Brief: Mirada Says H1 Revenue Rose 6% To $5.93 Million

Mirada

18/11/2019 07:55

Nov 18 (Reuters) - Mirada PLC  MIRA.L :
    * H1 REVENUE ROSE 6 PERCENT TO 5.93 MILLION USD
    * HY EBITDA PROFIT OF $1.96M (H1 2018: $0.0.08M LOSS).
IMPROVEMENT
IS PRIMARILY DUE TO A $1.7M GAIN FROM DISPOSAL OF MIRADA CONNECT
    * NET DEBT** DECREASED TO $3.53M AT 30 SEPTEMBER 2019 (31
MARCH
2019: $4.86M), MAINLY DUE TO IMPROVED COLLECTIONS DURING PERIOD
    * TRADING IN LINE WITH MARKET EXPECTATIONS AND WE LOOK
FORWARD TO
REMAINDER OF OUR FINANCIAL YEAR WITH CONFIDENCE

Source text for Eikon:  ID:nRSR6534Ta 
Further company coverage:  MIRA.L 

 ((Reuters.Briefs@thomsonreuters.com;))