Mobile Streams (MOS)

Sector:

Telecom Operators

Index:

FTSE AIM All-Share

 0.23p
   
  • Change Today:
      0.000p
  • 52 Week High: 0.93
  • 52 Week Low: 0.100
  • Currency: UK Pounds
  • Shares Issued: 140.75m
  • Volume: 6,299,067
  • Market Cap: £0.32m
  • RiskGrade: 1,325

Mobile Streams pleased with performance even as revenue halves

By Josh White

Date: Monday 14 Jan 2019

LONDON (ShareCast) - (Sharecast News) - Mobile Streams updated its shareholders on its progress for the six months ended 31 December on Monday, highlighting the fact that it secured direct agreements with all four mobile telecom operators in India during the period.
The AIM-traded firm said that despite "challenging" economic conditions, Argentina trading was also stable.

Unaudited revenues were around £0.92m, down from £1.83m year-on-year on a constant currency basis, taking into account the devaluation of the Argentinian peso.

Unaudited revenue was £1.41m, with all revenue from continuing operations.

Cash and cash equivalents stood at £0.54m as at 31 December, down from £1.47m a year earlier, with no debt.

"We are pleased that the team secured direct agreements with all of the major telecom operators in India," said Mobile Streams chief executive officer Simon Buckingham.

"This enabled us to achieve our highest revenue quarter in the region since launch in 2015."

Buckingham said increased and more stringent regulations imposed by the telecom operators had led to reduced investment in support for value-added services in the latter part of the period, which impacted Mobile Stream's revenue targets.

"Looking ahead to 2019, despite ongoing concerns over the economy in Argentina, we expect trading to remain stable; in India, despite some uncertainties following the recent telecom operator mergers and their support for value added services, we expect increased contribution from our most recent [billing] partner."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Mobile Streams Market Data

Currency UK Pounds
Share Price 0.23p
Change Today 0.000p
% Change 0.00 %
52 Week High 0.93
52 Week Low 0.100
Volume 6,299,067
Shares Issued 140.75m
Market Cap £0.32m
RiskGrade 1,325

Mobile Streams Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
56.84% above the market average56.84% above the market average56.84% above the market average56.84% above the market average56.84% above the market average
14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average
Price Trend
94.4% below the market average94.4% below the market average94.4% below the market average94.4% below the market average94.4% below the market average
71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average
Income Not Available
Growth
62.85% below the market average62.85% below the market average62.85% below the market average62.85% below the market average62.85% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

Mobile Streams Dividends

No dividends found

Trades for 13-Sep-2019

Time Volume / Share Price
16:26 1,000,000 @ 0.23p
16:17 100,000 @ 0.22p
16:17 150,000 @ 0.22p
15:20 100,000 @ 0.22p
15:03 454,340 @ 0.22p

Mobile Streams Key Personnel

CEO Simon David Buckingham
CFO Enrique Benasso

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