Small caps round-up: Omega Diagnostics, Oxford Biomedica, i-design ...
Also included in this round-up: Brainspark
The cash-point marketing company i-design said that revenues for the first half of its current financial year will be ahead of the same period of 2011. The group creates advertising solutions for banks and third parties through cash-point screens. A new contract with a Canadian bank has boosted turnover, with the firm now expecting to turn a small profit-before-tax for the full year.
The share price of medical diagnostics group Omega Diagnostics hit fever pitch after the firm revealed revenue for the year ended March 31st, 2012, is expected to be £11.12m, approximately 41% ahead of last year's result. On a like-for-like basis sales growth is approximately 5%.
Another medical firm, Oxford Biomedica, stormed higher after successfully completing a Phase I/II study of its ProSavin drug for treating patients with mid-stage Parkinson's Disease. The patients receiving the highest dosage of the treatment saw their motor function improve by 30%.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Executive Chairman, Justin Drummond and Non-Executive Directors, Haresh Kanabar and Alessandro Malacart have resigned "with immediate effect to pursue other projects" from leisure and entertainment investment firm Brainspark. The company has had a torrid time of late, dropping 62% this year. Commenting on Drummond's departure the group's Chief Executive Alfredo Villa said: "Justin joined the board in February of this year at a very difficult time for the company, but his contribution during his short tenure, particularly his ability to quickly raise money for us, has left Brainspark in a much stronger position."
BS
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Could your family be at risk of an unexpected tax bill? How to keep your loved ones in the loop
Many families are out of the loop when it comes to planning the financial aspects of both retirement and inheritance
-
Rightmove: Glut of homes for sale in southern England drives asking price drop
Asking prices are 0.1% lower than a year ago, according to the property website, driven by challenges in affordability-stretched London and the south