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

IN BRIEF: Visum Technologies loss widens amid tough theme park market

Fri, 22nd Dec 2023 15:02

Visum Technologies PLC - London-based video technology for leisure sector - Pretax loss is GBP961,568 in financial year that ended June 30, widened marginally from GBP858,776. Revenue remains insubstantial at GBP62,593, up from GBP28,445, and administrative expenses increase to GBP965,412 from GBP848,057. Visum says that in its first full year of trading on Aquis Stock Exchange, it maintained all its key contracts while growing its future installation pipeline. In the past few months, Visum has signed collaboration agreements with Captivr GmbH and GoPhoto BV. "It has been challenging to sign new contracts for theme park installations in the last fiscal," says Chair Andrew Edge, "however, we are an agile company that has worked hard to find incremental revenue streams to compensate."

Current stock price: quoted at 1.05 pence; last traded on Oct 30 at 0.60p

12-month change: down from 20.00p

By Tom Waite, Alliance News editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

Related Shares

More News
17 Apr 2024 15:35

IN BRIEF: Visum Technologies ends negotiations to acquire two firms

Visum Technologies PLC - London-based provider of video technology for the leisure sector - Says all parties have agreed to end negotiations and termi...

2 Apr 2024 15:06

TRADING UPDATES: Insig AI eyes revenue fall; Phoenix Digital sound

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

22 Feb 2024 17:36

EARNINGS AND TRADING: Astra closes Gracell buy, Amicorp "on track"

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and Thursday and not sep...

21 Dec 2023 15:43

UK shareholder meetings calendar - next 7 days

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.