Location Sciences Group (LSAI)

Sector:

IT Services

Index:

FTSE AIM All-Share

 0.45p
   
  • Change Today:
      0.000p
  • 52 Week High: 2.25
  • 52 Week Low: 0.40
  • Currency: UK Pounds
  • Shares Issued: 570.37m
  • Volume: 1,107,046
  • Market Cap: £2.57m

Revenues rise and losses narrow for Location Sciences

By Josh White

Date: Tuesday 15 Sep 2020

LONDON (ShareCast) - (Sharecast News) - Location Sciences Group reported a 43% improvement in its first-half revenue on Tuesday, to £0.65m.
The AIM-traded firm said revenues from its 'Verify' product were ahead 39% year-on-year, at £0.16m for the six months ended 30 June.

Administrative expenses were reduced by 35% to £0.79m, while the company managed to narrow its EBITDA loss by 63% to £0.33m.

Cash reserves at period end totalled £1.65m, up from £1.49m at the end of December.

"Although Covid-19 has impacted our short-term revenues from Verify, I'm encouraged by the medium-term strategic partnerships we are working on with key agencies and suppliers, particularly in the US," said chief executive officer Mark Slade.

"Launching our audience verification platform in the US following successful trials, has been a critical milestone for the business and we are optimistic this will start to have a meaningful impact on revenues in the final quarter of the year."

At 1215 BST, shares in Location Sciences were down 4.48% at 0.5p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

LSAI Market Data

Currency UK Pounds
Share Price 0.45p
Change Today 0.000p
% Change 0.00 %
52 Week High 2.25
52 Week Low 0.40
Volume 1,107,046
Shares Issued 570.37m
Market Cap £2.57m

LSAI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
10.62% below the market average10.62% below the market average10.62% below the market average10.62% below the market average10.62% below the market average
30.53% above the sector average30.53% above the sector average30.53% above the sector average30.53% above the sector average30.53% above the sector average
Price Trend
94.65% below the market average94.65% below the market average94.65% below the market average94.65% below the market average94.65% below the market average
96.04% below the sector average96.04% below the sector average96.04% below the sector average96.04% below the sector average96.04% below the sector average
Income Not Available
Growth
59.30% above the market average59.30% above the market average59.30% above the market average59.30% above the market average59.30% above the market average
70.21% above the sector average70.21% above the sector average70.21% above the sector average70.21% above the sector average70.21% above the sector average

LSAI Dividends

No dividends found

Trades for 30-Oct-2020

Time Volume / Share Price
14:26 95,000 @ 0.47p
14:14 248,520 @ 0.41p
11:21 28,288 @ 0.41p
10:09 206,204 @ 0.41p
10:07 527,244 @ 0.47p

LSAI Key Personnel

CEO Mark Slade
CFO David Rae

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