GenIP (GNIP), a technology business providing Generative Artificial Intelligence (GenAI) services, issued the following trading statement for H1 2025. GenIP said it continues to build momentum.
The Company’s cash balance increased to $1,077k at 30 June 2025 (31 December 2024: $972k) driven by record orders and effective cost controls. In the first half of 2025, we secured $488k in new orders, including material contract wins in Asia, expanding our catchment market, which have positively impacted working capital. Total orders received since GenIP’s AIM listing in October 2024 stand at $981k, and the outstanding order book totals $813k, providing visibility of revenue generation in H2 2025.
Comment: GNIP has highlighted a growing order book and cash balance in its RNS, something which is clearly the result of momentum building in the business, certainly more quick and of a greater magnitude than the market has thus far been factoring in.
Ajax (AQSE:AJAX), the natural resources investment company announced an update on the second closing of the Subscription, first announced on 23 May 2025. As set out in the Announcement, the Company has sought to raise up to £1.5m through the subscription for new ordinary shares of 1 pence. Following the successful first closing raising gross proceeds of £1.0m at 4 pence per Ordinary Share, as announced on 17 June 2025, the Company confirms that the second closing is set for 11.59 pm BST today. The price of this second closing has been revised to 4.5 pence per Ordinary Share (from the 5 pence announced on 11 July 2025) and details regarding the number of Ordinary Shares issued under the second closing of the Subscription will be announced on 28 July 2025.
Comment: Investors have until just before High Noon to get on board the AJAX steam train, mindful of the great deal the company has done in acquiring Eureka, expanding the footprint there, being in the hottest commodities, and developing the asset on the cheap.
capAI (CPAI) announced that, following receipt of regulatory clearance, it has now executed a definitive Licence and Option Agreement with R42 Group LLC for Author42, its generative artificial intelligence (“AI”) publishing platform. CPAI said “The publishing sector is ripe for intelligent automation, and Author42 demonstrates what’s now possible. It’s a category-building opportunity, and capAI is now structurally positioned to lead.”
Comment: Another decent step forward is underlined here for the newly transformed CPAI. That said, it might be helpful to explain to generally under tech savvy Gen X investors, exactly what all of this actually means, and do this more often.
NatWest Markets Group (NWG) announced its Results for the half year ended 30 June 2025. NWM Group maintained its robust capital and liquidity position in H1 2025 and reported a profit of £89 million, compared with a profit of £83 million in H1 2024. Litigation and conduct costs increased by £27 million to £65 million. NWG said “The first half of the year saw a dynamic operating environment, with strong client activity against a backdrop of heightened geopolitical uncertainty. We captured opportunities presented by this environment, leveraged our deep customer relationships and capitalised on our strengths through a connected Commercial & Institutional segment, enabling us to extend the reach of our proposition. As a result, we produced a strong set of results for NWM Group, underpinned by a disciplined approach to balance sheet and risk management.”
Comment: Although being part of the Great British banking cartel means that companies like NWG have a license to print money, it can be seen that there are those pesky litigation / regulatory costs that always provide a shadow as far as performance is concerned.
Blackbird (BIRD) the developer of the market leading cloud video platform Blackbird and the browser-based collaborative editor elevate․io, announced the release of its first digital asset management functionality within elevate.io. Following the Company’s recent successful top-up raise, folders is part of a continual iteration of new feature releases. Earlier this month, elevate․io launched its first AI-powered tool: Text-to-Speech, enabling creators to generate natural-sounding voiceovers directly within their browser.
Comment: BIRD is certainly on the case as far as its flagship product elevate, finessing it to make it a market leading product in a high growth space. The market awaits adoption / sales figures with baited breath.
Pri0r1ty Intelligence Group (PR1), the AI, data and marketing services group, announced the launch of its Lightning Network Routing Node for Bitcoin transactions. Pr1bit, launched last month, is an additional paid SaaS offering designed to transform businesses by integrating Bitcoin payment processing and treasury management capabilities for them. Leveraging the power of AI and the industry leading infrastructure of Coinbase Commerce, Pr1bit enables businesses to accept Bitcoin payments seamlessly.
Comment: One has to give PR1 full marks for the flow of RNSs over the recent past, and the positioning of the company in its chosen area. Certainly, it is offering a full suite of services to the SME space. We await a tsunami of contract wins.
IntelliAM AI plc (AQSE: INT), a leading provider of software that leverages the power of AI and machine learning to revolutionize the manufacturing industry, announced that James Gayton has been appointed as Vice President of Sales.
Comment: A proper and successful Aquis listed company, using AI in a real world setting. Presumably the arrival of Mr Gayton will accelerate the business, and the rally in the shares sooner, rather than later.
Smarter Web Company (AQSE:SWC) announced its Interim Financial Statements to 30 April 2025. As of 24 July 2025, The Smarter Web Company PLC said it holds the following key treasury assets: Over £1 million in cash with no debt obligations; 1,825 Bitcoin, with a value of approximately £160 million, reflecting its confidence in the long-term potential of Bitcoin. SWC also announced it has bought another 225 Bitcoin.
