The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPhysiomics Share News (PYC)

Share Price Information for Physiomics (PYC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.30
Bid: 1.20
Ask: 1.40
Change: -0.20 (-13.33%)
Spread: 0.20 (16.667%)
Open: 1.25
High: 1.30
Low: 1.05
Prev. Close: 1.50
PYC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: CentralNic revenue doubles; Augean swing to profit

Mon, 01st Mar 2021 11:22

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

----------

CentralNic Group PLC - London-based domain name registry and registrar services firm - 2020 revenue more than doubles to USD241.2 million from USD109.2 million in 2019, though pretax loss widens to USD9.4 million from USD6.6 million. Net finance costs surge to USD9.8 million from USD3.9 million. "In 2020 CentralNic delivered higher revenue than for the whole of the last five years combined and reported 9% revenue growth on a pro forma basis. Management is pleased with the achievement of strong results in 2020, in line with management expectations," says CentralNic. Adds that pipeline of future deals remains strong with net debt level "comfortable".

----------

Augean PLC - Wetherby, West Yorkshire-based waste management company - Says 2020 revenue down at GBP91.7 million from GBP107.1 million in 2019, though swings to pretax profit of GBP16.4 million from GBP15.3 million loss as it takes GBP1.8 million landfill tax assessment credit versus charge of GBP26.2 million the year before. Says pleasing start to trading has been made in the first few weeks of 2021 with results in line with expectations. The board will not pay a dividend for 2020 but is proposing a return to paying dividends in 2021.

----------

Global Invacom Group Ltd - Singaporean provider of satellite communications equipment and electronics - Revenue for 2020 falls 23% to USD103.1 million but swings to pretax profit of USD3.1 million from loss of USD12.5 million in 2019. Cost of sales falls 30% while administrative expenses fall 16%. What's more, in 2019 the company had recognised impairment costs in the Shanghai manufacturing facility following the relocation of its operations to third-party contract manufacturers. "Despite the many headwinds faced during 2020, our strategic direction remains unchanged, and, whilst early in the year, we are well positioned for a constructive 2021, as the global economy recovers and the demand for uninterrupted connectivity and data expands," says Executive Chair Tony Taylor.

----------

Croma Security Solutions Group PLC - AIM listed total security services provider - Reports revenue of GBP16.4 million for six months to December 31, slipping 5.7% from GBP17.4 million a year ago. As a result, pretax profit falls 31% to GBP479,000 from GBP690,000. Says this was a "good performance in a challenging period for all operating divisions". Notes that positive trading patterns have continued into the second half of the year, and it is well-placed for a "satisfactory" full-year result. "Reflecting the current environment and the continued uncertainties in connection to the global pandemic, the board has decided not to pay an interim dividend and will instead decide on the level of the final dividend payment for this financial year on completion of the 12-month period," firm says.

----------

Craneware PLC - financial software provider - Revenue for first half ended December 31 is USD38.0 million, up 5.8% from USD35.9 million a year ago, with pretax profit rising 3.1% to USD9.9 million from USD9.6 million. Says positive performance in first half provides a "strong foundation" for future growth. "The first half's positive sales performance has continued with ongoing pipeline growth, a growing Trisus customer base, expanding offering and clear market need. While cognisant of the challenges presented by the macro environment, we are confident in the continued positive performance of the business and accelerated growth rates moving forward," firm says.

----------

AFC Energy PLC - provider of hydrogen power generation technologies - Posts pretax loss of GBP4.8 million for financial year ended October 31, wider than loss of GBP3.6 million reported the year before. No revenue either year. Says confirmed initial order book of GBP1.1m at year end, with strong pipeline of commercial orders across prospective partners and distributors currently under development. Year-end cash balance is GBP31.6 million, versus just GBP1.6 million a year ago. "Our outlook for the coming year is one of confidence, with both governmental policies and industry sentiment driving sustainable change in our key target markets. The company's stronger balance sheet position enables us to invest in our people, products and technology and we therefore expect cash burn to increase in the coming year to deliver and grow our order book," says Chief Executive Adam Bond. Adds that John Rennocks intends to retire as non-executive chair, and to step down from the board, following the company's upcoming annual general meeting.

----------

Ruffer Investment Co Ltd - makes actively managed investments, mainly in conventional assets, without reference to benchmarks - Says net asset value per share 260.56p at end of December versus 245.81p at end of June, giving net asset total return of 6.4%. "The 2020 calendar year share price return of 17.8%, and NAV return of 13.5%, contributed to a compound annual NAV return of 7.5% since the company listed in 2004, compared to 6.8% per annum from the FTSE All-Share Total Return Index," Ruffer notes.

----------

MTI Wireless Edge Ltd - Israel-based communication and radio frequency solutions firm - Revenue in 2020 grows 2% to USD40.9 million form USD40.0 million in 2019, with pretax profit up 19% to USD4.1 million, helped by the "increasing scale of the group and lower expenditure associated with reduced travel and marketing costs". MTI comments: "There were inevitable delays in transportation and business processes, with some markets largely closed for parts of the year which reduced sales. Conversely, some markets traded with very little interruption. However, the net trading outcome was positive leaving the company to enter 2021 in a strong financial position and well placed to continue to pursue opportunities across all three divisions" MTI says it will continue to seek to expand through a mix of acquisitions and organic growth.

----------

Physiomics PLC - oncology consultant based in Oxford - Revenue in half-year to December 31 edges up 5.8% to GB363,000 from GBP343,000 year-on-year, with pretax loss widening slightly to GBP132,000 from GBP118,000. "The second half revenues for the last two financial years have significantly exceeded those of the first half and the board expects this trend to continue in the current financial year," Physiomics says.

