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The latest announcement is out from Digitalbox plc ( (GB:DBOX) ).
Digitalbox plc has completed the acquisition of The Life Network’s digital assets from Media Chain Group Limited for a total consideration of £200,000. This acquisition, which includes the transfer of The Life Network’s Facebook and Instagram pages, adds over 26 million followers to Digitalbox’s social media channels. The assets will be used to further develop Royal Insider, and the acquisition is expected to enhance earnings in FY 2025.
Spark’s Take on GB:DBOX Stock
According to Spark, TipRanks’ AI Analyst, GB:DBOX is a Neutral.
Digitalbox plc shows strengths in financial management and strategic expansions, contributing positively to its growth outlook. However, challenges in valuation and profitability weigh on the overall score, suggesting moderate performance potential.
To see Spark’s full report on GB:DBOX stock, click here.
More about Digitalbox plc
Based in the UK, Digitalbox is a ‘pure-play’ digital media business focused on profitable publishing at scale on mobile platforms. The company primarily generates revenue through advertising sales around its published content, with a strong optimization for mobile that allows it to achieve higher revenues per session compared to market norms.
Average Trading Volume: 96,901
Technical Sentiment Signal: Sell
Current Market Cap: £5.01M
See more insights into DBOX stock on TipRanks’ Stock Analysis page.