reports
Hybridan Research 29/11/2024 - Northern Bear: Laying the groundwork
The Finals to June 2024 reported increased operating losses at £4.6m (FY23:£4.0m),mainly reflecting the continued higher level of R&D investment which successfully completed the Phase 1 clinical trial of SDC1801, its lead candidate, in the autoimmune disease programme. The next development stages could be less costly as no clinical trials are currently scheduled, we therefore anticipate a reduced operating loss for June 2025 with net cash of c. £1.9m. The focus remains on developing the next ge...
Hybridan Research 23/09/2024 - Northern Bear: Firm Foundations
The AGM Update stated trading is in line with expectations and the Interims to September 2024 are to be announced in November. The context is that after reporting strong Finals to March 2024, internal investment in new ventures was stepped-up, which will have an increasingly positive impact in 2026 and beyond. The March 2024 finals showed revenue marginally lower at £68.7m, but with an increase in Operating profit to £2.4m, compared to £2.1m and a 1p improvement in EPS to 9.5p. A 2p dividend wa...
Hybridan Small Cap Feast - 19 September 2024
19th September 2024 * A corporate client of Hybridan LLP ** Arranged by type of listing and date of announcement *** Alphabetically arranged **** Potential means Intention to Float (ITF) has been announced, or it is a rumour *New product launch* Tomorrow, we will bring you “Friday Takeaway”. This will delve a little deeper on individual companies and focus on non-house stocks under £200m market cap to help raise awareness Dish of the day Admissions: None Delistings: Bank of Cyprus Holdings (BOCH...
Hybridan Small Cap Feast - 18 July 2024
18th July 2024 * A corporate client of Hybridan LLP ** Arranged by type of listing and date of announcement *** Alphabetically arranged **** Potential means Intention to Float (ITF) has been announced, or it is a rumour Dish of the day Admissions: None Delistings: None What’s baking in the oven? ** Potential**** Initial Public Offerings: ITF announced: 8th July 2024: Rome Resources: The Canada-based early-stage resource exploration Company has announced its intention to IPO on AIM in order to co...
- Emily Liu
Hybridan Research 18/07/2024 - Northern Bear: Investing in new venture...
Northern Bear today announced its unaudited preliminary results for the year ended 31 March 2024 (FY24). Revenue was £68.7m (FY23: £69.7m), The gross margin increased to 23.1% (FY23: 20.0%) and as a result, reported operating profit was £2.4m, up 13% (FY23: £2.1m). Basic earnings per share were 9.5p (FY23: 8.5p) and net bank debt at 31 March 2024 was £2.2m (31 March 2023: net cash of £3.2m). During the period, the Company returned capital of £3.1m by way of tender offer for 5 million of its ordi...
Hybridan Small Cap Feast - 17 July 2024
17th July 2024 * A corporate client of Hybridan LLP ** Arranged by type of listing and date of announcement *** Alphabetically arranged **** Potential means Intention to Float (ITF) has been announced, or it is a rumour Dish of the day Admissions: None Delistings: FireAngel Safety Technology (FA.L) has left AIM. What’s baking in the oven? ** Potential**** Initial Public Offerings: ITF announced: 8th July 2024: Rome Resources: The Canada-based early-stage resource exploration Company has announce...
- VRS RESEARCH TEAM
Northern Bear: 1 director
A director at Northern Bear maiden bought 45,000 shares at 60p and the significance rating of the trade was 69/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearl...
- Emily Liu
Hybridan Research 08/05/24 - Northern Bear: Trading in line with marke...
Northern Bear today provided a trading update on the financial year ended 31 March 2024 (FY24) for the Company and its subsidiaries (the Group). Further to the interim results reported on 29 November 2023, the Group has continued to trade well over the six months ended 31 March 2024 (H2 FY24). There has been significantly higher rainfall than normal during H2 FY24, with rainfall in the North East at 153% of the long term average according to Environment Agency statistics, with a total of nine na...
Hybridan Small Cap Feast - 07 May 2024
7th May 2024 * A corporate client of Hybridan LLP ** Arranged by type of listing and date of announcement *** Alphabetically arranged **** Potential means Intention to Float (ITF) has been announced Dish of the day Admissions: Delistings: What’s baking in the oven? ** Potential**** Initial Public Offerings: Reverse Takeovers: Change of Market: Dual Listing: Our daily digest of news from UK Small Caps If you would like to unsubscribe, please email with “unsubscribe me”. Hybridan Chefs Banquet...
