Morning all!
Eagle Eye Solutions ( Eagle Eye Solutions (LON:EYE) ) – 124p – £31.6m – PER n/a
Final Results For The 12 Months To End June 2018 – Revenue up 33% to £14.8m (FY17: £11.1m), Gross margin maintained at 87% (FY17: 88%) but still a loss on the Adjusted EBITDA level of -£2.0m (FY17: -£1.8m).
I remain Neutral.
Augean ( Augean (LON:AUG) ) – 45.5p – £46.6m – PER 6.49
Interim Results For The 6 Months To End June 2018 – Adjusted Revenue (before landfill tax) up 6% to £32.9m (2017: £30.9m), Adjusted PBT up 36% to £4.5m (2017: £3.3m), Net debt improved to £2.7m (December 2017: £10.8m) - The rate of cash generation will slow in H2 as the capital spend to maintain landfill capacity will increase. Basic Adjusted EPS is up 21% to 3.18 pence (2017: 2.62p).
That outstanding landfill liability issue with HMRC means I will remain Neutral for now.
Bango ( Bango (LON:BGO) ) – 156.5p – £114.4m – PER 27.8
Interim Results For The 6 Months To End June 2018 – End User Spend (EUS) up 138% YoY to £220m (1h2017: £92m), Revenues up 54% YoY to £2.63m (1h2017: £1.72m), still loss making but with about £6m in Cash.
Still looks less of a gamble than it used to be but I remain Neutral for now.
Judges Scientific ( Judges Scientific (LON:JDG) ) – 2580p – £157.1m – PER 18.5
Interim Results For The 6 Months To End June 2018 – Revenues up 13% to a record £37.0m (H1 2017: £32.7m) including 5.7% Organic growth, Adjusted PBT up 50% to £6.6m (H1 2017: £4.4m), Adjusted Basic EPS up 52% to 83.4p (H1 2017: 54.8p) and the Interim Dividend is up 20% to of 12.0p. Expecting FY Adjusted PBT and EPS to be ahead of expectations.
Quite interesting and it’s going back on my Watchlist (for more research).
Porvair ( Porvair (LON:PRV) ) – 516p – £235.7m – PER 24.8
Trading Update For The 9 Months To End August 2018 – Underlying Revenue up 11% with PBT in-line…
