27th Jun 2025 10:18
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday.
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AIM - WINNERS
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Earnz PLC, up 43% at 5.70 pence, 12-month range 3.15p-8.25p. The energy services company announces final results for 2024. Revenue totalled GBP2.6 million, the company having generated no revenue in 2023. However the pretax loss widened to GBP2.9 million from GBP1.3 million. Administrative expenses surge to GBP3.2 million from GBP743,000 and cost of sales is GBP2.3 million, up from nothing. Earnz says the results "do not truly reflect the underlying business that has been built and the future aspirations and opportunities", as they include two months from legacy business Verditek. Verditek was "a clean cash shell for a six-month period during which we negotiated the acquisitions of two businesses in order to enact our strategy, followed then by four months of trading of the two acquired businesses", Earnz explains. Looking ahead, the company has "an active list of potential acquisition targets" and "is looking at more significant opportunities for acquired growth which will enhance service offerings and provide a more stable base", now that it has "established a profitable platform for growth".
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Pri0r1ty Intelligence Group PLC, up 7.1% at 6.43 pence, 12-month range 2.2p-12.5p. The provider of professional growth services for small to medium enterprises announces the launch of an "AI-powered" major cryptocurrency integration solution, Pr1bit. Says the product is designed to enable over five million UK SMEs to integrate Bitcoin payments into their ecosystems, and to support those which hold Bitcoin in their treasuries, by enabling clients to manage and report on their holdings of digital assets. Pri0r1ty expects to formally launch Pr1bit next week. "The adoption of Bitcoin as a currency for purchases and as a treasury asset is happening at pace," says Chief Executive Officer James Sheehan. "Businesses are acknowledging customer demand to spend and invest in Bitcoin. Those who don't integrate will get left behind. Pri0r1ty is well positioned to capitalise on this shift. Our new product integration will enable SMEs to seamlessly and securely plug-in Bitcoin payments to their ecosystems and the growing number of businesses holding Bitcoin in treasury to manage and report on their assets to the highest standards."
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AIM - LOSERS
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Dekel Agri-Vision PLC, down 35% at 0.57p, 12-month range 0.575p-1.625p. The agricultural company says it closed an oversubscribed fundraise on Thursday, bringing in gross proceeds of GBP2.3 million. This included GBP1.2 million through a placing of 220.5 million shares at 0.55p each, and GBP1.1 million through subscriptions for 203.6 million shares at the same price. This includes directors' proposed subscriptions for 112.8 million shares, raising around GBP620,000. Notes that the subscribing directors are not permitted to enter a subscription agreement until after the 2024 results are published. Expects this to happen "shortly". Also on Friday, Dekel announces a retail offer for 54.5 million shares at 0.55p to raise up to GBP300,000. The issue price of 0.55p represents a 37.5% discount to the closing middle market price of 0.88p on Wednesday, Dekel says.
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By Emma Curzon, Alliance News reporter
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