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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: ---------- Caledonian Holdings PLC - investment company focused on financial services - Reports pretax loss of £4.4 million for the year ended March 31, widening from £777,000 a year earlier. Says the loss is mainly due to a £4.0 million negative fair value movement on investments, particularly Conduit Pharmaceuticals, WeShop and Aeristech. Net assets fall to £2.9 million from £6.2 million, while cash increases to £787,000 from £54,000. Company raised around £2 million in two post-year-end fundraises to support its new strategy, including a £1.0 million investment into AlbaCo, a prospective new bank targeting UK SMEs. Chair Brent Fitzpatrick says setbacks in the legacy portfolio ‘underline the importance of the decisive shift in strategy now underway.’ ---------- Strategic Minerals PLC - mineral producer in the UK, US and Australia - Reports pretax profit of $568,000 for the six months to June 30, down from $950,000 a year before. Revenue slips to $2.0 million from $2.1 million, with operations at Cobre in New Mexico briefly shut down for 10 days due to wildfires. Post-tax profit drops to $151,000 from $667,000, reflecting board restructuring costs, US tax settlements and higher exploration spending. Basic and diluted earnings per share from continuing operations is 0.9 US cents, down from 3.3 cents. Cash at June 30 rises to $1.5 million from $621,000 at December 31. Company raises £1.0 million in April placing to advance Redmoor tungsten-tin-copper project in Cornwall. Also receives £764,000 in UK government grant funding. Executive Chair Charles Manners says: ‘We have in Redmoor the opportunity to develop a leading source of critical and strategic minerals to provide resilience to western world supply chains. Now that the Cobre magnetite operation is performing strongly, we are focused on accelerating the development of Redmoor to unlock its true value.’ ---------- Vox Valor Capital Ltd - London-based technology investment company - Reports revenue of $15.7 million for 17 months to May 31, compared with $5.6 million for 2023. Pretax loss widens to $1.8 million from $569,585. Operating loss is $1.3 million versus $90,000. Total comprehensive loss of $953,000 compared with profit of $469,000. Basic and diluted loss per share is 7 US cents versus 1 cent. Chair Konstantin Khomyakov says the group remains focused on growing organically and through acquisitions. Notes expansion of mobile marketing services in the UK, US, Europe and Asia, while evaluating opportunities in digital content, Web3 and blockchain. ---------- EMV Capital PLC - life sciences focused investor - Reports revenue in six months to June 30 at £1.1 million, slightly down from £1.1 million a year earlier. Pretax loss narrows to £1.5 million from £1.8 million. Loss attributable to owners of parent is £1.1 million, compared with £1.7 million. Basic and diluted loss per share is 4.1 pence versus 7.1p. Assets under management total £104.7 million at June 30, down from £106.7 million a year earlier but up from £98.5 million at December 31, 2024. Total assets rise to £19.7 million from £19.5 million, while net assets ease to £13.6 million from £14.1 million. Cash at period-end is £500,000 million, down from £1.0 million. Chief Executive Officer Ilian Iliev says: ‘Despite continued challenging market conditions, our AuM remains above £100 million as we protected and strengthened our positions in key portfolio companies. We supported our portfolio through £5 million in syndicated fundraisings, with proactive management and hands-on value creation services.’ ---------- Fair Oaks Income Ltd - Guernsey-based investor which specialises in collateralised loan obligations - NAV total return for 2021 shares is 1.2% in the half-year, compared with 5.8% a year earlier. NAV total return for realisation shares is 0.2%, compared with 6.8%. Declares dividend of 4.0 US cents per 2021 and realisation share, unchanged from a year prior. Profit for the six months ended June 30 falls to $2.4 million from $14.0 million. Earnings per 2021 share 0.63 cents, versus 3.17 cents. Earnings per realisation share 0.11 cents, versus 3.80 cents. ---------- Goldstone Resources Ltd - Ghana-focused gold explorer - Pretax loss widens to £3.8 million for the six months ended June 30, from £2.4 million a year earlier. Revenue rises to $6.7 million from $2.6 million, with gross profit up more than threefold to $3.9 million. Says production reaches 2,917 ounces of gold to the end of August, supported by infrastructure upgrades and recommencement of mining at Pit 1. Chief Executive Emma Priestley says: ‘Looking ahead, we remain confident in the fundamentals of our assets and our ability to execute our growth plans.’ ---------- Hydrogen Utopia International PLC - London-based company focused on the conversion of non-recyclable mixed waste into clean hydrogen, new materials and renewable heat - Pretax loss of £201,361 for six months to June 30, narrowing from £418,367 a year before, as administrative expenses more than halve to £186,000 from £496,000. Basic and diluted loss per share improves to 0.05 pence from 0.11p. Cash at June 30 stands at £373,000, up from £239,000 a year earlier. Chief Executive Aleksandra Binkowska says the company is ‘no longer knocking on closed doors’ in Europe, but instead ‘walking through open ones’ in the Middle East, where demand for waste-to-hydrogen is accelerating. ---------- Copyright 2025 Alliance News Ltd. All Rights Reserved.
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