Aim Bulletin
Gama Aviation narrows losses as revenues soar
Aviation services provider Gama Aviation saw revenues soar during the first six months of the year, helping it to narrow pre-tax losses for the period.
Crossword Cybersecurity shares fall as losses widen
Shares in Crossword Cybersecurity fell on Monday as it reported a deepened interim loss, with higher costs more than outweighing revenue growth.
MTI Wireless Edge receives antenna order worth $1m
Communications and radio frequency solutions provider MTI Wireless Edge announced on Monday that its antenna division has received an order valued at around $1m (£0. 8m).
Urban Logistics acquires Connect Group portfolio of depots
Specialist industrial and logistics investor Urban Logistics REIT announced on Monday that it has exchanged contracts to acquire a portfolio of six parcel distribution depots from Connect Group for a total consideration of £9. 9m before purchaser costs, at a 7. 04% net initial yield.
Osirium Technologies expands relationship with public sector IT provider
Cloud-based cybersecurity technology vendor Osirium Technologies announced a “significant” contract win with an unnamed “major” UK provider of software and IT services to the public sector on Monday.
Power Metal uncovers 'large scale' nickel sulphide targets
Exploration firm Power Metal Resources has uncovered "large scale" nickel sulphide targets across its Tanzanian and Botswana assets.
Seeing Machines sees revenues drive ahead
Australia’s Seeing Machines has forecast further growth in 2020 after full-year revenues jumped.
Keystone Law profits jump on strong recruitment
Keystone Law Group on Monday reported double-digit profit and revenue growth after a period of strong recruitment.
Brighton Pier thanks weather for bright start to the year
The owners of Brighton’s 120-year old Palace Pier said on Monday that the current year had got off to a sunny start thanks to record weather over the August bank holiday.
Instem profits climb as outsourced services revenue jumps
Instem on Monday reported a jump in interim profits after booking double-digit revenue growth on the back of higher outsourced services and software as a service (SaaS) orders.
XLMedia warns on profits as regulations and costs weigh
Marketing group XLMedia warned on Monday that full-year earnings and revenues would be lower than expected as first-half results were hit by gambling regulations and increased corporate costs.
Iofina cuts losses as revenue boosted by rising iodine prices
Iofina on Monday reported a narrowing of its interim losses as revenue increased on the back of growth in sales volumes and higher iodine prices.
Sosandar hails 'exciting time' of growth and development
Women's fashion brand Sosandar said on Monday that the first half of the year had been "an exciting time of growth and development".
Microsaic Systems losses deepen on higher costs
Microsaic Systems reported a deepening of its interim losses on Monday as an increase in expenses outweighed revenue growth.
Harvest Minerals expands mining area at Arapua Project
Fertiliser producer Harvest Minerals has expanded the current mining area and added additional run-of-mine storage capacity at its Arapua Project in Brazil, it announced on Monday.
Sylvania Platinum launches share buyback to cover treasury shortfall
Sylvania Platinum announced on Monday that it intends to acquire up to 4. 2 million ordinary shares under a share buyback.
Evgen Pharma upbeat on latest news from SFX-01 studies
Clinical stage drug development company Evgen Pharma announced on Monday that five patients who participated in the ‘STEM’ trial received ‘SFX-01’ treatment for more than one year, with two of those patients continuing to be treated with SFX-01.
Northgate reiterates Brexit caution as strategic review continues
UK, Ireland and Spain-focussed light commercial vehicle hire specialist Northgate told shareholders that its strategic review, focussed on the company’s “significant intrinsic value”, was ongoing on Monday, as they gathered for their annual general meeting.
Mkango's Magninito inks deal with magnet recycling pioneer HyProMag
Mkango Resources announced on Monday that its majority-owned subsidiary Maginito has signed an investment term sheet and one-year exclusivity agreement with HyProMag - a private company focused on rare earth magnet recycling.
Premier African Minerals chairman resigns
Natural resources group Premier African Minerals updated investors on its progress in Zimbabwe on Monday as it announced the resignation of chairman Michael Foster.