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Small cap round-up: Adventis, Alexon, Somero...

Thu, 27th Jan 2011 17:48

Marketing agency Adventis' healthcare business has experienced a 'very considerable' downturn and will post a £0.26m loss for the full year. Full year results may also contain a significant goodwill impairment charge. For the full year underlying profits will be approximately £0.45m.Clothing group Alexon's sales over the five weeks period to 22 January rose by 13.3% as trading recovered well following the extreme weather conditions in December 2010. The group expects to deliver profit before tax of between £0.7m and £1.0m for the year to end January. The technical bank covenant infringement has also been resolved,Floor levelling equipment specialist Somero says conditions remain soft in North America and Europe, but emerging markets business has partly helped to offset this. Sales of refurbished machines have run ahead of expectations. "We believe that 2010 represented the low-point for conditions in our mature markets of North America and Europe, and look forward to an improvement this year, "Somero said. Software group Sopheon's total revenues for 2010 are expected to exceed market expectations of £10m(2009: £8.3m). Early indications are that the EBITDA result will also comfortably exceed market expectations of £900,000 (2009: £195,000 EBITDA loss). "Going into 2011 we are encouraged by the strength of our sales pipeline, which remains very active," it added. Sterling Energy has recovered drill-pipe to almost 2,000 metres at Sangaw North block in Kurdistan. This allows it to side-track in the open hole below the existing casing shoe and drill a new wellbore to the planned casing point with the same 8.5 inch hole size as the original wellbore. This configuration will permit the well to reach its original target depth and test the potential of the Jurassic formations.Green technology group TEG's revenues in 2010 grew again but a delay in receiving the order for the fourth Greater Manchester plant means it will not meet market forecasts. Underlying trading losses for 2010 will be of a similar level to those reported for the year ended 31 December 2009. The group's cash balance continues to remain very healthy, closing significantly higher than the market forecast.Tertiary Minerals is satisfied with the latest results from Storuman Project. All 14 holes hit fluorspar mineralisation of economic significance. "Results are in line with its expectations and we look forward to announcing the JORC Mineral Resource Estimate for the project at the end of this quarter," it added.
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TRADING UPDATES: Gaming Realms, Northcoders revenue up; Boku wins deal

(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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1 Sep 2022 21:55

TRADING UPDATES: Kropz gets more cash; Audioboom releases new podcasts

(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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24 Aug 2022 08:56

Sopheon swings to loss due to deferred revenue recognition

(Alliance News) - Sopheon PLC on Wednesday reported a swing to interim loss, due to weaker revenue, as a result of deferred revenue recognition.

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16 Aug 2022 15:00

Sopheon inks five-year, $11m deal with US Navy

(Sharecast News) - Enterprise software company Sopheon announced on Tuesday that Team Submarine, a group of submarine programmes within the US Navy's Naval Sea Systems Command (NAVSEA), would use its flagship 'Accolade' product to modernise a number of processes in the engineering and training for new submarines.

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16 Aug 2022 10:54

AIM WINNERS & LOSERS: Sopheon wins deal, Tremor profit falls

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

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16 Aug 2022 09:57

Sopheon shares up on USD11.2 million contract with US navy

(Alliance News) - Shares in Sopheon PLC were up on Tuesday as it said that it has entered an USD11.2 million, five-year contract with the US Navy's submarines.

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9 Jun 2022 16:05

Sopheon positive on transition to SaaS-focussed model

(Sharecast News) - Enterprise software company Sopheon updated the market on its outlook on Thursday, as its recent acquisition of Solverboard accelerated our software-as-a-service (SaaS) strategy.

