Source - Alliance News

The following stocks are the leading risers and fallers on AIM in London on Tuesday.




Ethernity Networks Ltd, up 51% at 15.82 pence, 12-month range 0.084p - 16.00p. Signs a $4.6 million follow-on contract with an existing customer operating in India and China. Contract brings total value of contracts with the unnamed customer to $7.6 million. The semiconductor technology supplier will supply system-on-chip devices to the client, with support for gigabit passive optical networking optical line termination. Firm expects revenue from the contract to be recorded in 2023 and 2024.


Zoo Digital Group PLC, up 12% at 142.00 pence, 12-month range 96.20p - 150.00p. Reports strong momentum across the business. Revenue in the six months that ended September 30 expected at $51 million, up from $26.9 million the previous year. Also expects a ‘significant’ increase in earnings before interest, tax, depreciation and amortisation. The subtitling and dubbing software provider says a strong pipeline of work and ‘excellent’ customer relationships give it ‘continued and unwavering’ confidence moving forward. Zoo Digital will announce its interim results in November.


Feedback PLC, up 6.6% at 0.69 pence, 12-month range 0.47p - 1.37p. In the year that ended May 31, the medical software and system company reports its highest-ever reported revenue and full-year results ‘significantly’ ahead of market expectations. Revenue more than doubles to £588,576 from £287,415 the previous year. Pretax loss, however, widens to £2.5 million from £2.1 million. This reflects investment in the development and roll out of Bleepa, company explains. Bleepa is a clinician-facing platform that displays patient results.




eve Sleep PLC, down 45% at 0.40 pence, 12-month range 0.36p - 3.90p. In the six months that ended June 30, records a widened pretax loss of £4.6 million from a loss of £2.3 million a year before. Revenue falls 16% to £11.6 million from £13.9 million. The mattress maker explains there has been ‘no let-up’ in the challenging market backdrop, which it says has had a negative impact on demand for big ticket items and homewares. Adds efforts have been made to streamline the business, with cash preservation the ‘absolute focus’.


Deltex Medical Group PLC, down 23% at 0.81 pence, 12-month range 0.81 - 1.70p. Pretax loss widens to £662,000 in the first half of 2022 from a loss of £531,000 the previous year. The cardiac monitoring system maker explains the loss is due to increased investment in advertisement to generate increased international sales. Revenue inches up to £1.2 million from £1.1 million, however, thanks to the International division. Notes ‘severe’ disruption during the half as a result of the Covid-19 pandemic and a ‘slight’ increase in overheads.


Tlou Energy Ltd, down 14% at 1.21 pence, 12-month range 0.013p - 1.37p. Reports a loss before interest and tax of $4.3 million, widened from $2.1 million a year before. The Africa-focused project developer says the past year has seen it achieve ‘significant targets’, however, including the signing of a power purchase agreement in Botswana. Adds work is underway on a new operations base, and progress is being made on the development of a hydrogen and solid carbon project.


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Ethernity Networks LTD (ENET)

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Zoo Digital Group PLC (ZOO)

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Feedback PLC (FDBK)

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Deltex Medical Group PLC (DEMG)

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Tlou Energy Limited (TLOU)

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