Business
2018 Preliminary Results
2018 Preliminary Results.
About this update from Fiinu Plc
[{"type":"text","content":"\n \nRNS Number : 6145Z Immedia Group PLC 21 May 2019 \n\n \n \n \nThe information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.\n \n \nTuesday, 21 May 2019\n \n \nImmedia Group Plc\n(\"Immedia\" or \"the Group\" or \"the Company\")\nmulti-media content and digital solutions provider to global businesses and organisations\n \n2018 Preliminary Results \n \nImmedia Group Plc (AIM: IME) today announces its preliminary results for the year ended 31 December 2018. \n \n \n\"2018 delivered a substantial improvement in performance over the prior year in terms of revenue and profitability.\nOur unique mix of brand engagement and creative skills is underpinning our ability to secure new and exciting business. 2019 business activity is performing in line with our expectations while we are also witnessing a pipeline of new and exciting opportunities with several key potential clients across our target verticals.\"\nTim Hipperson, Chairman\n \n \n \n\n\n\n\nFINANCIAL HIGHLIGHTS\n\n\n\n\nØ A much-improved performance over the prior year\n\n\n\n\nØ 32% increase in revenue to £4,686,934\n\n\n\n\nØ EBITDA profit of £262,588 (2017: loss £512,847)\n\n\n\n\nØ PBT of £106,204 (2017: loss £693,268)\n\n\n\n\nØ Cash balances increased to £369,698 (2017: £53,743)\n\n\n\n\nØ The Group remains debt free apart from finance leases totaling £77,044\n\n\n\n\n \n \n\n\n\n\nOPERATIONAL HIGHLIGHTS\n\n\n\n\nØ Immedia's audience engagement strategies achieve true market traction\n\n\n\n\nØ Launched the innovative JD-X app project for JD Sports Fashion plc \n\n\n\n\nØ Expanded the reach of our multimedia content to smart devices and other audio platforms such as Amazon Alexa, Google Home, Apple Podcasts, Overcast and iHeart\n\n\n\n\nØ Dreamstream-X platform delivered a class leading broadcast audio solution to the entire Nationwide Building Society estate \n\n\n\n\nØ Landmark work for clients such as FIFA, Weir Oil and Gas, Maersk, Halliburton and Visit Visit Aberdeenshire\n\n\n\n\nØ IME ...