Broker notes, analysis and comments
AFC Energy plc (LON:AFC) update expresses confidence in achieving published FY22 revenue forecasts and reveals a new Hybrid Fuel Cell. The update summarises the group’s agreements with ABB, Urban-Air Port,..
Devolver Digital Inc (LON:DEVO) is an award-winning, high-profile video game publisher and developer that consistently publishes highly-rated indie games and is backed by industry pioneers: 1) Devolver was named 2021..
tinyBuild plc (LON:TBLD) announced that Hello Neighbor 2 (NH2) will be available for pre-order on 7 April 2022. Based on the growing popularity of other titles in the Hello Neighbour..
Vertu Motors plc (LON:VTU) has released a trading update increasing FY22 underlying PBT guidance to “no less than £70m”, up from prior guidance of “at least £65m”. This was driven..
Bank North has now raised c.£30m of capital and secured its banking licence (24 August 2021). What was an uncertain “jam tomorrow” story will soon be generating income. Bank North..
Cizzle Biotechnology Holdings plc (LON:CIZ), focused on cancer diagnostics, was spun out of the University of York to exploit the biomarker, variant CIZ1b, for early detection of different forms of..
In this note, we demonstrate how the strength of Pantheon International plc (LON:PIN) primary platform and the active management of its portfolio add value in the attractive secondary (30% of..
Palace Capital plc (LON:PCA) 15 November interim results have led us to upgrade our profit and dividend forecasts modestly. Commercial property income is robust, and Hudson Quarter (HQ) residential profit..
International Biotechnology Trust plc (LON:IBT) was established in 1994 to provide institutional and retail investors with the opportunity to participate in global biotechnology and life science companies, from venture-stage (via..
This note analyses the unique advantages that Intermediate Capital Group (ICG plc) has brought to ICG Enterprise Trust plc (LON:ICGT) since becoming the manager in 2016 and contributing to the..
Life assurance consolidators should be boring most of the time, perhaps apart from when they do some M&A. Operationally, Chesnara Plc (LON:CSN) has been close to achieving that, although recent..
Cornerstone FS plc (LON:CSFS) is a provider of foreign exchange (forex), payment and currency risk management services, with a focus on small and medium-sized enterprises (SMEs) internationally. As one of..
Zeus Capital visited Esken Ltd (LON:ESKN) wood biomass storage and processing operations at the Tilbury renewables energy power plant. The company, through its Stobart Energy unit, is the leading supplier..
In this note, we explore three aspects of Volta Finance plc (LON:VTA) portfolio, highlighting their simplification – simplified. Firstly, unless there is a compelling, opportunistic case, new investments will be..
We reviewed Appreciate Group plc (LON:APP) business model in our initiation, Solid core + digital disruption = unique model, published on 1 September. On 23 November, APP released its interim..
Cerillion plc (LON:CER) Chief Executive Officer Louis Hall caught up with Liberum to discuss the sharp acceleration in revenue in FY21, the dynamics between serving increasingly larger customers and increasing..
Revolution Beauty Group plc (LON:REVB) has released H1 results, confirming trading remains in line with full year expectations, despite well flagged input cost pressures. Today’s announcement unveils the roll out..
tinyBuild plc (LON:TBLD) announced the acquisition of Versus Evil, a publisher based in the US, and Red Cerberus, its development services subsidiary in Brazil. Zeus Capital estimate the company is..
CentralNic Group plc (LON:CNIC) growth is accelerating rapidly and benefiting from the trend towards tightening privacy policies. In addition, margins are expected to widen after current investments plateau and the..
