The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksVersarien Share News (VRS)

Share Price Information for Versarien (VRS)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.105
Bid: 0.10
Ask: 0.105
Change: -0.002 (-1.91%)
Spread: 0.005 (5.00%)
Open: 0.1005
High: 0.105
Low: 0.1005
Prev. Close: 0.1045
VRS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

LONDON AIM WINNERS & LOSERS: Quadrise Rises After MSC Agreement

Thu, 21st Jan 2021 10:41

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

----------

AIM WINNERS

----------

Quadrise Fuels International, up 38% at 2.94 pence, 12-month range 1.06-4.24p. The fuel conversion technology firm said it has signed a joint development agreement with MSC Shipmanagement of Cyprus - a subsidiary of subsidiary of Geneva-headquartered MSC Mediterranean Shipping Co - to carry out an MSAR Operational Trial on commercial container vessels in the MSC global fleet commencing in 2021 with, subject to further agreement, subsequent commercial rollout upon success. The MSC group is one of the world's largest cargo shipping and cruise line companies, Quadrise noted.

----------

ECSC Group, up 21% at 84.45p, 12-month range 51.25p-140.25p. The cyber security services provider said 2020 adjusted earnings before interest, taxes, depreciation and amortisation was in excess of GBP400,000, versus a breakeven position in 2019. Revenue edged down to GBP5.7 million from GBP5.9 million. "Despite the challenges posed by the COVID-19 pandemic, the Group made solid progress during the 2020 financial year, and we are particularly pleased to report growing adjusted EBITDA profitability and cash generation," said Chief Executive Ian Mann.

----------

Image Scan Holdings, up 19% at 3.04p, 12-month range 1.0p-3.5p. The X-ray imaging systems provider said it has been awarded a contract to supply three portable X-ray scanning systems to the Royal Air Force. The award is the company's first contract with the RAF.

----------

Panoply Holdings, up 19% at 189.60p, 12-month range 40.2p-214p. The IT service management company said it expects to "significant exceed" its expectations for the financial year ending in March. After a "successful" third quarter, Panoply said it expects full-year revenue in excess of GBP47.5 million and adjusted earnings before interest, taxes, depreciation and amortisation in excess of GBP6.3 million.

----------

AIM LOSERS

----------

Eve Sleep, down 15% at 4.90p, 12-month range 0.65p-7.0p. The online mattress business reported an increase in revenue and earnings for 2020, though noted that the availability of raw materials and component supply remains an industry issue and a "potential limiting factor on near term growth". In 2020, revenue increased 6% to GBP25.2 million, driven by 18% growth in the second half, and Ebitda loss GBP2.0 million versus loss of GBP10.7 million in 2019. "At this time the company has not experienced any material cost/duty increases as a direct result of Brexit, though there has been some slowing of the pace of deliveries to Ireland and Northern Ireland resulting from courier related issues. eve will continue to closely monitor the situation but does not expect any material full year impact at this time," said Eve.

----------

Versarien, down 7.6% at 59.90p, 12-month range 21.2p-84.0p. The advanced engineering materials firm reported interim revenue of GBP3.1 million, down from GBP4.4 million a year ago, and a pretax loss of GBP4.3 million for the six months to September 31 versus a loss of GBP2.1 million a year prior. "The effects of the pandemic impacted our customer base in the mature businesses in both business segments. However, sales of graphene enhanced masks added an additional GBP0.33 million of revenues in H1 2020," said Versarien.

----------

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
1 Jul 2020 19:00

IN BRIEF: Versarien Awarded GBP5 Million For Graphene Project

IN BRIEF: Versarien Awarded GBP5 Million For Graphene Project

Read more
1 Jul 2020 09:27

Versarien delays FY results due to Covid-19

(Sharecast News) - Advanced materials engineering group Versarien said on Wednesday that its full-year results had been delayed until August as a result of the Covid-19 pandemic and associated lockdowns.

Read more
19 Jun 2020 16:02

UK EXECUTIVE CHANGE SUMMARY: Urban Exposure Senior Team Depart

UK EXECUTIVE CHANGE SUMMARY: Urban Exposure Senior Team Depart

Read more
19 Jun 2020 08:57

Versarien taps James Stewart for chairman role

(Sharecast News) - Advanced materials engineering group Versarien appointed James Stewart to the role of non-executive chairman on Friday, with immediate effect.

Read more
28 Apr 2020 16:20

Versarien subsidiary 2-DTech gets grant from Advanced Propulsion Centre

(Sharecast News) - Advanced materials engineering company Versarien announced on Tuesday that its subsidiary, 2-DTech, has been awarded a grant of up to ?104,000 from the Advanced Propulsion Centre (APC).

Read more
24 Apr 2020 18:05

Rolls-Royce Partners With Versarien's 2-DTech On Aerospace Engines

Rolls-Royce Partners With Versarien's 2-DTech On Aerospace Engines

Read more
23 Apr 2020 16:20

Versarien subsidiary chosen for Rolls-Royce collaboration

(Sharecast News) - Advanced materials engineering company Versarien announced on Thursday that, following an open innovation call, multinational engineering company Rolls-Royce had chosen to work with the University of Manchester's 'Graphene Engineering Innovation Centre' (GEIC) and its tier 1 partner, Versarien subsidiary 2-DTech.

Read more
25 Mar 2020 14:59

Versarien Inks China Materials Joint Venture Deal With Young-Graphene

Versarien Inks China Materials Joint Venture Deal With Young-Graphene

Read more
23 Mar 2020 18:24

Versarien Raises GBP6 Million From US Investor Lanstead Capital

Versarien Raises GBP6 Million From US Investor Lanstead Capital

Read more
23 Mar 2020 15:43

Versarien enters ?6m subscription agreement with Lanstead Capital

(Sharecast News) - Advanced materials engineering company Versarien has entered into a ?6m subscription agreement with Lanstead Capital Investors, a US managed institutional investor, together with a related sharing agreement, it announced on Monday.

Read more
28 Feb 2020 18:45

Versarien Unveils New Shareholder Communication Tool

Versarien Unveils New Shareholder Communication Tool

Read more
10 Feb 2020 12:55

Versarien reassures shareholders after share price fall

(Sharecast News) - Advanced materials engineering company Versarien updated the market on the recent reduction in its share price on Monday, saying it was not aware of any material basis for the decline.

Read more
10 Feb 2020 09:22

Versarien Unaware Of Material Reason Behind Share Price Fall

Versarien Unaware Of Material Reason Behind Share Price Fall

Read more
21 Jan 2020 13:13

Versarien Makes Progress On Developing US Graphene Operations

Versarien Makes Progress On Developing US Graphene Operations

Read more
18 Dec 2019 12:50

Versarien Joins Graphene Technology Project Run By Airbus

Versarien Joins Graphene Technology Project Run By Airbus

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.