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EARNINGS AND TRADING: Celebrus swings to profit; Aquila revenue flat

Mon, 27th Nov 2023 14:00

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

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Celebrus Technologies PLC - Middlesex, England-based data management platform, formerly known as D4t4 Solutions PLC - Says revenue in the six months to September 30 grew 60% to GBP13.0 million from GBP8.1 million the year before. Swings to pretax profit of GBP252,000 from a GBP1.1 million loss in the first half of financial 2023. Lifts interim dividend by 4.5% to 0.92 pence per share from 0.88p per share a year prior. Looking ahead, it says it is confident in achieving its full year market expectations of GBP32.1 million in revenue and GBP5.4 million in adjusted pretax profit. Chief Executive Officer Bill Bruno says: "Several key steps have been taken to further our strategy in the first half of the financial year. Not only have we delivered the expected results and continue to remain confident in our ability to meet market expectations for the full year, but we have continued to invest in Sales and Marketing and are seeing the positive effects in the form of building pipeline momentum... We continue to focus on driving ARR and our ability to build scalable, single-tenant, cloud-based environments for our Celebrus customers."

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Aquila Services Group PLC - London-based management consultancy services provider - Says revenue in the first half of its financial year ending March 31 is unchanged year-on-year at GBP5.9 million. Pretax profit drops 69% to GBP93,000 from GBP302,000 the year before. Interim dividend remains unchanged YoY at 0.25p per share. Looking ahead, notes a positive outlook for the second half of the year.

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Concurrent Technologies PLC - Essex, England-based designer and manufacturer of computer boards -

Expects to deliver full-year revenue ahead of market expectations of GBP27 million. Says revenue for the six months to December 31 is expected to be "substantially higher" than a year ago, due to the "strength of order intake over the preceding 24 months enabled by the significant investment in product development undertaken to facilitate new customers and design wins." CEO Miles Adcock says: "The performance of the team across the company has been exceptional throughout the year and, coupled with the continued easing of supply chains, we have seen revenue run rates almost double when compared to historical norms. Our success with design wins provides confidence that order intake moving forward will continue the current level of strong performance which will position us well to enjoy further growth through [2024] and beyond.

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San Leon Energy PLC - Nigeria-focused oil and gas production, development and exploration company -

Says it has not received payment of up to USD187 million from Tri Ri Asset Management Corp. Says it continues to work with TRAM to "understand the reasons for the delay and to enable funds to be released." Previously confirmed that all conditions precedent to its investment have been satisfied, and requested draw down of the USD125.0 million convertible secured loan. Says that Tri Ri Asset has confirmed that payment has been made.

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Lexington Gold Ltd - Signs deal with Discovery Drilling for 2,000 metre drill programme at the Bothaville project in Witwatersrand Gold Basin, South Africa. Expects drilling to start in mid-December. Chair Ed Nealon says: "This initial drilling campaign is being undertaken on the very prospective Bothaville NE tenements located 70 km NE of the world-famous Welkom Goldfield. The target is the shallow A-Reef horizon which subcrops at a depth of only 250m. Previous drilling has indicated good grades for the A-Reef and at such a shallow depth this represents a viable target for the economic development of a Witwatersrand reef horizon. This is a very interesting start to Lexington's campaign seeking to discover a new and viable gold reef horizon in a region of obvious gold mineralisation."

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TruSpine Technologies PLC - London Gatwick Airport-based medical device company - Continues to be in talks with the US Food & Drug Administration over its 510(k) application for Cervi-LOK. Last month, the FDA confirmed it had completed the technical screening of TruSpine's 510(k) submission, which was submitted in late July, but sought further clarification on certain matters. The application was placed on technical screening hold "until such time the relevant information requested has been provided to the FDA", adding that the submission could remain on hold until March 25 next year. Cervi-LOK is a screw free spinal stabilisation system.

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By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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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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29 Dec 2022 21:38

IN BRIEF: San Leon notes Decklar's crude oil deal with Edo Refinery

San Leon Energy PLC - oil and gas production, development and exploration in Nigeria - Reports that it is still in"advanced negotiations" for the proposed sale of its non-core investments in DPL. Says that Decklar Resources and its co-venturer Millenium Oil & Gas Co Ltd entered a deal for the delivery of 30,000 barrels of crude oil to the Edo Refinery & Petrochemicals Co Ltd in Edo State, Nigeria. Adds it signed a deal for the delivery of an additional 30,000 bbls of crude oil to a small crude oil refinery in Edo State, following the "successful" delivery of 10,000 bbls.

