Digitalbox reports on a "mixed bag" of a year in 2022
London, UK
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March 30, 2023 03:54 AM Eastern Daylight Time
Digitalbox PLC (AIM:DBOX) CEO James Carter speaks to Proactive following the release of final results for 2022, that he describes as a "mixed bag" of a year for the digital media business. He also gives his take on wider trends affecting the global advertising market and looks ahead to what investors can expect from the company during 2023.
Here's the story from earlier:
Digitalbox PLC (AIM:DBOX), the AIM-quoted owner of leading websites Entertainment Daily, The Daily Mash, The Tab and The Poke, managed to bolster its cash position and achieve EBITDA growth in 2022 despite a small revenue dip.
Group revenues of £3.6mln underperformed 2021 results by -2.4%, though underlying earnings did increase 5.1% to £1.08mln, just above expectations, due to improved margin control.
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