Dianomi PLC Trading Statement (7430F)
20 Julio 2021 - 1:00AM
UK Regulatory
TIDMDNM
RNS Number : 7430F
Dianomi PLC
20 July 2021
20 July 2021
Dianomi plc
("Dianomi", the "Company" or the "Group")
Pre-Close Trading Update
Dianomi, a leading provider of native digital advertising
services to premium clients in the Financial Services and Business
sectors, is pleased to announce the following pre-close trading
update for the six months ending 30 June 2021.
Following on from a successful listing on AIM alongside a
significantly over-subscribed placing in May, the Company confirms
that trading during the first half of this year has been strong and
that the Company is trading in line with market expectations for
the full year. Revenue for H1 2021 is expected to demonstrate
significant growth compared to the prior year as the Group
continues to expand its customer base. As at 30 June 2021 the
Company had cash of GBP7.8 million.
In addition to high levels of repeat revenue from existing
customers, during the first six months of the year a number of new
advertisers and publishers within both the established Financial
Services and Business vertical and the newer premium Lifestyle
vertical have 'gone live' on Dianomi's platform, including a market
leading luxury publishing house and a British national newspaper on
the publisher side and premium global brands from both lifestyle
and business on the advertiser side.
Furthermore, there has been growth within the existing publisher
and advertiser base, with increases in revenues generated from a
mix of longer-term and more recently added clients, as the Group is
able to demonstrate the success and quality of its offering.
Rupert Hodson, Chief Executive Officer of Dianomi, said : "It is
very pleasing to see the growth in our business over the first six
months of 2021 alongside completing our successful IPO. The ongoing
shift towards digital news increases the size of our market as
advertisers' demand for digital advertising continues to grow at
pace. To satisfy this strong advertiser demand, we are focused on
continuing to build on our existing publisher partnerships as well
as forming new ones, thus delivering increased distribution
capabilities to our platform as well as increased scale and reach
to our advertisers. We are very focused on continuing to grow the
business and maximising its potential."
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) No 596/2014.
For further information contact:
Dianomi Tel: +44 (0)207 802 5530
Rupert Hodson (Chief Executive Officer)
Charlotte Stranner (Chief Financial Officer)
Panmure Gordon (NOMAD, Sole Broker and Sole Bookrunner) Tel: +44 (0)207 886 2500
Emma Earl/ Freddy Crossley, Corporate Finance
Rupert Dearden, Corporate Broking
Novella Communications Tel: +44 (0)203 151 7008
Tim Robertson / Fergus Young
About Dianomi
Dianomi, established in 2003, is a leading provider of native
digital advertising services to premium clients in the Financial
Services and Business sectors. The Group operates from its offices
in London, New York and Sydney. The Group enables premium brands to
deliver native advertisements to a targeted audience on the desktop
and mobile websites, mobile and tablet applications of premium
publishers. It provides over 400 advertisers, including blue chip
names such as Aberdeen Standard Investments, Invesco and Baillie
Gifford, with access to an international audience of 438 million
devices per month through its partnerships with over 300 premium
publishers of business and finance content, including blue chip
names such as Reuters, Bloomberg and WSJ. Adverts served are
contextually relevant to the content of the webpages on which they
appear and mirror the style of the page, which enhances reader
engagement. http://www.dianom i.com .
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END
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