8th Sep 2020 14:10
Digitalbox PLC - digital media business - Reports revenue growth to GBP983,000 for the six months to the end of June from GBP712,000 a year earlier, with pretax loss narrowing to GBP102,000 from GBP713,000. Administrative expenses were reduced to GBP818,000 from GBP1.1 million year-on-year. Digitalbox said growth in traffic and revenue in the first quarter helped to alleviate the impact of Covid-19 in the second quarter. "We quickly adapted to deal with the new environment, and our content teams made a seamless switch to homeworking. Running a primarily automated commercial operation through programmatic and header bidding solutions has enabled us to continue the trading of our inventory without disruption," explained Chief Executive James Carter.
Current stock price: 5.60 pence
Year-to-date change: down 16%
By Evelina Grecenko; [email protected]
Copyright 2020 Alliance News Limited. All Rights Reserved.
Related Shares:
Digitalbox