The company, a supplier of gambling software to US-based casinos, said trading had been ahead of expectations in the four months to the end of October.
“Given the rapid increase in the total addressable market for US internet gambling operators and their infrastructure providers such as GAN, we expect to see continued and rapid growth,” said chief executive Dermot Smurfit in a release.
2.15pm: Andalas hit by inconsistent flow rates
The AIM-listed oiler recently completed works to extend the life of the well, which is part of the Betun-Selo KSO project in Sumatra, Indonesia, where it is undertaking a four-well programme.
“The focus for the coming month will be improving field uptime by undertaking a field equipment maintenance programme,” Andalas said in a release.
12.45pm: AFC Energy stuns with four new brands
Two products, called HydroX-Cell(L) and HydroX-Cell(S), are zero-emission fuel cells, while H-Power is a range of systems and AlkaMem is a group of chemicals.
The AIM-listed company is releasing the new products a month ahead of its new electric vehicle charger, creating “a zero emission, low-cost and high performing technology platform” able to compete “favourably” in the market.
11.30am: Filta Group chops earnings forecast
The company, which provides cleaning services to commercial kitchens in North America and Europe, now expects 2019 EBITDA to be £3mln, as opposed to £4mln set previously.
The slow progress was attributed to measures taken to process an order backlog, delayed installation work and extra personnel in the UK, although chief executive Jason Sayers said 2020 will be a year of “significant progress”.
10.30am: Altus Strategies in talks for £6mln shares sale
The agreement, signed with private gold investment company La Mancha Holdings, proposes that the latter will buy 124mln of Altus’s shares for £6mln, to be completed in January 2020 pending shareholders’ approval.
“This transaction will prove transformative for Altus, providing the capital and expertise to fast track our project and royalty generation activities, as well as unlocking new external growth opportunities,” said Steven Poulton, chief executive at Altus.
9.30am: UP Global Sourcing sees no problem
The homewares retailer reported a 41% jump in total revenues to £123.3mln for the year ended 31 July, driven by growth across all its sales segments including discounters, supermarkets, online platforms and especially international customers.
The firm said the coming year’s order book is “moderately ahead” of this time last year and remains optimistic despite the UK economic conditions, which are set to remain challenging.
8.30am: Nanoco is up for grabs
The firm, a developer of applications incorporating semiconductor nanoparticles, issued a profit warning in June which pushed the price down from around 36p to 9.5p.
The quantum dot technology company reckons it probably has enough working capital to tide it over while it talks to potential bidders and customers but it has contingency plans in place if needed.