System1 Group PLC Trading Update for the Annual General Meeting (5007I)
13 Agosto 2021 - 01:00AM
UK Regulatory
TIDMSYS1
RNS Number : 5007I
System1 Group PLC
13 August 2021
13 August 2021
SYSTEM1 GROUP PLC (AIM: SYS1)
("System1", or "the Company", or "the Group")
Trading Update for the Annual General Meeting
System1 Group, the Advertising Effectiveness Agency, is today
providing a Trading Update to coincide with the Company's AGM.
Total revenue in the quarter ended 30 June was GBP6.5m, broadly
in line with the previous quarter and 38% higher than the
equivalent Covid-affected period last year. Data products
represented 28% of revenue in Q1, compared with 15% in Q4.
Cash balances grew to GBP10.1 m in the quarter, and
profitability was in line with the Company's expectations.
OUTLOOK
We expect double-digit year-on-year sales growth in H1 overall,
despite a quiet start to the second quarter in the USA. The
proportion of revenue from our data products continues to rise and
will likely represent a third of the Company's revenues in H1.
The Company can be found at https://system1group.com/
This announcement contains inside information for the purposes
of article 7 of the Market Abuse Regulation (EU) 596/2014 as
amended by regulation 11 of the Market Abuse (Amendment) (EU Exit)
Regulations 2019/310. With the publication of this announcement,
this information is now considered to be in the public domain.
For further information, please contact:
System1 Group PLC Tel: +44 (0)20 7043
1000
John Kearon, Founder & Executive President
Stefan Barden, Chief Executive Officer
Chris Willford, Chief Financial Officer
Canaccord Genuity Limited Tel: +44 (0)20 7523
8000
Simon Bridges / Andrew Potts
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
TSTDKBBNQBKDBFD
(END) Dow Jones Newswires
August 13, 2021 02:00 ET (06:00 GMT)
System1 (LSE:SYS1)
Gráfica de Acción Histórica
De Feb 2024 a Mar 2024
System1 (LSE:SYS1)
Gráfica de Acción Histórica
De Mar 2023 a Mar 2024