Joiners No joiners today. Leavers Wameja has left AIM. What’s cooking in the IPO kitchen? Market rumors that Softline to list in London. Softline is a Russian founded, IT-services provider working with vendors like Microsoft, Oracle, and IBM. The company has a track record of outperforming in the IT market and a strong history of M&A growth. They’re headquartered in London, have around 5,000 employees and reported a turnover in 2020 of $1.8bln. Oxford Nanopore Tech—expected intention to fl
Companies: ANIC AGY BOOM BRSD IGE JADE MOS SO4 TCN VDTK
A positive trading update from Audioboom Group plc, one of the leading independent podcasting companies, results in the fourth significant upgrade to forecasts this year as the company continues to outpace growth of the global podcasting industry. This performance has been driven by continued growth in the Audioboom’s content-focused expansion plan with growth in premium advertising inventory, increased demand and strong pricing, and increased back catalogue inventory created by Audioboom’s prop
Companies: Audioboom Group PLC
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. Leavers: No Leavers Today. 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 MNO PAT
Another positive trading update from Audioboom, one of the largest independent global podcasting companies, as the company continues to outpace the wider market results in our third forecast upgrade in 2021. The outperformance is a function of several factors: expansion of Audioboom’s ad tech capabilities and associated revenue streams, enabling the re-monetisation of its back catalogue; high demand for premium advertising inventory that has helped to increase average ad unit pricing by 20% over
Joiners: Thor Explorations (TSXV:THX;THX.L) has completed a secondary listing on AIM. . Segun Lawson, President & CEO, stated: "Today's admission to the AIM market of the London Stock Exchange represents another milestone in the development of the Company, offering wider access for investors as we progress through a transformational period in the Company's development. We continue to focus on pouring first gold at the Segilola Project in Nigeria in July 2021, targeting publication of a Maiden r
Companies: 4BB ADME BOOM EAAS EUZ FO LPA PPS SUN
Blackbird plc* (BIRD.L, 32.25p/£108.7m) | Audioboom plc* (BOOM.L, 820p/£128.5m) | CAP-XX Ltd* (CPX.L, 7.65p/£33.8m) | Starcom plc* (STAR.L, 0.975p/£3.4m)
Companies: BIRD BOOM CPX STAR
MTI Wireless Edge Ltd* (MWE.L, 68.0p/£60.2m) | Blackbird plc* (BIRD.L, 37.0p/£124.7m) | Audioboom plc* (BOOM.L, 600p/£94m)
Companies: MWE BIRD BOOM
Audioboom plc* (BOOM.L, 690p/£108.2m) | Blackbird plc* (BIRD.L, 24.2p/£81.8m) | CAP-XX Ltd* (CPX.L, 9.54p/£42.2m)
Companies: BOOM BIRD CPX
Positive trading update from Audioboom, one of the largest independent global podcasting companies, results in a second forecast upgrade in short order. Management reports a high volume of bookings since the Q3 advertising inventory was recently made available. Average fill rates on Audioboom’s Top 50 shows are also exceeding 85%. As a result, signed advertising bookings represented more than 95% of our existing revenue forecasts ($37.5m) and management expects to significantly exceed these. We
Positive Q1 trading update from Audioboom, one of the largest independent global podcasting companies, with record quarterly revenue and the important milestone of a maiden quarterly adj. EBITDA profit. BOOM continues to outpace the global podcasting market, itself the fastest growing digital audio market, and there was strong KPI performance (global downloads, brand count and eCPM). The company is pursuing its content focused expansion strategy with the launch of additional Audioboom Originals
Semper Fortis Esports* recently announced its intention to IPO onto the Access Segment of the Aquis Stock Exchange Growth Market. Semper is a multi-operational Esports organisation focusing on gaming technology solutions, brand enhancement and high growth team infrastructures. The company plans to raise £2.5m to develop their three core areas of establishing an esports team, forming partnerships with brands for sponsorship and B2B consultancy services. The Board are highly experienced in spor
