Science Group, up 4.9%, in its audited results for the year ended 31 December 2024, announced that revenues fell to £110.67 million from £113.34 million recorded in the previous year. Profit before tax widened to £14.74 million from £7.62 million.
Xaar, up 58.2%, in its final result for the year ended 31 December 2024, announced that revenues dropped to £61.41m from £70.24m recorded in the previous year. Loss before tax widened to £11.43m from £2.72m.
Sareum, up 4.0%, in its interim results, announced that the loss before tax narrowed to £1.33 million from £2.51 million recorded in the same period of the previous year. The Directors do not propose a dividend in respect of the six months ended 31 December 2024.
Creightons, up 3.6%, announced that it has appointed Mrs Jemima Bird as an Independent Non-Executive Director with effect from 31 March 2025.
Oracle Power, unchanged at 0.02p, today, the company announced that Apex Geoscience has started the maiden geochemical sampling programme to progress exploration at the Blue Rock Valley Copper and Silver Project, located in the Ashburton Basin in the northwest region of Western Australia.
Dialight, down 3.3%, today, announced that a full and final settlement agreement has now been entered into with Sanmina. The first payment due by 31 March 2025 of $4 million has been made to Sanmina. Further, the full-year results are due to be released in June 2025.
Quartix Technologies, down 1.9%, today, in its AGM trading statement, announced that it has made a strong start to the year, with new unit subscriptions approximately 20% higher in the first quarter than in the same period in 2024.
Gaming Realms, down 0.8%, today, in its annual results, announced that revenues climbed to £28.47m from £23.42m recorded in the previous year. Profit before tax widened to £8.34m from £5.17m. The board has not proposed the final dividend for the current year.
GetBusy, unchanged at 53.5p, in its audited results for the year ended 31 December 2024, announced that revenues rose to £21.45m from £21.11m recorded in the previous year. Profit before tax stood at £0.59m compared to a loss of £0.51m.
UK markets ended mostly higher last week, as Britain’s GDP data grew as expected in 4Q 2024. On the data front, the UK gross domestic product grew as expected in 4Q 2024. Additionally, the UK services PMI climbed more than expected in March, while the nation’s retail sales unexpectedly rose in February. Meanwhile, the UK manufacturing PMI unexpectedly fell in March, while the nation’s consumer price index rose less than expected in February. The FTSE 100 index advanced 0.1% to settle at 8,658.9, while the FTSE AIM 100 index rose 1.3% to close at 3,367.5. Meanwhile, the FTSE techMARK 100 index lost 1.3% to end at 6,458.3.
US markets ended lower in the previous week, amid worries that US President Donald Trump's tariff policies would further stoke inflation. On the macro front, the US manufacturing PMI declined more than expected in March, while the nation’s Michigan consumer sentiment index declined more than expected in March. Also, the US new home sales advanced less than expected in February, while the personal spending advanced less than expected in February. Meanwhile, the US annualised gross domestic product expanded more than anticipated in 4Q 2024, while the nation’s services PMI rose more than expected in March. Additionally, the US durable goods orders unexpectedly rebounded in February, while the nation’s weekly jobless claims unexpectedly fell in the week ended 21 March 2025. Moreover, the US pending home sales advanced more than anticipated in February, while the personal income rose more than expected in February. The DJIA index fell 1.0% to end at 41,583.9, while the NASDAQ index lost 2.6% to close at 17,323.