Microgen (Aim: MCGN) is a London-based software company with offices around the world, listed on Aim. It develops investment-administration software for fund managers, wealth managers and private banks, and financial accounting software for other companies.
In the six months to the end of June, the company made a pre-tax profit of £3.8m, up slightly from £3.7m in the same period last year. The firm's shares have risen by more than 80% in the last year and by almost 40% in the last month.
Be glad you didn't buy...
Adgorithms (Aim: ADGO)
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Adgorithms listed on Aim in June 2015, but soon after published two profit warnings that slashed its value by over 60%. The shares have continued to fall and are down more than 85% since listing.
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Nationwide: House price growth slows but market remained resilient despite Budget worriesThe average price of a house in the UK was £272,998 in November, as annual house price growth slowed to just 1.8%, Nationwide said.
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ChatGPT turns three: what’s next for the ‘AI era’?Three years after its launch kickstarted the age of AI, ChatGPT and its maker OpenAI are driving the stock market. But concerns are growing over whether OpenAI will be able to turn its AI dominance into profit.
