Interims to September 2021 are in line with the trading update and unchanged P&L forecasts on an underlying basis. The Piksel acquisition locked-box mechanism, which appeased the uncertainty of prolonged negotiations by fixing a certain acquisition date, led to trading update confirmation of revenue of £46m and EBITDA of £12m; however, a review in accounting treatment has led to recognition of the benefit of those months (1st August to 30th September) as a reduction to the purchase price instead ....
