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Mobile Streams PLC - mobile content and data intelligence company headquartered in London - Reports revenue of GBP176,000 for half-year to December 31, down from GBP271,000 year before. Pretax loss narrows slightly to GBP353,000 from GBP363,000 as selling & marketing costs reduced to GBP30,000 from GBP54,000.
Adds that revenue and customer growth continues to remain ahead of internal forecasts, and monthly Streams Data revenue continues to exceed the net revenue brought in via the legacy business.
"We are delighted with the performance of the Streams Data business to date. We are seeing ongoing revenue and customer growth for this business and hope to see this trend continue throughout 2021," says Non-Executive Nigel Burton.
Current stock price: 0.22 pence; down 10% on Monday
Year-to-change change: down 4.4%
By Lucy Heming;Â lucyheming@alliancenews.com
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