Hybridan Small Cap Feast - 22 Mar 24
22nd March 2024 @HybridanLLP Status of this Note and Disclaimer This document has been issued to you by Hybridan LLP for information purposes only and should not be construed in any circumstances as an offer to sell or solicitation of any offer to buy any security or other financial instrument, nor shall it, or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract relating to such action. This document has no regard for the specific investment object...
Hybridan Small Cap Feast - 18 Jan 24
18th January 2024 @HybridanLLP Status of this Note and Disclaimer This document has been issued to you by Hybridan LLP for information purposes only and should not be construed in any circumstances as an offer to sell or solicitation of any offer to buy any security or other financial instrument, nor shall it, or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract relating to such action. This document has no regard for the specific investment obje...
Hybridan Small Cap Feast - 05 Dec 23
5th December 2023 @HybridanLLP Status of this Note and Disclaimer This document has been issued to you by Hybridan LLP for information purposes only and should not be construed in any circumstances as an offer to sell or solicitation of any offer to buy any security or other financial instrument, nor shall it, or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract relating to such action. This document has no regard for the specific investment obje...
- Emily Liu
Hybridan Research: 29/11/2023: Northern Bear Plc: Trading in line with...
Northern Bear today announced its unaudited interim results for the six-month period ended 30 September 2023 (H1 FY24). Revenue was £36.9m, up 8.5% year-on-year (H1 FY23: £34.0m) and the gross margin increased to 22.2% (H1 FY23: 20.7%) through both greater economies of scale from higher revenues and continued careful contract selection and execution. The profit for the period was £1.3m (H1 FY23: £1.1m), translating into a diluted earnings per share of 6.7p (H1 FY22: 6.0p). The net cash was £0.4m...
Hybridan Small Cap Feast - 29/11/2023
29th November 2023 @HybridanLLP Status of this Note and Disclaimer This document has been issued to you by Hybridan LLP for information purposes only and should not be construed in any circumstances as an offer to sell or solicitation of any offer to buy any security or other financial instrument, nor shall it, or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract relating to such action. This document has no regard for the specific investment obj...
- Emily Liu
Hybridan Small Cap Feast 16-11-2023
Dish of the day Joiners: No joiners today. Leavers: No leavers today. What’s cooking in the IPO kitchen?** 9 November: Chapel Down Group ITF: England's leading and largest wine producer with an award-winning range of sparkling and still wines, under the Chapel Down brand. The Company owns, leases and sources from 1,023 acres of vineyards in South East England announces its Admission to AIM after its transfer from the Aquis Apex market. The Company will not be raising new capital or providing a s...
- Emily Liu
Hybridan Research: 30/10/2023: Northern Bear plc: Adjusted EBIT increa...
Northern Bear today provided an update on trading for the six-month period ended 30 September 2023 (H1 FY24). The Group expects to report operating profit, stated prior to amortisation and one-off costs (in the format used in its last full year results), in the range of £1.7m to £1.8m for H1 FY24, up by 13%-20% from £1.5m for H1 23. The order book remains strong and should support trading performance in the coming months. Following the trading update on 12 September 2023, Northern Bear reiterat...
Hybridan Small Cap Feast - 30 Oct 23
30th October 2023 @HybridanLLP Status of this Note and Disclaimer This document has been issued to you by Hybridan LLP for information purposes only and should not be construed in any circumstances as an offer to sell or solicitation of any offer to buy any security or other financial instrument, nor shall it, or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract relating to such action. This document has no regard for the specific investment obje...
- Emily Liu
Hybridan Research: 24/10/2023: Northern Bear Plc: Returning up to £3.1...
Northern Bear yesterday proposed a return of capital of up to £3.1m by way of Tender Offer for up to 5m ordinary shares at 62p per share, a premium of 26% to the volume weighted average price over the prior month. The Tender Offer will be funded with the existing cash resources and an increase of £1.0m to its existing debt facilities of £4.5m. The Company currently has no bank debt. Since 1 April 2023, the Company’s average month-end balance was £1.3m of net cash and the low point was £0.6m of n...
- Emily Liu
Hybridan Small Cap Feast 23-10-2023
Dish of the day Joiners: No joiners today. Leavers: Brandshield Systems Plc (BRSD.L) has left AIM. What’s cooking in the IPO kitchen?** Announced ITF 11 October: Cykel AI, the Company developing artificial intelligence AI software designed and trained to execute commands in response to natural language directives, specifically within the realm of computer interfaces, intends to join the Access Segment of the AQSE Growth Market. Admission on or around 25 October. Announced ITF 2 October: Adsure S...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.