AIM weekly movers: Optimistic information from Gelion
Sulfur battery know-how developer Gelion (LON: GELN) reported full yr outcomes forward of expectations with revenues of £2.46m and a pre-tax lack of £5.33m. Net money was £7.55m on the finish of June 2026 and that ought to cowl the subsequent monetary yr. Earlier this week, there was optimistic information of the unbiased testing of its Nano-Encapsulated Sulfur (NESTM) Cathode Active Material (CAM) by National Laboratory of the Rockies (NLR) underneath the Cooperative Research and Development Agreement (CRADA), which confirmed Gelion’s personal exams of its know-how. The share worth jumped 39.6% to 18.5p.
Medical imaging know-how supplier Ixico (LON: IXI) has gained two contracts for programmes associated to Alzheimer’s illness. They are price £1.5m. The order ebook was beforehand price £16m. The 2025-26 revenues shall be higher than anticipated. The share worth rebounded 29% to 10p.
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Arkadian Strategic Metals (LON: AKN) has accomplished an preliminary programme of pattern assortment on the higher Jack Williams west drive of the Clogau gold mine. This has uncovered the vein for geological inspection. The pilot plant is processing materials. The firm has agreed to promote its curiosity within the Horse Hill oil venture for £137,000. It has additionally issued proceedings towards McKnight Resources AB for particular efficiency and breach of contract in relation to the Finnsbo Project in Sweden. The share worth improved by one-fifth to 0.009p.
Arrow Exploration (LON: AXL) says manufacturing has reached a brand new excessive of greater than 6,500 boe per day as two new wells come onstream. Natural declines in older wells are anticipated however fourth quarter expectations of 5,700 boe per day could possibly be crushed. Cash was greater than $28m on 1 October 2026. The share worth gained 14.9% to 42.5p.
FALLERS
Catenai (LON: CTAI) says Innovate UK Loans has filed for the appointment of an administrator for investee firm Klarian. Catenai offered a £450,000 unsecured convertible mortgage word facility. When curiosity and charges are included, the quantity owed is greater than £762,000. The share worth declined 47.7% to 0.0575p.
Invinity Energy Systems (LON: IES) shares additionally returned from suspensions after finishing a retail provide and subscription. The vanadium stream battery know-how developer raised £2.8m in a retail provide and the whole raised was £25m. The firm was in search of a minimal of £20m. Cornerstone financial backing of £12.5m was made by National Wealth Fund. Cash shall be invested in accelerating product improvement and manufacturing, in addition to masking ongoing losses. The share worth slipped 35% to 11.5p.
Litigation Capital Management (LON: LIT) has acquired a termination discover from a funded social gathering due to an alleged breach of a litigation funding settlement regarding a collective motion within the Competition Appeals Tribunal. Litigation Capital Management disputes the validity of the termination and it has invested A$2.7m within the case, whereas the ebook worth is A$2.4m. The share worth fell 33.2% to 0.401p.
Education providers supplier Malvern International (LON: MLVN) says underlying full yr revenues improved from £12.6m to £14.4m. However, there was a swing from a small optimistic EBITDA to a lack of £2.5m, together with a £700,000 loss on the closed Adult English Language Teaching (ELT) corporate affairs. Net money was £700,000 on the finish of September 2026. An additional loss is anticipated this yr. The share worth slid 28.3% to eight.25p.
