#VELA Vela Technologies PLC – Quarterly Investment Update January 27, 2025 – Posted in: Vela Technologies Plc (VELA)

The Board of Vela (AIM:VELA), an AIM-quoted investing company focused on early-stage and pre-IPO disruptive technology investments, today announces an investment update for the quarter ended 31 December 2024. Key numbers as at 31 December 2024 · The value of Vela’s total assets (including cash) decreased by £385,000 during the quarter to £2,670,000 from £3,055,000 (quarter to 30 September 2024 – an increase of £251,000). · The fair value of the investment portfolio (excluding cash)…

#VELA investee co. #SKL Skillcast Group PLC – Full Year Trading Update January 23, 2025 – Posted in: Vela Technologies Plc (VELA)

Skillcast (AIM:SKL), the provider of SaaS compliance software and off-the-shelf e-learning, is pleased to announce a trading update for the year ended 31 December 2024. The Group’s revenue for 2024 is expected to be c.£13.3 million, 18% higher than the previous year (2023: £11.3 million). The revenue growth is entirely organic and driven by strong growth in recurring subscription revenues, which increased by 29% to c.£11.0 million (2023: £8.5 million). As anticipated, professional services…

#VELA investee #FIN Finseta PLC – 2024 Full Year Trading Update January 15, 2025 – Posted in: Vela Technologies Plc (VELA)

Finseta plc (AIM: FIN), a foreign exchange and payments solutions company offering multi-currency accounts to businesses and individuals through its proprietary technology platform, is pleased to provide an unaudited update on trading for the year ended 31 December 2024. Highlights · Underlying revenue1 grew by c. 26% to £11.3m (2023: £8.9m) and reported revenue increased by c. 19% to £11.4m (2023: £9.6m) · Growth in active customers2 to 1,059 (2023: 906) · Gross margin…

#ELEG Electric Guitar PLC – Liquidation of 3radical Limited December 13, 2024 – Posted in: Electric Guitar Plc (ELEG)

Electric Guitar PLC (LSE: ELEG) announces that, further to the Company’s announcement of 28 November 2024 and following a marketing exercise of the business and assets of 3radical Limited (“3radical”) (the Group’s main operating subsidiary) as a going concern with the assistance of KRE Corporate Recovery Limited (“KRE”), and after a number of enquiries and discussions, no offers for the business as a going concern have been received. As a result of 3radical’s revenues…

#VELA investee co. #ENSI EnSilica PLC – AGM Statement November 28, 2024 – Posted in: Vela Technologies Plc (VELA)

The Board of EnSilica, a leading chip maker of mixed signal ASICs (Application Specific Integrated Circuits), is holding its Annual General Meeting (“AGM”) at 10.00 a.m. today. At the meeting, Mark Hodgkins, Chair, will make the following statement: “I am delighted to report that EnSilica has continued to generate strong new contract momentum during the first half of the current financial year (“HY 2025”), developing a significant pipeline of opportunities with businesses operating across our…

#VELA investee co. #SKL Skillcast Group PLC – Trading Update and Notice of Interim Results July 25, 2024 – Posted in: Vela Technologies Plc (VELA)

Skillcast Group plc (AIM: SKL), the provider of SaaS compliance software and off-the-shelf e-learning, is pleased to announce a trading update for the six months ended 30 June 2024. The Group expects to report revenues of £6.4 million for H1 2024, a 23% increase on the comparative period last year (H1 2023: £5.2 million). The growth continues to be driven by recurring subscription revenues, which increased 35% on the same period last year to…

#EGT European Green Transition PLC – Option to Acquire Irish Carbon Credit Project May 23, 2024 – Posted in: European Green Transition Plc (EGT)

European Green Transition (AIM: EGT), a company developing green economy assets in Europe which aims to capitalise on the opportunity created by the green energy transition, is pleased to announce it has entered into an exclusive option agreement (the “Option”) to investigate the potential to develop a peatland carbon sink programme and in turn generate carbon credits (the “Carbon Credit Project”) at the Altan farm in Donegal, Ireland (“Altan”). Highlights · Altan is a c.1,370…

#VELA investee co. #SKL Skillcast Group PLC – Full Year Trading Update January 31, 2024 – Posted in: Vela Technologies Plc (VELA)

Skillcast Group plc, the provider of SaaS compliance platforms and off-the-shelf e-learning, is pleased to announce a trading update for the year ended 31 December 2023, a further year of strong growth in annualised recurring revenue (“ARR”)*. The Group’s revenue for 2023 is expected to be c. £11.3 million, 15% higher than the previous year (2022: £9.8 million). The revenue growth is entirely organic and driven by strong growth in recurring subscription revenues,…

#VELA investee co. #CODE Northcoders PLC – New contract win – Department for Education January 16, 2024 – Posted in: Vela Technologies Plc (VELA)

Northcoders (AIM:CODE), a UK market leading technology training business, is pleased to announce that it has successfully secured further funding from the Department for Education Skills Bootcamp Dynamic Purchasing System 2 bid (‘DPS’)*. This new round of funding provides Northcoders with a further £10 million to train individuals on the Northcoders market-leading bootcamp, deliverable over 18 months, and provides the Company with strong revenue visibility for FY-2024 and H1-2025. It also underpins an 18.6% increase…

#VELA investee co. #CSFS Cornerstone FS PLC – 2023 Full Year Trading Update January 10, 2024 – Posted in: Vela Technologies Plc (VELA)

Cornerstone FS plc (AIM: CSFS), a foreign exchange and payments solutions company offering multi-currency accounts to businesses and individuals through its proprietary technology platform, is pleased to provide an update on trading for the year ended 31 December 2023. The information contained herein has not been audited and may be subject to further review and amendment. Highlights · Revenue growth of 100% to c. £9.6m (2022: £4.8m) · Gross margin improvement to c. 63%…