Result Update: Physiomics PLC, EasyJet Plc and PRS REIT Plc

Physiomics PLC

Physiomics Plc (Identifier: PYC) aims to develop breakthrough achievements in field of cancer by transforming oncology drug development which can be applied in the real world. The company uses its proprietary technology known as Virtual TumourTM technology and related tools to track, predict and research various treatments of cancer. The company helps other cancer development players by partnering with them in both pre-clinical and clinical developments and sharing knowledge using mathematical models. The company is flexible in its approach and open to discussions in order to customise, if required. In addition, the company provides consultants who have diverse experience in working for big clients, small clients and not-for profit clients.

PYC-Financial highlights for FY19 period ended 30th June 2019

The company’s total income comprising of revenue and grant income surged by 53 per cent to £783,101 in FY19 (which was highest in its history) as against £512,899 in FY18. The company’s operating loss plunged by 23 per cent to £201,219 in FY19 as against £260,391 in FY18. The company’s loss after taxation was down by 43 per cent to £104,040 in FY19 as against £183,341 in FY18. The surplus of shareholders’ funds of the company was recorded at £607,914 on 30th June 2019 compared to £690,026 on 30th June 2018. The company had cash balances of £405,366 on 30th June 2019 as against £571,869 on 30th June 2018. In calendar year 2019, the company signed an agreement with Merck KGaA for consulting services for a consideration of £435,000. The company successfully added two new biotech clients, Belgium-based Convert Pharmaceuticals and UK-based Bicycle Therapeutics.

PYC-Share price performance

At the time of writing (at 11:04 AM GMT, as on 08 October 2019,) Physiomics Plc shares clocked a price level of GBX 2.63 per share, which was down by 2.59 per cent in comparison to the prior closing price. Market Capitalisation of the company stood at £1.94 million at the time of writing.

PYC shares have touched a peak on 20 November 2018 of GBX 5.71 and a trough on 03 October 2019 of GBX 2.50 in the past one year.

Before the market close, at the time of writing, the stock’s volume was around 60,753. Stock’s mean daily traded volume for 5 days stood at 355,443.60; 30 days- 230,251.90 and 90 days – 574,718.91.

PYC shares were down by 5.26 per cent in the past one month. Also, From January till date, the stock was down by approximately 28.95 per cent and was down by 11.48 per cent in the last quarter. 

EasyJet Plc

EasyJet PLC (Identifier: EZJ) is a Luton, the United Kingdom-based low-cost European point-to-point airline company. The company is known for delivering lower fares, which is achieved through operational efficiency on point-to-point routes. The company has four geographic segments, which are differentiated according to the origin country. The segments include the United Kingdom, Southern Europe, Northern Europe and Other.

EZJ-Pre-close trading update for Q4 FY19

The company expects to deliver profit before taxation in the range of £420 million- £430 million for the fiscal year 2019. The company saw an increase of 8.6 per cent in number of passengers to 96 million along with capacity expansion of 10.3 per cent to 105 million seats. For the full year, load factor will decrease by 1.4 percentage points to 91.5 per cent. Due to increased capacity, higher fuel costs per unit and unfavourable foreign currency movements, the total headline cost will increase for fiscal year 2019. The company’s total fuel cost is expected to be around £1,420 million for the fiscal year 2019 which also captures increased emissions costs and unfavourable impact of foreign exchange movements. The company delivered strong performance in Q4. The cost performance of the company was in line with the expectations.

EZJ-Financial highlights for Q3 FY19

During the quarter ending 30th June 2019, total revenue surged by 11.4 per cent to £1,761 million as compared to that of the corresponding period of the prior year. Passenger revenue rose by 10.7 per cent to £1,387 million against the previous year corresponding period data. Ancillary revenue stood at £374 million, an increase of 14.3% in the current period from £328 million in the quarter ended 30th June 2018.

