The next focusIR Investor Webinar takes place tomorrow with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksIGAS.L Share News (IGAS)

  • There is currently no data for IGAS

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EARNINGS UPDATES: Microlise and Gattaca swing to annual profit

Thu, 30th Mar 2023 14:46

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

---------

Tasty PLC - London-based casual dining restaurant operator - Posts revenue of GBP44.0 million for 2022, up 26% from GBP34.9 million in 2021. Swings to pretax loss of GBP6.4 million from a profit of GBP1.2 million. Adjusted earnings before interest, tax, depreciation and amortisation amounts to GBP2.6 million, down from GBP8.0 million in 2021. Declares no dividend for 2022, unchanged from a year prior. Looking ahead, says performance to date is ahead of management expectations. Expects customers to continue to show their loyalty towards its brands - dim t and Wildwood restaurants - and believes "new marketing initiatives and websites will help grow a wider customer base".

----------

Gattaca PLC - Whiteley, England-based recruitment services provider - Reports revenue of GBP194.7 million for the six months ended on January 31, down from GBP202.2 million they year before. Net fee income amounts to GBP22.7 million, up from GBP21.6 million the year before. Says it increases sales productivity due to enhanced group wide management information. Swings to a pretax profit of GBP792,000 from a loss of GBP2.5 million, as profit from continuing operations amounts to GBP611,000, swung from a loss of GBP2.5 million a year before. Looking ahead, Gattaca says it is on track to be a stronger business.

----------

Microlise Group PLC - Nottingham, England-based provider of software-as-a-service transport technology solutions to fleet operators - Reports revenue of GBP63.2 million for 2022, up from GBP60.3 million in 2021. Swings to pretax profit of GBP1.4 million from a loss of GBP800,000, as gross profit rises to GBP37.6 million from GBP34.5 million a year earlier. Recurring revenue rises by 10% to GBP40.5 million from GBP36.7 million. Looking ahead, notes a positive start to the year together with pipeline giving the board confidence in delivering full-year numbers.

----------

IGas Energy PLC - London-based onshore energy company - Posts revenue of GBP59.2 million for 2022, up from GBP37.9 million in 2021. Pretax loss, however, widens to GBP18.4 million from GBP12.3 million. IGas books an oil and gas assets impairment of GBP10.5 million in 2022, compared to none a year earlier. Adjusted earnings before interest, tax, depreciation and amortisation amount to GBP21.1 million, up significantly from GBP5.9 million. Net production averages 1,898 barrels of oil equivalent for the year, impacted by in the first half by "equipment failure caused by supply chain issues, which was subsequently resolved". Expects net production to be about 2,000 boepd in 2023.

----------

By Xindi Wei, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
25 May 2016 09:50

WINNERS & LOSERS SUMMARY: Sweett Group Soars On Canadian Takeover

Read more
25 May 2016 08:21

Igas Energy Says Production On Track And New Projects Being Developed

Read more
24 May 2016 14:55

AIM oil and gas explorers surge on Yorkshire fracking decision

(ShareCast News) - UK onshore oil and gas explorers IGas Energy and Egdon Resources were among those celebrating the approval granted to a fracking project in Yorkshire late on Monday. Councillors in North Yorkshire voted to back plans by privately owned Third Energy, said to be the first scheme to

Read more
24 May 2016 10:38

Britain could see first fracked gas this year after permit approval

LONDON, May 24 (Reuters) - Britain's first fracked shale gas could flow this year after local government officials in northern England approved Third Energy's plans late on Monday to carry out fracking at an existing well. Councillors in North Yorkshire voted in favour of the project on Mon

Read more
18 May 2016 15:05

AGM, EGM Calendar - Week Ahead

Read more
16 Mar 2016 10:42

IGas Energy revenue more than halves

(ShareCast News) - AIM-listed oil and gas exploration and development company IGas Energy said earnings slipped as revenue in the nine months to the end of December more than halved. Revenue fell to £25.1m from £58.2m for the year to the end of March as earnings before interest, taxes, depreciation

Read more
16 Mar 2016 10:12

IGas Energy Firmly Enters The Red As Revenue More Than Halves

Read more
12 Jan 2016 09:59

BROKER RATINGS SUMMARY: Jefferies Boosts Berkeley And Barratt To Buy

Read more
17 Dec 2015 14:32

2nd UPDATE: UK Begins Fracking Push As New Onshore Licences Awarded

Read more
17 Dec 2015 14:08

UPDATE: UK Begins Fracking Push As New Onshore Licences Are Awarded

Read more
17 Dec 2015 13:15

UPDATE 1-Britain awards more shale gas licences

* Britain awards total of 159 new onshore oil, gas licences * IGas, Egdon Resources, Cuadrilla among licence winners * INEOS says is now UK's largest shale gas developer by acreage (Updates throughout) By Karolin Schaps LONDON, Dec 17 (Reuters) - Britain awarded another

Read more
16 Dec 2015 15:47

UK to allow shale gas fracking beneath national parks

LONDON, Dec 16 (Reuters) - British lawmakers on Wednesday voted in favour of the use of fracking to extract shale gas under national parks, weakening a decision against fracking in national parks made earlier this year and giving shale gas explorers access to more resources. Britain is esti

Read more
27 Nov 2015 17:11

DIRECTOR DEALINGS SUMMARY: IGas CFO Buys Shares After Swing To Loss

Read more
27 Nov 2015 09:47

DIRECTOR DEALINGS: IGas Energy's New Finance Chief Buys First Shares

Read more
25 Nov 2015 09:03

IGas Energy Swings To Big Loss As World Oil Price Decline Hits Hard

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.