Small Caps News
Oxford Metrics turns in decent full-year performance
Software company Oxford Metrics reported an 11. 7% improvement in headline group revenue in its preliminary results on Tuesday, or 10% at constant currency, to to £35. 3m, which it said was driven by a “strong” performance from Vicon.
Power Metal Resources inks deal to earn-in to Alamo project
Metals exploration and development company Power Metal Resources announced the signing of an agreement over the Alamo project in Arizona on Tuesday.
Rockfire shares surge on latest data from Plateau
Gold and base metal explorer Rockfire Resources announced on Tuesday that drilling of a new breccia zone - Central Breccia - has discovered high-grade, near-surface gold, 120 metres east of drill hole BPL025, which returned 177 metres at 0. 5 grams of gold per tonne.
Highland Gold Mining conducts first gold sale on Moscow market
Highland Gold Mining has become the first gold producer to conduct a sale on the Precious Metals Market of the Moscow Exchange, it announced on Tuesday.
Hargreaves Services trades in line after 'satisfactory' half
Property services group Hargreaves Services said trading had been "satisfactory" in the six months ended 30 November, with the board now anticipating the company's interim results would be in line with expectations.
Falanx losses widen as it invests in opportunities
Cybersecurity and intelligence provider Falanx Group reported a 21% improvement in group revenues in its interim results on Tuesday, to £2. 64m.
MXC Capital swings to profit after strong year
Technology-focussed advisor and investor MXC Capital reported a “strong” balance sheet in its final results on Tuesday, with net assets standing at £71. 3m at year-end, up from £63. 9m, which included £21. 5m of cash with no borrowings, compared to £12. 4m.
Challenging laser market hits Gooch & Housego profits
Optical components and systems manufacturer Gooch & Housego reported a 3. 4% improvement in revenue in its preliminary results on Tuesday, to £129. 1m.
The Gym Group to open up to 8 ‘small box’ gyms in 2020
The Gym Group said on Tuesday that it expects to open between five and eight 'small box' format gyms next year, as it announced a new credit facility.
ULS Technology profits edge higher as margins rise
ULS Technology on Tuesday recorded slight interim profit growth on the back of margin improvement, though it warned that future results will take a hit from investment in product development.
Solid State hikes interim dividend after profits soar
Solid State boosted its half-year payout on Tuesday as it reported a surge in interim profit following a strong performance from its manufacturing segment.
Arc Minerals takes controlling stake in Zaco
Africa-focussed exploration junior Arc Minerals acquired a further 5% interest in copper and cobalt miner Zaco on Tuesday, giving the group a controlling stake in the firm.
Blackbird strikes two-year deal with new customer Eleven Sports
Cloud video editing platform provider Blackbird has been chosen by Eleven Sports for the rapid editing and publishing of sports content to fans online, the company announced on Tuesday, with the contract running for two years.
Genedrive upbeat on latest results from RNR1 kit testing
Near-patient molecular diagnostics company Genedrive announced on Tuesday that in its case-control clinical validation, the antibiotic-induced hearing loss assay - the ‘Genedrive MT-RNR1 ID’ kit - achieved a diagnostic sensitivity of 100% and specificity of 100% on a cohort of 303 samples.
Renalytix AI gets national Medicare pricing for 'KidneyIntelX' in US
Artificial intelligence-enabled kidney disease diagnostics provider Renalytix AI announced on Tuesday that the Centers for Medicare and Medicaid Services (CMS) has released the final 2020 Clinical Laboratory Fee Schedule (CLFS), and has set a national price for its ‘KidneyIntelX’ test in the United States.
WANdisco secures $1m in renewal and expansion contracts
Live data company WANdisco signed renewal and expansion contracts worth roughly $1m on Tuesday as the group continued to see customers look to its Fusion technology as an enabler of their expanding requirements.
KEFI Minerals reports 'excellent start' to testing at Hawiah
Ethiopia and Saudi Arabia-focussed gold exploration and development company KEFI Minerals reported further encouraging assay results from the drilling programme at its Hawiah Exploration Licence in Saudi Arabia on Tuesday.
Boohoo hails record Black Friday sales
Online fast fashion retailer Boohoo said on Tuesday that it achieved record sales over the Black Friday weekend.