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(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
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Skillcast Group PLC - London-based e-learning software and content - Posts a 20% rise in revenue to GBP4.5 million for the six months ended on June 30 from GBP3.7 million a year ago, driven by a 33% increase in subscription revenue predominantly from new customers. Annualised recurring revenue rises by 26% to GBP6.3 million from GBP5.0 million a year ago. However, it swings to a pretax loss of GBP285,188 from a profit of GBP298,755, as administrative expenses jump to GBP3.4 million from GBP2.3 million a year ago. Declares an interim dividend of 0.168 pence per share, down 11% from 0.188p a year prior. Skillcast remains confident in achieving full-year expectations.
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Blancco Technology Group PLC - data security company - Records a 9.0% increase in revenue to GBP39.8 million in the six months ended on June 30, from GBP36.5 million a year ago. Pretax profit jumps by 14% to GBP1.7 million from GBP1.5 million. Cost of sales falls by 54% to GBP1.3 million from GBP2.8 million a year ago. Expects continued strong growth in future periods as the company enters the new financial year. Remains confident.
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Mobile Tornado Group PLC - Harrogate, England-based communications company - Posts revenue of GBP1.1 million for the six months ended on June 30, down 15% from GBP1.3 million a year ago. Pretax loss widens to GBP775,000 from GBP378,000, as operating expenses increase to GBP1.3 million from GBPo1.2 million, "adversely impacted by the depreciation of sterling comparative to the previous period", the firm explains. Looking ahead, Mobile Tornado says confident that the business will emerge from "difficult" two years. Focuses on moving the business back to profitability by the end of 2022.
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OptiBiotix Health PLC - York-based probiotics developer tackling cardiovascular diseases and lifestyle conditions - Reports a fall of 89% in revenue to GBP118,898 for the six months ended June 30, from GBP1.1 million a year ago. Says "lower than expected first half revenue caused by delays in restocking by certain large partners and in securing regulatory approval for some planned product launches". Operating loss widens to GBP1.1 million from just GBP565,784. Pretax profit dips by 2.8% to GBP13.9 million from GBP14.3 million a year ago. Notes year-on-year comparisons are "challenging" owing to the initial public offering of ProBiotix Health PLC in March. Looking ahead, OptiBiotix says its balance sheet is healthy, with sales prospects improving.
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By Xindi Wei; xindiwei@alliancenews.com
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