AIM WINNERS & LOSERS: Itim jumps on multi-million pound Quiz contract
27th Feb 2024 10:58
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More
Itaconix PLC - London-based company that uses its plant-based polymer technology platform to produce and sell specialty ingredients that improve the safety, performance, and sustainability of consumer products - Reports that year-to-date revenue in 2023 is ahead of the same period in 2022. Revenue for the full-year is expected to be at least USD7.7 million, with 2023 earnings expected to be in line with current market expectations. Also says gross profit margins have improved, supported by higher volumes from smaller accounts and beauty products. Looking ahead, notes that revenue expectations are revised to USD9.5 million or more for 2024 and USD12.5 million or more for 2025, with no change to earnings expectations. In 2022, Itaconix reported revenue of USD5.6 million. Read More
(Alliance News) - Itaconix PLC on Tuesday emphasised that it is on a path of progress as it reported a narrowed interim loss and higher revenue. Read More
Itaconix PLC - London-based company that uses its plant-based polymer technology platform to produce and sell specialty ingredients that improve the safety, performance, and sustainability of consumer products - Achieves "record" revenue in the first half of 2023 at USD4.0 million. This represents 32% growth against the first half of 2022 and 58% growth against the second half of 2022. Adds that 2023 first-half revenue is 72% of full-year revenue for 2022 and more than double full-year revenue for 2021. Overall gross profit margin for the first half exceeds that of the whole of 2022 due to higher product volumes and more stable raw material costs, the company says. Read More
Itaconix PLC - New Hampshire, US-based speciality polymer developer - Posts revenue of USD5.6 million for 2022, up from USD2.6 million in 2021. Says the rise in revenue is driven by success in the cleaning segment in North America and Europe. However, pretax loss widens to USD2.5 million from just USD448,000 a year earlier, as cost of sales grows just as rapidly to USD4.1 million from USD1.9 million and administrative expenses rise to USD3.8 million from USD2.9 million. Adjusted loss before interest, tax, depreciation and amortisation is USD1.4 million, narrowed from USD1.6 million the year earlier. Looking ahead, Itaconix says it approaches the future with more commercial progress, resources, potential, and "more optimism than ever before". Read More
(Alliance News) - Itaconix PLC on Wednesday said it has raised GBP10.5 million through a share placing, subscription and open offer. Read More
(Alliance News) - Itaconix PLC on Friday said it has conditionally raised about GBP10.3 million through the issue of up to 201.6 million new shares. Read More
Itaconix PLC - New Hampshire, US-based speciality polymer developer - Confirms Non-Executive Interim Chair Peter Nieuwenhuizen as non-executive chair permanently with immediate effect. Itaconix appointed Nieuwenhuizen as interim chair back in July 2022. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More
Itaconix - New Hampshire, US-based speciality polymer developer - Announces distribution program with Brenntag North America to promote sustainable cleaning in household, industrial and institutional cleaning applications. Brenntag North America is a subsidiary of Brenntag SE, a chemical and ingredients distribution firm. 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
Itaconix PLC - New Hampshire, US-based speciality polymer developer - Enters global contract with Croda Inc, extending a supply agreement which began in 2017. Under the terms of the new agreement, Itaconix will continue to produce and supply the proprietary Zinador odor neutralizing ingredients for Croda to market and sell globally in home care applications. Says that the new agreement adds a newly formulated product to the collaboration and updates the terms and arrangements for ongoing market developments. Read More
(Alliance News) - Itaconix PLC on Wednesday said it more than doubled its revenue for the first half of 2022, driven mainly through growth in cleaning application sales. Read More
Itaconix PLC - New Hampshire, US-based speciality polymer developer - Hires Peter Nieuwenhuizen as interim chair as Chair James Barber steps down immediately. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More
(Alliance News) - Shares rose in Itaconix PLC on Friday as the company announced at its annual general meeting a record performance in interim revenue, securing confidence in meeting market expectations for 2022. Read More
Itaconix PLC - New Hampshire, US-based speciality polymer developer - Reports a narrowed loss in 2021, despite lower revenue, thanks to exceptional income. Pretax loss in 2021 narrows to USD448,000 from GBP1.6 million in 2020. Revenue falls 21% to USD2.6 million from USD3.3 million. Loss is slimmer as firm books exceptional income of USD1.6 million versus an exceptional loss of USD339,000 in 2020. Exceptional income is related to revaluation of contingent consideration. Read More