Wine maker Chapel Down Group (LON: CDGP) increased interim revenues 19% to £9.43m and the loss was one-fifth lower at £551,000. Net debt increased to £14m. Momentum has continued into the third quarter. The harvest has been high quality, but the yield is lower than average. There should be an improvement in profit for the full year, and net debt should be lower than previously expected. The share price gained 5.43% to 48.5p.
Risk management software provider KRM22 (LON: KRM) announced a new contract for Risk Manager that should generate £900,000 over three years. Annualised recurring revenues have reached £8.4m, including £2.8m from Risk Manager. The share price improved 4.55% to 34.5p.
Tungsten miner Tungsten West (LON: TUN) has entered an eight-year supply and offtake agreement from the Hemerdon mine with Elmet Technologies. This covers 1,000 tonnes of tungsten each year, which is currently valued at £1.4bn. Elmet may also process additional tonnes for the UK government and industry. Elmet will use this offtake for its tungsten supply chain. Hemerdon production will start to be ramped up. The share price increased 6.18% to 47.25p.
Arkadian Strategic Metals (LON: AKN) says that the US defence agreement with Greenland is potentially good news for the 51%-owned Motzfeldt critical metals project, which is near to the proposed Narsarsuaq defence area. There are plans for investment in transport and logistics subject to commercial access. The share price rose 3.45% to 0.012p.
FALLERS
Orosur Mining (LON: OMI) is raising up to C$14m at the equivalent of 17p/unit – consisting of one share and one-half of a warrant exercisable at 24p each. There is potential to raise a further C2m. The cash will be spent on the Anzá exploration project in Colombia. The share price slipped 16.3% to 16.5p.
Ingenta (LON: ING) reported flat interim revenues of £5.1m, but recurring revenues edged up to £4.7m. Interim pre-tax profit fell from £1.2m to £688,000. Net cash was £4.6m at the end of June 2026. New contract wins are offsetting lower income from legacy contracts. Full year revenues are still expected to improve from £10.3m to £10.6m, but pre-tax profit is forecast to decline from £1.6m to £1.4m. The share price declined 12.8% to 71.5p.
Cosmetics supplier Warpaint London (LON: W7L) revealed interim revenues falling 18% to £40.5m. Gross margins improved, but pre-tax profit was still one-third lower at £4.9m. Even so, the interim dividend is 6% higher at 4.25p/share. Cash increased to £20.7m. Trading improved in the third quarter and full year pre-tax profit is still expected to recover from £15.9m to £20.1m. The share price fell 10.7% to 200p.
Beacon Energy (LON: BCE) says well testing equipment will soon be mobilised to two wells at the Colle Santo gas field. The outcome of the production test should be available at the end of October. The share price is 10.8% lower at 2.9p.