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All Things Considered joins AQSE Growth Market.
M7 Regional E-Warehouse REIT joins the Wholesale Segment of the IPSX.
Roquefort Investments joins the Main Market following a Reverse Takeover.
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What’s cooking in the IPO kitchen?
Hydrogen Utopia International PLC (HUI), to join Access Segment of the Aquis Stock Exchange. The company aims to become one of the leading new European companies specialising in turning Non-Recyclable Mixed Waste Plastic into carbon-free
Companies: RMM CCS EUA IME MDZ NSCI ORPH
Pioneer Media Holdings Inc to join the Access Segment AQSE Growth Market. The Company is an investment company focused on the eSports and mobile gaming industries, and all business sectors related thereto. No funds being raised. Due 25 May.
Pharma C Investments to list as a SPAC on the Access Segment of the AQSE Growth Market. It is specifically seeking to take advantage of the dynamic regulatory environment surrounding legal Medicinal Cannabis. Due 26 May. No shares being issued on admission.
Companies: ALU AQX DXRX DX/ GMR HE1 IME KZG RBBS SYM
Dish of the day
Dianomi (DNM.L), the provider of native digital advertising services to premium clients in the Financial Services and Business sectors, has joined AIM with an issue price 273p. Primary capital to be raised on admission £5m, Secondary Placing £32m and an anticipated Market Cap £82m. In FY 2020, revenue was £28.43m, representing growth of 58.8% compared to FY19. The majority of the Group's revenue is generated in the Americas (FY20: 76.6 %) followed by EMEA (FY20: 17.0%.), and APA
Companies: DDDD CORA DELT FCRM IME K3C MRL VEL WTE
Joiners: Orcadian Energy (ORCA.L), the North Sea focused, oil and gas development company, has joined AIM. The Company's key asset is the 100% interest in the Pilot oilfield, with audited proven and probable reserves of 78.8m barrels (audited by Sproule BV). Raised £33m at 40p. Mkt Cap £25.5m.
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What’s cooking in the IPO kitchen?
South West Brands the multi-brand cannabidiol consumer goods company intends to float on the Main Market (Standard). Raising funds to contin
Companies: ASMO ALU BOOM BIRD JAY CYAN IME KAPE CRDL PAT
Upon Admission to AIM, Nightcap will acquire The London Cocktail Club Limited (the "London Cocktail Club"), which is an award winning independent operator of ten individually themed cocktail bars in nine London locations and one location in Bristol. Offer TBC. HSS Hire Group, HSS.L transfer from Main to Aim. Mkt Cap c. £70m. Recently raised £52.6m. Leading supplier of tool and equipment for hire in the United Kingdom and Ireland and has provided equipment hire services in the United Kingdom for
Companies: PMI RMM SUN BOIL ITM TRMR MLVN 88E IME ANP
Immedia has delivered, in line with our previous forecasts, a significant improvement in its full year results, bringing the Group back into profitability and enhancing its cash balances. FY18 PBT of £106K represents an impressive swing of £800K from last year’s result. This has been driven by a combination of strong turnover growth, gross margin improvement and tight cost control. While much of this benefit came from the Nationwide contract, trading relationships strengthened with other key cli
Companies: Immedia Group Plc
SAVANNAH RESOURCES (SAV.L) | THOR MINING (THR.L) | IMMEDIA (IME.L)
Companies: SAV THR IME
Immedia develops and manages interactive media, audio and video channels to enable its clients to engage with customers and improve branding and corporate communication, supported by analysis and consultancy services. It entered FY18 having reorganised and strengthened the Board, integrated AVC Media (acquired in Q316), launched its proprietary DreamStream X encrypted content distribution platform and reduced costs by £250,000. The Group recently added Nationwide Building Society to a client lis
IMMEDIA (IME.L) | IMMUPHARMA (IMM.L) | FISHING REPUBLIC (FISH.L)
Companies: IME IMM FISH
Litigation Capital Management—provider of litigation financing and ancillary services, moving from ASX (ASX:LCA) to AIM. Offer TBC. Due 18 Dec. Mkt Cap A$64m.
