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Pin to quick picksTlou Energy Share News (TLOU)

Share Price Information for Tlou Energy (TLOU)

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Share Price: 2.00
Bid: 1.90
Ask: 2.10
Change: 0.00 (0.00%)
Spread: 0.20 (10.526%)
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AIM WINNERS & LOSERS: Ethernity Networks soars on follow-up contract

Tue, 20th Sep 2022 10:57

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

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AIM - WINNERS

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Ethernity Networks Ltd, up 51% at 15.82 pence, 12-month range 0.084p - 16.00p. Signs a USD4.6 million follow-on contract with an existing customer operating in India and China. Contract brings total value of contracts with the unnamed customer to USD7.6 million. The semiconductor technology supplier will supply system-on-chip devices to the client, with support for gigabit passive optical networking optical line termination. Firm expects revenue from the contract to be recorded in 2023 and 2024.

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Zoo Digital Group PLC, up 12% at 142.00 pence, 12-month range 96.20p - 150.00p. Reports strong momentum across the business. Revenue in the six months that ended September 30 expected at USD51 million, up from USD26.9 million the previous year. Also expects a "significant" increase in earnings before interest, tax, depreciation and amortisation. The subtitling and dubbing software provider says a strong pipeline of work and "excellent" customer relationships give it "continued and unwavering" confidence moving forward. Zoo Digital will announce its interim results in November.

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Feedback PLC, up 6.6% at 0.69 pence, 12-month range 0.47p - 1.37p. In the year that ended May 31, the medical software and system company reports its highest-ever reported revenue and full-year results "significantly" ahead of market expectations. Revenue more than doubles to GBP588,576 from GBP287,415 the previous year. Pretax loss, however, widens to GBP2.5 million from GBP2.1 million. This reflects investment in the development and roll out of Bleepa, company explains. Bleepa is a clinician-facing platform that displays patient results.

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AIM - LOSERS

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eve Sleep PLC, down 45% at 0.40 pence, 12-month range 0.36p - 3.90p. In the six months that ended June 30, records a widened pretax loss of GBP4.6 million from a loss of GBP2.3 million a year before. Revenue falls 16% to GBP11.6 million from GBP13.9 million. The mattress maker explains there has been "no let-up" in the challenging market backdrop, which it says has had a negative impact on demand for big ticket items and homewares. Adds efforts have been made to streamline the business, with cash preservation the "absolute focus".

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Deltex Medical Group PLC, down 23% at 0.81 pence, 12-month range 0.81 - 1.70p. Pretax loss widens to GBP662,000 in the first half of 2022 from a loss of GBP531,000 the previous year. The cardiac monitoring system maker explains the loss is due to increased investment in advertisement to generate increased international sales. Revenue inches up to GBP1.2 million from GBP1.1 million, however, thanks to the International division. Notes "severe" disruption during the half as a result of the Covid-19 pandemic and a "slight" increase in overheads.

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Tlou Energy Ltd, down 14% at 1.21 pence, 12-month range 0.013p - 1.37p. Reports a loss before interest and tax of USD4.3 million, widened from USD2.1 million a year before. The Africa-focused project developer says the past year has seen it achieve "significant targets", however, including the signing of a power purchase agreement in Botswana. Adds work is underway on a new operations base, and progress is being made on the development of a hydrogen and solid carbon project.

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By Heather Rydings; heatherrydings@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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28 Apr 2016 09:57

Tlou Energy Makes Progress On Lesedi Project In First Quarter

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Tlou Steps Up Production Tests At Lesedi By Adding Two More Wells

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11 Mar 2016 16:45

Tlou Energy makes good progress in Botswana

(ShareCast News) - Tlou Energy updated the market on its operations over the last six months on Friday, making good progress with a number of its ongoing developments in Botswana. The AIM-traded company said it achieved a range of milestones towards delivering is 10MW gas-to-power pilot plant in to

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11 Mar 2016 08:58

Tlou Energy First-Half Loss Widens On Costs Related To AIM Listing

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25 Feb 2016 09:53

Tlou Begins Testing Selemo-1 Well, Initial Results "Very Encouraging"

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12 Feb 2016 15:56

New chairman, finance director for Tlou Energy

(ShareCast News) - Nathan Mitchell resigned as Non-Executive Chairman of Tlou Energy on Friday, with immediate effect, as the firm said he was focusing on his other commitments and various executive positions. The AIM-traded company said Martin McIver had thus been promoted to the position of Non-Ex

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12 Feb 2016 08:38

Tlou Energy Chairman Mitchell Resigns, Replaced By Martin McIver

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29 Jan 2016 10:43

Tlou Energy Says Selemo Pilot Well Testing In Line With Expectations

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Tlou Energy Chief Executive To Take Leave Of Absence Due To Ill Health

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17 Dec 2015 10:27

Tlou Energy Aiming For Production Test At Lesedi "In Coming Weeks"

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30 Nov 2015 11:20

Funding Circle SME Fund And Tlou Energy Start Trading In London (ALLIPO)

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