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An announcement from Dianomi Plc ( (GB:DNM) ) is now available.
Dianomi reported its full-year results for 2024, showing a decline in revenue to £28 million but an improvement in gross margin to 26.1%. Despite facing macroeconomic challenges, the company achieved a profit before tax of £0.3 million and maintained a strong cash position of £8.8 million. The company is transitioning from a native advertising specialist to a full-spectrum digital advertising platform, aiming to enhance its market position and drive sustainable growth. Significant partnerships with CNN and The Associated Press, along with a new collaboration with Microsoft Monetize, are expected to expand Dianomi’s reach and advertiser base, although these investments may temporarily impact profitability.
More about Dianomi Plc
Dianomi, established in 2003, is a leading provider of native digital advertising services catering to premium clients in the Business, Finance, and Lifestyle sectors. The company operates from offices in London, New York, and Sydney, enabling premium brands to deliver targeted advertisements to an international audience of around 500 million readers per month through partnerships with over 300 premium publishers.
Average Trading Volume: 2,996
Technical Sentiment Signal: Sell
Current Market Cap: £10.21M
For detailed information about DNM stock, go to TipRanks’ Stock Analysis page.