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  2. Share Prices
  3. Mediazest Share Price
  4. Mediazest Share News
  5. MediaZest half year losses widen

Pin to quick picksMediazest Share News (MDZ)

Mediazest Information

Share Price Information for Mediazest (MDZ)

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Share Price: 0.0625
Bid: 0.055
Ask: 0.07
Change: 0.00 (0.00%)
Spread: 0.015 (27.273%)
Open: 0.065
High: 0.065
Low: 0.0625
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MediaZest half year losses widen

Wed, 19th Dec 2012 08:05

Advertising firm Mediazest said first half losses widened and as it takes further steps to reduce overheads by moving into cheaper offices in April.Loss before taxation widened to £239,000 for the six months ended September 30th 2012 compared to a loss of £151,000 the same time a year before. Revenue for the period fell to £964,000 from £1.7m previously. "The results for the period reflect a difficult start to the financial year with turnover lower than the corresponding prior period, although an improvement on the preceding six months. This is partly due to timing issues, as the corresponding prior period had two larger contracts with total value of approximately £550,000 that fell into those months," it explained in a statement.Operating losses swelled to £184,000 from a loss of £109,000 a year earlier. Diluted loss per share increased to 0.073p from 0.061p. Despite the tough prevailing general economic climate, the group said work in the retail sector has picked up since the summer. Looking ahead MediaZest believes that the general economic climate will remain difficult. The group intends to place ongoing and increasing emphasis on the MediaZest Retail and Corporate offerings."Opportunities for MediaZest's services will continue to grow, notwithstanding the head wind of budgetary constraints in the general economic climate," it added.MediaZest also announced a placing of 149,166,900 shares at 0.12p per share to raise £179,000 before expenses.Shares of MediaZest plunged 20.59% at 08:50am in London.CJ
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MediaZest Annual Loss Widens After "Frustrating" Project Delays

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MediaZest losses widen on 'significant' project delays

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14 Dec 2016 08:26

MediaZest posts mixed bag of half-year results

(ShareCast News) - MediaZest reported its unaudited results for the six months to 30 September on Wednesday, for itself and its wholly owned subsidiary company MediaZest International. The AIM-traded firm's revenue for the period was £1.47m, while gross profit at £0.63m was up 2%. Gross margins imp

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12 Aug 2016 10:43

MediaZest narrows losses in best-ever year

(ShareCast News) - Creative audio-visual company MediaZest posted its final results for the year ended 31 March on Friday, reporting its best ever financial results with turnover of £3.14m and EBITDA profit of £0.06m, before a non-cash share option based charge of £0.14m. The AIM-traded firm achieve

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12 Aug 2016 07:27

MediaZest Loss Narrows As Outlook Positive On Strong Pipeline

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MediaZest Raises GBP250,000 In Share Placing (ALLISS)

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MediZest Finance Director Andy Last Resigns After 18-Month Term

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28 Jan 2016 18:34

MediaZest Says Full Year "Difficult To Forecast" On Project Timings

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Smart store concepts a winner for MediaZest

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18 Dec 2015 09:08

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