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Mediazest (MDZ) Share News

IN BRIEF: MediaZest raises extra funds as strong trading continues

8th Jan 2024 11:46

MediaZest PLC - Surrey, England-based audiovisual solutions provider - Raises GBP120,000 through issue of 300.0 million shares at 0.04 pence each. Fundraise comprises placing of 250.0 million shares and a subscription to the other 50.0 million "for certain private investors". Company will use proceeds to invest in business development and support growth of its Dutch subsidiary. MediaZest also continues to sign repeat work, while annualised recurring revenue contracts have increased in value to around GBP700,000 per year. Adds that markets in key sectors are expanding and that it aims to "build a best in class roll up business, attractive to larger players in the medium term." Read More

AIM WINNERS & LOSERS: Frontier Developments slumps; Epwin eyes buyback

27th Nov 2023 10:08

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday. Read More

IN BRIEF: MediaZest shares rise as secures new business win

27th Nov 2023 09:38

MediaZest PLC - Surrey, England-based audiovisual solutions' provider - Announces new business win with an unnamed international client following a "successful" initial project this year. Says new contract is scheduled for early 2024. Read More

MediaZest shares surge on rising revenue and "encouraging" outlook

19th Oct 2023 11:12

(Alliance News) - MediaZest PLC on Thursday said top-line revenue increased in its latest half-year, and said the current year is already presenting "significant and numerous" new business opportunities. Read More

MediaZest shares surge on rising revenue and "encouraging" outlook

19th Oct 2023 11:08

IN BRIEF: MediaZest raises GBP130,000 through loan notes to investors

7th Aug 2023 10:57

MediaZest PLC - Woking, England-based audio-visual company - Raises GBP130,000 through the issue of new three-year unsecured convertible loan notes to existing investors. Also repays GBP150,000 of unsecured convertible loan notes previously issued on August 5, 2020. Read More

LONDON MARKET CLOSE: Stocks soar, sterling suffers after shock UK CPI

19th Jul 2023 16:50

(Alliance News) - Stocks in London ended sharply higher on Wednesday after a cooler-than-expected inflation print in the UK raised hopes that the Bank of England won't have to hike interest rates as far and as fast as previously feared. Read More

MediaZest expects improved second half trading from new business wins

19th Jul 2023 10:00

(Alliance News) - MediaZest PLC on Wednesday said trading in the second half of its financial year has been "promising", with "significant" new business wins with both new and existing clients. Read More

AIM WINNERS & LOSERS: MediaZest encouraged; CEO out at Watkin Jones

19th Jul 2023 09:57

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More

TRADING UPDATES: BWP confident in Bridgewater; MediaZest in loss swing

30th Jun 2023 15:59

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More

UK shareholder meetings calendar - next 7 days

24th Mar 2023 15:52

IN BRIEF: MediaZest swings to annual profit as revenue grows

1st Mar 2023 14:35

MediaZest PLC - Surrey-based audiovisual services firm - Swings to annual profit in financial year ended September 30. Pretax profit of financial 2022 is GBP12,000 compared to a loss of GBP140,000 a year prior. Revenue climbs 26% to GBP2.8 million from GBP2.2 million. "Client demand in all three key sectors in which the company operates - retail, automotive and corporate office spaces - continued to be encouraging with new project briefs and new client pitches seen consistently throughout the year," MediaZest says. Cost of sales increases mildly in comparison to revenue, by 12% to GBP1.3 million from GBP1.2 million. Looking ahead, company aims to build on the recent progress and to generate organic growth, and evaluate potential acquisition targets "to supplement that growth where suitable," Chair Lance O'Neill says. Read More

IN BRIEF: MediaZest incorporates wholly-owned European subsidiary

16th Jan 2023 16:40

MediaZest PLC - Surrey-based audiovisual services firm - Completes the incorporation of a new, wholly owned, European subsidiary based in the Netherlands. Says the subsidiary will help the company to deliver services more efficiently to its EU based clients, building on recently completed projects. These include audio-visual work for the new Lululemon flagship on the Champs Elysees in Paris which opened in December, and since the start of 2023 projects in the region have already included overseas work in Slovakia, it adds. Read More

IN BRIEF: MediaZest shares rise on interim swing to profit

28th Jun 2022 11:55

MediaZest PLC - Surrey-based audiovisual services firm - Swings to a profit in the half-year ended March 31. Pretax profit stands at GBP40,000 versus a loss of GBP160,000 a year ago. Revenue grows to GBP1.4 million from GBP846,000. Firm will establish an office in a mainland European country that is in the EU "to better facilitate project delivery and logistics following Brexit and to capitalise on these new opportunities," Chair Lance O’Neill explains. Read More

IN BRIEF: MediaZest to report profit in first half

30th May 2022 18:56

MediaZest PLC - Woking, England-based audiovisual services firm - Says trading in the six months to March 31 began well with "significant" improvement from the prior year. Achieved profit during the period at earnings before interest, tax, depreciation and amortisation level and profit after tax. Trading remains positive since the period across the key sectors such as retail, automotive and corporate. Read More

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