REG - Dianomi PLC - Trading Statement

DianomiAnnouncement

10/12/2024 07:00

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RNS Number : 3899P  Dianomi PLC  10 December 2024

10 December 2024

Dianomi plc

("Dianomi", the "Company" or the "Group")

Trading Update

 

Dianomi, a leading provider of native digital advertising services to premium
clients in the Business, Finance and Lifestyle sectors, announces the
following trading update for the year to 31 December 2024.

The Company now expects revenue for the year to be broadly in line with market
expectations at circa £28 million and to record a small loss at adjusted
EBITDA* level compared to market expectations of a small profit. While traffic
across the Group's premium publisher base remains steady, the uplift from the
US election was less pronounced than widely anticipated. Alongside this,
demand from our premium advertiser base has been softer than expected. Cash at
the year-end is expected to be in line with market expectations of £7.8
million and the Company remains debt-free.

*Adjusted EBITDA is calculated as loss or profit after tax before deducting
net finance costs, tax, depreciation, exceptional costs and share based
payment charges

 

This announcement contains inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014.

For further information contact:

 Dianomi                                         Tel: +44 (0)207 802 5530

 Rupert Hodson (Chief Executive Officer)

 Charlotte Stranner (Chief Financial Officer)

 Panmure Liberum (Nominated Adviser and Broker)  Tel: +44 (0)207 886 2500

 Emma Earl/ Freddy Crossley, Corporate Finance

 Rupert Dearden, Corporate Broking

 Novella Communications                          Tel: +44 (0)203 151 7008

 Tim Robertson

 Safia Colebrook

About Dianomi

Dianomi, established in 2003, is a leading provider of native digital
advertising services to premium clients in the Financial Services and Business
sectors. The Group operates from its offices in London, New York and Sydney.
The Group enables premium brands to deliver native advertisements to a
targeted audience on the desktop and mobile websites, mobile and tablet
applications of premium publishers. It provides over 250 advertisers,
including blue chip names such as abrdn, Invesco and Baillie Gifford, with
access to an international audience of over 400 million devices per month
through its partnerships with over 300 premium publishers of business and
finance content, including blue chip names such as Reuters, Bloomberg and WSJ.
Adverts served are contextually relevant to the content of the webpages on
which they appear and mirror the style of the page, which enhances reader
engagement. https://www.dianomi.com/ (https://www.dianomi.com/)

 

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