The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksLitigation Cap. Share News (LIT)

Share Price Information for Litigation Cap. (LIT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 109.50
Bid: 110.50
Ask: 111.50
Change: -2.00 (-1.79%)
Spread: 1.00 (0.905%)
Open: 109.50
High: 109.50
Low: 109.50
Prev. Close: 111.50
LIT 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: Eagle Eye profit up; Litigation Capital optimistic

Tue, 14th Mar 2023 17:39

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

----------

Aptamer Group PLC - York, England-based company which develops custom affinity binders through its Optimer platform to enable new approaches in therapeutics, diagnostics and research applications - Half-year pretax loss in the six months to December 31 widens to GBP3.0 million from GBP1.2 million a year prior, as administrative expenses increase to GBP3.0 million from GBP1.2 million. Revenue falls to GBP1.0 million from GBP1.4 million. Loss per share widens to 3.81 pence from 1.83p. Looking ahead, Aptamer anticipates "significantly" higher revenue in the second half of financial 2023 as some of its current contracted development projects near completion or start secondary phases. Aptamer expects revenue in line with market expectations for the full year.

----------

Berkeley Energia Ltd - clean energy company focused on bringing wholly owned Salamanca project in Spain into production - Turns to interim loss for the six months to December 31 as gain from fair value movements drops. Pretax loss is AUD849,000 - around GBP465,083 - compared to a profit of AUD63.8 million a year ago. Gain from fair value movements drops to AUD633,000 from AUD64.1 million. Looking ahead, company says outlook for nuclear power and uranium market continues to strengthen.

----------

Croma Security Solutions Group PLC - Fareham, England-based security services provider - Pretax profit in the six months to December 31 grows to GBP254,000 from GBP189,000 a year prior, as revenue climbs to GBP3.8 million from GBP3.0 million. Cost of sales widen to GBP2.1 million from GBP1.8 million. Looking ahead, company says it is trading well with potential for further growth. The planned sale of its subsidiary Croma Vigilant, previously announced in December, continues as Croma hopes for this to resolve by the end of the current financial year ending on June 30.

----------

Eagle Eye Solutions Group PLC - London-based marketing solutions provider - Reports pretax profit of GBP855,000 in the six months to December 31, up 48% from GBP578,000 a year ago. Revenue grows to GBP20.0 million from GBP15.1 million. Says entered second half of financial 2023 in a "strong position" with continued annual recurring revenue growth. Adds that it expects revenue and adjusted earnings before interest, tax, depreciation and amortisation for financial 2023 ending June 30 to be ahead of current market expectations. Says the expectations are revenue of GBP37.8 million, up 19% from GBP31.7 million a year ago, and adjusted Ebitda of GBP7.5 million, 15% higher than GBP6.5 million a year before.

----------

Litigation Capital Management Ltd - asset manager specialising in dispute financing solutions - Turns to a pretax loss of USD10.9 million in the six months to December 31, from a profit of USD4.0 million a year ago, as litigation service revenue declines to USD4.7 million from USD19.3 million. Looking ahead, expects more investment opportunities, noting relaxations of moratoriums against insolvency and restructuring disputes. During the Covid pandemic, many governments introduced such moratoriums.

----------

Sovereign Metals Ltd - Perth, Australia-based, Malawi-focused mining company - Pretax loss in the six months to December 31 widens to AUD8.5 million from AUD7.7 million, as exploration and evaluation expenses widen to AUD5.8 million from AUD4.2 million. Company says it is well advanced with the pre-feasibility study for the Kasiya rutile project in Malawi, with the study on track to be completed in the first half of 2023.

----------

Tekmar Group PLC - Darlington, England-based technology and services provider for offshore energy markets - Releases figures for financial year to September 30, compared to 18 months to September 30, 2021, as it changed its financial year. Pretax loss narrows to GBP5.2 million from GBP5.8 million. Revenue falls to GBP30.2 million from GBP47.0 million. Looking ahead, company expects breakeven adjusted earnings before interest, tax, depreciation and amortisation for current financial year 2023, compared to an adjusted Ebitda loss of GBP2.1 million in financial 2022. For financial 2024, anticipates positive adjusted Ebitda.

----------

Thor Energy PLC - US and Australia-focused uranium and energy metals resource company - Pretax loss in the half-year to December 31 narrows to GBP8,000 from GBP783,000 a year ago. Anticipates a positive outlook for gold prices amid the ongoing Russian war in Ukraine. Regarding the Kapunda project, expects approval from South Australia's Department of Energy & Mines in the third quarter of 2023.

----------

By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
19 Jun 2023 10:28

Litigation Capital Management claimant wins award in favour

(Alliance News) - Litigation Capital Management Ltd on Monday said that a claimant backed in a London arbitration proceeding won an award in its favour.

Read more
19 Jun 2023 10:02

AIM WINNERS & LOSERS: Abingdon launches saliva-based pregnancy test

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

Read more
15 May 2023 20:19

TRADING UPDATES: Arecor launches Ogluo in Denmark and Sweden

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

Read more
3 Apr 2023 18:05

TRADING UPDATES: Redx confirms Jounce deal lapses, Tirupati seals deal

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

Read more
20 Mar 2023 11:24

IN BRIEF: Litigation Capital Management execs buy 1.8 million shares

Litigation Capital Management Ltd - asset manager specialising in dispute financing solutions - Chair Jonathan Moulds and Chief Executive Officer Patrick Moloney buy 1.8 million shares in total, in London on Friday. Moulds buys 1.7 million shares at 71.35 pence each, worth GBP1.2 million. Moloney buys 157,092 shares at 71.00p each, worth GBP111,535. Moulds is now interested in 5.3 million shares, a 4.4% stake, whilst Moloney is interested in 10.4 million shares, an 8.8% stake.

