Shares in Ethernety Networks (LON: ENET) reported 2025 results late on Tuesday, which meant that trading in the shares did not have to be suspended. Revenues fell from $1.38m to $1.05m, while the operating loss rose from $5.1m to $5.4m. The share price rebounded 23.1% to 0.0016p.
Cyber security services provider Shearwater Group (LON: SWG) has secured a five-year contract extension with a UK telecoms client worth £25m over the period. This is for packet monitoring, forensic analysis and assurance services. There will be £12.5m recognised in 2025-26. However, cash will not be collected until after the year end. Net cash is likely to be lower than expected at £5.6m at the end of June 2026. Pre-tax profit is still forecast to rise from £600,000 to £1.1m. The share price recovered 17.6% to 43.5p.
Gold recovery company Goldplat (LON: GDP) says high gold prices mean that 2025-26 results will be much better than expected. A pre-tax profit of £7.4m was previously forecast. The share price improved 6.35% to 16.75p.
Fund manager Polar Capital (LON: POLR) increased revenues from £222.1m to £264.3m, including near doubled performance fees of £31.7m. Pre-tax profit increased from £51.6m to £76.9m. The dividend is maintained at 46p/share. Assets under management were £30.6bn at the end of March 2026. The share price gained 4.04% to 927p.
FALLERS
Pacsco Ltd (LON: PACS) says the disposal of its Mozambique agricultural assets to Chepstow Investments has been delayed because the Bank of Mozambique has not yet accepted the notification of assignment of loans. This should be achieved by the end of September. The share price slipped 6.98% to 0.4p.
Titon (LON: TON) has acquired G-Pack Manufacturing for £1m. The business supplies injection moulded plastic components for windows and doors and revenues were £1.3m last year. Manufacturing will be moved in-house. The deal should be earnings enhancing in the first full financial year and will create cross selling opportunities. The share price declined 5.88% to 80p.
Goldstone Resources (LON: GRL) produced 2,912.2 troy ounces of gold in 2025. Revenues increased from $4.95m to $11.2m. The cash outflow from operating activities was $1.14m with a further $1m spent on capital investment. Net debt was $11.2m. The share price dipped 5.95% to 573.25p.
Sovereign Metals (LON: SVML) says 6.19 million unlisted performance rights held by directors relating to the final investment decision milestone for the Kasiya rutile graphite project have lapsed without exercise or conversion. The share price fell 4.92% to 29p.
Consumer products supplier Supreme (LON: SUP) increased full year revenues by 17% to £270.2m, while underlying pre-tax profit fell from £32.4m to £31m, partly due to higher depreciation. Recent acquisitions helped drinks and wellness to grow, but electricals and household was hampered by poor batteries and lighting markets, although there was a contribution from 1001, which was acquired last year. Spending on acquisitions and new manufacturing facilities was more than covered by cash generation. Vaping product sales grew despite disruption from the banning of disposable vapes. There is uncertainty caused by the new vape duty based on volume of liquids. This comes into force in October. The share price slid 4.81% to 148.5p.