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Share Price Information for Inc&gwth Vct (IGV)

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Share Price: 70.00
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TRADING UPDATE: Insig AI pretax loss widens; Feedback revenue to jump

Mon, 19th Dec 2022 14:53

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

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Insig AI PLC - London-based data science and machine learning company - Pretax loss in the six months that ended September 30 widens to GBP2.8 million from a loss of GBP844,194 a year before. Revenue grows 6.5% to GBP953,563 from GBP895,750 the prior-year. Operating loss widens to GBP2.6 million from GBP458,320 after charging depreciation and amortisation of GBP1.4 million. Chief Executive Colm McVeig says: "Despite an increasingly difficult macroeconomic backdrop and with us taking a cautious approach, we anticipate growing revenues throughout 2023."

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Feedback PLC - London-based medical imaging software company - Says trading in the six months to November 30 was in line with board and market expectations. Revenue for the period is expected to multiply to GBP600,000 from GBP200,000 a year before. Cash and cash equivalents are expected to drop by 19% to GBP9.2 million from GBP11.4 million the prior-year. Company says it continues to discuss contracts with potential partners across NHS Trusts and Community Diagnostic Centres, and is working on pilot programmes in India. Feedback remains confident in continued growth for the remainder of the financial year.

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The Income & Growth VCT PLC - London-based venture capital trust - Net asset value total return in the year ended September 30 falls by 8.7%, compared to a gain of 51% a year before. Says this comprised of unrealised falls in the value of investments still held, tempered by the successful exits from Media Business Insight and Vian Marketing Ltd. NAV per share was down to 83.73 pence at September 30, from 100.45p a year ago. Declares two interim dividends of 4.00p per share, totalling 8.00p. Dividends received in the year were up to GBP1.2 million from GBP690,000 the prior-year.

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Thruvision Group PLC - Abingdon, England-based people-screening technology firm - Pretax loss in the six months that ended September 30 narrows to GBP1.9 million from a loss of GBP2.0 million a year before. Revenue jumps 41% to GBP2.8 million from GBP2.0 million the prior-year. Profit Protection product revenue was unchanged at GBP1.0 million. Chief Executive Colin Evans says: "With our unique offering and the traction we have gained in our two core markets, Customs and Profit Protection, we expect to deliver strong growth and achieve our objective of breaking even this financial year."

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By Jaskeet Briah, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2022 Alliance News Ltd. All Rights Reserved.

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28 Feb 2024 16:24

Mobeus Income & Growth VCTs and Income & Growth VCT discuss mergers

(Alliance News) - The boards of Mobeus Income & Growth VCT PLC, Mobeus Income & Growth 2 VCT PLC, Mobeus Income & Growth 4 VCT PLC and Income & Growth VCT PLC have entered discussions on merging the four companies into two.

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27 Feb 2024 19:21

EARNINGS AND TRADING: Synectics profit jumps; Webis loss widens

(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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15 Jan 2024 14:20

Income & Growth VCT hikes payout as net asset value continues to fall

(Alliance News) - Income & Growth VCT PLC on Monday reported a decline in net asset value, but increased its dividend as it expected challenges to remain.

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14 Jun 2023 13:16

Income & Growth VCT net assets fall, warns all sectors "vulnerable"

(Alliance News) - Income & Growth VCT PLC on Wednesday said net asset value per share fell over six months, while it cautioned that it expects all sectors to be "vulnerable" to tough market conditions.

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27 Mar 2023 15:32

Mobeus Income & Growth VCTs realise gain from Tharstern investment

(Alliance News) - Four London-listed venture capital trusts on Monday said they have sold their investments in Tharstern Group Ltd.

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22 Feb 2023 16:47

Income & Growth VCT net asset value falls 5.1% in quarter to December

(Alliance News) - Income & Growth VCT PLC reported on Wednesday a 5.1% decline in net asset value in the quarter to December 31 compared with the end of the previous quarter.

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5 Dec 2022 21:40

TRADING UPDATES: Sancus returns GBP1.6 million; Versarien's UK loan

(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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14 Sep 2022 17:59

IN BRIEF: Mobeus VCTs confirm maximum amount for subscription offers

Mobeus VCTs - London Main Market-listed venture capital trusts - Mobeus Income & Growth VCT PLC to raise GBP14 million through new offer for subscription, with over-allotment facility of GBP8 million.

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15 Aug 2022 15:19

IN BRIEF: Mobeus VCTs confirm intent to launch subscription offers

Mobeus VCTs - London Main Market-listed venture capital trusts - Mobeus Income & Growth VCT PLC, Mobeus Income & Growth 2 VCT PLC, Mobeus Income & Growth 4 VCT PLC, and Income & Growth VCT PLC announce intent to launch offers for subscription for new shares in the current 2022/23 tax year.

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13 Jun 2022 14:23

Mobeus Income & Growth VCTs sell investments in Media Business Insight

(Alliance News) - Four London-listed venture capital trusts on Monday have received proceeds from the sale of their investments in Media Business Insight Holdings Ltd.

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25 May 2022 14:49

IN BRIEF: Income & Growth VCT posts lower net asset value in half-year

Income & Growth VCT PLC - London-based venture capital trust - Posts lower half-year net asset value while portfolio value rises. Net asset value per share falls to 98.79 pence at March 31 from 100.45p at September 30. Portfolio value however rises to GBP89.4 million at March 31 from GBP88.2 million at October 1. Firm declares an interim dividend of 4.00p per share for the year ending September 30, bringing the cumulative dividends paid to 144.50p per share. In the last financial year, firm paid out a total dividend of 9.00p.

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25 Feb 2022 19:06

TRADING UPDATES: Tekmar posts loss, raises GBP4 million in placing

(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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16 Feb 2022 16:19

UK shareholder meetings calendar - next 7 days

Thursday 17 February 
Chrysalis Investments LtdAGM
Highway Capital PLCAGM
Oilex LtdGM re placing
Virgin Money UK PLCAGM
Watkin Jones PLCAGM
Friday 18 February  
Helical PLCGM
SimiGon PLCGM re merger with Maxify, Power Breezer
Monday 21 February 
Sivota PLCGM re acquisition of Apester
Tuesday 22 February 
Aberdeen Diversified Income & Growth Trust PLCAGM
Montanaro European Smaller Cos Trust PLCGM share issue
Wednesday 23 February 
Blencowe Resources PLCAGM
Gooch & Housego PLCAGM
Income & Growth VCT PLCGM re share subscription
Mobeus Income & Growth 2 VCT PLCGM re share subscription
Mobeus Income & Growth 4 VCT PLCGM re share subscription
Mobeus Income & Growth VCT PLCGM re share subscription
RWS Holdings PLCAGM
Tharisa PLCAGM
Titon Holdings PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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20 Jan 2022 14:35

Mobeus Income & Growth VCTs to raise GBP35 million in total

Mobeus Income & Growth VCTs to raise GBP35 million in total

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