Mobile Streams Regulatory News (MOS)

7.00am 22 December 2025

Mobile Streams plc

("MOS" or "the Company")

Audited Results for the year to 30 June 2025

The Company is pleased to announce the publication of its audited results for the year to 30 June 2025. The report and accounts are available on the Company's website and have been posted to Shareholders. The Chairman's statement is presented below.

Chairman's Statement

In the year to 30 June 2025 Mobile Streams made substantial progress in the transition of its business from the sale of legacy products to new product offerings especially the entry into the Mexican sports betting market and media market. The Group has been working closely with Estadio Gana Sapi de CV ("Estadio Gana"), Capital Media Sports Sapi de CV ("Capital Media Sports") and various experienced sports betting parties on the development of these new business lines in the run-up to the consumer launch of the on-line casino and sports book business which commenced in April 2025. This business is referred to as the BET business.

During the year the Group raised £3.9m principally via the exercise of Warrants, chiefly due to a significant rise in the company's share price across reporting period.

We deployed a portion of these raised funds to increase our equity position in Estadio Gana to 25.87% and to build our position in Capital Media Sports up to 22.5%. 

As a result of the positive progress in the development of the BET business, the company announced on 31st March 2025 its intentions to execute a reverse take-over of the two Mexican businesses that house these sports betting and media businesses in order to consolidate its operations in this segment. This transaction would take the group's ownership stake in Estadio Gana up from 25.87% to 100% and its ownership stake in Capital Media Sports up from 22.5% to 100%. This transaction is now expected to complete in Q1 2026.

Group revenue for the year ended 30 June 2025 was £1,412k (2024: £436k) with the large increase reflecting the supply of marketing, development and intelligence services as part of the development of the new business operations in Mexico as certain milestones on the pathway to commercial launch were delivered to BET. The increased level of investment into this business led to a significant increase in operating expenses. As a result, the loss before tax increased to £2,330k (2024: £947k loss). Debtors at year end included an amount of £1.452m being amounts owed to MOS by BET in respect of services provided; this amount will be converted into equity at part of the RTO announced on 31 March 2025.

The Directors do not propose payment of a dividend (2024: £Nil). At 30 June 2025, the Group had a cash balance of £1,550k, with a bank debt (Bounce Back Loan) of £29k (2024: £235k cash, with bank debt of £36k).

Since 30 June 2025 the Group has raised a further £0.6m in equity via the exercise of Warrants. This provides the liquidity to continue the progression and growth of the business. In the 3-month period to 30th September 2025 the Group has incurred significant expenditure in the progression of due diligence in respect of prospective business activities and accordingly the cash available to the Group at 30th September 2025 amounted to £991k.

Looking ahead to 2026 the Board has put together a strategy that we believe is both exciting and achievable and therefore we are confident that, subject to the continuing development of the bet business, the level of trade in this new business segment will continue to build significantly. 

The Directors have prepared a cashflow projection which includes the proceeds from the recent funding round and warrant exercise events which are expected to cover the Group's working capital requirements for the foreseeable future.

John Barker, Chairman

19 December 2025

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014, as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

For further information, please contact:

Mobile Streams plc

John Barker, Chairman

+44 7711920865

www.mobilestreams.com

Beaumont Cornish (Nominated Adviser)

James Biddle and Roland Cornish

+44 (0) 20 7628 3396

AlBr Capital Limited (Broker)

Lucy Williams and Duncan Vasey

+44 (0) 20 7469 0930

Axis Capital Markets Limited (Joint Broker)

Richard Hutchinson

+44 (0) 20 3206 0320

Nominated Adviser Statement

Beaumont Cornish Limited ("Beaumont Cornish"), is the Company's Nominated Adviser and is authorised and regulated in the United Kingdom by the Financial Conduct Authority. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in the announcement or any matter referred to in it.