Bidstack released a trading update on 7 July indicating that H1/22 revenue had increased 160% to £2.1m with improved year-on-year gross margin (H1/21: 34.5%). Considerable commercial progress has been made in the period, notably the December 2021 agreement with Azerion guaranteeing a minimum US$30m revenue over a two-period, commencing on 1 March 2022. This is now ramping-up and performing in line with contractual commitments. PubGuard, Bidstack's ad-quality platform, has also secured a minimum ....
12 Jul 2022
Cenkos: Bidstack Group Plc -- Commercial progress accelerating
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Cenkos: Bidstack Group Plc -- Commercial progress accelerating
Bidstack released a trading update on 7 July indicating that H1/22 revenue had increased 160% to £2.1m with improved year-on-year gross margin (H1/21: 34.5%). Considerable commercial progress has been made in the period, notably the December 2021 agreement with Azerion guaranteeing a minimum US$30m revenue over a two-period, commencing on 1 March 2022. This is now ramping-up and performing in line with contractual commitments. PubGuard, Bidstack's ad-quality platform, has also secured a minimum ....