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IN BRIEF: DigitalBox Interim Profit To Beat Expectations; Revenue Flat

28th Jul 2020 17:59

DigitalBox PLC - digital media - For first half of 2020, expects to report adjusted pretax profit ahead of management expectations, on revenue that is set to remain flat year-on-year at GBP1 million, as website visits increased significantly but value - which is the price paid by advertisers to reach users - fell sharply. Trading tough due to Covid-19, but signs in third quarter that advertising spend is increasing.

Current stock price: 5.30 pence

Year-to-date change: down 20%

By Dayo Laniyan; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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