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Share Price Information for Thor Energy (THR)

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Share Price: 0.90
Bid: 0.80
Ask: 1.00
Change: -0.15 (-14.29%)
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Open: 1.05
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EARNINGS: dotdigital eyes rosy future; Beeks Financial turns to profit

Tue, 05th Mar 2024 20:43

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

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Beeks Financial Cloud Group PLC - Glasgow-based cloud computing and connectivity provider - Swings to pretax profit of GBP158,000 in the six months to December 31, from a loss of GBP762,000 a year prior. Revenue climbs 25% to GBP13.0 million from GBP10.4 million. Cost of sales increase 31% to GBP8.2 million from GBP6.2 million, while admin expenses decrease 4.2% to GBP4.7 million from GBP4.9 million. Looking ahead, Chief Executive Officer Gordon McArthur says the company is confident as it was underlining "the size of the opportunity we are addressing. Financial markets are still only at the start of the journey to the cloud. With our proven offering and growing tier 1 customer base, which includes some of the largest financial organisations in the world, as well as our increasing profit margins and cash generation, we have never been better placed to seize the opportunity. Our focus for the second half remains the conversion of our significant pipeline."

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dotdigital Group PLC - London-based online marketing company - Pretax profit edges down negligibly to GBP7.38 million in the six months to December 31, from GBP7.42 million a year prior. Revenue however grows 15% to GBP38.7 million from GBP33.8 million. Cost of sales increase 14% to GBP8.0 million from GBP7.1 million. Administrative expenses increase 16% to GBP22.4 million from GBP19.2 million. Looking ahead, the company says it enters the second financial half "with good trading momentum and the ability to attract higher value deals, underpinned by continuous product enhancements to drive cross- and up-sells from the existing base." It adds: "We remain confident in the group's ability to continue to execute against its stated strategy and meet market expectations."

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MaxCyte Inc - Maryland, US-based provider of cell engineering platform technologies developing "next-generation cell therapeutics" - Confirms 2023 results it had announced in January. Further, expects core revenue growth of between none and 5% in 2024 compared to 2023. Expects strategic platform license programme-related revenue of around USD3 million for the year, down sharply from USD11.4 million in 2023. CEO Maher Masoud says: "As we continue to expand our SPL portfolio this year, we remain confident in our ability to support our current and prospective clients as new waves of next-generation cell therapies come to market."

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Origin Enterprises PLC - Dublin-based agronomy services firm - Pretax profit dives 96% to EUR5.3 million in the six months to January 31, from EUR13.3 million a year prior. Revenue drops 28% to EUR854.9 million from EUR1.18 billion. Notes an expected correction in global feed and fertiliser raw materials regarding decline in revenue. Despite the results, maintains interim dividend at 3.15 euro cents per share. Looking ahead, says on-farm sentiment remains cautious as growers shift towards spring planting and seek to optimise yields from a reduced autumn/winter planted area. Further, expects financial 2024 earnings per share between 44 and 49 euro cents, reflecting adverse weather. This compares to EPS of 45.24c Origin Enterprises had reported for financial 2023.

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Thor Energy PLC - US and Australia-focused mineral exploration company - Pretax loss widens to GBP2.3 million in the six months to December 31, from GBP8,000 a year prior. Posts no revenue. Notes costs regarding a write off of exploration assets of around GBP1.9 million in the most recent half-year, compared to no such cost a year prior. Managing Director Nicole Warland says: "After ending the year with consistent high-grade uranium results from our 2023 drilling program, we are optimistic about our 2024 drilling programs as we continue to strategically position our portfolio towards advancing our 'green energy' projects in the US." She adds: "With a strong pipeline of news flow expected for the coming months and project milestones across the portfolio, we anticipate 2024 to provide significant progress in our key assets and we will provide further updates in due course."

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Time Out Group PLC - Global media and hospitality business - Pretax loss narrows 63% to GBP4.6 million in the six months to December 31, from GBP12.5 million a year prior. Revenue falls 2.4% to GBP52.5 million from GBP53.8 million. However, like-for-like revenue in constant currency climbs 6.9% to GBP54.9 million from GBP51.4 million. Time Out says it has made "significant" further progress in driving profitability and operational cash generation. It says it has several potential growth avenues, citing collaboration with leading landlords and developers.

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By Tom Budszus, Alliance News slot editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
2 Mar 2023 13:22

Thor subsidiary starts using innovative geophysical technique

(Sharecast News) - Thor Energy announced on Thursday that its 30%-owned subsidiary EnviroCopper had begun working on an innovative geophysical technique at the Alford West Project in South Australia.

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17 Jan 2023 11:59

IN BRIEF: Thor Mining becomes Thor Energy amid uranium, battery focus

(Alliance News) - Thor Energy PLC - US and Australia-focused uranium and energy metals resource company - Changes name to Thor Energy PLC from Thor Mining PLC to reflect its exploration focus on projects in Australia and the US.

