Outlook16 Aug 2023 19:26
Outlook
Overall, the Board is encouraged by the forward sales pipeline in the US and anticipates a pick-up in US activity in H2 2023. The Board also notes that Mirriad revenues are historically seasonal with significantly higher revenue expected in H2 compared to H1. The Company anticipates a similar pattern of revenue to FY2022 with H2 revenue approximately twice that of H1.
Integration work, testing and partnership discussions continue with multiple large entertainment companies in the US and the Board anticipates that one or more of these companies will ultimately contract with Mirriad for the provision of services by the end of 2023. The Company remains on track to deliver a fully programmatic service to US customers with programmatic revenues expected in 2024.
The Company will provide further updates in its interim results, which will be released in the week commencing 21 August 2023.
Perhaps discussions included Apple as well as Microsoft and Amazon.
Oh boy