MediaZest wins several new contracts since start of year
Audio-visual creative company MediaZest updated the market on new business wins since the start of 2021 on Thursday, reporting that mandates for several new projects had already been won in the new calendar year.
The AIM-traded firm said those included the extension of existing recurring revenue contracts with an unnamed long standing client, and a large project for a new client, due for delivery in the first six months of 2021.
“In aggregate these new business wins will generate over £0.35m in revenue and include client engagements which the directors believe have the potential to grow substantially over the coming months,” the board said in its statement.
MediaZest said it expected to announce its financial results for the 18 months ended 30 September later in February.
At 1211 GMT, shares in MediaZest were up 197.8% at 0.15p.