The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
@Gracetrad1 - HL research team feels differently though ? Check the link -
https://www.hl.co.uk/funds/research-and-news/amati-uk-listed-smaller-companies-april-2024-fund-update
These TR1s and directors buys possibly indicating a turn around !
Check the link below for APTA’s partnership portfolio. Some big names and 3 undisclosed partners; some numbers also there!
Considering, only the book value of those contracts the SP is way too undervalued IMO !
https://aptamergroup.com/portfolio/ DYOR
Get in and hold 😊 GLA
GLA
No placing risk according to the company and millions/billion contracts incoming !! Wow
https://x.com/arrontolley/status/1775903597479256199?s=46&t=WuyCAqCnuctRxVwyXpOFyg
Re. Recent partnership with Kairos Biotech.
They will use Aptamer’s Optimer binder technology as they target an £800 million transplant diagnostic sector and a potential £2 billion transplant immunotherapy market.
Big numbers there !
Aaron says ‘no raising’
https://x.com/arrontolley/status/1775903597479256199?s=46&t=WuyCAqCnuctRxVwyXpOFyg
Https://x.com/arrontolley/status/1782446952296173677?s=46&t=WuyCAqCnuctRxVwyXpOFyg
Get ready 🚀🚀🚀🚀
https://x.com/arrontolley/status/1782440925639180762?s=46&t=WuyCAqCnuctRxVwyXpOFyg
GLA
Ethernity Networks Ltd (AIM: ENET.L; OTCMKTS: ENETF), a leading supplier of data processing semiconductor technology for networking appliances, today announces its audited results for the year ended 31 December 2023.
Highlights
· FY 2023 revenue of $3.8 million represents 29% growth vs. 2022 revenues (2022: $2.9 million).
· FY 2023 cash collections from customers amounted to $4.9 million.
· Gross profit increased by 46% to $2.3 million (2022: $1.6 million).
· Operating loss decreased from $8.7 million in 2022 to $5.3 million in 2023 reflecting a decrease of 27%.
· EBITDA loss for 2023 decreased by 47% to $3.9 million (2022: $7.3 million).
· EBITDA loss for H2 2023 decreased by 74% to $0.8 million from $3.1 million in H1 2023.
· Net cash funds raised during the year amounted to $3.6 million.
· Cash at 31 December 2023 of $2 million (31 December 2022: $0.7 million)
David Levi, Chief Executive, said "During this past year, we achieved significant growth in revenue and gross margin, with a major turnaround in the second half. This success came despite facing headwinds from the global economic climate. Based on the scopes of work being discussed with potential new customers, Ethernity expects to secure new contracts for our Carrier Ethernet and PON technology, in incremental non-recurring engineering (NRE) revenue in 2024 on top of our established business. This momentum positions us for significant future growth as our OEM partners leverage our solutions to win market share and generate revenue for themselves. We anticipate this will translate into substantial new revenue opportunities for Ethernity in 2025".
Not seen such a great result on any LSE small cap in recent times ! Likely to see a few more RNS’s next week with news of new contracts !!!
De-rampers doing their bit to find a way to get in cheap 🙂
Well done BOD !
GLA