AIM new arrival | Excellent update | Big warning
2024 was another difficult year for London’s junior stock market with plenty of departures and few new arrivals. The year closed with an interesting IPO which we cover below – plenty more of these are needed in 2025. The new year has started with news of yet another takeover of a large AIM company. Elsewhere there have been positive trading updates from some but a big profit warning from another highly-rated company. Read on here for our thoughts on this and other news.
Difficult year for AIM It was encouraging to see AIM end a difficult year welcoming an interesting newcomer, which we cover below. At the end of December 2024 there were 685 companies on AIM, with the total market value of London's growth market £69 billion. This compares to 753 companies at the end of 2023, when AIM’s market value was £79 billion. There were only 21 new issues in the year, 6 higher than in 2022, and 89 cancellations. The AIM All share index fell 5.71%, while the index of 100 largest UK companies rose +5.7%, the S&P500 climbed +25%…