Governance, risk and compliance software developer Acuity RM (LON: ACRM) says 2025 revenues were maintained at £2.1m, while costs were much lower. The company was still loss making in the year, but it was profitable in the fourth quarter. Contracted revenues are £1.9m. The share price jumped 28.6% to 0.9p.
Plant-based polymers supplier Itaconix (LON: ITX) beat expectations for 2025 revenues ending the year with $10.3m, up from $6.5m in 2024. Growth was from existing and new customers. The cash outflow is also reducing. There will be an update on trading when the full figures are published in March. The share price increased 11.6% to 120p.
Eagle Eye (LON: EYE) has won a major US contract for its AIR loyalty platform and its AI services. The US retailer Wakefern Food Corp, which has more than 380 supermarkets, is the fourth major US client since last June. The contract business should be up and running by mid-2026. The share price rose 10.7% to 310p
Iodine producer Iofina (LON: IOF) reports second half iodine production 23% ahead at 438 tons, taking the total for the year to 743 tons. Net cash was better than expected at $5.2m. Canaccord Genuity raised its 2025 revenues forecast from $62.8m to $65.2m and earnings edged up from 2.6 cents/share to 2.8 cents/share, while the 2026 figure has been increased from 3.5 cents/share to 3.7 cents/share. The share price improved 6.73% to 27.75p.
FALLERS
Shuka Minerals (LON: SKA) has received the £815,000 payment from Gathoni Muchai Investments, but it has received a payment instruction transfer for value. A placing has raised a further £1m at 4p/share. This will fund the completion of the acquisition of Leopard Exploration and Mining and the Kabwe zinc mine. The share price declined 22.7% to 4.25p.
Marketing services provider The Mission Group (LON: TMG) says trading was resilient since the interims despite difficult trading conditions. However, some projects have been delayed. Net debt is £9m. Canaccord Genuity has reduced its forecast 2025 revenues from £73m to £68m and pre-tax profit cut from £6.5m to £2.9m. The 2026 pre-tax profit forecast is reduced from £8.1m to £6.9m. Jon Kempster and Emma Wright have joined the board as non-executive directors, while Mark Lund has stepped down. The share price slipped 16.2% to 15.5p.
Retailer Shoe Zone (LON: SHOE) reported 2024-25 results in line with the October trading statement, but Zeus has reduced its expectations for this year. Full year revenues fell 8% to £149.1m due to store closures and reduced footfall. Online sales did increase. Higher wage costs meant that pre-tax profit dropped from £10m to £2.4m. This year’s pre-tax profit forecast has been cut from £4.5m to £1m on a further fall in revenues for £145.8m. The share price fell 14.8% to 57.5p.
Online fashion retailer Sosandar (LON: SOS) increased third quarter revenues 10% higher at £13.4m and gross margin improved. Sales from the company’s own site were 27% ahead, but the Marks & Spencer business is still being affected by the cyber incident. Net cash is £9.7m. Trading is in line with expectations of a full year pre-tax profit of £400,000. The share price decreased 9.37% to 7,25p.
Lexington Gold (LON: LEX) has raised £1.19m at 4p/share and converted £350,000 of loan notes at the same price. This will fund the Jelani joint venture and undertake drilling programmes in South Africa, as well as continuing work on options for projects in the US. Lexington Gold has received updated JORC mineral resource estimates for Jones Keystone and Loflin deposits on the Jones Keystone-Loflin project in the US. After a reduction in the cut off grades, there is a 53% increase in contained gold at the project. The total inferred resource is 12.9Mt @0.78g/t for 323,500 ounces of contained gold. Additional targets have been identified. The share price dipped 5.68% to 4.15p.