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 picksTomco Energy Share News (TOM)

Share Price Information for Tomco Energy (TOM)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.0385
Bid: 0.037
Ask: 0.04
Change: 0.00 (0.00%)
Spread: 0.003 (8.108%)
Open: 0.0385
High: 0.0385
Low: 0.0385
Prev. Close: 0.0385
TOM Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: Tracsis profit jumps; Elixirr 2022 earnings improve

Mon, 03rd Apr 2023 15:03

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

----------

Elixirr International PLC - London-based consultancy - Revenue in 2022 rises 40% to GBP70.7 million from GBP50.6 million in 2021. Pretax profit improves 29% to GBP15.7 million from GBP12.2 million. "2022 proved Elixirr's consistent ability to perform from both a revenue and profit perspective. This year we continued to leverage, and further invest in, our four-pillar growth strategy, enabling us to deliver exceptional growth despite challenging market conditions," says Chief Executive Stephen Newton. Elixirr declares a final dividend of 10.8 pence per share, up sharply from 4.1p. Paid no interim dividends in either year. Hails "record" revenue in first three months of 2023. Lifts yearly expectations to revenue range of GBP85 million to GBP90 million, at best a 27% rise from 2022 levels.

----------

Tracsis PLC - traffic and transportation data services firm - Reports earnings increase for first half, ended January 31, and says it has made a "positive" start to the third quarter. Revenue in six months to January 31 rises 34% to GBP39.2 million from GBP29.2 million a year earlier. Pretax profit surges 76% to GBP2.3 million from GBP1.3 million. "I am pleased with the first half performance which was in line with our expectations," Chief Executive Officer Chris Barnes adds. "Our future opportunity pipeline is strong and the UK rail industry's transition to a new Great British Railways structure will continue to drive interest in product solutions that will deliver a data-driven, customer-focused, safety-critical future for the industry. Tracsis is well positioned to benefit from the digital transformation of the rail industry both in the UK and North American markets." Hails "positive" beginning to third quarter, with "high activity levels across the group". Proposes interim dividend of 1.0 pence per share, up 11% from 0.9p a year earlier.

----------

Gaming Realms PLC - developer and licensor of mobile-focused gaming content - Revenue in 2022 improves 27% to GBP18.7 million from GBP14.7 million. Pretax profit jumps to GBP3.5 million from GBP1.1 million. Company adds: "Gaming Realms continues to deliver on its strategy of becoming a leading supplier to the international iGaming market. In 2022, the group launched in 6 new markets, including Connecticut and Ontario in North America and continues to be strategically placed for new market openings in North America. Gaming Realms is also growing in its existing markets and partners, resulting in growth with a high margin. With 13 new partners already launched in 2023, together with 3 new Slingo games, the board is confident in the group's strategy and expectations as we look ahead at the rest of the current year."

----------

Red Rock Resources PLC - natural resource development company with assets in Australia and Africa - Reports no revenue in six months to December 31, unchanged on-year. Pretax loss slims to GBP1.3 million from GBP1.5 million.

----------

Downing Renewables & Infrastructure Trust PLC - investor in solar parks, wind farms and hydroelectric assets - Net asset value per share at December 31 year end increases 15% on-year to 118.6 pence, from 103.5p. Lifts yearly dividend by 43% to 5.0 pence per share from 3.5p. For 2023, it has a target dividend of 5.38p, which would represent a 7.6% increase from total payout for 2022. "We are very pleased to present DORE's annual results for its second year of operation. The investment manager has successfully continued its mandate of strategic diversification and growth, deploying GBP62.6 million in five new portfolio investments over the period, complemented by an equity raise of GBP52.9 million in June 2022, exceeding the target size," Chair Hugh Little says.

----------

JPMorgan Global Emerging Markets Income Trust PLC - invests in emerging market equities, with holdings including Taiwan Semiconductor Manufacturing Co Ltd, Samsung Electronics Co and NetEase Inc - Net asset value per share at January 31 half-year end rises 6.6% to 149.5 pence, from 140.3p at July 31. On-year, NAV per share falls 5.7% from 158.5p. Including dividends, total return on net assets was 9.0%, outperforming benchmark which returned 3.7%. "During the six-month review period, the most important, very positive development within emerging markets was the re-opening of China after a long period of very stringent Covid-19 restrictions. The timing of China's decision to re-open was somewhat of a surprise to markets, as the government had repeatedly reiterated its firm commitment to its zero-Covid-19 policy and showed no early signs of softening its stance, let alone lifting all restrictions," JPMorgan Global Emerging Markets says. Has so far this financial year declared two interim dividends of 1.0 pence each, unchanged on-year.

