Latest Result Updates of Five AIM-listed Stocks: TM17, SBIZ, TPG, TRIN and VEC

Team17 Group Plc

Team17 Group Plc (TM17) is a United Kingdom-based video games developer company. The company came into being with the 1990 merger of British developers 17-Bit and Swedish Developers Team 7.

In May 2018 the company floated its IPO and became a public company. The company’s shares are listed at the AIM segment of the London Stock Exchange, where they trade with the ticker name TM17.

News Update

The company on 10 September 2019 published its half-yearly results for the period ending 30 June 2019.

Insights from Financial Results

  • The revenues of the company increased by 97 per cent to £30.4 million for the six-month period ending 30 June 2019 from £15.4 million for the six-month period ending 30 June 2018.
  • The adjusted earnings per share of the company grew by 356 per cent to 7.31 pence for the six-month period ending 30 June 2019 from 63 pence for the six-month period ending 30 June 2018.

Source – Company’s half-yearly report published on 10 September 2019

Stock Price performance at the London stock exchange (YTD)

(Comparative chart of TM17 and the AIM Allshare index, Source – Thomson Reuters        

Stock performance at the London stock exchange over the past five days

Price Chart as on 10 September 2019, before the market close (Source: Thomson Reuters)

On 10 September 2019, at the time of writing the report (before the market close, GMT 1.15 PM), TM17 shares were trading on the London Stock Exchange at GBX 299.9.

The stock has a 52-week High of GBX 324.93 and a 52-week low of GBX 175.00. The total market capitalization of the company was £394.43 million.

Outlook

The company has given a sterling performance for the year. The company in its statement has stated that it is well-positioned to capitalize on the continuing growth of digital distribution channels, enabling it to reach to the widest possible audience.

Simplybiz Group Plc

Simplybiz Group Plc is a United Kingdom-based company in the business of providing business consultancy and compliance support services to the legal, financial services and workplace benefits professionals in the United Kingdom.

The company’s shares are listed on the AIM segment of the London Stock Exchange, where they trade with the ticker name SBIZ.

News Update

The company on 10 September 2019 published its half-yearly results for the period ending 30 June 2019.

Insights from the Financial Results

  • The Group’s revenue is up by 20 per cent and adjusted earnings per share increased by 8 per cent for the six month period ending 30 June 2019 over what they were for the six month period ending 30 June 2018.
  • An interim dividend of 1.41 pence per share, in line with company’s dividend policy was declared by the board.

Source – Company’s half-yearly report published on 10 September 2019

Stock Price performance at the London stock exchange (YTD)

(Comparative chart of SBIZ and the AIM Allshare index, Source – Thomson Reuters           

Stock performance at the London stock exchange over the past five days 

Price Chart as on 10 September 2019, before the market close (Source: Thomson Reuters)

On 10 September 2019, at the time of writing the report (before the market close, GMT 1.50 PM), SBIZ shares were trading on the London Stock Exchange at GBX 195.5.

The stock has a 52-week High of GBX 245.00 and a 52-week low of GBX 140.75. The total market capitalization of the company was £191.60 million.

Outlook

The company in March 2019 acquired Defaqto a financial data provider based out of the United Kingdom. The acquisition took the company’s customer base to almost 6,000 intermediary firms. Centra, the financial planning software of the company also surpassed 3,000 users milestone during the six month period ended 30 June 2019.

The company expects these two segments to deliver significantly towards the bottom-line of the company in future periods.

TP Group Plc

TP Group Plc (TPG) is a United Kingdom-based specialist engineering support and services company providing solutions to aerospace, defence, energy and process industries. The company designs and provides high-performance systems, independent advice, and extended service life support on their systems.

The company is listed on the AIM segment of the London Stock Exchange, where its shares trade with the ticker name TPG.

News Update

The company on 10 September 2019 published its half-yearly results for the period ending 30 June 2019.

Insights from Financial Results

  • The revenue of the company with strong growth registered in both its business streams was up by 63 per cent to £26.0 million for the half-year compared to H1 2018 when it was at £16.0 million.
  • The order intake of the company is up 33 per cent with a number of major contracts bagged and new business initiatives undertaken.

