£1m revenue total!16 Oct 2015 13:34
MediaZest, the creative audio-visual company, is pleased to provide shareholders with an update in respect of ongoing and new business confirmed for delivery during the financial year 2015/16. This follows the update provided with the Annual Accounts for the Financial Year ended 31 March 2015 which was announced on 24 August 2015.
Since then, the Group has secured material additional business from both Hyundai and Rockar with particular reference to two significant new projects.
Work also continues with Adidas (with projects won for two additional UK stores and another in mainland Europe) and the Group continues to complete new deployments for the Post Office Limited.
New clients gained in this period include Diesel, Molson Coors and the John Lewis Partnership. Existing clients such as Belstaff, HMV, Kuoni, TM Lewin and Samsung continue to help the Group to generate improved recurring revenue streams.
The combined total revenue value of these projects is approximately £1,000,000 almost all of which is expected to have been delivered before the end of this calendar year. We expect to undertake further projects moving forward with the majority of these clients and therefore to improve the sustainability and quality of the Group’s future revenues. It should be further noted that two of these projects include the deployment of the MediaZest Retail Analytics platform.