Andrew Hore

Naked Wines (LON: WINE) has decelerated the rate of decline in revenues in the 13 weeks to the end of 2024. Even so, they declined by 10%, although revenues per member increased 2%. Cash improved to £30m as inventories are reduced. The share price rebounded 15.1% to 51.9p. Angle (LON: AGL) revealed new data for […]

Telematics company Microlise Group (LON: SAAS) has bounced back from its cybersecurity problems. Although 2024 revenues of £81m were slightly lower than forecast, EBITDA was ahead of expectations at £11.3m. Exceptional costs relating to the cyber attack should be reclaimed via insurance. No customers were lost. Net cash was £11.4m at the end of 2024. […]

The UK government wants housebuilding levels to grow significantly. There are questions about resources and if the targets can be met, but there should be some growth. There are already signs of an upturn in the housing market, albeit a relatively modest one at the moment. If that continues then housebuilding related companies will begin […]

GENinCode (LON: GENI) says that its heart disease risk assessment product CARDIO inCode is included in the US 2025 Clinical Lab Fee Schedule enabling reimbursement from Medicare and Medicaid. The price varies from $450-$570. It is also being used to prevent heart disease in Catalonia. The share price jumped 122.7% to 7.125p. Empyrean Energy (LON: […]

Downhole oil and gas technology developer Enteq Technologies (LON: NTQ) directors have decided to commence a formal sale process, which will be handled by Gneiss Energy. The company has already contacted some interested parties and is in discussions with two of them. There should be enough cash to last to June. The share price rebounded […]

Quantum Blockchain Technologies (LON: QBT) has made a breakthrough for its Bitcoin Artificial Intelligence model mining tool. The Method C AI Oracle can skip calculations if it assesses that they will not be successful. This provides a 30% improved performance compared with other methods. The company is ready to demonstrate the technology and is seeking […]

The rate of AIM departures slowed down in October with four companies leaving. Two were acquired, another went bust, while the other decided to exit. There were two new admissions – GenIP (LON: GNIP) and Pulsar Helium Inc (LON: PLSR) – so the overall rate of decline in AIM company numbers slowed. 3 October Base […]

Ten companies departed AIM in September. There were three takeovers, while five companies chose to leave, including one who wanted to leave so it did not replace its nominated adviser, and two companies went into administration. 2 September Infrastructure India Trading in Infrastructure India shares was suspended on 16 July. There were only two remaining […]

Skincare technology developer Incanthera (LON: INC) reported a flat interim loss of £620,000. There was cash of £1.06m at the end of September 2024. There is no additional news on the litigation that prevented the launch of the Skin + CELL skincare product range. There is £1.24m of inventory and work in progress in the […]

Electronic and electro-mechanical components supplier LPA Group (LON: LPA) has won three major contracts worth £4m. They are with French rail operator SNCF Voyageurs for interior LED lighting, Siemens Mobility, also for LED lighting, and seating manufacturer Grammer for eat electronics and lighting for trains in France. The SNCF contract last five years while the […]