REG-One Media iP Group Plc: Trading Update

One Media IPAnnouncement

09/11/2020 07:05

9 November 2020

One Media iP Group Plc

("One Media” or the "Company")

Trading Update

One Media iP Group Plc (AIM: OMIP), the digital music rights acquirer,
publisher and distributor, is pleased to provide the following update on
trading for the full year ended 31 October 2020.

Countering the ongoing wider macro challenges, the Company continues to trade
in line with market expectations and expects to report revenues for year of
circa £4m and EBITDA of £1.4m, an increase of 14% and 30% respectively on
the prior year. One Media retains a healthy cash position with an unaudited
cash balance of £6.7m as at 31 October 2020.

Following the recent successful fundraising in August 2020, the Company
continues to evaluate acquisition opportunities to be executed primarily
through its Harmony IP asset release programme and full catalogue
acquisitions.

The Company’s full year results are expected to be released in March 2021.

Michael Infante, CEO of One Media iP, commented:  “Based on the Group’s
strong performance to date and the continued growth in music streaming, the
Board is confident in the outlook for the business as we remain focused on
exploring further acquisition opportunities.

“We are also encouraged to observe that the sector continues to attract
significant investment from outside of the industry, which we believe will
help to build further interest in our business and strategy.  We look
forward to keeping the market updated as we continue to deliver on our growth
strategy.”

-Ends-

This announcement contains inside information for the purposes of Article 7 of
EU Regulation 596/2014. The person who arranged the release of this
information is Michael Infante, Chief Executive Officer of the Company.

 One Media iP Group Plc Michael Infante - CEO Claire Blunt – Chairman                         +44 (0)175 378 5500  +44 (0)175 378 5501 
 Cairn Financial Advisers LLP (Nominated Adviser) Liam Murray Jo Turner Ludovico Lazzaretti                        +44 (0)20 7213 0880 
 Cenkos Securities plc (Broker) Max Hartley Max Gould Michael Johnson (Sales)                                      +44 (0)20 7397 8900 
 Yellow Jersey PR (PR & IR) Charles Goodwin Annabel Atkins                                   +44 (0)20 3004 9512                       

About One Media iP Group Plc

One Media is a digital music rights acquirer, publisher and distributor. The
Group specialises in purchasing and monetising intellectual property rights
with proven, repeat income streams.  One Media adds value to its content by
maximising its availability in over 600 digital stores globally, including
Apple Music, YouTube, Amazon and Spotify.

One Media’s music is also widely used for synchronisation in film, TV and
digital gaming whilst its video content is primarily viewed on YouTube where
One Media operates over 20 YouTube channels as a certified partner.

One Media is listed on the London Stock Exchange on the AIM index, under the
symbol ‘OMIP’.

For further information, please visit www.omip.co.uk and www.tcat.media

Caution regarding forward looking statements

Certain statements in this announcement, are, or may be deemed to be, forward
looking statements. Forward looking statements are identified by their use of
terms and phrases such as ''believe'', ''could'', "should" ''envisage'',
''estimate'', ''intend'', ''may'', ''plan'', ''potentially'', "expect",
''will'' or the negative of those, variations or comparable expressions,
including references to assumptions. These forward-looking statements are not
based on historical facts but rather on the Directors' current expectations
and assumptions regarding the Company’s future growth, results of
operations, performance, future capital and other expenditures (including the
amount, nature and sources of funding thereof), competitive advantages,
business prospects and opportunities. Such forward looking statements reflect
the Directors' current beliefs and assumptions and are based on information
currently available to the Directors.



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