The following stocks are the leading risers and fallers on AIM in London on Monday.
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AIM - WINNERS
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Comptoir Group PLC, up 86% at 10.00 pence, 12-month range 4.50p-10.49p. The restaurant operator, which provides Lebanese cuisine, posts swing to profit for its recently ended financial year, as the company returned to full operations during the year after being closed under virus-related restrictions. For the year ended January 2, Comptoir posted a pretax profit of £1.5 million, compared to a £8.1 million loss the year before, on revenue which grew 67% to £20.7 million from £12.4 million. Looking ahead, Comptoir says trading to date has risen to a level that it remains confident in its performance compared to pre-Covid levels in 2019, but notes that any growth will be affected by rising costs.
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Oxford Metrics PLC up 32% at 104.00p, 12-month range 75.00p-132.00p. The Oxford-based software provider strikes a deal to sell its infrastructure asset management unit Yotta, to construction-focused software provider Causeway Technologies Ltd for £52.0 million in cash. Proceeds from the sale will go towards the acceleration of the group’s acquisition drive and planned organic investments, as well as broaden Vicon’s product bench and extend Oxford’s sensing and analysis capabilities.
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Digitalbox PLC, up 6.7% at 9.60p, 12-month range 5.05p-17.90p. The digital media company buys the web and mobile platform assets of TVGuide.co.uk Ltd, in a £550,000 deal. Digitalbox says that the acquisition, which is expected to be immediately earnings enhancing, will see services acquired from TVGuide.co.uk renamed to Yo.tv Ltd.
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AIM - LOSERS
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i-nexus Global PLC, down 30% at 5.10p, 12-month range 3.80p-15.50p. The software company post first half revenue decline. For the half-year ended March 31, pretax loss narrows to £343,094 from £426,756 a year ago. Revenue however falls 25% to £1.5 million from £2.0 million. Recurring revenue stands lower at £1.4 million versus £1.8 million a year ago. ‘This reduction in recurring revenue reflects the exceptional level of churn experienced in financial year 2021,’ the firm explains.
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