Latest Updates From 3 FTSE AIM All-Share Stocks – Entertainment AI Plc, Lightwaverf Plc and Eve Sleep Plc

7 min read | January 22, 2020 10:30 AM GMT | By Team Kalkine Media

Entertainment AI Plc

Entertainment AI Plc (LON:EAI) is United Kingdom-based media and technology company, previously named Blockchain Worldwide Plc. The company automates media generation and lets the user be a part of the content they love. The company utilises smart script to micronise any piece of content and creating each component cryptographically secure, allowing all the members to get paid.

EAI – Trading Updates

On 21st January 2020, the company announced the trading update for the period ended 31st December 2019.

EAI has two wholly-owned subsidiaries, i.e. GT Channel Inc and Tagasauris Inc. The GTC multichannel network viewers of youtube channel fan base increased to around 12.3 billion views, i.e. an increase of 45 per cent in the year 2019 as compared to 8.5 billion in the year 2018.

The unpaid subscriber, seeking more content from GTC and its originator partners rose by 43 per cent during 2nd half of the year 2019 to 100 million, as compared to 70 million in the first half of the year 2019.

The Net revenue of GTC increased by 59 per cent to $10.3 million in the year 2019 as compared to $6.5 million in the year 2018. The gross income of ad from international viewers reported to around $18.7 million prior to commission deducted by YouTube.

EAI’s balance sheet showed a strong result in the year 2019. The year-end cash situation was reported at around $9.5 million after initial technology development spends and AIM-listing.

EAI – Share Price Performance

At the time of writing, on 21st January 2020 as at 16:40 PM (GMT), the share price of EAI closed at GBX 42.0 per share on the London Stock Exchange, an upside of 6.33 per cent or GBX 2.50 per share, versus previous day’s closing price of GBX 39.50 per share.

EAI’s share price of GBX 69.60 as on 14th May 2019 was its 1-year peak price, whereas the share price of GBX 24.0 as on 21st February 2019 was the 1-year low share price. The current share price was lower by 39.65 per cent from the 1-year high price, whereas it was higher by 75.0 per cent from the 1-year low price. The company’s market capitalisation was reported at £19.73 million at the time of writing. The free float and share outstanding of the EAI were reported at 25.52 million and 49.96 million, respectively.

Lightwaverf Plc

Lightwaverf Plc (LON:LWRF) is one of the leading smart home solutions providers. It is involved in the development and design of software & devices to control domestic and commercial power, heating, lighting, and security while sitting away. It has businesses in the United Kingdom, Rest of Europe, the Middle East and Asia.

LWRF - Trading Updates

On 20th January 2020, the company announced the trading update for the three months ended 31st December 2019, being the first quarter of its financial year ending 30th September 2020.

The revenue decreased by 7.8 per cent to £1.06 million on like for like basis in the first quarter of the year 2020 as compared to £1.15 million in the first quarter of the year 2019. It was an impact of the lack of some lines of stock in December 2020, following a record performance for the Black Friday and Cyber Monday, forming the part of first two months of this financial year 2020.

The Telesales revenue increased by 72.1 per cent to £394,000 in the first quarter of the year 2020 as compared to £229,000 in the first quarter in the year 2019. The e-commerce revenue rose by 5.5 per cent to £307,000 in the first quarter of the year 2020 as compared to £291,000 in the first quarter in the year 2019.

LWRF – Financial Highlights

On 21st January 2020, the company announced its audited results for the year ended 30th September 2019.

The total revenue increased by 46 per cent to £4.09 million in the year 2019 as compared to £2.81 million in the year 2018.

The gross profit increased to £1.32 million in the year 2019 as compared to £0.83 million in the year 2018. The gross margin also increased to 32.1 per cent in the year 2019 as compared to 29.3 per cent. The loss before and after taxation increased to £3.61 million in the year 2019 as compared to £2.54 million in the year 2018. However, the investment in research and development decreased to £1.34 million in the year 2019 as compared to £1.60 million in the year 2018.

The basic and diluted loss per share decreased to 3.48 pence in the year 2019 as compared to 3.80 pence in the year 2018.

LWRF – Share Price Performance

At the time of writing, on 21st January 2020 as at 14:43 GMT, the share price of LWRF closed at GBX 4.25 per share on the London Stock Exchange, a downside of 10.53 per cent or GBX 0.50 per share, versus previous day’s closing price of GBX 4.75 per share. The company’s market capitalisation was reported at £5.87 million at the time of writing. The free float and share outstanding of the LWRF were reported at 63.53 million and 123.58 million.

LWRF’s share price of GBX 11.45 as on 22nd January 2019 was its 1-year peak price, whereas the share price of GBX 1.72 as on 29th November 2019 was the 1-year low share price. The current share price was lower by 62.88 per cent from the 1-year high price, whereas it was higher by 147.09 per cent from the 1-year low price.

While writing, the beta of the LWRF share was stated at 2.95, which shows very high volatility as compared to the benchmark market index’s movement.

Eve Sleep Plc

Eve Sleep plc (LON:EVE) is sleep wellness brand which is mainly operating in the UK, Ireland and France. The company was previously named as eve Sleep Limited. The company is selling mattresses, bedding, bed frames, child & baby and sleep accessories. The company is concentrating on direct to customer European sleep brand which sells and designs other sleep and eve-branded mattresses and products.

EVE - Trading Updates

On 21st January 2020, the company announced a trading update for the year ended 31st December 2019.

The group revenue decreased to £23.8 million in the core market as compared to £29.3 million in the year 2018. The Earnings before interest, tax, depreciation and amortisation losses reduced by 43 per cent to £10.8 million in the year 2019, as compared to £19.2 million in the year 2018.

The company reported a full-year reduction in cash by 51 per cent to £10.3 million in the year 2019 as compared to £20.9 million in the year 2018. The net funds reported as at 31st December 2019 was £8.1 million which consists £7.8 million of net cash and £0.25 million of advertising credits. The overheads reduced by 27 per cent in the year 2019.

The non-mattress sales increased by 200 bps in the UK and 600 bps in France. The customer repeat rates increased by 230 bps in the UK & Ireland and 360 bps in France. The company also signed retail partnerships with Homebase, Argos and Dunelm.

EVE – Share Price Performance

At the time of writing, on 21st January 2020 as at 16:40 GMT, the share price of EVE closed at GBX 2.12 per share on the London Stock Exchange, an upside of 8.72 per cent or GBX 0.17 per share, versus previous day’s closing price of GBX 1.95 per share. The company’s market capitalisation was reported at £5.14 million at the time of writing. The free float and share outstanding of the EVE were reported at 158.46 million and 263.44 million, respectively.

EVE’s share price of GBX 15.50 as on 25th January 2019 was its 1-year peak price, whereas the share price of GBX 1.25 as on 15th January 2020 was the 1-year low share price. The current share price was lower by 86.32 per cent from the 1-year high price, whereas it was higher by 69.6 per cent from the 1-year low price.


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