The Vox Markets Podcast

Watch on YouTube Focusrite #TUNE has delivered 6.6% revenue growth and a near doubling of operating profit in its 12-month interim results, driven by strong performance in Content Creation and robust gross margins. CEO Tim Carroll and CFO Sally McKone discuss product momentum from Scarlett and Sequential, stabilising trends in Audio Reproduction, and how investment in innovation and supply chain flexibility is positioning the group for long-term growth.

Harena Rare Earths released full year results the other day, showcasing the company's robust financial and operational position in its first major set of financials since listing earlier in the year. The company continues to boost its profile in the US, ahead of major updates on the ground due from its Ampasindava rare earths project in Madagascar. Executive chairman Ivan Murphy joins Vox to give us an update on all the latest developments

Watch on YouTube In this week’s live Exchange, accomplished UK fund manager Dominic Weller of Octopus Investments takes me through his latest thoughts on the following: 00:00 Equity outlook. 02:50 BOKU 07:20 WISE 10:00 PCI-Pal 15:15 GB Group 20:25 Raspberry Pi 24:35 Ensilica 28:00 Volution 30:30 Optima Health 32:05 IXICO 35:05 Diaceutics 37:45 Hvivo 41:30 Ceres Power 46:05 Trainline 49:45 Itaconix 52:25 M&C Saatchi 53:35 Renew Holdings 56:30 Favourite stock idea for next 12 months. Bloomsbury

Watch on YouTubeCindrigo has listed on the main board of the London Stock Exchange with an initial market capitalisation of £40 million. The company plans to develop geothermal projects in Germany, backed by cashflow from a near-term development project in Finland. Chief executive Lars Gulstrand joins Vox to offer an insight into the precise nature of the opportunity here, especially given that power generation in Germany has undergone such radical transformation in recent years with the mothballing of coal and nuclear.

Watch on YouTube Hemogenyx #HEMO has been given clearance to proceed with the next stage of testing in regard to its HG-CT1 therapy, which is designed to treat leukemia. Hemogenyx's chief executive Vladislav Sandler joins us to talk about the implications of continuing the trials, how they will be structured, and widened with the addition of testing for a group of 12-18 year olds.

Watch on YouTubeGunsynd's Hamish Harris joins Vox for an update, following the release of high grade gold and silver sampling results from the company's Canadian projects. The Barb project showed high gold grades, while Bear Twit showed high silver, lead, and zinc. Harris also updated on a company Gunsynd has a significant stake in, Richmond Hill. There, the opportunity in copper looks highly significant too.

Watch on YouTubeEuropean Green Transition has announced that it has entered into a six-month option agreement for the potential sale of the Pajala copper project in Sweden. With copper prices riding high, it's a good time to be transacting on copper, and it may be that the deal presages a bigger one in relation to EGT's Olserum rare earths project in Sweden. EGT's chief financial officer Jack Kelly joins us to discuss the implications of the deal, how it fits into EGT's wider strategy, and where the company goes from here

Watch on YouTube In this week’s smallcap investing show, UK equity analyst & markets commentator Paul Scott & I discussed our latest thoughts on 21 stock ideas. 00:00 Recent buys/sells 02:30 MJ Gleeson 05:20 Idox 08:05 Mpac 12:25 Alumasc 15:35 Bioventix 19:15 Auction Technology Group 23:05 RWS 27:05 Centaur Media 29:25 Ingenta 31:35 Light Sciences Technologies 36:50 Goodwin 41:15 Norcross 42:55 Ultimate Products 45:50 Ecora Resources 48:25 Capital (drilling) Ltd 51:15 REACT Group 53:45 Hargreaves Services 56:00 Seeing Machines 59:20 Foxtons 1:02:40 Bloomsbury 1:07:20 Creo Medical #GLE #IDOX #MPAC #ALU #BVXP #ATG #RWS #CAU #ING #LST #GDWN #NXR #ULTP #ECOR #CAPD #REAT #HSP #SEE #FOXT #BMY #CREO

Watch on YouTubeTooru plc (AIM: TORU) has announced that its gluten-free brand OAF — born out of its Juvela business — has expanded to eight product listings in Tesco, with week-on-week growth and advanced talks underway with other major supermarket chains. Unlike most gluten-free brands that rely on rice flour, OAF and Juvela use a unique gluten-removed wheat starch, delivering authentic taste and texture that could redefine the category.

