4th Jun 2025 12:01
(Corrects the 4Global adjusted Ebitda forecast for financial 2025.)
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday.
----------
AIM - WINNERS
----------
GENinCode PLC, up 67% at 2.5 pence, 12-month range 1.4p-7.75p. The Oxford, England-based genetics testing company reports revenue of GBP2.7 million for 2024, up from GBP2.2 million the year before. This was "driven by volume growth in the UK and Europe". Says pretax loss narrowed to GBP5.1 million from GBP7.0 million. Loss per share has narrowed to 2.53p from 7.32p. "The company continues to scale its commercial programme across the US, UK and EU markets whilst maintaining tight control over its operational costs," GENinCode adds. Also, the company says that for the first four months of this year, consolidated revenue has increased 20% annually. Looking ahead, it expects "grow revenues across the business over the coming year based on increasing sales volumes and collaborations", adding: "We are focused on commercial programmes with leading EU and US hospital institutions whilst developing our UK NHS relationships and expanding our EU business." GENinCode continues: "Given the challenging markets, we will grow revenues whilst maintaining a tight control over operational costs to target a breakeven/profit position over the medium term."
----------
Ramsdens Holdings PLC, up 6.8% at 352.5p, 12-month range 187.5p-352.5p. The financial services provider and retailer reports interim results for the half year ended March 31. Says pretax profit rose 54% to a "record" GBP6.1 million from GBP4.0 million the previous year. Revenue increased 18% to GBP51.6 million from GBP43.8 million and gross profit increased 20% to GBP27.1 million. Ramsdens declares a special dividend of 0.5p per share due to its "exceptional performance", on top of the ordinary 4.5p interim dividend which is up from 3.6p. "We are proud of the progress Ramsdens has made in the first half of FY25," Chief Executive Peter Kenyon. "We continue to benefit from our diversified business model that has enabled strong, profitable growth and attractive [return on equity] for our shareholders. While all of our income streams achieved growth during the first half, our purchase of precious metals segment delivered an outstanding performance, with the well-publicised and sustained exceptionally high gold price encouraging more customers to sell unwanted jewellery." Company expects its full-year profit to exceed GBP15 million "despite the additional employment cost pressure". This would be increased from GBP11.4 million in the year ended September 30.
----------
AIM - LOSERS
----------
4Global PLC, down 45% at 12p, 12-month range 12p-52.5p. The sporting events-focused data and technology provider intends to delist from AIM and re-register as a private limited company. It will seek shareholder approval for the cancellation at a general meeting on June 25. If approved, this would become effective on July 7. 4Global explains that its fundraising efforts "attempts to raise sufficient additional equity capital have not been realised", so it is "exploring its strategic options to explore the optimum route to raising growth capital from other available sources". It notes the low liquidity of its shares in a "volatile trading environment", and says it is planning a matched bargain facility with JP Jenkins if the delisting proceeds. This would help to facilitate investors trading in its ordinary shares on a matched bargain basis after the cancellation. Furthermore, 4Global reaffirms its previous statements that "trading has been volatile with macro economic factors affecting the timing of contracts". For the year ended March 31, it expects to report revenue of GBP4.5million and adjusted earnings before interest, tax, depreciation and amortisation of GBP500,000, down from GBP6.4 million and GBP1.6 million respectively. Says the current market has had a negative impact on contract timings, although "strong demand" continues in Europe and North America.
----------
By Emma Curzon, Alliance News reporter
Comments and questions to [email protected]
Copyright 2025 Alliance News Ltd. All Rights Reserved.
Related Shares:
GenincodeRamsdens Hldgs4global