One Media has produced a strong set of FY19A numbers with revenue growth of 30% YoY. It has further strengthened its content offering through five strategic acquisitions for a total consideration of $6.9m. Despite current market conditions we believe the short- and long-term outlook for One Media remains positive. We expect streaming volumes to remain robust and reaffirm our Buy recommendation.
31 Mar 2020
Cenkos: One Media iP Group Plc -- Strategic Acquisitions
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Cenkos: One Media iP Group Plc -- Strategic Acquisitions
One Media iP Group PLC (OMIP:LON) | 4.0 0 0.0% | Mkt Cap: 8.90m
- Published:
31 Mar 2020 -
Author:
Cavendish Research -
Pages:
7
One Media has produced a strong set of FY19A numbers with revenue growth of 30% YoY. It has further strengthened its content offering through five strategic acquisitions for a total consideration of $6.9m. Despite current market conditions we believe the short- and long-term outlook for One Media remains positive. We expect streaming volumes to remain robust and reaffirm our Buy recommendation.