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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
- Matomy Media Gets Fresh Offer For Majority Team Internet Stake
9 Sep 2019 - Matomy Media Loss Widens; Progressing On Team Internet Stake Sale
30 Aug 2019 - UPDATE: Matomy Gets Extension To Investor Support Over Bond Repayment
28 Aug 2019 - Matomy Media Shares Rise As It Reports Interest In Team Internet Stake
28 Aug 2019 - Matomy Media Reports Termination Of Team Internet Deal With Rainmaker
21 Aug 2019 - Matomy Media Sale Of Team Internet To Rainmaker Likely To Fall Through
5 Aug 2019 - Matomy Media Sees Sharp Revenue Fall, Widened Loss In First Quarter
1 Aug 2019 - Majority Of Matomy Media Bondholders Vote Against Proposed Repayment
9 Jul 2019
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MTMY.L News
Matomy Media Gets Fresh Offer For Majority Team Internet Stake
(Alliance News) - Shares in Matomy Media Group Ltd sank sharply Monday after it received an offer to buy its stake in technology firm Team Internet AG...
Matomy Media Loss Widens; Progressing On Team Internet Stake Sale
(Alliance News) - Matomy Media Group Ltd on Friday reported a widened loss for the first half of 2019 and said that it is making progress on the sale ...
UPDATE: Matomy Gets Extension To Investor Support Over Bond Repayment
(Alliance News) - Matomy Media Group Ltd said on Wednesday it has received an additional letter from legal counsel to shareholders who provided letter...
Matomy Media Shares Rise As It Reports Interest In Team Internet Stake
(Alliance News) - Matomy Media Group Ltd said on Wednesday it has received several non-binding offers for its shares in Team Internet AG.Shares in Mat...
Matomy Media Reports Termination Of Team Internet Deal With Rainmaker
(Alliance News) - Matomy Media Group Ltd on Wednesday said that Rainmaker Investments GmbH has pulled out of discussions to acquire its shares in Team...
Matomy Media Sale Of Team Internet To Rainmaker Likely To Fall Through
(Alliance News) - Matomy Media Group Ltd on Monday said negotiations for the sale of its Team Internet AG stake to Rainmaker Investments GmbH have sta...
Matomy Media Sees Sharp Revenue Fall, Widened Loss In First Quarter
(Alliance News) - Matomy Media Group Ltd on Thursday reported a significantly widened loss and sharp drop in revenue in the first quarter of its finan...
Majority Of Matomy Media Bondholders Vote Against Proposed Repayment
(Alliance News) - Matomy Media Group Ltd said Tuesday that 53% of bondholders voted against proposal which demands a USD4.5 million bond repayment wit...
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