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Pin to quick pickspolarean Share News (POLX)

Share Price Information for polarean (POLX)

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Share Price: 3.70
Bid: 3.60
Ask: 3.80
Change: 0.05 (1.37%)
Spread: 0.20 (5.556%)
Open: 3.65
High: 3.70
Low: 3.68
Prev. Close: 3.65
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AIM WINNERS & LOSERS: Learning Tech jumps on interim profit surge

Thu, 22nd Sep 2022 10:15

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

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AIM - WINNERS

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Learning Technologies Group PLC, up 11% at 131.90 pence, 12-month range 103.90p - 229.26p. Reports a significant surge in interim profit and revenue thanks to stronger-than-expected organic growth in GP Strategies, as well as tailwinds from a stronger dollar. The digital learning and talent management firm posts a pretax profit of GBP18.5 million in the six months ended June 30, up sharply from GBP4.6 million the previous year. Revenue multiplies to GBP281.8 million from GBP82.6 million. Interim dividend is increased by 50% to 0.45 pence from 0.30p the year prior. Says the good performance has continued into the second half, enhanced by further forex tailwinds. Learning Tech expects to deliver full-year results ahead of analyst consensus.

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Dekel Agri-Vision PLC, up 8.6% at 3.15 pence, 12-month range 2.13p - 6.68p. Posts an increase in interim profit, but a fall in revenue during the first half of 2022. In the six months ended June 30, pretax income climbs to EUR2.5 million from EUR2.0 million the previous year. Revenue falls to EUR19.7 million from EUR21.7 million. The West Africa-focused agribusiness says the increase in profit was primarily driven by record crude palm oil and palm kernel oil pricing and an improved extraction rate. This, it adds, offset much lower than typical high season production volumes. Executive Director Lincoln Moore adds prices continue to trade at long-term high, meaning the company is "well-positioned" moving forward.

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Comptoir Group PLC, up 6.6% at 6.50 pence, 12-month range 4.50p - 12.00p. Swings to a pretax profit in the half-year ended July 3 as revenue nearly triples. The Lebanese restaurant owner swings to a pretax profit of GBP1.3 million from a loss of GBP1.2 million the previous year. Revenue nearly triples to GBP14.5 million from GBP5.6 million year-on-year. Chair Beatrice Lafon says the results highlight the company's "resilience" against challenges including Brexit, Covid-19 and the war in Ukraine, which she says have continued to weigh on costs, labour availability, and customer footfall. Adds the company is "cautious" about the immediate-term outlook due to rising costs and inflationary pressures. Nonetheless, remains "optimistic" about the longer-term prospects.

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AIM - LOSERS

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Biome Technologies PLC, down 64% at 61.00 pence, 12-month range 53.50p - 441.12p. The bioplastics and radio frequency technology firm admits that full-year revenue will be "substantially" below current market expectations. Adds that this drop in revenue will have a consequential "substantial" impact on its result before interest, tax, depreciation, amortisation. "Growth has been limited in both divisions in the first half by ongoing supply challenges. The trading environment for Biome Bioplastics is becoming more difficult with a number of factors impacting our revenue expectations for this year and 2023," explains Biome's chief executive. In the first half of 2022, Biome narrows its pretax loss marginally to GBP667,000 from GBP700,000 the previous year, though revenue falls to GBP2.4 million from GBP2.6 million.

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Polarean Imaging PLC, down 17% at 45.50 pence, 12-month range 35.00p - 113.00p. US Food & Drug Administration requests additional information from Polarean's xenon-129 gas blend drug manufacturing partner. Polarean's investigational drug‑device combination product uses hyperpolarised xenon-129 gas to enhance magnetic resonance imaging in pulmonary medicine. The request relates to a recent current good manufacturing practice pre-approval inspection at the partner's production facility. US FDA suggests that the information would constitute a "major amendment" to the new drug application that would allow for the FDA to grant a 90-day extension to the review timeline. Polarean says its drug manufacturing partner will address the concerns.

