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Motio Limited ( (AU:MXO) ) has shared an announcement.
Motio Limited has reported record revenue and EBITDA for the first half of the financial year, driven by a consolidation strategy that includes monetizing existing networks and expanding revenue streams. Despite a challenging market environment, Motio’s unique platform, which combines Out of Home, Digital, and Video elements, has attracted significant advertiser interest, leading to a 44% revenue increase and a substantial reduction in statutory loss. The company’s strong financial performance and strategic initiatives position it well for continued growth and profitability, even amid potential market uncertainties.
More about Motio Limited
Motio Limited is a company that redefines brand-audience connections through a unique digital place-based network. It integrates the best elements of Out-of-Home, Digital, and Video advertising with dedicated digital display channels.
YTD Price Performance: 6.67%
Average Trading Volume: 268,292
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$8.91M
Find detailed analytics on MXO stock on TipRanks’ Stock Analysis page.
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