        

Source – Company’s half-yearly report published on 10 September 2019

Stock Price performance at the London stock exchange (YTD)

(Comparative chart of TPG and the AIM Allshare index, Source – Thomson Reuters            

Stock performance at the London stock exchange over the past five days 

Price Chart as on 10 September 2019, before the market close (Source: Thomson Reuters)

On 10 September 2019, at the time of writing the report (before the market close, GMT 2.45 PM), TPG shares were trading on the London Stock Exchange at GBX 6.90.

The stock has a 52-week High of GBX 7.85 and a 52-week low of GBX 5.63. The total market capitalization of the company was £52.32 million.

Outlook

The company has a healthy order book standing at 50 per cent ahead of the rate of conversion to the revenue, which will keep its production lines engaged across many years to come.

Trinity Exploration and Production Plc

Trinity Exploration and Production Plc is a United Kingdom-based oil and gas exploration and production company with a focus on Trinidad & Tobago. The company has both onshore and offshore assets on the east side as well as on the west side of the country.

The company is headquartered in San Fernando in Trinidad but has its corporate office in Leeds, the United Kingdom. The shares of the company are listed on the AIM segment of the London Stock Exchange where they trade with the ticker name TRIN.

News Update

The company on 10 September 2019 published its half-yearly results for the period ending 30 June 2019.

Insights from Financial Results

  • The average production of 3,008 barrels per day for the six-month period ending 30 June 2019, represents a 9 per cent increase over the corresponding period last year of 2,771 barrels per day.
  • The group’s operating expenditure for the six-month period ending 30 June 2019 reduced by 9 per cent, while the group’s operating break-even decreased by 8 per cent.
  • The group’s adjusted EBITDA increased by 20 per cent to $11.2 million for the six-month period ending 30 June 2019 over the corresponding six-month period ending 30 June 2018 of $9.3 million.

          

Source – Company’s half-yearly report published on 10 September 2019

Stock Price performance at the London stock exchange (YTD)

(Comparative chart of TRIN and the AIM Allshare index, Source – Thomson Reuters          

Stock performance at the London stock exchange over the past five days 

Price Chart as on 10 September 2019, before the market close (Source: Thomson Reuters)

On 10 September 2019, at the time of writing the report (before the market close, GMT 3.25 PM), TRIN shares were trading on the London Stock Exchange at GBX 11.430.

The stock has a 52-week High of GBX 21.40 and a 52-week low of GBX 10.00. The total market capitalization of the company was £42.98 million.

Outlook

The management of the company have expressed their happiness with the latest results and are confident that the company will be able to deliver as per the guidance for the rest of the year as well.

Vectura Group plc

Vectura Group Plc is a United Kingdom-based pharmaceuticals company with a primary focus on inhaled therapies for respiratory diseases.

The company’s shares are listed on the AIM segment of the London Stock Exchange where they trade with the ticker name VEC.

News Update

The company on 10 September 2019 published its half-yearly results for the period ending 30 June 2019.

Insights from Financial Results

  • The total revenue of the company for the six-month period ending 30 June 2019 was £91.7 million, which is higher by 14.8 per cent over the revenue figures of corresponding previous half-year period ending 30 June 2018.
  • The company’s adjusted EBITDA of £25.1million for the six-month period ending 30 June 2019 is higher by 10.6 per cent versus the adjusted EBITDA of £22.7 million in the prior year period ending 30 June 2018.

Source – Company’s half-yearly report published on 10 September 2019

Stock Price performance at the London stock exchange (YTD)

(Comparative chart of VEC and the AIM Allshare index, Source – Thomson Reuters            

Stock performance at the London stock exchange over the past five days 

Price Chart as on 10 September 2019, before the market close (Source: Thomson Reuters)

On 10 September 2019, at the time of writing the report (before the market close, GMT 3.30 PM), VEC shares were trading on the London Stock Exchange at GBX 79.75.

The stock has a 52-week High of GBX 90.15 and a 52-week low of GBX 65.85. The total market capitalization of the company was £527.95 million.

Outlook

The management of the company has reiterated its confidence in its guidance that it will be able to deliver as envisage.

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