Blur’s interim results show the transition the group is making to a more enterprise- focussed model in order to drive higher quality revenue streams going forward and provide a lower risk path to profitability. EBITDA losses of $4.2m reduced from $5.5m in the previous year with more actions taken post period to further align its cost base to its refined strategy. Cash at 30 June 2015 stood at $12.4m. Blur has invested significantly in the development of a technology platform and its community of ....

30 Sep 2015
Transitioning model

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Transitioning model
Maistro (MAIS:LON) | 0 0 28.5% | Mkt Cap: 9.04m
- Published:
30 Sep 2015 -
Author:
Singer CM Team -
Pages:
5 -
Blur’s interim results show the transition the group is making to a more enterprise- focussed model in order to drive higher quality revenue streams going forward and provide a lower risk path to profitability. EBITDA losses of $4.2m reduced from $5.5m in the previous year with more actions taken post period to further align its cost base to its refined strategy. Cash at 30 June 2015 stood at $12.4m. Blur has invested significantly in the development of a technology platform and its community of ....