9th Jul 2025 10:24
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday.
----------
AIM - WINNERS
----------
Shearwater Group PLC, up 16% at 54.00 pence, 12-month range 28.11p-55.00p. The cybersecurity advisory and managed security services provider hails a "strong" performance and predicts results ahead of market expectations. For the 15 months to June 30, it expects revenue of GBP41 million and adjusted earnings before interest, tax, depreciation, and amortisation of GBP2.2 million. Consensus stands at GBP39.0 million for revenue and GBP2.0 million for adjusted Ebitda, Shearwater adds. The firm in January announced it changed its year end from March 31. For the year ended March 31, 2024, it achieved revenue of GBP22.6 million and an adjusted Ebitda of GBP900,000.
----------
Tekmar Group PLC, up 10% at 6.35p, 12-month range 4.00p-10.20p. The technology and services provider for global offshore energy markets wins a deal to supply subsea infrastructure technology for a pipeline project. The deal has been won through a major offshore engineering, procurement, and construction contractor operating in the Middle East. The deal is worth GBP2.0 million, with the full amount recognised this financial year. "This covers the design and manufacture of specialist reinforced concrete support structures for a large-diameter gas pipeline. There is also potential for additional scope supporting the broader requirements of the project. Delivery is scheduled to be completed by September 2025," Tekmar adds.
----------
AIM - LOSERS
----------
Finseta PLC, down 13% at 27.00p, 12-month range 24.12p-45.00p. The foreign exchange and payments notes some customers are "delaying transactions" amid tricky economic conditions. Finseta expects to report revenue for the first half of 2025 rose 16% to GBP5.9 million from GBP5.1 million a year prior. Adjusted earnings before interest, tax, depreciation, and amortisation are expects to have fallen, however, to GBP300,000 from GBP800,000. "This has been a milestone period for Finseta as we launched our corporate card scheme and significantly expanded our international capabilities with full-service offerings in Dubai and Canada. While the global economic conditions resulted in customers delaying transactions, our strong levels of customer acquisition means we are well-positioned as markets normalise in H2," Chief Executive Officer James Hickman says.
----------
By Eric Cunha, Alliance News news editor
Comments and questions to [email protected]
Copyright 2025 Alliance News Ltd. All Rights Reserved.
Related Shares:
FinsetaShearwaterTekmar Group