AIM WINNERS & LOSERS: Seeen wins contract; Arcontech earnings fall

Thu, 05th Feb 2026 11:30

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

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AIM - WINNERS

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Tern PLC, up 14% at 0.54 pence, 12-month range 2.11p-0.30p. The internet-of-things focused investor says investee Device Authority, in which it holds a 25% stake, wins a new original equipment manufacturer customer and the expansion of an existing tier one automotive deployment. "These customer wins underscore the industry's shift toward OEM-owned key management as a strategic requirement and competitive advantage - not just a technical preference," says Device Authority Chief Executive Officer Darron Antill.

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Seeen PLC, up 13% at 4.50p, 12-month range 6.50p-2.60p. The London-based social media and technology company signs a partnership with Bromely FC, running through to the end of 2027, to use its smart video solutions on Bromley's video highlights and interviews. "Partnering with Bromley FC at such a pivotal moment in their history, as they lead the charge in League Two, is a fantastic opportunity to showcase our AI interactive video platform," says Seeen Chief Executive Officer Adrian Hargrave.

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AIM - LOSERS

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Tungsten West PLC, down 12% at 26.42p, 12-month range 32.00p-2.50p. The firm, focused on the Hemerdon tungsten mine in Devon, UK, to raise GBP29.3 million through a direct subscription by a new "prominent international investor". It will also raises up to GBP11.0 million via a placing and a separate retail offer of up to GBP3 million. The issue price for the fundraising is 18.00p per share. The firm intends to use the net proceeds to deliver the 2025 feasibility study, pay for financing and transaction costs, repay its bridge facility and fast track production. Tungsten West adds that the fine gravity circuit commission is expected to begin in the third quarter of 2026.

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Arcontech Group PLC, down 8.6% at 74.96p, 12-month range 115.00p-73.00p. The London-based provider of real-time financial market data and services says pretax profit falls 24% to GBP394,622 in the six months to the end of December from GBP518,166 a year prior. Revenue decreases by 4.7% to GBP1.4 million from GBP1.5 million, as Arcontech says recurring revenue falls 3% and one-off revenue drops 69%. The firm adds that is is now unlikely to make up the recurring revenue loss in the full year. It notes that one-off revenue was exceptionally high in the previous year. Arcontech says revenue was down due to the loss of a long-standing customer and some downsizing. "With our strong pipeline we are confident that we will build back lost business and return to growth next year," says Chair Geoff Wicks.

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By Michael Hennessey, Alliance News reporter

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