In the quarter ending 30th June 2019, the number of passengers increased by 8 per cent to 26.4 million, due to a surge in the capacity of 10 per cent to 28.8 million seats. Load factor declined by 1.7ppts to 91.7 per cent as compared with the corresponding period of the last year, driven by the late yields initiatives as well as high previous year comparatives due to industrial action in Monarch’s and France bankruptcy. On a constant currency basis, total revenue per seat surged by 0.7 per cent to £60.84 against the previous year same period data, due to the strong yield performance, the move to IFRS 15 accounting, increase in ancillary revenue per seat, and seasonality. Headline cost per seat excluding fuel declined by 4 per cent, due to the wet-leasing fewer aircraft, lower employee, and investment in operational resilience. During the quarter ending 30th June 2019, the company issued a €500 million bond under its Euro Medium Term Note programme which was 3.4x over-subscribed and carried a coupon of 0.875 per cent. The company average sector length increased by 0.6 per cent to 1,117 km as compared with the corresponding period of the prior year.

EZJ-Share price performance

At the time of writing (at 11:09 AM GMT, as on 08 October 2019,) EasyJet PLC shares clocked a price level of GBX 1,090.50 per share, down by 6.99 per cent in comparison to the prior closing price. Market Capitalisation of the company stood at £4.66 billion at the time of writing.

EZJ shares have touched a peak on 26 February 2019 of GBX 1,367.50 and a trough on 03 June 2019 of GBX 840.00 in the past one year.

Before the market close, at the time of writing, the stock’s volume was around 1,493,227. Stock’s mean daily traded volume for 5 days stood at 1,977,101.40; 30 days- 1,944,972.77 and 90 days – 2,342,066.56.

EZJ shares were up by 23.94 per cent in the past one month. Also, From January to till date, the stock was up by approximately 6.11 per cent and was up by 14.22 per cent in the last quarter. 

PRS REIT Plc

Closed-ended real estate investment trust, PRS REIT Plc (Identifier: PRSR) invests in a portfolio of newly constructed private rented properties (family homes) primarily in the United Kingdom with an objective to generate capital appreciation and income for investors. The company provides its customers fantastic places to live without ownership hassles. The portfolio of the properties consists of two, three- and four-bedroom houses.

PRSR-Financial highlights for FY19

The company’s revenue surged by 233 per cent to £6.0 million in FY19 from £1.8 million in the 13 months ended 30 June 2018. The company’s net rental income was up by 227 per cent to £4.9 million in FY19 from £1.5 million in the 13 months ended 30 June 2018. The company’s operating profit surged by 441 per cent to £14.6 million in FY19 as against £2.7 million in the 13 months ended 30 June 2018. The company’s profit after taxation was up by 356 per cent to £14.6 million in FY19 from £3.2 million in the 13 months ended 30 June 2018. The company’s basic EPS was up by 190 per cent to 2.9 pence per share in FY19 as against 1 pence per share in the 13 months ended 30 June 2018. The company’s net assets were valued at £474 million on 30th June 2019 as against £486 million on 30th June 2018. The company’s annual dividend stood at 5 pence per share in FY19, same as in the previous year. The company added 768 new rental homes to its portfolio during the year. The company’s estimated annualised rental income stood at £10.7 million on 30 June 2019 against £3.6 million, which was the annualised estimated rental income as on 30 June 2018.

PRSR-Share price performance

At the time of writing (at 11:13 AM GMT, as on 08 October 2019,) PRS REIT Plc shares clocked a price level of GBX 90 per share, up by 1.69 per cent in comparison to the prior closing price. Market capitalisation of the company stood at £438.32 million at the time of writing.

PRSR shares have touched a peak on 05 March 2019 of GBX 102.50 and a trough on 24 September 2019 of GBX 86.00 in the past year.

Before the market close, at the time of writing, the stock’s volume was around 46,113. Stock’s mean daily traded volume for 5 days stood at 199,774.80; 30 days- 405,845.00 and 90 days – 323,059.82.

PRSR shares were up by 0.57 per cent in the past one month. Also, From January to till date, the stock was down by approximately 6.25 per cent and was down by 8.95 per cent in the last quarter.