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Mediazest Information
Share Price Information for Mediazest (MDZ)
Share Price is delayed by 15 minutes
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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
Prev. Close:
0.0625
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Don't have an account? Click here to register.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
More News
18 Aug 2014 17:04
MediaZest loss goes up but revenue rises too
MediaZest, the audio visuals company, saw a pre-tax loss for the year ended in March of £653,000, due to finance costs and administrative expenses. The company lost 0.09p per share, against 0.15p the year before. HMV's entry into administration in January 2013 was one of the main reasons behind t
Read more18 Aug 2014 08:28
2 Jun 2014 09:37
MediaZest Completes Its Largest Ever Contract
LONDON (Alliance News) - MediaZest PLC Monday said it has now completed its largest ever contract, a deal with The Coca-Cola Company related to the football World Cup. Under the deal, the creative media agency had supplied large scale audio-visual installations for the FIFA World Cup
Read more15 Jan 2014 12:41
UK MIDDAY BRIEFING: UK Companies Start To Feel Sterling Pinch
LONDON (Alliance News) - UK companies Wednesday started to warn that they are facing a profit hit from the gains sterling has made over the last six months, as revenues they bring back from sales overseas are worth less when translated into pounds. Luxury fashion house Burberry Group, polym
Read more15 Jan 2014 11:11
UK WINNERS & LOSERS: Burberry Leads FTSE 100; Centrica, SSE Hit By Downgrade
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday. ------- FTSE 100 - WINNERS Burberry Group, up 5.2%. The luxury fashion retailer has reported that its retail revenue rose 14% in the third quarter, w
Read more15 Jan 2014 10:55
MediaZest In Face Recognition Tie-Up With Argus Global
LONDON (Alliance News) - Creative media agency MediaZest PLC Wednesday said that it has signed a Memorandum of Understanding with intelligent solutions provider Argus Global, to develop and promote face recognition software. MediaZest said that the agreement, which has an initial term of tw
Read more15 Jan 2014 08:17
UK MORNING BRIEFING: Shares Open Higher; Burberry Jumps On Sales Report
LONDON (Alliance News) - UK shares have opened higher Wednesday on the back of better economic news from the US Tuesday.
British luxury fashion retailer Burberry joined the list of holiday sales winners, reporting that retail revenue rose 14% in its third quarter.