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23 Dec 2022 14:31

REPEAT: San Leon's DPL seals oil delivery; in talks to sell DPL shares

(Alliance News) - San Leon Energy PLC on Friday said Declar Petroleum Ltd, which it owns 11% of, has completed a 10,000 barrel crude oil delivery.

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23 Dec 2022 14:30

San Leon says DPL completes oil delivery; in talks to sell DPL shares

(Alliance News) - San Leon Energy PLC on Friday said Declar Petroleum Ltd, which it owns 11% of, has completed a 10,000 barrel crude oil delivery.

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2 Dec 2022 19:33

TRADING UPDATES: Time Out eyes Riyadh; MTI Wireless wins deal

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

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28 Oct 2022 11:25

IN BRIEF: San Leon says shareholding Decklar starts loading crude oil

San Leon Energy PLC - oil and gas production, development and exploration in Nigeria - Says Decklar Petroleum Ltd, in which it has an 11% shareholding and to which it has made a USD5.5 million loan, has obtained permits and started loading of crude oil onto trucks at Oza oil field in Nigeria. The crude will be trucked to a processing and sales terminal in Nigeria with which Decklar has entered into an agreement.

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4 Oct 2022 19:58

EARNINGS SUMMARY: Aura Energy, nanosynth loss widens; MiLOC revenue up

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

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20 Sep 2022 21:47

IN BRIEF: San Leon Energy notes delivery by Decklar Petroleum

San Leon Energy PLC - Dublin-based oil & gas exploration company - Notes announcement by Decklar Petroleum Ltd that it has delivered 7,800 barrels of crude oil to the Forcados crude oil export terminal. The 7,800 bbls are ready for export pending the completion of "certain repairs" to the offshore loading system. Notes that an additional 30,000 bbls has been produced from the Oza Oil Field and are currently being stored in tanks at the Oza-1 wellsite in Nigeria.

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2 Sep 2022 14:15

San Leon sees deadline extension ahead of Midwestern merger

(Alliance News) - San Leon Energy PLC on Thursday said that a deadline for a new debt facility has been extended, ahead of its proposed merger with Midwestern Oil & Gas Co Ltd.

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29 Jul 2022 16:07

UK shareholder meetings calendar - next 7 days

Monday 1 August 
Cranswick PLCAGM
Tuesday 2 August 
Caffyns PLCAGM
Syncona LtdAGM
Tanfield Group PLCAGM
Wednesday 3 August 
Block Energy PLCAGM
Molten Ventures PLCAGM
Cambium Global Timberland LtdGM re wind-up
John Wood Group PLCGM re Built Environment sale
Sequoia Economic Infrastructure Income Fund LtdAGM
Edenville Energy PLCAGM
RiverFort Global Opportunities PLCAGM
Conduity Capital PLCAGM
Scirocco Energy PLCAGM
D4t4 Solutions PLCAGM
Thursday 4 August 
Glantus Holdings PLCAGM
Investec PLC and LtdAGM
STM Group PLCAGM
Starcrest Education LtdAGM
Friday 5 August 
JPMorgan Global Core Real Assets LtdAGM
San Leon Energy PLCEGM
San Leon Energy PLCGM
Trian Investors 1 LtdEGM re removal of three current directors
Trian Investors 1 LtdAGM
Verditek PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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25 Jul 2022 19:40

TRADING UPDATES: SSE issues green bond; Bank of Cyprus staff exits

(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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20 Jul 2022 20:50

TRADING UPDATES: Angle hails study find; Eqtec buys plant in France

(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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11 Jul 2022 14:31

IN BRIEF: San Leon Energy's share suspension lifted

San Leon Energy PLC - Dublin-based oil & gas exploration company - Temporary suspension from trading on AIM is lifted, following admission document being published after the market close on Friday.

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8 Jul 2022 13:11

IN BRIEF: San Leon Energy swings to profit in 2021, proposes merger

San Leon Energy PLC - Dublin-based oil & gas exploration company - Records revenue of USD5.7 million in 2021, from none the year before. Swings to a pretax profit of GBP41.5 million from a loss at GBP9.6 million. Profit stems from GBP14.5 million gain from investments and netting GBP16.6 million from the sale of subsidiaries. Expects tailwinds from the recovery of the oil price during 2021 and into 2022.

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1 Jul 2022 20:05

TRADING UPDATES: Capital wins contracts; 4D pharma pauses enrolment

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

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