Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMediazest Share News (MDZ)

Share Price Information for Mediazest (MDZ)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.0625
Bid: 0.055
Ask: 0.07
Change: 0.00 (0.00%)
Spread: 0.015 (27.273%)
Open: 0.0625
High: 0.0625
Low: 0.0625
Prev. Close: 0.0625
MDZ Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: BWP confident in Bridgewater; MediaZest in loss swing

Fri, 30th Jun 2023 15:59

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

----------

BWP REIT PLC - real estate investment trust - Reports net asset value per share of 71.0 pence at end of March, compared to deficit of 886.3p at end of September. BWP owns the Bridgewater Place, an office-led mixed use property in central Leeds, England. "The board's confidence about the prospects for Bridgewater Place is unchanged since listing, notwithstanding volatile financial markets," BWP added.

----------

MediaZest PLC - Surrey-based audiovisual services firm - Revenue for six months ended March 31 falls 25% to GBP1.1 million from GBP1.4 million, which MediaZest puts down to "delays to client projects". Swings to pretax loss of GBP260,000 from profit of GBP40,000. "The board believes the outlook for the remainder of the financial year is encouraging. Projects delayed from the first half of the year have now commenced and some are completed, and that is expected to be reflected in improving financial results in the second half of the financial year," MediaZest says.

----------

Fandango Holdings PLC - London-based investment company focused on the industrial and services sectors - For the 18 months to February 28, pretax loss amounts to GBP142,000 and investment income totals GBP138,000. Fandango had changed year-end date to end of February from August 31. For year ended August 31, 2021, pretax loss amounted to GBP495,000.

----------

RentGuarantor Holdings PLC - London-based provider of rent guarantee services in the UK private rental sector - Revenue in 2022 rises 72% to GBP414,078 from GBP241,033, while pretax loss narrows to GBP910,778 from GBP1.5 million. Company says: "The year has not been without its challenges and interest rates have risen rapidly from record lows. Inflation continues to put pressure on household budgets and the marketplace generally. This has caused both landlords and tenants to re-assess their property aspirations but at the same time this has emphasised the need for the company's services across the property rental sector. We have given considerable attention to the adjustments taking place in the market and have carefully managed the risks to our growth strategy. Our cautious but focused approach holds the business in a strong position to meet the economic and regulatory headwinds faced by tenants and landlords alike."

----------

Calculus VCT PLC - venture capital trust - Net asset value per share at February 28 year-end falls 3.3% to 65.63 pence from 67.90p 12 months prior. Proposes 2.95p final dividend, down 3.6% from 3.06p. "There has been a strong performance across a broad range of the company's qualifying investments, which is particularly encouraging given challenging market conditions," Calculus VCT says. Looking ahead, it has changed its year-end date to March 31. It will next report half-year results for the period to August 31, then subsequently, audited results for the 13 months ending March 31, 2024.

----------

Lansdowne Oil & Gas PLC - North Celtic Sea-focused oil and gas company - Pretax loss in 2022 widens to GBP364,000 from GBP131,000. Administrative expenses increase to GBP218,000 from GBP82,000. Lansdowne in May received a blow related to the Barryroe field in Ireland. Ireland said the Barryroe lease undertaking would not be granted.

----------

By Eric Cunha, Alliance News news editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
27 Nov 2023 10:08

AIM WINNERS & LOSERS: Frontier Developments slumps; Epwin eyes buyback

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

Read more
27 Nov 2023 09:38

IN BRIEF: MediaZest shares rise as secures new business win

MediaZest PLC - Surrey, England-based audiovisual solutions' provider - Announces new business win with an unnamed international client following a "successful" initial project this year. Says new contract is scheduled for early 2024.

Read more
19 Oct 2023 11:12

MediaZest shares surge on rising revenue and "encouraging" outlook

(Alliance News) - MediaZest PLC on Thursday said top-line revenue increased in its latest half-year, and said the current year is already presenting "significant and numerous" new business opportunities.

Read more
19 Oct 2023 11:08

MediaZest shares surge on rising revenue and "encouraging" outlook

(Alliance News) - MediaZest PLC on Thursday said top-line revenue increased in its latest half-year, and said the current year is already presenting "significant and numerous" new business opportunities.

