#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%…

#VELA Vela Technologies Investee Co. – #TRYB Tribe Technology – Trading update December 29, 2023 – Posted in: Vela Technologies Plc (VELA)

Tribe Technology PLC (AIM: TRYB), a disruptive developer and manufacturer of autonomous mining equipment, provides the following trading update. Factory completion of the first generation autonomous TTDS 700 GC drill rig, originally anticipated to occur in late Q4 2023, is now expected to occur in Q1 2024. Significant progress has been made on the build of this pioneering system. However, completion of the rig delivery to the customer has been delayed primarily due to unanticipated…

#VELA Vela Technologies Investee Co. – #ENET Ethernity Networks – FULL YEAR TRADING UPDATE December 5, 2023 – Posted in: Vela Technologies Plc (VELA)

Ethernity Networks (AIM: ENET.L; OTCMKTS: ENETF), a leading supplier of data processing and fibre access semiconductor technology for networking appliances, is pleased to provide an update on the Company’s anticipated trading for the year ending 31 December 2023 (“FY 2023”). Subject to completion of the FY2023 audit, the Company anticipates that its headline results for 2023 will be: · revenue of between US$3.6m and US$3.8m (2022: US$2.97m); · underlying gross profit of between US$2.4m and…

#VELA Vela Technologies Plc Investee Co. – #CSFS Cornerstone FS -FY 2023 TRADING ABOVE CURRENT MARKET EXPECTATIONS December 4, 2023 – 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 the following unaudited update on trading. As noted in the Group’s announcement of 24 October 2023, Cornerstone was experiencing strong trading momentum, reflecting the advancements made across the business driving year-on-year increases in active customers1 and average transaction value. The Group is pleased to report that…

#VELA Vela Technologies Investee Co. – EnSilica #ENSI – AGM STATEMENT & TRADING UPDATE FOR THE HALF YEAR November 28, 2023 – Posted in: Vela Technologies Plc (VELA)

The Board of EnSilica, a leading chip maker of mixed signal ASICs (Application Specific Integrated Circuits), is pleased to provide a trading update for the first half of its current financial year ending 30 November 2023 (“HY24”) ahead of its Annual General Meeting being held at 10.00 a.m. today. The Company has delivered a resilient performance in the first half of the year, buoyed by continued new business momentum, and the execution of a number…

#HVO hVIVO Plc – Trading Update July 26, 2023 – Posted in: hVIVO (HVO)

hVIVO plc (AIM & Euronext: HVO), the world leader in testing infectious and respiratory disease products using human challenge clinical trials, announces a trading update for the six-month period ended 30 June 2023. Highlights · First half revenue growth of 52% to £27.3 million* (H1 2022: £18.0 million) · EBITDA margin c.19% (H1 2022: 12.7%) · Net cash of £31.3 million as at 30 June 2023 (H1 2022: £15.9 million) · Weighted contracted…

#VELA Vela Technologies PLC investee co. #SKL Skillcast Group PLC – Full Year Trading Update January 26, 2023 – Posted in: Vela Technologies Plc (VELA)

Skillcast Group plc, the provider of content and technology for digital compliance transformation, is pleased to announce a positive trading update for the year ended 31 December 2022. The Group’s revenue for 2022 is expected to be c. £9.8 million, 17% higher than the previous year (2021: £8.4 million). The revenue increase is driven by strong growth in recurring subscription revenues, which increased by 26% to £6.7 million (2021: £5.3 million). Recurring subscription revenues…

#HVO hVIVO – Trading Update January 25, 2023 – Posted in: Blog, hVIVO (HVO)

EBITDA significantly ahead of expectations Orderbook growth and improved operational delivery lays strong foundations for future growth · Record revenue, up 30% year-on-year to £50.6 million · EBITDA margins of no less than 17%, significantly ahead of guidance · Cash of £28.4 million as at 31 December 2022 · Strong contracted orderbook of £76m, up 65% year-on-year · Board intention to declare shareholder distribution on publication of full audited accounts · Over 95% of 2023 revenue guidance contracted and visibility into…

#VELA Vela Technologies Plc – Investee Company #MODE Mode Global Holdings Plc- Assurance Statement November 18, 2022 – Posted in: Vela Technologies Plc (VELA)

Mode Global Holdings PLC (LSE: MODE), the LSE-listed Fintech Group, announces the following statement in light of the recent industry events: The collapse of FTX has sent shock waves through the industry and will undoubtedly have damaged confidence in the short to medium term. It is most unfortunate that the reckless behaviour of certain individual industry participants reflects badly on the crypto industry as a whole. Mode wants to assure its stakeholders that not only does…

Open Orphan #ORPH – Proposal to purchase Poolbeg Pharma shares from distribution in specie shareholders April 13, 2022 – Posted in: Blog, Open Orphan (ORPH)

Open Orphan (ORPH) a rapidly growing specialist contract research organisation (CRO) and world leader in testing infectious and respiratory disease products using human challenge clinical trials, notes the announcement dated 11 April 2022 from Poolbeg Pharma plc (“Poolbeg”), regarding a number of new investors (“New Investors”) having expressed interest in acquiring up to £1.6m of Poolbeg which are currently locked-up and held in trust by Croft Nominees Limited as a result of the distribution in…