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Tungsten Corp PLC Ord 0.438P (TUNG)

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22-Jul-2019 08:39 AM

Tungsten losses narrow as transaction volumes rise

Invoicing company Tungsten Corporation booked a full-year loss after rising revenue was more than offset by expenses. Pre-tax losses for the year through April amounted to £3.4m, compared to losses of £11.9m on-year. Revenue grew 6.1% to &po
25-Feb-2019 04:36 PM

Tungsten Corporation reverses losses in third quarter

Invoicing network provider Tungsten Corporation said it turned earnings positive in the third quarter compared to a year earlier after it booted sales and improved margins. Ebitda in the three months through January amounted to £1.0m, compared with
23-Jul-2018 02:02 PM

Tungsten Corp books annual loss, sees improvement in FY19

Tungsten Corporation booked a £11.9m annual loss, but said it expected to post a profit at the operating level in the current financial year. The pre-tax loss for the year through April had narrowed slightly from a £12.5 loss on-year, as reve
14-Jun-2018 07:26 AM

Tungsten confirms press speculation over potential board re-shuffle

Tungsten responded to recent press speculation regarding a proposal for the requisition of a general meeting to invoke changes of certain members of the board. While no requisition of a general meeting has been received, the company confirms Odey Asset M
04-Jun-2018 02:44 PM

Tungsten Corporation losses narrow as margins improve

Tungsten Corporation said its annual operating losses narrowed in the year through April after it hit a monthly break-even point in the second half. In a trading update ahead of the release of its full-year results, the company said its Ebitda loss narro
14-Dec-2017 07:47 AM

Tungsten marks third half-year of growth

Tungsten Corporation, the global e-invoicing, purchase order services, analytics and financing company, increased its revenue by 10% to £17.1 million the six months ended 31 October 2017. This marks the third consecutive half-year period of growth
15-Sep-2017 07:19 AM

Tungsten sales up

Tungsten said unaudited revenue of £8.3m in the three months to 31 July 2017 was 12% higher than the same period in the prior year on a constant currency basis and in line with the Board's expectations. Tungsten's focus in the year to 30
17-May-2017 01:21 PM

Tungsten schedules trading update, FY results

Tungsten Corporation has confirmed that it will release a trading update on 24 May and its full year results on 24 July. At 1:21pm: (LON:TUNG) Tungsten Corporation share price was +0.88p at 65.88p Story provided by StockMarketWire.com...
14-Dec-2016 07:35 AM

Tungsten materially improves H1 pretax loss

Tungsten has materially improved its H1 pretax loss to £3.08m, from a loss of £12.04m. Revenue was £15.54m, from £12.98m. "I am very encouraged by the emerging momentum across our business, notably in the areas where we have
25-Jul-2016 09:01 AM

Tungsten widens FY pretax loss

Tungsten Corporation has widened its FY pretax loss to £28.6m, from a loss of £27.9m. Revenue was £26.1m, from £22.5m. CEO Richard Hurwitz commented: "We are building momentum in our business through our strategy of focusing
21-Mar-2016 12:50 PM

Tungsten board member steps down

Tungsten Corporation has announced that Mr. Edmund Truell has stepped down from the Board with immediate effect. At 12:50pm: (LON:TUNG) Tungsten Corporation share price was +3.63p at 57.88p Story provided by StockMarketWire.com...
09-Feb-2016 07:33 AM

Tungsten sees EBITDA breakeven by FY 2017

Tungsten Corporation directors are confident the company is on track to achieve break-even on an EBITDA basis by the end of FY17 and a positive EBITDA for the six-months ending 31 October 2017. Tungsten confirms that trading in the third quarter was in l
22-Jul-2015 07:52 AM

Tungsten Corp more than doubles FY pretax loss

Tungsten Corp has more than doubled its FY pretax loss to £27.3m, from a loss of £11.1m. Revenue was £23.1m, from £10.8m. CEO Rick Hurwitz commented: "Our leadership team is focused on establishing Tungsten as an indispensable partner to organi
01-Apr-2015 07:38 AM

Tungsten Corp wins contract from housebuilder

Tungsten Corp said a housebuilding and construction group has selected its e-Invoicing and Purchase Order services. "This large customer is an important addition to Tungsten's e-Invoicing network as we increase the number of companies using our
30-Mar-2015 07:10 AM

MGAM selects Tungsten to deliver AP efficiencies

Story provided by StockMarketWire.com...
10-Mar-2015 03:24 PM

Tungsten sets out financial calendar

Tungsten Corporation has set out its financial calendar. The company will issue a trading update for the year ended 30 April on 14 May; its preliminary results on 22 July and hold its annual general meeting on 24 September. The company will issued a tradi
16-Feb-2015 07:32 AM

Tungsten Corp selected by Royal Caribbean Cruises

Royal Caribbean Cruises Ltd. has selected Tungsten Corporation to help it to better control its invoice-to-pay processes while reducing the time it takes to process invoices, cutting costs associated with invoice processing, and improving visibility on it
14-Jan-2015 08:03 AM

Tungsten H1 pretax loss widens

Tungsten has widened its H1 pretax loss to £14.8m, from a year earlier loss of £5.5m. Revenue was £10.2m, from £0.8m. CEO Edmund Truell said: "Our EBITDA loss for the six months to 31 October 2014 of £13.3 million, including £6 million of one
14-Nov-2014 07:45 AM

Tungsten selected by three North American companies

Tungsten Corporation has been selected by three North American companies to deliver invoice automation workflow and advanced data capture technology. The new customers are LegalShield, an Oklahoma-based provider of pre-paid legal services, Local Governme
29-Jul-2014 07:32 AM

BT to deploy e-Invoicing globally with Tungsten

Tungsten Corp has secured a new contract with BT Group, the global telecommunications company, to deliver electronic invoicing, Purchase Order Services and Invoice Status Service to its global operations. BT started working with Tungsten Network, then OB
08-Jul-2014 08:10 AM

Tungsten Corp widens FY pretax loss

Tungsten Corp widened its FY pretax loss to £11.14m for the 12 months to April 30, from a loss of £9.93 for the period Feb.2 2012 to April 30, 2013. Revenue was £10.8m, from nil. "Progress has been made in the key strategic areas as we build our
20-May-2014 02:36 PM

Tungsten changes registered office

Tungsten Corporation's registered office has changed to Pountney Hill House, 6 Laurence Pountney Hill, London, EC4R 0BL. At 2:36pm: (LON:TUNG) Tungsten Corporation share price was +2.38p at 209.88p Story provided by StockMarketWire.com...
19-May-2014 07:48 AM

TUNG contracted by GE for e-invoicing programme

Tungsten Corporation said Tungsten Network has been contracted by GE to rollout a multi-year e-Invoicing programme into every GE operation globally, with potential invoice volumes of over 16m per annum. GE will also take Tungsten's Invoice Status Ser
24-Feb-2014 09:37 AM

Tungsten Corp's OB10 and Buzon E extend partnership

Tungsten Corp said OB10, the global e-Invoicing network that is part of the company, and Buzón E, a Mexican government-accredited e-Invoicing service provider, have extended their partnership through a reseller agreement. The deal allows Buzón E to ta
08-Jan-2014 07:40 AM

Tungsten Corp narrows H1 pretax loss

Tungsten Corp narrowed its H1 pretax loss to £5.6m, from a loss of £8.9m. Revenue was £0.829m, from nil the prior year. Most of the loss was due to administrative expenses. "There has been good progress made since the acquisition of OB10 in prepa
 
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