Mirriad Advertising First Half 2024 Earnings: UK£0.008 loss per share (vs UK£0.022 loss in 1H 2023)

Mirriad Advertising (LON:MIRI) First Half 2024 Results

Key Financial Results

• Revenue: UK£390.0k (down 34% from 1H 2023).
• Net loss: UK£4.77m (loss narrowed by 31% from 1H 2023).
• UK£0.008 loss per share (improved from UK£0.022 loss in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Mirriad Advertising Earnings Insights

Looking ahead, revenue is forecast to grow 109% p.a. on average during the next 2 years, compared to a 1.9% growth forecast for the Media industry in the United Kingdom.

Performance of the British Media industry.

The company's shares are down 37% from a week ago.

Risk Analysis

We should say that we've discovered 6 warning signs for Mirriad Advertising (5 are significant!) that you should be aware of before investing here.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.