Payments technology provider Bango (LON: BGO) grew interim revenues 3% to $25.9m, while annualised recurring revenues were 31% higher at $20.4m. That is because growth is coming from subscription income. Net revenues retention was 119% in the first half. Adjusted EBITDA rose from $6.7m to $9m. Restructuring is improving payments margins. Net debt was $8.7m at the end of June 2026. The share price recovered 13% to 69.5p.
Plastic products manufacturer Coral Products (LON: CRU) chief executive Ian Hillman and finance director Paul Rice have stepped down from the board, although they are still employed by the company. David Low becomes interim executive chairman. Profitability has been below budget even though sales are as expected. The share price rebounded 3.17% to 3.25p.
Oncology and cardiovascular disease treatments developer Thalia Therapeutics (LON: THAT) has completed initial chemistry synthesis of the siRNA gene-silencing medicines for its cardiovascular programme, THAT-002. This targets PCSK9 and lipoprotein(a), two factors of cardiovascular disease risk. The share price improved 4.35% to 0.6p.
Toys and leisure products distributor Tandem (LON: TND) increased interim revenues by 7% to £11.9m. There was a swing from a loss of £378,000 to a pre-tax profit of £70,000. Net debt was £2.8m. Trading has got better in the second half and sales growth accelerated to 9%. The share price rose 4.17% to 187.5p.
FALLERS
Hostels operator Safestay (LON: SSTY) says continuing interim revenues declined 11% to £8.4m as occupancy declined. This meant that Safestay fell into loss – although the corresponding period would have been loss making without a Covid insurance payment. Property sales have reduced net debt by one-third to £16.2m. NAV is 20p/share. The share price slumped 32% to 8.5p.
Great Western Mining Corporation (LON: GWMO) had cash of €2.77m at the end of June 2026 after a €1.14m cash outflow from operations and investment in the first half of 2026. A maiden mineral resource estimate for the Defender tungsten prospect should be ready in the next few months. The share price dipped 9.29% to 3.175p.
Gemfields (LON: GEM) was hit by lower than expected ruby recoveries, although group auction revenues were higher in the first half at $102.8m because of the December auction moving to February. Net loss after tax in the first half will be $73.5m after a $125.2m impairment charge on the ruby operation. The share price declined 7.14% to 3.25p.
Packaging manufacturer Robinson (LON: RBN) says underlying operating profit will be in line with expectations in 2026. However, a significant contract expires at the end of 2026 and is not being renewed. This contributed £1m to annual gross profit. This means that 2027 profit is likely to be similar to 2026. The share price fell 5.88% to 120p.