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Pin to quick picksGetech Grp Share News (GTC)

Share Price Information for Getech Grp (GTC)

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Share Price: 9.375
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AIM WINNERS & LOSERS: Intercede says 2022 results better than expected

Mon, 23rd Jan 2023 11:32

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

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AIM - WINNERS

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Intercede Group PLC, up 11% at 67.2 pence, 12-month range 38p-80p. The cybersecurity software firm expects revenue in the financial year ending March 31 to be between 5% and 8% ahead of market forecasts, with the firm citing market consensus of GBP11.3 million. As a result, Intercede now expects adjusted earnings before interest, tax, depreciation and amortisation to be "materially ahead" of forecasts of GBP600,000. In financial 2022, the firm brought in revenue of GBP9.9 million, producing operating profit of GBP390,000. "The pipeline of new business continues to grow, and the group has several further contract opportunities that could close before the fiscal year end," Intercede says.

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Getech Group PLC, up 14% at 15.64p, 12-month range 12.05p-33.4p. The geo-energy and green hydrogen company says 2022 revenue is expected ahead of market expectations at GBP5.0 million, compared to GBP4.3 million in 2021. "Getech starts 2023 with a strong balance sheet, sales pipeline growth, plus good customer and partner momentum," the firm say. Also confirms board has "no current plans" for a capital raise from shareholders.

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AIM - LOSERS

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Audioboom Group PLC, down 3.1% at 410.0p, 12-month range 382.0p-2,278.0p. The podcast provider says performance in 2022 was "restricted" by wider global economic headwinds which hit the wider advertising market, despite the period being "on paper..very successful". Annual revenue rises 25% to USD75.5 million from USD60.3 million the year before, and annual adjusted Ebitda rises to a record USD3.6 million, up 16% from USD3.1 million. "The challenging economic conditions in which Audioboom operated during 2022 prevented even stronger financial growth in line with our initial expectations...I am confident that the business...fully primed for further growth as the advertising market improves across 2023," says Chair Michael Tobin.

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By Elizabeth Winter, Alliance News senior markets reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
23 Apr 2024 13:03

Getech inks deal with East Star to locate porphyry copper deposits

(Alliance News) - Getech Group PLC on Tuesday said it has struck a deal with East Star Resources PLC to locate porphyry copper deposits in Kazakhstan.

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23 Apr 2024 11:36

Getech wins new contract with East Star

(Sharecast News) - Subsurface resources location company Getech has won a new contract with Kazakhstan-focussed copper exploration business East Star Resources.

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15 Apr 2024 10:38

Getech wins three contracts to locate natural hydrogen for clients

(Alliance News) - Getech Group PLC on Monday said it has scored three separate contract wins related to the exploration of natural hydrogen.

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15 Apr 2024 10:07

Getech secures three separate contract wins

(Sharecast News) - Subsurface resources locator Getech said on Monday that it had secured three separate contract wins related to the exploration of natural hydrogen.

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15 Apr 2024 10:07

Getech secures three separate contract wins

(Sharecast News) - Subsurface resources locator Getech said on Monday that it had secured three separate contract wins related to the exploration of natural hydrogen.

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21 Mar 2024 19:05

EARNINGS AND TRADING: Getech confident; Aukett Swanke makes buy

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

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21 Mar 2024 10:43

AIM WINNERS & LOSERS: Cap-XX surges as settles agreement with Tesla

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

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29 Feb 2024 19:42

EARNINGS AND TRADING: East Star, Getech strike Kazakhstan JV

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

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7 Feb 2024 10:52

Getech shares rise as acting CEO and acting hair both made permanent

(Alliance News) - Getech Group PLC on Wednesday said it has named Acting Chair Michael Covington as permanent chair and acting Chief Executive Officer Richard Bennett as permanent CEO.

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22 Jan 2024 13:50

Getech sells vacant part of head office for £0.65m

(Sharecast News) - Geotechnical specialist Getech announced the partial sale of its head office on Monday, after consolidating its operations during the Covid-19 pandemic.

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22 Jan 2024 12:50

Getech sells part of head office; looks to move to central Leeds

(Alliance News) - Getech Group PLC on Monday said it has sold part of its head office for GBP650,000, despite the property market remaining "challenging".

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3 Jan 2024 11:57

Getech announces eight new contracts worth £1.8m

(Sharecast News) - Getech announced eight new contracts on Wednesday, valued at a cumulative total of £1.8m.

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3 Jan 2024 10:23

Getech shares soar on eight contract wins for Globe and Data Science

(Alliance News) - Getech Group PLC on Wednesday said it has won eight new contracts worth GBP1.8 million in total.

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3 Jan 2024 10:12

AIM WINNERS & LOSERS: C4X gets Astra payment; Getech wins eight deals

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

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3 Jan 2024 08:58

LONDON MARKET OPEN: Stocks mixed pre-Fed minutes, amid Asia losses

(Alliance News) - Stock prices in London opened mixed on Wednesday, ahead of US Federal Reserve meeting minutes and manufacturing PMI data for the US in the evening and afternoon respectively.

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