Companies: VASTN RMM ARK SEEN CRC GFM CORO ALBA TUNG BOOM
Record FY20 performance from Audioboom plc, one of the largest independent global podcasting companies, with revenue +20% at $26.8m. As flagged in January’s update, BOOM continues to outpace the global podcasting market as it bounced back from the Q2 CV-19 lull in Q3 and accelerated in the final quarter. Q4, typically BOOM’s strongest quarter, saw record revenue (+25% at $8.5m) as well as other KPIs (brand count, eCPM and available ad inventory). Coupled with continued cost control, adj. EBITDA
Blackbird plc* (BIRD.L, 25.0p/£84.3m) | CAP-XX Ltd* (CPX.L, 7.85p/£34.7m) | Audioboom plc* (BOOM.L, 430p/£67.4m)
Companies: BIRD CPX BOOM
MTI Wireless Edge Ltd* (MWE.L, 83p/£71.7m) Finals: Strength of diversified model (01.03.21) | CAP-XX Ltd* (CPX.L, 8.75p/£48.6m) Interims: Strong growth in order book and sales enquiries (25.02.21) | Audioboom plc* (BOOM.L, 430p/£67.4m) Update: Ranked 5th biggest US podcast publisher (26.02.21)
Companies: MWE CPX BOOM
tinyBuild— a leading video games publisher and developer with global operations. tinyBuild's strategic focus is in creating longlasting IP by partnering with video games developers, establishing a stable platform on which to build multi-game and multimedia franchises is to join AIM. Offer details TBC. Due mid-March. AMTE Power, a developer and manufacturer of lithium-ion battery cells for specialist markets, announced its intention to seek admission to trading on AIM. Admission is expected to ta
Companies: ARS ESC AQX ARTL KRS KBT GRP BOOM CNS ANIC
Research Tree provides access to ongoing research coverage, media content and regulatory news on Audioboom Group PLC. We currently have 110 research reports from 6 professional analysts.
Upon publication of VRE’s interim results, we use this note to re-visit the investment case for VRE, together with a re-initiation of forecasts. Confirming the positive newsflow on client gains and sales growth over the H1 period, VRE posted an 83% increase in turnover to €1.25, with ENGAGE revenues 50% up on the total achieved in 2020. Our forecasts show a three-year turnover compound average growth rate (CAGR) of 91% to €9.8m in 2023E, in line with the objective to reach €10m of ENGAGE revenue
Companies: VR Education Holdings PLC
Companies: 1Spatial Plc
The Panoply has released a very strong trading update for the 5m to August which states trading is 'significantly ahead of expectations' and we raise our revenue forecasts by +7%. In the 5m period, the group secured c£50m of new contracts, nearly triple the £18m won in the same period last year and including a c£10m/5yr contract in the utilities sector. The Panoply is raising LFL revenue growth guidance from 10-15% to 15-20%, which feeds through to FY revenues of over £77m, compared with our pre
Companies: Panoply Holdings Plc
Ingenta is a provider of software technology and supporting services to content providers and publishers around the world. The company enjoys a stable, high level of recurring revenue and has consistent cash generation leaving it well positioned for its planed future growth and able to introduce a progressive dividend policy announced today with the H1/21 interim results (4.5% forecast yield). Ingenta has a well-established market position and requires minimal investment in its core products for
Companies: Ingenta plc
Exactly one year ago, the FTSE 100 closed at 5,862, having fallen 100 points on the day, the lowest point since mid-May 2020, due in part, to the strength of sterling vs US$ at $1.34. One year on, the FTSE 100 has risen to 7,119, a rise of 21%, it remains 7% below the peak in January 2020. From an international viewpoint, US and European markets continue to trade at record highs. The US Federal Reserve is close to withdrawing some of its economic support this year as inflation picks up and the e
Companies: AMYT BAG BVC BRSD CLG CML FBD GDWN INV MACF MNZS MIO NRR NSF NBI MATD PREM QFI RUA SCS STVG SUR SNX UPGS VAST VLS
