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The following is a round-up of earnings for London-listed companies, issued on Tuesday and not separately reported by Alliance News: ---------- Eco Buildings Group PLC - London-based prefabricated modular housing products manufacturer - Pretax loss for the six months that ended June 30 narrows to €62,000 from €1.1 million the year before, as revenue multiplies to €1.8 million from €206,000. This includes revenue recognised from the sale of GFRG panelling. Administrative expenses increase 42% to €1.3 million from €914,000. The firm says it focused primarily on the operations of its factory in Durres during the first half. Eco Buildings records sales of €1.8 million during the six-month period, ‘driven by significant sales efforts and the hard work of our operations team to increase rates of panel production’, it says. ---------- Fulcrum Metals PLC - Canada-focused exploration firm - Pretax loss narrows to £375,019 during the six months to June 30 from £514,654 a year earlier, as administrative expenses reduce by 29% to £331,565 from £469,730. The company continues to report no revenue. ‘The first half of 2025 has been a period of considerable progress and setting the foundation for a pivotal second half of 2025 going into 2026 for Fulcrum as we advance our tailings strategy and unlock value from our projects,’ says Chief Executive Officer Ryan Mee. ‘Securing an exclusivity agreement with Extrakt during the period was a significant and transformational milestone that gives us access to their innovative, non-cyanide processing technology across our tailings projects in Kirkland Lake. This agreement provides a unique platform to progress our tailings projects towards production, with early test work at Teck-Hughes delivering strong recovery rates and clear potential for further optimisation.’ Mee continues: ‘With a strong start to the second half of 2025 meeting crucial milestones, and growing industry and investor interest in our pioneering approach, Fulcrum is positioned at the forefront of sustainable tailings reprocessing in Canada and has a clear pathway towards long-term value creation for our shareholders.’ ---------- Engage XR Holdings PLC - Waterford, Ireland-based virtual reality technology company - Pretax loss for the six months to June 30 narrows to €1.6 million from €1.8 million in the prior year, as administrative expenses are down 28% to €2.8 million from €3.9 million. Revenue declines 45% to €1.2 million from €2.2 million, and cost of sales reduces by 55% to €111,988 from €251,643. ‘The first half of 2025 has been a challenging transition period as we shift our focus toward education-related revenues. This has been influenced by a broader market slowdown in enterprise spending on immersive technology and a significant decline in demand from the tech sector, where we previously supported large-scale onboarding initiatives,’ says CEO David Whelan. ‘That said, I am confident that our renewed focus on the education sector, the very foundation on which this company was built positions us far more strongly for long term growth and stability.’ Looking ahead, Engage XR says it continues to focus on replacing one-off enterprise revenue with education license revenue. The company expects this continued shift to further improve its net revenue retention, which is 98% in Education in the year to date, compared to 50% in Enterprise in the year to date. Monthly run-rate of costs for the group is now around €300,000, with net monthly burn of around €150,000. ---------- Symphony Environmental Technologies PLC - Hertfordshire, England-based biodegradable plastic technology developer - Pretax loss for the six months that ended June 30 is trimmed to £503,000 from £542,000 the year before, despite revenue declining 15% to £2.9 million from £3.4 million. Administrative expenses are 5.3% lower at £1.8 million from £1.9 million, while cost of sales decreases 26% to £1.4 million from £1.9 million. ‘Our d2p range continues to advance as we work through rigorous testing, trials, and regulatory requirements in collaboration with our global partners. While the time required for these processes has been considerable, we remain confident that the opportunities are substantial. Once key trials and legislative milestones are achieved, we anticipate a significant commercial impact,’ says CEO Michael Laurier. ‘Importantly, the financial results in this review do not reflect the potential upside from short-term legislative changes and pending regulatory approvals, which may further enhance our performance. We remain confident in the strength of our products, the resilience of our markets, and the strategic direction of the business.’ ---------- MicroSalt PLC - London-based provider of low-sodium salt products - Pretax loss is trimmed to $1.7 million in the six months to June 30, from $2.5 million a year earlier, reflecting ‘the developing economies of scale in both the company’s production and sales efforts’. Revenue multiples to $836,000 from $220,000, driven by continued expansion of bulk sales, while administrative expenses reduce by 11% to $1.6 million from $1.8 million. The firm recorded a one-off $641,000 cost in the first half of 2024 related to its initial public offering. ‘H1 has been a very busy and exciting time for MicroSalt, marked by its successful fundraise and clear evidence of growth with some of the world’s largest FMCG companies,’ says CEO Rick Guiney, adding: ‘Our strategic focus on bulk ingredient sales has proven successful, delivering economies of scale across operations and positioning us for sustained improvements in financial performance. With accelerating top-line momentum, we are confident in delivering impactful results that underpin both the strength of our business model and the growing demand for healthier, low-sodium alternatives globally.’ ---------- Metir PLC - York-based company focused on water testing services - Pretax loss for the six months to June 30 narrows to £304,000 from £615,000 a year prior, as revenue grows to £919,000 from £111,000. Adjusted loss before interest, tax, depreciation and amortisation is trimmed to £261,000 from £556,000. Executive Chair Bob Moore says: ‘The first half of 2025 has been a pivotal period for Metir, marking the group’s return to growth following the acquisition of the Modern Water business and the comprehensive strategic reset undertaken in 2024...Looking ahead, the group is encouraged by strong sales momentum with a clear plan to accelerate growth in 2026. With the recent launch of the SRB kits and FX instruments, the second half of 2025 is also expected to meet management’s sales expectations. With environmental regulation tightening globally, increasing water scarcity, quality issues and climate pressures driving demand for real-time and mobile testing, Metir’s fast response field-ready technology is well placed to provide proven solutions to industries, utilities and regulators worldwide.’ ---------- Copyright 2025 Alliance News Ltd. All Rights Reserved.
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