AIM movers: Bango efficiency improves and Safestay revenues fall

Payments know-how supplier Bango (LON: BGO) grew interim revenues 3% to $25.9m, whereas annualised recurring revenues have been 31% greater at $20.4m. That is as a result of progress is coming from subscription revenue. Net revenues retention was 119% within the first half. Adjusted EBITDA rose from $6.7m to $9m. Restructuring is enhancing funds margins. Net debt was $8.7m on the finish of June 2026. The share worth recovered 13% to 69.5p.

Plastic merchandise producer Coral Products (LON: CRU) chief govt Ian Hillman and finance director Paul Rice have stepped down from the board, though they’re nonetheless employed by the corporate. David Low turns into interim govt chairman. Profitability has been under price range despite the fact that gross sales are as anticipated. The share worth rebounded 3.17% to three.25p.

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Oncology and heart problems therapies developer Thalia Therapeutics (LON: THAT) has accomplished preliminary chemistry synthesis of the siRNA gene-silencing medicines for its cardiovascular programme, THAT-002. This targets PCSK9 and lipoprotein(a), two components of heart problems threat. The share worth improved 4.35% to 0.6p.

Toys and leisure merchandise distributor Tandem (LON: TND) elevated interim revenues by 7% to £11.9m. There was a swing from a lack of £378,000 to a pre-tax revenue of £70,000. Net debt was £2.8m. Trading has obtained higher within the second half and gross sales progress accelerated to 9%. The share worth rose 4.17% to 187.5p.

FALLERS

Hostels operator Safestay (LON: SSTY) says persevering with interim revenues declined 11% to £8.4m as occupancy declined. This meant that Safestay fell into loss – though the corresponding interval would have been loss making with out a Covid insurance coverage cost. Property gross sales have decreased web debt by one-third to £16.2m. NAV is 20p/share. The share worth slumped 32% to eight.5p.

Great Western Mining Corporation (LON: GWMO) had money of €2.77m on the finish of June 2026 after a €1.14m money outflow from operations and funding within the first half of 2026. A maiden mineral useful resource estimate for the Defender tungsten prospect ought to be prepared within the subsequent few months. The share worth dipped 9.29% to three.175p.

Gemfields (LON: GEM) was hit by decrease than anticipated ruby recoveries, though group public sale revenues have been greater within the first half at $102.8m due to the December public sale shifting to February. Net loss after tax within the first half might be $73.5m after a $125.2m impairment cost on the ruby operation. The share worth declined 7.14% to three.25p.

Packaging producer Robinson (LON: RBN) says underlying working revenue might be in step with expectations in 2026. However, a major contract expires on the finish of 2026 and isn’t being renewed. This contributed £1m to annual gross revenue. This implies that 2027 revenue is prone to be much like 2026. The share worth fell 5.88% to 120p.