliance News) - Gama Aviation PLC shares surged on Wednesday, after it said it agreed to sell its US maintenence, repair and operations business Jet East to West Star Aviation Enterprises LLC.

Read more

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