Zamano's shares plummet as it struggles to stay afloat
3rd Feb 2017 09:28
(ShareCast News) - Zamano, an AIM-listed European provider of interactive applications and services to mobile devices, has announced that it may have to close down its dwindling business operations in order to protect its cash position. Since the company's launch of Payforit, a joint initiative of m
Read moreZamano notes mixed H1 trading, upbeat on sales and cash generation
25th Aug 2016 13:08
(ShareCast News) - Zamano said its overall trading was mixed in the first half, but noted significant increases in both sales performance and cash generation. "This was offset by falling margins due to increased investment in advertising, a changing sales mix in the UK and some foreign exchange head
Read moreZamano to focus on bolt-on acquisitions
4th Aug 2016 12:25
(ShareCast News) - AIM-listed Zamano said on Thursday that it will look to make bolt-on acquisitions as it repositions the business into higher added-value, growth orientated activities. In a statement ahead of its annual general meeting, Zamano said a strategic review carried out on behalf of the c
Read moreZamano CEO Ross Conlon resigns
10th May 2016 16:27
(ShareCast News) - Zamano CEO Ross Conlon tendered his resignation with immediate effect this week, with the company saying he was leaving to pursue other interests. Conlon joined the AIM-traded firm in 2007 as part of its acquisition of Red Circle, and had held a number of senior roles prior to his
Read moreZamano says offer talks have ended
23rd Oct 2015 08:08
(ShareCast News) - Zamano said the talks it had entered into in August regarding a possible takeover offer have been terminated. On 3 August, the mobile payments and marketing company announced that it had received a preliminary and highly conditional approach regarding a possible offer at a price o
Read moreZamano sales up 19pc, but no news on takeover
16th Sep 2015 16:41
(ShareCast News) - Zamano on Wednesday reported a 19.3% increase in sales for the period ending 30 June, up to €10.404m from €8.718m. The interactive mobile app and services provider also saw an 8.49% increase in gross profit to €2.582m. It also continued to improve its balance sheet position, with
Read moreZamano still looking for a potential takeover
6th Aug 2015 14:51
(ShareCast News) - Mobile devices applications provider Zamano said it continued to seek acquisitions which would meet its investment criteria. The group said in a short update ahead of its annual shareholder meeting that, following a good performance in 2014 thanks to a discipline on costs, it has
Read moreZamano rockets after confirming takeover approach
3rd Aug 2015 13:33
(ShareCast News) - Shares in Zamano rocketed after the company confirmed it has received a preliminary takeover approach at an offer price of €0.20 per Zamano share. Zamano, which offers mobile business solutions including a high-volume messaging gateway and secure mobile payments, said the offer wa
Read moreZamano zips higher as mobile app sales zoom
19th Mar 2015 09:35
Shares in the mobile devices applications group Zamano jumped by nearly 17% after reporting strong full-year results. Revenues rose 23.9% to €19.86m and profits before tax increased 13.5% to €2.2m, driving earnings per share up to 0.019c from 0.017c. The group benefited from the continued global ri
Read moreZamano reports rise in first half profits and revenues
6th Aug 2014 16:04
Zamano, an European provider of interactive applications and services to mobile devices, reported an increase in revenues in the first half, following a a rise in sales in the UK and Australia. In trading statement on Wednesday, the company said it delivered growth in earnings before interest, tax
Read moreZamano revenues decline on US challenges
26th Sep 2013 11:38
Mobile commerce company Zamano reported a 4.7 per cent drop in half year revenues, which were largely due to problems in the US, it said Thursday. Pre-tax profits saw modest growth, from €0.95m to €0.98, helped by lower total administration expenses and sales costs. Revenues declined from €9.46m t
Read moreShanta Gold director builds stake after strong results
18th Apr 2013 16:27
Shanta Gold, an AIM-listed miner, announced Thursday that Luke Leslie, a Non-Executive Director of the company, bought 193,891 shares. Leslie, who joined the board in August last year, bought the shares at 13p each for a total of £25,206. On Monday the East Africa focused gold producing company
Read moreSector movers: Vodafone M&A talks boost telecoms stocks
2nd Apr 2013 15:19
M&A rumours surrounding phone-network giant Vodafone lifted the mobile telecommunications sector to the top of the pile on Tuesday. Vodafone, which has been the source of much speculation over recent weeks, saw its share price surge 5.6% to 197.05p in afternoon trade after the Financial Times said
Read moreSmall caps round-up: Byotrol, sareum, KDD ...
19th Jul 2012 12:07
Byotrol, an anti-microbial hygiene company, has continued to make progress and has maintained the momentum seen in the second half of last year into the current financial year. The balance sheet continues to remain strong and is well positioned to its objective of positive cash generation at the ear
Read moreSmall caps round-up: Andrews Sykes, Northbridge, Sceptre...
29th Sep 2010 13:47
Air conditioning unit hirer Andrews Sykes lifted profits to £7.11m, from £6.5m, in the half year to June, despite sales weakening a little to £27.6m. Overall, the board is cautiously anticipating a reasonable performance for the rest of 2010, it added. India-focused investment group EIH increased n
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