The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksJangada Mines Share News (JAN)

Share Price Information for Jangada Mines (JAN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.40
Bid: 1.30
Ask: 1.50
Change: 0.15 (12.00%)
Spread: 0.20 (15.385%)
Open: 1.25
High: 1.425
Low: 1.25
Prev. Close: 1.25
JAN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EARNINGS SUMMARY: Belluscura loss widens; Civitas Social ups payout

Thu, 29th Jun 2023 13:17

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

----------

Belluscura PLC - Medical device developer focused on lightweight and portable oxygen enrichment technology - Reports pretax loss of USD8.2 million for 2022, widened from USD5.2 million in 2021. Revenue grows to USD1.5 million from USD420,000. Net cash at December 31 is down to USD2.0 million from USD15.9 million. Looking ahead, Chief Executive Officer Robert Rauker says trading in the first half of 2023 was in line with its expectations for all of 2023, with a significant second-half weighting anticipated. Starts pre-market launch of Discov-R, a portable oxygen concentrator. Notes progress on the CE and UKCA registration mark application for the X-Plor POC in the EU and UK by conducting a patient usability study. Says registration of X-Plor in China is progressing after the registration of its subsidiary Shenzhen Belluscura Technology Co Ltd.

----------

BSF Enterprise PLC - London-based investor in biotechnology and owner of cellular agriculture company 3D Bio-Tissues - For the six months that ended March 31, pretax loss widens to GBP649,059 from GBP291,553 a year prior. Administrative expenses balloon to GBP728,435 from GBP291,533. CEO Che Connon says the most recent half-year "has been one of significant progress on both technical and commercial fronts. Technical milestones have included us producing the UK's first 100% cultivated steak, an enormous step forward for our industry, as well as skin products thick enough to be used to make leather goods." Looking ahead, Connon says BSF Enterprise has a strong balance sheet, which will help its growth strategy.

----------

Civitas Social Housing PLC - Exeter, England-based real estate investment trust - Net asset value as at March 31 at financial year 2023 end falls 1.0% to 109.16 pence per share from 110.30p a year prior. Net rental income grows 3.9% to GBP52.7 million from GBP50.7 million. Dividend per share increased by 2.7% to 5.70p from 5.55p. Looking ahead, Chair Michael Wrobel says demand for the type of properties within its portfolio "remains strong with independent forecasts predicting that there will be continued growth for many years to come in the need for additional units of adapted accommodation."

----------

CloudCoCo Group PLC - London-based IT and communications for businesses and public sector - Pretax loss in six months ended March 31 narrows to GBP1.2 million from GBP1.5 million, as revenue climbs to GBP12.9 million from GBP11.6 million. Cost of sales increase to GBP8.6 million from GBP7.8 million. For second half of financial year, Chief Executive Officer Mark Halpin says trading has been encouraging despite wider economic headwinds. He adds: "We expect to see the benefits of our investments into sales and marketing begin to increase. We are maintaining our focus on driving cost savings and efficiencies and expect to see the results of the hard work carried out in the first half have a positive impact on the bottom line at the full year. To help us reach our goals faster, we are continuing to assess opportunities to acquire complementary businesses we feel are a good strategic fit."

----------

Jangada Mines PLC - London-based miner focused on Brazil - Pretax loss in 2022 is USD936,000, swung from a profit of USD92,000 in 2021. Reports loss on fair value of investment of USD270,000 compared to a gain of USD340,000. Profit on disposal of investment plummets to USD68,000 from USD1.7 million. Looking ahead, Jangada expects that it will have enough resources to meets it capital requirements for the foreseeable future.

----------

Oracle Power PLC - London-based, Pakistan-focused energy projects developer - Pretax loss in 2022 is GBP1.3 million, widened from GBP881,879 in 2021. Generates no revenue yet. CEO Naheed Memon says the company expects results from a thyssenkrupp AG feasibility study for green hydrogen and green ammonia during 2023.

