Small Caps
Small cap news round-up
Europa Oil and Gas AIM-quoted Europa Oil and Gas is to sell 10% of its stake in two Lincolnshire licences to Upland Resources.
Europa Oil & Gas to sell 10% of its stake in Lincolnshire licences
AIM-quoted Europa Oil and Gas is to sell 10% of its stake in two Lincolnshire licences to Upland Resources.
Utilitywise in line with expectations although corporate division slows
AIM-listed Utilitywise performed in line with expectations in the first half of the year, although the business utility specialist endured a slowdown in the corporate division.
FairFX Group launches China payments
Fintech firm FairFX Group’s customers are now able to make same day payments to mainland China.
Synectics improves H1 pre-tax profit with rise in dividend
Shares in Synectics are up almost 8% after it turned in an improved first-half pre-tax profit, along with a rise in revenue and final dividend.
Image Scan maintains strong order book
Real-time security and industrial inspection x-ray specialist Image Scan provided a trading update on Tuesday morning, ahead of its 2017 annual general meeting being held during the afternoon.
SigmaRoc upbeat on Ronez Ltd acquisition
SigmaRoc said the trading performance of Ronez Ltd has been strong, adding the development of that company's required back-office systems was proceeding at a much lower cost and faster than expected.
Recurring revenues and earnings improve at Netcall
Customer engagement software provider Netcall announced its unaudited interim results for the six months to 31 December on Tuesday, with the board reporting robust bookings in the period, and trading in line with management expectations.
Abzena sees FY revenues in line with expectations
Abzena sees full-year group revenues in line with its expectations, saying first-half momentum and strong demand for services has continued.
Grafenia warns FY earnings will likely be significantly behind market views
Shares in Grafenia fell by almost a fifth as it confessed to a cautious outlook and warned its full-year earnings would likely be significantly behind market views.
Dotdigital revenue rises in first half
Digital marketing software-as-a-service and managed services provider dotdigital Group announced its results for the six months to 31 December on Tuesday, with revenue from operations up 17% to £15. 0m, from £12. 9m.
Airea's shares fall on cautious commentary accompanying H1 profit
Shares in Airea are down more than 12% as its improved first-half pre-tax profit came with news of project delays, input price pressure, demand uncertainty and a rising pension deficit.
Lighthouse Group profits shine as sunset clause offset
Independent financial adviser group Lighthouse delivered a strong set of annual results as it generated higher revenue per adviser and the revenue mix shifted towards higher margin divisions.
GoTech in talks with NHS over 'skills2achieve' product
Sports and wellbeing focused technology company GoTech Group announced on Tuesday that it remained in discussions with the National Health Service, which was looking to support a potential pilot with around 200 schools nationwide to assess the impact of the ‘skills2achieve’ product in the health education of four-to-11 year olds in the fight against childhood obesity.
Bacanora Minerals to buy 50% stake in German lithium project
AIM-listed miner Bacanora Minerals is to buy a 50% stake in, and gain joint operational control of, the Zinnwald lithium project in Germany from SolarWorld for an initial €5m that could rise to €40m.
Trakm8 warns on profits but outlook 'remains very positive'
Trakm8 has warned annual operating profits will be "significantly" below the prior year, as it endures delays to new revenues coming on stream as its shifting revenue model towards more software-as-a-service and rental revenue continues to weigh on finances in the short term.
AFH Financial Group buys Devon-based financial management company for £1.4m
Wealth manager AFH Financial Group has bought Devon-based Bay Financial Management, for up to £1. 4m to strengthen the company’s presence in the south west of England.
GLI Finance plans SME Loan Fund sale
GLI Finance said it was looking at selling its stake in the SME Loan Fund for slight discount in order to repay a £14. 86m syndicated loan that matures on 15 March.
Artilium gains 5-year contract extension with biggest customer
Artilium, a provider of telecommunication software, has expanded its mobile virtual network enabler platform deal with its largest customer, Telenet Group, for the next five years.