focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSupply@me Cap Share News (SYME)

Share Price Information for Supply@me Cap (SYME)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.0199
Bid: 0.0185
Ask: 0.0199
Change: -0.0053 (-21.63%)
Spread: 0.0014 (7.568%)
Open: 0.02
High: 0.02
Low: 0.019
Prev. Close: 0.0245
SYME Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EARNINGS: Supply@Me loss narrows; notes strong pipeline

Fri, 29th Sep 2023 14:35

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

----------

Thor Energy PLC - London-based uranium and vanadium explorer - Says pretax loss narrows to GBP520,000 in its financial year ended June 30, from GBP1.3 million the year prior. Declares no dividend for the year.

----------

Pineapple Power Corp - cash shell with a focus on acquisitions in clean and renewable energy sectors - Says pretax loss widens to GBP238,797 in the first half of 2023, from GBP186,763 the year prior. Posts no revenue for the period, unchanged from a year ago. Director Claudio Morandi says financial 2023 was "solely focused on the search and identification of a suitable acquisition in the renewable or clean energy sector."

----------

Orosur Mining Inc - South America-focused minerals explorer and developer - Says net loss for continuing operations widens to USD1.7 million in the year ended May 31, from USD1.4 million a year ago. Says total comprehensive loss widened to USD2.4 million, from USD1.4 million. Chair Louis Castro says: "During the period, the company focused on exploration at El Pantano and at Ariquemes which have both produced positive results, whilst progressing at Anza with negotiations of its joint venture agreement with MMA and with the formation of the new mining company."

----------

Hostmore PLC - West Sussex, England-based owner of casual dining brand Fridays - Says pretax loss narrowed to GBP10.8 million in the first half ended July 2, from GBP17.1 million a year ago. Revenue fell 5.0% to GBP93.6 million from GBP98.5 million but Hostmore takes a much smaller impairment of property, plant and equipment. Chief Executive Julie McEwan says: "The initiatives taken in the first half of 2023 have built a leaner and more focused organisation. As we move through the second half of our financial year, it is encouraging to see the effects of our strategic and operational actions coming through in our results." Chair Stephen Walker says: "We are pleased that the actions taken have dramatically improved the financial outlook of the business, thereby keeping us on the path to repaying all of our borrowings and initiating shareholder distributions."

----------

TruFin PLC - London-based financial technology holding company for niche lenders and early payment providers - Reports that revenue rose to GBP5.9 million in the first half ended June 30, from GBP4.3 million the previous year, partially as a result of growth in its subsidiary Oxygen Finance's core UK early payments market. Says revenue also increased in its Satago, Playstack and Vertus subsidiaries. Says pretax loss widened to GBP6.2 million, from GBP4.8 million due to a one-off impairment loss of GBP1.3 million on its expected sale of its Vertus stake. Chief Executive James van den Bergh says: "We have made positive progress during 2023, with growth across the Group. It was pleasing to successfully conclude TruFin's fundraise in June 2023... The proceeds allowed Playstack to enter into an agreement to develop and licence further games in the Mortal Shell franchise - an exceptional series that the whole team is excited to work on. Playstack's signing of a further multi-million-dollar, multi-year partnership to develop a series of sequel games based on existing published IP is further testament to the momentum within the business."

----------

Supply@Me Capital PLC - fintech platform - Says total loss narrows to GBP2.6 million in the first half of 2023, from GBP6.2 million the year prior. Reports revenue of GBP100,000, compared with no revenue previously. Notes that the revenue is from due diligence fees and platform usage and servicing fees. Says pretax loss from continuing operations narrows to GBP2.4 million, from GBP3.6 million. Chief Executive Alessandro Zamboni says: "The past six months have been productive for Supply@ME, with our team working tirelessly on several key development workstreams. I am delighted with the progress we have made. We've started to build our track record on IMs which have unlocked a significant increase in engagement and interest in the Supply@ME Platform, both in our core markets and further afield. Our pipeline is strong and the experience we have gained continues to streamline the onboarding process."

----------

By Harvey Dorset, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
24 Mar 2023 10:28

SMALL-CAP WINNERS & LOSERS: James Fisher drops as results delayed

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

Read more
20 Jan 2023 10:46

Supply@Me warehoused goods inventories valuation up within pipeline

(Alliance News) - Supply@Me Capital PLC on Friday said there was growth in its client companies' pipeline regarding warehoused goods inventories suitable for monetisation.

Read more
21 Dec 2022 17:44

TRADING UPDATES: Homeserve takeover sanctioned; Ariana finds nickel

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

Read more
21 Oct 2022 16:52

TRADING UPDATES: Custodian REIT sells GBP9.3 million shopping centre

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

Read more
13 Oct 2022 14:35

TRADING UPDATES: Boku partners with DAZN; Immotion signs two contracts

(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
29 Sep 2022 16:14

EARNINGS SUMMARY: HSS Hire reinstates interim dividend, revenue up

(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
12 Sep 2022 10:29

Supply@Me achieves first Inventory Monetisation transaction

(Alliance News) - Supply@Me Capital PLC on Monday confirmed the success of its first transaction for its Inventory Monetisation product.

Read more
18 Aug 2022 12:45

IN BRIEF: Supply@Me raises GBP320,000 in open offer

Supply@Me Capital PLC - London-based inventory monetisation platform - Raises GBP320,885 gross in open offer of 641.7 million shares, and issues 320.9 million open offer warrants. Receives application under excess application facility for 5.3 billion excess shares, which it will scale back pro-rata. Firm's share capital will comprise 42.99 billion shares after the new shares are issued.

Read more
9 Aug 2022 14:30

IN BRIEF: Supply@Me shares up on inventory monetisation transaction

Supply@Me Capital PLC - London-based inventory monetisation platform - Says its client company has signed a binding commitment to carry out its first inventory monetisation transaction. The inventory monetisation solution helps manufacturing and trading businesses generate cash flow, it adds.

Read more
29 Jul 2022 19:36

TRADING UPDATES: Walker Crips assets grow; Minoan interim loss narrows

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

Read more
25 Jul 2022 15:54

DIRECTOR DEALINGS: EnQuest CEO buys 4 million shares in two weeks

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and not separately reported by Alliance News:

Read more
22 Jul 2022 11:15

Supply@Me to raise over GBP320,000 via an open offer to repay loans

(Alliance News) - Supply@Me Capital PLC on Friday said it intends to raise GBP320,855 through an open offer, as part of its "capital enhancement plan".

Read more
18 Jul 2022 19:28

IN BRIEF: Supply@Me raises GBP675,000 via issue of shares

Supply@Me Capital PLC - London-based inventory monetisation platform - Issues third tranche of shares under equity funding facility with Venus Capital SA, with GBP675,000 raised in issue of 1.4 million shares at 0.05 each pence. Will issue Venus one warrant for every two shares in the tranche, for a total of 5.6 million warrants over the three tranches. Warrants are exercisable at 0.065p until December 31 2025. The facility is part of the firm's capital enhancement plan.

Read more
28 Jun 2022 16:36

IN BRIEF: Supply@Me wins up to USD10 million in funding from VeChain

Supply@Me Capital PLC - London-based inventory monetisation platform - Signs a strategic alliance with the VeChain Foundation, a blockchain enterprise service provider, to provide up to USD10 million of funding for its first inventory monetisation transactions.

Read more
28 Jun 2022 10:33

SMALL-CAP WINNERS & LOSERS: Amigo rises on plans to resume lending

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

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.