Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksItaconix Plc Share News (ITX)

Share Price Information for Itaconix Plc (ITX)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 157.50
Bid: 150.00
Ask: 165.00
Change: 0.00 (0.00%)
Spread: 15.00 (10.00%)
Open: 157.50
High: 157.50
Low: 157.50
Prev. Close: 157.50
ITX Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK EARNINGS SUMMARY: Itaconix 2019 Loss Narrows On Strong Revenue Rise

Wed, 30th Sep 2020 18:37

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

----------

Itaconix PLC - chemicals company - For 2019, pretax loss narrowed to USD1.4 million from USD10.1 million the year before, on revenue that grew by 46% to USD1.3 million from USD881,000, as a result of increased product demand, cost savings and new orders from customers in Europe.

----------

New Trend Lifestyle Group PLC - Singapore-based Feng Shui products maker - For first half of 2020, pretax loss widens to SGD1.4 million from SGD314,000 the year before, on revenue that fell by 38% to SGD1.9 million from SGD3.1 million, as retail outlets were closed due to lockdown restrictions.

----------

Immupharma PLC - pharmaceutical company - For the first half of 2020, pretax loss narrows to GBP3.1 million from GBP6.7 million the year before, on revenue that dropped to GBP62,207 from GBP77,925.

----------

Echo Energy PLC - Latin American-focused upstream oil and gas firm - For the first half of 2020, pretax loss narrows to USD5.7 million from USD7.9 million, on revenue that more than doubled to USD5.7 million from USD2.7 million, on production that came up to 390,844 barrels of oil equivalent.

----------

Goldstone Resources Ltd - Africa-focused gold resource developer - For the first half of 2020, pretax loss widens to USD292,098 from USD289,951 the year before, despite a fall in administrative expenses. During period, gained formal approval for ten-year mining lease on Akrokeri and Homase licences in Ghana.

----------

Quixant PLC - Cambridge-based technology outsourcer for gaming industry - For first half of 2020, swings to pretax loss of GBP3.0 million from profit of USD3.0 million the year before. On adjusted basis, pretax loss at USD1.4 million from profit of USD3.4 million, on revenue that declined to USD27.9 million from USD41.9 million. Looking ahead, expects return to profitable trading in second half of year.

----------

Aberdeen Standard European Logistics Income PLC - Investment trust - As at June 30, net asset value per share at EUR1.13 compared to EUR1.11 on December 31.

----------

Schroder UK Public Private Trust PLC - investment trust - As at June 30, net asset value per share fell 8.1% to 45.44 pence from 49.46p at the end of December 31.

----------

Trident Royalties PLC - London-based mining royalty firm - For the first half of 2020, pretax loss widens to USD1.1 million from USD138,844 the year before. Looking ahead, commodity markets have continued to strengthen in the third quarter, leading to a positive outlook for the rest of the year.

----------

Hemogenyx Pharmaceuticals PLC - pre-clinical stage biopharmaceutical firm headquartered in London - For the first half of 2020, pretax loss widens to GBP835,189 from GBP706,670 the year before due to rise in administrative costs. Keeps confident outlook due to significant progress on several development fronts, including CDX antibody research.

----------

Immotion Group PLC - immersive entertainment company headquartered in Manchester - For the first half of 2020, pretax loss remains flat at GBP2.6 million, on revenue that dropped to GBP818,000 from GBP1.3 million the year before, due to four months of trading being effectively lost to the Covid-19 lockdown.

----------

India Capital Growth Fund Ltd - investment fund - As at June 30, net asset value per share down 20% to 70.42 pence from 97.02p the same date the year before. Portfolio holds 32 investee companies, as seven holdings were sold and seven new investments were made.

----------

Chesterfield Resources PLC - copper-gold exploration and development company active in Cyprus - For the first half of 2020, pretax loss narrows to GBP257,465 from GBP303,704 the year before. Looking ahead, outlook for copper and gold is robust, as commodities rose following lockdowns.

----------

URU Metals Ltd - exploration and development - For the year to the end of March, pretax loss narrows to USD732,000 from USD2.3 million due to the absence of exceptional charges related to the impairment of group's 50% interest in the Burgersfort project and shares held in Management Resource Solutions PLC.

----------

Edenville Energy PLC - operator of the Rukwa coal project in southwest Tanzania - For 2019, pretax loss widens to GBP1.9 million from GBP1.8 million, as revenue declined to GBP233,414 from GBP337,125. The lack of capital following debt repayments in Tanzania affected the company's ability to increase production to targeted levels.

----------

ADM Energy PLC - natural resources investor with assets in Nigeria - For the first half of 2020, pretax loss widens to GBP975,000 from GBP448,000, due to no revenue being made for period, compared to GBP2.2 million the prior year. Total production from Aje field was 2,126 barrels of oil per day, down from 2,967 bopd.

