Stunning update | Ahead again | Cash rich
An online financial trading business continues to benefit from its B2B offering and market volatility, bringing a big rise from the shares. Elsewhere, decent results from a software group brought a muted reaction from the stock market. The AI risk looks overblow to us and the shares look decent value on many levels. Read on here for more on this and other news, including our assessment of the usual impeccable results from an elderly timber distributor.
AdvancedADVT: decent results, so why did the shares fall? AdvancedAdvT (AIM: ADVT), the software solutions provider for compliance and human capital management sectors, announced what at first glance appeared to be excellent full year results. It therefore came as a surprise that the shares fell back on the news. So, what upset the market? For the twelve months to 28 February 2026 revenue increased 23% to £53.4m with the all-important recurring revenue growing 24% to £43.2m and representing 81% of the total. Adjusted EBITDA rose 28% to £14.5m while pre-tax profit ‘before fair value movements on financial assets’ climbed 21%…