18th Dec 2025 22:41
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and Wednesday and not separately reported by Alliance News:
----------
Ilika PLC - Romsey, England-based solid-state battery technology company - Commences shipping of its prototype Stereax M300s to the 21 customers in its existing order book. "A number of batteries from the initial batches will be allocated to the extensive M300 testing programme, which is designed to generate a larger body of test data relevant to exciting applications in active implantable medical devices," Ilika says. "Applications include powering implanted sensors, neurostimulators, orthopaedic implants, orthodontic wearables and ophthalmology devices." Says the M300's benefits include reduced surgery time, the ability to place the implant closer to the point of therapy, long-lasting performance, user recharging at home and the ability to power Bluetooth radio. Calls the deliveries a milestone which progresses its ten-year Stereax battery portfolio manufacturing agreement with Cirtec Medical.
----------
Ampeak Energy Ltd- Edinburgh, Scotland-based developer, owner and operator of sustainable energy projects - Says it and Proteus Marine Renewables have successfully completed works at the MeyGen tidal stream project in Scotland's Pentland Firth. This involved inspection, maintenance and redeployment operations on three of the four turbines. Ampeak says: "With revenue support to take the site to 65MW capacity and planning to go all the way to [around] 400MW, Ampeak Energy, Proteus Marine Renewables [Ltd] and the project partners are all focused on unlocking the true potential of the site and technology."
----------
GRIT Investment Trust PLC - investor in small and mid-capitalisation natural resources and mining companies - Net deficit per share widens to 3.54 pence at September 30, 2024, against a 2.82p deficit one year prior. Attributable net loss is GBP63,000 for the six months ended September 30, 2024, swung from a GBP22,000 gain the year before. GRIT shares remain suspended from trading in London pending "a suitable transaction", and it continues to work to progress its proposed reverse takeover of Nabirm Global LLC.
----------
Kropz PLC - Africa-focused phosphate producer and developer - Reports results for the six months ended September 30, 2025. Revenue increases to USD15.4 million from USD14.1 million the previous year. Pretax loss narrows to USD6.2 million from USD22.0 million. Kropz notes that the Elandsfontein mine is still in its trial production phase and says further challenges may arise as it moves towards full production.
----------
GSTechnologies Ltd - Perth, Australia-based fintech company - Reports results for the six months ended September 30. Revenue declines on-year to USD1.4 million from USD2.2 million, but near-doubles from around USD730,000 in the second half of financial 2025, "reflecting the growth of the group's digital assets businesses and the absence of non-recurring revenue in the comparative period." Pretax loss widens to USD457,000 from USD110,000.
----------
Foresight Technology VCT PLC - London-based investor - Reports results for the six months ended September 30. Net asset value per shares is 92.0p as of September 30, up 0.7% from 91.4p as of March 31. Says it "experienced a productive six months", noting two new investments in Spaceflux Ltd and SenseAI Vision Ltd, as well as four follow-on investments. Investments totalled GBP34.1 million in "37 exciting portfolio companies". "Many portfolio companies continue to make strong technical and commercial progress, navigating a challenging business environment with resilience," Foresight says. Adds that its investment manager "continues to see a strong pipeline of potential investments...however, it is also focused on supporting the existing portfolio through the current economic environment". Adds: "Following the fundraising over the last couple of years, the company is in a position to fully support the portfolio, where appropriate, and exploit potential attractive investment opportunities." Says it "applauds the UK government's decision to raise the investment limits and gross asset test thresholds for VCT qualifying companies in the November 2025 budget", but also notes "growing concern that the AI sector may be entering a "bubble" phase, with a correction increasingly seen as a matter of when, not if."
----------
Richmond Hill Resources PLC - London-based holding company, formerly known as Rogue Baron PLC - Enters binding term sheet with Olerud Ltd to enter a sale and purchase agreement to acquire the Martello Gold Project, which consists of "certain licences over prospective acreage in Ontario, Canada". Consideration will consist of GBP775,000 via the issue of new ordinary shares, and GBP200,000 in cash, with further deferred cash consideration of up to GBP300,000 to follow, subject to the completion of drilling and Richmond Hill obtaining a mineral resource estimate on Martello. Previously, on Wednesday, Richmond Hill says it has engaged IOS Services Geoscientifiques Inc to operate the field exploration program and to lead the technical work, including historic data compilation, target generation, and drill-program planning, at the Saint-Sophie Copper Project in Quebec, Canada. Also engages IOS to manage an IP survey over priority areas at Saint Sophie, to identify targets areas for the 2026 field work and possibly future drilling.
----------
DXS International PLC - Leicestershire, England-based healthcare information and clinical decision support systems provider - Reports a "security incident" discovered early on Sunday, which affected its office servers. Says it has notified the relevant regulators, authorities, and law enforcement agencies, and is cooperating with investigations. "Once discovered, the data security breach was immediately contained by means of a joint effort by DXS's internal IT security teams in close cooperation with NHS England," DXS says. "The board has appointed an external cybersecurity specialist agency whose thorough investigations are underway...There was minimal impact on the company's services and the company's front-line clinical services remain unaffected and operational." DXS says it does not currently expect the incident to have a material adverse impact on its financial position or market forecasts for the year ending April 30.
----------
By Emma Curzon, Alliance News reporter
Comments and questions to [email protected]
Copyright 2025 Alliance News Ltd. All Rights Reserved.
Related Shares:
Ilika PlcAmpeak EnergyGrit Inv TstKropz PlcGSTechnologies