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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: ---------- Metals One PLC - metals exploration and development company - Says its pretax loss widens to £1.5 million in the six months to the end of June from £773,505 a year ago. It reports nil revenue for the period, unchanged from a year ago. Administrative expenses jump 83% to £1.3 million from £700,064. Separately reports a range of executive changes. Craig Moulton moves from non-executive chair to executive chair, while Daniel Maling moves from chief financial officer to managing director. Jonathan Owen steps down as chief executive officer. Adam Monaco joins the company as CFO. He served as a finance consultant through Orana to Metals Once since its initial public offering in 2023. ‘I would like to thank Jonathan Owen for his leadership and commitment throughout his tenure as chief executive officer, which has included project managing a doubling of the company’s mineral resource and delivering a preliminary economic assessment at the Black Schist nickel project in Finland,’ says Executive Chair Craig Moulton. ‘2025 has already been a transformational year for Metals One. During the reporting period, we have advanced a strategic portfolio of critical and precious metals exploration projects, each supported by strong market fundamentals. This deliberate focus ensures Metals One is well positioned to deliver sustained value for shareholders.’ ---------- Novacyt SA - Paris-based biotechnology group focused on clinical diagnostics - Pretax loss for the six months to the end of June narrows to £7.0 million from £17.2 million a year ago. Revenue falls 1.8% to £9.8 million from £10.0 million, while cost of sales swings from a £16.5 million gain to a £3.3 million loss. The company says the underlying group revenue has grown by around 2%, excluding the impact of the Taiwan service laboratory divestment. Novacyt says it has now completed its cost savings programmes and says it remains confident that it has enough cash to see it through to earnings before interest, tax, depreciation and amortisation profitability. ‘We are pleased to deliver an improved H1 2025 compared to last year with the group well positioned to implement and accelerate its future growth plans. As the company has now completed its restructuring programmes, the group is now focused on expanding adoption of its leading product set globally and investing in product innovation, backed by a robust balance sheet to see the group through to Ebitda profitability,’ says CEO Lyn Rees. ---------- Airea PLC - West Yorkshire, England-based flooring company - Says its pretax loss for the six months to the end of June narrowed to £44,000 from £68,000 a year ago. Revenue climbs 5.8% to £9.8 million from £9.3 million. Airea says it is in advanced negotiations to sell its investment property, which has a carrying value of £4.1 million. The company adds that it has made an ‘encouraging’ start to the third quarter, with positive trading in July and August supported by a strong order book. It says its short-term priority is the ‘successful commissioning of its new state-of-the-art investment’. The firm will ‘maintain its focus on cash preservation’ and therefore does not declare an interim dividend, unchanged from a year ago. ‘The board is pleased to report that the major transformational investment in the group’s manufacturing facility is progressing well...The board remains confident in the group’s long-term prospects for profitable future growth and delivering long-term value for our shareholders,’ says Non-Executive Chair Martin Toogood. ---------- Aterian PLC - London-based mining company - The pretax loss widens to £698,000 in the six months to the end of June from £504,000 last year. The company reports £20,000 of revenue, compared to none a year ago. The loss widens as the firm reports other income of £1,000, down from £200,000 in the prior year. ‘Looking forward, Aterian is well-positioned to deliver growth from a diversified portfolio of exploration and trading operations, underpinned by the global demand for copper, lithium, and tantalum - metals critical to the energy transition, electrification, and technology supply chains,’ says Executive Chair Charles Bray. ---------- Tooru PLC - London-based investor - Reports a pretax loss of £1.1 million for the six months to the end of June, widened from a £573,000 loss a year ago. It records a revenue of £1.1 million, compared to none last year, with a net sales revenue of £1.0 million, up from nil. Tooru notes the completion of the acquisition of Juvela, Pulsin, Market Rocket and We Love Purely during the period to become an operating business in the wellness sector, while the company was relisted on the AIM market under its new name Tooru. The results only include one month of trading in its new form. ‘We are very excited about the future potential of our existing businesses given the recent progress that we have made and the scope that we see to develop them further. In addition, we are seeing a number of exciting opportunities that we can add to our existing portfolio in order to create additional value for our shareholders,’ says CEO Scott Livingston. ---------- Copyright 2025 Alliance News Ltd. All Rights Reserved.
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