Business
Interim Results
Interim Results.
About this update from Vox Valor Capital Limited
[{"type":"text","content":"\n\n31 March 2025\n \nVox Valor Capital Limited\n(\"Vox Valor\", the \"Company\" or the \"Group\")\n \nInterim Results for the twelve months ended 31 December 2024\n \nVox Valor (LSE: VOX), is pleased to announce its unaudited interim financial statements for the twelve months ended 31 December 2024.\n \nFor additional information please contact:\n \nKonstantin Khomyakov\nTel: +1 (345) 949-4544\nEmail: [email protected]\nNovum Securities Limited\nDavid Coffman / Anastassiya Eley\nTel: +44 (0)207 399 9400\n \nINTERIM MANAGEMENT REPORT FOR THE PERIOD ENDED 31 DECEMBER 2024\nOn 27 December 2024, Vox Valor announced the changing of its accounting reference date from 31 December to 31 May with immediate effect. The Company's next audited financial statements will be prepared for the 17-month period ending 31 May 2025 and will be released by 30 September 2025.\nThe Company is pleased to announce its interim financial statements for the 12-month period ended 31 December 2024 which have been published and are available on its website at www.voxvalor.com/investors.\nAbout the Company\nThe principal activity of Vox Valor is mobile app marketing. The Group focuses on mobile game or app (content) business performance and has been providing services for the promotion of mobile apps and games for several years.\nSummary of Trading Results\nThe Company reports strong revenue growth accompanied by a decrease in profit margin associated with the cost of attracting new customers.\nManagement's focus in the reporting period was on the Group's financial performance. For the fiscal period ended 31 December 2024, Vox Valor reported revenues of USD 12 million (2023: USD 5.6 million).\nRevenue achieved by Mobio Singapore was USD 7 million (2023: 719k), revenue achieved by Mobio Global Ltd was USD 4.3 million (2023: USD 4.8 million), and revenue achieved by Mobio Global Inc (US) was USD 827k (2023: USD 13k).\nOperating expenses were USD 12.2 million for the 12 months' period ended 31 December 2024 (2023: USD 5.7 million).\nGross margin for the 12 months' period ended 31 December 2024 was USD 1.1m (9%) compared to 1.3m (23%) in 2023.\nVox Valor reports an operating loss of USD 144k (2023: loss USD 90k).\nTotal comprehensive result for the 12 months' period ended 31 December 2024 was a loss of USD 946k ...