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Synigence

Companies: SYE   
01/09/2000

Formerly known as Healix Group until June of this year, Synigence, the multimedia producer of news, training and focused content, is planning to float on Aim this autumn. Suspended from Ofex in June, the group is currently negotiating with Innovex UK and another investor regarding a cash injection. In the meantime, the company is proposing to raise additional funds from its Aim placing to accelerate the roll-out programme of its Clinnix products to general practitioners across the UK. In the year to December, the group improved turnover from £60,000 to £0.6m while pre-tax losses decreased from £1m to £0.8m. Peel Hunt has been named as nominated broker.

Market cap: £11m
PE Average: n/a
PE Forecast: n/a
PE Historic: n/a
Share price: 50.5p

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