Small Caps
Ondine reports significant financial growth
Ondine Biomedical reported significant growth in a trading update on Wednesday, with revenues doubling to $1. 2m in 2023, driven by expanded hospital deployments of ‘Steriwave’.
Angle inks deal with AstraZeneca
Liquid biopsy specialist Angle announced a supplier agreement with AstraZeneca on Wednesday to develop and validate a methodology using Angle's existing DNA damage response (DDR) assay for the detection of micronuclei in circulating tumour cells (CTCs) as a measure of DDR.
ActiveOps flags decent full-year revenue growth
Decision intelligence software specialist ActiveOps said in an update on Wednesday that it anticipated group revenue to reach about £26. 8m for the financial year just ended, marking a 5% increase from the prior year.
Supreme flags record full-year financial performance
Consumer goods specialist Supreme announced a record financial performance for the year ended 31 March in a trading update on Wednesday.
Concurrent Technologies wins $1.57m contract with US client
Concurrent Technologies announced a $1. 57m contract with a major global US prime contractor on Wednesday, for the supply of commercial-off-the-shelf (COTS) products and testing services as part of the contractor's technology upgrade programme.
Serica Energy revenue, earnings fall in full-year results
Serica Energy reported a shift in average realised sales prices in its final results on Wednesday, with post-hedging prices averaging around $63 per barrel of oil equivalent for 2023, a decrease from $104 in 2022.
Tracsis confident despite weaker first half performance
Transport technology provider Tracsis reported first-half revenue of £36. 6m on Wednesday, reflecting a decrease of 6. 7% year-on-year.
Griffin Mining subsidiary adds wind energy to Caijiaying Mine
Griffin Mining announced a significant milestone in its sustainability strategy on Wednesday, as its subsidiary Hebei Hua Ao Mining Industry Company (HHA), inked an agreement with Zhangjiakou Guoao New Energy (ZGNE) to exclusively use energy generated from two 6. 3MW wind turbines, collectively generating 12. 6MW of wind power, at the Caijiaying Mine.
PetroTal announces senior leadership changes
PetroTal announced updates to its leadership team on Wednesday, with Camilo McAllister appointed as its new executive vice-president and chief financial officer.
Jet2 summer bookings rise, warns of more competitive pricing
Package holidays provider Jet2 warned on Wednesday that pricing had become more competitive in recent months but said summer bookings had grown year-on-year.
Filtronic shares rocket after inking SpaceX partnership
Filtronic's shares rocketed after announcing that it had entered into a supply agreement with SpaceX.
Nichols Q1 revenues fall as international sales drop
Soft drinks group Nichols has held on to full-year forecasts despite a mixed performance in the first quarter which saw group revenues fall nearly 6%.
SpaceandPeople renews ECE deal for five years
SpaceandPeople announced the renewal of the agreement between its German subsidiary POP Retail and GB Service, trading as ECE, on Wednesday.
Gear4music trades in line, gross margins and profitability improves
Music instruments retailer Gear4music said on Wednesday that its full-year performance was in line with market expectations, having delivered both gross margin and profitability improvements.
Apax Global Alpha to invest €8m in IANS
Investment firm Apax Global Alpha said on Wednesday that it intends to invest roughly €8. 0m in order to acquire research and advisory services business IANS.
Breedon Q1 revenues drop amid macro uncertainty, wet weather
Construction material group Breedon said on Wednesday that trading had been impacted by wet weather conditions throughout the first three months of the year, leading to a fall in quarterly revenues.
MyCelx reports decent progress across business
Clean water and air technology specialist MyCelx Technologies said in an update on Wednesday that, following the successful sale of its Saudi Arabian business operations in the first quarter, it had redirected internal resources towards advancing its marketing and sales plan for its technologies in the PFAS remediation and enhanced oil recovery (EOR) markets.
Watkin Jones names new CFO
Build-to-rent specialist Watkin Jones said on Tuesday that the underlying operating residential rental market "continues to perform well" throughout H1 and named a new chief financial officer.
88 Energy raising AUD 9.8m to strengthen balance sheet
88 Energy announced its intention to raise up to AUD 9. 8m (£5. 23m) on Tuesday, to strengthen its balance sheet and provide capital for ongoing projects.
Bushveld updates Vametco mineral resources
Bushveld Minerals updated the market on mineral resources and reserves for the Vametco vanadium mine near Brits on the Western Limb of the Bushveld Complex on Tuesday.