DigitalBox (DBOX)

Sector:

Media

Index:

FTSE AIM All-Share

 5.75p
   
  • Change Today:
      0.000p
  • 52 Week High: 8.75
  • 52 Week Low: 4.88
  • Currency: UK Pounds
  • Shares Issued: 91.84m
  • Volume: 0
  • Market Cap: £5.28m
  • RiskGrade: 252

Digitalbox FY profits boosted by better-than-expected operating margins

By Iain Gilbert

Date: Thursday 16 Jan 2020

LONDON (ShareCast) - (Sharecast News) - Digital media business Ditalbox told investors on Thursday that full-year adjusted pre-tax profits and revenues would come in ahead of market expectations after having delivered better than forecast operating margins.
Digitalbox said its progress has been led by Entertainment Daily, which produces and publishes online UK entertainment news, as average monthly users continue to grow. In December, Entertainment Daily had over six million unique users visiting its site, principally driven by the group's Insights programme - which provides a detailed analysis of user behaviour to better inform content strategy.

During the year, the AIM-listed company sought to broaden the sources of its users, and in doing so, Entertainment Daily saw year-on-year growth of 127% in its Google-sourced traffic.

The Daily Mash, which Digitalbox acquired in March 2019, was successfully integrated into the firm's technology platform, Graphene, and was now benefitting in terms of increased advertising revenues.

Chief executive James Carter said: "The success of the Insights programme and our focus on mobile-optimised content has meant 2019 has been a record year for Entertainment Daily.

"We are continuing to evaluate opportunities to acquire more digital publishing assets. As 2019 has demonstrated, we can generate increased revenue from them with our technology and expertise."

As of 1130 GMT, Digitalbox shares had shot up 31.32% to 8.70p.

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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.

 

DigitalBox Market Data

Currency UK Pounds
Share Price 5.75p
Change Today 0.000p
% Change 0.00 %
52 Week High 8.75
52 Week Low 4.88
Volume 0
Shares Issued 91.84m
Market Cap £5.28m
RiskGrade 252

DigitalBox Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
75.34% above the market average75.34% above the market average75.34% above the market average75.34% above the market average75.34% above the market average
63.93% above the sector average63.93% above the sector average63.93% above the sector average63.93% above the sector average63.93% above the sector average
Price Trend
12.9% below the market average12.9% below the market average12.9% below the market average12.9% below the market average12.9% below the market average
21.21% above the sector average21.21% above the sector average21.21% above the sector average21.21% above the sector average21.21% above the sector average
Income Not Available
Growth Not Available

DigitalBox Dividends

No dividends found

Trades for --2020

Time Volume / Share Price
0 @ 0.000p

DigitalBox Key Personnel

CEO Cyril Theret
CFO Nemone Wynn-Evans
Chair Nigel John Burton

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