Watch on YouTube In this week’s smallcap investing show, UK equity analyst & markets commentator Paul Scott & I discussed our latest thoughts on 20 stock ideas. Many apologies too about the quality of my video feed (sound was fine), which may have been caused by a connection &/or broadband issue. 00:00 Health of the UK IPO market and upcoming Shawbrook float. 03:55 Celebrus Technologies 07:45 Paypoint 12:00 Treatt 14:05 Macfarlane 16:35 System1 20:15 XP Power 23:00 Gulf Marine Services 26:55 Supreme 28:50 Tristel 31:50 B&M Retail 36:40 Halfords 39:45 ECO Buildings 44:55 ITV 51:00 Playtech 54:15 Chesterfield Special Cylinders 58:30 Hostelworld 61:40 Brickability 65:50 Watkin Jones 69:35 Severfield 71:55 Time Finance

Watch on YouTubeMedPal AI has unveiled a fully automated, AI-integrated national distribution centre in Swaffham, enabling it to fulfil over 100,000 prescriptions a month. Backed by a rare DSP licence and fresh funding, this move creates a vertically integrated, low-cost prescription fulfilment model aimed at both NHS and private markets. With AI triage, robotic dispensing, and same-day delivery, MedPal is positioning itself at the forefront of digital healthcare

Watch on YouTube KEFI Gold and Copper #KEFI has signed a US$240 million dollar debt deal with two lenders for the development of its Tulu Kapi gold mine in Ethiopia. The closing debt finance allows KEFI to move towards the completion of the equity portion of the funding, for which many local and international investors are already lined up. KEFI's executive chairman joins Vox to provide all the latest news, following what he calls the most significant deal the company's ever done.

In this investing masterclass, expert stock picker Richard Crow (alias Cockney Rebel) takes me through his view of the markets and latest thoughts on 18 stock ideas: 00:00 Equity outlook, YTD’25 portfolio returns and cash position 05:05 Carclo 13:35 B&M European Retail 16:35 Filtronic 18:35 CML Microsystems 24:05 Anglo‑Eastern Plantations 28:05 Funding Circle 35:00 Journeo (& 47:25) 39:20 GB Group 43:05 Creightons 47:40 Shoezone 49:50 When to sell 51:40 TheWorks.co.uk 57:15 ECO Buildings 59:35 AudioBoom 62:30 Dr Martens 64:40 Hargreaves services 67:15 Zotefoams 73:45 Goodwin 75:35 Videndum

Blencowe's chief executive Mike Ralston joins Vox for an update on results from the latest testwork conducted on graphite from the company's Orom-Cross project in Uganda. Thus far, graphite tested has proved to be of exceptional quality, and highly desirable for potential off-takers and other customers. Ralston also updated on progress with the ongoing definitive feasibility study at Orom-Cross, as well as the upcoming newsflow, which will include drill results and an updated resource.

In this exciting interview, CEO Sandy Chadha of Supreme takes me through the strategic logic underpinning today's "earnings enhancing" £20.1m acquisition of the UK & European assets of iconic weight management brand Slimfast, alongside last month's purchase of heritage carpet care brand “1001”.

Prospex Energy (AIM: PXEN) has resumed gas production from the Viura field in northern Spain, a crucial asset for the company. The company stands to benefit from increased cashflow, CEO Mark Routh discusses the operational turnaround, financial implications, and what’s next for this cornerstone project.

