Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video 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
25 Jul 2019 13:26

TomCo Energy Starts Drilling At Holliday A Block Ahead Of Field Test

(Alliance News) - TomCo Energy PLC on Thursday said the field test at its Holliday A block in the US state of Utah is running to schedule.The exploration and development company said works

Read more
4 Jul 2019 16:13

Drilling Of TomCo Energy Field Test Wells Delayed Two Weeks By Casings

(Alliance News) - TomCo Energy PLC on Thursday said the well casings for its field test at the Holliday A Block in Utah will arrive later than expected and so the drilling of the wells will be by

Read more
1 Jul 2019 13:37

TomCo Energy Gets Permit For Field Test And Drilling At Utah Block

(Alliance News) - US oil shale exploration company TomCo Energy PLC on Monday said it has now received all the required permits to drill wells and undertake field test at the Holliday A Block in

Read more
28 Jun 2019 12:05

TomCo Energy Fully Funded As It Prepares For Utah Field Tests

(Alliance News) - TomCo Energy PLC is making good progress on starting work at Utah's Holliday block, it said Friday, using its TurboShale radio frequency technology.TomCo's field a

Read more
25 Jun 2019 12:00

TomCo Energy gearing up for slightly delayed field test at Holliday A

(Sharecast News) - Oil shale exploration and development company TomCo Energy updated the market on the field test programme at its Holliday A Block in Utah on Tuesday, announcing that the project was advancing well, with much of the preparatory work for the field test having now been completed.

Read more
25 Jun 2019 10:32

TomCo Energy Progresses On Development Of Holliday A Block In Utah

(Alliance News) - TomCo Energy PLC on Tuesday said its Holliday A block in the US state of Utah is advancing well, with much of the preparatory work for the field test having now been stock was on

Read more
8 May 2019 11:55

TomCo Energy Not Overly Concerned By Water In Holliday Wells

LONDON (Alliance News) - TomCo Energy PLC on Wednesday reported the presence of water at some wells earmarked for field testing this summer.TomCo has already drilled three test wells, the a

Read more
2 May 2019 16:03

UK Shareholder Meetings Calendar - Next 7 Days

Friday 3 MayMerlin EntertainmentsIntu PropertiesUltra ElectronicsInterContinental 6 7

Read more
29 Mar 2019 10:56

TomCo Energy Focused On Testing At Holliday Block As Loss Widens

LONDON (Alliance News) - TomCo Energy PLC on Friday said its loss widened in its last financial year as it continues the development of the Holliday block in the US state of Utah.The pretax

Read more
25 Mar 2019 14:34

Infrastrata Names Non-Exec Raman As CFO; Hires Tomco Director To Board

LONDON (Alliance News) - Infrastrata PLC on Monday said it has promoted Non-Executive Director Arun Raman to the role of chief financial officer with immediate effect.In addition, has Groat

Read more
20 Mar 2019 10:05

TomCo Energy Raises Cash In Share Placing To Fund Test Programme (ALLISS)

LONDON (Alliance News) - TomCo Energy PLC on Wednesday said it has raised GBP600,000 to go towards completing its 2019 field test programme.The oil shale exploration, development and firm

Read more
18 Mar 2019 10:44

WINNERS & LOSERS SUMMARY: Footasylum Rises On "Generous" JD Offer

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.----------FTSE 100 - Tinto, up 2.3%, Group, up in

Read more
18 Mar 2019 09:56

TomCo Review Finds 131 Million Barrels At Utah Licences; Shares Up 29%

LONDON (Alliance News) - Exploration and development company TomCo Energy PLC on Monday said a review of two leases in Utah found a best estimate contingent resource of 131.3 million barrels or in

Read more
29 Jan 2019 12:22

TomCo Energy Starts Work On 2019 Field Test Programme At Holliday

LONDON (Alliance News) - TomCo Energy PLC on Tuesday said it has started work on the field test programme at the Holliday Block in Utah.TomCo shares were trading down 22% at 2.10 pence each

Read more
14 Jan 2019 12:29

TomCo Energy Settles Loans With Former Chief Executive Brown (ALLISS)

LONDON (Alliance News) - Oil shale exploration company TomCo Energy PLC said on Monday loans provided by former Chief Executive Chris Brown totalling GBP250,000 have been settled in loans were due

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.