News Results for TechFinancials Inc (TECH)
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24 Nov
09:06TechFnancials acquires stake in vision assistance company RenewSenseFintech company TechFnancials said it had invested $148,000 via an equity round to take a 17% stake in vision assistance company RenewSenses. RenewSenses developed a wearable device that combined...
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16 Oct
08:02TechFinancials terminates plan for diamond-based ETFFintech software provider TechFinancials said its Cedex unit had decided to terminate plans to issue a diamond-based exchange-traded fund. The company cited its financial status and 'the current...
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11 Aug
13:58TechFinancials posts first-half loss as revenue fallsFintech software provider TechFinancials posted a first-half loss after its revenue fell and it wrote off investments. Pre-tax losses for the six months through June amounted to $0.49m, compared...
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19 Jun
14:06TechFinancials losses widen on lower revenue, asset writedownFintech software provider TechFinancials said its annual losses widened, owing to lower sales and an asset writedown. Pre-tax losses for the year through December amounted to $6.2m, compared to...
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02 Dec
07:58TechFinancials closes DragonFinancials business, to delist from AIMFintech company TechFinancials said it had decided to close loss-making business-to-business subsidiary DragonFinancials and delist from the AIM exchange in London. The delisting would mean the...
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28 Oct
13:10TechFinancials seals agreement to sell MarketFinancialsFintech software group TechFinancials said it had completed a share purchase agreement to sell its entire holdings in loss-making asset MarketFinancials to M&N Equity Research for €0.1m....
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15 Aug
09:11TechFinancials losses narrow despite fall in revenueTechFinancials reported narrower losses in the first half of the year despite a fall in revenue. For the six month period ended 30 June 2019, pre-tax losses narrowed to $1.07m from $1.11m a year...
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15 Jul
09:32TechFinancials to provide Footsies with convertible loanTechFinancials said it would provide a convertible loan of up to $300k to Footsies, a company that is developing a blockchain ticketing venture for sports venues and teams. TechFinancials, which...
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28 Jun
13:41TechFinancials extends completion date for MarketFinancials sale to end AugustFinancial software group TechFinancials said it had extended the completion date for the sale of its shareholding in MarketFinancials. Completion of the sale, for €100m, had been extended to the...
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18 Jun
09:38TechFinancials swings to loss as regulations crimp revenueFintech software provider TechFinancials swung to a full-year loss after tighter regulations hurt revenue. Pre-tax losses for the year through December amounted to $5.0m, compared to a profit of...
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31 May
13:40TechFinancials subsidiary Footies completes demo ticketing productTechFinancials said its Footies subsidiary had completed a demonstration ticketing product ahead of achieving its planned first sales later in the year. Footies was planning to fully digitise the...
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16 Jan
07:54TechFinancials sells MarketFinancials assets to ProverialFintech software supplier TechFinancials said it had agreed to sell its holdings in subsidiary MarketFinancials to Cyprus-based Proverial for €100k. TechFinancials has already flagged last March...
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28 Nov
13:21TechFinancials hails commencement of blockchain diamond exchangeFintech software provider TechFinancials said a blockchain diamond exchange in which it is invested had gone live, allowing investors to trade diamonds as a financial asset class. The Cedex...
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30 Oct
07:46TechFinancials agrees to form blockchain sports JV with Footies TechFintech software provider TechFinancials said it had signed a non-binding heads of terms with blockchain-based sports ticketing platform Footies Tech. The pair would work to establish a new...
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26 Jun
09:35TechFinancials slides into the red after large customer lossTechFinancials, a technology provider to brokers, swung into the red in 2017 after the loss of its biggest customer sapped revenue. Pre-tax losses amounted to $2.5m, compared to a profit of $1.3m...
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14 Feb
08:31TechFinancials director Hillik Nissani stands downTechFinancials said Hillik Nissani had stood down as a non-executive director following a decision to assume an executive role with another company. 'The board would like to thank Mr Nissani for...
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06 Feb
08:23TechFinancials terminates planned sale of non-core businessesTechFinancials said it had decided not to progress with a proposed sale of its shareholdings in non-core subsidiaries, B.O. TradeFinancials and MarketFinancials, to S. Win Holdings. As of 31...
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12 Jan
09:26TechFinancials welcomes Cedex updateTechFinancials said online diamond-trading exchange Cedex, in which it has invested, has received high demand for a private coin sale. TechFinancials currently holds a 2% interest in Cedex, with...
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28 Dec
07:35TechFinancials takes stake in blockchain-based diamond exchangeTechFinancials, a technology provider to financial trading brokers, has entered into a legally binding share purchase agreement with Cedex Holdings. Cedex will operate what TechFinancials believes...
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24 Nov
14:25TechFinancials agrees sale of subsidiariesTechFinancials said it has entered into legally binding Share Purchase Agreements with S. Win to sell its holdings in B.O. TradeFinancials and MarketFinancials. The subsidiaries, which the Company...
