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Arria doubles losses but looks to 'bright' future

Thu, 23rd Jan 2014 12:50

Arria, a recently AIM-listed company that develops natural language generation (NLG) technology, declined after it full-year losses doubled as a result of heavy investment. For the 12 months ended September 30th, losses totalled £13m on revenue of £0.82m, up from £0.06m a year earlier, which was driven higher by its contract with an oil and gas client. Cash at the year-end was £3.9m, down from £8.7m at the 2012 year-end. Chief Executive Officer Stuart Rogers said: "The directors believe that the prospects for the group are very bright. Negotiations continue with existing clients to expand the scope of our relationships which the directors expect to result in deeper and longer engagements. "Simultaneously, the director's believe that the platform offered by the company's shares being admitted to trading on AIM, and the debut of NLG as a key note concept at the Society of Petroleum Engineers Intelligent Energy conference [...] positions the group to succeed in the coming months and years in delivering its vision to be the global leader in the development and deployment of mission critical, core industrial enterprise level NLG software technologies." NR
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1 Dec 2016 12:04

Arria to float on Australian and New Zealand stock exchanges

(ShareCast News) - AIM-listed artificial intelligence company Arria NLG is to float on the Australian and New Zealand stock exchanges in March 2017 to pursue growth opportunities. The new funds which would be raised would be used to develop the company's software as a service products, including lau

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5 Oct 2016 14:27

Arria NLG lauches A-Lite private beta

(ShareCast News) - Artificial intelligence and natural language generation development company Arria NLG announced the private beta launch of Articulator Lite, a cloud-based toolkit that allows users to build their own applications that create content from data, on Wednesday. The AIM-traded firm sai

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3 Oct 2016 07:55

Arria NLG Raises GBP2.7 Million Via Convertible Note Issue (ALLISS)

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31 Aug 2016 13:35

Arria NLG launches financial analyst in-a-box for SMEs

(ShareCast News) - Arria NLG has launched a new artificial intelligence software tool to help small and medium sized businesses quickly translate complicated accounts into "instant financial insights" in simple language. The software-as-a-service tool, known as Recount and designed to work with larg

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31 Aug 2016 09:53

Arria Launches Recount Reporting Tool To Show Data In "Plain Language"

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8 Aug 2016 08:03

Arria NLG Makes Management Changes Ahead Of New Zealand Listing

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18 Jul 2016 09:18

Arria NLG Issues Loan Notes For Short Term Working Capital (ALLISS)

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12 Jul 2016 08:59

Arria NLG Granted Two Pilot Schemes In US, Sees Demand Rising

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4 Jul 2016 08:16

Arria NLG Outlines Plans To Shift Primary Listing To New Zealand (ALLISS)

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15 Jun 2016 08:29

Arria NLG losses widen but hopes high for 'virtual financial adviser'

(ShareCast News) - Half year revenue fell at Arria NLG due to a loss of a major contract but the company has since diversified and launched a new 'virtual financial adviser' product to help SME businesses that it hoped will boost the second half of the year. Revenues in the six months to 31 March fe

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15 Jun 2016 07:45

Arria NLG Says Making Good Progress As Interim Loss Widens

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10 Jun 2016 07:48

Arria NLG To Raise Funds As Part Of Australia, New Zealand Listings (ALLISS)

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1 Jun 2016 07:42

Arria NLG Wins Agreement To Deploy Two Applications For Client

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26 May 2016 09:14

AIM-Listed Arria NLG Wins Grant Of Ninth US Patent To Date

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16 May 2016 07:48

Arria NLG Secures 8th Technology Patent In US For Platform Search

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