Admissions:
None
Delistings:
Yesterday, Marlowe (MRL.L) left AIM
What’s baking in the oven?
Potential** Initial Public Offerings:***
24th July: Scotch Corner Designer Village, a newly formed single asset real estate company (to be re-registered as a public limited company) which is developing a retail outlet and leisure destination, announces it may consider an IPO on the newly launched Aquis Real Asset Market (ARAM) of the Aquis Stock Exchange. Timing and deal details TBC.
Banquet Buffet****
AudioBoom Group 347.5p £62.4m (BOOM.L)
The global podcast company, announced key milestones and data points connected to the growth of its podcast video operations. The company, and its recently acquired British podcast network Adelicious, continue to develop their video strategy and platform capabilities as production and consumption of video podcasting accelerates. In June 2025, more than 60% of podcasters on the Audioboom Creator Network produced video versions of their podcasts. More than 13% of Audioboom Creator Network revenue was generated from video in June. Video podcasts were viewed more than 22m times in June 2025, contributing 20% of all podcast consumption across Audioboom and Adelicious.
CT Automotive 38p £28m (CTA.L)
The designer, developer, and supplier of interior components to the global automotive industry, provided a trading update for the six months to 30th June 2025. The company remains on track to meet the latest FY25 market expectations for revenue and profitability. H125 revenues are expected to be $54.2m (H1 24: $60.5m) reflecting customer program launch timing adjustments and inventory run down. It is expected that this position will normalise during H2. Gross margins continue to improve, building on the efficiency initiatives enacted throughout FY24.
Ebiquity 19.5p £27m (EBQ.L)
The company in media investment analysis, provides a trading update in respect of the six-month period ended 30 June 2025 ahead of publication of its H1 2025 interim results on 29 September 2025. The H1 2025 Group revenue is expected to be £37.9m, in line with the prior year (H1 2024: £37.9m) and increasing by 1% on a constant currency basis. Excluding North America, the Group delivered revenue growth of 5% compared to the prior year (6% on a constant currency basis). Total Group adjusted H1 2025 operating profit is expected to be approximately £2.6m, representing strong 10% year-on-year growth (H1 2024: £2.3m) and 11% year-on-year growth on a constant currency basis, with an improved adjusted operating margin of 6.8% (H1 2024: 6.2%).
Jubilee Metals Group 2.95p £92.8m (JLP.L)
The diversified metals producer with operations in South Africa and Zambia, has provided an update on its copper portfolio in Zambia and the implementation of its integrated production strategy. The Company continues to establish itself as a comprehensive copper producer, encompassing exploration, mining, concentrating, and cathode refining capabilities. Jubilee's copper strategy has leveraged experiences and expertise from its South African processing business. Whilst the Company's South African operations are reliant on third party feed supply, Jubilee has acquired extensive copper resources in Zambia and developed a three-pillar diversified platform on the back of its growing presence in Zambia. The Zambia Copper unit production guidance for H1 FY2026 is 2300 tonnes and 5100 for the full year FY2026. There are Further capital dependent projects which are currently underway and being targeted to commence within FY2026.
Mast Energy Developments 76.5p £10m (MAST.L)
The UK multi-asset operator in the Reserve Power market announced that it has signed a heads of terms for an exclusive joint venture to develop, construct, and operate AI datacentre power supply solutions. The company signed the exclusive joint venture heads of terms with C-Zero Markets Ltd, a UK company with strong connections and a proven track-record in the energy industry in the UK and EU. Under the JV, the two companies will exclusively work together to identify, develop, construct, and operate AI datacentre power supply solutions and applications. The short-term goal is to develop c. 50 MW of AI datacentre power supply projects, and scale to 150+ MW in medium term.
Metals One 5.2155p £26.1m (MET1.L)
Further to the Company's investments announced on 18 and 29 July 2025, the minerals exploration and development company with key interests in uranium and gold projects, announces that it has agreed to increase its shareholding in NovaCore Exploration Inc., a private U.S.-based company advancing the large-scale Red Basin Uranium Project, from its current 30% to 35% by way of cash subscription of approximately US$297k. This brings the Company's investment in NovaCore to date to approximately US$1.45m. The company's additional investment is designed to enable NovaCore to accelerate its plans to conduct a maiden drilling campaign at the large-scale Red Basin Uranium Project in Catron County, New Mexico, anticipated to commence in Q4 2025.
MTI Wireless Edge 47p £40.5m (MWE.L)
The technology group focused on comprehensive communication and radio frequency solutions across multiple sectors, announced today that its subsidiary, P.S.K Wind Technologies Ltd., has secured three contracts from existing local customers for the delivery of defence services and equipment, collectively worth approximately US$1.4m. 75% of the value of these orders will be delivered in 2025 and the remainder over the period from 2026 to 2027.
Kodal Minerals 0.325p £65.9m (KOD.L)
The mineral exploration and development company has provided an update on progress at the open pit mining and Stage 1 Dense Media Separation processing plant at the Bougouni Lithium Project in Southern Mali. The project is operated by the local Mali registered mining company, Les Mines de Lithium de Bougouni SA Mining UK Limited, in which Kodal has a 49% shareholding. The company’s Spodumene concentrate production currently exceeds 45,000 tonnes of product which is ready for export. Open-pit mining is also continuing at Ngoualana, however, access to the lower levels of the open pit is restricted due to heavy rainfall typical of the wet season, and excess water in the pit. Mining is continuing with the removal of free-dig material to final pit boundaries.
Physiomics 0.44p £1.3m (PYC.L)*
The mathematical modelling, data science and biostatistics company supporting the development of new therapeutics and personalised medicine solutions, announces the award of a second contract by a UK-based biotech client at the forefront of AI-driven drug development. This follows the successful completion of a previous project with the same client, which was announced in June 2024 and fell into the Company's Modelling and Simulation division. Under the new contract, Physiomics will update a model previously developed for the client, incorporating clinical data from their ongoing Phase 1 study. The updated model will be used to support critical decisions regarding future clinical dosing strategy. The project will leverage Physiomics' proprietary Virtual Tumour platform and is expected to be completed over the next two months. The project is valued at approximately £38k.
Water Intelligence 305p £59m (WATR.L)
The multinational provider of precision, minimally-invasive leak detection and remediation solutions for both potable and non-potable water provides an update on its reacquisition of an ALD franchise in Georgia. The Group has agreed to acquire ALDGA for an initial payment of $350k in cash. The Group will pay the seller of ALDGA four times the profits generated by ALDGA in the trailing twelve months from August 1, 2027, in cash less the initial payment. In the last twelve months, ALDGA generated revenues of $600k and profits of $150k.
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