Financial Highlights of Three FTSE AIM All-Share Stocks – AQX, PTY and CLNR

Today, we are going to discuss the financial highlights, and share price performance of three companies, i.e. Aquis Exchange Plc, Parity Group Plc and Cluff Natural Resources Plc. These three companies belong to varied sectors of Investment Banking & Brokerage Services, Software & Computer Services and Oil, Gas & Coal, respectively.

Overview of Aquis Exchange Plc

Aquis Exchange Plc (LON: AQX) is the United Kingdom based the independent exchange services company, involved into cash equities trading business all across Europe. It also provides its software related to exchange to third party clients. It is listed on the London Stock Exchange under Alternative Investment Market and is approved and controlled by the United Kingdom Financial Conduct Authority.

AQX – Financial Highlights

On 16th April 2020, the company had declared its audit results for the year ended 31st December 2019.

(source: company website)

  • The company’s revenue increased by 73 per cent to £6.9 million during the year 2019 as compared to the prior year. The growth in the revenue was driven by increasing subscription fees due to higher trading levels, rise in total members counts and growth from the technology and data divisions.
  • Adjusted EBITDA decreased to £0.2 million versus a loss of £2.1 million during the year 2018.
  • As at 31st December 2019, Cash and cash equivalents decreased slightly to £11.0 million.
  • The company’s loss after tax decreased by 77 per cent to £862k versus £3.4 million loss after tax in the year 2018. The company believes that a decrease in loss is a big step for gaining entire profitability.

(source: company website)

  • The company’s revenue increased by 73 per cent to £6.9 million during the year 2019 as compared to the prior year. The growth in the revenue driven by increasing subscription fees due to higher trading levels, rise in total members counts and growth from the technology and data divisions.
  • Adjusted EBITDA was reported at a loss of £0.2 million versus a loss of £2.1 million during the year 2018.
  • As at 31st December 2019, cash and cash equivalents of the company decreased slightly to £11.0 million.
  • The company’s loss after tax decreased by 77 per cent to £862k versus £3.4 million loss after tax in the year 2018. The company believes that a decrease in loss is the big step towards profitability.

AQX – Share price Performance

On 17th April 2020, Aquis Exchange Plc’s stock price increased by 8.07 per cent or GBX 28.00 points to GBX 375.0 at the close of the market. The company’s stock achieved a one-year high price on 30th April 2019 at GBX 590.0 per share, whereas the stock recorded a one-year low price on 31st March 2020 at 310.0 per share.

As on 17th April 2020, the market capitalisation of AQX was reported at GBP 101.81 million. The free float and share outstanding of the stock reported at 13.50 million and 27.15 million by the time of writing.

Overview of Parity Group Plc

Parity Group Plc (LON: PTY) helps businesses to find suitable people to deliver data projects. It also provides business & technology solutions to clients across the private and government sectors. The company has been associated with some of the largest businesses in the country since long.

PTY – Financial Highlights

On 16th April 2020, the company announced yearly results for the period ended 31 December 2019.

(source: company website)

  • Revenue of the company decreased by 6.6 per cent to £80.4 million during the year 2019, mainly due to lower recruitment revenues as a contract with the Scottish Government was not renewed in the initial days of the year.
  • Adjusted profit before tax declined significantly to £115k as compared to the previous year. However, it was as per the expectations of the company.
  • During the year 2019, the company’s loss before tax increased (after deducting non-recurring items of £1.2 million before tax) to £1.1 million as compared to £0.4 million in the prior year.
  • In December 2019, net cash generated from operations was reported at £3.4 million, which was a result of remarkable cash collection in the final month of 2019 and brought the group into cash positive position of £0.9 million at the end of the year 2019.
  • During the year 2019, the company reduced operating expense by £3.3 million.
  • The basic loss per share from the continuing operation’s increased to 1.05 pence as compared to 0.41 pence per share during the year 2018. The company’s result was mainly effected due to substantial restructuring cost.

PTY- Share Price Performance

On 17th April 2020, Parity Group Plc’s stock ended at GBX 7.00, unchanged from the previous day’s closing. The company’s stock achieved a one-year high price was on 14st January 2020 at GBX 10.50 per share, whereas the stock recorded a one-year low price on 27th March 2020 at 4.50 per share.

As on 17th April 2020, the market capitalisation of PTY was reported at GBP 7.18 million. The free float and share outstanding of the stock reported at 41.48 million and 102.62 million by the time of writing.

Overview of Cluff Natural Resources Plc

Cluff Natural Resources Plc (LON: CLNR) is a natural resource invesment company, operating on the southern North Sea and Central North Sea of the United Kingdom. The company has its major investment position in the UK’s offshore gas & oil assets. It is quoted on the London Stock Exchange and trade under Alternative Investment Market.

CLNR – Financial Highlights

On 16th April 2020, the company announced its audit result for the period ended 31st December 2019.

  • In August 2019, the company completed the acquisition of 3D seismic on Pensacola.
  • During the year 2019, the operating loss of the company increased to £2.4 million as compared to £1.7 million during the year 2018.
  • The total administrative expenses increased to £2.5 million as compared to the prior year.
  • During the year 2019, net cash outflow from operations and investing activity reduced to £1.8 million as compared to £2.2 million during the year 2018.
  • At 31 December 2019, the Cash position of the company increased to £13.8 million (2018: £1.42 million) without any debt.
  • As of 31 March 2020, the company’s in-hand cash was reported to be at £13.2 million.

CLNR - Share Price Performance

On 17th April 2020, Cluff Natural Resources Plc’s stock price decreased by 2.94 per cent or GBX 0.025 points to GBX 0.825 at the close of the market. The company’s stock achieved a one-year high price on 30th April 2019 at GBX 3.33 per share, whereas the stock recorded a one-year low price on 20th March 2020 at 0.55 per share.

As on 17th April 2020, the market capitalisation of CLNR was reported at GBP 11.95 million. The free float and share outstanding of the stock were reported at 1.07 billion and 1.41 billion by the time of writing.


Disclaimer

The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. The above article is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) under discussion. Kalkine does not in any way endorse or recommend individuals, products or services that may be discussed on this site.

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