25th Sep 2026 13:44
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Friday and not separately reported by Alliance News:
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Bango PLC - Cambridge, England-based digital payments firm - Pretax loss narrows to USD937,000 in the six months ended June 30 from USD3.6 million the year prior, as revenue increases 2.8% to USD25.9 million from USD25.2 million. Adjusted earnings before interest, tax, depreciation and amortisation rise 34% to USD9.0 million from USD6.7 million. Annual recurring revenue grows 31% to USD20.4 million from USD15.6 million, driven primarily by expansion within the existing customer base. Gross margin expands by 310 basis points to 87%, reflecting the "increasing contribution of higher-margin recurring subscription revenues and continued improvement in Payments revenue quality." Looking ahead, Bango says there may be "a low-single-digit variation in reported revenue, with negligible impact on adjusted Ebitda", but that trading remains in line with market expectations. Puts 2026 market consensus for revenue at USD53.8 million, adjusted Ebitda at USD19.5 million and cash Ebitda at USD8.3 million. "We entered the second half with growing recurring revenue, an improving cash generation profile and a clear focus on disciplined execution. The board remains confident in Bango's growth prospects, underpinned by expansion from within the existing customer base and a strong pipeline of new opportunities," says Chief Executive Paul Larbey.
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Tandem Group PLC - Birmingham, England-based designer, developer, distributor and retailer of sports, leisure and mobility equipment - Swings to pretax profit of GBP70,000 in the six months ended June 30 from loss of GBP378,000 the year prior, as revenue increases 6.7% to GBP11.9 million from GBP11.2 million. Gross profit rises 15% to GBP4.0 million from GBP3.4 million, with gross margin increasing to 33.3% from 30.9%, primarily due to new products, categories and currency fluctuations. Basic and diluted earnings per share of 1.3p compares to losses of 6.9p per share a year ago. Reports trading has strengthened further post period end, with sales year-to-date to August 30 up 9.1% year-on-year. Trading for the full year remains in line with market expectations. On achievement of full year market forecasts, says the current intention is declare a full-year dividend.
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Great Western Mining Corp PLC - Nevada-focused gold, silver and copper explorer - Pretax loss widens to EUR2.6 million in the six months ended June 30 from EUR485,232 the year prior. This mainly reflects a EUR1.9 million loss on revaluation of share warrant provisions and impairment of exploration and evaluation assets compared to EUR15,073 gain the year before. Administrative expenses also rise to EUR790,910 versus EUR501,649. Cash and cash equivalents at June 30 are EUR2.8 million versus EUR70,000 at the end of 2025. Net assets grow to EUR9.51 from EUR8.60 million over the same time frame. The company says it is fully funded for its planned 2026 exploration and mineral resource estimate programme. CEO Ed Loye says the focus is now on assay results and delivery of a maiden MRE. "This will give us a much clearer picture of the scale and quality of the tungsten mineralisation at Defender and inform the next phase of work," he says. Defender is the firm's flagship project in Nevada. The firm completed a 23-hole drilling programme earlier this month.
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Safestay PLC - London-based hostel operator - Swings to a pretax loss of GBP2.1 million in the six months ended June from GBP436,000 profit the year prior, as revenue from continuing operations decreases to GBP8.4 million from GBP9.4 million. Loss per share for continuing operations is 2.76 pence from restated EPS of 0.49p a year ago. Excluding the GBP500,000 Edinburgh revenue contribution in the prior period, like-for-like revenue declines by 6%, reflecting continued challenging trading conditions across its pan-European portfolio. Net asset value per share slumps to 19.96p from 47.8p, principally reflecting impairment, revaluation and disposal-related movements recognised, together with the loss for the period. Says its trading environment remains challenging, with forward bookings 21% lower at GBP3.7 million as of Tuesday, against GBP4.7 million one year prior, reflecting "a weaker consumer environment and tourist levies in certain markets." Despite this, Safestay remains "positive" about its long-term prospects. Says it also continues to consider various strategic options to "crystallise" value for shareholders and support the focus on expanding its European footprint through an increasingly asset-light model, including potential further disposals and sale and leasebacks, alongside growth through franchising and leasehold structures.
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Aquila European Renewables PLC - European renewable energy-focused investment firm, which is in a managed wind-down - Net asset value per share drops 6.4% to 53.1 US cents at June 30 from 56.7c at the end of 2025 on a like-for-like basis. This adjusts the December 31 NAV for capital subsequently returned to shareholders. The decline principally reflects a further increase in the portfolio's overall discount rate, from 10.0% at the end of 2025 to 10.2% as at June 30, and continued reductions in forecast power prices, particularly in the Iberian solar market, where increasing renewable build-out is causing further cannibalisation of achieved prices. No dividend was declared in respect of the first half. Cash generated by the company's investments and available for "upstreaming" to the company remains under significant pressure, it says. Company says its "overriding priority remains to complete the managed wind-down in a disciplined way and to return capital to shareholders as efficiently as possible, while protecting the value of the company's remaining assets."
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Strategic Minerals PLC - London-based mineral producer - Pretax loss stretches to USD712,000 in the half-year ended June 30 from USD568,000 the year prior. Revenue drops to USD1.6 million from USD2.0 million, driven by a temporary fall in purchase volumes from the largest buyer in January and February, which have subsequently reverted to long-term average levels. Cash at June 30 is USD10.0 million versus USD777,000 at the end of 2025. This reflects proceeds of GBP8.7 million raised in two equity fundraisings in January and March to advance the Redmoor project through a pre-feasibility study. Executive Chair Charles Manners says the company is now "fully funded to deliver the largest drilling programme in Cornwall this century and substantially funded to take Redmoor through pre-feasibility." He adds: "Against a backdrop of record tungsten prices and with growing emphasis on security of supply, our strategy is focused on delivering Redmoor into production as quickly as possible."
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By Jeremy Cutler, Alliance News reporter
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Related Shares:
BangoSafestayTandem GroupGreat Western Mining Corporation PLCAquila Euro.Strategic Minerals