22 September 2022 - interim results
The AIM-listed social and digital media company has announced interim results for the six months ended 30 June 2022, a record period for the company. Interim revenues were £14.7m (2021: £7.3m) and Adjusted Operating Profit was £1.3m (2021: £0.4m) with Profit Before Tax £1.0m (2021: £0.2m). Margins have reduced but this is explained by strong growth of revenues in the digital marketing services business to £8.8m (2021: £0.9m), which operates at lower margins than the media network revenue. Net cash increased to £4.8m (2021: £2 . . .
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