Tungsten run rates impacted by Covid-19 lockdowns
20th Jul 2020 09:13
(Sharecast News) - Financial management software group Tungsten said on Monday that it had experienced a reduction in overall run rates over the last three months as a result of coronavirus-related lockdowns.
Read moreTungsten Corporation still confident in meeting earnings expectations
10th Mar 2020 15:48
(Sharecast News) - Tungsten Corporation reported a 3% rise in year-to-date third quarter revenue in an update on Tuesday, to ?27.1m.
Read moreTungsten turns in Q1 profit on improved revenues
19th Sep 2019 08:32
(Sharecast News) - Electronic invoicing specialist Tungsten swung to a profit in the first quarter of its trading year, driven by improved revenues and cost containment.
Read moreTuesday broker round-up
30th Apr 2019 13:23
(Sharecast News) - Nexus: Numis downgrades to add with a target price of 165p.
Read moreTungsten swings to a profit as margins and revenues improve
25th Feb 2019 11:02
(Sharecast News) - Business transaction network Tungsten swung to an EBITDA profit in the third quarter of its trading year following a bump in revenues and an improved gross margin.
Read moreTungsten Corporation drops as revenue growth falls short
13th Dec 2018 11:27
(Sharecast News) - Tungsten Corp's shares fell on Thursday as interim revenue growth failed to meet expectations but still helped to reduce interim losses.
Read moreMonday broker round-up
23rd Jul 2018 12:53
(Sharecast News) - Hargreaves Lansdown: Jefferies downgrades to underperform with a target price of 1,650p.
Read moreTungsten completes £30m sale of its bank to Wyelands
22nd Dec 2016 07:32
(ShareCast News) - Tungsten Corporation, an e-invoicing network, completed the sale of its bank to Liberty house tycoon Sanjeev Gupta's Wyelands Holdings for close to £30m. After completion on Wednesday, the AIM-listed company received the final £25m cash for the sale of Tungsten Bank, now renamed W
Read moreTungsten Bank gains regulatory approval to be sold to Wyelands
16th Nov 2016 08:19
(ShareCast News) - Tungsten Corporation, an e-invoicing network, has received UK regulatory approval to sell its bank to Liberty house billionaire Sanjeev Gupta's Wyelands Holdings for £30m, which is expected to complete on 21 December. The sale of Tungsten Bank has gained regulatory approvals from
Read moreHMRC erroneously applies to wind-up Tungsten subsidiary
13th Oct 2016 12:12
(ShareCast News) - Tungsten Corporation was the subject of an administrative tax error, it said on Thursday, after a notice was published in the London Gazette on 10 October regarding an application for a winding-up order made against a subsidiary, Tungsten Network Limited. The AIM-traded firm said
Read moreTungsten Corp. narrows full year loss
25th Jul 2016 15:16
(ShareCast News) - Online invoice group Tungsten Corp. narrowed its full year losses as revenue grew on the back of higher total invoice volumes. The earnings before interest tax, depreciation and amortisation (EBITDA) loss fell to £18.7m in the year to 30 April 2016 from a loss of £25.2m in 2015. R
Read moreTungsten rejects Truell offer as he resigns from board
21st Mar 2016 07:58
(ShareCast News) - Payments invoicer Tungsten Corp said on Monday that it has rejected an offer from former chief executive Edi Truell, who has now resigned from the board. Tungsten said it received an outline of a new transaction from Truell on Saturday, which did not involve an offer for the compa
Read moreTungsten Corp says third quarter in line with market views
9th Feb 2016 10:13
(ShareCast News) - Tungsten Corporation said trading in the third quarter was in line with market expectations and revenue for the full year is expected to be broadly in line with previous guidance. The electronic invoicing, analytics and financing company continues to expect an earnings before inte
Read moreSunday share tips: Britvic, Tungsten, Optibiotix
19th Jul 2015 17:49
(ShareCast News) - Shares in drinks maker and Wimbledon tennis sponsor Britvic are worth buying ahead of its third-quarter trading statement next Thursday, advised Questor in the Sunday Telegraph. The sunny weather in the UK and France should boost performance in the period, with analysts expecting
Read moreTungsten Corp to expand services in India
11th Mar 2015 10:39
Technology company Tungsten Corporation has said it has received approval to deliver electronics invoices in India, as the group looks to expand its business. The AIM-listed company, which operates the world's largest compliant electronic invoice network, the so-called Tungsten network, hailed the n
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