Watch on YouTube Rare earths specialist Harena Resources is busy networking itself into America, via high-level government meetings, a listing on the OTC, and the securing of a significant US presence on the share register. A preliminary feasibility study is nearing completion at its Ampasindava project in Madagascar, and financial results are also pending. So lots to look forward to, and executive chairman Ivan Murphy sits down with Vox to talk us through the highlights

Watch on YouTube In this fascinating interview, CEO Bram Goorden of IXICO - an AI powered medical imaging analytics firm - takes me through: 00:00 Today’s positive Sept FY’25 trading update alongside yesterday’s 2 impressive contract wins. 06:64 FY’26 outlook & beyond 11:35 Closing remarks

In this week’s smallcap investing show, UK equity analyst & markets commentator Paul Scott & I discussed our latest thoughts on 27 stock ideas.00:00 CMA findings on the UK Vet industry and impact for Pets-at-home and CVS Group05:25 Is this a bear or bull market for smallcaps?06:30 Activeops11:50 1Spatial (also 17:25 & 30:50)15:05 Getbusy17:40 Hollywood Bowl19:10 Sanderson Designs21:55 Sosander23:40 AB Dynamics27:15 Oxford Instruments31:20 Gamma Communications34:15 Feedback from call with Tribal management39:30 Impact of lower crude price on oil field services industry, Hunting, Plexus & Gulf Marine Services42:30 Yougov45:40 Synectics48:40 Gear4music50:30 Morgan Advanced Materials52:55 Oxford Metrics55:25 Morgan Sindall57:35 Bytes Technology59:30 Gaming Realms1:01:40 Big Yellow & Safestore1:02:55 Goodwin1:05:00 Software Circle

Watch on YouTube Mosman Oil & Gas has released an internal best estimate for the helium resource at its Coyote Wash project in Colorado. Using a conservative methodology laid down by independent consultants Sproule, Mosman reckons the overall resource at Coyote Wash to be a little over a billion cubic feet of helium. That's big, chief executive Howard McLaughlin tells Vox, and there could still be some upside. Sproule will now come in to come up with a more official number, as Mosman presses on with further development work

Watch on YouTube UK Oil & Gas has recently generated significant investor interest in its hydrogen projects, raising £4.5 million and partnering National Gas. The move is part of a transition away from traditional oil & gas assets, as chief executive Stephen Sanderson explains. More strategic partnerships may follow.

Watch on YouTube In this week’s Exchange, accomplished UK fund manager Richard Staveley of Rockwood Strategic investment trust, takes me through his latest thoughts on the following: 00:00 Stock picking magic behind Rockwood’s alpha generation 06:50 Filtronic 16:15 Treatt 24:05 Funding Circle 31:20 Vanquis 39:20 Mercia Asset Management 44:35 Trifast 48:15 RM 56:20 Capita 65:50 Kooth 73:40 Closing remarks #RKW #FTC #TET #FCH #VANQ #MERC #TRI #RM #CPI #KOO

KEFI chairman Harry Anagnostaras-Adams chats to Vox about the implications of the current strength in the gold price, discounting the idea that it's a bubble and arguing instead that a new normal has been created. Central bank buying of gold will continue, he says, and there's a possibility the price could go still higher. Meanwhile, KEFI continues to finalise the financing for its Tulu Kapi gold project in Ethiopia, which is expected to commence production in two years.

In this week’s smallcap investing show, UK equity analyst & markets commentator Paul Scott & I discussed our latest thoughts on 24 stock ideas. 00:00 Recent buys & sells. Spectra Systems and Beeks Financials 01:35 & 06:25 Treatt 04:00 Tate & Lyle 08:25 Beeks Financial 16:05 Intercede 20:30 Unite Group 24:10 Grainger 25:40 B&M 30:20 Beauty Tech 34:50 Peel Hunt and Cavendish 35:55 CVS Group 38:05 Advertising agencies – System1 and M&C Saatchi 42:55 Inspiration Healthcare 49:35 AudioBoom 51:40 Ramdens 53:30 Speedy Hire 55:45 Mondi 58:35 Secure Trust Bank and Lloyds 1:00:40 Gooch & Housego 1:03:20 Topps Tiles 1:05:55 Vertu Motors 1:08:40 Angling Direct 1:10:50 Trustpilot #SPSY #BKS #TET #TATE #IGP #UTG #GRI #BME #TBTG #PEEL #CAV #SYS1 #SAA #IHC #BOOM #RFX #SDY #MNDI #STB #LLOY #GHH #TPT #VTU #ANG

