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The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and Thursday and not separately reported by Alliance News: ---------- Microlise Group PLC - Nottingham, England-based provider of transport technology solutions to fleet operators - Issues trading update for the six months ended June. Says revenue rose 13% to £44.1 million, with annual recurring revenue up 8.7% to £58.7 million. Says 216 new customers added during the half year with strong customer retention continuing during the period with churn of 0.5%, unchanged year-on-year. Adjusted earnings before interest, tax, depreciation and amortisation grows 19% to £6.2 million from £5.2 million with the margin increasing to 14.1% from 13.4%. Remains positive and the group is confident in meeting full year market expectations for 2025. ---------- Aptamer Group PLC - developer of synthetic binders to the life science industry - Revenue rises 41% to £1.20 million in the year ended June from £0.85 million a year prior ‘demonstrating increased commercial traction.’ Signs two new licensing agreements in the half year and has significantly advanced its licensing pipeline, with multiple new agreements progressing from heads of agreement to active contracting. ‘After recent investor confidence with an oversubscribed successful fundraise, we are strongly positioned to advance our pipeline in licensing revenues and technical development, allowing us to generate enduring shareholder return and passive income in the medium and long term,’ company says. ---------- Sulnox Group PLC - London-based green fuel technology developer - Reports record financial first quarter revenue of £523,000 in the three months to June 30, more than doubled from £203,000 a year ago. Sulnox notes it achieves back-to-back record quarters, driven by repeat and expanding sales with existing marine clients and new clients. Sales have continued to grow strongly into the financial quarter, Sulnox says. ‘Whilst we have delivered our best volumes and revenues to date in the first quarter, equally as exciting are the further growth opportunities afforded by the formation of Sulnox Innovations and the establishment of the Global Advisory Board. This augmentation of our leadership team not only brings vast experience but also expands reach in key geographies including the USA and the Middle East, and brings industry expertise in several key growth areas including the logistics, defence and energy sectors,’ company says. ---------- Virgin Wines UK PLC - online wine retailer - Says pretax profit and earnings before interest, tax, depreciation and amortisation top market expectations for the financial year to the end of June. Revenue is flat at £59 million while pretax profit is down 16% to £1.6 million from £1.9 million. Ebitda is 18% lower at £2.3 million from £2.8 million. The company says the gross product margin is down to 35.6% from 37.6% after an ‘unprecedented rise in alcohol duty’. Chief Executive Officer Jay Wright says: ‘We have continued to drive increased levels of loyalty from customers on our key WineBank subscription scheme, whilst our marketing and operational costs have both reduced substantially year-on-year despite the inflationary environment. In a highly competitive sector, we have been delighted to see healthy market share gains with customers continuing to rate highly our exclusive portfolio of wines, and our outstanding levels of service.’ ---------- Cambridge Cognition Holdings PLC - brain health software - Says revenue is down 23% to £4.3 million in the first half of the year from £5.6 million. The adjusted Ebitda loss widens to £400,000 from £100,000, though new sales orders are up to £6.9 million from £3.3 million. The order book is up 12% at the end of the period to £16.4 million from £14.6 million a year ago. ‘We are continuing to build the order book from the low point in September 2024. Our refreshed and expanded commercial team is now delivering tangible results and our focus is growing the order book to drive future revenue and cash generation,’ says Managing Director Rob Baker. ---------- Inspecs Group PLC - Bath, England-based producer of eyewear solutions, including eyewear frames, low-vision aids, and lenses - Revenue falls 2.9% to £100.0 million in the six months to June 30 from a year ago impacted by the uncertainty surrounding US tariffs. At constant currency, revenue was £101.7 million, down 1.3%. Inspecs expects underlying Ebitda of £8.2 million, down from £10.1 million on a like-for-like basis. ‘We have a strong order book for H2 2025 and, once trade negotiations are settled, we expect our businesses affected by the tariffs to return to growth in the second half of the year,’ company says. As a result, expects full year revenue and underlying Ebitda to be in line with 2024 on a like-for-like basis. In 2024, reported revenue of £198.3 million and underlying Ebitda of £17.6 million. ---------- Chapel Down Group PLC - Kent, England-based maker of still and sparkling wine - Revenue grows 11% to £7.9 million in the six months to June 30 from £7.1 million, in line with management expectations. Off-trade sales increase 30%, on-trade sales rise 3% and international 17%. ‘Growing conditions in 2025 have been favourable to date, however final yields are unpredictable due to the impact that weather conditions can have up to and including the harvest period in September/October,’ company says. Remains confident in delivering strong sales growth and a return to full profitability for the full year. ‘The Off-trade, our largest channel, is particularly encouraging with strong underlying sales growth and the board expects H2 2025 to deliver significant growth in this channel in comparison to a softer H2 2024 due to the one-off destocking events by retailers in the prior year’, it adds. Therefore, ‘remains confident in achieving market expectations for 2025 FY.’ ---------- Metir PLC - York-based firm, formerly known as Microsaic Systems PLC - Says trading in six months to June 30 was significantly ahead of recent prior periods. Revenue balloons to £931,000 from £255,000 a year ago. Cash balance at the period-end was £586,000, a materially improved position as a result of the fundraise that closed in June. Strong revenue performance is driven by increased demand for MicroTox LX instruments, which in turn supported a growing volume of reagent sales. ‘The board is encouraged by the strong sales performance achieved in the first half of 2025 and remains firmly focused on scaling revenue, enhancing gross margins and progressing towards sustainable cash generation,’ Metir says. ---------- Hostelworld Group PLC - Dublin-based online travel agent focused on the hostel market - Pretax profit falls to €2.2 million in the six months to June 30 from €3.7 million a year prior although revenue edges up to €46.7 million from €46.4 million. Net bookings and average booking value improve through the first half of the year, returning to growth in late May and continuing positive momentum into June and July. Declares €0.82 per share dividend, against none a year ago. Results position ‘us strongly for sustained growth from 2026 and beyond, and for delivering on our Vision to be the world’s leading social travel platform,’ Hostelword says. ---------- Copyright 2025 Alliance News Ltd. All Rights Reserved.
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