Earnings Updates From Three AIM-Listed Stocks: AFC, KDR And SHG

AFC Energy Plc

AFC Energy Plc (LON: AFC) is a leading supplier of hydrogen power generation technologies. The company has four different types of products, i.e. HydroX-cells (L)™, HydroX-Cells (S)™, AlkaMem and Auxiliary Equipment. The company has three partners, i.e. DE NORA, Advanced Plastics limited and Rolec.

AFC – Financial Highlights

On 28th February 2020, the AFC Energy Plc announces its results for the year ended 31st October 2019.

The gross loss decreased to £26 in the year 2019 as compared to a loss of £28,601 in the year 2018. The other income increased to £39,729 in the year versus £21,516 in the previous year.

The operating loss decreased to £3.6 million in the year 2019 as compared to a loss of £5.0 million in the year 2018. The loss before tax decreased to £3.6 million in the year 2019 versus a loss of £5.0 million in the year 2018. The loss for the financial year and total comprehensive loss attributable to owners of the company decreased to £2.9 million in the year 2019 as compared to a loss of £4.3 million in the year 2018.Â

The basic and diluted loss per share decreased to 0.68 pence in the year 2019 as compared to the 1.10 pence in the year 2018.

The company has made an investment of £0.35 million in the test of the commercial and technical viability of the product in an EV charger demonstration unit.

AFC – Share price performance

(Source: Thomson Reuters)

On 02nd March 2020, at around 02:22 PM (GMT), by the time of writing this report, the stock of AFC Energy Plc traded at a price of GBX 22.79 per share on the London Stock Exchange, an increase in the value of around 9.04 per cent or GBX 1.89 per share, as opposed to the closing price of the stock on the previous trading day, which has been reported to be at GBX 20.90 per share.

At the time of writing, the market capitalisation of AFC Energy Plc was GBP 96.74 million with regards to the current market price of the stock. The free float and outstanding shares of AFC Energy Plc were reported at 396.70 million and 462.88 million, respectively.

The beta of the stock has been reported at a value of negative 0.28, representing the fact that the movement of the share price of the company is inversely correlated to the movement in the comparative benchmark index.

Karelian Diamond Resource

Karelian Diamond Resource (LON: KDR) is a company aiming to create substantial profits for investors through development and discovery of economic diamonds deposits with a current focus on Finland. In the year 2005, the company acquired Nordic Diamonds Limited from Conroy Plc and Karelian Diamonds Limited from Conroy Diamonds & Gold Plc. The company’s shares have been admitted for trading on AIM exchange since 01st September 2005.

KDR – Financial Highlights

On 28th February 2020, the company released its unaudited results for the six months ended 30th November 2019.

The loss before taxation increased to €250,150 in the six-month period ended 30th November 2019 as compared to €215,342 in the six-month period ended 30th November 2018. The basic and diluted loss per share increased to €0.0069 as compared to the €0.0064 in the year 2019.

The total comprehensive expense for the financial period/year was reported at €250,150 in the six-month period ended 30th November 2019 as compared to €215,342 in the six-month period ended 30th November 2018.

The total asset of the company was reported at €10.3 million as of 30th November 2019. The total equity of the company was reported at €9.18 million as of 30th November 2019.

KDR – Share price performance

On 02nd March 2020, at around 01:43 PM (GMT), by the time of writing this report, the stock of Karelian Diamond Resource traded at a price of GBX 2.88 per share on the London Stock Exchange, an increase in the value of around 1.05 per cent or GBX 0.03 per share, as opposed to the closing price of the stock on the previous trading day, which has been reported to be at GBX 2.85 per share.

At the time of writing, the market capitalisation of Karelian Diamond Resource was GBP 1.25 million with regards to the current market price of the stock. The free float and outstanding shares of Karelian Diamond Resource were reported at 18.24 million and 43.04 million, respectively.

The beta of the stock has been reported at a value of 0.58, representing the fact that the movement of the share price of the company has lower volatility as compared with the movement in the comparative benchmark index.

Shanta Gold Limited

Shanta Gold Limited (LON: SHG) is gold developer, producer and explorer, which mainly concentrates on East Africa. The company’s main asset is new Luika Gold mine, and the location of this mine is in southwest Tanzania. This mine is 100 per cent owned by the company and is low cost and cash- generating asset.

SHG – Financial Highlights

On 28th February 2020, the company announced Full Year Results for the year ended 31st December 2019.

The Revenue of the company increased to US$ 112.8 million in the year 2019 versus US$103.8 million in the year 2018. Similarly, the cost of sale increased to US$88.6 million in the year 2019 as compared to US$ 75.3 million in the year 2018.

The gross profit decreased to US$ 14.4 million in the year 2019 as compared to US$ 27.2 million in the year 2018. The operating profit decreased to US$5.1 million in the year 2019 as compared to US$19.2 million in the year 2018.

The (Loss) / Profit before taxation decreased to a loss of US$1.2 million in the year 2019 versus a profit of US$ 13.1 million in the year 2018. The (Loss) / Profit for the year attributable to the equity holders of the parent Company reported to a loss of US$ 9.5 million in the year 2019 as compared to a profit of US$ 8.0 million in the year 2018.Â

The basic loss / Earning per share was reported at a loss of US$ 1.206 cents in the year 2019 as compared to the earnings per share of US$ 1.029 cents in the year 2018. The diluted loss / Earning per share was reported at a loss of US$ 1.206 cents in the year 2019 as compared to an earnings per share of US$ 1.017 cents in the year 2018.

SHG – Share price performance

(Source: Thomson Reuters)

On 02nd March 2020, at around 02:50 PM (GMT), by the time of writing this report, the stock of Shanta Gold Limited traded at a price of GBX 10.40 per share on the London Stock Exchange, an increase in the value of around 12.43 per cent or GBX 1.15 per share, as opposed to the closing price of the stock on the previous trading day, which has been reported to be at GBX 9.25 per share.

At the time of writing, the market capitalisation of Shanta Gold Limited was GBP 73.44 million with regards to the current market price of the stock. The free float and outstanding shares of Shanta Gold Limited were reported at 689.90 million and 793.93 million, respectively.

The beta of the stock has been reported at a value of 1.08, representing the fact that the movement of the share price of the company has higher volatility as compared with the movement in the comparative benchmark index.

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