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28 Dec 2022 15:57

UK shareholder meetings calendar - next 7 days

Thursday 29 December 
Amte Power PLCAGM
ADVFN PLCAGM
Genedrive PLCAGM
Hotel Chocolat Group PLCAGM
Lekoil LtdEGM re proposed settlement and name change
Online Blockchain PLCAGM
PetroNeft Resources PLCAGM
SkinBioTherapeutics PLCAGM
Friday 30 December 
Amala Foods PLCAGM
Apollon Formularies PLCAGM
Europa Metals LtdGM re Denarius transaction
Goldplat PLCAGM
Ncondezi Energy LtdAGM
Ross GroupAGM
Secure Property Development & Investment PLCAGM
Time Out Group PLCAGM
Monday 02 January 
no events scheduled 
Tuesday 03 January 
no events scheduled 
Wednesday 04 January 
Thor Mining PLCGM re name change to Thor Energy PLC
Borders & Southern Petroleum PLCGM re fundraising
  
Copyright 2022 Alliance News Ltd. All Rights Reserved.

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21 Dec 2022 13:07

Thor Mining reports uranium drilling results from Colorado

(Sharecast News) - Thor Mining released uranium drilling results from the recently-completed programme at its wholly-owned Wedding Bell and Radium Mountain projects in Colorado on Wednesday.

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21 Dec 2022 12:13

LONDON MARKET MIDDAY: Stocks up as UK housebuilders and retailers rise

(Alliance News) - Stocks in Europe were trading higher by midday on Wednesday, with retailers leading the way in London.

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21 Dec 2022 10:27

Thor Mining initial drilling identifies high uranium prospectivity

(Alliance News) - Thor Mining PLC on Wednesday said initial drilling results showed high uranium prospectivity at two 100% owned projects in Colorado.

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15 Dec 2022 11:43

Thor Mining assay results indicate gold; Novmber gold result was error

(Alliance News) - Thor Mining PLC on Thursday said gold and copper have been reported in drilling results from the Kelly's Prospect at its 100% owned Ragged Range project, but it said a previous positive result had been an error.

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15 Dec 2022 10:31

AIM WINNERS & LOSERS: River access re-opened for PetroTal, shares up

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

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7 Dec 2022 14:25

Thor Mining finds high-grade gold and silver at Ragged Range project

(Alliance News) - Thor Mining PLC on Wednesday said rock chip sampling has identified high-grade gold at its 100% owned Ragged Range project in Eastern Pilbara, Western Australia.

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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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25 Nov 2022 11:20

Thor shares suspended in Sydney ahead of capital raising

(Sharecast News) - Shares in Thor Mining were halted from trading on the ASX in Sydney on Friday morning, the company confirmed, so it could undertake a capital raising.

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25 Nov 2022 11:09

Thor Mining shares in London fall amid trading halt in Australia

(Alliance News) - Thor Mining PLC on Friday said its shares on the Australian Securities Exchange have been halted to undertake a capital raise.

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25 Nov 2022 10:13

AIM WINNERS & LOSERS: IOG restarts production at Saturn Banks Pipeline

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

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24 Nov 2022 13:46

IN BRIEF: Thor Mining signs deal for Molyhil and Bonya tenements

Thor Mining PLC - Australia-focused mineral explorer - Through its wholly-owned subsidiary Molyhil Mining Pty Ltd, signs a heads of agreement with mineral exploration and development company Investigator Resources Ltd. Agreement is signed to fund the exploration of Thor's 100%-owned Molyhil tenements in the Northern Territory of Australia and the sale of Thor's interest in the Bonya tenement.

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10 Nov 2022 15:48

UK shareholder meetings calendar - next 7 days

Friday 11 November 
88 Energy LtdGM proposed resolutions vote
Abcam PLCGM re approval to leave AIM on 14 December
Galliford Try Holdings PLCAGM
Ingenta PLCGM capital allocation
Redrow PLCAGM
Monday 14 November 
DeepVerge PLCGM re conditional placing, conditional subscription and broker offer
Tuesday 15 November 
Berkeley Energia LtdAGM
Biffa PLCGM re proposed takeover by ECP
Craneware PLCAGM
Unicorn AIM VCT PLCAGM
Unicorn Mineral Resources PLCAGM
Wednesday 16 November 
European Opportunities Trust PLCAGM
Finsbury Food Group PLCAGM
GreenX Metals LtdAGM
Jubilee Metals Group PLCAGM
Litigation Capital Management LtdAGM
Marble Point Loan Financing LtdAGM
McBride PLCAGM
Petra Diamonds LtdAGM
Smiths Group PLCAGM
ThinkSmart LtdAGM
Thursday 17 November 
Advance Energy PLCAGM
Aveva Group PLCGM re acquisition by Schneider Electric
Close Brothers Group PLCAGM
Cordel Group PLCAGM
Eagle Eye Solutions Group PLCAGM
Finsbury Food Group PLCAGM
FW Thorpe PLCAGM
Henderson EuroTrust PLCAGM
JD Wetherspoon PLCAGM
Kier Group PLCAGM
New Star Investment Trust PLCAGM
Reabold Resources PLCGM re requisitioned resolutions to remove board
Ricardo PLCAGM
Seraphim Space Investment Trust PLCAGM
Superdry PLCGM re annual and remuneration report
Supermarket Income REIT PLCAGM
Thor Mining PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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