MMX is transforming from a company focused on acquiring and deploying new top level domains to a sales and marketing organisation focused on driving recurring revenue. The interims and the actions the group has taken post that reflect the focus on achieving cross-over to operating profitability in 2016 (overall costs cut whilst still investing in sales and marketing) and driving shareholder value. The group delivered a cash neutral performance in H1’15, maintaining its very high cash balances ($ ....
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Cross-over to profits in 2016; £15m buyback
- Published:
22 Sep 2015 -
Author:
N+1 Singer Team -
Pages:
6
MMX is transforming from a company focused on acquiring and deploying new top level domains to a sales and marketing organisation focused on driving recurring revenue. The interims and the actions the group has taken post that reflect the focus on achieving cross-over to operating profitability in 2016 (overall costs cut whilst still investing in sales and marketing) and driving shareholder value. The group delivered a cash neutral performance in H1’15, maintaining its very high cash balances ($ ....