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9 Jun 2022 15:47

IN BRIEF: Sopheon ups recurring revenue and new customer wins

Sopheon PLC - Minnesota, US-based enterprise software provider - Since the start of 2022, company has sealed six new customer wins, compared to 10 in the whole of 2022. Annual recurring revenue in the five months to the end of May rises to USD21.7 million from USD19 million a year ago. Gross retention holds above 98% on a year-to-date basis. Sopheon explains that a lower share of one-off revenue contributions from perpetual and consulting sales in the year-to-date means that full year visibility for 2022 revenue is currently at USD28 million, a similar level to this time last year.

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18 May 2022 15:25

Sopheon buys Solverboard in deal worth an initial £0.75m

(Sharecast News) - Enterprise software company Sopheon announced the acquisition of the business and assets of Solverlink on Wednesday, a UK-based cloud business trading as Solverboard.

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18 May 2022 12:16

Sopheon accelerates growth strategy with Solverboard acquisition

(Alliance News) - Provider of software and services Sopheon PLC on Wednesday said it has acquired cloud-based business Solverboard.

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TRADING UPDATES: Financials Acquisition raises GBP150 million in IPO

(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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24 Mar 2022 14:37

EARNINGS UPDATES: Annual profit surges for US Solar Fund and Atalaya

(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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17 Mar 2022 16:29

UK earnings, trading statements calendar - next 7 days

Friday 18 March  
ContourGlobal PLCFull Year Results
Essentra PLCFull Year Results
Eurocell PLCFull Year Results
Investec PLCTrading Statement
J D Wetherspoon PLCHalf Year Results
S4 Capital PLCFull Year Results
Monday 21 March 
Photo-Me International PLCFull Year Results
Spectral MD Holdings LtdFull Year Results
Sthree PLCTrading Statement
Tuesday 22 March 
Alliance Pharma PLCFull Year Results
BioPharma Credit PLCFull Year Results
Circassia Group PLCFull Year Results
Diaceutics PLCFull Year Results
Diurnal Group PLCFull Year Results
IQGeo Group PLCFull Year Results
Longboat Energy PLCFull Year Results
Luceco PLCFull Year Results
MaxCyte IncFull Year Results
MP Evans Group PLCFull Year Results
Oxford Nanopore Technologies PLCFull Year Results
Pebble Group PLCFull Year Results
Real Estate Investors PLCFull Year Results
Sabre Insurance Group PLCFull Year Results
ScS Group PLCHalf Year Results
Softcat PLCHalf Year Results
Staffline Group PLCFull Year Results
Trustpilot Group PLCFull Year Results
YouGov PLCHalf Year Results
Zotefoams PLCFull Year Results
Wednesday 23 March 
Dignity PLCFull Year Results
ECSC Group PLCFull Year Results
Henry Boot PLCFull Year Results
Judges Scientific PLCFull Year Results
Pendragon PLCFull Year Results
Saga PLCFull Year Results
SigmaRoc PLCFull Year Results
Thursday 24 March 
Arbuthnot Banking Group PLCFull Year Results
Atalaya Mining PLCFull Year Results
Big Technologies PLCFull Year Results
Biome Technologies PLCFull Year Results
Bonhill Group PLCFull Year Results
Bridepoint Group PLCFull Year Results
CVS Group PLCHalf Year Results
Energean PLCFull Year Results
EnQuest PLCFull Year Results
Eve Sleep PLCFull Year Results
International Public Partnerships LtdFull Year Results
Kin & Carta PLCFull Year Results
Next PLCFull Year Results
Safestyle UK PLCFull Year Results
Secure Trust Bank PLCFull Year Results
Sopheon PLCFull Year Results
Starwood European Real Estate LtdFull Year Results
WAG Payment Solutions PLCFull Year Results
  
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TRADING UPDATES: Cordiant raises GBP200 million; Home REIT spends

TRADING UPDATES: Cordiant raises GBP200 million; Home REIT spends

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25 Jan 2022 11:38

Sopheon set for strong full-year revenue growth

(Sharecast News) - Enterprise management software and service provider Sopheon said in a trading update on Tuesday that revenue for 2021 would exceed $34m, up from $30m in 2020.

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