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Matomy Media Reports Loss In Slow Quarter For Advertising Spending
LONDON (Alliance News) - Matomy Media Group Ltd on Thursday reported a loss for the three months to March on the back of research & development and other general costs.
This was the first time the company has announced quarterly results and therefore no comparative was provided.
For the first quarter the the advertising firm reported revenue of USD37.6 million, and a pretax loss of USD6.3 million.
Operating loss amounted to USD3.4 million as the group said its core activities are "seasonal" and first quarter advertisement spending is the lowest in the year.
Shares in the company were untraded on Thursday, last quoted at 48.00 pence each.
Latest MTMY News
- UK TRADING UPDATE SUMMARY: Mereo To Delist From AIM Amid Nasdaq Focus
11 Nov 2020 - IN BRIEF: Matomy Proposes London Share Cancellation For November 23
13 Oct 2020 - IN BRIEF: Matomy Media Signs Non-Binding Merger Deal With Automax
29 Sep 2020 - IN BRIEF: Matomy Media Extends Contract Of Interim CEO Ilan Tamir
20 Aug 2020 - Matomy Media Interim Loss Narrows After Team Internet Sale
20 Aug 2020 - UK TRADING UPDATE SUMMARY: Churchill China Sales Hit By Virus
11 Jun 2020 - UK EXECUTIVE CHANGE SUMMARY: New Chairs For Matomy And Shield
26 May 2020 - Amitay Weiss appointed chair of Matomy Media
26 May 2020
Related News
UK TRADING UPDATE SUMMARY: Mereo To Delist From AIM Amid Nasdaq Focus
UK TRADING UPDATE SUMMARY: Mereo To Delist From AIM Amid Nasdaq Focus
IN BRIEF: Matomy Proposes London Share Cancellation For November 23
IN BRIEF: Matomy Proposes London Share Cancellation For November 23
IN BRIEF: Matomy Media Signs Non-Binding Merger Deal With Automax
IN BRIEF: Matomy Media Signs Non-Binding Merger Deal With Automax
MTMY.L News
UK TRADING UPDATE SUMMARY: Mereo To Delist From AIM Amid Nasdaq Focus
UK TRADING UPDATE SUMMARY: Mereo To Delist From AIM Amid Nasdaq Focus
IN BRIEF: Matomy Proposes London Share Cancellation For November 23
IN BRIEF: Matomy Proposes London Share Cancellation For November 23
IN BRIEF: Matomy Media Signs Non-Binding Merger Deal With Automax
IN BRIEF: Matomy Media Signs Non-Binding Merger Deal With Automax
IN BRIEF: Matomy Media Extends Contract Of Interim CEO Ilan Tamir
IN BRIEF: Matomy Media Extends Contract Of Interim CEO Ilan Tamir
Matomy Media Interim Loss Narrows After Team Internet Sale
Matomy Media Interim Loss Narrows After Team Internet Sale
UK TRADING UPDATE SUMMARY: Churchill China Sales Hit By Virus
UK TRADING UPDATE SUMMARY: Churchill China Sales Hit By Virus
UK EXECUTIVE CHANGE SUMMARY: New Chairs For Matomy And Shield
UK EXECUTIVE CHANGE SUMMARY: New Chairs For Matomy And Shield
Amitay Weiss appointed chair of Matomy Media
(Sharecast News) - Matomy Media announced on Tuesday that Amitay Weiss has been appointed as the chairperson of its board.
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