Vela Technologies #VELA – Quarterly Investment Update August 30, 2024 – Posted in: Uncategorized, 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, is pleased to report an update for the quarter ended 30 June 2024. Key numbers as at 30 June 2024* ·        The value of Vela’s total assets (including cash) decreased during the quarter by £2,737,000 to £2,804,000 (quarter to 31 March 2024 – a decrease of £640,000 to £5,541,000). ·        This decrease is entirely attributable to the collapse…

Continue reading

Vela Technologies #VELA – Investee Co Skillcast #SKL results for 12 months ended 31 Dec 2023 April 25, 2024 – Posted in: Blog, Vela Technologies Plc (VELA)

Skillcast (AIM: SKL), the provider of SaaS compliance platforms and off-the-shelf e-learning, is pleased to announce its audited results for the twelve months ended 31 December 2023. Highlights   2023   2022 Change (2023 v 2022 ) Total Revenue £11.3m £9.8m +15% Subscription revenue £8.6m £6.7m +28% Gross margin (%) 69.7% 70.1% -0.4pps Annualised recurring revenue (ARR)* £9.3m £6.8m +37% Overheads £8.8m £7.4m +18% (LBITDA)* -£0.6m -£0.3m n/a Basic loss of earnings per share (pence)…

Continue reading

#VELA TECHNOLOGIES PLC – INVESTEE CO. SKILLCAST GROUP #SKL – GRANT OF SHARE OPTIONS May 11, 2023 – Posted in: Vela Technologies Plc (VELA)

Skillcast Group plc (AIM: SKL), the provider of content and technology for digital compliance transformation, announces the grant of 1,600,000 share options (the “Options”) over ordinary shares of 0.1 pence each (“Ordinary Shares”) to a Director and a number of employees of the Company, under the Skillcast Group plc EMI and Non-Qualifying Share Option Plan. The Options have an exercise price of 21 pence per option, being the closing mid-market price of an Ordinary Share on…

Continue reading

Vela Technologies #VELA Investee Co. Skillcast Group PLC #SKL Director/PDMR Shareholding January 27, 2023 – Posted in: Vela Technologies Plc (VELA)

Skillcast Group plc, the provider of content and technology for digital compliance transformation, was informed that, on 27 January 2023, Richard Steele, Chief Financial Officer, bought 56,497 ordinary shares of 0.1 pence each in the Company (“Ordinary Shares”) at a price of 17.7 pence per Ordinary Share. Richard Steele, now has a total beneficial interest in 56,497 Ordinary Shares, equivalent to approximately 0.06 per cent. of the Company’s issued share capital.  The FCA notification, made…

Continue reading

Vela Technologies #VELA – Investee company Skillcast #SKL Trading Update & Notice of Interim Results July 27, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

Skillcast Group plc (AIM: SKL), the provider of content and technology for digital compliance transformation, is pleased to announce a positive trading update for the six months ended 30 June 2022. The Group expects to report revenues of £4.5 million for H1 2022, a 20% increase on the comparative period last year (H1 2021: £3.7 million). The growth was driven by a strong performance in recurring subscription revenues, which increased 32% on the same period…

Continue reading

Vela Technologies #VELA – Investee Company Skillcast #SKL AGM Statement June 22, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

Skillcast Group plc, the provider of content and technology for digital compliance transformation, announces that at the Company’s Annual General Meeting (“AGM”), being held today at 1pm at the Company’s registered office at 80 Leadenhall Street, London, EC3A 3DH, Richard Amos, Chairman, will provide the following update: “We are pleased to report continuing growth in our revenues and client base and continue to trade in line with expectations. Both subscription revenues from our SaaS* products,…

Continue reading

VELA TECHNOLOGIES #VELA INVESTEE COMPANY – SKILLCAST #SKL – FINAL RESULTS FOR YEAR ENDING DEC 31 May 10, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

Skillcast Group (AIM: SKL), the provider of content and technology for digital compliance transformation, is pleased to announce its audited results for the year ended 31 December 2021.  Financial and operating highlights 2021 £ million 2020 £ million Revenue 8.4 7.3 Revenue growth 15% 8% Gross Margin 71% 69% Annualised recurring revenue* 5.8 4.5 Adjusted EBITDA* 1.1 1.1 Cash in bank 7.9 3.8 ·    Revenue growth of 15% (2020: 8%) driven by increased subscription revenue…

Continue reading