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) is an online marketing company based in Tel Aviv, Israel. It develops artificial intelligence-based algorithms to enable advertisers to “engage” better with customers by tracking them and attempting to predict their behaviour.
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.