If you would like to ask our webinar guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksIxico Share News (IXI)

Share Price Information for Ixico (IXI)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 7.375
Bid: 7.25
Ask: 7.50
Change: -0.25 (-3.28%)
Spread: 0.25 (3.448%)
Open: 7.625
High: 7.625
Low: 7.375
Prev. Close: 7.625
IXI Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EARNINGS AND TRADING: Barkby revenue dips; Ixico hurt by trial delays

Fri, 29th Sep 2023 14:19

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

----------

Zanaga Iron Ore Co Ltd - Republic of Congo-focused iron ore exploration and development company - Reports a pretax loss of USD350,000 in the first half of 2023, narrowed from USD526,000 the previous year. Chair Clifford Elphick notes that during the half-year, the company launched a process with an unnamed Chinese iron ore technical expert engineering firm to secure Chinese contractor pricing and to update the cost estimates of the 30 million tonnes per year feasibility study, while also considering the application of new iron ore processing technology to reduce estimated costs further. Looks forward to concluding the process by the year-end. Adds that following the full ownership of the Zanaga project it is now engaging with entities interested in participating in the project. Intends on securing a selected partner by the end of the first quarter of 2024.

----------

Barkby Group PLC - Abingdon, England-based investor in roadside property and in consumer and life sciences companies - Says revenue for the financial year ended June 30 plunges to GBP30,000 from GBP10.3 million a year prior. Loss from continuing operations before tax narrows to GBP2.1 million from GBP5.6 million the year before. Notes "good progress" regarding reorganisation of the company. Executive Chair Charles Dickson says: "Since the beginning of 2023, we have built a significant pipeline of high-quality modern sustainable roadside real estate developments which will comprise drive-thrus, trade counters, last mile logistics, convenience food, [electric vehicle] charging hubs and light industrial commercial uses. Continues to explore funding options to implement its strategy.

----------

MetalNRG PLC - London-based natural resources and energy-focused investor - Reports an operating loss before tax of GBP543,267 in the first half of 2023, narrowed from a loss of GBP999,949 a year prior, as administrative expenses are reduced by 46%. Says that, having addressed most of its legal issues, it can now concentrate on operational matters. Says there are only two legal processes outstanding currently. Adds that its strategic business review has been completed. Confirms its decision to concentrate growth and value creation efforts on the mining sector. "The initial focus will include gold and copper projects, alongside other precious and strategic metals, which face high demand due to global macroeconomic, energy transition, and technology trends," MetalNRG says. Adds that it has also identified a number of potential reverse takeover targets. Also announced on Thursday it will seek a dual listing on the Toronto Stock Exchange following a strategic business review, and will also seek to exit from the Eqtec Italia investment, as it is considered non-core.

----------

Keras Resources PLC - Surrey, England-based mine developer focused on West Africa and the US - Pretax loss in the first half of the year narrows to GBP255,000 from GBP467,000 a year prior as revenue rises by 87% to GBP397,000 from GBP212,000 the year before. This is attributed to a 58% reduction in the cost of production to GBP44,000. Looking ahead, remains "very positive" about the future of Diamond Creek mine in the US state of Utah and the fertiliser market macro-economic conditions that underpin its future. Chair Russell Lamming says: "We are mining an essential resource that can create value, be part of the greener economy and contribute to a more sustainable future. As a mining company we remain ever conscious of our obligations and commitments in line with best environmental, social and governance practice and will continue to take the initiative within this area."

----------

Ixico PLC - London-based precision analytics company delivering insights in neuroscience to help transform the advancement of investigational therapies for neurological diseases - Expects revenue for the financial year ending September 30 to fall 24% to GBP6.5 million from GBP8.6 million the year before, mainly reflected by the final year impact of the early cessation of large client trials, as well as delays in client trial initiations. Expects order book for financial 2023 to have grown to at least GBP14.5 million from GBP13.3 million a year prior. Anticipates full-year earnings before interest, tax, depreciation and amortisation to improve on current expectations of a GBP1.0 million loss, compared to a GBP1.5 million Ebitda profit in financial 2022. Chief Executive Officer Giulio Cerroni says: "I am proud of Ixico's achievements reflected by the strengthening of the orderbook since the half year. Given the significant and growing unmet need for new therapies across a wide range of neurological diseases, I remain confident of the runway for growth for Ixico's specialist neuroimaging services, underpinned by the increasing inclusion of imaging biomarkers in neurodegeneration clinical trials."

