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 picksThor Energy Share News (THR)

Share Price Information for Thor Energy (THR)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.90
Bid: 0.80
Ask: 1.00
Change: 0.00 (0.00%)
Spread: 0.20 (25.00%)
Open: 0.90
High: 0.90
Low: 0.90
Prev. Close: 0.90
THR Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EARNINGS SUMMARY: Eagle Eye profit up; Litigation Capital optimistic

Tue, 14th Mar 2023 17:39

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

----------

Aptamer Group PLC - York, England-based company which develops custom affinity binders through its Optimer platform to enable new approaches in therapeutics, diagnostics and research applications - Half-year pretax loss in the six months to December 31 widens to GBP3.0 million from GBP1.2 million a year prior, as administrative expenses increase to GBP3.0 million from GBP1.2 million. Revenue falls to GBP1.0 million from GBP1.4 million. Loss per share widens to 3.81 pence from 1.83p. Looking ahead, Aptamer anticipates "significantly" higher revenue in the second half of financial 2023 as some of its current contracted development projects near completion or start secondary phases. Aptamer expects revenue in line with market expectations for the full year.

----------

Berkeley Energia Ltd - clean energy company focused on bringing wholly owned Salamanca project in Spain into production - Turns to interim loss for the six months to December 31 as gain from fair value movements drops. Pretax loss is AUD849,000 - around GBP465,083 - compared to a profit of AUD63.8 million a year ago. Gain from fair value movements drops to AUD633,000 from AUD64.1 million. Looking ahead, company says outlook for nuclear power and uranium market continues to strengthen.

----------

Croma Security Solutions Group PLC - Fareham, England-based security services provider - Pretax profit in the six months to December 31 grows to GBP254,000 from GBP189,000 a year prior, as revenue climbs to GBP3.8 million from GBP3.0 million. Cost of sales widen to GBP2.1 million from GBP1.8 million. Looking ahead, company says it is trading well with potential for further growth. The planned sale of its subsidiary Croma Vigilant, previously announced in December, continues as Croma hopes for this to resolve by the end of the current financial year ending on June 30.

----------

Eagle Eye Solutions Group PLC - London-based marketing solutions provider - Reports pretax profit of GBP855,000 in the six months to December 31, up 48% from GBP578,000 a year ago. Revenue grows to GBP20.0 million from GBP15.1 million. Says entered second half of financial 2023 in a "strong position" with continued annual recurring revenue growth. Adds that it expects revenue and adjusted earnings before interest, tax, depreciation and amortisation for financial 2023 ending June 30 to be ahead of current market expectations. Says the expectations are revenue of GBP37.8 million, up 19% from GBP31.7 million a year ago, and adjusted Ebitda of GBP7.5 million, 15% higher than GBP6.5 million a year before.

----------

Litigation Capital Management Ltd - asset manager specialising in dispute financing solutions - Turns to a pretax loss of USD10.9 million in the six months to December 31, from a profit of USD4.0 million a year ago, as litigation service revenue declines to USD4.7 million from USD19.3 million. Looking ahead, expects more investment opportunities, noting relaxations of moratoriums against insolvency and restructuring disputes. During the Covid pandemic, many governments introduced such moratoriums.

----------

Sovereign Metals Ltd - Perth, Australia-based, Malawi-focused mining company - Pretax loss in the six months to December 31 widens to AUD8.5 million from AUD7.7 million, as exploration and evaluation expenses widen to AUD5.8 million from AUD4.2 million. Company says it is well advanced with the pre-feasibility study for the Kasiya rutile project in Malawi, with the study on track to be completed in the first half of 2023.

----------

Tekmar Group PLC - Darlington, England-based technology and services provider for offshore energy markets - Releases figures for financial year to September 30, compared to 18 months to September 30, 2021, as it changed its financial year. Pretax loss narrows to GBP5.2 million from GBP5.8 million. Revenue falls to GBP30.2 million from GBP47.0 million. Looking ahead, company expects breakeven adjusted earnings before interest, tax, depreciation and amortisation for current financial year 2023, compared to an adjusted Ebitda loss of GBP2.1 million in financial 2022. For financial 2024, anticipates positive adjusted Ebitda.

