4 Feb 2019 13:46
Taptica to buy RhythmOne for £135m
(Sharecast News) - Mobile video advertising company Taptica International has agreed to buy RhythmOne for approximately £135m in shares.
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Don't have an account? Click here to register.RhythmOne shares rise on first-half revenue growth
Tue, 11th Oct 2016 11:38
(ShareCast News) - RhythmOne provided a preliminary update on its expected performance for the half year to 30 September on Tuesday, flagging revenues of at least $80m, 80% of which was derived from core mobile, video and programmatic products.The AIM-traded firm said it made programmatic revenues of at least $55m, representing 45% growth year-on-year.Its adjusted EBITDA loss was less than $2.9M - an improvement of 60% over the first half of the last year."It is encouraging to see the financial results of the company begin to reflect our intense strategic and operational focus on core mobile, video and programmatic products," said CEO S. Brian Mukherjee."Within a year, the team has successfully built an industry-leading, programmatic platform, which currently ranks number four in size and number three in quality, as measured by comScore and Pixalate, respectively."Mukherjee said the company's ability to source and represent unique, quality inventory at scale remained a core strength, which it intends to augment through both organic and inorganic means."We maintain that the significant steps we took in FY2016 to realign the business around our core capabilities have set the stage for both top-line revenue growth and a return to full year profitability in FY2017."At 1406 BST, shares in RhythmOne were up 2.68% at 35.94p.
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30 Jan 2019 08:32
Taptica in advanced talks to buy RhythmOne
(Sharecast News) - Taptica confirmed on Wednesday that it is in advanced discussions with RhythmOne about a potential takeover of the company in an all-share deal.
Read more13 Dec 2018 09:44
Rhythmone cuts loss as revenue soars on integrated acquisitions
(Sharecast News) - RhythmOne's shares were boosted on Thursday after the digital advertising technology outfit cut its interim losses as the integration of YuMe spurred revenue growth.
Read more20 Nov 2018 12:36
RhythmOne enters anti-fraud collaboration with Pixalate
(Sharecast News) - RhythmOne on Tuesday formed a partnership with Pixalate to integrate the company's traffic-detection and filtration technology into its platform offering.
Read more19 Jan 2017 08:39
RhythmOne buys rewards and engagement platform for $42.5m
(ShareCast News) - Digital media firm RhythmOne has bought Perk, a Canada-based mobile-first rewards and engagement platform, for $42.5m in order to strengthen its scale. The AIM-listed company announced that it closed the deal on Thursday, after it agreed to buy Perk's issued outstanding common and
Read more5 Jan 2017 10:00
RhythmOne appoints Richard O'Connor as CFO
(ShareCast News) - AIM-listed digital advertising company RhythmOne has appointed Richard O'Connor as its new chief financial officer. He will take over from Ed Reginelli, who has decided to step down after five years in the role, following a "suitable handover period" and Reginelli will be availab
Read more5 Dec 2016 09:04
RhythmOne to buy Canada's Perk for $42.5m
(ShareCast News) - Video search company RhythmOne is to buy Toronto-listed Perk, a mobile-first rewards and engagement platform, for $42.5m in a bid to strengthen its scale and platform. The AIM-listed company has agreed to buy Perk's issued outstanding common and class A shares and certain employee
Read more15 Nov 2016 13:39
RhythmOne encouraged by reduction in H1 pretax loss
(ShareCast News) - RhythmOne is encouraged to see its first-half results reflect its strategic and operation focus on core mobile, video and programmatic products. The company booked a first-half pre-tax loss attributable to shareholders of $10.9m, from a year-earlier loss of $79.5m. Chief executiv
Read more11 Oct 2016 07:21
12 Jul 2016 08:37
RhythmOne confident online ads will escape Brexit effect
(ShareCast News) - Online advertising agency RhythmOne, which changed its name from Blinxx in June, expressed confidence about returning to full year profitability and played down the effects of Brexit as trading in the first quarter "materially" beat expectations. A trading update for the first qua
Read more12 Jul 2016 07:26