The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksXlmedia Share News (XLM)

Share Price Information for Xlmedia (XLM)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 11.375
Bid: 11.25
Ask: 11.50
Change: -0.25 (-2.17%)
Spread: 0.25 (2.222%)
Open: 11.625
High: 11.375
Low: 11.25
Prev. Close: 11.50
XLM Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AIM WINNERS & LOSERS: Getech falls on revenue warning; Arkle rises

Fri, 15th Dec 2023 10:49

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

----------

AIM - WINNERS

----------

UK Oil & Gas PLC, up 17% at 0.027 pence, 12-month range 0.020p-0.13p. The exploration and production company says that all required explosives permits for the deployment of the new seven-inch perforating guns have now finally been secured. The equipment is thus fully ready to be transported to site. UK Oil & Gas says it is now liaising with the operator AME to schedule a firm date for the resumption of testing operations.

----------

Arkle Resources PLC, up 8.6% to 0.38p, 12-month range 0.24p-0.75p. The exploration company says it has been awarded two exploration licences in the Makgadikgadi salt pans in north-eastern Botswana. licences PL 075/2023 and PL 0148/2023 were awarded to prospect for lithium in the salt pans. The licences cover 312 and 525 square kilometres respectively in size. "We now have three lithium exploration projects, one in Ireland, one in Zimbabwe, both hard rock, and now in Botswana which is a lithium brines project," says Chair John Teeling. "Initial work will focus on analysis of the very limited exploration data, followed by prospecting to identify targets for drilling."

----------

AIM - LOSERS

----------

Getech Group PLC, down 27% at 5.30p, 12-month range 5.02p-18.10p. The geo-energy and green hydrogen company says its client base, 85% of which is based outside of the UK, has been showing a "growing level of caution" due to economic and geopolitical instability. Getech says this has pushed a number of projects initially expected to begin before the end of 2023 into 2024. As a result, Getech has warned that sales for the full year are not expected to surpass GBP4.4 million, down 14% from GBP5.1 million in 2022.

----------

XLMedia PLC, down 14% at 6.34p, 12-month range 5.86p-24.75p. Shares in the London-based global digital media company fall, after announcing that revenue for 2023 would fall shy of previous years. It says that a "change in the revenue profile" of its north-American activities had been caused by, among other things, the exit of XLMedia's major partner Barstool from the market. The group's revenue for the full year is now expected in the range of USD50.0 to USD52.0 million, down from USD71.8 million in 2022. The group also predicted adjusted earnings before interest, tax, depreciation and amortisation of USD12 million to USD14 million, down from USD17.8 million in 2022.

----------

By Sophie Rose, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
16 Jun 2015 07:25

LONDON MORNING BRIEFING: Royal Mail Shares Hit By Ofcom Review

Read more
16 Jun 2015 07:05

XLMedia Buys Majority Share in Marmar Media For Up To USD7.4 Million

Read more
26 May 2015 15:46

XLMedia sees good start to 2015; announces bolt-on acquisition

Marketing services company XLMedia said on Tuesday that it has made a good start to the year, as it continues to trade in line with expectations, and announced a small bolt-on acquisition of UK focused mobile targeted websites. While no financial details were disclosed, the company said it continues

Read more
26 May 2015 07:53

XLMedia Trading In Line With Expectations, Makes Small Acquisition

Read more
21 May 2015 07:30

LONDON MORNING BRIEFING: Booker Group Up 10% On Store Chains Purchase

Read more
21 May 2015 05:12

AGM, EGM Calendar - Week Ahead

Read more
20 May 2015 15:15

AGM, EGM Calendar - Week Ahead

Read more
20 May 2015 05:14

AGM, EGM Calendar - Week Ahead

Read more
19 May 2015 15:03

AGM, EGM Calendar - Week Ahead

Read more
19 May 2015 05:13

AGM, EGM Calendar - Week Ahead

Read more
18 May 2015 15:19

AGM, EGM Calendar - Week Ahead

Read more
18 May 2015 05:21

AGM, EGM Calendar - Week Ahead

Read more
15 May 2015 15:14

AGM, EGM Calendar - Week Ahead

Read more
15 May 2015 05:18

AGM, EGM Calendar - Week Ahead

Read more
14 May 2015 15:04

AGM, EGM Calendar - Week Ahead

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.