Webis Holdings plc

WEB

GB0004126271

Casinos & Gaming

Market Closed - London S.E. Other stock markets 11:35:29 2024-04-26 am EDT			5-day change	1st Jan Change
1.15 ^GBX	0.00%		-4.17%	-20.69%

Feb. 27	EARNINGS AND TRADING: Synectics profit jumps; Webis loss widens	AN
Feb. 27	Webis Holdings Remains Optimistic Trading Will Improve In Line With Expectations	RE

AIM WINNERS & LOSERS: Bidstack surges as reaches Azerion settlement

December 22, 2023 at 04:56 am EST

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

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AIM - WINNERS

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Bidstack Group PLC, more than double at 0.66 pence, 12-month range 0.20p-3.10p. Shares in the in-game advertising firm surge. Bidstack says it has reached a settlement and new commercial partnership with Azerion Technology BV. A total payment of EUR3 million will be made by Azerion for the settlement. Following the settlement, Bidstack and Azerion will enter into a new commercial partnership which will be operational in early 2024. "Bidstack will work with Azerion's supply side platform, Improve Digital on a non-exclusive basis to enable Azerion to access Bidstack's premium gaming inventory," the company says. Bidstack launched legal action against Azerion at the start of 2023.

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Webis Holdings PLC, up 29% at 1.29p, 12-month range 0.92p-3.00p. Webis, which is the operator of WatchandWager Cal Expo, says its advanced deposit wagering business, WatchandWager.com LLC has renewed its agreement with Monarch Content Management Group to accept wagers on all Monarch-operated racetracks in 2024. Monarch manages the wagering and the live-video streaming services for 15 racetracks, including Gulfstream, Santa Anita, Del Mar, Laurel, and Pimlico.

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AIM - LOSERS

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Ferro-Alloy Resources Ltd, down 36% at 5.06p, 12-month range 5.01p-13.05p. says that revenue and profitability in the fourth quarter of 2023 has been lower than previously expected due to metal prices and production shortfalls. Market prices for all of the recovered metals have deteriorated significantly during the quarter, largely due to decreased demand, it explains. "Looking ahead to 2024, the company will continue to work to maintain profitability in the current low-price environment by renegotiating concentrate costs and other contractual terms. The company is also experimenting with new types of concentrate which, whilst producing the same quality of product, could be potentially more profitable," Ferro-Alloy adds.

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By Sophie Rose, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
FERRO-ALLOY RESOURCES LIMITED	4.95 GBX	0.00%	+4.21%	29.79M
WEBIS HOLDINGS PLC	1.15 GBX	0.00%	-4.17%	5.63M
BIDSTACK GROUP PLC	0.225 GBX	-.--%	-.--%	3.65M

Latest news about Webis Holdings plc

EARNINGS AND TRADING: Synectics profit jumps; Webis loss widens	Feb. 27	AN
Webis Holdings Remains Optimistic Trading Will Improve In Line With Expectations	Feb. 27	RE
Earnings Flash (WEB.L) WEBIS HOLDINGS Posts Fiscal H1 Revenue $5.9M	Feb. 27	MT
Webis Holdings plc Reports Earnings Results for the Half Year Ended November 30, 2023	Feb. 27	CI
Investors feel icy ahead of US inflation data	Dec. 22	AN
Webis Holdings surges as inks renewal with Monarch for US racetracks	Dec. 22	AN
AIM WINNERS & LOSERS: Bidstack surges as reaches Azerion settlement	Dec. 22	AN
Webis Holdings plc Reports Earnings Results for the Full Year Ended May 31, 2023	Nov. 30	CI
Webis Issues GBP1 Million Convertible Loan Note to Fund Expansion, Repay Debt	23-09-15	MT
Webis Holdings plc announced that it expects to receive £0.75 million in funding from Galloway Ltd.	23-09-14	CI
Webis Holdings plc Reports the Death of Senior Independent Non-Executive Director Sir James Mellon Kcmg	23-07-05	CI
AIM WINNERS & LOSERS: Live Co up on strong ticket sales for Formula E	23-02-24	AN
Webis Holdings revenue drops as California rain sees races cancelled	23-02-24	AN
FTSE 100 higher before US inflation print	23-02-24	AN
Webis Holdings plc Reports Earnings Results for the Half Year Ended November 30, 2022	23-02-24	CI
UK shareholder meetings calendar - next 7 days	23-01-27	AN
UK shareholder meetings calendar - next 7 days	23-01-26	AN
UK shareholder meetings calendar - next 7 days	23-01-25	AN
UK shareholder meetings calendar - next 7 days	23-01-24	AN
UK shareholder meetings calendar - next 7 days	23-01-23	AN
TRADING UPDATES: Webis wins racetrack deal; Plexus confident	22-12-23	AN
Earnings Flash (WEB.L) WEBIS HOLDINGS Posts FY22 Revenue $53.6M	22-11-29	MT
Webis Holdings plc Reports Earnings Results for the Full Year Ended May 31, 2022	22-11-29	CI
Webis' Advanced Deposit Wagering Business Receives License Renewal In US	22-11-23	MT
Webis shares up as WatchandWager renews two-year California license	22-11-23	AN

Chart Webis Holdings plc

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Company Profile

Webis Holdings plc is an Isle of Man-based gaming company. The Company operates through two segments: Advanced Deposit Wagering (ADW) and Cal Expo Harness Racetrack (Racetrack). The ADW segment is engaged in the provision of online ADW services to enable customers to wager into global racetrack betting pools. The Racetrack segment is hosting races through the management and operation of a racetrack facility, enabling patrons to attend and wager on horse racing, as well as utilize simulcast facilities. Its subsidiaries, WatchandWager.com Ltd, operates a totalizator wagering hub through its United States Tote supplier, which enables it to conduct its ADW business by passing wagers directly into global racetrack betting pools in real time. Its subsidiary, WatchandWager.com LLC, provides pari-mutuel, or pool-betting, wagering services through a number of distribution channels to a global client base. It holds United States pari-mutuel licenses for its ADW business in the United States.

Sector

Casinos & Gaming

Calendar

2024-11-27 - Q4 2024 Earnings Release (Projected)

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