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Tech company Mporium delivers an outstanding set of Q1 results says CEO De Groot


London South East met with CEO Nelius De Groot on the morning of MPM's latest trading statement, the Q1 Update, and he said reaction to the numbers had been really positive. "We have initiated coverage with our brokers FinnCap this morning and the initial reaction has been very good.

We are very proud of the numbers that are out there, £5.4M of revenues achieved in the first quarter is a significant step change from our 2017 whole year numbers which were below £2M". Mporium are a tech company who use events to drive digital marketing campaigns. Events happen all the time and are a big driver of consumer behaviour.

"It's about getting the right message to the right audience at the right time on the right channel - and we are the time component of the piece" said De Groot. MporiumX was launched last November and had 95% of revenues at Q1. It is focused on two booming sectors: consumer regulation and sports.

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