Read more
9 Mar 2023 13:49

Litigation Capital class action reaches settlement in Australia

(Sharecast News) - Litigation Capital Management announced on Thursday that a class action in Australia, which it had fully funded, had reached a settlement.

Read more
9 Mar 2023 11:59

TRADING UPDATES: NWF beats market view; AFC hydrogen offering progress

(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
7 Mar 2023 15:44

UK earnings, trading statements calendar - next 7 days

Wednesday 8 March 
Admiral Group PLCFull Year Results
AIB Group PLCFull Year Results
Bakkavor Group PLCFull Year Results
Breedon Group PLCFull Year Results
CLS Holdings PLCFull Year Results
Darktrace PLCHalf Year Results
Galliford Try Holdings PLCHalf Year Results
Hill & Smith PLCFull Year Results
Hiscox LtdFull Year Results
Hotel Chocolat Group PLCHalf Year Results
Ibstock PLCFull Year Results
IP Group PLCFull Year Results
Legal & General Group PLCFull Year Results
musicMagpie PLCFull Year Results
Netcall PLCHalf Year Results
Quilter PLCFull Year Results
Premier Miton Global Renewables Trust PLCFull Year Results
Restaurant Group PLCFull Year Results
SIG PLCFull Year Results
Somero Enterprises IncFull Year Results
Spirent Communications PLCFull Year Results
TClarke PLCFull Year Results
TT Electronics PLCFull Year Results
Tullow Oil PLCFull Year Results
Thursday 9 March 
Aviva PLCFull Year Results
ConvaTec Group PLCFull Year Results
Digital 9 Infrastructure PLCFull Year Results
Domino's Pizza Group PLCFull Year Results
DS Smith PLCTrading Statement
Endeavour Mining PLCFull Year Results
Entain PLCFull Year Results
Forterra PLCFull Year Results
Franchise Brands PLCFull Year Results
Hammerson PLCFull Year Results
Harbour Energy PLCFull Year Results
Hansard Global PLCHalf Year Results
Headlam Group PLCFull Year Results
Informa PLCFull Year Results
Kier Group PLCHalf Year Results
M&G PLCFull Year Results
Network International Holdings PLCFull Year Results
Oakley Capital Investments LtdFull Year Results
PageGroup PLCFull Year Results
Seraphim Space Investment Trust PLCHalf Year Results
Spirax-Sarco Engineering PLCFull Year Results
Volution Group PLCHalf Year Results
Wheaton Precious Metals CorpFull Year Results
Friday 10 March 
Allianz Technology Trust PLCFull Year Results
Berkeley Group HoldingsTrading Statement
BP PLCFull Year Results
FBD Holdings PLCFull Year Results
Lancashire Holdings LtdFull Year Results
Mineral & Financial Investments LtdHalf Year Results
Robert Walters PLCFull Year Results
Monday 13 March 
Direct Line Insurance Group PLCFull Year Results
Fonix Mobile PLCHalf Year Results
HgCapital Trust PLCFull Year Results
MTI Wireless Edge LtdFull Year Results
Nightcap PLCHalf Year Results
Phoenix Group Holdings PLCFull Year Results
Stelrad Group PLCFull Year Results
Tuesday 14 March 
Aptamer Group PLCHalf Year Results
Close Brothers Group PLCHalf Year Results
Costain Group PLCFull Year Results
Eagle Eye Solutions Group PLCHalf Year Results
Genuit Group PLCFull Year Results
Gresham Technologies PLCFull Year Results
H&T Group PLCFull Year Results
Harworth Group PLCFull Year Results
Litigation Capital Management LtdHalf Year Results
Midwich Group PLCFull Year Results
Old Mutual LtdFull Year Results
PCI-PAL PLCHalf Year Results
Sabre Insurance Group PLCFull Year Results
Smart Metering Systems PLCFull Year Results
TP ICAP Group PLCFull Year Results
Virgin Wines UK PLCHalf Year Results
Yu Group PLCFull Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved. 

Read more
28 Feb 2023 14:33

TRADING UPDATES: Celsius hails MCB assays; Brandshield revenue rises

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

Read more
24 Feb 2023 14:08

Litigation Capital wins partial award for one of investments

(Alliance News) - Litigation Capital Management Ltd on Thursday said a partial award was granted in favour of one of its 100% direct balance sheet investments.

Read more
20 Feb 2023 17:36

Litigation Capital wins claim against Carillion's former auditors KPMG

(Alliance News) - Litigation Capital Management Ltd on Monday said it won its legal claim over Carillion's formers auditors KPMG.

Read more
20 Feb 2023 13:12

Litigation Capital announces success in Carillion claim

(Sharecast News) - Litigation Capital Management announced a successful outcome on its Carillion claim on Monday.

Read more
20 Dec 2022 15:45

Litigation Capital reports positive progress on two investments

(Sharecast News) - Dispute finance specialist Litigation Capital Management announced positive progress on two of its investments on Tuesday.

Read more
29 Nov 2022 15:50

DIRECTOR DEALINGS: Litigation Capital Management chair ups stake to 3%

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and Tuesday 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.