Mirriad Advertising Share News (MIRI)

Mirriad losses narrow as it works to bring down cash burn

(Sharecast News) - In-content advertising specialist Mirriad reported first-half revenue of £0.59m on Tuesday, making for a modest increase from the prior year's £0.58m.

Mirriad Advertising shares fall as laments US ad market pressure

(Alliance News) - Mirriad Advertising PLC on Tuesday reported a smaller loss for the first half of 2023, though the company highlighted ongoing US advertising market pressure dating back to the fourth quarter of 2022.

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Mirriad revenue rises slightly in half year with China exit

Mirriad Advertising PLC - London-based in-content advertising technology - Says its revenue in its first half ended June 30 up slightly at GBP592,000 from GBP577,000 following its final exit from China, says revenue derived from continuing operations up 26% from the previous year at GBP576,000 from GBP458,000. Mirriad expects revenue in the second half of the year to be around twice of that of the first half. The company completed its restructuring plan to reduce monthly cash burn at end of May, with a one-off cost of GBP311,000.

UK shareholder meetings calendar - next 7 days

AIM WINNERS & LOSERS: IOG says gas flow at Blythe lower than expected

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

IN BRIEF: Mirriad Advertising shares drop as annual loss widens

Mirriad Advertising PLC - London-based in-content advertising technology - Shares collapse by 17% to 3.15 pence in London on Wednesday. Firm says pretax loss in 2022 widens to GBP15.6 million from GBP12.0 million the previous year. Revenue falls to GBP1.5 million from GBP2.0 million. Mirriad says this was due to the impact of Covid-19 on Chinese business and sustained lockdowns in China. Administrative expenses up to GBP16.9 million, from GBP13.9 million, due to the US team growing to 15 staff members from 12. No dividend has been proposed for 2022.

UK shareholder meetings calendar - next 7 days

TRADING UPDATES: Trinity Exploration spuds well; Equipmake inks deal

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

IN BRIEF: Mirriad renews deal with Spanish-language outlet Univision

Mirriad Advertising PLC - London-based advertising platform - Renews three-year deal with Spanish language media creator and content supplier Univision. New York-based Univision is owned by TelevisaUnivision. The deal enables Mirriad to be the main sales channel for Univision's in-content placements. Univision is part of Mirriad's 'multicultural marketplace' of entertainment content.

LONDON MARKET CLOSE: FTSE 100 in the green ahead of Fed rate decision

(Alliance News) - Stocks in London were higher at the close on Wednesday as investor waited with bated breath for the US Federal Reserve's next interest rate decision.

LONDON MARKET MIDDAY: Stocks up ahead of US Fed rate decision

(Alliance News) - Blue-chip equities in Europe were higher at midday on Wednesday, before the Federal Reserve takes centre-stage, as a key week for central bank decisions and US labour market data picks up speed.

Mirriad Advertising shares surge on Microsoft collaboration

(Alliance News) - Mirriad Advertising PLC shares more than doubled on Wednesday, after it said it has worked with Microsoft Corp to build a new application programming interface.

AIM WINNERS & LOSERS: Mirriad shares surge on Microsoft collaboration

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

LONDON MARKET OPEN: Dollar softens ahead of US rate announcement

(Alliance News) - Stock prices in London opened in the green on Wednesday, as investors await what is anticipated to be the final interest rate hike from the US Federal Reserve this tightening cycle.