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tinyBuild, East Star Resources, Sancus Lending, Synthomer, Quantum Blockchain, Quadrise
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tinyBuild (LSE:TBLD) shares rose sharply after the video games publisher swung to a $5.6 million EBITDA profit last year from a $6.1 million loss in 2024. Revenue grew 17% to $35.5 million, with survival shooter Deadside a big part of that story. East Star Resources shares are also moving higher after the company signed a joint venture with Hong Kong Xinhai Mining to develop its Kazakhstan copper deposit. Xinhai funds the whole $65 million development cost, leaving East Star with a free 30% stake in the mine. Sancus Lending Group had the biggest move of the day after the property lender nearly doubled new loan originations to ยฃ212.5 million. Profit before tax hit ยฃ1.2 million, up from just ยฃ100,000 the year before. Synthomer (LSE:SYNT) bounced after the chemicals group confirmed it won't be issuing new shares to cut its debt. Refinancing talks with lenders are described as proceeding constructively, and its biggest shareholder KLK is said to be very supportive. Quantum Blockchain Technologies (AIM:QBT) is moving closer to recovering money from its Sipiem case, with an Italian court scheduling a property auction for May the 6th. The company has recovered โฌ743,500 so far from a damages award worth over โฌ6 million. Quadrise (AIM:QED) has appointed Michael Covington to its board as a non-executive director. He brings over 30 years of experience across energy and finance, and is expected to take over as audit committee chair in due course. Follow us and subscribe on YouTube, our social channels and on proactiveinvestors.co.uk.
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