Organ transplant diagnostics developer Verici Dx (LON: VRCI) has received the local coverage determination for Tutivia reimbursement, so revenues on the tests can start to be recognised. There were 292 tests ordered in the first quarter of 2025 and price has been set at $2,650 each. The annual global market is 100,000 patients. Singer previously cut 2025 estimated revenues from $11.6m to $4.4m. A fundraising is expected by June. The share price rebounded 81.8% to 2.5p, making up for losses earlier in the week.
Video streaming services provider Aferian (LON: AFRN) reported a fall from an underlying profit to a loss on revenues falling from $47.8m to $26.3m in the year to November 2024. Second half revenues were 16% ahead of those in the first half. Annualised recurring revenues improved from $14.6m to $14.8m. Net debt is $12.7m. The share price improved 22.2% to 2.75p.
ADM Energy (LON: ADME) provided an update on its investment in Efficient Oilfield Solutions (EOS), which provides Software-as-a-Service to the oil and gas sector. ADM Energy has a 42.2% stake in the holding company of the software business. Options are being considered for EOS, which include full or partial sale of the business. Monthly revenues are $40,000. ADM Energy believes EOS could be worth more than six times annualised recurring revenues. The ADM Energy share price is one-fifth higher at 0.15p.
Andrada Mining (LON: ATM) says the latest drilling results at the Uis tin mine in Namibia are consistent with the defined mineral resources with additional zones of higher grades. This supports plans for a larger processing plant. Grade is consistent over wide thicknesses. The share price recovered 14.9% to 2.7p.
Dekel Agri-Vision (LON: DKL) has significantly increased cashew production in the first quarter of 2025. The 211 tonnes of cashews were 80% more than the production in the fourth quarter of 2024. Production is close to target levels and prices have improved. The cashews business could move into profit this year. Revenues from the palm oil operations were 45% ahead of the first quarter of 2024, helped by a 27% rise in crude palm oil prices. Dekel Agri-Vision is forecast to reduce its loss from €4m to €1.5m this year and there should be operating free cash flow of €1.9m. The share price increased 11.9% to 1.175p.
FALLERS
Coro Energy (LON: CORO) has conditionally sold its interest in the Duyung PSC as part of the move to clean energy investments. Conrad Asia is acquiring a 15% stake in the Duyung PSC, and the deal requires shareholder approval. Coro Energy will be released from any obligations for the Duyung PSC. Coro Energy owes Conrad Asia $777,00 and it will pay $300,000 in settlement. Following government approval for the sale, Coro Energy will receive 500,000 shares in Conrad Asia and within 45 days of commercial production it will be issued a further $750,000 worth of shares. The share price slipped 20.8% to 1.05p.
Mosman Oil and Gas (LON: MSMN) says that the operator of the Vecta helium project in Colorado, where Mosman has a 20% working interest, needs to resolve several matters before it can start drilling. The five well programme is set to start in mid-May. The share price fell 7.35% to 0.0315p.
Proteome Sciences (LON: PRM) reported a dip in 2024 revenues from £5.03m to £4.89m. Reagent sales rose, but proteomic service revenues nearly halved to £870,000. The loss increased from £2.44m to £3.41m. There was cash of £1.13m at the end of 2024. Orders increased in the second half of 2024. The share price declined 4.51% to 3.39p.
Ex-dividends
Begbies Traynor (LON: BEG) is paying an interim dividend of 1.4p/share and the share price slipped 1.7p to 92.9p.
Bioventix (LON: BVXP) is paying an interim dividend of 70p/share and the share price jumped 75p to 2550p.
Equals Group (LON: EQLS) is paying a dividend of 5p/share and the share price is unchanged at 139.5p.
Gattaca (LON: GATC) is paying an interim dividend of 1p/share and the share price increased 1p to 77.5p.
Johnson Service Group (LON: JSG) is paying a final dividend of 2.7p/share and the share price improved 1.5p to 129.1p.
Northamber (LON: NAR) is paying an interim dividend of 0.3p/share and the share price fell 0.5p to 26.5p.
Somero Enterprises Inc (LON: SOM) is paying a final dividend of 12.99 cents/share and the share price rose 3p to 235p.