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Osirium Technologies PLC, down 17% at 5.00 pence, 12-month range 4.50p - 25.00p. Widens pretax loss but ups revenue in the first half of 2022. In the six months to June 30, the cybersecurity and IT automation software firm posts a loss of GBP1.7 million, widened from GBP1.6 million the previous year. Revenue, meanwhile, rises to GBP909,577 from GBP736,711 - a record for Osirium. As a result, company is "confident" in achieving its full-year revenue expectations. Chief Executive David Guyatt says the firm is "vigilant" around costs and is taking steps to "rationalise its cost base without compromising our sales and marketing momentum."

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By Heather Rydings; heatherrydings@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
Today 11:46

Polarean gets new polariser order from Cincinnati Children's

(Sharecast News) - Polarean Imaging announced a new polariser order to replace the research polariser at Cincinnati Children's Hospital Medical Center on Friday.

Read more
16 Apr 2024 20:16

TRADING UPDATES: Nexteq confident of meeting full-year expectations

(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
29 Feb 2024 14:28

Polarean Imaging shares sink after announcing a costly strategic plan

(Alliance News) - Polarean Imaging PLC shares dropped on Thursday, after the company said it would need to find an additional USD10 million to finance its medium-term ambitions.

Read more
15 Jan 2024 11:21

IN BRIEF: Polarean Imaging strategic parter raises stake to above 10%

Polarean Imaging PLC - London-based developer of medical imaging devices providing magnetic resonance imaging of the lungs - Strategic partner NUKEM Isotopes GmbH buys 9.5 million Polarean shares from Amati Global Investors Ltd, raising its stake to 10.5% from 6.1%. Alzenau, Germany-based NUKEM is a trading company in stable isotopes and noble gases. Amati retains a 4.6% stake in Polarean, down from its last reported level of 9.8%. The shares purchased by NUKEM are worth GBP725,800 at Polarean's current market price.

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7 Dec 2023 16:01

Polarean gets first de novo order for Xenoview polariser

(Sharecast News) - Lung-focussed MRI technology developer Polarean Imaging said in an update on Thursday that it has received its first de novo order for a new Xenoview polariser.

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7 Dec 2023 12:14

IN BRIEF: Polarean shares jump on Xenoview polariser order

Polarean Imaging PLC - London-based medical imaging technology developer - Receives its first de novo order for a new Xenoview polariser from an unnamed "top-tier" academic medical centre located in the northeast of the US. Polarean says it continues to have positive meetings and is in active negotiations with additional academic medical centres. Xenoview is a hyperpolarised contrast agent for use with magnetic imaging for the evaluation of lung ventilation in adults and paediatric patients aged 12 years and older. It was approved for use in the US last year.

Read more
7 Dec 2023 11:11

AIM WINNERS & LOSERS: Smart Metering accepts offer; order for Polarean

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

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8 Sep 2023 14:12

Polarean Imaging enters strategic partnership with VIDA Diagnostics

(Sharecast News) - Advanced MRI technology specialist Polarean Imaging announced a strategic partnership with a clinical imaging intelligence company VIDA Diagnostics on Friday.

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8 Sep 2023 10:27

Polarean Imaging partners with Vida Diagnostics on MRI solutions

(Alliance News) - Polarean Imaging PLC on Friday said that it has partnered with Vida Diagnostics Inc to work on advanced magnetic resonance imaging solutions for the lungs.

Read more
7 Sep 2023 14:26

TRADING UPDATES: Polarean withdraws commercial targets on revenue drop

(Alliance News) - (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 Sep 2023 11:20

AIM WINNERS & LOSERS: CVS plunges on CMA vet probe; Angle ascends

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

Read more
5 Sep 2023 19:42

IN BRIEF: Polarean Imaging announces code price range for Xenoview

Polarean Imaging PLC - London-based medical imaging technology developer - Announces that following statement on August 29, the reimbursement code for the Polarean Xenoview technology has been assigned to a new technology ambulatory payment classification code which corresponds to a payment range of between USD1,201 to USD1,300 as part of the 2023 medicare hospital outpatient prospective payment system final rule. Notes the codes enables healthcare providers a path to bill for "magnetic resonance imaging with inhaled hyperpolarised xenon-129 contrast agent, chest, including preparation and administration of agent."