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23 Oct
09:26TechFinancials lends support to CedexTechFinancials said it has agreed to offer a loan to Cedex, a company that will operate a block chain-based online exchange for diamonds. TechFinancials will make unsecured loan funding of...
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01 Sep
07:36TechFinancials profits plunge after major customer lossTechFinancials, a provider of technology to financial trading brokers, swung to a pre-tax loss attributable to shareholders of $730,000 in the first half from a profit of $520,000 the year before....
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01 Sep
07:10FLASH: TechFinancials swings to a lossStory provided by StockMarketWire.com
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04 Jul
07:35TechFinancials sees H1 EBITDA loss of up to $0.4mTechFinancials Inc said in its H1 results it expects an EBITDA loss of no greater than $0.4m and that it is well positioned to meet headwinds facing the business. It saw H1 revenues in the region...
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04 Jul
07:08FLASH: TechFinancials sees H1 EBITDA loss of up to $0.4mStory provided by StockMarketWire.com
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11 May
13:13All resolutions passed at AGM of TechFinancialsTechFinancials has announced that, at the Annual General Meeting of shareholders held earlier today, all resolutions were duly passed. At 1:13pm: (LON:TECH) TechFinancials Inc share price was...
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06 Apr
09:24TechFinancials swings to FY pretax profit, revenue upTechFinancials has swung to a FY pretax profit of $4.1m, up from a loss of $376,000 a year previously, but warned of a challenging 2017 due to the loss of its largest customer. "The Group enjoyed...
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06 Apr
07:05FLASH: TechFinancials swings to FY pretax profit, revenue upStory provided by StockMarketWire.com
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02 Mar
09:19TechFinancials expects to receive $1.53m divi payoutTechfinancials has announce a final dividend pay-out of $3m by subsidiary DragonFinancials. The company was expected to receive $1.53m, in line with its 51% holding in the subsidiary. At...
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02 Mar
09:01FTSE mixed as Convatec leads blue-chips higherLondon equities opened mixed as investors took pause after Wednesday's US President Donald Trump-drive run-up, with the blue-chip index tentatively advancing further into uncharted waters and the...
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07 Feb
13:52TechFinancials mixed trading updateTechFinancials (AIM: TECH) says that it now expects to exceed market expectations for the year ended 31 December 2016, with revenues not less than $21M and EBITDA not less than $2.8M. The Company...
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23 Nov
07:21Tech Financials sees FY EBITDA ahead of viewsTechFinancials anticipates EBITDA will be ahead of market expectations for the year. It said trading in H2 2016 had been consistent with H1 results. "The Board therefore expects full year revenue...
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23 Nov
07:10FLASH: Tech Financials sees FY EBITDA ahead of viewsStory provided by StockMarketWire.com
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12 Sep
09:26FTSE down on potential US rate hikeThe FTSE 100 fell into the red amid fears of an unexpected September rate hike by the US Federal Reserve, the decline also followed a lower market in Wall St and mixed markets in Asia. Primark...
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12 Sep
07:54TechFinancials materially hikes H1 pretax profitTechFinancials has issued its unaudited interim results for the six-month period ended 30 June 2016. HIGHLIGHTS: - Revenue increased by 34% to US$9.86m (H1 2015: US$7.34m) - The core software...
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12 Sep
07:09FLASH: TechFinancials materially hikes H1 pretax profitStory provided by StockMarketWire.com
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03 Aug
08:59FTSE heads lower on house builders, financialsLondon equities quickly shrugged off initial gains to reverse lower, following falls on Wall St and in Asia overnight, as house builders and financials were dogged by sellers ahead of Bank of...
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03 Aug
07:13FLASH: TechFinancials reports strong H1 tradingStory provided by StockMarketWire.com
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08 Jul
15:50B.O.TradeFinancials fined by CySECTechFinancials subsidiary B.O.TradeFinancials has been fined €138,000 by the e Cyprus Securities and Exchange Commission. The fine was disclosed as a contingent liability in the preliminary...
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06 Jul
15:21TechFinancials resolutions passed at AGMTechFinancials has confirmed that all resolutions proposed at its annual general meeting today were passed. At 3:21pm: (LON:TECH) Techfinancials Inc Ord Usd0.0005 Di share price was 0p at 11.5p...
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05 Jul
07:06FLASH: TECH says B2B, B2C divisions performing wellStory provided by StockMarketWire.com
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26 May
07:13FLASH: TechFinancials swings to FY pretax lossStory provided by StockMarketWire.com
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22 Feb
15:15Director Deals - Techfinancials Inc Ord Usd0.0005 Di (TECH)Asaf Lahav, Chief Executive Officer, bought 29,549 shares in the company on the 22nd February 2016 at a price of 11.50p. The Director now holds 9,154,546 shares. Story provided by...
