(Alliance News) - The following is a round-up of earnings updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
----------
Tremor International Ltd - Tel Aviv-based advertising technology - Revenue in second quarter of 2021 more than doubles to USD81.4 million from USD35.7 million a year earlier. Swings to second quarter pretax profit of USD20.6 million from USD13.7 million loss. For six months, revenue more than doubles to USD152.4 million from USD74.3 million and swings to pretax profit of USD35.1 million from USD30.5 million loss. "Management remains confident in the medium to long-term prospects of the company with Tremor well-placed to further benefit from the ongoing resurgence in the global digital advertising industry," company says.
----------
Capital Ltd - mining services company - Revenue in six months ended June 30 rises 52% annually to USD98.7 million from USD65.1 million. Pretax profit rises to GBP24.3 million from GBP19.1 million a year earlier. Lifts interim dividend by 86% to 1.3 cents per share from 0.7 cents. Tips demand for drilling services to rise this year. "The outlook remains robust for maintaining a high utilisation rate through H2 2021," Capital adds.
----------
Adnams PLC - pub and brewing firm based in Suffolk - Revenue in six months to June 30 falls 0.7% to GBP20.5 million from GBP20.7 million. Pretax loss narrows to GBP3.3 million from GBP3.9 million. Says since restrictions eased, it has seen "strong demand". Says accommodation businesses seeing high levels of occupancy and pub estate is fully opened. Notes it has been forced to close or restrict services due to staff being forced to self-isolate, but adds "such closures have been relatively few and therefore their impact on the overall business limited". "The business remains cautiously optimistic that the worst of the pandemic is behind it and that the on-trade will be able to progress relatively normally into the autumn and beyond. Adnams continues with its digital transformation, and it has seen good adoption of its on-trade self service App Rockpool," company says.
----------
Ethernity Networks Ltd - Networking and security solutions provider based in Israel - Revenue in six months to June 30 rises annually to USD955,371 from USD359,375. Pretax loss widens to USD4.4 million from USD2.9 million. Posts USD1.4 million in financing costs, jumping from USD22,136.
----------
Intelligent Ultrasound Group PLC - Cardiff, Wales-based artificial intelligence ultrasound software firm - Revenue in six months ended June 30 rises 47% year-on-year GBP3.6 million from GBP2.5 million a year earlier. Pretax loss widens to GBP2.4 million from GBP1.9 million. "This has been a good start to the year, with strong revenue from our simulation division, combined with encouraging performance from our clinical division through the early commercialisation of our first two AI products, and the progression of our AI product development pipeline," Intelligent Ultrasound says.
----------
By Eric Cunha; ericunha@alliancenews.com
Copyright 2021 Alliance News Limited. All Rights Reserved.
Capital (CAPD)
Ethernity Net (ENET)
Intelligent Ultrasound (IUG)