However, due to how time is defined, there exist differences in how calculations must be computed when compared to decimal numbers. Insig AI PLC said Friday that pretax loss for the fiscal 2022 nearly tripled as the company booked higher costs, and that it expects revenue to increase from the second half of the new fiscal year.Ĭontact: London NewsPlus Dow Jones NewswiresĬopyright (c) 2022 Dow Jones & Company, Inc.Like other numbers, time can be added or subtracted. Insig AI FY 2022 Pretax Loss Widened, Sees Further Revenue Increase Hardide PLC said Friday that it intends to raise around 500,000 pounds ($575,200) in a share placing and subscription to satisfy near-term cash requirements, though it will require further capital. Hardide to Raise GBP500,000 in Share Issue for Near-Term Cash Needs Gear4Music (Holdings) PLC said Friday that it has lowered its expectations for fiscal 2023 amid the cost-of-living crisis and unusually hot weather across Europe.ĪssetCo Seeks Stakeholder Approval to Repurchase 10% of Share CapitalĪssetCo PLC said Friday that it intends to seek approval from shareholders for the authority to make market purchases of its shares representing up to 10% of its issued share capital, or around 9.7 million pounds ($11.2 million). Gear4Music Lowers FY 2023 View Amid Cost-of-Living Crisis, Hot Summer Manolete Partners PLC said Friday that it expects to report a pretax loss of around 5 million pounds ($5.8 million) for the first half of fiscal 2023, mostly stemming from the adjustment of unrealized revenue and profit. Manolete to Report a GBP5 Mln 1H Pretax Loss on Adverse Ruling, Cases Review for an enterprise value of 2.2 million pounds ($2.5 million).Įuropa Oil & Gas Secures GBP1 Mln Loan FacilityĮuropa Oil & Gas (Holdings) PLC said on Friday that it has secure a 1 million pounds ($1.2 million) loan facility with Union Jack Oil PLC for liquidity purposes.Ĭomputacenter 1H Pretax Profit Fell Due to Strong Base EffectĬomputacenter PLC said Friday that first-half pretax profit fell as the prior-year figure was strong due to Covid-19 and supply shortages for IT equipment altering customer buying behaviors in 20. XP Factory PLC said Friday that it expects first half revenue to significantly grow on-year, and it has acquired Boom Battle Bar Cardiff Ltd. XP Factory Sees 1H Revenue Significantly Rising Acquires Cardiff Site following an in-depth review of the deal.ĪSOS Sees FY 2022 Sales, Profit in Line With Market ViewsĪSOS PLC said Friday that it expects sales and profit for fiscal 2022 to be in the range of market expectations, but warned that sales in August were weaker than expected. Competition and Markets Authority on Friday provisionally cleared the London Stock Exchange Group PLC's planned 274 million pound ($315.2 million) acquisition of Quantile Group Ltd. LSEG's Planned Acquisition of Quantile Provisionally Cleared by UK Regulator Victoria PLC said Friday that revenue, earnings and cashflow since the start of fiscal 2023 were in line with consensus market expectations, and that management continues to successfully navigate through the current macroeconomic challenges.ī90 Holdings Raises GBP305,000 for Use Toward Organic Growthī90 Holdings PLC said Friday that it has raised 305,000 pounds ($350,872) through a subscription, with the proceeds to be used toward working capital and to invest in marketing to support organic growth. Victoria Says Revenue, Earnings, Cashflow in Line With Views 30, and step down from the COO role from March 31 after a transitional period. Land Securities Group PLC said Friday that Chief Operating Officer Colette O'Shea will step down as director on Sept. Land Securities Chief Operating Officer to Step Down "Focus will be on the EU energy minister meeting, where price caps, windfall profit taxes and emergency credit lines will be discussed as possible measures to tackle Europe's mounting energy crisis," Danske Bank analysts say in a note. Brent crude rises 0.7% to $89.75 a barrel. Markets in Australia, mainland China, Hong Kong and Japan all gain, and the Dow closed Thursday 0.6% higher. FTSE 100 Poised to Rise After Upbeat Asia TradingĠ640 GMT - The FTSE 100 looks set to open 20 points higher at 7282, according to IG futures data, after upbeat trading in Asia and a higher close on Wall Street.
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