4th Feb 2025 10:20
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday.
----------
AIM - WINNERS
----------
Staffline Group PLC, up 27% at 23.90 pence, 12-month range 18.00p-42.00p. The recruiter expects to report annual profit that tops market expectations. Underlying operating profit rises 7.8% to GBP11.1 million in 2024 from GBP10.3 million in 2023, "exceeding market expectations" for 2024 of GBP10.1 million. Revenue rises 13% to GBP1.06 billion from GBP938.2 million.
----------
Devolver Digital Inc, up 9.6% at 24.65p, 12-month range 18.00p-41.50p. The video game publisher says adjusted earnings before interest, tax, depreciation and amortisation are to be in line with market expectations in 2024. It puts adjusted Ebitda consensus at USD5.2 million. It had made an adjusted loss of USD458,000 in 2023. "Revenues saw double-digit year-on-year growth, meeting management guidance of more than USD100 million for the year," Devolver says. Revenue in 2023 totalled USD92.4 million. "We returned to positive adjusted Ebitda in 2024 largely driven by strong back catalogue revenues supplemented by exciting new releases such as 'The Plucky Squire', 'Neva' and 'Anger Foot', and a full-year contribution from new acquisition System Era and their iconic title 'Astroneer'. Our strong recovery owes to the creative enterprise we are, attributable in part to our innovative game designs and lasting relationships with talented developers. Combining this momentum from 2024 with the group's strong release pipeline, we expect to see further profit improvement in 2025," Chief Executive Officer Harry Miller says.
----------
AIM - LOSERS
----------
NWF Group PLC, down 3.2% at 151.00p, 12-month range 139.50p-225.00p. The distributor of feed, food and fuel reports a decline in interim earnings. Pretax profit in the half-year that ended November 30 declines 45% to GBP2.1 million from GBP3.8 million. Revenue declines 3.9% to GBP454.3 million from GBP472.9 million. NWF says the first half was in line with board expectations. "The board's full year trading expectations remain unchanged ahead of the seasonally more significant second half," NWF adds.
----------
By Eric Cunha, Alliance News news editor
Comments and questions to [email protected]
Copyright 2025 Alliance News Ltd. All Rights Reserved.