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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
- DIRECTOR DEALINGS: Matomy Media Director Tarlovsky Sells Shares
3 Jan 2020 - UK WINNERS & LOSERS SUMMARY: Bodycote Rises After Ellison Acquisition
24 Dec 2019 - Matomy Media Sells Team Internet To Repay Debt, CentralNic Buys
24 Dec 2019 - Matomy Media Bondholders Choose Full Redemption In January
2 Dec 2019 - UK Shareholder Meetings Calendar - Next 7 Days
2 Dec 2019 - Matomy Media Reports Profit Rise But Revenue Fall After Mobile Exit
28 Nov 2019 - Matomy Media Bondholders To Meet In December Over Full Redemption
26 Nov 2019 - CentralNic Acquires Team Internet For USD48 Million From Matomy Media
15 Nov 2019
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MTMY.L News
DIRECTOR DEALINGS: Matomy Media Director Tarlovsky Sells Shares
DIRECTOR DEALINGS: Matomy Media Director Tarlovsky Sells Shares
UK WINNERS & LOSERS SUMMARY: Bodycote Rises After Ellison Acquisition
UK WINNERS & LOSERS SUMMARY: Bodycote Rises After Ellison Acquisition
Matomy Media Sells Team Internet To Repay Debt, CentralNic Buys
Matomy Media Sells Team Internet To Repay Debt, CentralNic Buys
Matomy Media Bondholders Choose Full Redemption In January
Matomy Media Bondholders Choose Full Redemption In January
UK Shareholder Meetings Calendar - Next 7 Days
UK Shareholder Meetings Calendar - Next 7 Days
Matomy Media Reports Profit Rise But Revenue Fall After Mobile Exit
Matomy Media Reports Profit Rise But Revenue Fall After Mobile Exit
Matomy Media Bondholders To Meet In December Over Full Redemption
Matomy Media Bondholders To Meet In December Over Full Redemption
CentralNic Acquires Team Internet For USD48 Million From Matomy Media
CentralNic Acquires Team Internet For USD48 Million From Matomy Media
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