AIM movers: Cirata revenues slump and Filtronic space contract

Space and telecoms antenna products developer Filtronic (LON: FTC) has gained a $8m payload contract from a US-based space customer and the revenues will be recognised this year and in the first half of next year. This helps to diversify revenues so that they are not as dependent on SpaceX. The share price gained 9.3% to 235p.

Great Western Mining Corporation (LON: GWMO) says initial tests at the Defender tungsten project recovered 92.98% of tungsten was recovered from the pre-treated material and the grade of concentrate was 7.21% WO3. Further testing could increase the grade. The share price increased 6.76% to 3.95p.

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Fuel additives supplier Quadrise (LON: QED) says Valkor expects to the outstanding $950,000 owed by the end of October 2026. Valkor is expected to start drilling at Asphalt Ridge and a Quadrise Multifuel Manufacturing Unit will be shipped to Utah when the outstanding fee is received. The share price rose 2.62% to 1.02p.

Berenberg has raised its share price target for video games developer everplay (LON: EVPL) from 370p to 495p. The share price improved 4.99% to 378.5p.

FALLERS

Cirata (LON: CRTA) interim revenues fell from $4.8m to $1m, while overheads were lower at $6.3m. The data analysis technology supplier edged up annualised contract value to $5.3m, and the pipeline is growing thanks to changes in sales organisation. Cash was $2.6m at the end of June 2026, down from $6.1m one year earlier. The share price declined 31.3% to 8p.

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Automotive interior components supplier CT Automotive (LON: CTA) had warned of disappointing results ahead of the interim figures. Revenues grew 14% to $61.7m, but additional costs to offset supply chain disruption meant that underlying pre-tax profit declined 55% to $1.6m. Net debt was $12.2m at the end of June 2026. An important customer, which is in Chapter 11, has challenged a contractual agreement that raises prices to cover cost increases. This reduced revenues by $400,000. Current full year pre-tax guidance is $4.9m to $9.4m and net debt is expected to increase due to delays in recovering VAT and delayed payments. The share price slumped 28.8% to 23.5p.

Empyrean Energy (LON: EME) shares have returned from suspension following a £1m fundraising at 0.05p/share. This follows completion of the farm-down of a 75% non-operated participating interest in the Duyung PSC to PT Nations Natuna Barat (NNB). The cash will fund the company’s share of the costs for the drilling of the GOLD-1 exploration well in the fourth quarter. Empyrean Energy will contribute £477,000, which one-fifth of the expected cost. This will earn it a 10% interest in the GOLD Cluster in upper Austria. The share price slipped 20.7% to 0.06p.

Production facilities and vehicles provider Facilities by ADF (LON: ADF) reported revenues that fell from £17.4m to £16.6m, and the loss increased from £2m to £3.3m. Net debt rose to £14.5m. The sales structure has been changed to help cross-selling. There should be a second half weighting to the results, but the full year outcome will be below expectations. Additional cost savings are being made. The share price fell 14.1% to 11p.

Loyalty platform Ten Technologies (LON: TENG) expects full year revenues to increase from £65.7m to £69.7m. EBITDA was 10% higher at £16.1m – it would have been 20% ahead on a constant currency basis. Net cash was £11.1m at the end of August 2026. The share price dipped 7.77% to 95p.

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