----------

Thor Energy PLC - US and Australia-focused uranium and energy metals resource company - Pretax loss in the half-year to December 31 narrows to GBP8,000 from GBP783,000 a year ago. Anticipates a positive outlook for gold prices amid the ongoing Russian war in Ukraine. Regarding the Kapunda project, expects approval from South Australia's Department of Energy & Mines in the third quarter of 2023.

----------

By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
17 Nov 2020 17:56

IN BRIEF: Thor Mining Says Conditions Met For Spring Hill Royalty Sale

IN BRIEF: Thor Mining Says Conditions Met For Spring Hill Royalty Sale

Read more
12 Nov 2020 19:17

UK TRADING UPDATE SUMMARY: Clipper Expects 20% Interim Revenue Climb

UK TRADING UPDATE SUMMARY: Clipper Expects 20% Interim Revenue Climb

Read more
11 Nov 2020 16:18

Thor Mining increases interest in Australia's EnviroCopper

(Sharecast News) - Thor Mining has increased its equity interest in private Australian company EnviroCopper (ECL), it announced on Wednesday, to 30%.

Read more
11 Nov 2020 14:16

IN BRIEF: Thor Mining Ups Interest In Australia's EnviroCopper To 30%

IN BRIEF: Thor Mining Ups Interest In Australia's EnviroCopper To 30%

Read more
4 Nov 2020 15:03

UK TRADING UPDATE SUMMARY: Outsourcing In EUR318 Million Deal For CPL

UK TRADING UPDATE SUMMARY: Outsourcing In EUR318 Million Deal For CPL

Read more
21 Oct 2020 11:45

Sampling Confirms Visible Gold At Thor Mining's Pilbara Project

Sampling Confirms Visible Gold At Thor Mining's Pilbara Project

Read more
21 Oct 2020 10:37

UK WINNERS & LOSERS SUMMARY: Centamin Loses 20% On 2021 Guidance

UK WINNERS & LOSERS SUMMARY: Centamin Loses 20% On 2021 Guidance

Read more
14 Oct 2020 05:49

IN BRIEF: Thor Mining Completes Follow Up Gold Sampling At Pilbara

IN BRIEF: Thor Mining Completes Follow Up Gold Sampling At Pilbara

Read more
13 Oct 2020 16:03

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
8 Oct 2020 20:01

IN BRIEF: Thor Mining Plans Further Sampling Program At Pilbara

IN BRIEF: Thor Mining Plans Further Sampling Program At Pilbara

Read more
5 Oct 2020 19:23

UK TRADING UPDATE SUMMARY: Staffline Pens New Deal, Extends Tesco Pact

UK TRADING UPDATE SUMMARY: Staffline Pens New Deal, Extends Tesco Pact

Read more
30 Sep 2020 21:13

UK EARNINGS SUMMARY: Gama Aviation Interim Loss Widens As Revenue Down

UK EARNINGS SUMMARY: Gama Aviation Interim Loss Widens As Revenue Down

Read more
22 Sep 2020 21:25

IN BRIEF: Thor Mining Secures Australia Tax Refund

IN BRIEF: Thor Mining Secures Australia Tax Refund

Read more
15 Sep 2020 13:27

Thor Mining raises £1.065m to help fund Pilbara work

(Sharecast News) - Thor Mining announced a strategic financing of £1.065m on Tuesday, to allow the acceleration of its project interests - primarily the Ragged Range gold and nickel prospects in the Pilbara region of Western Australia.

Read more
15 Sep 2020 12:14

Thor Mining Secures GBP1.1 Million From Metal Tiger, Other Investors

Thor Mining Secures GBP1.1 Million From Metal Tiger, Other Investors

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.