----------

Greencoat Renewables PLC - renewable energy company with offices in London and Dublin - Says 2020 generation increases 22% to 1,404 gigawatt hours, 3% below budget, while net cash generation increases 26% to EUR66.4 million. Net asset value per share 101.0 cents at December-end, versus 103.1 cents at end of 2019. "Despite negative inflation in the short term, I am pleased to confirm our target 2021 dividend will remain at 6.06 cent, consistent with our strategy of having a progressive dividend policy," says Non-Executive Chair Ronan Murphy.

----------

Quartix Holdings PLC - vehicle tracking systems supplier - Revenue for 2020 is up 0.8% to GBP25.8 million, though pretax profit falls 12% to GBP5.7 million. Quartix takes GBP1.6 million provision in respect of the swap out of 3G fleet units in the US. Declares final dividend of 17.7p, up from 10p in 2019, which includes a supplementary dividend of 15.30p and brings total payout to 21.07p. "The group has made a strong start to the year, in line with our expectations. Given the success that Quartix has achieved in its core fleet markets, and considering the broader market opportunity available to it, the group intends to invest a larger proportion of its profits on sales and marketing during 2021 to capitalise further on the profitable subscription platform it has created by accelerating growth in its fleet subscription base," Quartix says.

----------

GlobalData PLC - London-based data analytics and consulting - Revenue for 2020 flat at GBP178.4 million but pretax profit jumps to GBP28.6 million from GBP8.0 million, with margin strengthening to 16% from 4%. Says renewal rates remained strong through the year and subscription sales gathered momentum through the second half contributing to subscription revenue growth of 7% for the full year. These positive trends resulted in 9% growth in invoiced forward revenue as at 31 December 2020 to GBP92.7 million. Separately says it has appointed Catherine Birkett as a non-executive director and she will join start of next week. She is currently chief financial officer of GoCardless Ltd, a fintech business.

----------

Seplat Petroleum Development Co PLC - Nigerian oil & gas company - Says revenue for 2020 is USD530.5 million, down 24% on USD697.8 million in 2019. Swings to pretax loss of USD80.2 million, however, from profit of USD293.0 million year before. Takes USD144.3 million impairment of assets, up sharply from USD48.6 million the year ago. Working-interest production within guidance at 51,183 barrels of oil equivalent per day, despite demand fall and OPEC+ quotas. Expects to produce around 48,000 to 55,000 barrels per day in 2021.

----------

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
21 Jun 2018 09:17

Physiomics Expects Annual Loss To Be "Materially Reduced"

LONDON (Alliance News) - Physiomics PLC said Thursday it is trading "ahead of market expectations" for its financial year to the end of June.The company, which provides technology

Read more
23 May 2018 12:44

Physiomics Raises GBP525,000 Via Placing For Expansion (ALLISS)

LONDON (Alliance News) - Physiomics PLC on Wednesday said that it raised GBP525,000 through share placing to grow the business and expand its client base.The biotechnology company issued at

Read more
14 Mar 2018 12:42

Physiomics Awarded New GBP68,000 Innovate UK Grant For Cancer Project

LONDON (Alliance News) - Physiomics PLC said Wednesday it has been awarded a new Innovate UK Grant worth GBP68,000 for a prostate cancer -

Read more
12 Mar 2018 11:34

Physiomics Successfully Completes Innovate UK Grant Project

LONDON (Alliance News) - Physiomics PLC said Monday it has successfully completed the Innovate UK grant cancer treatment project, receiving in funding the

Read more
11 Jan 2017 14:22

Physiomics makes 'good progress' towards objectives

(ShareCast News) - Physiomics announced on Wednesday that it is making good progress towards the strategic objectives announced in its most recent full year results, posted on 27 October 2016. The AIM-traded firm announced an initial payment by Sareum on 5 December, for modelling carried out by the

Read more
6 Jan 2017 12:28

Physiomics receives Innovate UK grant for cancer treatment project

(ShareCast News) - Systems biology company Physiomics confirmed on Friday that is has been awarded the Innovate UK grant as part of its Biomedical Catalyst 2016 Feasibility Study Competition that was the subject of a provisional announcement on 22 November. The AIM-traded firm said the proposed proj

Read more
22 Nov 2016 10:57

Physiomics Provisionally Awarded Innovate UK Grant

Read more
27 Oct 2016 14:15

Physiomics Annual Loss Widens After Incurring Additional Costs

Read more
21 Sep 2016 10:43

Physiomics raises £555,000 after shelving BioMoti acquisition

(ShareCast News) - AIM listed Physiomics has called off its BioMoti acquisition after investors instead backed plans to develop its modelling and simulation business with a £555,000 discounted fundraising. Physiomics, which develops software to help drug companies predict and understand cancer drug

Read more
16 May 2016 07:26

Physiomics Signs Two Extensions On Virtual Tumour Project

Read more
3 May 2016 07:39

Physiomics Appoints Andrew Clayden As Part-Time Head Of Finance

Read more
18 Apr 2016 13:41

James Millen takes the helm at Physiomics

(ShareCast News) - Physiomics had a new man at the helm on Monday, confirming Dr James Millen was taking the reins as CEO with immediate effect. The AIM-traded company said Millen, known as Jim, brought experience of drug development and licensing deals in global pharmaceutical companies with him.

Read more
18 Apr 2016 08:51

Physiomics Names James Millen As Chief Executive

Read more
4 Apr 2016 11:24

Physiomics Inks Further Contract With Speciality Pharma Customer

Read more
31 Mar 2016 10:11

Physiomics To Buy BioMoti And Raise Funds As CEO Steps Down (ALLISS)

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.