Companies: Luceco PLC
Blackbird has delivered a strong set of first half results, hot on the heels of a landmark deal post period, its first ‘Powered by Blackbird’ licencing contract. H121 revenue grew by 21% to a record £867k, despite the adverse dollar impact. The gross margin was maintained at 90.4% and cash burn only marginally increased (by £97k), despite investment in sales and R&D, leaving net cash at £5.7m. Management reiterated they are well funded to break even. Numerous new partnership deals have been anno
Companies: Blackbird PLC
Blackbird plc* (BIRD.L, 38.0p/£128.1m) First OEM licensing deal (07.09.21) | CAP-XX Ltd* (CPX.L, 6.15p/£31.3m) Contract win: Selected for Spire's Health Tag (07.09.21) | Newmark Security plc* (NWT.L, 21.75p/£76.5m) Finals: Resilient performance; positive outlook (10.09.21)
Companies: BIRD CPX NWT
This is a positive 1H21 performance, seeing growth in all regions and customer segments, as well as a significant strengthening of the financial position; on track to meet profit expectations for FY21, and ahead on revenue forecasts. Dividends recommenced with the FY20 finals and now an Interim dividend of 0.2p has been declared (1H20: Nil). The financial strength also will allow Eleco to make substantial investment in its long-term growth in FY23 and FY24. Management is flagging investment in a
Companies: Eleco Plc
Companies: Bango plc
ZOO has provided a short trading update to accompany its AGM which will be held later today. The business is seeing strong momentum, driven by new production resuming and the migration of back catalogue content for streaming, coupled with further territory launches. H1 is expected to be slightly ahead of guidance with a considerable increase in EBITDA compared to the FY21 comparator, due the uptick in revenue and operational gearing. We make no changes to estimates at this stage (which we upgrad
Companies: ZOO Digital Group plc
MAST Energy Developments (MED) is to IPO on the Standard List on 14th April 2021 under the ticker MAST. The company has raised £5m giving a market capitalisation on listing of c. £23m. MED is currently a 100% subsidiary company of AIM quoted, Kibo Energy*. MED was established to acquire and develop a portfolio of flexible power plants in the UK and become a multi-asset operator in the rapidly growing Reserve Power market. PensionBee has confirmed its intention to float on the High Growth Se
Companies: SYM CGNR EKF KBT GGP VLS TMO ECK B90 MDZ
EMIS reported H121 results ahead of board expectations and is on track to meet the company’s FY21 expectations. After a period of investment to develop the EMIS-X platform, and at least a year of diverting resource to support customers’ COVID-19 efforts, EMIS is now in a position to execute its growth strategy. Our revenue and adjusted operating profit forecasts are unchanged, with revenue growth accelerating to the lower end of the targeted medium-term 5–9% range from FY22.
Companies: EMIS Group plc
Gaming Realms is a creator and licensor of innovative games for mobile, operating in the UK, US, Italy and Canada. Flagship brand Slingo® is a popular and unique game genre combining elements of slots, bingo and table gameplay. These games are licensed by some of the world’s biggest online gaming operators, including DraftKings, Sky Betting & Gaming and GVC, and distributed directly to operators or via global partners such as Scientific Games using the company's proprietary Remote Game Server pl
Companies: Gaming Realms PLC
Solid results, strong pipeline, rising resilience and high-value acquisition: Revenue was $18.6m, in line with expectations. H1 revenue represents 38% of our full year forecast, indicating an H2-weighted year as previously flagged. We expect tinyBuild to release seven new games in H2 compared to three in H1. Moreover, tinyBuild plans higher-profile releases in H2 (Potion Craft and Despot’s Game), which are already generating strong KPIs. EBITDA was $7.9m, slightly ahead of management’s expecta
Companies: tinyBuild Inc.
