The Company has confirmed revenue of £12.8m for FY16 and a small loss. Cash stands at £1.35m. Development progress continues in India albeit execution is taking longer than expected. The four billing relationships give access to 750m mobile users, and while not absolutely necessary, the Company continues to pursue additional arrangements to expand the potential further by seeking another 3 or 4 operators. The Company will be looking to increase marketing in India once it completes its test phase ....
25 Jul 2016
N+1 Singer - Mobile Streams - Trading update for full year
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N+1 Singer - Mobile Streams - Trading update for full year
Mobile Streams Plc (MOS:LON) | 0.0 0 0.0% | Mkt Cap: 2.39m
- Published:
25 Jul 2016 -
Author:
Johnathan Barrett -
Pages:
3
The Company has confirmed revenue of £12.8m for FY16 and a small loss. Cash stands at £1.35m. Development progress continues in India albeit execution is taking longer than expected. The four billing relationships give access to 750m mobile users, and while not absolutely necessary, the Company continues to pursue additional arrangements to expand the potential further by seeking another 3 or 4 operators. The Company will be looking to increase marketing in India once it completes its test phase ....