#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…

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#ELEG Electric Guitar PLC – 3radical’s Data Store Integration with Marcomms.ai October 7, 2024 – Posted in: Electric Guitar Plc (ELEG)

Electric Guitar PLC (LSE: ELEG), the digital marketing and advertising company providing first-party data solutions, is pleased to announce a significant advancement in its AI-driven strategy through the integration of 3radical Limited’s (“3radical”) Global Data Store (GDS) with Marcomms.ai, a UK joint venture (“JV”) between Electic Guitar and Exelia Technologies, a software developer specialising in blockchain, machine learning, data processing and AI. Following the formation of the JV earlier this year (as announced on 31…

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#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…

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#VELA investee co. #TRYB Tribe Technology PLC – First autonomous RC drill rig video update July 5, 2024 – Posted in: Vela Technologies Plc (VELA)

Tribe Technology PLC (AIM: TRYB), a disruptive technology-first developer and manufacturer of world-class autonomous mining equipment, is pleased to share a video of its first autonomous reverse circulation drill rig performing final software & function testing prior to shipping.   The Company has made significant progress following the completion of manufacturing of the first TTDS GC 700 drill rig (the “Drill Rig”) and has already reached several milestones towards the shipment of the Drill Rig…

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#VELA investee co. #CODE Northcoders Group PLC – New flexi-course launch April 4, 2024 – Posted in: Vela Technologies Plc (VELA)

New, part-time coding bootcamp to drive tech career accessibility   Northcoders (AIM:CODE), a market leader in technology training in the UK, is launching a brand new part-time B2C software development bootcamp that aims to make careers in tech even more accessible and to increase the number of people from different backgrounds taking its courses.   The virtual course will launch on 15 July 2024, and has been created in response to demand for alternative structures,…

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#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…

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#VELA Vela Technologies plc- Investee Co. #CODE Northcoders Grouping plc- Proposed Placing November 21, 2022 – Posted in: Vela Technologies Plc (VELA)

Northcoders (AIM:CODE), the independent provider of training programmes for software coding, is pleased to announce that it intends to raise approximately £2.1 million (before expenses) by way of a placing of approximately 694,444 new Ordinary Shares at a price of 300 pence per share. The Placing Price represents a discount of approximately 4.8 per cent to the closing price of 315 pence per Ordinary Share on 18 November 2022, being the latest practicable business day…

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