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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
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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.

More News
16 Sep 2020 16:12

Tlou Energy makes progress with transmission line plans

(Sharecast News) - Botswana and southern Africa-focussed gas and solar power developer Tlou Energy updated the market on progress with its transmission line on Wednesday, reporting that it had engaged Mott MacDonald engineering consultants to work on the detailed engineering and design of the proposed line to connect its Lesedi Power project to the electricity grid in Botswana.

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7 Sep 2020 16:02

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

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26 Aug 2020 10:50

Tlou's Lesedi Transmission Line Project Reaches Implementation Stage

Tlou's Lesedi Transmission Line Project Reaches Implementation Stage

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24 Jul 2020 17:23

IN BRIEF: Tlou Energy Raises Full Amount From Entitlement Offer

IN BRIEF: Tlou Energy Raises Full Amount From Entitlement Offer

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16 Jul 2020 13:57

UK TRADING UPDATE SUMMARY: LoopUp Set To Beat Expectations For 2020

UK TRADING UPDATE SUMMARY: LoopUp Set To Beat Expectations For 2020

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15 Jun 2020 10:20

Tlou Energy To Raise AUD3.0 Million For Lesedi Project Development

Tlou Energy To Raise AUD3.0 Million For Lesedi Project Development

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16 Apr 2020 14:57

UK TRADING UPDATE SUMMARY: NHS Uses Induction Healthcare's Mobile App

UK TRADING UPDATE SUMMARY: NHS Uses Induction Healthcare's Mobile App

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3 Apr 2020 11:11

Tlou Shares Surge On Interim Botswana Power Purchase Agreement

Tlou Shares Surge On Interim Botswana Power Purchase Agreement

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25 Feb 2020 11:53

Tlou Energy Loss Widens As Project And Regulatory Delays Persist

Tlou Energy Loss Widens As Project And Regulatory Delays Persist

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20 Feb 2020 15:10

Tlou Energy In Talks For Temporary Power Purchase Pact With Botswana

Tlou Energy In Talks For Temporary Power Purchase Pact With Botswana

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20 Jan 2020 10:29

Tlou Energy Cautious On Lesedi Future As Testing Continues In Botswana

Tlou Energy Cautious On Lesedi Future As Testing Continues In Botswana

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25 Nov 2019 17:51

Tlou Energy Sees "Significantly Higher" Short Term Gas Rates At Lesedi

Tlou Energy Sees "Significantly Higher" Short Term Gas Rates At Lesedi

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16 Oct 2019 12:06

Tlou Energy Looking To Pin Down Lesedi Financing, Purchase Deals

Tlou Energy Looking To Pin Down Lesedi Financing, Purchase Deals

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10 Oct 2019 16:03

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

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27 Aug 2019 09:28

Tlou Energy Loss Widens On Expenses As Lesedi Development Continues

(Alliance News) - Tlou Energy Ltd on Tuesday said loss widened in its recent financial year due as it works to develop the Lesedi coal bed methane project in Botswana.Shares in Tlou were up

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