----------

SEEEN PLC - London-based social media technology firm - For the first half of 2020, pretax loss widens to USD2.0 million from USD219,572 the year before on sharp rise in administrative expenses, despite generating revenue of USD3.7 million. For the third quarter, revenue improved as viewer growth accelerated.

----------

Predator Oil & Gas Holdings PLC - Jersey-based oil and gas company - For the first half of 2020, pretax loss widened to GBP784,156 from GBP512,263 the year before, as no revenue generated. Successfully executed phases one and two of Pilot Enhanced Oil Recovery onshore Trinidad using injected carbon dioxide.

----------

Solo Oil PLC - AIM-listed oil investment company - For the first half of 2020, pretax loss was GBP1.3 million, widened from GBP800,000. During period, did not proceed with acquisition of offshore Netherlands assets from ONE Dyas. Is continuing to screen acquisition opportunities.

----------

Triple Point Social Housing REIT PLC - London-based real estate investment trust - As at June 30, net asset value per share is up at 105.34 pence from 103.96p the year before. For the six month-period, annualised rental income rose to GBP28.0 million from GBP21.1 million. However, pretax profit dropped to GBP9.0 million from GBP9.9 million. Dividend per share up at 2.59 pence from 2.54p. Plans to raise GBP70 million through a placing, open offer and subscription of shares at price of 106 pence each.

----------

Open Orphan PLC - pharmaceutical services company - For the first half of 2020, pretax loss widens to GBP6.8 million from GBP1.1 million, despite generating revenue of GBP7.1 million.

----------

Provexis PLC - health food ingredient maker - For the year to the end of March, pretax loss narrows to GBP424,465 from GBP533,375, on revenue that rose by 8% to GBP347,937 from GBP322,189 the year before, through high product sales.

----------

SIMEC Atlantis Energy Ltd - London-based developer of renewable and sustainable energy projects - For the first half of 2020, pretax loss narrows to GBP6.2 million from GBP12.4 million the year before, as revenue rose sharply to GBP7.9 million from GBP2.0 million, from contributions generated by the Atlantis tidal turbine and engineering services division.

----------

Trafalgar Property Group PLC - residential homes developer based in Kent - For the year to the end of March, pretax loss narrows to GBP1.0 million from GBP2.3 million, due to a smaller writing off of assets. Revenue dipped to GBP2.0 million from GBP2.1 million, reflecting the sale of two assets, compared to five assets the prior year.

----------

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
29 Apr 2024 13:59

Itaconix launches two new plant-based ingredients for detergents

(Alliance News) - Itaconix PLC on Monday said it has launched two new ingredients for household detergent formulations.

Read more
29 Apr 2024 10:50

Itaconix launches two new ingredients

(Sharecast News) - Plant-based polymer specialist Itaconix announced two new ingredients on Monday, designed to enhance the performance of household detergent formulations.

Read more
15 Apr 2024 11:49

EARNINGS: Mobeus VCT has good 2023; Itaconix, Engage XR narrow losses

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

Read more
8 Apr 2024 14:26

UK earnings, trading statements calendar - next 7 days

Tuesday 9 April 
Alliance Pharma PLCFull Year Results
Animalcare Group PLCFull Year Results
hVIVO PLCFull Year Results
Imperial Brands PLCTrading Statement
JTC PLCFull Year Results
S&U PLCFull Year Results
Ultimate Products PLCHalf Year Results
Venture Life Group PLCFull Year Results
Wednesday 10 April 
Churchill China PLCFull Year Results
Epwin Group PLCFull Year Results
Futura Medical PLCFull Year Results
IQE PLCFull Year Results
M&C Saatchi PLCFull Year Results
Marshalls PLCFull Year Results
Tesco PLCFull Year Results
Thursday 11 April 
Downing Renewables & Infrastructure Trust PLCFull Year Results
Norcros PLCTrading Statement
Friday 12 April 
SigmaRoc PLCTrading Statement
Monday 15 April 
Ashmore Group PLCTrading Statement
Engage XR Holdings PLCFull Year Results
Itaconix PLCFull Year Results
  
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.

Read more
2 Apr 2024 10:25

Itaconix sees financial hit as fails to seal deal with major client

(Alliance News) - Itaconix PLC on Tuesday warned sales and adjusted earnings would be below management's previous expectations after it failed to agree terms with an existing customer.

Read more
27 Feb 2024 11:58

Itaconix shares soar as hails record annual revenue growth

(Alliance News) - Itaconix PLC on Tuesday said customer wins contributed to a jump in its annual revenue.

Read more
27 Feb 2024 10:58

AIM WINNERS & LOSERS: Itim jumps on multi-million pound Quiz contract

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

Read more
27 Feb 2024 10:09

Itaconix achieves 'another record year of revenues'

(Sharecast News) - Plant-based polymers manufacturer Itaconix said on Tuesday that it had achieved "another record year of revenues" in 2023, sending shares skyward in early trading.