In this upbeat interview, CEO Sara Barrington of Verici DX – a next generation medical diagnostics firm focusing on the global kidney transplant market - takes me through: 00:00 Progress on #VRCI’s commercialisation strategy following July’s £6.35m fund raise and Monday’s in line H1’25 results. 11:20 Future Tutivia volumes and #VRCI breakeven sales level 14:50 Update on Thermo Fisher Scientific relationship (re pre-graft Clarava/PTRA test) 19:15 Other products/services and closing remarks

In this investing masterclass, accomplished UK fund manager Gervais Williams of Premier Miton takes me through his view of the markets and latest thoughts on 22 stock ideas. 00:00 Outlook for small/midcap equities. 02:50 Opportunity for gold and strategic metals miners, 04:30 Thor Explorations 06:55 KEFI Gold & Copper 08:55 Gold price 10:15 Guardian Metal Resources 12:10 Beeks Financial 14:45 Eleco 16:50 Concurrent Technologies 19:15 Raspberry Pi 23:35 CML Microsystems 25:25 Gamma Communications 25:50 Windar Photonics 29:10 Intercede 31:35 Churchill China 32:35 Plexus 35:35 Savanna Energy 36:50 Paypoint 39:20 CMC Markets 41:50 AO World 44:45 Supreme 47:35 Zotefoams 50:35 Geigner Counter 51:55 Cyanconnode 54:05 Favourite stock idea for next 12 months: Atome

Watch on YouTube In this week’s smallcap investing show, UK equity analyst & markets commentator Paul Scott & I discussed our latest thoughts on 22 stock ideas. 00:00 Key macro takeaways from past fortnight 01:55 JD Sports 03:00 PCI-Pal 07:20 Wise 09:00 Spectra Systems 15:35 Water Intelligence 21:35 Tate & Lyle 26:25 Treatt 30:15 Ixico 33:05 Animalcare 36:20 Mpac 41:00 Xaar 43:25 Avingtrans 47:40 Renew Holdings 50:10 Hercules 51:00 Hvivo 55:15 Venture Life 57:55 Capita 59:50 Facilities by ADF 1:06:25 Paypoint 1:08:40 Card Factory 1:11:40 OntheBeach 1:12:00 Ondine Biomedical #JD #PCIP #WISE #SPSY #WATR #TATE #TET #IXI #ANCR #MPAC #XAR #AVG #RNWH #HERC #HVO #VLG #CPI #ADF #PAY #CARD #OTB #OBI

MedPal AI has just acquired a licensed online pharmacy and raised £550k to support its next big move: entering the fast-growing GLP‑1 weight-loss market. With drugs like Ozempic and Mounjaro in high demand — and online prescribing facing tighter regulation — MedPal is combining AI health coaching with compliant, NHS-linked pharmacy fulfilment. CEO Jason Drummond joins Vox Markets to break down the deal, the strategy, and what’s next.

ECR Minerals has announced the acquisition of the Raglan alluvial gold project in Australia, in conjunction with a £650,000 fundraise. ECR's chairman joins us to explain the thinking behind the deal, which should make ECR cash generative next year.

