Financial Highlights of Two FTSE AIM All-Share Stocks: Microsaic Systems Plc & Greatland Gold Plc

5 min read | March 10, 2020 10:58 AM GMT | By Team Kalkine Media

Today we are going to discuss about two FTSE AIM All-Share index stocks, i.e. Microsaic Systems Plc and Greatland Gold Plc. These two stocks belong to Electronic and Electrical Equipment & Precious Metals and Mining respectively.

Microsaic Systems PlcÂ

Microsaic Systems Plc (LON:MSYS) is a technology company incorporated in the year 2001. It produces points-of-need mass spectrometers which are designed to enhance the efficiency of biological and chemical workflows. The company’s patented chip-based MS intuitive and technology software helps in generating analytical information. The company is headquartered in Woking, the United Kingdom since the year 2004. The company got listed on the London Stock Exchange under the FTSE AIM All-share index in the year 2011.

MSYS – Financial Highlights

On 09th March 2020, the company declared financial result for the year ended 31st December 2019.

The company’s revenue increased by 50.8 per cent to £0.87 million during the year versus £0.58 million in the FY2018.

During the year 2019, the company generated the revenue of £28,798 from the UK, £53,662 from Japan, £159,068 from the USA, £448,923 from Europe, £139,562 from China and £42,112 from rest of the world. Due to further investment in the Research & Development and Business Advancement, the operating expense of the company increased by 2.7 per cent to £3.39 million.

As per the company’s information, the gross margin increased to 42.9 per cent in H2 2019 as compared to 31.9 per cent in H1 2019, which shows improved pricing with focus on niche markets. However, the gross margin fell to 38.8 per cent during the year versus 41.8 per cent in the FY2018. The Net Loss of the company remained in-line with the previous year to £2.77 million.

The basic and diluted loss per ordinary share decreased to 0.61 pence in the FY2019 as compared to a loss of 0.85 pence in the FY2018.

From the balance sheet, the company’s right to use assets increased to £157,916 as of 31st December 2019. The intangible assets also increased to £97,211 as of 31st December 2019, as compared to £95,944 as of 31st December 2018.

As of 31st December 2019, the cash balance decreased significantly to £2.62 million during the year as compared to the prior year, though remaining in line with the expectation of the board.

MSYS – Share Price Performance

Daily Chart as at Mar-10-20, before the market close (Source: Thomson Reuters)

On 10th March 2020, at around 09:33 AM (GMT), by the time of writing this report, the stock of Microsaic Systems Plc traded at a price of GBX 0.868 per share, up by 0.068 points or 8.50 per cent on the London Stock Exchange, against the previous day close.

The share price of Microsaic Systems Plc recorded at GBX 2.12 as on 21st June 2019 was its 1-year peak price, whereas the share price recorded at GBX 0.70 as on 18th October 2019 was the 1-year low share price. The current share price was higher by 24.00 per cent from the 1-year low price.

The beta of the company’s stock has been reported at a value of 3.38, which shows that movement of the share price is highly volatile versus the movement in the comparative benchmark index.

At the time of writing, the company’s market cap was reported at GBX 3.65 Million with respects to the stock’s current market price. The outstanding shares of Microsaic Systems Plc stood at 456.37 million.

Greatland Gold Plc

Greatland Gold Plc (LON:GGP) focuses on its principal activity to develop and explore natural resources with a major concentration on gold. The company is currently working on six projects which are Paterson project, Firetower project, Panorama Project, Ernest Giles Project, Warrentinna Project and lastly Bromus project. The company was incorporated during the year 2005 in London. It was listed on the London Stock Exchange under Alternative Investment Market index in July 2006.

GGP – Financial Highlights

On 9th March 2020, the company released its unaudited results for the first half ended 31st December 2019.

The company has raised £4.2 million to speed up the exploration in the Paterson region during the six months ended 31st December 2019. The company with cash & cash equivalent of over £4 million is sufficiently funded to push further the Paterson exploration programmes in the year 2020. Since 31st December 2019, the company has raised an extra fund of £2 million from warrant conversion.

The company’s exploration expenses increased to £1,881,532 during the six months versus £937,732 during the six months of the year 2018. Loss on ordinary activities before taxation increased to a loss of £2,623,975 during the six months versus a loss of £1,458,171 during the six months of the year 2018.

Total comprehensive loss for the year attributable to equity holders of the parent increased to £2,766,931 as compared to a loss of £1,509,470 during the six months of the year 2018.

As of 31st December 2019, the tangible assets increased to £106,850 as compared to the prior year, whereas intangible assets decreased to £2,022,633 as compared to the preceding year.

GGP – Share Price Performance

Daily Chart as at Mar-10-20, before the market close (Source: Thomson Reuters)

On 10th March 2020, at around 09:53 AM (GMT), by the time of writing this report, the stock of Greatland Gold Plc traded at a price of GBX 4.26 per share on the London Stock Exchange, up by 0.11 points or 2.65 per cent against the previous day close.

The share price of Greatland Gold Plc recorded at GBX 5.89 as on 12th February 2020 was its 1-year peak price, whereas the share price recorded at GBX 1.45 as on 04th June 2019 was the 1-year low share price. The current share price was lower by 27.70 per cent from the 1-year high price.

The beta of the company’s stock has been reported at a value of 1.12, which shows that movement of the share price is volatile versus the movement in the comparative benchmark index.

At the time of writing, the company’s market cap was reported at GBX 151.57 Million with respect to the stock’s current market price. The outstanding shares of Greatland Gold Plc stood at 3.65 billion.


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