Broker notes, analysis and comments
Guild eSports plc (LON:GILD) 2021 results: Revenue was £1.9m, consisting of £1.0 Sponsorship, £0.7m Prize money and £0.2m Other revenue. PBT loss was £8.8m as the company scaled up operations...
Surface Transforms plc (LON:SCE) has provided a brief pre-close and operational update. Revenue for 2021a grew by 20% to £2.4m (2020a: £2m and versus guidance of “under £3m”). Gross cash..
Transformation complete: Zeus Capital believes the strategic change programme unveiled by DWF Group plc (LON:DWF) management in July 2020 has been successfully executed. The business model has been streamlined with..
Fintel plc (LON:FNTL) trading update confirmed its 2021 results will meet or exceed expectations, the company is making “significant strategic progress” and is financially strong: 5% core revenue growth to..
Devolver Digital Inc (LON:DEVO) 2021 results demonstrate the strong growth potential ahead of the business. We estimate Devolver delivered 32% organic growth in 2021, well above peers. This positions the..
Van Elle Holdings plc (LON:VANL) has announced a strong set of interim results for the six months to 31 October 2021. Activity in its core markets is recovering well and..
Anemoi International Ltd (LON:AMOI) has acquired id4, a Swiss-based, young but fast-growing developer of RegTech software solutions for small- and mid-sized financial institutions. With an advanced modular product platform and..
Strix Group plc (LON:KETL) has confirmed that FY21 results are in line with market expectations. ZC estimates were top end of consensus, as a result we take the opportunity to..
Goodbody Health Inc. (AQSE:GDBY) is the topic of conversation when Arden Partners‘ Head of Research Andrew Simms caught up with DirectorsTalk for an exclusive interview. Q1: How do you see..
tinyBuild plc (LON:TBLD) delivered a strong 2021 trading update. Results are expected to be ahead of expectations, with strength in both new releases and the back catalogue. Outperformance was driven..
Staffline Group plc (LON:STAF) has released a positive FY21 trading update with underlying operating profit expected to double versus the prior year and net cash of £6.9m at the period..
Big Technologies plc (LON:BIG) expects to deliver 2021 and 2022 results ahead of expectations and we believe the company’s expectations for 2022 are conservative. We believe BIG will continue to..
OnTheMarket plc (LON:OTMP) trading update reveals “Group’s operational performance has continued to be strong” with continued “focus on disciplined operational and cost management.” Key points include: FY(Jan)22 revenue “expected to..
City of London Investment Group plc (LON:CLIG) has announced its trading update for 2Q22. The big news, for most shareholders, will be the announcement of a special dividend of 13.5p..
Kenmare Resources plc (LON:KMR) is the topic of conversation when DirectorsTalk Interviews caught up with Peel Hunt Analyst Peter Mallin-Jones. How has Kenmare performed in the period? Kenmare’s 4Q trading..
Cornerstone FS plc (LON:CSFS) is experiencing strong growth, benefiting particularly from favourable underlying market trends and from the expansion of its Asia-focused operations during FY21. The trading update for FY21..
Guild Esports plc (LON:GILD) announced a three-year sponsorship deal with Bitstamp, valued at £1.5m per annum. Bitstamp is Guild’s largest sponsorship contract to date and more than replaces the contract..
Accrol Group Holdings plc (LON:ACRL) has released H1 results, which are 7% below last year’s level at the adjusted EBITDA level at £5.0m despite significant supply chain disruption and cost..
CentralNic Group plc (LON:CNIC) has outperformed revenue and EBITDA expectations again. Strong growth in Q4 accelerated full year organic revenue growth to 37% from 29% in 9M 2021. Both revenue..
Alongside its primary franchised dealerships businesses (Vertu Motors, Bristol Street Motors and Macklin Motors), Vertu Motors plc (LON:VTU) operates a number of ancillary businesses. These include car parts and accessories,..