Watch on YouTube Following Tuesday’s strong and in line H1’25 results, CEO Jerry Randall and CFO Danny Wells of Venture Life - a leading consumer healthcare products firm - kindly take me through the: 00:00 Recent strategic developments 03:40 Financial highlights 11:30 Future M&A and organic growth opportunities 15:30 New product development 17:05 Q3 trading & May FY26 outlook 20:45 Closing remarks

Watch on YouTube Metals One #MET1 has released its interim results in conjunction with news of a board reshuffle in which Dan Maling, one of the progenitors of the major financing the company undertook earlier in the year, becomes managing director. He joins Vox, along with Metals One executive chairman Craig Moulton, to talk us through the implications of the results and the company's wider strategy, now that the portfolio has expanded so significantly.

Watch on YouTube Shearwater Group plc #SWG is carving out its place in the booming cybersecurity market. In this introductory interview, their CEO, Phil Higgins explain how their subsidiaries work together, where growth will come from, and why retail investors should be paying attention now.

In this upbeat interview, Exec Chairman Patrick Desouza of Water Intelligence and CEO Will Knell of American Leak Detection take me through today’s strong H1’25 results and in line guidance.00:00 Key growth drivers, profit margin expansion and current demand given the impressive Q2 momentum.07:20 Progress wrt rolling out both the Dallas template, new products/services and customer feedback.15:50 International expansion, H2 outlook & closing remarks.

Watch on YouTube Poolbeg Pharma #POLB CEO Jerremy Skillington discusses the company’s H1 2025 results, a major update on POLB 001, and progress in the high-growth GLP-1 obesity space. A strong pipeline and multiple catalysts make this a story to watch

Watch on YouTubePoolbeg Pharma CEO Jeremy Skillington and Liam discuss the execution plan for their upcoming Phase 2a trial of POLB 001, a promising candidate in cancer immunotherapy. They detail the trial design, the selection of clinical partners, and the potential impact of the drug. Jeremy also outlines what investors can expect in the near term as the programme advances.

Watch on Youtube Pinnacle Silver and Gold has released its latest set of sample results from exploration at and around its two historic mine sites in Mexico. The results showed high grade silver and gold, and suggested a continuity of mineralisation between the surface and the underground former workings. A new vein is also under investigation nearby, and allowing for permits underground drilling could start fairly soon. Chief executive Bob Archer joins us with the full story

Watch on YouTube European Green Transition's #EGT interims show plenty of activity in the first half of 2025, and signposts to plenty more in the coming months. CFO Jack Kelly joins Vox to talk us through the latest on Olserum, and also elaborates on just what the company means when it says it's looking for acquisitions beyond the green economy

Watch on YouTube In this positive interview, CEO Steve McQuillan & CFO Stephen King of Avingtrans take me through today’s strong FY’25 results and in line guidance. 00:00 Secular growth drivers and current demand picture 06:45 Orderbook & financial highlights 10:15 Progress with medical division 14:05 Possible M&A and future corporate exits 1530 FY26 outlook and closing remarks

hVIVO CEO Mo Khan discusses the company’s H1 2025 results, the impact of CRO market headwinds, and progress on integrating CRS and Cryostore. He also touches on the strategic value of new Chairman Shaun Chilton and outlines what investors can expect for the rest of the year.

Watch on YouTube In this positive interview, CEO Adam Holland & Group Finance Director Will Wilkins of MPAC take me through today’s H1’25 results and in line FY’25 guidance. 00:00 Order intake and current demand 07:00 Financial highlights 09:45 US consolidation and integration of acquisitions 13:50 Pension buy-in, FY’25 outlook and net debt 16:20 Closing remarks

Greg Martyr, executive chairman of Capital Metals, joins Vox for an update on progress at the company's Taprobane mineral sands project in Sri Lanka. Capital Metals is nearing a final investment decision for Taprobane, which looks to be a high-margin, low cost project, with plenty of upside. Upcoming results from a substantial drilling campaign should increase the size of the resource substantially.

Fintel CEO Matt Timmins reported strong half-year results with revenues up 19% and EBITDA up 17%. He highlighted growth in recurring SaaS revenues, the streamlined two-division structure, and successful integration of acquisitions.