Comment: The SWC strategy is clear and it had first mover advantage in the space, with the added bonus being that BTC is up nearly 20% since it announced its move in May. However, there will be some wondering when this Wile E Coyote will see its share price stabilise after the fall from 600p plus? The market cap is over three times the value of its BTC holdings. Answers on a postcard, and don’t forget to mention mNAV.
Mendell Helium (AQSE:MDH) updated on both progress and additional plans to commence Bitcoin mining. In addition to conducting a feasibility study to determine whether excess methane produced from M3 Helium’s wells could provide energy for a Bitcoin mining operation, the Company has also completed the onboarding process with a digital assets custodian and incorporated a new subsidiary, Mendell Digital LLC, as the holding vehicle for the Company’s Bitcoin mining operations. As announced on 27 June 2024, the Company has an option to acquire M3 Helium, a producer of helium which is based in Kansas and holds an interest in ten wells.
Comment: After the flurry in the shares when MDH went for a Bitcoin Treasury Strategy, it is time to get on with the day job, the helium business, and actually produce the stuff at scale.
Hydrogen Utopia International (HUI), a pioneer in transforming non-recyclable mixed waste into clean hydrogen, announced that, following the announcement dated 6 June 2025, HUI has now signed a binding outline agreement with InEnTec Inc. covering the MENA region. This Outline Agreement provides for an exclusive negotiation period of 180 days from the day of signing the Outline Agreement to negotiate a proposed access to exclusive licences for InEnTec’s advanced TRL9 waste-to-hydrogen technology across the Middle East and North Africa (“MENA”) region.
Comment: HUI is now officially open for business/good to go, in what it sees as being the best area to operate in (MENA), and with a proven technology. We await the speedy arrival of the first customer coming in through the door.
Helix Exploration (HEX), the helium exploration and development company with near-term production assets within the Montana Helium Fairway, announced the results of wireline testing at its Inez #1 well and to provide an operational update on the Rudyard Field testing programme and plant construction. HEX said “We are pleased to update the market on continued progress at the Rudyard Field project. Wireline results from Inez #1 look extremely encouraging with clearly defined gas bearing reservoir intervals in the Souris and Red River formations. Importantly, the wireline characteristics are similar to Linda #1, which is located two miles to the north in the same Field. While log correlation does not guarantee similar test outcomes, it provides a basis for further testing ahead of planned flow and gas composition testing at Inez #1.”
Comment: No doubt the market will appreciate and does appreciate the regular drilling updates such as today’s. That said, some guidance on when production will actually start would always be appreciated.
Rightmove (RMV), the UK’s largest property portal, today announced its unaudited results for the six months ended 30 June 2025. Revenue up 10% on H1 2024, as Estate Agency and New Homes developer partners invested in upgrading their packages and purchased incremental products; total membership increased 1% across Agency and New Homes, compared to June 2024. Underlying operating profit up 9% with underlying operating profit margin of 71% reflecting planned growth-focused investment and consistent with full-year guidance of 70%. £112.4m of surplus cash returned to shareholders.
Comment: RMV remains a poster child in terms of having first mover advantage in a permanently strong sector. It also has the bonus of being a winner in almost all market conditions, and has finessed its position successfully.
Venture Life (VLG), a leading innovator in the global consumer healthcare sector, announced the completion of the sale of its contract development and manufacturing operations, as well as select non-core products. The Company also provides a trading update for the six month period ended 30 June 2025. The ongoing business of the Group delivered revenues of £15.3 million in the Period, reflecting an increase of c.38% compared to the previous year (H1 2024: £11.1 million). On a proforma basis, revenues were c.11% higher than the same period in 2024. The newly acquired Health & Her/Him brands have contributed strongly to growth and generated revenues of £3.4 million, reflecting an increase of c.21% over the prior year on a proforma basis.
Comment: Shares of VLG are quite rightly up over 50% so far this year, something which the numbers released today more than justify. The only missing ingredient, if there is one, is a relative lack of profit for the company in the market, and amongst investors.
Mitchells & Butlers (MAB) issued a Trading statement covering the 42 weeks ended 19 July 2025. MAB said it was “Building on a strong performance through the first half, sales growth has remained well ahead of the marketa through the third quarter, benefiting from Easter and recent sunny weather to increase like-for-like sales growth for the year to date to 4.5%.”
Comment: While we are told we are losing a pub a day, it is clear that there is a divide in the hospitality sector between the larger players who have the economies of scale and the ability to absorb the effects of headwinds buffeting the sector, and the minnows.
Metals One (MET1), a minerals exploration and development company, announced it has agreed terms for an exclusive right to acquire 75% of two U.S. companies with mineral claims in Colorado and Utah from Thor Energy PLC (ASX/AIM: THR). The claims are Vanadium Kings, Radium Mountain and Wedding Bell which host uranium and vanadium mineralisation.
Comment: Another day, another RNS from MET1, underlining the way that the company is engaged in a speedy land grab in its main focus that of betting on uranium. The question now is when all of this will kick in to turn the share price back up from sub 10p?
Disclaimer & Declaration of Interest:
The information, investment views, and recommendations in this Zaks Traders Cafe interview are provided for general information purposes only. Nothing in this interview should be construed as a promotion or solicitation to buy or sell any financial product relating to any companies under discussion or referred to or to engage in or refrain from doing so or engage in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion.
