Image Scan Holdings Plc

Equities

IGE

GB0031410581

Advanced Medical Equipment & Technology

Market Closed - London S.E. Other stock markets 16:35:21 05/07/2024 BST			5-day change	1st Jan Change
2 ^GBX	+2.56%		+42.86%	+17.65%

07-04	Image Scan shares jump more than 70% on X-ray contract win	AN
07-04	AIM WINNERS & LOSERS: Image Scan surges on GBP3 million contract	AN

Image Scan shares jump more than 70% on X-ray contract win

July 04, 2024 at 12:38 pm

(Alliance News) - Shares in Image Scan Holdings PLC on Thursday soared on Thursday as it expressed delight at a GBP3 million contract win.

The Loughborough, England-based x-ray screen system supplier said it has been selected for a contract with a prominent UK defence contractor, NP Aerospace Ltd, for the supply of its ThreatScan portable X-ray system.

The contract will start with a three month trial and testing process, expected to begin in September.

Once the trials are successfully concluded, Image Scan will start to deliver the X-ray systems.

The estimated contract value is around GBP3 million over a 36 month period, Image Scan said.

The contract will not impact the sales and profit performance for the financial year ending September, with revenue and profits being recognised in financial 2025 and 2026 respectively.

Shares leapt on the news, rising 72% to 2.28 pence in London on Thursday.

Image Scan's Chief Executive Vince Deery said: "I am delighted that we have secured this contract, which has been achieved against stiff international competition."

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Image Scan Holdings Plc

Image Scan shares jump more than 70% on X-ray contract win	07-04	AN
AIM WINNERS & LOSERS: Image Scan surges on GBP3 million contract	07-04	AN
Image Scan Holdings Lands Portable X-ray System Supply Deal with NP Aerospace	07-04	MT
Image Scan Holdings plc Receives Contract for Supply of Its ThreatScan® Portable X-Ray System	07-04	CI
Image Scan inks x-ray system contract worth over GBP350,000	06-12	AN
Image Scan Holdings Plc Wins Contract Worth over £350,000	06-12	CI
EARNINGS AND TRADING: Software Circle & Beximco report higher revenue	04-30	AN
Earnings Flash (IGE.L) IMAGE SCAN HOLDINGS Posts fiscal H1 Revenue GBP1.1M	04-30	MT
Image Scan Holdings Plc Reports Earnings Results for the Half Year Ended March 31, 2024	04-30	CI
Image Scan Holdings touts x-ray system order worth GBP300,000	04-29	AN
Image Scan Holdings plc Wins an Initial Order of Approximately £300,000 from a Partner to Supply Their with ThreatScan®?AS1 Portable X-Ray Systems	04-29	CI
Image Scan launches AI software into AXIS-CXi cabinet X-ray	03-12	AN
Image Scan Holdings Plc Launches AXIS-CXi Cabinet with AI Software	03-12	CI
AB Dynamics trades in line; Verditek sells solar arm	02-28	AN
AIM WINNERS & LOSERS: Image Scan falls on slower start to 2024	02-28	AN
Image Scan swings to profit as revenue rises in "tireless" year	12-12	AN
Earnings Flash (IGE.L) IMAGE SCAN HOLDINGS Reports FY23 Revenue GBP3M	12-12	MT
Image Scan Holdings Plc Reports Earnings Results for the Full Year Ended September 30, 2023	12-12	CI
Earnings Flash (IGE.L) IMAGE SCAN HOLDINGS Reports FY23 EPS GBX0.09	12-12	MT
FTSE 100 Rebounds, Closes at More Than One-Week High	10/10/23	DJ
Stocks push higher as rate rise fears ebb	10/10/23	AN
Image Scan shares rise thanks to revenue and profit guidance	10/10/23	AN
AIM WINNERS & LOSERS: Image Scan up on expected swing to profit	10/10/23	AN
Image Scan Holdings plc Provides Revenue Guidance for the Fiscal Year 2023	10/10/23	CI
Image Scan orders reach 30 different countries	11/09/23	AN

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Company Profile

Image Scan Holdings plc is a United Kingdom-based company that is engaged in the development, manufacturing, sale and support of X-ray inspection systems for security, counter terrorism, and industrial applications. The Company has developed and manufactured an industrial X-ray inspection system, the MDXi range. The primary market for these systems is in automotive emissions control, where they are used for quality control inspection of catalytic converters and diesel particulate filters. The Company, through its subsidiary, 3DX-RAY Limited, supplies a range of portable, rapid deployment and static security solutions to the security sector worldwide, including governments and private security organizations. Its product offerings include ThreatScan-AS1(ISC), Threat Scan-LSC, and ThreatScan-LS1, others. Its customers include police, military, security services, bomb disposal teams, prisons, ports, airports, cargo handlers, freight forwarders, mail rooms and stadia and events operators.

Sector

Advanced Medical Equipment & Technology

Calendar

02/12/2024 - Q4 2024 Earnings Release (Projected)

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Sector Other Advanced Medical Equipment & Technology

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Other Advanced Medical Equipment & Technology

Image Scan Holdings Plc

Equities

IGE

GB0031410581

Advanced Medical Equipment & Technology

Image Scan shares jump more than 70% on X-ray contract win

Latest news about Image Scan Holdings Plc

Chart Image Scan Holdings Plc

Company Profile

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Sector Other Advanced Medical Equipment & Technology