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Online Blockchain Swings To Interim Loss On Higher Interest Costs

Fri, 16th Mar 2018 17:55

LONDON (Alliance News) - Online Blockchain PLC, formerly On-Line PLC, on Friday swung to a pretax loss for the first half due to higher interest payments and a drop in turnover.

For the six months to December end, the blockchain technology company recorded a pretax loss of GBP7,000, compared with pretax profit of GBP12,000 in the year ago period, on a turnover of GBP32,000 and GBP44,000, respectively. Interest expenses rose to GBP15,000 from GBP1,000.

"We are excited about the potential opportunities for Blockchain technology. Shareholders should note that the company's own development of additional Blockchain products are still at an early stage but we look forward to reporting further progress this year," the company said.

Shares in Online Blockchain closed at 70.00 pence, up 24%.

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5 Jan 2024 18:37

IN BRIEF: Online Blockchain to be deleted from London's AIM index

Online Blockchain PLC - London-based blockchain research and development company - Shares will be deleted from the FTSE AIM ALL-Share Index on Wednesday, FTSE Russell reports. The company last reported financial results in March 2023, for the six months to December 31, 2022.

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22 Dec 2023 15:50

UK shareholder meetings calendar - next 7 days

Monday 25 December 
no events scheduled 
Tuesday 26 December 
no events scheduled 
Wednesday 27 December 
Tremor International LtdAGM
Thursday 28 December 
ADVFN PLCAGM
Altona Rare Earths PLCAGM
Beximco Pharmaceuticals LtdAGM
Global Petroleum LtdAGM
Visum Technologies PLCAGM
Friday 29 December 
Apollon Formularies PLCAGM
Eco Atlantic Oil & Gas LtdAGM
Genedrive PLCAGM
Goldplat PLCAGM
Lansdowne Oil & Gas PLCGM re capital raise
Marula Mining PLCAGM
Microsaic Systems PLCGM re fundraise
Online Blockchain PLCAGM
Secure Property Development & Investment PLCAGM
SkinBioTherapeutics PLCAGM
Tetragon Financial Group LtdAGM
Woodbois LtdAGM
Zambeef Products PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved. 

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16 Nov 2023 19:55

TRADING UPDATES: AMTE Power in subscription deal, launches placing

(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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31 Oct 2023 19:04

TRADING UPDATES: CPP reports new business wins for Blink division

(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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10 Oct 2023 19:23

Online Blockchain links up with ElevenLabs in AI partnership

(Alliance News) - Online Blockchain PLC on Tuesday said it was linking up with ElevenLabs to further develop the artificial intelligence capabilities of its products.

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14 Sep 2023 14:25

IN BRIEF: Online Blockchain announces SMS integration for Synthia app

Online Blockchain PLC - London-based blockchain research and development company - Says artificial assistant app Synthia now has a full short message service integration and is currently under alpha testing. Adds "Synthia AI can answer various queries related to live information, general knowledge, finance, people, places, books, popular culture and more; everything from checking the weather in a given location to finding the best restaurants and getting the spot price for gold."

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27 Jul 2023 21:53

TRADING UPDATES: Ormonde eyes AIM exit; Online Blockchain tests AI app

(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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15 May 2023 21:10

TRADING UPDATES: Online Blockchain keeping ADVFN at "arms length"

(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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31 Mar 2023 21:09

EARNINGS UPDATES: Caledonian swings to profit; Caracal revenue falls

(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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30 Jan 2023 11:20

Online Blockchain to offer non-fungible tokens of Rocky Horror Show

(Alliance News) - Online Blockchain PLC on Monday said it plans to launch a new non-fungible token project based on 'The Rocky Horror Show'.

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23 Dec 2022 14:52

EARNINGS SUMMARY: Cellular Goods and British Honey suffer widened loss

(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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23 Dec 2022 11:24

AIM WINNERS & LOSERS: MS International surges on new contract win

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

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22 Dec 2022 15:44

UK shareholder meetings calendar - next 7 days

Friday 23 December 
Plexus Holdings PLCAGM
Wildcat Petroleum PLCAGM
Monday 26 December 
no events scheduled 
Tuesday 27 December 
Zambeef Products PLCAGM
Wednesday 28 December 
Evrima PLCAGM
Greencare Capital PLCGM re proposed name change
Lift Global Ventures PLCGM re proposed expansion within the energy sector
Thursday 29 December 
Amte Power PLCAGM
ADVFN PLCAGM
Genedrive PLCAGM
Hotel Chocolat Group PLCAGM
Lekoil LtdEGM re proposed settlement and name change
Online Blockchain PLCAGM
PetroNeft Resources PLCAGM
SkinBioTherapeutics PLCAGM
  
Copyright 2022 Alliance News Ltd. All Rights Reserved.

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5 Aug 2022 14:58

TRADING UPDATES: 4D Pharma warns of wind-up; Star Phoenix files claim

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

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13 Jun 2022 10:47

AIM WINNERS & LOSERS: Tekmar puts itself up for sale as loss widens

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

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