25th Jan 2023 14:41
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
--------
OnTheMarket PLC - Aldershot, Hampshire-based property listing portal - Expects revenue for the financial year that ends on January 31 of between GBP34 million and GBP34.5 million, compared to GBP30.4 million the year before. Adjusted operating profit is expected to be between GBP4 million to GBP4.5 million in financial 2023, up from GBP2.7 million in financial 2022. "New Homes development listings have continued to grow, with this good performance supported by the release of several newly launched New Homes products in H2," it says.
--------
eEnergy Group PLC - London-based energy efficiency-as-a-service provider - Revenue for the six months that ended December 31 is expected to be GBP15.1 million, up 58% from GBP9.6 million a year earlier. Adjusted earnings before interest, tax, depreciation and amortisation is up 87% to GBP1.5 million from GBP800,000. Looking ahead, eEnergy says it is cautiously optimistic in its trading outlook for 2023. Says as at December 31, contracted forward revenue amounts to GBP26.4 million over four years, up 45% from 2021. Of this, GBP8.8 million is expected to be recognised as revenue in financial 2023 and GBP6.8 million in financial 2024.
--------
Technology Minerals PLC - London-based, Ireland-focused battery metals - Subsidiary LRH Resources Ltd secures seven new prospecting licenses at Leinster lithium property in south east Ireland. The company now owns 23 licenses. "Initial reconnaissance at two localities on the new licences have already yielded two clusters of spodumene pegmatite float material with grades of up to 1.73% Lithium oxide," it says.
--------
Ariana Resources PLC - The exploration firm with interests in Turkey, Cyprus and Kosovo - Says over 8,000 metres of diamond drilling has been completed at the Salinbas project. "These results have demonstrated the continuity of gold and silver mineralisation within part of the AS Zone, between Salinbas and Ardala, and confirmed the presence of significant molybdenum mineralisation in the periphery of the Ardala porphyry," Managing Director Kerim Sener says. Adds that surface sampling at Hizarliyayla shows the "potential for a base-metal rich intermediate sulphidation epithermal system".
By Xindi Wei, Alliance News reporter
Comments and questions to [email protected]
Copyright 2023 Alliance News Ltd. All Rights Reserved.