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22 Feb
15:15Director Deals - Techfinancials Inc Ord Usd0.0005 Di (TECH)Jeremy Lange, Executive Director, bought 20,000 shares in the company on the 22nd February 2016 at a price of 11.50p. The Director now holds 7,329,412 shares. Story provided by...
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22 Feb
15:15Director Deals - Techfinancials Inc Ord Usd0.0005 Di (TECH)Hillel Nissani, Non Executive Director, bought 30,000 shares in the company on the 22nd February 2016 at a price of 12.00p. The Director now holds 30,000 shares. Story provided by...
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18 Feb
14:15Director Deals - Techfinancials Inc Ord Usd0.0005 Di (TECH)Asaf Lahav, Chief Executive Officer, bought 25,000 shares in the company on the 18th February 2016 at a price of 12.00p. The Director now holds 9,124,997 shares. Story provided by...
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03 Feb
11:46TechFinancials joins forces with IBIDTechFinancials has announced that it has entered into a Joint Venture agreement with a Hong Kong registered company IBID Holdings in attempt to accelerate the growth of one of the B2C binary...
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05 Jan
13:10TechFinancials completes formation of JVTechFinancials has completed the formation of a joint venture with the owners of Optionfortune Trade Limited, a company registered in Hong Kong, to run a B2C binary options trading platform focused...
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07 Dec
15:20Director Deals - Techfinancials Inc Ord Usd0.0005 Di (TECH)Asaf Lahav, Chief Executive Officer, bought 10,000 shares in the company on the 3rd December 2015 at a price of 14.50p. The Director now holds 9,099,997 shares. Story provided by...
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18 Nov
17:30Director Deals - Techfinancials Inc Ord Usd0.0005 Di (TECH)Asaf Lahav, Chief Executive Officer, bought 5,714 shares in the company on the 17th November 2015 at a price of 17.50p. The Director now holds 9,089,997 shares. Story provided by...
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06 Nov
11:35Director Deals - Techfinancials Inc Ord Usd0.0005 Di (TECH)Asaf Lahav, Chief Executive Officer, bought 269,830 shares in the company on the 4th November 2015 at a price of 14.50p. The Director now holds 9,084,283 shares. Story provided by...
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06 Nov
11:35Director Deals - Techfinancials Inc Ord Usd0.0005 Di (TECH)Jeremy Lange, Executive Director, bought 220,260 shares in the company on the 4th November 2015 at a price of 14.50p. The Director now holds 7,309,412 shares. Story provided by...
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21 Oct
07:45TechFinancials' JVTechFinancials has entered a JV agreement with the owners of Hong Kong-registered Optionfortune Trade Ltd, which will run a B2C binary options trading platform focused on the Asia Pacific region....
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21 Oct
07:13TechFinancials in JV with Optionfortune Trade LtdStory provided by StockMarketWire.com
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17 Sep
07:08FLASH: TechFinancials's H1 pretax profit slumpsStory provided by StockMarketWire.com
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21 Aug
08:46FTSE sags on financials, pharmas, traces US, EuropeFTSE indices traced hefty falls in Europe this morning -- after torrid sessions on Wall St and Asia overnight -- as Greece returned to centre stage following PM Alexis Tsipras' resignation. A...
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21 Aug
07:14TECH's updateTechFinancials said revenue increased slightly to $7.34m in H1, from $7.15m. Operating performance improved marginally compared with the same period in 2014, but EBITDA, while positive, has been...
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21 Aug
07:09FLASH: TechFinancials issues less than upbeat trading statementStory provided by StockMarketWire.com
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01 Jul
10:34TechFinancials passes AGM resolutionsTechFinancials has announced that at the Annual General Meeting held today, all resolutions put to shareholders were duly passed. At 10:34am: (LON:TECH) Techfinancials Inc Ord Usd0.0005 Di...
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04 Jun
09:23TechFinancials swings to FY pretax profitTechFinancials, a software developer that supplies simplified trading solutions to online brokers, has issued its maiden set of final audited results for the year ended 31 December 2014....
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04 Jun
07:17FLASH: TechFinancials swings to FY pretax profitStory provided by StockMarketWire.com
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27 Apr
07:57TechFinancials updates on recent contract winsTechFinancials said since its successful admission to AIM (the "Admission") in March, TechFinancials is able to announce expansion of its client base with the completion and signing of eight new...
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27 Apr
07:09FLASH: TechFinancials updates on recent contract winsStory provided by StockMarketWire.com
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13 Apr
07:33TechFinancials Enters the US MarketTechFinancials has successfully established its position as preferred software provider for liquidity providers operating in the US binary options market. This follows a very successful first...
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13 Apr
07:03TechFinancials Enters the US MarketStory provided by StockMarketWire.com