Crossword Cybersecurity PLC* (NEX:CCS)—the technology commercialisation company focusing exclusively on the cyber security sector is due to start trading on AIM 14 December. Raising £2m at 290p. Mkt cap at issue price £13.6m.
Manolete Partners—leading UK insolvency litigation financing business looking to join AIM raising £16.3m as
Companies: INSE QFI SOU IME NAPS APC TM17 IHC CIP
Immedia Group has announced that it has formally signed a threeyear contract for the delivery of live music and audio streaming to a major (unnamed) UK financial institution’s consumer retail estate. This follows the services installation contract announced in April 2018 with the same customer and the final terms announced in July 2018. We believe the contract extension highlights the Group’s continued momentum, driven by its evolving strategic direction and demonstrated by its growing client pa
Greenfields Petroleum (TSX-V:GNF) production focused company with operated assets in Azerbaijan seeking AIM dual listing including $60m private placement. Mkt cap $12.6m CAD
Wentworth Resources— oil and gas exploration and production company, with assets in the onshore Rovuma Basin of East Africa. Introduction only. Mkt Cap c £50m . Due today
Finncap—proposed acquisition of M&A adviser Cavendish Corporate Finance and AIM admission. Offer TBA
Kropz PLC—an emerging plant nutrient producer with
Companies: EAH 88E BOD SPO BMK BOTB AEO IME TYMN IKA
Immedia released 1H18 results delivering a strong performance against 1H17. The Group generated revenue of £2.0m versus our FY2018E revenue estimate of £4.4m driven by better than expected revenue from both existing clients and new business wins. EBITDA of £0.04m versus a 1H17 loss of £0.10m was driven by the emerging benefits of the Group’s cost reduction measures and a favourable contract margin mix. We make no changes to our estimates but see FY18E estimates well underpinned by the continuati
Immedia PLC has announced that it has signed final terms for the delivery of live music and audio streaming for a major UK financial institution following on from the services installation contract announced prior to full year results in April 2018. We believe the announcement further highlights the momentum the Group is experiencing and underpins our unchanged forecasts.
Jadestone Energy (JSE.TO)—an independent oil and gas production and development company focused on the Asia-Pacific region. Pro-forma production of 13.9 mboe/d, 2P reserves of 45.3 MMboe, and a 2P NPV10 of US$563.7 million . Offer TBA.
Current mkt cap C$135m. Due early August.
CentralNic-Schedule 1 from the business operating in proprietary retail platforms selling domain names and associated web presence services including hosting and email on a subscription basis, has acquired KeyDrive S.A w
Companies: KP2 BOD IDE ENW WSG SXX IME MIN FLX
Research Tree provides access to ongoing research coverage, media content and regulatory news on Immedia Group Plc.
We currently have 22 research reports from 3
Companies: Kape Technologies Plc
Reach’s YTD update shows further resilient performance against a challenging backdrop. Group revenue declined 0.9% y/y in the 4-months to April (in-line) as growth trends normalised and tougher, post-lockdown comparables are lapped. Within the mix, Print positively surprised, posting modest -4% y/y decline (SCMe FY’22e: -6%) – cover price increase acceptance helps demonstrate the relative pricing inelasticity of RCH’s loyal audience base. Digital revenue momentum remains positive (YTD +9% y/y; Q
Companies: Reach plc
S4 Capital has released very strong 2021 results and a robust start to 2022, and we raise our 2022 Gross Profit and EBITDA forecasts by +5% and +3%, respectively.
Companies: S4 Capital plc
Tremor has reported record Q1 22 net revenue of $71.0m from +13% organic growth, record Q1 22 adjusted EBITDA of $33.6m at a margin of 47%, and continued to build its net cash to $371m including $13m of buyback. Its adjusted EBITDA for Q1 and its guidance for Q2 of c$40m are in line with consensus, while its Q1 22 net revenue and Q2 22 guidance of $75-80m are c3-10% light, as Tremor is focusing on scaling its higher-margin self-serve and PMP revenue, and has seen some advertisers postpone spend
Companies: Tremor International Ltd.
