18th Feb 2026 10:14
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday.
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AIM - WINNERS
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Trellus Health PLC, more than doubled at 0.95 pence, 12-month range 0.375p-2.9p. The London-based healthcare company announces a six-month contract extension with Johnson & Johnson Health Care Systems to continue to provide the Trellus Elevate platform to patients with moderate to severely active inflammatory bowel disease who have been prescribed a J&J therapy. Says the collaboration was initially agreed in January last year, and has been extended to mid-2026 with the same economic terms, including a fixed monthly management fee. "A key factor in the extension was the achievement of engagement and satisfaction metrics during the initial pilot phase," Trellus says. "Based on these metrics, J&J broadened the way patients can access the enrolment channels beyond the initial pilot funnel in mid-January 2026, reflecting continued confidence in the programme's performance."
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Petro Matad Ltd, up 17% at 1.225p, 12-month range 0.71p-2.325p. The Mongolia-focused petroleum exploration, development and production company says production at Block XX continues in line with expectations, averaging a higher-than-expected 161 barrels of oil per day through 2025. Gazelle-1 is now producing approximately 135 bopd at an up to 180 bpd pump setting, "with the reservoir still showing good deliverability". Talks are nearing completion with a potential farm-in partner for Block XX, and discussions continue "with other potentially interested farm-in partners for Block XX and for Block VII." Also, all production revenue previously witheld by PetroChina over their oil sales agreement has been paid, totalling USD1.0 million, and Petro Matad says wording is being finalised for the 2026 agreement. Furthermore, Petro Matad says SunSteppe Renewable Energy's 200MW hybrid wind, solar, and battery energy storage project in Mongolia's Tuv Province is progressing well.
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AIM - LOSERS
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Seeing Machines Ltd, down 24% at 3.175p, 12-month range 1.62p-6.14p. The Canberra, Australia-based designer of vehicle operator monitoring systems updates on trading for the first half ended December 31. Expects revenue between USD23.4 million and USD24.0 million, which would be down from USD25.3 million for the previous year. Says this reflects lower non‑recurring engineering activity as major automotive programmes transition into production phases, and the absence of license revenue from prior exclusivity arrangements. Also expects an adjusted loss before interest, tax, depreciation and amortisation between USD13.1 million and USD13.7 million, narrowed from USD17.7 million. Annualised recurring revenue increases to USD14.0 million from USD13.5 million. Cash totals USD3.4 million at December 31, down from USD22.6 million one year prior. Looking ahead, Seeing Machines says it continues to trade in line with market expectations and expects positive adjusted Ebitda in the third quarter and second half. Also notes the July 7 deadline for the EU General Safety Regulation mandating camera-based driver monitoring systems for all newly-registered vehicles, meaning that "automotive production volumes are expected to increase materially over the coming quarters."
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By Emma Curzon, Alliance News reporter
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Related Shares:
Seeing MachinesTrellus Health.Petro Matad