CAP-XX Ltd* (CPX.L, 10.0p/£44.2m) H1 update: Revenue growth and positive order book update (09.02.21) | Starcom plc* (STAR.L, 0.85p/£*3.0m) FY update: SaaS revenue provides some visibility (10.02.21) | Location Sciences Group plc* (LSAI.L, 0.525p/£3.1m) FY update: Challenging year, growth in Data & Insights (11.02.21)
Companies: CPX STAR LSAI
Location Sciences (LON:LSAI), a world leader in location verification for mobile advertising, recently released a trading update for the current year (year-end Dec). The update covers the three product lines — Verify, GeoProtect, and Insights. We provide an overview of these on p2.The update outlin
Companies: Location Sciences Group Plc
CAP-XX Ltd* (CPX.L, 6.8p/£30.1m) | Tern plc* (TERN.L, 6.85p/£20.6m) | Location Sciences Group plc* (LSAI.L, 0.45p/£1.0m)
Companies: CPX TERN LSAI
Location Sciences Group PLC (LON:LSAI) is a high growth technology company and a global leader in location verification. The company recently reported results for the first half (H1) of 2020. These were in line with the trading update issued in July, with revenues up 1% (or +43% including securitis
Location Sciences (LON:LSAI), the world leader in location verification for mobile advertising, recently released a trading update for the six months to 30 June. The company ended the period with cash reserves of £1.7mln, which the company believes provides sufficient funding through to Q2 2021. Th
FRP Advisory Group, UK professional services firm specialising in restructuring advisory. Raising £80m (£20m primary). Expected market cap £190m. Compound annual growth of 16.4 per cent. in revenue and 10.9 per cent. in operating profit since the beginning of FY17.o Strong average EBITDA margins of 51 per cent. over FY17 to FY19, and consistently strong cash conversion
Companies: CRW SRB TERN 88E EQT XSG CRCL NTOG NBB LSAI
Intention to float by Gemfields Group. No Capital Raise. Currently listed on JSE. (GML:JNB) at circa £122m. The Group's key producing assets, the Kagem emerald mine in Zambia (believed to be the world's single largest producing emerald mine) and the Montepuez ruby mine in Mozambique (one of the most significant recently discovered ruby deposits in the world), are both expected to have long mine-lives with potential for expansion. Also owns the Faberge brand. Due Valentines Day 2020.
Companies: G4M AVCT NCC ITM EMIS GFIN IMMO LSAI ECSC GHE
Location Sciences, the world leader in location verification for mobile advertising, recently released a trading update for the financial year to December 2019. The main focus remains the Verify product which verifies location data for targeted mobile advertising campaigns.The company reports that
Location Sciences’ (LSAI) trading update for FY2019 anticipates revenue up 60% to c. £1.2m (vs our previous forecast of £1.3m). An adj. EBITDA loss of c.£1.7m was better than our £2.0m forecast, leading to year-end 2019 net cash of c.£1.3m being well ahead of our £.7m forecast. LSAI has also announced a Global Data Partnership with X-Mode, which involves the disposal of LSAI’s location data collection assets for up to US$0.64m. We have adjusted our group forecasts to reflect the impact of these
Location Sciences, the world leader in location verification for mobile advertising, recently released results for the first half ( H1) of 2019 and announced a share placing raising £0.6mlm (gross) of additional capital. Revenues for the H1 period were up 94% at £0.45mln, and period-end net cash wa
Research Tree provides access to ongoing research coverage, media content and regulatory news on Location Sciences Group Plc. We currently have 64 research reports from 7 professional analysts.
