Limitless Earth (LME)

Sector:

Financials

 10.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 20.00
  • 52 Week Low: 9.30
  • Currency: UK Pounds
  • Shares Issued: 65.40m
  • Volume: 14,200
  • Market Cap: £6.87m
  • RiskGrade: 103

Limitless Earth narrow first-half losses

By Iain Gilbert

Date: Tuesday 30 Oct 2018

LONDON (ShareCast) - (Sharecast News) - AIM-listed tech and life sciences investor Limitless Earth saw narrowed losses throughout the first half of its trading year on the back of an improved finance income.
In its he firm's total investments held for trading rose 4.4% to £1.6m by the end of July, while cash on the balance sheet shrank 25% to £591,504.

Finance income soared 357% to £28,496 year-on-year in the six months ended 31 July, while pre-tax losses narrowed 9.61% to £55,427 as admin expenses increased 24% to £83,923.

Existing investments had progressed in line with expectations, the company said, highlighting the "exciting potential" from its investment in Italian industrial waste recycling company Saxa Gres.

In May, Limitless sold down its equity stake in Saxa Gres from 2.5% to 2.38% as the company bought a factory from Ideal Standard. Limitless also sold some of its loan notes holds, leaving a holding of €500,000 of notes.

Limitless also revealed it had been looking at several new potential investments throughout the half, with due diligence opened on multiple potential new investments - some of which were ongoing.

As of 0920 BST, Limitless shares had picked up 2.04% to 5.74p.

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

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Limitless Earth Market Data

Currency UK Pounds
Share Price 10.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 20.00
52 Week Low 9.30
Volume 14,200
Shares Issued 65.40m
Market Cap £6.87m
RiskGrade 103

Limitless Earth Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
33.42% below the market average33.42% below the market average33.42% below the market average33.42% below the market average33.42% below the market average
45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average
Price Trend
59.31% below the market average59.31% below the market average59.31% below the market average59.31% below the market average59.31% below the market average
48.91% below the sector average48.91% below the sector average48.91% below the sector average48.91% below the sector average48.91% below the sector average
Income Not Available
Growth Not Available

Limitless Earth Dividends

No dividends found

Trades for 27-May-2022

Time Volume / Share Price
08:01 14,200 @ 9.30p

Limitless Earth Key Personnel

CFO Nilesh Kumar Jagatia
CEO Guido Contesso

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