Companies: 4BB FOUR ARB IOF
Q1 22 was strong in each division. Total advertising revenue increased by +16% as expected and digital advertising surged by +27%. ITV Studios revenue grew by +24% at constant currency thanks to strong deliveries of programmes. Total advertising revenue growth is expected to be +5% in H1 22 due to a tough comparative in Q2 22. ITV Studios benefits from the high demand for content and is confident on its performance in 2022. The launch of ITVX is confirmed for Q4 22.
Companies: ITV PLC
In a very encouraging update, given the global macro pressures, 4imprint has detailed a very strong performance in the first four months of 2022. Order counts in the primary North American business were up 11% on 2019 (providing a pre pandemic comparison) and average order values were up +14% on 2019. Total demand (orders received) was up +27% on 2019, with new customer acquisition remaining encouraging and retention reflecting the growing customer file. 4imprint is now on track to hit its targe
Companies: 4imprint Group plc
FY trading update from Mirada plc, the leading provider of integrated software for digital TV operators and broadcasters, indicates that FY22 will be similar to FY21 with revenue of $11.0m (ACLe: $12.1m, FY21: $11.1m) and adj. EBITDA is expected to be $1.6m (ACLe: $1.7m, FY21: $1.7m). FY22 included very strong growth in licence revenue from existing customers (+54% over FY21) and this helped to offset a reduction in professional services and the delays to new contracts.
Companies: Mirada PLC
S4 Capital has released a Trading Update that confirms trading for the first 11m and forecasts for December are in line with expectations, with LFL gross profit 'well ahead' of previous guidance for +40%. We forecast +44%, including +35% in Q4, which is double the growth rate of the group's addressable markets. The group has invested heavily in human capital this year to bed down Whopper accounts and position itself to maximise the opportunity in new areas, notably Connected TV, eCommerce and di
4imprint has announced that trading over the first four months of the year was stronger than anticipated. Both order volumes and average order values are up double digits over the same period in 2019, resulting in revenues up 27% on the pre-COVID comparison. The group is now back on track to reach its long-held FY22 target of $1bn revenue and we have upgraded our forecast accordingly. Our new forecasts show a more robust recovery in operating margin, despite the economic uncertainty and inflatio
Audioboom plc* (BOOM.L, 277.5p/£38.9m) Interims: H1 in line; strong performance against KPIs (18.07.19) | Mirada plc* (MIRA.L, 1.30p/£11.6m) Netflix integration (17.07.19) | Blackbird plc* (BIRD.L, 7.1p/£20.1m) TownNews extends deployment (16.07.19) | Attraqt Group plc* (ATQT.L, 35p/£63m) Meeting with management: Cross-sell opportunity (18.07.19)
Companies: BOOM BIRD ATQT MIRA
FY’21 saw organic revenue growth for the first time in over a decade. Group revenues rose +3% y/y to £616m, with AOP margins rising +140bps y/y to 23.7% supported by mix shift towards Digital. Digital sales (24%/group) grew +25% y/y with key milestones reached: 1) unique registrations hit 10m (a year ahead of plan); 2) >200 campaigns were run using Plus+ products (launched Q2); and 3) ARPUs grew +25% y/y to £3.55/unique visitor. Reach enters FY’22 with both rising audience engagement and improvi
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Summerway Capital plc, (AIM:SWC) to be renamed Celadon Pharmaceuticals plc following completion of the acquisition of Vertigrow Technology Ltd, is to relist on AIM. Vertigrow is a UK based pharmaceutical Company specialising in the researching, growing and supply of medicinal cannabis, for a total consideration of £80m. Summerway is an investing company focused on investment and acquisition opportunities acr
Companies: TAST CNIC HMI IXI OMI SDX SNX
Companies: Eagle Eye Solutions Group PLC