Itaconix Plc Share News (ITX)

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".

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.

UK shareholder meetings calendar - next 7 days

Itaconix raises GBP10.3 million to fund new product development

(Alliance News) - Itaconix PLC on Friday said it has conditionally raised about GBP10.3 million through the issue of up to 201.6 million new shares.

IN BRIEF: Itaconix confirms interim non-executive chair permanently

Itaconix PLC - New Hampshire, US-based speciality polymer developer - Confirms Non-Executive Interim Chair Peter Nieuwenhuizen as non-executive chair permanently with immediate effect. Itaconix appointed Nieuwenhuizen as interim chair back in July 2022.

AIM WINNERS & LOSERS: Live Co drops on expectations of annual loss

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

IN BRIEF: Itaconix joins with Brenntag to distribute cleaning polymers

Itaconix - New Hampshire, US-based speciality polymer developer - Announces distribution program with Brenntag North America to promote sustainable cleaning in household, industrial and institutional cleaning applications. Brenntag North America is a subsidiary of Brenntag SE, a chemical and ingredients distribution firm.

TRADING UPDATES: Epwin lifts interim payout; Anpario profit falls

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

IN BRIEF: Itaconix extends global supply agreement with Croda

Itaconix PLC - New Hampshire, US-based speciality polymer developer - Enters global contract with Croda Inc, extending a supply agreement which began in 2017. Under the terms of the new agreement, Itaconix will continue to produce and supply the proprietary Zinador odor neutralizing ingredients for Croda to market and sell globally in home care applications. Says that the new agreement adds a newly formulated product to the collaboration and updates the terms and arrangements for ongoing market developments.

Itaconix shares up as interim revenue to sharply exceed 2021's figure

(Alliance News) - Itaconix PLC on Wednesday said it more than doubled its revenue for the first half of 2022, driven mainly through growth in cleaning application sales.

IN BRIEF: Itaconix appoints interim chair as James Barber steps down

Itaconix PLC - New Hampshire, US-based speciality polymer developer - Hires Peter Nieuwenhuizen as interim chair as Chair James Barber steps down immediately.

AIM WINNERS & LOSERS: Itaconix rises on record revenue performance

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

Itaconix shares rise on record interim revenue, confidence for 2022

(Alliance News) - Shares rose in Itaconix PLC on Friday as the company announced at its annual general meeting a record performance in interim revenue, securing confidence in meeting market expectations for 2022.

IN BRIEF: Itaconix narrows loss in 2021 on one-off gain

Itaconix PLC - New Hampshire, US-based speciality polymer developer - Reports a narrowed loss in 2021, despite lower revenue, thanks to exceptional income. Pretax loss in 2021 narrows to USD448,000 from GBP1.6 million in 2020. Revenue falls 21% to USD2.6 million from USD3.3 million. Loss is slimmer as firm books exceptional income of USD1.6 million versus an exceptional loss of USD339,000 in 2020. Exceptional income is related to revaluation of contingent consideration.

AIM WINNERS & LOSERS: Serinus Energy ahead of schedule in Romania

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