Companies: Bango plc
Companies: Luceco PLC
We see the UK Government’s Net Zero Strategy as being overall helpful but not especially definitive. Amongst our coverage group, Drax Group (DRX LN) and Velocys (VLS LN) benefit from the Humberside CCS cluster prioritisation and Velocys from SAF support. The amount of renewables is likely to boost the need for flexibility solutions where Drax, Gore Street (GSF LN) and SIMEC Atlantis (SAE LN) can benefit. Hydrogen companies ITM (ITM LN) and Powerhouse Energy (PHE LN) are likely to find support. T
Companies: ADN DRX GSF ITM NESF PHE SAE SIT STRLNG TLG VLS
The company has not put a foot wrong since IPO. We believe that TM17 has a differentiated business model, which combines premium independent gaming and Edutainment. The company is the partner of choice for independent developers; however, this strategy results in low-ish gross margins. TM17 is perhaps the most cautious of the UK stocks, in terms of near-term outlook. Buy
Companies: Team17 Group PLC
Joiners No Joiners Today. Leavers No Leavers Today. What’s cooking in the IPO kitchen? Devolver Digital to join AIM, an award-winning digital video games publisher and developer in the indie games space. Recently awarded indie 'Publisher of the Year 2021' by GamesIndustry.biz. Offer TBA. Due early Nov. Life Science REIT to join AIM raising up to £100m. This will be the first London listed real estate investment trust (REIT) focused on UK life science properties providing investors with exposure
Companies: SYS1 ARE SO4 SNG TMG TMT OHG IDE KIBO MRL
Today SMRT reports that workers’ gradual return to the office is leading to delayed investment decisions, specifically with respect to hardware installations and as consequence, Space Connect’s promising partnership with Evoko is taking longer to ramp. Consequently we update forecasts to reflect more gradual growth expectations. This uncertainty is also being reflected in A&K’s trading, such that we trim numbers here too. SwipedOn (SMRT’s most valuable asset) is meanwhile showing no such signs,
Companies: Smartspace Software Plc
Lucyd has announced the early completion of its US crowdfunding round, closing out at US$154,000. In addition, the Company announced the submission of draft confidential registration to the US SEC, to complete an IPO of shares in the US in the future.
Companies: Tekcapital Plc
Joiners Tungsten West (TUN.L) has joined AIM. Tungsten West is the 100% owner and operator of the historical Hemerdon tungsten and tin mine located near Plymouth in southern Devon. Hemerdon represents the world's third largest tungsten mineral resource, with a JORC (2012) compliant Mineral Resource Estimate of approximately 325Mt at 0.12 WO3. Capital raised on Admission: £39m. Anticipated Mkt Cap: £106.2m. Future Metals NL (ASX:FME, FME.L) (formerly named Red Emperor Resources NL) had joined AIM
Companies: SOLI RBD ALU ATQT BBI CWR DRV ORCP WATR
Companies: GetBusy Plc
Companies: WAND SDX SEMP BMK LVCG MOS ACC
Joiners No Joiners Today Leavers No Leavers Today What’s cooking in the IPO kitchen? Arrow Exploration Corp. (AIM: AXL ; TSXV: AXL) , the oil and gas exploration and production company, has conditionally raised approximately £8.8m and is due to complete its dual listing on AIM on 25 Oct. Market cap c£13.1m. Devolver Digital to join AIM, an award-winning digital video games publisher and developer in the indie games space. Recently awarded indie 'Publisher of the Year 2021' by GamesIndustry.biz.
Companies: ZYT CIC DMTR GILD LMS MMAG PYC SMRT SBI
Enlarged RCF. Reassuring news.
Companies: 7Digital Group PLC
Today's news & views, plus announcements from BHP, MGGT, RIO, BWY, MONY, BGO, YOU, AVAP, PCA & SOLG.
Companies: AVAP BGO RIO SOLG
Joiners No Joiners Today. Leavers No Leavers Today. What’s cooking in the IPO kitchen? Gymshark has started to put together plans for a stock market listing according to City A.M. The company hit a £1bn valuation just over a year ago and boasts customers in more than 130 countries. Gymshark was founded by teenager Ben Francis in 2012 in his parents’ garage with products that appeal to Gen Z consumers. Timing TBA Rubix Group Holdings, the market leading pan-European distributor of industrial main
Companies: ZOO CUSN ECHO IDEA PURP TEK
