Further to the company’s recent update another update was issued yesterday. This helpfully clarifies the expected revenue trend in H1 at the equivalent of c£1.5m per month and reiterates that the Company believes it will be around EBITDA breakeven for the full year based on cost reductions and the change in the Argentinian business. With respect to the latter change we note that premium subscriptions, which achieve twice the margin of basic subscriptions, are around 90% of all new subscribers an ....