Read more
31 Aug 2023 15:52

UK earnings, trading statements calendar - next 7 days

Friday 1 September 
Diversified Energy Co PLCHalf Year Results
Monday 4 September 
Ashtead Technology Holdings PLCHalf Year Results
Belvoir Group PLCHalf Year Results
Tuesday 5 September 
Alumasc Group PLCFull Year Results
Ashtead Group PLCQ1 Results
Blackbird PLCHalf Year Results
Craneware PLCFull Year Results
DS Smith PLCTrading Statement
Ecora Resources PLCHalf Year Results
Eurocell PLCHalf Year Results
Gamma Communications PLCHalf Year Results
GetBusy PLCHalf Year Results
Headlam Group PLCHalf Year Results
Johnson Service Group PLCHalf Year Results
Luceco PLCHalf Year Results
Michelmersh Brick Holdings PLCHalf Year Results
Midwich Group PLCHalf Year Results
Pebble Group PLCHalf Year Results
Shearwater Group PLCFull Year Results
SigmaRoc PLCHalf Year Results
STV Group PLCHalf Year Results
Tissue Regenix Group PLCHalf Year Results
Wednesday 6 September 
Apax Global Alpha LtdHalf Year Results
Ashmore Group PLCFull Year Results
Bakkavor Group PLCHalf Year Results
Barratt Developments PLCFull Year Results
Darktrace PLCFull Year Results
Halfords Group PLCTrading Statement
Hochschild Mining PLCHalf Year Results
M Winkworth PLCHalf Year Results
Malin Corp PLCHalf Year Results
Nexteq PLCHalf Year Results
Oxford Nanopore Technologies PLCHalf Year Results
Restaurant Group PLCHalf Year Results
WH Smith PLCTrading Statement
Thursday 7 September 
Angle PLCHalf Year Results
Beazley PLCHalf Year Results
Cairn Homes PLCHalf Year Results
Currys PLCTrading Statement
Direct Line Insurance Group PLCHalf Year Results
Energean PLCHalf Year Results
Funding Circle Holdings PLCHalf Year Results
Genus PLCFull Year Results
Hilton Food Group PLCHalf Year Results
Inspecs Group PLCHalf Year Results
International Public Partnerships LtdHalf Year Results
Lords Group Trading PLCHalf Year Results
Melrose Industries PLCHalf Year Results
Mpac Group PLCHalf Year Results
Playtech PLCHalf Year Results
Polarean Imaging PLCHalf Year Results
Safestore Holdings PLCTrading Statement
Synthomer PLCHalf Year Results
Vistry Group PLCHalf Year Results
WAG Payment Solutions PLCHalf Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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29 Aug 2023 14:22

Polarean's Xenoview gets US reimbursement code

(Sharecast News) - Medical device developer Polarean Imaging announced on Tuesday that its Xenoview technology has been granted a new reimbursement code by the US Centers for Medicare and Medicaid Services (CMS).

Read more
29 Aug 2023 11:36

IN BRIEF: Polarean Imaging product cleared for US Medicare payments

Polarean Imaging PLC - London-based medical imaging technology developer - Says the US Centers for Medicare & Medicaid Services has established a new reimbursement code for Polarean's Xenoview or 'xenon XE 129' magnetic resonance imaging technology. Code "enables healthcare providers a path to bill for 'magnetic resonance imaging with [the] inhaled hyperpolarised xenon-129 contrast agent...including preparation and administration of agent'." Polarean expects to be informed of the new code's payment level "in the coming weeks".

Read more

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