One Media expects full-year results to meet guidance
Digital media content provider One Media rounded out its last trading year in line with expectations following its recent fundraising.
Media
11,717.59
17:09 25/04/24
-0.82%
-96.79
One Media IP Group
4.25p
16:55 25/04/24
0.00%
0.00p
One Media, which exploits intellectual property rights around music, video and copyright technology, saw continued strong trading and a healthy cash position after its successful £1.9m fundraising back in August.
The AIM-listed outfit said its current period was "pivotal" as it continues its efforts to take full advantage of the ongoing shift towards streaming media.
One Media expects to post its full-year results in March 2019.
As of 0920 GMT, One Media shares had lost 4.59% to 6.13p.