80 Mile faces material going concern uncertainty as it must raise additional funds within 12 months. Its pre-tax loss widened to £1,464,625 from £452,107, while net cash fell to £285,941 from £1,070,729.
Cambridge Cognition flagged material uncertainty over its ability to continue as a going concern: it must generate cash from new sales orders and may need cost savings or fundraising. Operating losses narrowed to £0.6m and July fundraising raised £2.6m before expenses.
Winkworth said underlying trading remained resilient, as operating profit before exceptional costs rose 9% year-on-year to £0.84m and operating cash generation increased 39% to £1.33m.
BTG Consulting's first-quarter results to 31 July 2026 met expectations, with revenue and adjusted profits growing year-on-year. Management remains confident of delivering full-year market expectations of £179.9m revenue and adjusted PBT of £26.7m.
Empyrean Energy raised £1,000,000 through a 2,000,000,000-share placing at 0.05p per share, which the company acknowledges is dilutive. Net proceeds will fund its share of GOLD-1 drilling costs and working capital ahead of planned Q4 2026 drilling.
Update on Timing of Full Year Results Announcement
PCI-PAL cannot yet confirm an FY26 results date because auditors need more time to assess revenue recognition and related matters. Revenue and adjusted EBITDA are still expected to be no less than £24.6 million and £1.1 million.
Focusrite expects first-half revenue to grow 3%, with improved underlying operating profit and strong cash generation, while full-year expectations remain unchanged. Net debt is expected to fall to approximately £2 million at 31 August 2026 from £8.6 million at 28 February 2026.
London Security's half-year revenue rose 9.2% to £127.6 million and operating profit increased 13.7% to £14.1 million. Cash increased to £54.8 million, although currency movements contributed £3.5 million to European revenue.
Cairn Homes completed purchases of its own shares, acquiring 100,000 ordinary shares on Euronext Dublin and 50,000 on the London Stock Exchange. Volume-weighted average prices were € 2.7103 and £ 2.3169 respectively.
Star Energy returned to a £2.7 million H1 2026 profit from a £3.9 million loss as revenue rose to £23.2 million from £18.3 million, primarily on higher oil prices. Net cash was £4.6 million at 30 June 2026, versus £4.3 million net debt.
Aptitude Software's revenue fell to £28.8 million from £32.8 million in the six months to 30 June 2026, while statutory operating profit fell to £1.2 million from £2.0 million. The board is in more advanced cash-offer discussions with one party.
Share Buyback Programme Renewal and Trading Update
AdvancedAdvT has launched a £10 million share buyback after completing its initial programme, while trading for the six months ended 31 August 2026 met management expectations.
WH Smith reported lower trading profit margins amid promotional activity and inflation, despite UK fourth-quarter revenue growth of 7%. A £103m equity raise strengthens the balance sheet as the group restructures its store portfolio, including planned Nordic exits.
Interim Results for the Six Months to 30 June 2026
European Green Transition's acquired Wind Services business generated £8.6 million revenue in H1 2026, helping narrow the adjusted EBITDA loss to £0.58 million from £0.66 million. However, reported loss widened to £1.4 million from £0.6 million, including acquisition and integration costs.
SThree disclosed an own-share transaction, with purchases at a volume-weighted average price of 290.4077p and prices ranging from 287.5000p to 297.0000p.
Summarised Audited Results for the year ended 30 June 2026
Pan African Resources' FY26 revenue more than doubled to US$1,156.5 million and profit rose 153.8% to US$356.9 million, supported by higher gold prices and sales. Operating cash flow of US$557.0 million moved the group to US$185.8 million net cash, while the board proposed a record dividend.
Symphony reported improved first-half trading, with higher revenue and margins, a return to profitability and sharply reduced operating cash outflow, despite higher period-end net borrowings.
Arkle Resources' loss widened to €946,792 from €115,824, reflecting acquisition-related activity, non-cash option charges and a Zimbabwe licence write-off. Cash rose to €1,069,297 from €297,979, funding current exploration programmes through the second half of 2026.
Finseta moved to an adjusted EBITDA loss of £1.0m from a £0.3m profit as revenue fell to £5.4m from £5.9m and operating expenses rose. H2 2026 revenue is expected to remain broadly level with H1, limiting an immediate top-line recovery.
Rift Helium's loss before tax widened to (2,510) from (13) for the six months to 30 June 2026. Upepo has secured environmental approval and begun 3D seismic mobilisation ahead of planned H1 2027 drilling, supported by £6.77 million cash and no borrowings.
Great Western Mining's Defender bulk-sample test recovered 92.98% of tungsten into a 7.21% WO₃ rougher concentrate. Further work targets grades towards potential marketable specifications.
Resource-upgrade drilling continues at the Molaoi zinc deposit, with HMO-021 complete and HMO-022 under way. HMO-021 returned individual readings of 24.6% Zn and 559g/t Ag over a 1.5m zone at 300m depth, while 40% of tested samples require immediate rock bolting.