----------

S-Ventures PLC - investment firm focused on health and wellness sectors - Says working closely with auditors to finalise results for year ended September 30. Was unable to publish by Friday and shares have suspended. Results to be published by end of April, S-Ventures says.

----------

TomCo Energy PLC - oil development group operating in US - Did not publish results for year ended September 30 by Friday deadline. "However, the company's auditors have requested additional time beyond the originally planned timetable to complete their audit. While the audit process has yet to be concluded, the directors have been advised by their auditors that the audit is substantially complete and that there are no material audit issues causing this delay," TomCo says. Targets reporting results "as soon as the auditor completes their final processes", expected to be completed within "short period of time". Shares have been suspended from trading.

----------

By Eric Cunha, Alliance News news editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
6 Apr 2023 14:28

IN BRIEF: TomCo Energy shares resume as posts narrowed annual loss

TomCo Energy PLC - oil development group operating in US - Shares start trading again on AIM and posts results for financial year ended September 30. Pretax loss in financial 2022 is GBP690,000, narrowed from GBP10.3 million a year prior. Posts no revenue, unchanged. Reports no impairment loss compared to GBP8.7 million in financial 2021. Looking ahead, Chair Malcolm Groat says: "The company acknowledges and greatly appreciates the ongoing support and patience of our shareholders as we seek to progress the Greenfield development project as well as exploit TomCo's other significant potential despite the current global economic headwinds." Greenfield Energy LLC was the company's focus in financial 2022, and Greenfield's plans to pursue the construction of two oil sand separation plants in Utah, US.

Read more
30 Mar 2023 20:31

TRADING UPDATE: Aquis Exchange profit jumps, TomCo obtains funding

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

Read more
6 Mar 2023 11:48

TomCo agrees option exercise period extension for Tar Sands purchase

(Alliance News) - TomCo Energy PLC on Monday said it agreed to extend its 100%-owned subsidiary Greenfield Energy LLC's purchase option exercise period to acquire Tar Sands Holdings II LLC until March 31.

Read more
2 Mar 2023 19:57

TRADING UPDATES: Downing Renewables acquires two hydropower plants

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

Read more
30 Dec 2022 15:11

TomCo extends option exercise period for acquisition of Tar Sands

(Alliance News) - TomCo Energy PLC on Friday said it has extended its option exercise period relating to the potential acquisition of the remaining interest in Tar Sands Holdings II LLC.

Read more
2 Dec 2022 20:39

TRADING UPDATES: Sunrise secures funds; Bango launches e-distribution

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

Read more
4 Nov 2022 20:58

TRADING UPDATES: DeepVerge raises GBP815,000; Rambler defaults payment

(Alliance News) - The following is a round-up of updates by London-listed companies, not separately reported by Alliance News:

Read more
1 Nov 2022 16:44

TomCo agrees another extension to its loan from Valkor

(Sharecast News) - Oil developer TomCo announced a further extension to its unsecured loan from Valkor Oil on Tuesday, with the remaining outstanding principal totalling $1m.

Read more
24 Oct 2022 21:18

TRADING UPDATES: Silverwood finishes acquisition; Hardide names chair

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

Read more
18 Oct 2022 17:07

TRADING UPDATES: Chaarat enters takeover discussions with Shanta Gold

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

Read more
14 Oct 2022 13:43

CORRECT: TomCo Energy shares down after loan repayment and extension

TomCo Energy PLC - London-based oil explorer in the US state of Utah - Repays USD250,000 of its unsecured loan from Valkor Oil & Gas LLC to its wholly-owned subsidiary Greenfield Energy LLC. Also extends repayment date for remaining USD1.0 million of the loan to October 31. The loan was used for the acquisition of an initial 10% of the membership interest in Tar Sands Holdings II LLC.

Read more
14 Oct 2022 13:41

IN BRIEF: TomCo Energy shares up on loan repayment and extension

TomCo Energy PLC - London-based oil explorer in the US state of Utah - Repays USD250,000 of its unsecured loan from Valkor Oil & Gas LLC to its wholly-owned subsidiary Greenfield Energy LLC. Also extends repayment date for remaining USD1.0 million of the loan to October 31. The loan was used for the acquisition of an initial 10% of the membership interest in Tar Sands Holdings II LLC.

Read more
14 Oct 2022 13:02

TomCo partially repays, extends Valkor loan further

(Sharecast News) - US-focussed oil developer TomCo Energy announced a repayment of $0.25m and a further extension to the repayment date for the remaining $1m outstanding principal amount of the unsecured loan from Valkor Oil & Gas on Friday.

Read more
13 Oct 2022 17:55

CORRECT: Coral Products buys Ecodeck; Evgen Pharma recruits

(Correcting Harmony Energy Income Trust's use of funds.)

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.