Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksInt.biotech. Share News (IBT)

Share Price Information for Int.biotech. (IBT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 634.00
Bid: 630.00
Ask: 634.00
Change: -2.00 (-0.31%)
Spread: 4.00 (0.635%)
Open: 626.00
High: 634.00
Low: 626.00
Prev. Close: 636.00
IBT Live PriceLast checked at -
International Biotechnology is an Investment Trust

To achieve capital growth through investing in high growth, development stage biotechnology companies.

Find out More

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EARNINGS SUMMARY: Vulcan Industries and Wildcat Petroleum narrow loss

Tue, 01st Nov 2022 14:48

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

----------

Bowleven PLC - Africa-focused oil and gas exploration firm focussed on Cameroon - Pretax loss in the financial year that ended June 30 widens to USD2.5 million from USD2.0 million a year prior. Posts no revenue, unchanged. Reports a negative finance & other income of USD108,000, swinging from a gain of USD820,000 a year ago. Looking ahead, firm says it is currently discussing debt and equity issues and hybrid debt instruments to raise more funding during early 2023. Bowleven ends its financial year 2022 with USD1.3 million of cash and a financial investment of USD2.2 million.

----------

International Biotechnology Trust PLC - London-based investment trust managed by SV Health Managers LLP - Net asset value per share at August 31 falls 11% to 697.2 pence from 782.4p a year ago. NAV total return turns to negative 6.9% from positive 9.8% a year prior. Chair Jim Horsburgh announces his retirement at the conclusion of the annual general meeting on December 6 after nine years at the board. New chair will be Kate Cornish-Bowden, who has been on the board since 2020. "With the fundamentals for the biotechnology sector looking attractive, I am optimistic that the company can look to the future with confidence," says outgoing Chair Horsburgh.

----------

Vulcan Industries PLC - London-based engineering services firm - Pretax loss in the half-year that ended September 30 narrows to GBP547,000 from GBP609,000 a year prior. Revenue jumps to GBP1.2 million from GBP491,000. Cost of sales widen to GBP929,000 from GBP436,000. The company believes the planned acquisition of Peregrine X Ltd will help Vulcan become a profitable trading business in the next years. On October 14, Vulcan said it will buy the developer of an analytical tool and algorithms for a total consideration of GBP5.0 million.

----------

Wildcat Petroleum PLC - Uxbridge, England-based company targeting investment opportunities in the upstream sector of the petroleum industry, namely the exploration, appraisal, development and production of oil and gas - Pretax loss in the financial year that ended June 30 narrows to GBP305,744 from GBP459,646 a year prior. Notes that it raised money in its financial fourth quarter "to fund its ongoing and project start-up costs". Further, on Thursday last week firm said it is placing 18.0 million new shares at 1.25 pence each to raise GBP225,000, or net GBP211,970. The placing is for strengthening its balance sheet "in difficult market conditions," Wildcat Chair Mandhir Singh says.

----------

By Tom Budszus; tombudszus@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
20 Apr 2020 16:07

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
26 Feb 2020 16:22

DIRECTOR DEALINGS: International Biotechnology Director Buys Shares

DIRECTOR DEALINGS: International Biotechnology Director Buys Shares

Read more
11 Dec 2019 17:48

International Biotechnology Trust Declares 12.4 Pence Dividend

International Biotechnology Trust Declares 12.4 Pence Dividend

Read more
29 Oct 2019 13:27

International Biotechnology Net Assets Down But Outperforms Benchmark

International Biotechnology Net Assets Down But Outperforms Benchmark

Read more
10 Jul 2019 16:44

International Biotechnology Declares 14 Pence Interim Dividend

(Alliance News) - International Biotechnology Trust PLC said Wednesday it has declared a 14 pence per share second interim dividend for the year to the end of August.The investment company

Read more
25 Apr 2019 15:26

International Biotechnology Trust Sees Mixed Performance In First Half

LONDON (Alliance News) - International Biotechnology Trust PLC said Thursday it saw a mixed performance against its comparative indices in the first half of its financial year, despite a rise in a

Read more
30 Oct 2018 17:36

International Biotechnology Net Asset Value Rises Despite Volatility

LONDON (Alliance News) - International Biotechnology Trust PLC said Tuesday that its annual net asset value per share increased by 8.6% despite market volatility.For the year ended August a

Read more
13 Dec 2016 17:17

Trump Effect Hits Latin American, Gold Funds In November - QuotedData

Read more
4 Nov 2016 08:27

International Biotechnology Shares Drop As Full Year Returns Suffer

Read more
8 Sep 2016 11:18

Crystal Amber Sparkles Among Investment Funds In August - QuotedData

Read more
5 Aug 2016 12:59

Best And Worst Performing London-Listed Funds In July - QuotedData

Read more
9 Jun 2016 14:22

Best And Worst Performing London-Listed Funds In May - QuotedData

Read more
9 Jun 2016 14:20

Biotech And Healthcare Funds Enjoyed Small Rally In May - QuotedData

Read more
18 Apr 2016 10:06

International Biotechnology Says US Election Pressuring Biotech Stocks

Read more
18 Feb 2016 17:47

DIRECTOR DEALINGS: International Biotechnology Non-Exec Ups Stake

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.