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Good day for the AIM innovators

04/02/2022 · Agronomics (ANIC) · Beeks Financial Cloud (bks) · Creo Medical (CREO) · Invinity Energy Systems (IES) · Virgin Wines UK (VINO)

AIM Innovators ESG UK

Contract awards and an encouraging trading update saw shares in two AIM innovators covered here rise sharply. Both companies are addressing huge global markets with significant potential. Elsewhere, a popular UK wine retailer is struggling to differentiate itself from the pack. Read on for more on these and other stories. (Free to read)

Virgin Wines: plenty of headwinds

Shares in online wine retailer Virgin Wines (AIM: VINO), took a beating following a disappointing trading update – we covered the IPO of this business previously here.

Revenue for the 6 months ending 31 December rose 55% to £40.5m, with customers on its flagship WineBank service performing ahead of expectations.

VINO’s subscription schemes are a key driver of its direct-to-consumer sales channel, which represented 82%…

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