Business
MiMedia Provides Business Update Heading into Calendar Year-End
All Partners Shipping Devices with MiMedia Integrated at Same Time New York, New York--(Newsfile...
About this update from Mimedia Holdings Inc
[{"type":"text","content":"MiMedia Provides Business Update Heading into Calendar Year-EndAll Partners Shipping Devices with MiMedia Integrated at Same TimeNew York, New York--(Newsfile Corp. - December 2, 2025) - MiMedia Holdings Ltd. (TSXV: MIM) (OTCQB: MIMDF) (FSE: KH3) (\"MiMedia\", \"Company\"), is pleased to provide a brief business update heading toward the end of the 2025 calendar year. Management is excited to announce that, for the first time in the Company's history, all MiMedia partners are shipping devices or readying device shipments for the end of the year. The Company has never had this many partners shipping devices at the same time to contribute to our revenue funnel.MiMedia's dashboard is ready to receive this influx of revenue generating devices, as all of the systems required to support the Company's two revenue streams, mobile advertising and storage subscriptions, are already running and generating revenue. In addition, underlying metrics in our dashboard are looking stronger than ever. In particular, CPM mobile advertising rates in the US have been consistently above USD $20 in MiMedia’s dashboard, the highest levels recorded by the Company and more than double management’s projection, reflecting the robust mobile advertising market in the US. As several of MiMedia’s partners ship devices into the US region, the Company will benefit from the multiples higher CPM rates in the US vs other regions such as LATAM. Chris Giordano, MiMedia's CEO, stated: \"2025 has been an extraordinary year for our partners. In Q1, higher tariffs severely disrupted the smartphone ecosystem and supply chains and paused device shipments of many OEMs, including our partners. Our partners responded to this major challenge by moving device production out of highly affected countries such as China and into less affected places like Vietnam and the Philippines - a process that generally takes years to execute but instead, with great effort, only took months. Now in Q4, our partners have multiple production centers firing, insulating their device production from further tariff disruption (should there be any) while adding scalability.\" Mr. Giordano continued: “While we hoped for a breakthrough year with our partners in 2025, we are entering 2026 with the same expectation if not better. We mention the potential for higher expectations...