Minimally invasive water leak detection services provider Water Intelligence (WATR:AIM) increased first quarter revenues by 44% to $16.5 million and adjusted pre-tax profit by 16% to $2.1 million.However, one-off costs of around $400,000 related to salesforce training and implementation and flooding conditions in Australia, which limited service delivery, resulted in a 17% drop in reported...

UK stocks opened stronger on Monday and were continuing to hover just under multi-year highs touched in January, as investors looked past fears over hot inflation to focus on global recovery hopes.By 8:42 am, the FTSE 100 index was up 0.1% at 7,524.03 points, while the FTSE 250 traded 0.2% higher at 21,753.76.Miners were in demand, as an ongoing inflationary environment should be positive for...

The argument for investing in the water sector is simple. Water is critical for both human life and commercial activity. Economic and business growth is contingent upon a steady stream of clean water.For these reasons water has been talked about as potentially the next big thing in terms of global investment trends for at least a decade.However a combination of the growing prominence of...

Shares in leak detection and remediation company Water Intelligence (WATR:AIM) jumped 6% to 922p after it signed a significant US national insurance contract.Today's announcement represents the fourth insurance contract win this year and the first where the company has been awarded 'preferred contractor' status.The broader designation means that the firm will have the right to handle all water...

UK stocks were marginally lower on Tuesday as higher oil prices and a rally in the pound unnerved investors. At 8.30am the FTSE 100 index was down 10 points or 0.1% at 7,155 points with weakness in real estate and financial stocks offsetting gains in retailers and energy producers.Oil prices spiked as the OPEC+ cartel failed to agree on a deal to increase production. Brent crude futures topped...

London's FTSE 100 finished Wednesday's trading session 0.4% higher at 7,108 points as inflation worries eased and the blue chip benchmark was boosted by a decent start on Wall Street, with the S&P 500 up 0.3% to 4,216.2 by 4.30pm UK time.As in the US, the absence of earnings from big-name companies left the FTSE 100 lacking a bit of inspiration, with the index outshone by the FTSE 250, which...

London's FTSE 100 had retreated modestly from its morning highs by lunchtime as housebuilders slipped back on mixed mortgage data.By 12.20, the blue chip benchmark was 0.2% higher at 7,092.37 points, while the more domestically-focused FTSE 250 was 0.1% easier at 22,854.5.BLOOMSBURY REPORTS RECORD YEARPublisher Bloomsbury (BMY) jumped 8.7% to 336p after it reported a record financial year as...

Shares in minimally invasive water detection company Water Intelligence (WATR:AIM) gained 4% to 870p after it announced two acquisitions and the company noted it had finished the first half in 'strong fashion'.The shares are up 63% over the last six months, boosted by strong earnings upgrades with consensus estimates rising around 48% according to data provider Refinitiv.Water Intelligence...

UK stocks continued their momentum on Wednesday with more solid gains as investors remained upbeat on the global economic recovery.Defying expectations of a flat opening, the UK's benchmark FTSE 100 index moved 0.56% higher to 7,120 while the midcap FTSE 250 index, currently sitting at all-time highs, gained 0.33% to 22,951.It comes after a flat session overnight on Wall Street, where the Dow...

Shares in minimally-invasive leak detection water company Water Intelligence (WATR:AIM) leapt 9% to 883.5p after saying first quarter revenues grew 38% to $11.4 million, extending a strong finish to 2020.This is a strong start to the new financial year and suggests the company is well ahead of consensus full year expectations for revenues to grow 13% to $43 million, according to data provider...

UK stocks eked out modest gains in a subdued start to trading on Tuesday as various mining stocks created a headwind and investors digested a mixed batch of earnings releases, including positive updates from BP (BP.) and HSBC (HSBA) and disappointing ones from Whitbread (WTB) and Aveva (AVV).By 8.20 am, the FTSE 100 traded a mere 0.1% higher at 6,970.55 points while the FTSE 250 was down 0.1%...

London's FTSE 100 struggled for direction on Tuesday as US stocks settled back from the previous day's record highs. By the close, the blue chip benchmark was a mere 0.1% higher at 6,531.56 points, with the S&P 500 0.3% lower at 3,905.47 at 4.30 pm UK time.Airlines tumbled after the government tightened restrictions on travellers entering the UK, with International Consolidated Airlines (IAG),...

Despite strong gains among oil stocks following a further advance in Brent crude, the FTSE 100's progress was halted by sterling strength on Tuesday, with US futures implying a modest step back for US stocks from the record highs marked on Monday.By noon, the FTSE 100 was basically flat, off 0.01% at 6,522.92 points, while the FTSE 250 edged 0.6% higher to 21,206 points.OCADO LOSSES NARROWIn...

Shares in minimally-invasive leak detection company Water Intelligence (WATR:AIM) gained 6% to 519p after it reported 17% growth in full year sales to $37.9 million and pre-tax profit up 78% to $4.2 million, around 10% higher than consensus estimates.The core business units American Leak Detection (ALD) and Water Intelligence International (WII) grew strongly with revenues up 15% and 27%...

Shares in leak detection company Water Intelligence (WATR:AIM) gained 1.9% on Tuesday to 504p after the company announced the reacquisition of Florida based franchise Melbourne on attractive terms.Water Intelligence will pay $1.55 million over three years and the franchise management team are staying on board to run the operation and expand the depth of management at the American Leak...

The ESG (environmental, social and governance) theme is heavily in demand with investors looking for ways to profit from companies trying to make the world a better place.Unfortunately finding suitable investments isn't as straightforward as you might think. Firstly, a lot of companies say they are embracing ESG principles but they might only be doing the bare minimum such as recycling their...

Minimally-invasive leak detection company Water Intelligence (WATR:AIM) reported better than expected revenues (+27%) to $32.4m and pre-tax profits (+33%) to $2.4m for the year ended 31 December 2019. The shares gushed 12.4% higher to 356.7p on the news.Water Intelligence uses proprietary acoustic and infrared technologies to pinpoint and repair water leaks in every size of pipe.Corporate...

International leak detection company Water Intelligence (WATR:AIM) gushed better than expected third quarter revenue growth of 35% to $24.7m, lifting its shares by 11% to 294.5p.Established in 1974 and based in Palm Springs, California, Water Intelligence specialises in the non-invasive detection of leaks. It operates a mix of franchised and corporately-owned businesses across many...

UK stocks eased back after last week's strong finish, with the FTSE 100 index giving up 21 points or 0.3% to 7,303. Banks, Household Goods, Mobile Telecoms and Tobacco were the sectors weighing the most on the index.Global banking giant HSBC (HSBA) delivered a disappointing third quarter earnings update, with profits down 24% to $3bn, and abandoned its Return on Tangible Equity target of 11%...

Water is an essential resource for life - no one can live without it. Beyond its basic functions of sustaining life, water is also a precious commodity. Its supply is limited and global challenges such as population growth, urbanisation and climate change are putting existing water resources under increased stress.The global issue of water access is a two-fold problem: safe drinking water is...