Mobile Streams has issued its results for the first half (6m to end December 2016). These essentially reflect the recent trading update confirming the strong subscriber progress in India (now over 175,000 active subscribers). Revenue (£3.6m) and EBITDA loss (£0.7m) are in line with N1Se expectations. Cash at the period end was better at £2.8m. We are expecting activity to continue to ramp up based on the program of investment in India. We expect the launch of the HTML5 browser based games recent ....
31 Mar 2017
N+1 Singer - Mobile Streams - The start…
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N+1 Singer - Mobile Streams - The start…
Mobile Streams Plc (MOS:LON) | 0.0 0 0.0% | Mkt Cap: 2.39m
- Published:
31 Mar 2017 -
Author:
Johnathan Barrett -
Pages:
4
Mobile Streams has issued its results for the first half (6m to end December 2016). These essentially reflect the recent trading update confirming the strong subscriber progress in India (now over 175,000 active subscribers). Revenue (£3.6m) and EBITDA loss (£0.7m) are in line with N1Se expectations. Cash at the period end was better at £2.8m. We are expecting activity to continue to ramp up based on the program of investment in India. We expect the launch of the HTML5 browser based games recent ....