LONDON (ShareCast) - Imagination Technologies (LSE: IMG.L - news) rallied after the chip designer posted a 56% hike in annual pre-tax
profit underpinned by strong licensing and royalty sales.
Adjusted pre-tax profit rose to £5m for the 12 months to 30 April 2009 from £3.2m the same time the year before. Group revenue rose 16% at £64.1m.
The group, which makes Pure radios, said licensing revenue rose 21% while royalty revenue was up 29%.
Specialist healthcare group Ark Therapeutics (LSE: AKT.L - news) also gained after saying it has made a major advance in its production technology and processes for commercial manufacture of adenoviral gene-based medicines.
Ark's production development group in Kuopio, Finland, has developed a suspension process based on single use systems (SUS) for manufacturing commercial sized batches of adenoviral gene-based medicines ready for fill.
"The SUS system will have a significant impact on production and ultimately cost of goods and we have strong intellectual property to protect our competitive advantage," said chief executive Nigel Parker.
FTSE TechMARK - Risers
Imagination Technologies (IMG) 150.00p +31.00%
Oxford Biomedica (LSE: OXB.L - news) (OXB) 13.00p +8.33%
Puricore (PURI) 14.00p +7.69%
Sinclair Pharma (LSE: SPH.L - news) (SPH) 27.00p +3.85%
Sepura (LSE: SEPU.L - news) (SEPU) 36.75p +3.52%
Kewill (KWL) 74.50p +2.76%
Intec Telecom (LSE: ITL.L - news) (ITL) 66.00p +1.93%
Trafficmaster (TFC) 27.50p +1.85%
Ark Therapeutics (AKT) 46.00p +1.66%
Corin Group (LSE: CRG.L - news) (CRG) 62.00p +1.64%
FTSE TechMARK - Fallers
Robotic Technology (RTS) 5.00p -4.76%
Alizyme (LSE: AZM.L - news) (AZM) 5.00p -4.76%
Kofax (KFX) 155.00p -3.13%
RM Group (RM (LSE: RM.L - news) .) 152.25p -2.87%
ARC International (LSE: ARK.L - news) (ARK) 11.75p -2.08%
AEA Technology (LSE: AAT.L - news) (AAT) 24.00p -2.04%
E2V Technologies (LSE: E2V.L - news) (E2V) 62.00p -1.98%
Alphameric (LSE: ALM.L - news) (ALM) 30.00p -1.64%
Optos (OPTS) 69.00p -1.43%
Innovation Group (LSE: TIG.L - news) (TIG) 9.90p -1.00%
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