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The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: ---------- Abingdon Health PLC - York, England-based life science firm providing rapid diagnostic tests - US subsidiary, Abingdon Health US Inc enters into a business development tax credit agreement with the Wisconsin Economic Development Corp. WEDC serves as the state’s agency for economic development, fostering job growth and business expansion. Under the agreement, Abingdon Health US has been certified as eligible to earn up to $370,000 in performance-based Wisconsin tax credits over a three-year period commencing January 1, 2026. The credits comprise up to $320,000 linked to the creation of new full-time roles and up to $50,000 linked to qualifying capital investment at the group’s facilities in Wisconsin over this period. The amount of credits the company will receive is contingent on the number of jobs created and amount of capital invested. The award supports the ongoing expansion of its facilities in Wisconsin, which serve as Abingdon Health’s North American base for development, manufacturing and commercial activities. ---------- Tekcapital PLC - London-based intellectual property investment group - Reports operating pretax loss of $17.1 million in 2025, swung from profit of $19.2 million the year prior, due primarily to unrealised depreciation of its portfolio. Most of the depreciation was driven by the reduction in the share price of Microsalt PLC, which has partially recovered post period end. Net asset value per share is $0.23 down from $0.33. ‘While our portfolio recorded an unrealised depreciation of $16.2 million over the past year, the underlying commercial story is one of accelerating momentum,’ it says. ‘We further expect substantial cash inflows over the next three years as our outstanding convertible loan notes are repaid, covering operating costs and giving us the flexibility to pursue the strongest opportunities ahead,’ Tekcapital adds. ---------- Europa Oil & Gas Holdings PLC - UK, West Africa and Ireland-focused oil and gas exploration, development and production company - Reports results for the 17 months to December 2025 versus 12 months to July 31, 2024 as changes financial year-end date. Pre-tax loss is £2.7 million versus £6.8 million, revenue £3.9 million compared to £3.6 million, gross profit flat at £300,000. Cash balance at December 31 is £300,000 versus £1.5 million at the end of July, 2024. ‘The 17-month period to 31 December 2025 has been the most significant in Europa’s recent history, and one that I believe sets the company on a genuinely transformational path. We have made meaningful progress across our portfolio, but it is the signing of the Farm-out Agreement with Fuhai Energy in Equatorial Guinea that stands out as the defining moment of the period,’ says Chief Executive William Holland. ‘We remain debt-free, our UK production continues to generate cash, and we now have a funded pathway to drilling a well that could genuinely change the scale of the business,’ he adds. ---------- Arrow Exploration Corp - Colombia-focused oil producer - Reports net income of $5.2 million in the first quarter of 2026, up from $2.7 million the year prior, with revenue net royalties of $23.5 million, higher than $19.5 million. Pretax income increases to $6.9 million from $6.0 million on-year with diluted earnings per share of $0.02 versus $0.01. Corporate production averages 4,715 barrels of oil equivalent per day versus 4,085 boe/d a year ago. Cash balance at the end of the quarter is $14.2 million and rises to $24 million by May 1. ‘This balance reflects a significant improvement in netbacks, due to higher crude oil prices and increases in the company’s production, even with continued capital expenditures,’ Arrow explains. Chief Executive Marshall Abbott says: ‘The first quarter of 2026 has been very busy for Arrow. We completed additional development wells in the Mateguafa Attic and planned for the drilling the Icaco-1 exploration well, which proved very successful post period end. We are excited by the Icaco discovery and believe it could become a major production platform with a material impact on the Company.’ Adds: ‘The focus for the remainder of 2026 will be to drill additional wells at the Icaco pad, drilling development wells on the Alberta Llanos and Carrizales Norte pads and numerous well recompletions to improve productivity in our currently most prolific fields.’ ---------- Jangada Mines PLC - natural resources development company - Provides an update from its ongoing exploration programme at its Molly gold project in Brazil, including ‘high-grade’ drill results. Says drill holes 3A and 3B intercept significant gold, silver and copper mineralisation. Results reinforce a structurally controlled, laterally continuous polymetallic corridor encompassing gold, silver, copper, zinc and lead at both advanced targets, it adds. ‘These results are genuinely exciting. The Molly Gold Project is rapidly evolving into one of the most compelling gold-polymetallic discoveries in Brazil, with high-grade intercepts across two advanced targets that both remain open along strike,’ says Chief Executive, Paulo Misk. ‘’We are moving swiftly to expand drilling at Molly 1’s East Pot sector and to advance the Molly 2 Vivi Corridor, where we believe the true scale of this system is yet to be revealed. We are also looking at the wider potential of the licence including the extensive Boomerang structure which has kilometres of artisanal alluvial workings and which we believe overlays a significant hard rock source structure or is from the surrounding elevated areas, also on the licence. Jangada Gold is at an inflection point, and I look forward to the next stages of the funded exploration plan,‘ Misk adds. ---------- Zenova Group PLC - Essex, England-based fire suppression and interdiction solutions company - Announces that it will not be in a position to publish its audited annual results for the year ended November by May 31, being the six-month deadline prescribed by AIM Rule 19. The delay is due to the time required to finalise the audit. Is working closely with the auditors, MMBA London Ltd, to complete the audit as soon as practicable. Shares are suspended from trading on AIM pending completion of the proposed reverse takeover announced last September. ---------- EPE Special Opportunities Ltd - invests between £2 million and £30 million in small and medium sized companies - Says that ESO Investments 2 Ltd, a holding vehicle in which it is the sole investor, sells 1.8 million shares in Luceco PLC, returning £4.8 million in cash to the company. ---------- Copyright 2026 Alliance News Ltd. All Rights Reserved.
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