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Dianomi Plc Faces Revenue Challenges Amid Market Expectations

Dianomi Plc Faces Revenue Challenges Amid Market Expectations

Dianomi Plc (GB:DNM) has released an update.

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Dianomi Plc, a leader in native digital advertising, expects its 2024 revenue to align with market forecasts at around £28 million, but anticipates a slight loss at the adjusted EBITDA level due to lower-than-expected demand from advertisers and minimal impact from the US election. Despite these challenges, the company remains debt-free and expects to meet cash projections of £7.8 million by year-end. Dianomi continues to offer extensive reach through its partnerships with over 300 premium publishers, serving over 400 million devices monthly.

For further insights into GB:DNM stock, check out TipRanks’ Stock Analysis page.

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