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Pin to quick picksMediazest Share News (MDZ)

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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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(ShareCast News) - MediaZest said it's expecting £1m in revenue from some major projects with well-known brands. The AIM-listed audio-visual company released a trading statement on Tuesday ahead of the release of its half-year results next month. It said the group had secured new business from Hyun

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13 Oct 2015 07:28

MediaZest Secures New Business Worth GBP1.0 Million

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Mediazest plunges as full-year loss widens

(ShareCast News) - Shares in Mediazest plunged over 28% early on Monday, after the media agency posted a wider pre-tax loss, due to a decline in revenues. The group posted a £776,000 pre-tax loss for the 12 months to the end of March, 14.9% more than in 2014, while its revenues declined 13.7% year-o

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4 Aug 2015 11:05

Mediazest shares climb on contract wins

(ShareCast News) - Media and audio visual installer group Mediazest said it has won contracts worth a combined £500,000 with a number of new clients. In a statement issued on Tuesday, the London-listed company revealed since its last update in April, it has secured deals with technology giant Samsun

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9 Jul 2015 08:33

Mediazest Appoints Andy Last As Finance Director, Executive Director

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9 Jul 2015 08:18

MediaZest appoints new FD, sales director steps down

AIM-quoted creative audio-visual company MediaZest has appointed Andrew Last as its finance director with immediate effect. Last, who joined MediaZest in October 2014, will also be appointed as an executive director, the company confirmed on Thursday. Prior to MediaZest, Last worked in practice for

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MediaZest Progressing Strategy In First Quarter Of 2015

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Mediazest Secures Extension On Retail Analytics Contract

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Mediazest shares rocketed on Monday after launching its retail data gathering product, MediaZest Retail Analytics. The product, which has been developed in conjunction with Argus Global Biometrics Technologies, is the first scalable intellectual property asset the group has added since inception. C

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