Itaconix revenue guidance has been lifted to at least $14.8m for 2026, up from $13.3m, after the sustainable additives producer reported a 72% jump in first-half revenues to $8.3m. Eagle Eye Solutions beat expectations in its 2025-26 financial year, with annualised recurring revenues climbing 31% to £44.5m.
Itaconix Revenue Guidance and Margin Trajectory
Itaconix (ITX) drove the H1 2026 result on continued growth in dishwasher-related demand across North America and Europe. The $8.3m figure was also 46% above the $5.7m generated in the second half of 2025, according to Dealroom.
Gross margins are improving. Sharecast reported the company expects a full-year 2026 gross margin of 36%.
The company said the raised guidance should be sufficient to reach breakeven and fund further investment. It has spare manufacturing capacity and new products in development. Full-year 2025 revenues came in at $10.5m, up from $6.5m the prior year, and the company has indicated capacity to grow revenues beyond $25m, according to AIM Micro.
ITX shares rose 22.1% to 143.5p.
Eagle Eye Absorbs Customer Loss, Eyes FY27 Growth
Eagle Eye (EYE) reported full-year results ahead of expectations despite the loss of Neptune Retail Solutions (NRS) as a customer in June 2025. Excluding NRS, underlying ARR grew 29% and underlying group revenue rose approximately 16% in the first half of FY26, according to a Stockopedia trading update.
Net revenue retention held at 111%. Pre-tax profit fell from £6.6m to £3.4m, but that decline was smaller than the market had anticipated when NRS’s departure was flagged.
The company’s EagleAI product line posted revenues of £3.6m in H1 FY26, up 23% year on year, and accounted for 15% of group revenues. Four US customer wins in the first half delivered approximately £2.5m of new ARR, according to Eagle Eye’s H1 FY26 results via Stockopedia.
Eagle Eye also secured its first two contracts through an OEM partnership with blue-chip European customers, with expected ARR of approximately £2.0m. Material revenue from that arrangement is expected from FY27. The board said it expects to exit FY26 with a 20% EBITDA margin run rate.
EYE shares rose 7.53% to 500p.
Alumasc Leadership Void After CEO Suspension
Building products supplier Alumasc (ALU) suspended chief executive Pamela Bingham and launched an investigation into her professional conduct, with the probe carried out with support from professional advisers, according to the London Stock Exchange regulatory announcement. Bingham was appointed in early April 2026.
Non-executive chair Vijay Thakrar has temporarily assumed executive responsibilities, supported by divisional managing directors and the chief financial officer.
Alumasc said trading is broadly in line with expectations, though forecasts have been trimmed. Underlying pre-tax profit is expected to fall from £14m to £10m for the year ended 30 June 2026, with revenue anticipated to drop to approximately £107m from £113m, according to Yahoo Finance.
Housebuilding products sales grew 16%, but strong prior-year comparatives and order delays weighed on water management revenues. The order book at the end of June was 49% higher year on year. Net debt stood at around £7m, equivalent to leverage of approximately 0.5 times.
ALU shares fell 8.7% to 210p.
Other Movers
The Property Finance Group (TPFG) fell 2.75% to 442.5p after Foxtons’ recent weak trading statement weighed on sentiment. Canaccord Genuity said Foxtons’ revenue decline stemmed from past recognition timing and that TPFG’s more conservative cash-linked recognition policy insulates it. The 2026 pre-tax profit forecast is maintained at £33.2m, and the stock trades at a prospective multiple of less than 12 times.
Environmental monitoring developer Metir (MET) dipped 12.9% to 0.675p after entering a memorandum of understanding with Portsmouth Aviation subsidiary Paqua to evaluate integrated water treatment and biological monitoring opportunities.
MicroSalt (SALT) shareholder VHM Global Research cut its stake from 4.85% to 3.74%. SALT shares recovered 5.53% to 21p. Revolution Beauty (REVB) gained 3.59% to 5.2p ahead of full-year results due on 21 July.
For TPFG, the key near-term test is whether lettings volumes hold up as the Renters’ Rights Act takes effect: the company sees scope to pick up individual landlords currently operating without agents.