----------

MS International PLC - Doncaster, England based defence equipment manufacturer - Says South Carolina-based subsidiary MSI-Defence Systems US LLC receives a USD23.5 million contract from the US Navy for the supply of MSI-DS 30mm gun mounts. Says delivery of equipment is scheduled for no later than December 18, 2024.

----------

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
14 Jun 2023 08:42

Ixico wins Huntington's disease contract worth GBP2 million

(Alliance News) - Ixico PLC on Wednesday said that it has signed a contract with an existing client to provide imaging services for the extension study of their Huntington's disease Ph2b trial.

Read more
23 May 2023 09:25

Ixico shares drop as firm swings to interim loss on cancelled trials

(Alliance News) - Ixico PLC on Tuesday bemoaned the impact of cancelled clinical trials, as it swung to a loss over its first half.

Read more
16 May 2023 15:51

UK earnings, trading statements calendar - next 7 days

Wednesday 17 May 
Auction Technology Group PLCHalf Year Results
Aurrigo International PLCFull Year Results
Bank of Georgia Group PLCQ1 Results
British Land Co PLCFull Year Results
Coats Group PLCTrading Statement
Experian PLCFull Year Results
JD Sports Fashion PLCFull Year Results
Jersey Electricity PLCHalf Year Results
Keller Group PLCTrading Statement
Mitchells & Butlers PLCHalf Year Results
Ninety One PLC and LtdFull Year Results
Redx Pharma PLCHalf Year Results
Sage Group PLCHalf Year Results
Scottish Mortgage Investment Trust PLCFull Year Results
TP ICAP Group PLCQ1 Results
Watches of Switzerland Group PLCTrading Statement
Thursday 18 May 
Brighton Pier Group PLCFull Year Results
BT Group PLCFull Year Results
Burberry Group PLCFull Year Results
ConvaTec Group PLCTrading Statement
easyJet PLCHalf Year Results
Energean PLCTrading Statement
Future PLCHalf Year Results
Helios Towers PLCQ1 Results
International Distributions Services PLCFull Year Results
Investec PLC and LtdFull Year Results
National Grid PLCFull Year Results
Nexus Infrastructure PLCHalf Year Results
Premier Foods PLCFull Year Results
Premier Miton Group PLCFull Year Results
TheWorks.co.uk PLCTrading Statement
Tritax EuroBox PLCHalf Year Results
Tyman PLCTrading Statement
Vesuvius PLCTrading Statement
Friday 19 May 
IQE PLCFull Year Results
Knights Group Holdings PLCTrading Statement
Smiths Group PLCQ3 Results
Titon Holdings PLCHalf Year Results
Tharisa PLCHalf Year Results
Monday 22 May 
Big Yellow Group PLCFull Year Results
Chrysalis Investments LtdTrading Statement
Henderson European Focus Trust PLCHalf Year Results
Kainos Group PLCFull Year Results
Pershing Square Holdings LtdQ1 Results
Ryanair Holdings PLCFull Year Results
Schroder Oriental Income Fund LtdHalf Year Results
Wincanton PLCFull Year Results
Tuesday 23 May 
Assura PLCFull Year Results
Avon Protection PLCHalf Year Results
Benchmark Holdings PLCHalf Year Results
Bytes Technology Group PLCFull Year Results
Caledonian Trust PLCFull Year Results
Calnex Solutions PLCFull Year Results
Cranswick PLCFull Year Results
Engage XR Holdings PLCFull Year Results
FD Technologies PLCFull Year Results
Forterra PLCFull Year Results
Harworth Group PLCTrading Statement
Helical PLCFull Year Results
Hilton Food Group PLCTrading Statement
Ixico PLCHalf Year Results
JPMorgan China Growth & Income PLCHalf Year Results
Kier Group PLCTrading Statement
Pebble Group PLCFull Year Results
Princess Private Equity Holding LtdQ1 Results
Residential Secure Income PLCHalf Year Results
RS Group PLCFull Year Results
Schroder AsiaPacific Fund PLCHalf Year Results
Seraphim Space Investment Trust PLCQ1 Results
SSP Group PLCHalf Year Results
Topps Tiles PLCHalf Year Results
Trellus Health PLCFull Year Results
Victorian Plumbing Group PLCHalf Year Results
Watkin Jones PLCHalf Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
10 May 2023 14:12

Ixico remains positive despite expected swing to interim loss

(Alliance News) - Ixico PLC on Wednesday said it expects to swing to an interim loss, following some legacy issues dating back to 2021.

