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Share Price: 66.50
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Open: 66.50
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EARNINGS UPDATES: Live Co achieves surge in interim revenue

Fri, 30th Sep 2022 14:46

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

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DG Innovate PLC - Bingley-England based storage battery manufacturer - Says grant income in the six months ended on June 30 falls to GBP344,831, from GBP675,816 a year ago. Pretax loss widens to GBP6.2 million from just GBP201,156, as administrative expenses jump to GBP1.2 million from GBP777,670 a year ago. "The first half of 2022 was transformational for the company, as we completed the reverse takeover of DGI to become DG Innovate PLC", Chair Nick Tulloch says. Looking ahead, it seeks to commercialise a suite of electric mobility and storage tech.

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Live Co Group PLC - UK-based live events and entertainment company - Posts a surge in revenue to GBP2.6 million for the six months ended on June 30, from GBP622,000 a year ago, as pretax loss narrows to GBP1.4 million from GBP2.1 million. Cost of sales increase to GBP1.7 million from GBP1.4 million a year earlier. Looking ahead, says it remains "cautiously optimistic" for 2023, citing increased demand for live events.

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NetScientific PLC - London-based life sciences and sustainability technology investment firm - Reports a fall in revenue to GBP391,000 for the six months ended June 30, from GBP407,000 a year ago. Pretax loss widens to GBP1.7 million from GBP1.5 million. Selling and administrative costs amount to GBP1.4 million, up from GBP1.2 million ago, mainly due to "increased headcount in the subsidiaries and at head office, and increased spending in drives towards commercialisation and eventual liquidity events".

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TechFinancials Inc - invests in early-stage technology companies - Posts no revenue for the six months ended on June 30. Pretax loss widens to USD163,000 from USD92,000 a year ago as financing expenses swing to a loss of USD89,000 from a profit of USD41,000.

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Apollon Formularies PLC - London-based medical cannabis pharmaceutical firm - Posts revenue of GBP165,053 in the six months ended on June 30, compared to none a year ago. Pretax loss narrows to GBP212,436 from GBP1.7 million, despite administrative expenses rising to GBP535,889 from GBP335,425 a year ago. No finance costs have incurred this year, compared to GBP3,799 last year.

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By Xindi Wei; xindiwei@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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14 Aug 2023 19:49

IN BRIEF: NetScientific's PDS suffers wider loss as R&D costs mount

NetScientific PLC - London-based investment firm focused on life science, sustainability and technology companies - Portfolio company PDS Biotechnology Corp reports results for the quarter to June 30. Net loss was USD11.5 million, widened from USD5.8 million the year before. Higher loss primarily due to costs incurred in connection with research and development programmes, which more than doubled to USD8.0 million from USD3.8 million. Loss per share of USD0.37 compared to USD0.20 before. Further, PDS reports the successful submission of final clinical protocol and supporting information to the US Food & Drug Administration to initiate phase 3 Versatile-003 trial in the fourth quarter. Adds biomarker data from Versatile-002 will be presented at the European Society for Medical Oncology Congress.

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30 Jun 2023 14:07

TRADING UPDATES: Pendragon quarterly trading momentum maintained

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

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29 Jun 2023 14:11

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:

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22 Jun 2023 17:15

IN BRIEF: NetScientific investee Vortex nabs six-figure investment

NetScientific PLC - London-based investment firm focused on life science, sustainability and technology companies - Announces completion of new GBP3.2 million investment round in portfolio company Vortex Biotech Holdings Ltd, led by EMV Capital. NetScientific converted its GBP400,000 loan into equity alongside new Vortex investors. NetScientific now has a 24.98% total equity holding in Vortex. This equates to a post-investment fair value of GBP2.8 million, quadruple the GBP700,000 value reported at December 31.