Howard McLaughlin, interim chief executive of Mosman Oil & Gas, joins Vox for an update, following the release of a new independent consultant's report on its Sagebrush helium project in the USA. Significant helium is confirmed at Sagebrush, as well as substantial showings of natural gas and carbon dioxide. The potential dollar valuation of the project far exceeds the company's current market capitalisation, notwithstanding the recent share price surge.

Watch on YouTube #PCIP #SPI #BGO #EYE #PETS #ELCO #BIG #W7L #PZC #SUP #MCB #PGH #ADF #TMG #TEN #BRCK #ELM #JUP In this week’s smallcap investing show, UK equity analyst & markets commentator Paul Scott & I discussed our latest thoughts on 18 stock ideas. 00:00 Key macro takeaways from past 7 days 03:10 PCI-PAL 08:50 Spire Healthcare 11:10 Bango 17:05 Pets at home 20:50 Warpaint 24:25 Eagle Eye 30:40 PZ Cussons 35:15 Big Technologies 39:00 The Mission Group 45:05 Eleco 49:55 Brickability 51:10 Personal Group 55:50 Ten Lifestyle 58:35 McBride 61:10 Elementis 63:50 Facilities of ADF 66:50 Supreme 69:20 Jupiter Fund Management Back in a fortnight for the next smallcap show.

Watch on YouTube Rome Resources #RMR chief executive Paul Barrett joins Vox to talk about the implications of the latest set of assay results from the Mont Agoma tin project in the Democratic Republic of Congo. A maiden resource is due by the end of this month, and the consistent high grades the company has been hitting ought to make for good reading inside a formal report, especially as the tin price is so high at the moment

Vox Markets speaks with John Shaw, CEO of Itaconix, on the company’s record half-year results. John outlines the drivers behind growth, progress across Performance Ingredients, SPARX™, and the outlook for profitability

Following today’s strong and in line H1’25 results, CEO Jonathan Hunter and CFO Neil Pritchard of Eleco – a specialist Buildtech software developer - kindly take me through the Financial highlights, Current demand picture and industry growth drivers.

In this week’s smallcap investing show, UK equity analyst & markets commentator Paul Scott & I discussed our latest thoughts on 11 stock ideas. 00:00 Recent buys or sells. Eagle Eye & Warpaint 01:30 Warpaint 12:20 Treatt 19:40 Shield Therapeutics 27:55 Trainline 32:20 Gulf Marine Services 38:20 Flowtech Fluidpower 40:30 Usefulness of ‘Bowl’ formations on share charts 44:30 PCI-PAL 50:50 Distribution Finance Capital Holdings 55:40 Lords Group Trading 59:10 Impact of 26th Nov Budget 1:04:20 Carclo 1:06:45 Capita #EYE #W7L #TET #STX #TRN #GMS #FLO #PCIP #DFCH #LORD #CAR #CPI

Watch on YouTube In this upbeat interview, CEO James Hickman and CFO Judy Happe of Finseta – a specialist payments and foreign exchange platform - takes me through today’s H1’25 results with LFL sales rising 16% to £5.9m. 00:00 Summary of 1st half performance 04:25 Financial highlights 08:45 Update on new products and overall expansion 14:00 Cashflow & FY’25 outlook 19:30 Closing remarks

In this fascinating interview, I was delighted again to speak to accomplished fund manager Laurence Hulse of Onward Opportunities, and hearing his views on the below 14 stock ideas. 00:00 Equity outlook and ONWD’s alpha generating investment strategy. 08:00 REACT 10:40 Springfield Properties & UK housing market 17:05 Venture Life 20:45 Celebrus Technologies 26:10 Synectics 31:35 Pebble Beach Systems 38:50 Alumasc 45:10 MPAC 50:55 Angling Direct 58:50 The Mission Group 62:20 Light Science Technologies 1:02:10 Likewise 1:08:50 Favourite stock ideas for next 12 months: LST and AudioBoom