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Pin to quick picksTlou Energy Share News (TLOU)

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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
22 Aug 2019 14:02

Tlou Energy Announces Sustained Gas Flow Rates At Lasedi Pods 3 And 4

(Alliance News) - Tlou Energy Ltd on Thursday said sustained gas flow rates have been achieved at the Lasedi 3 and Lasedi 4 production pods in Botswana.The pods at Tlou's Lasedi coal an

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10 Jul 2019 11:28

Tlou Energy Encouraged By Lasedi 3 Flow Test; Nears Gas At Lasedi 4

(Alliance News) - Tlou Energy Ltd on Wednesday said the Lasedi 4 production pod in South Africa has achieved critical desorption pressure and testing of Lasedi 3 has produced positive is the at to

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19 Jun 2019 15:29

Tlou Energy Nears Gas At Lesedi 3 As Dewatering Process Continues

(Alliance News) - Tlou Energy Ltd said Wednesday its Lesedi 3 production pod, in South Africa, has successfully reached critical desorption pressure.CDP is the pressure gas begins to come a

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20 May 2019 14:36

Tlou Energy Named As Preferred Bidder For Botswana Power Plant Project

LONDON (Alliance News) - Tlou Energy Ltd on Monday said it now has written confirmation from the government of Botswana that its has been selected as a preferred bidder for a coal bed methane in a

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1 May 2019 11:59

Tlou Energy Secures Botswana Environmental Approval For Lesedi Project

LONDON (Alliance News) - Tlou Energy Ltd said Wednesday the Botswana government has approved the environmental impact statement for the downstream element of the Lesedi power project in the in at

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18 Apr 2019 18:09

FNB Nominees More Than Doubles Stake In Tlou Energy To 10.5% (ALLISS)

LONDON (Alliance News) - Tlou Energy Ltd said Thursday FNB Nominees Ltd more than doubled its stake in the company to 10.5%.Prior to Tuesday's transaction, FNB held a 4.7% stake. Now is

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16 Apr 2019 12:51

Tlou Energy Pleased After Raising Over GBP1.5 Million In Placing (ALLISS)

LONDON (Alliance News) - Tlou Energy Ltd has completed a placing totalling GBP1.6 million, it said Tuesday, including with a new investor in Botswana.Tlou placed the shares at approximately

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8 Apr 2019 11:55

Tlou Energy Raises GBP650,000 For Gas Flow Testing And Power Deals (ALLISS)

LONDON (Alliance News) - Tlou Energy Ltd on Monday said it has completed a share placement to investors, totalling AUD1.2 million, about GBP650,000.The AIM-listed power project development

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1 Apr 2019 12:56

Tlou Energy Awarded New Prospecting Licence In Botswana

LONDON (Alliance News) - Tlou Energy Ltd said Monday it has been issued a new coal-bed methane prospecting licence by the government of Botswana.The licence, Boomslang, is located on-trend

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18 Mar 2019 13:50

Tlou Energy Progresses On-Field Operations At Lesedi CBM Project

LONDON (Alliance News) - Tlou Energy Ltd on Monday said it has completed two development pods at the Lesedi CBM project in Botswana, which it intends to de-water prior to commencing gas AIM-listed

Read more
18 Mar 2019 11:17

Tlou Energy makes decent progress at Lesedi project

(Sharecast News) - Botswana and southern Africa-focussed power delivery company Tlou Energy updated the market on the status of field operations at the Lesedi coal-bed methane project in Botswana on Monday, confirming it had drilled all six wells which comprised the Lesedi 3 and Lesedi 4 development pods as part of its recent field drilling programme.

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13 Mar 2019 14:52

Tlou Energy Technical Proposal Passes, Focus On Financial Proposal

LONDON (Alliance News) - Tlou Energy Ltd said Wednesday the confirmation of the technical stage of its request for proposal for the development of a coal bed methane plant in Botswana has a result

Read more
26 Feb 2019 12:23

Tlou Energy Shares Rise As Interim Loss Narrows On Lower Expenses

LONDON (Alliance News) - Tlou Energy Ltd on Tuesday reported a narrowed interim loss on lower fees and expenses.Tlou Energy shares were trading up 10% at 5.80 pence each.For the six

Read more
25 Feb 2019 15:20

Tlou Energy begins production testing at methane development pod

(Sharecast News) - Botswana-focussed coal bed methane developer Tlou Energy has started production testing at its Lesedi 3 development pod, it announced on Monday, adding that "excellent progress" was also being made on drilling operations at the second development pod, Lesedi 4.

Read more
25 Feb 2019 14:36

Tlou Energy Starts Testing At Lesedi 3 And Makes Progress At Lesedi 4

LONDON (Alliance News) - Tlou Energy Ltd on Monday said that it started production testing at its Lesedi 3 development pod, as well as making "excellent progress" on operations at Lesedi

Read more

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