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Pin to quick picksMobile Streams Regulatory News (MOS)

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Launch of Streams China and Trading Update

2 Mar 2021 07:00

RNS Number : 7752Q
Mobile Streams plc
02 March 2021
 



 

 

2 March 2021

 

Mobile Streams plc

("MOS" or "the Company")

 

Launch of Streams China and Trading Update

 

Mobile Streams plc, the AIM quoted mobile content and data intelligence company, is pleased to announce the launch of its first international language version of Streams, the Company's bespoke data insight, intelligence and visualisation service.

 

Streams China launch

We are pleased to announce that the Chinese language version of Streams will launch on 14 March. Streams China is aimed specifically at the Chinese market for companies that want to sell their products and services to a western audience. This will mark the first time we have launched an additional language version of the platform, and as indicated on 22 January we anticipate launching the Streams Data service in other key global markets during the year.

 

Trading update

We are delighted to announce that revenues and customer growth continue to remain ahead of our internal forecast, and monthly Streams Data revenue has now exceeded the net revenue brought in via the legacy business. The Streams Data business, comprising the bespoke data insight, intelligence and visualisation service which achieved first revenues in June 2020, and the Streams SaaS ("Software as a Service") platform which generated initial customer revenues in October, are now generating monthly revenue of £12,000, a 33.3% increase since December 2020 alone.

 

Whilst still at a modest level, with our pipeline of product development and marketing, we expect to see significant growth in 2021, with additional higher price points to come.

 

Mobile business

The legacy business continues to perform in line with internal expectations.

 

Nigel Burton, Non-Executive Director, said:

"Whilst modest in real terms we are delighted with the performance of the business to date. We are seeing good revenue and customer growth for the Streams data business, and our launch into the Chinese market is the first step in making Streams a truly global platform."

 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

 

For further information, please contact:

 

Mobile Streams plc

Nigel Burton, Non-Executive Director

+44 77 8523 4447

www.mobilestreams.com

 

Beaumont Cornish (Nominated Adviser)

James Biddle and Roland Cornish

+44 (0) 20 7628 3396

Peterhouse Capital Limited (Broker)

Lucy Williams, Duncan Vasey and Eran Zucker

+44 (0) 20 7469 0930

 

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END
 
 
TSTUARKRANUORAR
Date   Source Headline
18th Oct 20193:29 pmRNSHolding(s) in Company
17th Oct 20197:00 amRNSDirector Resignation
30th Sep 201910:59 amRNSResult of General Meeting and Trading Update
30th Sep 20197:00 amRNSHolding(s) in Company
27th Sep 20191:09 pmRNSResignation of Nominated Adviser and Broker
25th Sep 20192:30 pmRNSWithdrawal of Requisition for a General Meeting
24th Sep 20197:00 amRNSShareholder requisition notice
11th Sep 20195:17 pmRNSHolding(s) in Company
4th Sep 20197:00 amRNSProposed Cancellation & Notice of General Meeting
15th Jul 20197:00 amRNSTrading Update
12th Apr 20197:00 amRNSTrading Statement
29th Mar 201911:05 amRNSSecond Price Monitoring Extn
29th Mar 201911:00 amRNSPrice Monitoring Extension
29th Mar 20197:00 amRNSHalf-year Report
1st Mar 20191:15 pmRNSDirector/PDMR Shareholding
27th Feb 20197:00 amRNSSubscription of 40,000,000 New Ordinary Shares
19th Feb 20191:20 pmRNSResults of General Meeting
30th Jan 20197:10 amRNSPartnership with SIM Digital in Indonesia
30th Jan 20197:00 amRNSPosting of Circular and Notice of General Meeting
22nd Jan 20197:00 amRNSMobile Streams' new market initiative in Indonesia
14th Jan 20197:00 amRNSHalf Year Trading Statement
7th Jan 20197:00 amRNSPartnership with Reliance Jio
7th Dec 201810:44 amRNSResult of AGM
4th Dec 20187:02 amRNSSecond Price Monitoring Extn
4th Dec 20187:00 amRNSPrice Monitoring Extension
3rd Dec 20189:05 amRNSSecond Price Monitoring Extn
3rd Dec 20189:00 amRNSPrice Monitoring Extension
30th Nov 20181:28 pmRNSUpdate
30th Nov 20187:00 amRNSBilling agreement with BSNL
23rd Nov 20187:00 amRNSMOS welcome the 6 millionth user
9th Nov 20187:00 amRNSFinal Results
11th Oct 20187:00 amRNSMobile Streams break new ground in India
26th Sep 20187:00 amRNSLaunch of New Mobile Game Store
13th Sep 20187:00 amRNSMOS launch Electroneum Cryptocurrency in Argentina
31st Aug 20187:00 amRNSMobile Streams branch out in Latin America
14th Aug 20187:00 amRNSMOS announces launch of Augmented Reality game
31st Jul 20187:00 amRNSMobile Streams announce new and exclusive games
12th Jul 20187:00 amRNSTrading Statement
15th Jun 20187:00 amRNSMobile Streams signs agreement with Electroneum
3rd May 20182:05 pmRNSSecond Price Monitoring Extn
3rd May 20182:00 pmRNSPrice Monitoring Extension
1st May 20187:00 amRNSAgreement with Aptoide
30th Apr 20184:30 pmRNSTotal Voting Rights
20th Apr 20187:00 amRNSSubscription to raise funds
16th Apr 20189:48 amRNSHolding(s) in Company
9th Apr 201812:41 pmRNSDirector/PDMR Shareholding
28th Mar 20188:54 amRNSHolding(s) in Company
27th Mar 20187:00 amRNSHalf-year Report
14th Feb 20188:49 amRNSHolding(s) in Company
8th Feb 20187:46 amRNSHolding(s) in Company

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