Read more
7 Aug 2023 10:57

IN BRIEF: MediaZest raises GBP130,000 through loan notes to investors

MediaZest PLC - Woking, England-based audio-visual company - Raises GBP130,000 through the issue of new three-year unsecured convertible loan notes to existing investors. Also repays GBP150,000 of unsecured convertible loan notes previously issued on August 5, 2020.

Read more
19 Jul 2023 16:50

LONDON MARKET CLOSE: Stocks soar, sterling suffers after shock UK CPI

(Alliance News) - Stocks in London ended sharply higher on Wednesday after a cooler-than-expected inflation print in the UK raised hopes that the Bank of England won't have to hike interest rates as far and as fast as previously feared.

Read more
19 Jul 2023 10:36

MediaZest trading positively in second half

(Sharecast News) - Audio-visual specialist MediaZest reported positive trading in an update on Wednesday.

Read more
19 Jul 2023 10:00

MediaZest expects improved second half trading from new business wins

(Alliance News) - MediaZest PLC on Wednesday said trading in the second half of its financial year has been "promising", with "significant" new business wins with both new and existing clients.

Read more
19 Jul 2023 09:57

AIM WINNERS & LOSERS: MediaZest encouraged; CEO out at Watkin Jones

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

Read more
24 Mar 2023 15:52

UK shareholder meetings calendar - next 7 days

Monday 27 March 
Let's Explore Group PLCGM re off-market purchase of the Company's ordinary shares 
Oncimmune Holdings PLCGM re directors' remuneration
Tuesday 28 March 
Autins Group PLCAGM
Cindrigo Holdings LtdAGM
Ground Rents Income Fund PLCAGM
Wednesday 29 March 
Various Eateries PLCAGM
Versarien PLCAGM
Thursday 30 March 
AssetCo PLCAGM
Melrose Industries PLCGM re proposed demerger of Dowlais Group
Nexus Infrastructure PLCAGM
Oxford BioDynamics PLCAGM
Pantheon Infrastructure PLCAGM
Polar Capital Holdings PLCAGM
Power Metal Resources PLCAGM
Friday 31 March 
Inland Homes PLCAGM
MediaZest PLCAGM
Pressure Technologies PLCAGM
Tekmar Group PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
1 Mar 2023 14:35

IN BRIEF: MediaZest swings to annual profit as revenue grows

MediaZest PLC - Surrey-based audiovisual services firm - Swings to annual profit in financial year ended September 30. Pretax profit of financial 2022 is GBP12,000 compared to a loss of GBP140,000 a year prior. Revenue climbs 26% to GBP2.8 million from GBP2.2 million. "Client demand in all three key sectors in which the company operates - retail, automotive and corporate office spaces - continued to be encouraging with new project briefs and new client pitches seen consistently throughout the year," MediaZest says. Cost of sales increases mildly in comparison to revenue, by 12% to GBP1.3 million from GBP1.2 million. Looking ahead, company aims to build on the recent progress and to generate organic growth, and evaluate potential acquisition targets "to supplement that growth where suitable," Chair Lance O'Neill says.

Read more
16 Jan 2023 16:40

IN BRIEF: MediaZest incorporates wholly-owned European subsidiary

MediaZest PLC - Surrey-based audiovisual services firm - Completes the incorporation of a new, wholly owned, European subsidiary based in the Netherlands. Says the subsidiary will help the company to deliver services more efficiently to its EU based clients, building on recently completed projects. These include audio-visual work for the new Lululemon flagship on the Champs Elysees in Paris which opened in December, and since the start of 2023 projects in the region have already included overseas work in Slovakia, it adds.

Read more
16 Jan 2023 15:54

MediaZest incorporates new EU subsidiary

(Sharecast News) - Audio-visual specialist MediaZest announced the incorporation of a new wholly-owned European Union subsidiary on Monday, based in the Netherlands.

Read more
20 Oct 2022 17:14

MediaZest performs 'well' in second half

(Sharecast News) - Audio-visual specialist MediaZest said in a trading update on Thursday that its operations performed "well" in its second half, and that it expected results for the year just ended would show a "significant" year-on-year improvement.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.