EnergyPathways has filed patent applications for thermal-energy storage technology designed to lift Compressed Air Energy Storage system round-trip efficiency to as much as 72%. The technology is intended for the 300MW / 55GWh / 100+ hours MESH long-duration energy storage project.
Empire Metals' Pitfield research programme with Murdoch University has been accepted into the Critical Metals for Critical Industries CRC, supporting work on producing titanium metal directly from Pitfield TiO₂ product. Initial phases are scheduled to finish in early 2027.
Fulcrum Metals has raised gross proceeds of approximately £250,000 from a single institutional investor, issuing 3,571,428 new shares at 7 pence each. Net proceeds will strengthen working capital and support the Ontario pilot facility and tailings projects.
Chief Executive Officer Mark Allen bought 14,500 Hilton Food Group ordinary shares at £6.82 each on 15 September 2026. The market purchase increased his holding to 62,950 shares.
Oxford Nanopore has secured an immediately enforceable preliminary injunction stopping MGI Tech GmbH from supplying Cyclone Sequencing Systems in the UK, Germany, France and other named markets, pending appeal. The patent dispute remains unresolved, with trial scheduled for October 2027.
Rockhopper Exploration raised approximately US$20 million (approximately £14.4 million) from its Open Offer, which was approximately 118% subscribed. The 20,529,259 new shares are expected to be admitted to trading on 18 September 2026.
Babcock has started FY27 trading in line with expectations, supported by continued strong performance in Nuclear and Aviation and robust defence demand. It also launched a further £200 million buyback and issued a £250 million six-year bond to extend debt maturities.
Wudinna tests recovered 70% neodymium and praseodymium and 67% dysprosium and terbium at a 0.3 M lixiviant level. Commercial reagent consumption and preferred operating conditions remain unestablished pending Scoping Study work.
Clinical Proof of Mechanism for preCISION Platform
Avacta reported clinical proof of mechanism for AVA6103 in the Phase 1 FOCUS-01 trial, with clean safety through three dose levels including a payload dose 50% above conventional exatecan's maximum tolerated dose. First efficacy data are anticipated in H1 2027.
Ilika has appointed retired Major General Robin Anderton-Brown as a strategic defence-sector adviser, adding military procurement, logistics and communications experience. The role is intended to support deployment of Goliath solid-state batteries into defence and strengthen links to additional markets.
Filtronic has won an $8m (£5.9m) follow-on satellite prototype contract from a US customer, extending a relationship that included an $8.0m amplifier order in March 2026. Revenue is expected across FY2027 and FY2028, with completion in H1 FY2028.
Sylvania bought 100,000 Ordinary Shares at an average 89.4 pence per share on 15 September 2026, placing them in treasury. Treasury holdings now total 12,937,534 Ordinary Shares, while future buyback purchases will be reported weekly rather than daily.
Aterian's Eastinco subsidiary has begun a tungsten ore and concentrates trading trial, supported by an intended approximately £180,000 working-capital convertible loan note. Scale-up to a full trading platform depends on traceability due diligence and initial trades, while the note converts at 25 pence per share.
Talking Medicines has launched Intent to Prescribe within its DrugVoice platform, enabled by point-of-care data partnerships. The development is relevant to Tern through its 23.8% equity holding.
Helix Exploration spudded the Ollie #1 well at Rudyard on 14 September 2026, targeting formations already producing from existing wells. The planned fourth Northern Dome production well is expected to take approximately 21 days to drill before testing determines whether it can be connected to existing infrastructure.
Smith & Nephew has priced a cash offer to repurchase up to U.S.$250 million of 2.032% notes due 2030 at U.S.$878.90 per U.S.$1,000 principal amount. The financing condition has been satisfied, although other offer conditions remain.
Quadrise's Utah partner Valkor has started drilling two pilot wells after a study confirmed the modified enhanced oil recovery project's technical viability. Further progress remains conditional on Valkor receiving project funding and paying the US$0.95 million outstanding site licence fee.
Brave Bison's fourth offer for System1 was unanimously rejected as not representing fair value, leaving the proposed acquisition unresolved. The cash-and-shares proposal implied 328.9 pence per System1 share, a 1.8 per cent. discount to System1's 335.0 pence closing price.
Transense Technologies expects to announce final results for the year ended 30 June 2026 on Tuesday 22 September 2026, with no financial performance details included in the notice.
Kerry Group will appoint John Kennedy as a non-Executive Director and member of its Sustainability Committee from 15 September 2026, adding to the board's sustainability oversight.
Proteome Sciences has appointed Helen Spice FCA as an independent non-executive director with immediate effect. Spice was chief financial officer of KPMG International from 2008 to 2015, adding senior finance experience to the board.