AIM movers: EnSilica revenue forward of expectations and Orcadian Energy associate withdraws
Fabless chip maker EnSilica (LON: ENSI) elevated revenues by 53% to £27.8m and made an underlying pre-tax revenue of £2.36m, having made a loss within the earlier yr. There was a bigger than anticipated R&D tax credit score. Supply revenues have been decrease than anticipated however design revenues offset that and they need to flip into further provide contracts sooner or later. Net money was £3.1m on the finish of May 2026 and there was a subsequent fundraising of £14.9m at 91p/share. An workplace has been opened in Milan and additional investments are being made. The share worth gained 13.5% to 84p.
Hercules (LON: HERC) has been awarded £5m of latest contracts within the water sector. Most of those contracts are within the Thames Water area and must be accomplished within the subsequent six months. The share worth elevated 8.7% to 37.5p.
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Dowgate now not has a notifiable stake in Transense Technologies (LON: TRT). It beforehand owned 4.5%. The share worth improved 6.17% to 43p.
Tower Resources (LON: TRP) has acquired formal documentation for the extension to the preliminary exploration interval for the 100% owned Thali licence. This is vital within the farmout of a 42.5% stake to Prime Global Energies and the drilling of nicely NJOM-3 on the Njonji construction, which might occur within the second quarter of subsequent yr. This ought to verify that the oil discovery is industrial. No additional fundraising is required this yr. The share worth rose 5.56% to 0.019p.
FALLERS
Shares in ATOME (LON: ATOM) returned from suspension after the publication of the 2025 accounts and the newest interims. In the primary half of 2026, the loss was $12.2m. Net money was $4.3m on the finish of June 2026. Chairman Peter Levine is offering a brand new facility of as much as £2.5m. There is uncertainty over the Villeta that has constructed up over the suspension interval. The share worth halved to 14.5p.
Orcadian Energy (LON: ORCA) has agreed to terminate the joint improvement settlement with a US developer of offshore knowledge centre transport systems. The scope and timeline for the Earlham improvement didn’t align with the potential associate’s priorities. Orcadian Energy is speaking with different companions. The share worth dives 21.7% to 13.5p.
Premier African Minerals (LON: PREM) has raised £1.2m at 0.00436p/share. This shall be invested within the Zulu lithium and tantalum mission. The share worth declined 18.4% to 0.00445p.
Rockhopper Exploration (LON: RKH) shares have fallen 14.7% to 51.8p due to fears about sanctions being positioned on these concerned within the Sea Lion mission and different Falkland Islands actions. Two contractors are being changed, however Navitas, the operator of the oil mission, says that this could not have a fabric hostile impact on the mission.
