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)
Subscribe to 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
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.
-
What happens if you can’t pay your tax bill, and what is "Time to Pay"?Millions are due to file their tax return this Friday as the self-assessment deadline closes. Though the nightmare is not over until you pay the taxman what you owe - or face a penalty. But what happens if you can't afford to pay HMRC your tax bill, and what is "Time to Pay"?
-
What does Rachel Reeves’s plan for growth mean for UK investors?Rachel Reeves says she is going “further and faster” to kickstart the UK economy, but investors are unlikely to be persuaded
