The following is a round-up of earnings reports by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
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Sylvania Platinum Ltd - South Africa-focused platinum group metals producer and developer - Reports net revenue of $104.2 million for the year ended June 30, up from $81.7 million the year before. Earnings before interest, tax, depreciation & amortisation climbed to $29.3 million from $13.5 million, and net profit surged to $20.2 million from $7.0 million, while pretax profit rose to $27.7 million from $13.5 million. Sylvania declares a final dividend of 2 pence per share for a total payout of 2.75p, against the prior year’s 2p annual dividend and 1p special dividend. Also says production exceeded guidance. Total 4E platinum group metals from Sylvania Dump Operations increased 11% on-year to ‘a new record of’ 81,002 ounces from 72,704 ounces, and 6E PGM rose 13% to 104,233 ounces from 92,426 ounces. For the current financial year, Sylvania targets 4E PGM production of between 83,000 and 86,000 ounces, and 100,000 to 130,000 tonnes of chromite concentrate through its Thaba joint venture.
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EPE Special Opportunities Ltd- Bermuda-based investment company - Net asset value per share is 301p as of July 31, down from 319p one year prior and down 8% from 328p on January 31. Pretax loss for the six months ended July 31 totals £9.1 million, widened on-year from £1.5 million. Interest income decreased to £164,347 from £374,341, and EPE swung to a net fair value loss on investments totalling £7.4 million, against the prior year’s gain of £256,129. Highlights from its portfolio companies include Luceco PLC reporting double-digit half-year growth in a recent trading update, and maintaining full-year guidance in line with expectations, while Rayware has delivered on-year sales growth despite ‘challenging trading conditions’. EPE reports a cash balance of £16.1 million as of August 31, after the completion of a debt facility refinancing by Whittard of Chelsea. This was up from £7.0 million as of July 31.
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Afentra PLC - Africa-focused oil and gas company - Reports results for the first half of 2025. Says revenue decreased on-year to $52.0 million from $73.1 million, with pretax profit falling to $10.6 million from $29.0 million. Cash and equivalents stood at $14.0 million at the period’s end, down from $46.9 million as of December 31, but Afentra received additional cash of $35.4 million in July due to a crude oil lifting completed on July 1. Gross average combined production for Block 3/05 and 3/05A was around 21,350 barrels of oil per day, down from 22,722 bopd. Rates from late June surpassed 23,000 bopd after ‘an acceleration of light well intervention activities’, and gross production in July and August averaged 22,172 bopd. Afentra says its multi-year redevelopment plan remains on track, targeting increased recovery and production growth, with first-half progression including ten light well interventions delivered to date; various upgrades to infrastructure; and platform surveys and access preparation, which should ‘support rig mobilisation and drilling in 2026’.
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Tialis Essential IT PLC - Edinburgh-based IT support services provider - Reports revenue of £8.8 million for the first half of 2025, down from £10.7 million the prior year. Says the decrease is ‘primarily due to delayed customer orders in the context of a challenging financial market environment’, but it ‘believes these conditions are cyclical and that underlying demand...remains robust’. Pretax loss narrows to £912,000 from £991,000. Adjusted Ebitda, which excludes impairment charges, non-underlying items, and ‘loss on disposal of fixed assets and share-based payment’, has increased to £950,000 from £936,000. Amortisation & impairment decreased to £677,000 from £1.1 million, and charges for share-based payments decreased to £98,000 from £176,000. ‘New business wins for 2025 are in line with the budget, with significant contract wins due to be signed in H2 2025,’ Tialis adds. Looking ahead, it expects full-year trading to remain in line with current market expectations.
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Flowtech Fluidpower PLC - Cheshire, England-based supplier of fluid power products, systems and solutions - Revenue for the first half of 2025 has increased 2.1% to £56.9 million from £55.7 million the year before. Swings to continuing pretax loss of £79,000 from profit of £338,000. Total administrative expenses increased to £19.3 million from £18.0 million. Cash & equivalents totalled £422,000 as of June 30, down from £6.4 million one year prior. Flowtech says revenue is down 12% on-year on a like-for-like basis, removing contributions from acquisitions. However, revenue rose 5% LFL compared with the second half of 2024, ‘highlighting more positive momentum gains in the period with June representing the strongest month of revenue, gross margin, and Ebitda contribution for over 12 months’. Expects ‘higher levels of profitability and strong cash generation’ in the second half, despite also anticipating ‘continuing challenging and volatile industrial markets’.
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Pebble Group PLC - Manchester, England-based services provider for the global promotional products industry - Reports pretax profit of £2.6 million for the first half of 2025, down 10% from £2.9 million the year before. Revenue decreased 4% to £58.6 million from £60.8 million, ‘with revenue from new contract wins at Brand Addition partially offsetting softening in some existing client spend’. Adjusted Ebitda, which is before share-based payment charges or credit, fell 16% to £6.2 million from £7.4 million, which Pebble says reflects revenue variance at Brand Addition alongside planned investment in sales and marketing to accelerate new Facilisgroup partner wins. Adds that this investment ‘is already delivering results’. Brand Addition revenue decreased 3.7% to £50.0 million from £51.9 million, while Facilisgroup revenue edged lower to £8.3 million from £8.5 million. Pebble describes the half-year results as ‘robust’ and reflective of the ‘uncertain’ environment in which Brand Addition clients are operating. The company expects full-year results to align with market expectations, with sales activity from new and existing Brand Addition clients for the rest of the year keeping total revenue stable.
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accesso Technology Group PLC - Berkshire, England-based provider of software for the leisure, entertainment and cultural sector - Reports pretax profit of $1.9 million for the six months ended June 30, multiplied from $295,000 the year before. Revenue decreased 1.9% to $67.9 million from $69.2 million, and decreased 1.0% excluding the disposal of its Brazilian subsidiary in January and the exit from its business-to-consumer arm in May last year. Ticketing & distribution revenue rose 2.5% to $53.1 million, and Professional Services revenue rose 4.8% to $4.4 million, but Guest Experience revenue fell 21% to $10.4 million. Finance expenses decreased to $697,000 from $1.2 million. accesso still expects full-year revenue towards the lower end of its guidance range, but says robust July and August trading gives it confidence ‘that the weakness seen in June has not carried forward’. ‘While near-term conditions may remain variable, our diversified model, enhanced product set, and improved commercial execution give us confidence in delivering long-term growth,’ accesso says.
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PCI-PAL PLC - London-based secure payment solutions provider - Pretax loss for the year ended June 30 comes to £172,000, narrowed from a £1.7 million loss the previous year. Revenue increased 25% on-year to £22.5 million from £18.0 million, and annual recurring revenue saw ‘a record uplift’ of 25% to £19.3 million from £15.5 million, while contracted ARR rose 16% to £22.2 million from £19.2 million. Adjusted Ebitda, which excludes ‘exchange movements charged to the profit and loss and expenses relating to share option charges’, more than doubled to £2.3 million from approximately £870,000. Cash & equivalents stood at £3.9 million at the year’s end, down from £4.3 million one year prior. PCI-PAL says trading so far in financial 2026 is in line with the board’s expectations, and that it ‘continues to experience robust demand’ and is well-positioned to accelerate organic growth and ‘capitalise on the growing adoption of Conversational AI solutions within contact centres’.
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