AIM WINNERS & LOSERS: Mission expects lower earnings, Shoe Zone down
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday. Read More
(Alliance News) - Acuity RM Group PLC on Tuesday expressed optimism around future opportunities, "given the state of cyber risk worldwide", as it reported a contract with a new client, and an upsell to an existing one. Read More
Acuity RM Group PLC - London-based risk management company - First half pretax loss narrows to GBP263,000 in the six months to June 30 from GBP634,000 a year prior as revenue rises to GBP1.1 million from GBP1.0 million. Cost of sales increases to GBP143,000 from GBP103,000. Administration costs fall to GBP1.3 million from GBP1.5 million. Operating loss narrows to GBP282,000 from GBP586,000. Looking ahead, reiterates new strategic focus on cyber governance, risk and compliance management rather than attempting to address the enterprise risk management market as a whole. Says direct sales efforts will focus on mid-market clients where it sees the highest conversion rates and fastest adoption. Chief Executive David Rajakovich says: "I believe we have now put in place the foundations of a leaner, more efficient and focused business. There is still much to do to achieve Acuity's potential but we have started, the impact is beginning to show positively in the financials and I believe we are now much better placed to deliver in H2 and beyond. Our focus on operational efficiency and product innovation positions us well to capitalise on opportunities as they emerge." Acuity sees encouraging signs in its pipeline development, particularly in defence. It remains cautious about broader market conditions though notes significant sales opportunities ahead. Read More
(Alliance News) - Acuity RM Group PLC on Wednesday reported a nearly unchanged annual loss but touted an optimistic outlook as it aims to grow its customer base. Read More
Acuity RM Group PLC - London-based risk management company - Expects to show significant progress towards cash generative trading in 2025. Highlights that cybersecurity is a growth market where the company's flagship governance, risk and compliance platform Stream can demonstrate long-term competitive advantage. "In 2025 there have been many high profile cybersecurity breaches with demonstrable costs, reinforcing our conviction that the market opportunity for Stream is developing further," Acuity RM says. Read More
(Alliance News) - Acuity RM Group PLC on Tuesday said revenue climbed in 2024 due to organic growth from existing customers. Read More
Acuity RM Group PLC - London-based risk management company - provides services via its Stream software platform - says Non-Executive Director David Rajakovich appointed as chief executive effective immediately. Rajakovich is taking over the role from Kerry Chambers who has been CEO since July 2023. Chambers is leaving the board with immediate effect. Executive Chair Angus Forrest says: "We are delighted that David has agreed to step up from his non-executive role to become chief executive, we believe David is the right appointment to lead the company and drive the business to the next stage and accelerate the growth." Read More
Acuity RM Group PLC - London-based cybersecurity software - Wins orders worth GBP1.0 million in the first half of 2024, up 50% from GBP677,000 a year prior. This was helped by a strong second quarter, during which orders surge by 81% to GBP693,000 from GBP383,000, as several opportunities had been postponed to the second quarter. Executive Chair Angus Forrest says: "We expect to be able to announce an accelerating rate of order wins and developments in all areas of the business over the next 12 months. In particular we are redeveloping our core product, Stream, so it incorporates the latest technologies, remains at the forefront of risk management software platforms available in the [governance, risk and compliance] market and has a suite of improvements built in to maintain its competitive edge." Read More
Acuity RM Group PLC - London-based cybersecurity software company - Raises around GBP1 million via placing and subscription at 3.5 pence per share. Proceeds will be used to fund investment and expansion of the sales team, and increase marketing activities and new product development. Directors Angus Forrest and Kerry Chambers subscribe for just under 1.3 million shares at the issue price. In addition, Ridgecrest PLC subscribes for 11.4 million shares in the subscription, taking shareholding to 7.6%. Read More
(Alliance News) - Acuity RM Group PLC reported Thursday a widened yearly loss on a rise in costs. Read More
(Alliance News) - Acuity RM Group PLC on Monday said that its subsidiary, Acuity Risk Management Ltd, has signed a professional services agreement with Sopra Steria Group SA. Read More
Acuity RM Group PLC - London-based risk management company, which provides services via its Stream software platform - Acuity Risk Management arm wins three-year deal worth over GBP500,000. All of that sum is payable in current financial year. "This contract comprises a renewal as well as upsell of Acuity's STREAM software platform for [governance, risk and compliance] together with associated services to a major organisation within the British government. This is the third order of similar size received from this organisation in the past 12 months," it adds. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Acuity RM Group PLC on Monday said it launched Storm, a counterterrorism risk management product, at a reception held at the UK House of Commons. Read More
Acuity RM Group PLC - London-based risk management services via Stream software platform - Reports revenue from the 9 months that ended December 31 is about GBP1.4 million, compared to GBP1.8 million for the 12 months that ended March 31, 2023, having changed its financial year to the calendar year. The company, formerly called Drumz, bought Acuity Risk Management Ltd in a reverse takeover back in April. Total forward contracted revenue as of the end of December is GBP2.9 million, up from GBP2.2 million at the end of February last year. Also reports a new two-year contract for Stream worth GBP105,000 with a "Turkey-based travel company" that it doesn't name. Read More
Acuity RM Group PLC - London-based provider of risk management services - Wholly owned operating subsidiary, Acuity Risk Management Ltd, wins a new contract worth GBP88,000, over two years. Says contract is for the use of Acuity's software platform, Stream, from a "new client which itself designs, implements and runs cyber security programmes for a wide range of clients." Notes that Stream will enable them to better manage risk assessments and so improve their service. Read More
Acuity RM Group PLC - London-based provider of risk management services - Says its subsidiary Acuity Risk Management Ltd has won a GBP561,000 contract with a major organisation within the British government. Says the deal is for the use of its STREAM software platform for a five year period. Notes that it is one of three orders the customer has won in 2023, worth a total of GBP1 million. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday, and not separately reported by Alliance News: Read More
(Alliance News) - Acuity RM Group PLC on Tuesday said its subsidiary Acuity Risk Management Ltd won a new three-year contract. Read More