Tremor jumps 10% after record first quarter performance
A look at the major movers on the London market on Tuesday
Shareholders in Tremor International Ltd (LON:TRMR) were shaking with excitement after a positive update.
The company, which specialises in software aimed at the advertising market, said it had turned in a record performance for the first quarter, which is traditionally a quieter period for the business.
Revenues jumped 96% to US$63mln while profits soared from US$0.5mln to US$27.5mln.
Tremor added that it was confident in its medium to long-term prospects and was well placed to benefit from the ongoing resurgence in the global digital advertising industry .
Tremor jumps 10% after record first quarter performance
A look at the major movers on the London market on Tuesday
Shareholders in Tremor International Ltd (LON:TRMR) were shaking with excitement after a positive update.
The company, which specialises in software aimed at the advertising market, said it had turned in a record performance for the first quarter, which is traditionally a quieter period for the business.
Revenues jumped 96% to US$63mln while profits soared from US$0.5mln to US$27.5mln.
Tremor added that it was confident in its medium to long-term prospects and was well placed to benefit from the ongoing resurgence in the global digital advertising industry .
What’s cooking in the IPO kitchen?
UK SPAC (formerly Mountfield Group and now an AIM Rule 15 Shell) has applied for admission to the AQSE Growth Market. The Company recently raised £3.1m in a placing, giving the Company flexibility in pursuing a reverse take-over transaction. The Directors of the Company are currently in the process of identifying and assessing reverse takeover opportunities with a particular focus on the European medicinal cannabis sector. The Directors are working closely with specialists in this industry in order to evaluate opportunities. Due 3 June
TECC Capital plc is a SPAC applying to be listed on the Access Segment of the AQSE Growth Market with the intention to identify and acquire a suitable business opportunity or opportunities and undertake an acquisition or merger or a series of acquisitions or mergers. The focus will be investing in businesses which are developing and/or supporting the application of technology in innovative sectors such a
Tremor jumps 10% after record first quarter performance
A look at the major movers on the London market on Tuesday
Shareholders in Tremor International Ltd (LON:TRMR) were shaking with excitement after a positive update.
The company, which specialises in software aimed at the advertising market, said it had turned in a record performance for the first quarter, which is traditionally a quieter period for the business.
Revenues jumped 96% to US$63mln while profits soared from US$0.5mln to US$27.5mln.
Tremor added that it was confident in its medium to long-term prospects and was well placed to benefit from the ongoing resurgence in the global digital advertising industry .
TRADING UPDATES: Mothercare sales down; Revolution Bars seeks to raise
Tue, 25th May 2021 17:11
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Webis Holdings PLC - Isle of Man-based gaming firm - Receives West Virginia wagering license which allows company to accept online wagers from state residents. We are delighted to receive this license from the West Virginia Racing Commission for WatchandWager. We believe that this license will be mutually beneficial to both the company and the state in the forms of revenue and taxes generated from wagering, says Webis.