|
The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: ---------- LifeSafe Holdings PLC - Essex, England-based fire safety technology developer - Reports revenue of approximately £900,000 for the first half of 2025, down on-year from £1.6 million. Says this ‘reflects a full period of the evolution of the company’s sales model from a pure B2C to a B2B2C model with consequent revised wholesale prices’. Loss before interest, tax, depreciation and amortisation amounts to around £700,000, up from approximately £400,000. Company has started to see revenue and orders from ‘almost all of the B2B partnership arrangements announced in HY25’. Adds that ‘the hard work has been done in securing engaged distribution partners with proven track records and channels to, in due course, supply end customers...[and] take the group to profitability’. ---------- capAI PLC - Surrey, England-based company focused on artificial intelligence systems for media and medicine - Executes definitive license & option agreement with R42 Group LLC for its generative artificial intelligence publishing platform Author42, following the receipt of regulatory clearance. Follows non-binding heads of terms announced on July 7. capAI says the LOA marks the formal launch of its ‘dedicated AI-led publishing division’ capMedia and gives it ‘immediate control of Author42, with a commercially disciplined path to full [IP] ownership’. ---------- Blackbird PLC - London-based video editing software for media and entertainment industry - Announces the release of its first digital asset management functionality within its browser-based collaborative video editor, elevate.io. Notes that elevate.io launched a text-to-speech AI tool earlier in July, and users can access ‘an enhanced suite of looks and effects’. Executive Chair Ian McDonough says: ‘We are on track with more to come, watch this space.’ ---------- Venture Life Group PLC - Berkshire, England-based developer and manufacturer for the self-care market - Reports that its ongoing business delivered revenue of £15.3 million for the first half of 2025, an increase of approximately 38% from £11.1 million the year before. Revenue has increased around 11% on a proforma basis. Says its newly acquired Health & Her/Him brands have contributed strongly to growth and generated £3.4 million in revenue. Also announces completion of the sale of certain operations and non-core products, as announced on May 12, to BioDue Spa. Expects its full-year results to be in line with market expectations, noting its ‘trading performance to date, coupled with order book visibility and uplifts expected from new listings’. Says it intends to change its year-end accounting date to May 31 and accordingly plans to extend the current reporting period to conclude on May 31, 2026. Says ‘a further announcement will follow in due course’. Finally, Health & Her Co-Founder Kate Bache will join Venture Life’s board on November 1 as chief marketing & innovation officer. ---------- Copyright 2025 Alliance News Ltd. All Rights Reserved.
|
