@Edison_Inv_Res

Edison is a content-led IR business on a mission to build bigger, better and more engaged investors for our clients.

London, UK
Joined February 2010
Newron Pharmaceuticals — H126 results: Evenamide pivotal readout nears ENIGMA-TRS 1 screening closed; target enrolment mid-Oct. Q127 primary 12-week readout guided. Valuation updated to CHF20.9/share. 📖 Full analysis: edisongroup.com/research/h12… $NWRN
1
1
1
183
IP Group — Cash realisations reinforce portfolio momentum H126 NAV +3.2% to 113.9p. Cash proceeds of £68.7m (above full FY25), with further £17.1m post-period. Gross cash £239m at end-June. 📖Full analysis: edisongroup.com/research/cas… $IPO @IPGroupplc
126
Metlen Energy & Metals — 2026 shaping up well Strong H126 results; FY26 EBITDA guidance of €1.0–1.15bn reiterated (seen as conservative). Medium-term guidance confirmed. Indicative value €75.3/share. 📖 Full analysis: edisongroup.com/research/202… $MTLN @MetlenSA
124
PCI-PAL — Partnership with BT confirmed Major telecom reseller confirmed as BT. Onboarding well progressed; first customers already won via the relationship. Supports medium-term ARR growth targets of 18–20%. 📖Full analysis: edisongroup.com/research/par… $PCIP @PCIPAL
129
Boku — FY26 outlook maintained; strategic progress made H126 results in line; TPV +16%, underlying revenue +11%. FY26 guidance maintained. Network expansion and Stripe partnership progress noted. 📖 Full analysis: edisongroup.com/research/fy2… $BOKU @BokuPayments
109
Georgia Capital — Building on its balance sheet strength 12m NAV TR +49.1%; holding company now debt-free. Launched GEL1bn capital-allocation programme through 2029 for investments, buybacks and potential dividends. Full analysis: edisongroup.com/research/bui… $CGEO @IRGCAP
132
Invesco Asia Dragon Trust — Seamless management changes Marc Ye joins as co-manager from 1 Aug 2026 alongside Fiona Yang; Ian Hargreaves to retire 31 Mar 2027. Long-term strategy remains unchanged. 📖 Full analysis: edisongroup.com/research/sea… $IAD
88
Alter Ego Media — Strategy driving growth and higher profitability H126 revenue +25% to €74m, EBITDA +47% to €25.1m. Transformation strategy delivering diversified revenues and higher margins. Fair value raised to €7.3/share. 📖 Full analysis: edisongroup.com/research/str… $AEM
110
Leading Edge Materials — Financing supports next phase at Norra Kärr Raised C$4.3m of targeted C$6.0m private placement. Proceeds to fund PFS, permitting and hydromet work following 25-year mining lease award. Full analysis: edisongroup.com/research/fin… $LEM.V @LeadingEdgeMtls
111
The Metals Company — Narrowing the NPV gap Regulatory milestones continue; management targets commercial recovery permit ahead of Q427 system commissioning. Successful execution could de-risk shares significantly. Full analysis: edisongroup.com/research/nar… $TMC @themetalsco
197
International Public Partnerships — Increased NAV and enhanced growth potential H126 NAV rose 1.3% to 153.4p. Strong ops performance and capital recycling support predictable cash flows and long-term DPS growth. 📖 Full analysis: edisongroup.com/research/inc… $INPP
204
Noctiluca — Key qualification and funding milestones achieved Lead customer technical qualification complete; industrial qualification underway. Proposed equity investment of up to c PLN20.2m strengthens funding for next phase. 📖 Full analysis: edisongroup.com/research/key… $NCL
177
BioVersys — Clinical progress, commercial optionality H126: Phase III RIV-TARGET recruiting; end-2027 enrolment guidance maintained. FY26 operating loss guidance improved to CHF32–34m. Valuation rises to CHF71.8/share. Full analysis: edisongroup.com/research/cli… $BIOV @Bioversys
173
MP Evans Group — Own crop and mill efficiency lift margins H126 gross margin rose to 40% (from 35%), driven by higher own-crop processing and mill efficiency. Interim dividend increased 39% to 25p. 📖 Full analysis: edisongroup.com/research/own… $MPE
1
151
Mendus — DIVA starts; testing combination with Ven+Aza Phase Ib DIVA trial initiated: first evaluation of vididencel + venetoclax/azacitidine in unfit AML patients. First safety readout expected H127. 📖 Full analysis: edisongroup.com/research/div… $IMMU
192
Filtronic — Further US satellite progress Won $8.0m/£5.9m follow-on contract from US satellite customer for prototype units. Expected to contribute to revenue in FY27 and FY28, underpinning forecasts. 📖 Full analysis: edisongroup.com/research/fur… $FTC @Filtronic
1
1
450