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22 Jun 2023 15:44

UK shareholder meetings calendar - next 7 days

Friday 23 June 
Cadogan Petroleum PLCAGM
Mears Group PLCAGM
Non-Standard Finance PLCAGM
Ocean Harvest Technology Group PLCAGM
Oxford Biomedica PLCAGM
Pelatro PLCAGM
Petrofac LtdAGM
Princess Private Equity Holding LtdAGM
Rathbones Group PLCGM re agreement regarding all-share combination with Invested Wealth & Investment Ltd
Supply@Me Capital PLCGM re open offer warrantholders
Vietnam Enterprise Investments LtdAGM
VPC Specialty Lending Investments PLCAGM
Monday 26 June 
Aterian PLCAGM
Capricorn Energy PLCAGM
Corre Energy BVAGM
Facilities by ADF PLCAGM
Lexington Gold LtdSGM re proposed acquisition of White Rivers Exploration Ltd
LifeSafe Holdings PLCAGM
Premier African Minerals LtdAGM
Vast Resources PLCGM re issuing new share capital
Volvere PLCAGM
Tuesday 27 June 
Acuity RM Group PLCAGM
Comptoir Group PLCAGM
Creo Medical Group PLCAGM
First Tin PLCAGM
Forward Partners Group PLCAGM
Galantas Gold CorpAGM
Gemfields Group LtdAGM
Golden Prospect Precious Metals LtdAGM
Hamak Gold LtdAGM
ICG Enterprise Trust PLCAGM
Impellam Group PLCAGM
India Capital Growth Fund LtdAGM
Inspiration Healthcare Group PLCAGM
Instem PLCAGM
JD Sports Fashion PLCAGM
Kingfisher PLCAGM
Mercantile Ports & Logistics LtdGM re equity fundraising
Mobile Tornado Group PLCAGM
Revolution Beauty Group PLCAGM
Scottish Mortgage Investment Trust PLCAGM
Serabi Gold PLCAGM
Sondrel Holdings PLCAGM
Surface Transforms PLCAGM
Surgical Innovations Group PLCAGM
Trinity Exploration & Production PLCAGM
Wednesday 28 June 
Atalaya Mining PLCAGM
Avacta Group PLCAGM
Boku IncAGM
Cambridge Cognition Holdings PLCAGM
Cizzle Biotechnology Holdings PLCAGM
Cobra Resources PLCAGM
Cora Gold LtdAGM
Dial Square Investments PLCAGM
Itaconix PLCAGM
NB Distressed Debt Investment Fund LtdAGM
Panthera Resources PLCGM re directors’ authority to allot shares
Phoenix Spree Deutschland LtdAGM
Pineapple Power Corp PLCAGM
Polarean Imaging PLCAGM
RA International Group PLCAGM
Schroder European Real Estate Investment Trust PLCAGM
Shield Therapeutics PLCAGM
St Mark Homes PLCAGM
Star Phoenix Group LtdAGM
ValiRx PLCAGM
Velocys PLCAGM
Vertu Motors PLCAGM
Warpaint London PLCAGM
Westminster Group PLCAGM
Zenova Group PLCAGM
Thursday 29 June 
3i Group PLCAGM
Africa Opportunity Fund LtdAGM
Anemoi International LtdAGM
Anpario PLCAGM
Ariana Resources PLCAGM
Beowulf Mining PLCAGM
Celadon Pharmaceuticals PLCAGM
Cornish Metals IncAGM
East Imperial PLCAGM
East Star Resources PLCAGM
Eden Research PLCAGM
Engage XR Holdings PLCAGM
First Class Metals PLCAGM
Gresham House Energy Storage Fund PLCGM re remuneration policy
Gusbourne PLCAGM
HeiQ PLCAGM
Helios Underwriting PLCAGM
Ingenta PLCAGM
IQE PLCAGM
Kooth PLCAGM
Landore Resources LtdAGM
Let's Explore Group PLCAGM
Likewise Group PLCAGM
MGC Pharmaceuticals LtdGM re issue of convertible notes
Morgan Advanced Materials PLCAGM
NetScientific PLCAGM
New Century AIM VCT 2AGM
Norman Broadbent PLCAGM
Reabold Resources PLCAGM
Rockhopper Exploration PLCAGM
Roquefort Therapeutics PLCAGM
Serica Energy PLCAGM
SpaceandPeople PLCAGM
Symphony Environmental Technologies PLCAGM
Synairgen PLCAGM
Thalassa Holdings LtdAGM
tinyBuild IncAGM
Touchstone Exploration IncAGM
Trident Royalties PLCAGM
Unigel Group PLCAGM
Verici Dx PLCAGM
Xpediator PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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31 May 2023 10:32

NetScientific "excited about future prospects" as annual loss widens

(Alliance News) - NetScientific PLC on Wednesday said its annual loss increased last year amid decreased revenue, but committed to progressing its "sustainable business model" and said it was optimistic about future opportunities.

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26 May 2023 21:16

NetScientific notes 'promising' data by investee PDS Biotechnology

(Alliance News) - NetScientific PLC on Friday noted that its investee PDS Biotechnology Corp announced "promising" interim data focused on immunotherapy for a form of cancer.

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15 May 2023 17:26

TRADING UPDATES: FRP Advisory eyes revenue ahead of expectations

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

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2 May 2023 19:22

TRADING UPDATES: Macfarlane buys A&G Holdings for GBP3.6 million

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

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3 Apr 2023 16:41

TRADING UPDATES: GENinCode gets US boost; Cindrigo strikes 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:

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28 Feb 2023 16:51

NetScientific portfolio company enters GBP500,000 loan agreement

(Alliance News) - NetScientific PLC on Tuesday said its wholly-owned portfolio company and respiratory diagnostics specialist ProAxsis entered into an unsecured GBP500,000 six-month loan agreement with AB Group Ltd.

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27 Feb 2023 19:42

TRADING UPDATES: i-nexus to deliver growth; Craven House loss narrows

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

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1 Feb 2023 21:41

TRADING UPDATES: PetroNeft extends maturity; NetScientific loses chair

(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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3 Jan 2023 17:17

TRADING UPDATES: MGC cuts costs; Ince gets Arden sale green light

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

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28 Dec 2022 16:29

NetScientific says PDS0101 shows median overall survival of 21 months

(Alliance News) - NetScientific PLC on Wednesday said its portfolio company PDS Biotechnology Corporation had reported a median overall survival of 21 months in its phase 2 clinical trial of PDS0101 triple combination.

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