We value your feedback, take our 2025 surveyhere

Less Ads, More Data, More Tools Register for FREE
Sponsored Content
Don't want ads? Click here
Sponsored Content
Don't want ads? Click here

Pin to quick picksTransense Share News (TRT)

Share Price Information for Transense (TRT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 142.50
Bid: 135.00
Ask: 150.00
Change: 0.00 (0.00%)
Spread: 15.00 (11.111%)
Open: 142.50
High: 142.50
Low: 140.00
Prev. Close: 142.50
TRT Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Timelines are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EARNINGS UPDATES: Transence Tech swings to profit; Curzon widens loss

Tue, 27th Sep 2022 17:42

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

----------

Transense Technologies PLC - Bicester, England-based developer of specialist sensor systems for vehicles - Swings to a pretax profit of GBP268,000 in the year ended June 30, from a loss of GBP193,000 the previous year. Revenue rises 49% to GBP2.6 million from GBP1.8 million - this was primarily driven by momentum on royalty income from iTrack, the firm explains. iTrack royalty income totals GBP1.6 million in the year, up 88% against the previous year. Chair Nigel Rogers says: "The directors are confident that the company's business model is resilient, that further increases in profitability and cash flow are deliverable, and that the long term prospects for the company continue to build." In the first two months of its new financial year, company reports a year-on-year revenue growth of 19%.

----------

Curzon Energy PLC - London-based investor and developer in US based natural gas projects - In the six months ended June 30, widens its pretax loss to USD408,424 from USD345,886 the previous year. Administrative expenses increase to USD307,999 from USD278,305. The majority of this interim loss was due to expenditures in relation to the maintenance of the commercial potential of its Coos Bay coal bed methane project, as well as listing related corporate overheads in London, the company explains. Curzon says it is "unlikely" that it will recommend a dividend in the "foreseeable future." Adds its near-term goals remains focused on exploring ongoing opportunities and license renewals associated with the Coos Bay coal bed methane project.

----------

GENinCode PLC - Manchester-based predictive genetics company focused on the prevention of cardiovascular disease - Significantly widens pretax loss in the six months to GBP2.3 million in the six months to June 30, from GBP1.0 million the previous year. Revenue ticks up to GBP664,000 from GBP600,000. Administrative expenses surge to GBP2.6 million from GBP1.3 million. Cites increased levels of investment in preparation for the launch of Lipid inCode and Cario inCode for the widened loss. Looking to the second half, company remains focused on its US regulatory and reimbursement submissions for Cardio inCode. Adds the commercialisation of Lipid inCode continues to progress.

----------

Round Hill Music Royalty Fund Ltd - Guernsey-based investor in music copyright assets - In the six months to June 30, posts a widened pretax loss of USD3.2 million, compared to a loss of USD2.2 million in the period from August 5, 2020 to June 30, 2021. Against the same period, royalty income falls to USD14.1 million from USD16.3 million. Operating costs increase to USD15.6 million from. Looking into the second half of 2022, firm says royalty collecting societies and music publishers are expecting to see a positive upswing in royalty collections and distributions as the world continues to reopen post-Covid lockdowns.

----------

LifeSafe Holdings PLC - Essex, England-based fire safety technology firm - In the first half of 2022, significantly widens pretax loss to GBP2.2 million from GBP665,000 the previous year. Revenue surges to GBP1.3 million, however, from GBP41,000 a year prior. Administrative expenses jump to GBP1.4 million from GBP600,000 the previous year. Also notes non-underlying costs of GBP895,000 due to IPO costs and share-based payment charges. Chair Dominic Berger says: "In H1 2022, we have almost doubled the revenues that we generated in all of 2021 and this strong momentum has continued into H2 2022 with revenues continuing to grow ahead of the board's expectations."

----------

By Heather Rydings; heatherrydings@alliancenews.co

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
25 Sep 2023 14:26

Transense Technologies annual profit up; chooses buybacks over payouts

(Alliance News) - Transense Technologies PLC on Monday said it considered share buybacks as more tax efficient than dividends, as it reported a surge in annual profit.

Read more
18 Sep 2023 15:54

UK earnings, trading statements calendar - next 7 days

Read more
11 Jul 2023 10:46

Transense to meet market expectations; commercial momentum maintained

(Alliance News) - Transense Technologies PLC on Tuesday said its adjusted earnings before interest, tax, depreciation, and amortisation, and revenue rose in the year ended June 30, and are in line with market forecasts.

Read more
5 Jun 2023 09:31

IN BRIEF: Transense extends GE Aerospace licence agreement

Transense Technologies PLC - Bicester, Oxfordshire-based developer of specialist sensor systems for vehicles - Agrees to extension to the field of use covered by GE Aerospace's licence for its surface acoustic wave torque sensor technology. Original licence was granted in 2016. Extension allows GE to use the technology solely for research and development, testing, evaluation, certification, and qualification purposes under the CFM International Rise programme, announced in 2021. CFM International is a fifty-fifty joint venture between GE and French aircraft and rocket engine manufacturer Safran SA. CFM Rise aims to "mature next-generation propulsion technologies such as open fan architecture." Transense says technologies "matured" through CFM Rise "will serve as the foundation for the next generation CFM engine".

Read more
3 May 2023 14:34

Transense Technologies begins sensor technology development project

(Alliance News) - Transense Technologies PLC on Wednesday said it secured a new development project with an unnamed tier one automotive electric propulsion systems business.

Read more
13 Mar 2023 14:25

IN BRIEF: Transense Technologies COO Nick Hopkins resigns immediately

Transense Technologies PLC - Bicester, Oxfordshire-based developer of specialist sensor systems for vehicles - Says Chief Operating Officer Nick Hopkins will step down as a director immediately, and will leave the firm on April 30 after a period of garden leave. Hopkins joined in April in 2020 and oversaw the transition of the Surface Acoustic Wave from a science-led technology developer into a commercially driven business unit. Executive Chair Nigel Rogers says: "I would like to thank Nick for his commitment and professionalism in placing our SAW business segment on a great platform for future success and wish him well for the future."

Read more
22 Feb 2023 12:15

Transense Technologies shares fall as interim profit trebles

(Alliance News) - Transense Technologies PLC on Wednesday reported a jump in half-year profit as revenue trebled, outpacing an increase in operating and sales costs.

Read more
22 Feb 2023 10:49

AIM WINNERS & LOSERS: Star Phoenix jumps on AIM readmission

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

Read more
15 Feb 2023 15:52

UK earnings, trading statements calendar - next 7 days

Read more
1 Dec 2022 12:59

TRADING UPDATES: XLMedia, Mobile Streams and Windar win deals

(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
24 Nov 2022 15:44

UK shareholder meetings calendar - next 7 days

Read more
20 Sep 2022 15:52

UK earnings, trading statements calendar - next 7 days

Read more
13 Sep 2022 11:58

Transense inks deal with Meggitt SA

(Sharecast News) - Sensor systems developer Transense Technologies announced the signing of a memorandum of understanding with Meggitt SA on Tuesday.

Read more
13 Sep 2022 10:58

AIM WINNERS & LOSERS: Fevertree bubbles; Transense in Meggitt pact

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

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.