Trading Statement

Dianomi PLC

10 December 2024

 

10 December 2024

Dianomi plc

("Dianomi", the "Company" or the "Group")

Trading Update

Dianomi, a leading provider of native digital advertising services to premium clients in the Business, Finance and Lifestyle sectors, announces the following trading update for the year to 31 December 2024.

The Company now expects revenue for the year to be broadly in line with market expectations at circa £28 million and to record a small loss at adjusted EBITDA* level compared to market expectations of a small profit. While traffic across the Group's premium publisher base remains steady, the uplift from the US election was less pronounced than widely anticipated. Alongside this, demand from our premium advertiser base has been softer than expected. Cash at the year-end is expected to be in line with market expectations of £7.8 million and the Company remains debt-free.

*Adjusted EBITDA is calculated as loss or profit after tax before deducting net finance costs, tax, depreciation, exceptional costs and share based payment charges

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

For further information contact:

Dianomi Rupert Hodson (Chief Executive Officer) Charlotte Stranner (Chief Financial Officer)	Tel: [phone]
Panmure Liberum (Nominated Adviser and Broker) Emma Earl/ Freddy Crossley, Corporate Finance Rupert Dearden, Corporate Broking	Tel: [phone]
Novella Communications Tim Robertson Safia Colebrook	Tel: [phone]

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 250 advertisers, including blue chip names such as abrdn, Invesco and Baillie Gifford, with access to an international audience of over 400 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. https://www.dianomi.com/

 

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