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anyone else notice the blue +55.8% on the 8 am open?
Sainsbury's has announced a new partnership with restaurant chain Carluccio'
A local city council and a leading UK property company
Financial Highlights:
§ Total Group Sales of US$185.1 million (2019 US$156.9 million)
§ Pre-Tax Profit of US$26.3 million (2019 US$9.4 million)
§ After-Tax Profit of US$25.2 million (2019 US$7.9 million)
§ EBITDA of US$75.2 million (2019 US$54.5 million)
§ Adjusted EBITDA1 of US$62.3 million (2019 US$46.3 million)
§ Diluted earnings per share US$ cents 5.02 (2019 US$ cents 1.50)
§ Total bank debt of US$13.2 million with ~US$30 million capital repaid in the year and forecasting to have repaid all current bank debt by the end of H1 2021
§ Net Cash of US$1.5 million
Motoring up. Something is driving this upwards. Momentum player. Looking good. Relative strength as a % in one week is a pleasing 17.6%.
hardly excellent,,,, MINUS 49.4% ..Adjusted profit before tax (Defined as profit before tax, excluding exceptionals items and fair value movement on financial instruments. The Directors believe that adjusted profit before tax represents the most appropriate measure of the Group's underlying profit before tax profit as it removes items that do not form part of the recurring activities of the Group.)
and after good highlights this
• COVID-19 continues to have no material impact on USF's operating activities.
Strong numbers here,,, and ''WELL POSITIONED FOR GROWTH''
BBN??
positive comment from CEO PJ as you would expect,,,,
some negatives her but "Positively, the vanadium price has continued to rise following a strong start to the year with increased demand in Europe and US on the back of a post-Covid period of growth. As the world continues to open up, we have confidence in the demand side of the vanadium market."
Improving Quality and Value here....
and there was more great news: * The Company has significantly improved its financial position in 2020 and
1Q21. The Company’s Net Debt to EBITDA ratio has steadily improved over the last years: 5.6x in 2018, 4.7x in 2019 and 1.6x in 2020. Management maintains a positive view on the Company’s capacity to raise funding for the
Company’s upcoming capital requirements at attractive terms.
* On COVID-19 update, the Company did not experience any negative effect or interruptions on its production operations during the quarter. All operational processes continued at a regular pace despite of unfavorable weather conditions during the quarter.
The Board of Directors is pleased to announce that the Initial Issue was well supported by new and existing investors and has been oversubscribed.
"With President Biden recently announcing yet more ambitious carbon reduction targets, and extending Federal subsidy support, we believe the opportunity and need to invest in utility scale solar remain compelling and urgent. We would like to thank our new and existing investors for their support and look forward to updating them on further progress shortly."
Onwards and upwards for this company from now on.
a strange comparison,,,,
Great RNS. Surely will add more to the sp
Enough to keep the lights on at least.
Financial Summary
Record revenue performance of £178.0m (FY 2019: £140.0m) representing 27% YoY revenue growth driven by the start of the 5G mega-cycle
Wireless revenue of £94.2m (FY 2019: £68.2m) representing 38% YoY growth, driven by 5G infrastructure deployments in Asia, in particular GaN on SiC for mMIMO base stations and 5G handset market penetration, where there has been an increase in GaAs content versus 4G phones
Photonics revenue of £81.6m (FY 2019: £69.8m) representing 17% YoY growth, driven by continued growth in 3D Sensing and other advanced sensing applications, in particular epiwafers for Direct Time-of-Flight (DToF) camera modules that are enabling augmented reality
Foreign exchange headwind of £0.5m (constant currency USD revenue growth of 27.5% YoY)
Net cashflow from operations of £35.5m (FY 2019: £8.9m) resulting from the strong trading performance, capital spending controls and working capital management, leading to a net cash position (excluding lease liabilities) of £1.9m as at 31 December 2020 (FY 2019: net debt of £16m)
Increase in profitability with an adjusted operating profit of £5.4m (FY 2019: £(4.7m) loss) as a result of revenue growth and the benefits of high operational gearing
Reported operating loss of £(5.5)m (FY 2019: £(18.8)m) as a result of exceptional impairment charges and legal costs reported at the half year, offset by the proceeds from the settlement of a legal dispute resolved in IQE’s favour
Capital expenditure reduced to £5.0m on PP&E (FY 2019: £31.9m) following the completion of the infrastructure phase of the Group’s capacity expansion in 2018 and 2019
exceptional operational and financial growth.