A positive trading statement by IG Design (LON: IGR) has led to upgrades for the year just ended and the current year. Ongoing gift wrap and stationery business is better than expected, although consumer confidence remains weak. In the year to March 2026, revenues were $292m, while the pre-tax profit estimate has been increased from $9.5m to $11.5m. This year’s pre-tax profit forecast has been raised from $12.3m to $14.3m, helped by an earnings enhancing acquisition in South Africa. Net cash is $72m before the £3.4m spent on the acquisition. The share price rebounded 22.3% to 68.5p.
Image Scan (LON: IGE) increased interim revenues from £350,000 to £1.32m and it returned to profit. Cash improved to £955,000. The order book is worth £1.27m. This means that there is a positive outlook for the second half, but the outcome for the x-ray scanning technology developer is dependent on the timing of the orders. The share price increased 21.9% to 1.95p.
Iodine producer Iofina (LON: IOF) reported better than expected figures for 2025. Revenues increased from $54.5m to $66.5m. Earnings jumped from 1.52 cents/share to 3.26 cents/share. A large plant will start production later this year leading to a big rise in production in 2027. More plants are in the pipeline. X-ray demand for iodine is keeping the price high and Canaccord is anticipating it staying above $70/tonne. This year earnings could reach 3.9 cents/share, and the 2027 figure has been upgraded to 6.3 cents/share. The share price gained 15.4% to 37.5p.
Empyrean Energy (LON: EME) says the operator of the Mako gas project has issued letters of award totalling more than $280m, which is more than four-fifths of the capital costs. First gas should be in the fourth quarter of 2027. The share price rose 13.6% to 0.0625p.
FALLERS
Celsius Resources (LON: CLA) continues to make progress with the Maalinao-Caigutan-Biyog Copper-Gold project and the development of the mine and process plant, which is out for tender. Equinaire Holdings says it acquired the loan held by Makilala Mining Company in order to become involved in offtake arrangements. The share price dipped 13.2% to 0.46p.
Property technology company Built Cybernetics (LON: BUC) moved into profit in 2025-26 and smart buildings revenues exceed architecture revenues for the first time. However, the master systems integrator business has been hit by poor demand, and the group could fall back into loss this year. Built Cybernetics has raised £570,000 at 1.5p/share. The share price declined 10.5% to 1.7p.
Atlantic Lithium (LON: ALL) had cash of A$13.9m at the end of March 2026 and this is enough to take it to the final investment decision on the Ewoyaa lithium project. A possible alternative development pathway has been proposed for the project. There are discussions with joint venture partner Elevra Lithium about amending the structure of the joint venture. Elevra currently has to contribute the majority of upfront capex. Canaccord Genuity assumes that construction approval will be received by the end of the year. The share price fell 10.2% to 14.55p.
Chesterfield Special Cylinders (LON: CSC) says interim revenues should improve from £5.4m to £6.4m and the loss should reduce. However, some UK naval work has been delayed until 2026-27. UK hydrogen related demand will also be delayed until next year. That means that full year revenues will be flat and the loss will be similar to the year before. The share price slipped 9.62% to 47p.
Ex-dividends
AB Dynamics (LON: ABDP) is paying an interim dividend of 3.08p/share and the share price slipped 13p to 978p.
Churchill China (LON: CHH) is paying a final dividend of 14p/share and the share price declined 31p to 335p.
Nexteq (LON: NXQ) is paying a final dividend of 3.9p/share and the share price fell 1.5p to 67.5p.
Synectics (LON: SNX) is paying a final dividend of 2.8p/share and the share price decreased 2.5p to 202.5p.