AIM movers: Autins expects to return to profit and AccysTehnologies starts Accoya production in US

Autins Group (LON: AUTG) rebounded 14.3% to 8p, despite the acoustic insulation developer expressing concerns about tariffs. In the 18 months to March 2025, revenues were £31.1m and the loss was £1.7m. There was a small profit in the final quarter following cost savings. Net debt was £1.1m at the end of March 2025. This year, Autins expects to report its first profit since 2017.

Musical instruments retailer Gear4Music (LON: G4M) announced it has made a strong start to the new year when it reported it figures for the year to March 2025. The company is benefiting from market consolidation. Full year revenues edged up from £144.4m to £146.7m, while pre-tax profit recovered from £1.1m to £1.6m. The share price increased 9.19% to 202p.

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Accoya wood supplier Accsys Technologies (LON: AXS) reported flat revenues of €136.6m for the year to March 2025, but tight control of overheads meant that it moved from loss to an underlying profit. However, the start-up loss from the 60%-owned US manufacturing joint venture increased from €4.1m to €11.9m, so the pre-exceptional loss moved up from €7.67m to €9.88m. US manufacturing commenced in the second half and revenues were €10.8m, although they are not consolidated. There is plenty of spare capacity to grow into and the US could move towards profitability by next March. The share price improved 7.76% to 62.5p.

Digital marketing services provider Silver Bullet Data Services (LON: SBDS) is raising up to £3.2m from an issue of convertibles, loan notes and shares, including a retail offer of up to £60,000 at 30p/share. Some of the cash will be used to repay previous convertible loan notes and for working capital. Other existing convertibles will be converted into the latest convertibles, which have a three -year term. Revenues in the period to May 2025 are 13% higher at £4.03m. The share price rose 7.02% to 30.5p.

On Monday afternoon, Sundae Bar (LON: SBAR) announced a retail offer of up to £500,000 at 11p/share. This will provide a cash buffer and will be used in the new Bitcoin treasury reserve policy. The share price moved up 6.52% to 12.25p.

FALLERS

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Investment company Blue Star Capital (LON: BLU) reported an interim loss of £108,000 and since the end of March has raised £250,000 ahead of an expected fund raise by investee company SatoshiPay. New opportunities are being assessed, including a Bitcoin treasury reserve. The share price declined 20.8% to 19p.

Quantum Blockchain Technologies (LON: QBT) continues to make progress with the commercialisation of its technology to improve the efficiency of Bitcoin mining. In 2024, it made a loss of €3m. Net debt was €6.9m at the end of 2024. The share price has lost some of last week’s gain and is %13.9 lower at 0.775p.  

Insig AI (LON: INSG) entered into an equity funding facility with its chief executive Richard Bernstein and he has subscribed £100,000 at 20p/share, taking his stake to 20.4%. There is a further £250,000 available at 20p/share. The share price fell 5.26% to 27p.

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