11th Jul 2025 22:05
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday, Tuesday, Wednesday, Thursday and Friday not separately reported by Alliance News:
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Mast Energy Developments PLC - developer of reserve power generation plants - Completes GBP5 million fundraise. This puts the company in a strong financial position from which to advance its current Flexible Generation Power build-out strategy to develop or acquire a portfolio of up to 300+ MW generating capacity, Mast Energy says. Chief Executive Pieter Krugel says: "This funding will not only see the company's balance sheet essentially debt free, but also provide it with a war chest to secure further flexgen sites, both within our existing projects and others we may look to develop or acquire. The UK energy market is buoyant and there are significant opportunities which MED will look to capitalise on."
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VSA Capital Group PLC - London-based investment bank and stockbroker - Pretax loss narrows to GBP7,622 in the financial year to March 31 from GBP2.8 million a year prior, as turnover rises to GBP2.8 million from GBP1.9 million. Bottom line benefits from a drop in losses on investments to GBP46,621 from GBP1.8 million a year prior. "Last year was difficult for everyone in the markets, yet VSA came through in good shape," says Chief Executive Andrew Monk. "Our client roster crept up, our capital remains well above regulatory needs, and our focus on natural resources and transition energy is already feeding a strong pipeline. With these foundations, we enter the new year cautiously optimistic and ready for the next set of opportunities," he adds.
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MobilityOne Ltd - Kuala Lumpur-based e-commerce payment solutions provider - Pretax loss multiplies to GBP3.5 million in 2024 from GBP1.4 million a year prior as revenue falls to GBP230.2 million from GBP241.7 million. Lower revenue primarily due to softer demand in the group's main market in Malaysia, particularly in mobile phone prepaid airtime reloads and bill payment services through the group's banking channels and electronic data capture terminals as well as third parties' e-wallet applications. The widened loss was mainly due to lower sales, higher administrative and marketing expenses aimed at customer acquisition and retention, higher finance costs and the group's share of its 49%-owned associated company's loss, MobilityOne says. The group anticipates a challenging business environment and remains cautious about the outlook for the remainder of 2025, it says.
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Sabien Technology Group PLC - The London-based provider of energy reduction technologies - Expects revenue of GBP900,000 for the financial year to June 30, up from GBP700,000 the year prior. Says orders totalled GBP1.0 million in the year, up from GBP700,000 the year prior and invoiced GBP800,000, up from GBP600,000. Says M2G orders have grown by 26% in financial 2025 and indirect sales through its partner network have grown by 66%. Says enters the new financial year ending June 30 2026 with a stronger strategic, sales and cash flow position than 12 months ago.
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Croma Security Solutions Group PLC - Whiteley, England-based security services provider - Expects to report report a 10% increase in revenues to GBP9.6 million in the 12 months to June 30 compared to the prior year and consequently expects to meet market expectations for the financial year. Says it has been a successful year, delivering meaningful growth driven by organic sales across both divisions and the expansion of its security network. Remains in a strong financial position with cash balances of GBP4.3 million as of June 30 and no outstanding borrowings. "Our strategy remains firmly focused on reinvesting the proceeds from the Vigilant sale to establish a leading national security brand. This is being achieved through an acquisition-led expansion of our security centre network. We target modestly valued, independent locksmith stores, converting them into comprehensive security centres with an enhanced product offering. This approach drives cost efficiencies and significantly increases earnings potential," company says.
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SRT Marine Systems PLC - Somerset, England-based developer of maritime awareness systems - Expects revenue to balloon to GBP77.5 million in the financial year to June 30 from GBP14.8 million a year prior. Pretax profit before exceptional items is GBP4.4 million, swung from GBP14.4 million loss a year ago. Chief Executive Simon Tucker says: "This year's performance is a reflection of our proven technologies and products, and SRT's established position in the global maritime surveillance and management market. This market remains in its early stages of development as marine stakeholders seek to harness digital technologies such as AI to reveal insights that enable them to enhance security, safety and sustainability and therefore I expect to continue to see our business grow substantially from this base in the future."
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Powerhouse Energy Group PLC - Bingley, England-based non-recyclable waste-to-energy conversion company - Chief Executive Paul Emmitt says: "We have been delighted with the progress that the Company has made in the first half of the year. We have seen a very significant uptick in interest following the completion of the FTU and our CMD whilst also advancing our key projects. It has also been particularly pleasing to see the excellent performance from Engsolve which we expect to continue into the second half of the year." Adds: "We are already implementing several initiatives which we fully expect to continue to drive our business forward in the second half of the year and look forward to providing further updates as these come to develop."
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By Jeremy Cutler, Alliance News reporter
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Related Shares:
Mast Energy.MobilityoneSabien Tech.Croma SecuritySrt Marine Sys.Powerhouse Ener