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Pin to quick picksImage Scan Holdings Share News (IGE)

Share Price Information for Image Scan Holdings (IGE)

London Stock Exchange
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Share Price: 1.35
Bid: 1.20
Ask: 1.50
Change: -0.025 (-1.82%)
Spread: 0.30 (25.00%)
Open: 1.375
High: 1.375
Low: 1.35
Prev. Close: 1.375
IGE Live PriceLast checked at -

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Image Scan Holdings soars despite taking revenue hit

Thu, 25th Apr 2019 09:41

(Sharecast News) - Image Scan Holdings shares leapt on Thursday after the company said it expects to meet full year expectations despite disappointing first-half sales.The AIM traded company, which provides X-ray imaging technology for the security and industrial inspection markets, reported interim revenue of £1.4m for the six months ended 31 March, down 28% compared to the same period last year, while the company swung from a profit before tax of £39,000 to a loss of £178,000.Revenues were behind management expectations, in what Image Scan described as a reflection of "the unpredictable nature of government procurement processes", though activity is expected to increase in the second half of the year as customer decisions are due on several key projects.Image Scan will start the second half of the year with a £1m order book, down from £1.1m at the same point last year, while cash and cash equivalents remained flat at £0.8m at the end of the period.The company said it has a good pipeline of opportunity for its security offering and is expanding its market footprint by adding new partners to its network, while demand among major industrial customers is being driven by tighter emissions control legislation in countries such as India and China.Bill Mawer, chairman and chief executive of Image Scan, said: "The recent decline in the share price is clearly disappointing for all shareholders. Our short-term strategy is a simple one: to take more of our X-ray inspection systems, to more markets, as fast as possible. The entire staff of the company is focused to this activity."Image Scan Holdings' shares were up 13.96% at 1.51p at 0921 BST.
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30 Apr 2024 19:54

EARNINGS AND TRADING: Software Circle & Beximco report higher revenue

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

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29 Apr 2024 12:38

Image Scan Holdings touts x-ray system order worth GBP300,000

(Alliance News) - Image Scan Holdings PLC on Monday celebrated an initial order of GBP300,000, given by an unspecified partner, for a new portable x-ray system.

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29 Apr 2024 10:17

Image Scan gets first order for new ThreatScan system

(Sharecast News) - Security and industrial screening specialist Image Scan announced an initial order worth £0.3m from a partner on Monday, for the supply of 'ThreatScan-AS1' portable x-ray systems as part of a framework contract secured by the partner with a European Ministry of Defence organisation.

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12 Mar 2024 11:36

IN BRIEF: Image Scan launches AI software into AXIS-CXi cabinet X-ray

Image Scan Holdings PLC - Loughborough, England-based x-ray screen system supplier - Launches advanced artificial intelligence software integrated into its AXIS-CXi cabinet X-ray system. Says key features of the AXIS-CXi Cabinet X-ray system with the AI software include the employment of algorithms to identify and analyse potential threats with an "enhanced level of precision and confidence." Adds that the system streamlines mail screening processes, which ensures a rapid examination of incoming mail for any suspicious items.

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28 Feb 2024 18:13

TRADING UPDATES: AB Dynamics trades in line; Verditek sells solar arm

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

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28 Feb 2024 13:19

Image Scan confident despite slower start to year

(Sharecast News) - Security and industrial inspection scanning technology specialist Image Scan said in a trading update on Wednesday that, while it returned to profit in 2023, trading in the current financial year started at a slower pace in terms of sales and order intake.

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28 Feb 2024 10:50

AIM WINNERS & LOSERS: Image Scan falls on slower start to 2024

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

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21 Feb 2024 15:14

UK shareholder meetings calendar - next 7 days

Thursday 22 February 
Bankers Investment Trust PLCAGM
Narf Industries PLCAGM
RWS Holdings PLCAGM
Sunrise Resources PLCAGM
Friday 23 February 
Blencowe Resources PLCAGM
Bluebird Merchant Ventures LtdAGM
Caledonian Trust PLCAGM
Chemring Group PLCAGM
Marble Point Loan Financing LtdEGM
Monday 26 February 
Oncimmune Holdings PLCAGM
Tuesday 27 February 
abrdn Diversified Income & Growth PLCAGM
Asian Energy Impact Trust PLCGM re annual accounts
Custodian Property Income REIT PLCGM re merger with abrdn Property Income Trust Ltd
JPMorgan Mid Cap Investment Trust PLCGM 2nd re merger with JPMorgan Mid Cap
LondonMetric Property PLCGM re merger with LXi REIT Plc
Victorian Plumbing Group PLCAGM
Vinanz LtdAGM
Wednesday 28 February 
abrdn Property Income Trust LtdGM re merger with Custodian Property Income REIT PLC
Beacon Rise Holdings PLCEGM re continued pursuit of an acquisition
Downing Strategic Micro-Cap Investment Trust PLCGM re managed wind-down
Image Scan Holdings PLCAGM
PPHE Hotel Group LtdEGM re waiver of mandatory offer provisions
Verditek PLCGM re disposal of solar business
  
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.

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12 Dec 2023 13:42

Image Scan swings to profit as revenue rises in "tireless" year

(Alliance News) - Image Scan Holdings PLC on Tuesday celebrated "a profitable year" with revenue and earnings increasing, and said it remains confident in its medium and long-term prospects.

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10 Oct 2023 12:01

LONDON MARKET MIDDAY: Stocks push higher as rate rise fears ebb

(Alliance News) - Stock prices in London were sharply higher at midday on Tuesday, buoyed by comments from US Federal Reserve officials indicating that interest rate rises in the world's largest economy may be at an end.

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10 Oct 2023 10:27

Image Scan shares rise thanks to revenue and profit guidance

(Alliance News) - Image Scan Holdings PLC shares rose on Tuesday, after it said it expects revenue to jump 50% in its recent financial year and to swing to a profit.

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10 Oct 2023 09:40

Image Scan expects 'strong' FY sales and profit growth

(Sharecast News) - X-ray screening systems provider Image Scan said on Tuesday that it expects to report "strong sales and profit growth" for the year ended 30 September.

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11 Sep 2023 12:07

IN BRIEF: Image Scan orders reach 30 different countries

Image Scan Holdings PLC - Loughborough, England-based X-ray mining specialist - Says it has so far had orders to over 30 different countries in its financial year ending September 30. Says the orders include its portable security Threatscan. Adds its product Threatscan AS1 has reached double-digit unit orders. Back in April, Image Scan reported an order intake increase of 81% in the six months ended March 31 to GBP1.9 million from GBP1.0 million.

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26 Apr 2023 13:22

Order intake, revenues jump at Image Scan

(Sharecast News) - Security and industrial inspection imaging specialist Image Scan said in its interim results on Wednesday that its previously-reported strong momentum had resulted in an improved performance compared to the same period last year.

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26 Apr 2023 11:58

Image Scan half-year revenue surges 85%; swings to profit

(Alliance News) - Image Scan Holdings PLC shares jumped on Wednesday, after it said it had swung to a half-year profit, as revenue climbed by 85%.

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