Business
INTERIM RESULTS
INTERIM RESULTS.
About this update from Fiinu Plc
[{"type":"text","content":"\n \nRNS Number : 8654R Immedia Group PLC 17 September 2014 \n \n\n17 September 2014\n \nIMMEDIA GROUP PLC\n \n(\"Immedia\" or \"the Company\")\n \nINTERIM RESULTS\n \nImmedia Group Plc (AIM: IME), a premier supplier of digital music, entertainment and commerce channels to leading brands, today announces its interim results for the half year to 30 June 2014.\n \n \nHighlights\n \n· Improved earnings per share (H1 2014 vs H1 2013);\n· Significant gains on investment in Audioboom Group Plc;\n· Cash used to further reduce borrowings by £118,000; and\n· Positive outlook for 2014 / 2015.\n \n \n \n \nFinancial Highlights\n\n\n\n\n\n\n\nUnaudited \nHalf year to \n 30 June 2014 \n\n\nUnaudited \nHalf year to \n 30 June 2013 \n\n\nAudited \nYear to \n31 December 2013\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRevenue\n\n\n£1,257,346\n\n\n£1,256,836\n\n\n£2,841,740\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nResults from operating activities\n\n\n£34,745\n\n\n£180,671\n\n\n£406,945\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nProfit before income tax\n\n\n£258,886\n\n\n£180,758\n\n\n£405,619\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nProfit for period attributable to equity shareholders\n\n\n£258,886\n\n\n£180,758\n\n\n£808,330\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nEarnings per share - basic (pence)\n\n\n1.89p\n\n\n1.32p\n\n\n5.89p\n\n\n\n\nEarnings per share - diluted (pence)\n\n\n1.85p\n\n\n1.32p\n\n\n5.89p\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCash and cash equivalents\n\n\n£356,690\n\n\n£266,931\n\n\n£614,745\n\n\n\n\n \n \n\n\nBruno Brookes, Chief Executive Officer of Immedia, said:\n \n \n\"The new appointments we made earlier this year - Justin Lello, former Business Development Manager (Mobile Media) at MTV Networks Europe and Adam Blake, formerly Associate Director of Operations for Data Select Ltd (part of the Phones International Group) - are part of the Company's strategy to drive innovation and growth and are allowing us to respond to a wider range of relevant opportunities and develop healthy new business which is expected to contribute later in 2014 and to 2015 and beyond.\n \nWe are confident that our st...