Less Ads, More Data, More Tools Register for FREE

AIM WINNERS & LOSERS: Parity and Brave Bison expect to beat forecasts

Thu, 20th Jan 2022 10:58

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

----------

AIM - WINNERS

----------

Parity Group PLC, up 15% at 7.75 pence, 12-month range 6p-14p. The data and technology-focused recruiter says it has "met or marginally exceeded" market forecasts for 2021 following refocus on core recruitment solutions capability. Revenue to be slightly ahead of GBP47.6 million target and anticipates modest adjusted earnings before interest, tax, depreciation and amortisation profit, instead of a small loss.

----------

Brave Bison Group PLC, up 13% at 1.8p, 12-month range 1.2p-2.1p. The social media and marketing firm expects 2021 results ahead of both market forecasts and the prior year after strong second half trading. Expects 2021 revenue of at least GBP21.3 million, versus GBP14.5 million in 2020, and pretax profit no less than GBP400,000 after loss of GBP2.3 million the year before. "We expect trading to remain strong as our customers respond positively to Brave Bison's new proposition that combines an owned digital media network with a suite of social and digital marketing services," says Executive Chair Oliver Green.

----------

AIM - LOSERS

----------

Ixico PLC, down 7.4% at 53.75p, 12-month range 48p-115p. Says client has confirmed it will close open-label extension study in Huntington's disease in May, which is expected to result in a GBP300,000 reduction in 2022 revenue. This means that, including the loss of expected revenue for the remaining 3-year period of the contract, the clinical research firm now has an order book totalling GBP12.6 million.

----------

Marlowe PLC, down 2.3% at 1,021.50p, 12-month range 570p-1,085p. The safety and regulatory compliance services and software firm agrees to buy Optima Health Group Ltd for GBP135 million. Plans GBP130 million share placing to fund the deal. Optima is a provider of technology-enabled Occupational Health services in the UK.

----------

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

Related Shares

More News
15 Apr 2024 14:25

Ixico inks supply agreement with Life Molecular Imaging for Neuraceq

(Alliance News) - Ixico PLC on Monday said it has signed a supply agreement with Life Molecular Imaging GmbH, in a deal the company says will compleme...

15 Apr 2024 09:31

Ixico inks supply agreement with LMI

(Sharecast News) - Analytics company Ixico has inked a supply agreement with Life Molecular Imaging that will see it supply that latter's Neuraceq Amy...

3 Apr 2024 12:08

IN BRIEF: Ixico inks collaboration with IMEKA Solutions

Ixico PLC - neuroscience focused advanced analytics company - Collaborates with IMEKA Solutions Inc, to provide access to Imeka's suite of services fo...

13 Mar 2024 12:39

Ixico shares fall 20% as revenue to decline, hit by delays to projects

(Alliance News) - Ixico PLC shares dropped sharply on Wednesday, after it said delays to projects will result in lower annual revenue.

13 Mar 2024 12:25

Ixico warns on 2024 revenue amid contract delays

(Sharecast News) - Medical imaging analytics company Ixico said in a trading update on Wednesday that, despite ongoing progress in expanding its oppor...

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.