KCOM Share News (KCOM)

Identity management specialists GB Group was down despite saying that it made excellent progress in the year to March as it swung into profits of £1.4m from the loss of £400,000 in the previous year. Revenue increased by 23% to £23.8m driven by growth across all areas of the business. "We believe that identity management is a fundamental enabler of online business and, accordingly, represents an exceptional opportunity for the group," said the group. Hull-based telecoms group KCom reported an increase in adjusted pre-tax profit for the year and said it was confident of an improved performance in the year ahead. In a separate statement the group confirmed the appointment of Bill Halbert as executive chairman after the group's AGM. Profit before tax and exceptional items rose to £17.9m for the year ended 31 March 2009 from £8.4m. KCom also posted a pre-tax loss of £111.3m from £4.4m from a year before after restructuring costs and goodwill impairment.FTSE TechMARK - FallersInion (IIN) 0.50p -43.18%Electronic Data Processing (EDP) 41.50p -9.78%Sepura (SEPU) 45.00p -9.09%Puricore (PURI) 13.00p -7.14%Imagination Technologies (IMG) 84.75p -5.04%Elan Corporation (ELA) € 5.38 -4.77%AEA Technology (AAT) 16.00p -4.48%GB Group (GBG) 22.75p -4.21%Corin Group (CRG) 58.00p -4.13%Morse (MOR) 11.75p -4.08%FTSE TechMARK - RisersOxford Instruments (OXIG) 143.00p +10.00%Redstone (RED) 10.50p +9.09%Innovation Group (TIG) 9.95p +8.98%Biocompatibles International (BII) 195.00p +8.33%Oxford Biomedica (OXB) 11.00p +7.32%Optos (OPTS) 62.00p +6.90%Alizyme (AZM) 6.25p +6.29%Vernalis (VER) 74.75p +5.65%Phoenix IT Group (PNX) 180.00p +4.96%NCC Group (NCC) 334.50p +4.53%