01273 704473

info@novuscomms.com

01273 704473

info@novuscomms.com

Vela Technologies #VELA – Notice of Annual General Meeting November 17, 2023 – Posted in: Blog, 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, announces that the Company’s Annual General Meeting (“AGM”) will be held at 12.00 p.m. on Monday 11 December 2023 at 15 Victoria Mews, Mill Field Road, Cottingley Business Park, Bingley, West Yorkshire BD16 1PY. The notice of AGM has been posted to shareholders and a copy of the notice of AGM will be made available shortly on…

Continue reading

Vela Technologies #VELA – Investee co Northcoders #CODE interim results September 19, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

Vela Technologies #VELA investee company Northcoders (AIM:CODE), an independent provider of training programmes for software coding, announces its results for the six months ended 30 June 2023 “Group continues to grow despite challenging macro environment with record demand for consumer training bootcamps” Financial Highlights ·        Revenue grew to £3.5 million (H1 2022: £2.4million), an increase of 46% ·        Record demand for consumer bootcamp training, delivering revenues in H1 2023 of £2.8 million (H1 2022: £1.7 million)…

Continue reading

Vela Technologies #VELA investee company EnSilica secures follow-on $2.4m contract with existing customer September 1, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

EnSilica (AIM: ENSI), a leading chip maker of mixed signal ASICs (Application Specific Integrated Circuits), is pleased to announce that it has secured a contract with an existing Europe-based customer for approximately $2.4 million (the “Contract”). This most recent award with a longstanding EnSilica customer is for the development of a next generation advanced networking ASIC. The majority of the Contract revenue will be realised in the Company’s current financial year ending 31 May 2024…

Continue reading

#VELA TECHNOLOGIES PLC – INVESTEE CO. MTI WIRELESS EDGE #MWE – Q1 2023 FINANCIAL RESULTS May 17, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

MTI Wireless Edge Ltd (AIM: MWE), the technology group focused on comprehensive communication and radio frequency solutions across multiple sectors, is pleased to announce its financial results for the three-month period ended 31 March 2023. Financial highlights ·    Generated increased revenues of $11.3m, up 1% (Q1 2022: $11.2m) representing a solid start to the year ·    Strong order pipeline, providing confidence in the outlook for the year ·    Profit before tax up 15% to $1.1m (Q1 2022: $0.97m), reflecting an…

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 PLC – INVESTEE CO. KANABO #KNB – FY RESULTS May 2, 2023 – Posted in: Vela Technologies Plc (VELA)

Kanabo Group plc (LSE: KNB), the patient focused healthcare technology and medicinal cannabis company, announces results for the year results for the year ended 31 December 2022 (“FY 2022”). Having delivered significant progress against its strategic objectives across FY 2022, Kanabo uniquely combines a digital healthcare platform that facilitates access to healthcare professionals, and a treatment portfolio which includes medicinal cannabis products, providing seamless access to high-quality medical treatments for pain management. ·      Kanabo is now a…

Continue reading

#VELA TECHNOLOGIES PLC – INVESTEE CO. CORNERSTONE #CSFS – COMPLETION OF SALE OF AVILA HOUSE LTD. April 27, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

Further to the Company’s announcement of 23 December 2022, Cornerstone FS Plc (AIM: CSFS), a foreign exchange and payments company offering multi-currency accounts to businesses and individuals, is pleased to announce the completion of the sale of Avila House Ltd. (“Avila”) to Aspire Commerce Ltd. (“Aspire”) following the receipt of regulatory approval from the Financial Conduct Authority. In accordance with the terms of the share purchase agreement, the Company has now received £300,000 in cash in…

Continue reading

#VELA TECHNOLOGIES PLC – INVESTEE CO. ENSILICA #ENSI – TRADING UPDATE – Posted in: Blog, Vela Technologies Plc (VELA)

EnSilica (AIM: ENSI), a leading mixed signal chip maker, announces a trading update for the financial year ending 31 May 2023 (“FY23”). The Group has continued to trade strongly across the second half of FY23, delivering excellent new contract momentum, alongside completing a number of pre-existing projects in the period. As a result, the Board of Ensilica now expects the results for FY23 to significantly exceed current market expectations1 for EBITDA by approximately 30%, with revenue…

Continue reading

#VELA TECHNOLOGIES PLC – INVESTEE CO. #CODE – FINAL RESULTS April 25, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

Northcoders (AIM: CODE), an independent provider of training programmes for software coding, is pleased to announce its Final Results for the year ended 31 December 2022 (‘FY22’ or the ‘Period’). Financial Highlights ·    Group revenue up 86%1 to £5.6 million (FY21: £3.0 million) o  Consumer revenue increased by 77%1 to £4.9 million (FY21: £2.8 million) o  Corporate revenue increased by 189%1 to £0.7 million (FY21: £0.3 million) ·    Gross profit up 82%1 to £3.9 million (FY21: £2.2 million) with a gross profit margin…

Continue reading