Business
Receipt of R&D tax credit
Mirriad Advertising PLC has received an R&D tax credit of approximately £346,000 from HMRC for the financial year ended 31 December 2024, which has increased the company's current cash position to approximately £1.275 million. Disclaimer*
About this update from Mirriad Advertising Plc
[{"type":"text","content":"\n\n24 December 2025\n \nMirriad Advertising plc\n(\"Mirriad\" or the \"Company\")\n \nReceipt of R&D tax credit\n \nMirriad, a leading provider of virtual product placement (\"VPP\") announces that, further to the Company's announcement on 19 December 2025, it has received an R&D tax credit of approximately £346,000 from HMRC in respect of the financial year ended 31 December 2024.\n \nAs a result of this receipt, the Company's current cash position stands at approximately £1.275 million.\n \nFor further information please visit www.mirriad.com or contact:\n \n\n\n\n\nMirriad Advertising plc\nLouis Wakefield, Chief Executive Officer\nJames Black, Chairman\n \n\n\n \n \nc/o Allenby\n\n\n\n\nAllenby Capital Limited (Nominated Adviser and Broker)\nJames Reeve (Corporate Finance)\nMatt Butlin / Lauren Wright (Sales and Corporate Broking)\n \n\n\n \n \nTel: +44 (0)20 3328 5656\n \n\n\n\n\n \nAbout Mirriad\n \nThe leader in virtual product placement and in-content advertising, Mirriad's multi-patented and award-winning platform can dynamically insert products and brands into Television, SVOD/AVOD, Music, and Influencer content. Mirriad creates net-new revenue opportunities for content owners with an ad format that virtually integrates brands in entertainment content, drives exceptional performance for advertisers and dramatically improves the viewing experience.\n \nMirriad currently operates in: EMEA, the US (via a Joint Venture with Rembrand), and India.\n \n\n","length":4831,"tagName":"div"}]