Image Scan (#IGE) – stronger H2 as anticipated, argues “confidence for future growth in FY25 and beyond”

Image Scan – full-year results, “a strong operational and financial platform”… or not?

Previously writing on x-ray imaging company Image Scan (IGE), in October as the shares fell towards 1p I concluded that with the outlook and a now down to below £1.5 million market cap, the balance sheet should be reviewed closely on the full-year to 30th September results announcement… continue to avoid. With the shares last closing at 0.925p, the company has today announced those results.

Image Scan – warns on trading but argues “retain our optimistic outlook for the future”. Really?

Previously writing on x-ray imaging company Image Scan (IGE), in March with the shares up to 2.25p I questioned how “significant” is the loss to be? and concluded to avoid the shares. What of today a “trading update” and the shares currently a further more than 20% lower on the back of it, to just above 1p?

Image Scan Holdings – new industrial customer, but still just how “significant” is the loss to be?

X-ray imaging company Image Scan (IGE) has announced a “New Industrial Customer”, emphasising the customer is a automotive catalytic converters and diesel particulate filters “significant player… with a global manufacturing footprint” and “there is potential, over the next few years, for further orders”. So what of a current share price rise in response to 2.25p?...

Image Scan Holdings – orders “delayed”, just how “significant” is the loss?

Previously writing on X-ray imaging company Image Scan (IGE), in November with the shares falling below 2.65p I noted that I retained prior caution with the travel limitations and furlough having also benefitted costs and a period-end order book of £516k (2020: £633k). The shares last closed at 3p...but have currently halved on the back of a trading statement. So what’s going on?...

Image Scan Holdings – trading update, was share price rise in September justified?...

Previously writing on Image Scan Holdings (IGE), in September I reviewed does “Trading Update - New Orders” announcement justify 40% share price rise? – concluding with the shares at 3.35p I’d review a pre-close update scheduled for the next month and the subsequent results detail, but only on my watchlist. Today the pre-close trading update...

Image Scan Holdings – does “Trading Update - New Orders” announcement justify 40% share price rise?

A “Trading Update - New Orders”-titled announcement from Image Scan Holdings (IGE) sees the shares in response currently, at 3.35p, 40% higher. Is this justifiable?...

Image Scan Holdings – I having previously cautioned on swing to profit, now a trading update...

Previously writing on security and industrial inspection X-ray systems company Image Scan Holdings (IGE), I noted the shares up towards 2.5p on the back of a results announcement but that the outlook suggested to avoid. The shares have since, briefly, exceeded 3p and last closed at 2.75p before today a trading statement...

Image Scan (#IGE) – pandemic continued “adverse impact on the overall level of orders, particularly in security”

Image Scan Holdings – full-year results, shares ahead on swing to profit But...

Previously writing on security and industrial inspection X-ray screening systems company Image Scan Holdings (IGE), I concluded with the shares at 2.5p I’m still reiterating previous bank gains and now only on the watchlist stances. The shares last closed at 2.15p, but are currently back towards 2.5p on the back of a results announcement...

Image Scan (#IGE) – FY swing to £0.1m profit on revenue +50% to £3.5m, though “expect a challenging year ahead”

Image Scan Holdings – trading update, to emerge from the pandemic well-placed for the future?...

Previously writing on X-ray screening systems to the security and industrial inspection markets company Image Scan Holdings (IGE), in July with the shares at 2.65p I noted “delighted to announce” partnership programme… but a 55%+ share price rise?. The shares have since fallen back but, on the back of a trading update, are today up despite stock markets being down...

Image Scan – “delighted to announce” partnership programme… but a 55%+ share price rise?...

“Image Scan, (AIM: IGE) specialists in the field of X-ray imaging for the security and industrial inspection markets, announces signature of a partnership agreement with a major security technology company that will lead to the launch of a new range of security X-ray screening systems for the international market” – and the shares have currently responded to 2.65p, more than 55% higher!...

Image Scan (#IGE) – “promising start to the year”, “order intake has continued to meet management expectations”

Image Scan Holdings – “disappointing to be reporting a decline in sales and profits”… so why the share price rise?

X-ray screening systems company Image Scan Holdings (IGE) was previously featured on this website last month; bank a more than 100%, less than four week gain. Enjoy!. Now results for its year ended 30th September 2019…

Image Scan – bank a more than 100%, less than four week gain. Enjoy!

Image Scan Holdings (IGE) was our October tip of the month, less than four weeks ago at a 1.20p offer price and up to 1.35p (as per HERE). Having risen dramatically in recent days, the shares are now 2.60p to sell…

Image Scan Holdings – a buy? Hell Yes!

A “Pre-Close Trading Update” from X-ray screening systems manufacturer Image Scan Holdings (IGE) recently included “sales for the year ended 30 September 2019 were £2.4m (2018: £3.5m)… pre-tax trading loss for the year was approximately £370k (2017: profit of 49k)… the company currently holds high levels of stock, particularly part-complete portable X-ray systems”. That doesn’t sound good, BUT…

Image Scan (#IGE) – FY lower sales & a loss but order intake sees “better positioned at the start of FY 2020”

Image Scan (#IGE) – emphasises “excellent” contract win for next year, though this year expects “disappointing” loss “in the region of £400,000”

Image Scan (#IGE) – “delayed or postponed” overseas Government projects see it now expecting to make a FY loss