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The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: ---------- Tialis Essential IT PLC - Edinburgh-based provider of IT support services - Reports a pretax loss of £1.7 million for 2025, narrowed from £3.3 million in 2024. Revenue however falls 15% to £17.7 million from £20.8 million, with this reflective of the impact of contracting insourcing by two customers, in parallel with a temporary softening in project activity and delayed customer orders, ‘in the context of a challenging market environment’. Tialis says it believes these conditions are cyclical, with the underlying demand for its services robust. Notes that trading in the current year is in line with management’s expectations, noting its expectation for the year that around 77% of revenue will be generated from existing contracts. ‘The key priority for 2026 is to further increase the focus and utilisation of our lifecycle facility which delivers greater efficiency for our end-user customers, improved levels of customer satisfaction and stronger margins. Initiatives are currently underway with our most significant partner to support an increase in activity in this area,’ says the company. ---------- Frontier Developments PLC - Cambridge, England-based video game developer and publisher - Lifts its profit and revenue outlook for the financial year ending May 31. The company guides full-year adjusted operating profit of around £16 million, ‘significantly ahead of prior guidance’. Says this upgrade reflects higher-than-expected tax credits combined with better-than-expected revenue performance alongside cost discipline. Also lifts revenue expectations for the full-year to approximately £103 million, higher than previous guidance. Ties this upgrade to the success of Jurassic World Evolution 3 as well as strong ongoing sales across the company’s other games. ‘I am delighted with Frontier’s performance in FY26. The success of Jurassic World Evolution 3 and the enduring appeal of our games underline the creativity of our teams and the depth of talent across the studio,’ says CEO Jo Cooke. ---------- Seeing Machines Ltd - Canberra-based designer of artificial intelligence powered operator monitoring systems - Secures a $3.8 million purchase order for its Guardian Backup-driver Monitoring System from an unnamed, ‘leading’ North American autonomous driving company. Says the order builds on an established relationship and reflects the expansion of the customers test fleet beyond the US. ‘This follow-on order from an existing customer reinforces the strength of our position as a trusted partner to leading autonomous driving programs,’ says CEO Paul McGlone, adding ‘Encouragingly, this order reflects increasing momentum in Aftermarket, with Q4 FY2026 Guardian revenue for the quarter-to-date now exceeding total revenue delivered in Q3 FY2026.’ ---------- Bradda Head Lithium Ltd - North American-focused lithium explorer and owner of the Basin project in Arizona - Inks memorandum of understanding with Tyfast Energy Corp to explore ‘a domestic US lithium supply pathway for Tyfast’s proprietary lithium vanadium oxide anode material’. Says the partnership aims to leverage Bradda Head’s US lithium assets in Arizona and Nevada, with Tyfast’s downstream battery material qualification process. Says this will advance a made-in-the-US supply chain for high-performance batteries targeting demanding defence and industrial applications. Notes the collaboration will evaluate ‘battery-grade lithium sourced entirely from US-based projects for integration into Tyfast’s LVO anode platform, supporting heavy-duty vehicle electrification across construction, mining, trucking, and defence.’ Executive Chair Ian Stalker comments: ‘’We have always believed that the proximity of our US projects to end-users is our greatest competitive advantage. This agreement further builds on our credentials and strategy of developing US lithium for the US market.‘ ---------- Safestay PLC - London-based hostel operator - Launches a strategic marketing partnership with India’s largest hostel network, Zostel. Says that under the agreement, 82 Zostel hostels will feature on Safestay.com and 24 Safestay hostels will be listed on Zostel.com. Explains that this will create a hostel alliance that spans over 8,000 beds across the UK, Europe and India. Notes that travel into Europe from India grew by 17% on-year in 2025. Adds that the partnership is underpinned by a jointly agreed framework of minimum service standard and shared values. ’By aligning with a leading hostel operator in India with aligned values, we will access new customer segments and strengthen our position in key long-haul travel markets. We believe it is a strong commercial fit between two complementary hostel networks with a shared focus on quality, value, safety and guest experience,‘ comments Safestay Chair Larry Lipman. ---------- Autins Group PLC - Rugby, Warwickshire-based maker of acoustic and thermal insulation solutions - Confirms it has repaid the remaining £750,000 balance of its existing loan facility with Maven Capital Partners, entered into back in 2020. Says it has now entered into a new £1.0 million, four-year term loan facility, also with Maven. Says the new facility coupled with the anticipated repayment of its final CBILS obligation in July 2026 gives it ’significant‘ additional working capital funding flexivility to support its forecast revenue growth over the coming years. ’This is an important step forward for Autins. The repayment of the previous loan facility, combined with the new funding in place, materially increases our balance sheet flexibility,‘ says CEO Andy Bloomer. ---------- Mendell Helium PLC - Perth, Scotland-based helium producer - Says M3 Helium Corp has inked two further leases for land in Fort Dodgem Kansas that it considers prospective for helium production. Notes the Durler and Leffert leases are situated near to its existing Bleumer and Enlow leases, and were obtained for a ’modest‘ cash consideration. Believes that each of the Durler and Leffert leases could potentially accommodate two production wells. ’. The Durler and Leffert leases are strategically located near M3 Helium’s existing land holdings which, in time, may enable M3 Helium to achieve some cost savings in its development plans by combining production facilities and access to disposal wells,‘ says CEO Nick Tulloch. ---------- Bango PLC - Cambridge, England-based digital payments firm - Appoints Darcy Antonellis as non-executive independent chair, effective at the conclusion of the companies annual general meeting. It expects to announce details of the AGM ’shortly‘. Says Antonellis will succeed Ray Anderson who will step down as executive chair at the AGM, but will remain on the board as a non-executive founder director. Notes Antonellis has been a non-executive independent director of Bango since late 2023. ’Having spent a career in large technology and media companies, I am excited about the role Bango plays in the developing subscription economy. By providing brand exposure and bundling economics to scaled consumer bases, distributors, subscription services and consumers all benefit,‘ says incoming Chair Darcy Antonellis. ---------- Mycelx Technologies Corp - Georgia, US-based clean water and air technology firm - Reports the award of its third offshore produced water treatment contract in the Gulf of Mexico with an unnamed, global integrated oil company. Explains that the contract is for the lease of its proprietary produced water treatment equipment for offshore operations. Notes it includes recurring monthly rental revenue with anticipated ’significant‘ recurring filtration media sales. Says the lease has commenced, and dependant upon the overall media use, says management anticipates the contract to contribute around $850,000 its 2026 revenue and around $1.5 million on an annual basis. Adds that this contract underpins the company’s current 2026 market expectations. ’We are very pleased to expand our relationship with this super major in the Gulf of Mexico. This award reflects the growing industry recognition of MYCELX’s differentiated produced water treatment technology and our proven offshore operating track record,‘ says CEO Connie Mixon, adding, ’The award also provides additional confidence in our FY2026 revenue outlook as we continue to execute on our commercial growth strategy.‘ ---------- Copyright 2026 Alliance News Ltd. All Rights Reserved.
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