REG - Digitalbox PLC - Trading Update

DigitalboxAnnouncement

10/12/2024 07:00

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RNS Number : 3954P  Digitalbox PLC  10 December 2024

10 December 2024

Digitalbox plc

("Digitalbox" or the "Company" or the "Group")

 

Trading Update

 

Digitalbox plc (AIM: DBOX), the mobile-first digital media business, which
owns leading websites, including Entertainment Daily, The Daily Mash, The Tab,
The Poke, TV Guide and Emmerdale Insider, is pleased to announce an update to
trading for the 12 months to 31 December 2024 ("FY2024").

 

The Company expects revenue to be at least £3.5m for FY2024, with EBITDA
ahead of management's expectations.

 

This comes as trading across Digitalbox's six brands has been stronger than
management anticipated in the second half of the year, which is the Company's
biggest trading period. Audience volumes are strong and there has been an
early encouraging performance from the Group's latest website launch,
Emmerdale Insider.

 

The Company expects to announce its FY2024 Final Audited Results in March
2025.

 

Market abuse regulation: This announcement contains inside information for
the purposes of Article 7 of Regulation (EU) No 596/2014 as it forms part of
UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR").
The person responsible for arranging for the release of this announcement on
behalf of the Company is James Carter, Chief Executive Officer.

 

Enquiries:

 

 Digitalbox                                              c/o SEC Newgate
 James Carter, CEO
 Panmure Liberum (Nominated Adviser & Joint Broker)      Tel: 020 7886 2500
 James Sinclair-Ford

 Rupert Dearden

 Dougie McLeod

 Rauf Munir

 Leander Capital Partners (Joint Broker)                 Tel:  07786150915
 Alex Davies

 SEC Newgate (Financial PR)                              Tel: 07540 106 366
 Robin Tozer / Molly Gretton                             digitalbox@secnewgate.co.uk

 

About Digitalbox plc

Based in the UK, Digitalbox is a 'pure-play' digital media business with the
aim of profitable publishing at scale on mobile platforms.

 

Digitalbox operates the following trading brands, "Entertainment Daily", "The
Daily Mash", "The Tab", "The Poke", "TV Guide" and "Emmerdale
Insider". Entertainment Daily produces and publishes
online UK entertainment news covering TV, showbiz and celebrity news. The
Daily Mash produces and publishes satirical news content. The Tab is
the UK's biggest youth culture site fuelled by students. The Poke expertly
curates and editorialises the funniest content from around the web and social
media. TV Guide serves as the definitive guide to what is on TV. Emmerdale
Insider charts the twists and turns of this ever present British soap staple.

 

Digitalbox primarily generates revenue from the sale of advertising in and
around the content it publishes. The Group's optimisation for mobile enables
it to achieve revenues per session significantly ahead of market norms for
publishers on mobile.

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