Smallcap Sweep. 31-Jan-22Rapidly regurtitating RNSs
Aquila Energy Efficiency Trust (AEET) slow investment deployment leads to "comprehensive review of investment strategy with a view to ascertaining how best to accelerate deployment, whilst maintaining the Company's prudent credit criteria and return objectives". Makes first investments since IPO. 2 NEDs scarper. [SP=88.16 Cap=NA]
Quadrise Fuels (QFI) claims its fuel can lead to 13% increase in diesel engine efficiency and NOx 45% lower. [SP=2.04 Cap=28m]
Belvoir (BLV) guides FY(Dec) rev up 36%. Profit comfortably ahead of management's expectations. [SP=245 Cap=91m]
MJ Hudson (MJH) guides FY(June) U/L rev ahead of market consensus after strong H1. [SP=36.5 Cap=63m]
Tandem (TND) guides FY(Dec) rev £41m and pretax slightly ahead of the market expectations. H2 rev up 7%. "2022 has begun more slowly for the Group, with some customers delaying orders into future months. However, we remain confident that we have secured the strongest wheeled toy licences and have some exciting developments planned for the year." [SP=509 Cap=26m]
Omega Diagnostics (ODX) confirms talks on potential equity fundraising. "Market conditions remain challenging and accordingly any issue of equity would be at a discount to the current share price." Shock. [SP=10.65 Cap=19m]
Studio Retail (SRG) cuts FY adj pretax guidance to £28-30m. Last 5 weeks of Q3 much better with rev up 9%. Q3 total rev down 10%. Higher stock levels going into Q4, "We expect to revert to more normal trading conditions in Q4 this year, assuming no further lockdown restrictions. This is also a period where consumers traditionally spend less on discretionary retail, and this is likely to be compounded due to the higher living costs,..We expect to revert to more normal trading conditions in Q4 this year, assuming no further lockdown restrictions. This is also a period where consumers traditionally spend less on discretionary retail, and this is likely to be compounded due to the higher living costs," [SP=NA Cap=NA]
Devolver Digital (DEVO) guides FY(Dec) rev-cont up over 40%, slightly ahead of market expectations. Normalised adjusted EBITDA up over 55%, slightly ahead of market expectations. [SP=197.5 Cap=878m]
Journeo (JNEO) 3-year framework services agreement valued initially at £0.7m with GB Railfreight. [SP=103 Cap=9m]
Inspired (INSE) guides FY(Dec) rev up 48%, ahead of market consensus. Adjusted EBITDA c.55% up, in line. Outlook "Despite an absolute increase in the order book due to the contribution of the acquired order books, the impact of high energy prices has led to the underlying orderbook contracting during the year. Management observe this is a point of timing as to when customers will renew and the duration of those renewals, with customer retention remaining strong during the year. [SP=18.85 Cap=185m]
Ebiquity (EBQ) guides FY(Dec) rev in line but U/L op profit £4.7m+, materially ahead of market expectations. Buys C$1.1m rev Canadain business. [SP=57.04 Cap=45m]
Venture Life (VLG) guides FY(Dec) rev up 8%. Q4 rev up 59% on Q3. Adjusted EBITDA in line with mkt exp. [SP=37.67 Cap=47m]
Active Energy (AEG) CoalSwitch (mfr in Utah) combustion testing results demonstrate the superior quality of the fuel over existing biomass fuels. Meets exp. [SP=0.17 Cap=10m]
Craneware (CRW) guides H1(Dec) rev in line, adjusted EBITDA up 75%. ARR ahead of management's expectations at $165m. Sees FY in line. [SP=2220 Cap=793m]
WANdisco (WAND) deepens strategic relationship with Oracle. "Oracle will provide customers and partners fully funded access to WANdisco LiveData Migrator to accelerate their data lake migrations to Oracle Cloud Infrastructure (OCI) without incurring any additional cost." [SP=276 Cap=165m]
KRM22 (KRM) guides FY(Dec) rev £4.1m. ARR £3.8m at Dec. Adjusted EBITDA loss of £0.8m. "New contract with a global "tier one" bank, expected to be signed in the fourth quarter of FY2021, has been delayed to 2022...2022 will be a transitional year and the Company expects to add sales, marketing, and development resource to support both its direct sales efforts and the TT distribution agreement, but the pace of this investment will need to be considered against the prevailing challenging business environment." [SP=46 Cap=17m]
Van Elle (VANL) H1. Guides FY ahead of market expectations. [SP=42.5 Cap=45m]
In line: STM, FA., XPD, TRB
Notes SP & cap are 20m delayed
DYOR, E&OE etc etc. I may have a position in any or all of the shares covered. RNSshttp://www.investegate.co.uk/index.aspx?limit=-1@MrContrarian