Read more
7 Dec 2023 18:18

IN BRIEF: Itaconix forecasts 2023 revenue growth as margins improve

Itaconix PLC - London-based company that uses its plant-based polymer technology platform to produce and sell specialty ingredients that improve the safety, performance, and sustainability of consumer products - Reports that year-to-date revenue in 2023 is ahead of the same period in 2022. Revenue for the full-year is expected to be at least USD7.7 million, with 2023 earnings expected to be in line with current market expectations. Also says gross profit margins have improved, supported by higher volumes from smaller accounts and beauty products.  Looking ahead, notes that revenue expectations are revised to USD9.5 million or more for 2024 and USD12.5 million or more for 2025, with no change to earnings expectations. In 2022, Itaconix reported revenue of USD5.6 million.

Read more
12 Sep 2023 14:18

Itaconix eyes progress as interim loss narrows and revenue climbs

(Alliance News) - Itaconix PLC on Tuesday emphasised that it is on a path of progress as it reported a narrowed interim loss and higher revenue.

Read more
5 Sep 2023 15:47

UK earnings, trading statements calendar - next 7 days

Wednesday 6 September 
Apax Global Alpha LtdHalf Year Results
Ashmore Group PLCFull Year Results
Bakkavor Group PLCHalf Year Results
Barratt Developments PLCFull Year Results
Darktrace PLCFull Year Results
Gateley Holdings PLCFull Year Results
Halfords Group PLCTrading Statement
Hochschild Mining PLCHalf Year Results
M Winkworth PLCHalf Year Results
Malin Corp PLCHalf Year Results
Nexteq PLCHalf Year Results
Oxford Nanopore Technologies PLCHalf Year Results
Restaurant Group PLCHalf Year Results
WH Smith PLCTrading Statement
Thursday 7 September 
Angle PLCHalf Year Results
Beazley PLCHalf Year Results
Cairn Homes PLCHalf Year Results
Currys PLCTrading Statement
Direct Line Insurance Group PLCHalf Year Results
Energean PLCHalf Year Results
Funding Circle Holdings PLCHalf Year Results
Genus PLCFull Year Results
Hilton Food Group PLCHalf Year Results
Inspecs Group PLCHalf Year Results
International Public Partnerships LtdHalf Year Results
Lords Group Trading PLCHalf Year Results
Melrose Industries PLCHalf Year Results
Mpac Group PLCHalf Year Results
Playtech PLCHalf Year Results
Polarean Imaging PLCHalf Year Results
Safestore Holdings PLCTrading Statement
Synthomer PLCHalf Year Results
WAG Payment Solutions PLCHalf Year Results
Friday 8 September 
Berkeley Group Holdings PLCTrading Statement
Byotrol PLCFull Year Results
Computacenter PLCHalf Year Results
EJF Investments LtdHalf Year Results
Petershill Partners PLCHalf Year Results
Monday 11 September 
Engage XR Holdings PLCHalf Year Results
Inspired PLCHalf Year Results
MP Evans Group PLCHalf Year Results
Vistry Group PLCHalf Year Results
Tuesday 12 September 
Associated British Foods PLCTrading Statement
Cornerstone FS PLCHalf Year Results
Creo Medical Group PLCHalf Year Results
Digital 9 Infrastructure PLCHalf Year Results
Dowlais Group PLCHalf Year Results
Eleco PLCHalf Year Results
Equals Group PLCHalf Year Results
Feedback PLCFull Year Results
Fevertree Drinks PLCHalf Year Results
Gym Group PLCHalf Year Results
Harworth Group PLCHalf Year Results
hVIVO PLCHalf Year Results
IQE PLCHalf Year Results
Itaconix PLCHalf Year Results
JTC PLCHalf Year Results
Keywords Studios PLCHalf Year Results
Mattioli Woods PLCFull Year Results
Petra Diamonds LtdFull Year Results
Property Franchise Group PLCHalf Year Results
Regional REIT LtdHalf Year Results
Smart Metering Systems PLCHalf Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
12 Jul 2023 10:19

IN BRIEF: Itaconix shares up on record first-half revenue performance

Itaconix PLC - London-based company that uses its plant-based polymer technology platform to produce and sell specialty ingredients that improve the safety, performance, and sustainability of consumer products - Achieves "record" revenue in the first half of 2023 at USD4.0 million. This represents 32% growth against the first half of 2022 and 58% growth against the second half of 2022. Adds that 2023 first-half revenue is 72% of full-year revenue for 2022 and more than double full-year revenue for 2021. Overall gross profit margin for the first half exceeds that of the whole of 2022 due to higher product volumes and more stable raw material costs, the company says.

