musicMagpie’s (MMAG) maiden interim results following its admission to AIM demonstrated underlying revenue growth with expanding gross margins. There are encouraging results from new initiatives that aim to generate incremental revenue streams in new markets including recurring telephony subscriptions (versus historical one-off revenues), and new sources of product including corporate recycling and SMARTDrop kiosks. These have the potential to become important contributors to MMAG’s growth prosp ....
29 Jul 2021
musicMagpie - Delivering on financial and strategic goals
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musicMagpie - Delivering on financial and strategic goals
musicMagpie plc (MMAG:LON) | 7.2 0 0.0% | Mkt Cap: 7.71m
- Published:
29 Jul 2021 -
Author:
Russell Pointon -
Pages:
2
musicMagpie’s (MMAG) maiden interim results following its admission to AIM demonstrated underlying revenue growth with expanding gross margins. There are encouraging results from new initiatives that aim to generate incremental revenue streams in new markets including recurring telephony subscriptions (versus historical one-off revenues), and new sources of product including corporate recycling and SMARTDrop kiosks. These have the potential to become important contributors to MMAG’s growth prosp ....