Read more
10 May 2023 12:36

Ixico set to report first-half loss as legacy issues unwind

(Sharecast News) - Medical imaging analytics specialist Ixico reported first-half revenue of £3.2m in a trading update on Wednesday, down from £3.9m in the first six months of the 2022 financial year.

Read more
3 Apr 2023 15:13

Ixico extends Huntington's consortium with GBP1 million contracts

(Alliance News) - Ixico PLC on Monday said that it has secured additional contracts worth GBP1 million to extend its Huntington's disease consortium.

Read more
10 Mar 2023 10:42

AIM WINNERS & LOSERS: Versarien shares plunge as CEO resigns

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

Read more
10 Mar 2023 10:20

Ixico wins contract to provide MRI services for dementia trial

(Alliance News) - Ixico PLC on Friday said it has won a contract worth GBP700,000, from a biotech company, and new client, to provide MRI imaging services for a dementia treatment trial.

Read more
10 Mar 2023 08:43

Ixico wins £700,000 contract with biotech company

(Sharecast News) - Clinical research firm Ixico has won a contract to provide MRI imaging services for patient selection and efficacy analysis in patients with a rare form of dementia.

Read more
7 Feb 2023 10:33

AIM WINNERS & LOSERS: Zinc Media to outperform market expectations

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

Read more
7 Feb 2023 10:21

Ixico shares rise on double-digit revenue expectations for 2024

(Alliance News) - Ixico PLC on Tuesday said it now expects to achieve double-digit revenue growth next year, on the basis of several new early-phase contract wins.

Read more
20 Jan 2023 15:45

UK shareholder meetings calendar - next 7 days

Monday 23 January 
Midatech Pharma PLCGM re proposed acquisition of Bioasis Technologies Inc
Tuesday 24 January 
C4X Discovery Holdings PLCAGM
Marston's PLCAGM
Smiths News PLCAGM
Wednesday 25 January 
City of London Group PLCGM re proposed share distribution and cancellation
Doric Nimrod Air One LtdEGM re special resolution to disapply the pre-emption rights
Infrastructure India PLCAGM
Lowland Investment Co PLCAGM
Majedie Investments PLCAGM
Majedie Investments PLCGM re appointment of the new investment manager
Thursday 26 January 
Auction Technology Group PLCAGM
Barings Emerging EMEA Opportunities PLCAGM
Britvic PLCAGM
Greencore Group PLCAGM
Henderson European Focus Trust PLCAGM
Friday 27 January 
Avon Protection PLCAGM
Henderson Far East Income LtdAGM
Ixico PLCAGM
NB Global Monthly Income Fund LtdEGM re proposed managed wind-down
On The Beach Group PLCAGM
Pathfinder Minerals PLCGM re capital raise
Serica Energy PLCGM re consideration shares approval
Treatt PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
9 Dec 2022 14:21

Ixico awarded two-year MRI imaging contract

(Sharecast News) - Neuroscience analysis technology specialist Ixico has been selected by an unnamed, "leading" global pharmaceutical company and new client, it announced on Friday, to provide MRI imaging services for an early-phase clinical trial in multiple system atrophy.

Read more
9 Dec 2022 11:53

Ixico hails contract win for early phase atrophy disease trial

(Alliance News) - Ixico PLC on Friday said it has signed a start-up agreement with a new client to provide MRI imaging services for an early phase clinical trial in multiple system atrophy, a rare nervous system condition that causes gradual damage to nerve cells in the brain.

Read more
8 Dec 2022 16:51

TRADING UPDATES: Helios Towers seals deal; Ixico client cancels trial

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

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.