13th Jul 2023 12:01
System1 Group PLC - London-based marketing and brand consultancy - Revenue in the three months that ended June 30, the first quarter of its financial year, is GBP6.2 million, up 18% from GBP5.2 million a year before. This is led by a 32% increase in platform revenue to GBP4.9 million from GBP3.7 million, with revenue from the 'Predict Your' data product up 36% to GBP4.0 million from GBP3.0 million and revenue from the 'Improve Your' data-led consultancy service up 15% to GBP900,000 from GBP800,000. Meanwhile, non-platform consultancy revenue was down 16% on a year before to GBP1.3 million from GBP1.5 million. During the recent quarter, System1 launched two new 'Test Your Ad' product variants. It will publish results for the financial year that ended on March 31 on August 1.
Current stock price: 160.00 pence
12-month change: down 37%
By Tom Waite, Alliance News editor
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