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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
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

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12 Feb 2019 13:49

Tlou Energy Completes First Pod Drilling At Botswana Project

LONDON (Alliance News) - Tlou Energy Ltd said Tuesday it has completed the drilling of the Lesedi 3 development pod at its coal bed methane project in Botswana.Tlou started drilling at the

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12 Feb 2019 11:16

Tlou Energy completes first Lesedi well pod

(Sharecast News) - Tlou Energy successfully completed the drilling of the its first development pod at its coal bed methane project in Botswana on Tuesday.

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6 Feb 2019 16:49

Tlou Energy In Talks For Further Funding As Cash Flows To Be Negative

LONDON (Alliance News) - Tlou Energy Ltd on Wednesday confirmed it expects its operating cash flows to be negative "for the coming periods" and it is in discussions to acquire in Tlou at

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15 Jan 2019 13:50

Tlou Energy Recommences Drilling At Lesedi Project In Botswana

LONDON (Alliance News) - Tlou Energy Ltd on Tuesday said it has recommenced pod production drilling at its Lesedi coal bed methane project in Botswana.The gas-to-power project developer its

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4 Dec 2018 14:04

Tlou Energy Completes Top-Hole Drilling At Lesedi CBM Project

LONDON (Alliance News) - Tlou Energy Ltd said Tuesday that it completed top-hole drilling at its Lesedi CBM project in Botswana.The oil and gas company added that the project is currently 3

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20 Nov 2018 12:27

Tlou Energy Says Drilling At Lesedi Project Makes Excellent Progress

LONDON (Alliance News) - Tlou Energy Ltd on Tuesday said that drilling at the Lesedi coal bed methane project in Botswana is making "excellent progress" and is on budget.Tlou were

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6 Nov 2018 10:22

Tlou Energy Drills First Well At Lesedi Coal Bed Methane Project

LONDON (Alliance News) - Gas-to-power project firm Tlou Energy Ltd said on Tuesday it has completed drilling of vertical well Lesedi 3P at the Lesedi Coal Bed Methane project located in well a of

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22 Oct 2018 11:06

Tlou Energy Begins Drilling Lesedi Methane Project In Botswana

LONDON (Alliance News) - Africa-focused gas-to-power project firm Tlou Energy Ltd said Monday it had begun drilling at its Lesedi coal bed methane project in Botswana.The firm spudded its a

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22 Oct 2018 09:52

Tlou Energy commences drilling at Lesedi project in Botswana

(Sharecast News) - Gas-to-power outfit Tlou Energy has kicked off drilling operations at its wholly-owned Lesedi coal bed methane project in order to test gas flow data within the proposed development area.

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10 Oct 2018 16:03

UK Shareholder Meetings Calendar - Next 7 Days

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10 Oct 2018 14:38

Tlou Energy Submits New Power Plant Tender To Botswana Government

LONDON (Alliance News) - Tlou Energy Ltd said Wednesday it has submitted its response to the request for proposal from Botswana's Ministry of Resources, Green Technology & Energy Security

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17 Sep 2018 13:12

Tlou Energy Begins Site Preparation Work For Botswana Power Project

LONDON (Alliance News) - Africa-focused power developer Tlou Energy Ltd said on Monday it is ready to start drilling production wells at its gas field in Botswana, which is expected to form part a

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30 Aug 2018 13:03

Tlou Energy Interim Loss Narrows As Progresses On Project Development

LONDON (Alliance News) - Tlou Energy Ltd on Thursday said its loss narrowed in the first half of 2018 as it achieved its key project targets in Botswana.The natural gas company said its in

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13 Aug 2018 13:57

Tlou Energy Expects To Spud First Well In Botswana In September

LONDON (Alliance News) - Tlou Energy Ltd said Monday that it expects to spud the first well in its Botswana project in September.The company said that equipment with long lead times have to

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