Dublin-based Keywords Studios (Aim: KWS) provides localisation services for the video gaming industry – translating and adapting games so they can be sold around the world. The firm was founded in 1998 and floated on Aim in 2013.
The latest full-year results showed a 57% rise in pre-tax profits, and it reported an “excellent” first half, with revenues ahead of expectations. It is expanding rapidly, making four acquisitions this year. The shares have risen by 130% in the last 12 months.
Be glad you didn’t buy…
RM2 International (Aim: RM2) makes “revolutionary” glass fibre pallets that apparently “significantly outperform” traditional pallets. Neil Woodford is a major shareholder, with Woodford Investment Management holding 35% of the shares.
The company issued a profit warning last September, which drove the share price down. The latest annual report showed revenue of $8m in 2015 – up from $2m the previous year – but an operating loss of $57.2m. The share price has fallen by more than 60% in the last year.