Kooth Plc Share News (KOO)

EARNINGS AND TRADING: Kooth revenue surges; Flowtech cuts dividend

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

US expansion driving growth for Kooth

(Sharecast News) - Digital mental health service provider Kooth said in a trading update on Monday that it anticipated its 2023 revenue to reach £33.3m, representing year-on-year growth of around 65%.

Kooth eyes full-year revenue growth despite headwinds in UK market

(Alliance News) - Kooth PLC on Monday said it expects annual revenue to jump 65%, despite headwinds in its UK market.

Kooth launches youth mental health platform in California

(Sharecast News) - Digital mental wellbeing specialist Kooth announced the launch of its digital mental health platform and mobile app in California on Tuesday, under the name 'Soluna'.

IN BRIEF: Kooth celebrates launch of mental health app in California

Kooth PLC - London-based digital mental health platform - Confirms the launch of its digital mental health platform and mobile app, Soluna, in California, US, on January 1. Explains that Soluna offers California's six million 13 to 25-year-olds "free access to one-to-one professional support, self-guided tools, content, and activities, and peer support communities moderated by trained behavioural health professionals". The contract has an expected value of USD188 million through to June 2027, with possible revenue upside based on usage levels and product development.

EARNINGS: Newbury Racecourse swings to loss; Sondrel revenue up 17%

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

UPDATE: Kooth raises GBP10 million in placing; signs contract

(Alliance News) - Kooth PLC's shares jumped on Monday after it announced it completed a placing of 3.3 million shares, raising gross proceeds worth an estimated GBP10 million through the issue of new shares at a price of 300 pence each.

CORRECT: Kooth wins contract; proposes GBP10 million placing

(Correcting issue price of placing shares.)

AIM WINNERS & LOSERS: Alba wins permits; Aptamer cash-strapped

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

Kooth signs USD188 million contract; proposes GBP10 million placing

(Alliance News) - Kooth PLC's shares jumped on Monday after it announced that it had signed a four-year contract worth USD188 million in California, and proposed a placing worth an estimated GBP10 million.

TRADING UPDATES: tinyBuild bemoans disappointing interim performance

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

UK shareholder meetings calendar - next 7 days

Polarean shares down despite narrowed annual loss and optimism

(Alliance News) - Polarean Imaging PLC shares were down on Friday despite slimming its annual loss, as the company said it now will focus on gaining commercial traction and exploring further financing for its newly US Food & Drug Administration-approved Xenoview device.

CORRECT (Apr 4): Kooth revenue up amid new contracts, loss widens

(Correcting reason for Kooth PLC's revenue increase and value of contract.)

Kooth contract with Pennsylvania drives annual revenue; loss widens

(Alliance News) - Kooth PLC on Tuesday said its revenue for the year ended December 31 rose amid business opportunities in the US, but administrative expenses led to its loss widening.