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The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: ---------- Time Out Group PLC - London-based global media and hospitality business - Expects to report decline in revenue and profit for year ended June 30. Time Out says revenue amounts to £75 million, down around 4% from £78 million in financial 2024. Adjusted earnings before interest, tax, depreciation, and amortisation between £7 million and £9 million are expected, falling from £12.4 million the year prior. Time Out had previously guided for an adjusted Ebitda between £11 million and £13 million, though that outlook had been withdrawn. Time Out warns that trading in the final quarter of the financial was below expectations. Media revenue was lower than forecast, it says. ‘Extreme heat impacted June US market revenues, the markets have since returned to growth,’ it adds. Results from a strategy review in its Media unit are expected to be released alongside annual results this autumn. In addition, it reports it has entered into loan note instrument to raise £6.0 million with existing shareholder Oakley Capital Ltd. The loan facility matures at the end of next year and carries an interest rate margin of 8%. ---------- First Tin PLC - tin mine developer with projects in Germany and Australia - Reports ‘encouraging’ tin assay results from drilling programme at Taronga asset in Australia. ‘Drilling has confirmed this interpretation and has shown that mineralisation is present within the South Pit in areas that were previously classified as waste rock,’ First Tin says. ‘Drilling is continuing and results will be reported regularly as work progresses.’ ---------- Light Science Technologies Holdings PLC - Derbyshire, England-based provider of lighting, science and plant monitoring solutions - Signs two deals in its Passive Fire Protection division. The deals are worth £450,000 in total and relate to two projects, one in Manchester and another in Birmingham. ‘The contracts, which will be completed in H2 2025, further demonstrate the scale of the legislation-backed opportunity - with the company providing a cost-effective and minimally disruptive solution. This requirement is immediate, substantive and growing, and government has been particularly vocal about its commitment to clearing the remediation backlog. The company continues to benefit from growing demand from both existing and new customers,’ Light Science adds. ---------- GENinCode PLC - Oxford, England-based genetics testing company focused on cardiovascular disease and ovarian cancer - Reports revenue in six months to June 30 increased 15% on-year to £1.6 million, ‘driven by growth across the UK, EU and US business’. ‘FDA De Novo discussions continue to progress with work ongoing to close out the short list of remaining deficiencies. Collaboration discussions on potential US and EU test distribution are also advancing with a major distributor,’ it adds. ---------- SulNOx Group PLC - London-based green fuel technology developer - Gets ‘strategically valuable patent for Mexico’. Patent covers ‘range of product formulations which enhance all diesel, petrol/gasoline, biofuels, and marine fuels’. ‘The Mexican patent is a significant building block in our strategy for the Americas, where we are expanding partnerships for market penetration and targeting substantial revenue opportunities. Mexico faces a considerable challenge that Sulnox can help to address immediately: reducing fuel costs, cutting emissions and reaching tough sustainability goals,’ CEO Ben Richardson says. ---------- Copyright 2025 Alliance News Ltd. All Rights Reserved.
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