Bidstack Group (BIDS)

Sector:

Leisure Products

Index:

FTSE AIM All-Share

3.35p
   
  • Change Today:
    -0.100p
  • 52 Week High: 13.02
  • 52 Week Low: 3.20
  • Currency: UK Pounds
  • Shares Issued: 388.37m
  • Volume: 2,986,503
  • Market Cap: £13.01m

Bidstack FY revenues on track to exceed market expectations

By Iain Gilbert

Date: Thursday 17 Dec 2020

LONDON (ShareCast) - (Sharecast News) - In-game advertising platform provider Bidstack Group said on Thursday that full-year revenues were on track to exceed market expectations.
Bidstack stated it had experienced "significantly increased" demand from advertisers in the second half of 2020, leading the group to work hard on both the demand and supply-side strategies of its business.

On the supply side, Bidstack said it was working closely with leading international advertising agencies and brands, while its supply-side strategy continued to focus on working with a number of the video games developers and publishers to incorporate its technology into their games, successfully generating revenues in core markets in the process.

Chief executive James Draper said: "In the second half of 2020 we have been conducting our work with quiet efficiency. Over that period we have seen a step-change in interest from brands wanting to activate within gaming. We are witnessing average order values increasing significantly and experiencing advertising agencies now including in-game advertising as a component in large media plans. We believe this is a meaningful shift from where the market was 12 months ago.

"We are at the beginning of a new industry, where brands will continue to explore and invest in ways to activate and protect their IP in and around interactive entertainment. The diligent work of our growing team, the knowledge we have accumulated and the demonstrable acceleration of revenue being run through our products put Bidstack in a strong position to capitalise on this growth."

As of 1120 GMT, Bidstack shares were up 17.74% at 6.83p.

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Bidstack Group Market Data

Currency UK Pounds
Share Price 3.35p
Change Today -0.100p
% Change -2.90 %
52 Week High 13.02
52 Week Low 3.20
Volume 2,986,503
Shares Issued 388.37m
Market Cap £13.01m

Bidstack Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
45.11% below the market average45.11% below the market average45.11% below the market average45.11% below the market average45.11% below the market average
53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average
Price Trend
98.2% below the market average98.2% below the market average98.2% below the market average98.2% below the market average98.2% 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
Income Not Available
Growth
67.65% above the market average67.65% above the market average67.65% above the market average67.65% above the market average67.65% above the market average
53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Bidstack Group Dividends

No dividends found

Trades for 18-Jun-2021

Time Volume / Share Price
16:27 5,200 @ 3.32p
16:19 326 @ 3.40p
16:19 250 @ 3.40p
16:17 12,172 @ 3.30p
16:15 1,875 @ 3.20p

Bidstack Group Key Personnel

Finance Director John McIntosh

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