Malaysia-based mobile payments company MobilityOne (LON: MBO) says that Technology & Telecommunication Acquisition Corporation has had its prospectus approved by the SEC in the US. This brings nearer the completion of the proposed joint venture with the company. The share price jumped 45.8% to 8.75p.
Membrane-free electrolyser developer Clean Power Hydrogen (LON: CPH2) has entered a non‑binding Memorandum of Understanding with Siemens. This could help to further develop and optimise the company’s technology and provide backing for commercialisation. The share price improved 9.09% to 6p.
Employee benefits and insurance provider Personal Group Holdings (LON: PGH) increased the dividend by 41% to 23.3p/share on the back of a 23% rise in pre-tax profit to £8.4m. Revenues were 11% higher at £48.4m and annualised recurring revenues are £48.6m. Cash was £29m at the end of 2025. Canaccord Genuity forecasts 2026 pre-tax profit of £10.2m, but earnings will grow more slowly because of a higher tax charge. The share price increased 9.93% to 332p.
Recruitment firm Staffline (LON: STAF) reported 2025 figures slightly better than guidance. Pre-tax profit improved from £5.2m to £7.4m. Net cash was £1.5m at the end of 2025 and a share buyback has been launched, which will help earnings. A further improvement in pre-tax profit to £9.2m is forecast for this year. The share price rose 7.6% to 43.9p.
Sustainable detergent additives supplier Itaconix (LON: ITX) is making good progress towards breaking even. Revenues jumped from $6.5m to $10.5m in 2025 and there is capacity for this to increase to more than $25m. The loss was reduced from $1.8m to $1.1m with a $1.2m cash outflow from operated activities. European revenues doubled and new business in North America will flow through into revenues in 2026 and particularly 2027. There is more than $4m in cash in the bank, which is more than enough to get to cash flow positive. Cash generation could build up rapidly from 2027 onwards. The share price is 3.14% higher at 115p, having been 119p earlier in the morning.
FALLERS
Shares in spirits brands owner Distil (LON: DIS) have halved to 0.045p following a trading statement outlining poor fourth quarter trading. Full year revenues will be well below expectations. Stock levels in the trade were higher than expected. Sales by the UK distributor are 51% ahead in the first two months of this year, but consumer spending remains depressed. Marketing spending has been agreed with retailers. The US launch of Blavod black vodka has been delayed due it still awaiting tax approval from the authorities.
The Mission Group (LON: TMG) revenues fell by one-fifth to £68.8m, although continuing operations revenues were only 8% lower. Pre-tax profit on continuing operations slid 39% to £3m. The marketing services provider has net debt of £9m. Annualised cost savings will benefit this year. The share price slipped 22.2% to 14p.
Video games developer everplay (LON: EVPL) grew pre-tax profit 12% to £48.5m on flat revenues after the exit from low margin business. The total dividend has increased from 2.7p/share to 2.9p/share. Cash was £51.9m at the end of 2025. The company has made a good start to 2026, but there will be a greater second half weighting to profit. The share price fell 10.4% to 232p.
Market research services provider YouGov (LON: YOU) reported profit that was lower than anticipated because of investment in the Shopper division. Pre-tax profit fell 30% to £16.8m on a 2% rise in revenues. Full year operating profit guidance is £52m-£56m – £24m was made in the first half. The share price is 12.5% lower at 152.3p.
Hercules (LON: HERC) says that its results for the year to September will not be ready and trading in the shares will be suspended on 1 April. The share price is down a further 9.46% to 33.5p.