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Share Price Information for Mobile Streams (MOS)

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Share Price: 0.0475
Bid: 0.045
Ask: 0.05
Change: 0.0075 (18.75%)
Spread: 0.005 (11.111%)
Open: 0.04
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Mobile Streams pleased with performance even as revenue halves

Mon, 14th Jan 2019 14:43

(Sharecast News) - Mobile Streams updated its shareholders on its progress for the six months ended 31 December on Monday, highlighting the fact that it secured direct agreements with all four mobile telecom operators in India during the period.The AIM-traded firm said that despite "challenging" economic conditions, Argentina trading was also stable.Unaudited revenues were around £0.92m, down from £1.83m year-on-year on a constant currency basis, taking into account the devaluation of the Argentinian peso.Unaudited revenue was £1.41m, with all revenue from continuing operations.Cash and cash equivalents stood at £0.54m as at 31 December, down from £1.47m a year earlier, with no debt."We are pleased that the team secured direct agreements with all of the major telecom operators in India," said Mobile Streams chief executive officer Simon Buckingham."This enabled us to achieve our highest revenue quarter in the region since launch in 2015."Buckingham said increased and more stringent regulations imposed by the telecom operators had led to reduced investment in support for value-added services in the latter part of the period, which impacted Mobile Stream's revenue targets."Looking ahead to 2019, despite ongoing concerns over the economy in Argentina, we expect trading to remain stable; in India, despite some uncertainties following the recent telecom operator mergers and their support for value added services, we expect increased contribution from our most recent [billing] partner."
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28 Mar 2018 19:43

UPDATE 1-India slashes potash subsidy by 10 pct, could hurt imports

By Rajendra Jadhav MUMBAI, March 28 (Reuters) - The Indian cabinet on Wednesday slashed subsidies for potash-based fertiliser by more than 10 percent for the next year

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28 Mar 2018 16:46

HSBC Lowers Stake in Mobile Streams To 5.9% From 7.0% (ALLISS)

LONDON (Alliance News) - Mobile gaming site Mobile Streams PLC said Wednesday HSBC Holdings PLC reduced its stake in the company to 5.9% after a transaction on took its stake

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28 Mar 2018 16:03

India lowers 2018/19 subsidy for potash fertiliser by 10 pct

MUMBAI, March 28 (Reuters) - Indian cabinet on Wednesday slashed subsidies for potash-based fertiliser by more than 10 percent for the next fiscal year beginning April 1, as a

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27 Mar 2018 13:20

Mobile Streams Interim Revenue Drops, To Fall Further In Second Half

LONDON (Alliance News) - Mobile Streams PLC said on Tuesday its interim loss narrowed though revenue dropped, and added it expects second-half revenue to be lower than that in

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21 Mar 2018 10:40

UPDATE 1-Phosagro reports fall in Q4 profit, targets higher output

* EBITDA down 5 pct, revenue up 14 percent * Says optimistic on fertiliser prices (Adds CEO comment, outlook, details, share price) MOSCOW, March 21 (Reuters) -

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12 Mar 2018 11:00

RPT-FOCUS-Corn as cash: Brazil's bartering farmers raise risks for Canada's Nutrien

(Repeats with no changes to text) By Rod Nickel and Ana Mano WINNIPEG, Manitoba/SAO PAULO, March 12 (Reuters) - Taking a page from its aggressive growth in

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12 Mar 2018 05:00

FOCUS-Corn as cash: Brazil's bartering farmers raise risks for Canada's Nutrien

By Rod Nickel and Ana Mano WINNIPEG, Manitoba/SAO PAULO, March 12 (Reuters) - Taking a page from its aggressive growth strategy in the United Ltd

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26 Jan 2017 10:13

Mobile Streams First Half Trading In Line As India Subscribers Rise

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7 Dec 2016 16:09

UK Shareholder Meetings Calendar - Next 7 Days

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2 Dec 2016 10:15

Mobile Streams raises £2.2m to finance marketing in India

(ShareCast News) - Technology company Mobile Streams has raised £2.2m on an equity placing to finance marketing ambitions in India. Simon Buckingham, chief executive, said: "As a mobile technology company, it seems only fitting that 43% of subscribers on PrimaryBid did so via mobile devices.The capi

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2 Dec 2016 09:27

Mobile Streams Raises More Than Expected In Oversubscribed Placing (ALLISS)

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10 Nov 2016 10:52

Mobile Streams' shares dive as it swings to FY pre-tax loss

(ShareCast News) - Emerging markets-focused media company Mobile Streams has reversed to a full-year pre-tax loss of £0.74m, from the prior year's profit of £0.83m, causing its shares to plunge by nearly a third. This result was led by a plunge in revenues by the AIM-quoted company to £12.8m, from £

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10 Nov 2016 09:39

Mobile Streams Swings To Loss As Argentina Woes Slam Revenue

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6 Sep 2016 11:53

Mobile Streams gains popularity in India

(ShareCast News) - Mobile streams, a mobile content retailer, announced that its Indian subsidiary has reached over 50,000 active subscribers. Active subscribers are those customers who have made a purchase from the company in the past 60 days. Chief Executive Simon Buckingham, said: "This is a sig

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6 Sep 2016 07:29

Mobile Streams Reaches Milestone And Plans For Audience Expansion

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