Read more
21 Jun 2023 15:43

UK shareholder meetings calendar - next 7 days

Thursday 22 June 
Alphawave IP Group PLCAGM
Angling Direct PLCAGM
Anglo Asian Mining PLCAGM
boohoo Group PLCAGM
Braime Group PLCAGM
Card Factory PLCAGM
Ergomed PLCAGM
Falcon Oil & Gas LtdAGM
Futura Medical PLCAGM
Good Energy Group PLCAGM
Grand Vision Media Holdings PLCAGM
Longboat Energy PLCAGM
MaxRets Ventures PLCAGM
Pathfinder Minerals PLCAGM
RBG Holdings PLCAGM
Robinson PLCAGM
Sanderson Design Group PLCAGM
Team17 Group PLCAGM
Trellus Health PLCAGM
Whitbread PLCAGM
Friday 23 June 
Cadogan Petroleum PLCAGM
Mears Group PLCAGM
Non-Standard Finance PLCAGM
Ocean Harvest Technology Group PLCAGM
Oxford Biomedica PLCAGM
Pelatro PLCAGM
Petrofac LtdAGM
Princess Private Equity Holding LtdAGM
Rathbones Group PLCGM re agreement regarding all-share combination with Invested Wealth & Investment Ltd
Supply@Me Capital PLCGM re open offer warrant holders
Vietnam Enterprise Investments LtdAGM
VPC Specialty Lending Investments PLCAGM
Monday 26 June 
Aterian PLCAGM
Capricorn Energy PLCAGM
Corre Energy BVAGM
Facilities by ADF PLCAGM
Lexington Gold LtdSGM re proposed acquisition of White Rivers Exploration Ltd
LifeSafe Holdings PLCAGM
Premier African Minerals LtdAGM
Vast Resources PLCGM re issuing new share capital
Volvere PLCAGM
Tuesday 27 June 
Acuity RM Group PLCAGM
Comptoir Group PLCAGM
Creo Medical Group PLCAGM
First Tin PLCAGM
Forward Partners Group PLCAGM
Galantas Gold CorpAGM
Gemfields Group LtdAGM
Golden Prospect Precious Metals LtdAGM
Hamak Gold LtdAGM
ICG Enterprise Trust PLCAGM
Impellam Group PLCAGM
India Capital Growth Fund LtdAGM
Inspiration Healthcare Group PLCAGM
Instem PLCAGM
JD Sports Fashion PLCAGM
Kingfisher PLCAGM
Mercantile Ports & Logistics LtdGM re equity fundraising
Mobile Tornado Group PLCAGM
Revolution Beauty Group PLCAGM
Scottish Mortgage Investment Trust PLCAGM
Serabi Gold PLCAGM
Sondrel Holdings PLCAGM
Surface Transforms PLCAGM
Surgical Innovations Group PLCAGM
Trinity Exploration & Production PLCAGM
Wednesday 28 June 
Atalaya Mining PLCAGM
Avacta Group PLCAGM
Boku IncAGM
Cambridge Cognition Holdings PLCAGM
Cizzle Biotechnology Holdings PLCAGM
Cobra Resources PLCAGM
Cora Gold LtdAGM
Dial Square Investments PLCAGM
Itaconix PLCAGM
NB Distressed Debt Investment Fund LtdAGM
Panthera Resources PLCGM re directors’ authority to allot shares
Phoenix Spree Deutschland LtdAGM
Pineapple Power Corp PLCAGM
Polarean Imaging PLCAGM
RA International Group PLCAGM
Schroder European Real Estate Investment Trust PLCAGM
Shield Therapeutics PLCAGM
St Mark Homes PLCAGM
Star Phoenix Group LtdAGM
ValiRx PLCAGM
Velocys PLCAGM
Vertu Motors PLCAGM
Warpaint London PLCAGM
Westminster Group PLCAGM
Zenova Group PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
5 Jun 2023 09:37

IN BRIEF: Itaconix annual loss widens as costs rise; revenue jumps

Itaconix PLC - New Hampshire, US-based speciality polymer developer - Posts revenue of USD5.6 million for 2022, up from USD2.6 million in 2021. Says the rise in revenue is driven by success in the cleaning segment in North America and Europe. However, pretax loss widens to USD2.5 million from just USD448,000 a year earlier, as cost of sales grows just as rapidly to USD4.1 million from USD1.9 million and administrative expenses rise to USD3.8 million from USD2.9 million. Adjusted loss before interest, tax, depreciation and amortisation is USD1.4 million, narrowed from USD1.6 million the year earlier. Looking ahead, Itaconix says it approaches the future with more commercial progress, resources, potential, and "more optimism than ever before".

Read more
22 Feb 2023 14:16

Itaconix raises GBP10.5 million to fund new product development

(Alliance News) - Itaconix PLC on Wednesday said it has raised GBP10.5 million through a share placing, subscription and open offer.

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.