----------

Verditek PLC - London-based technology company that develops, manufactures and sells lightweight solar panels - Reports pretax loss of GBP1.9 million for 2022, widened from GBP1.1 million in 2021. Revenue multiplies to GBP417,457 from GBP107,632. Administrative expenses increase to GBP1.7 million from GBP1.5 million. Direct costs widen to GBP670,547 from GBP609,213. Looking ahead, Chair David Willetts says: "The near-term outlook for clean technology in general and Verditek in particular is very positive. The group has seen a growing number of enquiries and pilot projects towards the end of the year and in early 2023, which point to promising signs of commercial growth for 2023."

----------

By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
28 Jan 2019 11:41

Jangada's 117% jump in JORC resource is 'significant step forward'

(Sharecast News) - Jangada Mines climbed on Monday after announcing the doubling of its resource at the Pedra Branca platinum group metals project in Brazil.

Read more
23 Jan 2019 13:09

Jangada Mines Notes SilverStream Net Smelter Royalty Acquisition

LONDON (Alliance News) - Natural resources firm Jangada Mines PLC said Wednesday that SilverStream SEZC has acquired the existing 1% net smelter royalty on the Pedra Branca project from Solitario

Read more
14 Jan 2019 12:13

Jangada Work Programme Aims To Progress Pedra Branca Feasibility Study

LONDON (Alliance News) - Jangada Mines PLC on Monday said its first-quarter work programme is focused on progressing the bankable feasibility study of the Pedra Branca platinum group metals and in

Read more
30 Nov 2018 12:07

Jangada Mines Annual Loss Widens; Focuses On Advancing Pedra Branca

LONDON (Alliance News) - Jangada Mines PLC said Friday that its annual loss widened as it maintains focus on its Pedra Branca a platinum group metal project.For the year ended June 30, the

Read more
30 Nov 2018 08:10

Jangada Mines losses widen as Pedra Branca investments increase

(Sharecast News) - South America-focussed platinum group Jangada Mines saw ore volumes increase during its last trading year but increased admin costs saw the project developer's annual losses widen.

Read more
10 Oct 2018 11:58

Jangada Mines Finds High-Grade Mineralisation At Pedra Branca Project

LONDON (Alliance News) - Jangada Mines PLC on Wednesday said high-grade nickel and copper sulphide mineralisation has been identified at its Pedra Branca platinum group metals project in economic

Read more
1 Oct 2018 11:49

Jangada Mines Receives Environmental Licence For Pedra Branca Project

LONDON (Alliance News) - Jangada Mines PLC said Monday it received environmental licence approval for the Pedra Branca Project in Brazil by the Ceara State Environmental Department.The is a

Read more
27 Sep 2018 14:50

Jangada Mines Agrees GBP2 Million Fundraise Package For Pedra Branca (ALLISS)

LONDON (Alliance News) - Jangada Mines PLC said on Thursday it has agreed a fundraise package of GBP2.1 million to advance its Pedra Branca platinum group metals project.The fundraise a to

Read more
18 Jun 2018 14:37

Jangada Mines Completes Economic Assessment Of Pedra Branca Project

LONDON (Alliance News) - South America-focused natural resources company Jangada Mines PLC said on Monday it has completed the preliminary economic assessment for its Pedra Branca platinum group a

Read more
11 Jun 2018 12:46

Jangada Mines Gets Positive Metallurgical Results From Pedra Branca

LONDON (Alliance News) - Jangada Mines PLC said Monday it received positive results from recent metallurgical test work done at its Pedra Branca platinum group metals project located in north east

Read more
15 May 2018 13:36

Jangada Mines Brazilian Project Gets Substantially Increased Resource

LONDON (Alliance News) - Jangada Mines PLC said Tuesday there has been a "substantial increase" in the joint ore and reserves committee compliant mineral resources at its Pedra Banca PGM

Read more
19 Mar 2018 11:45

Jangada Mines Expects Busy Six Months As First Half Loss Widens

LONDON (Alliance News) - Jangada Mines PLC on Monday reported a widened loss for its first half, in which it completed its London float, as it advanced in

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.