Thursday, October 6, 2022

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IN BRIEF: B90 shares down regardless of surge in interim income

B90 Holdings PLC – Isle of Man-based on-line advertising and marketing firm – Income greater than doubles to €1.0 million within the six months to June 30 from €404,686 a yr in the past. Pretax loss narrows to €1.3 million from €1.4 million, as no finance expense incurred through the interval, in comparison with €58,437 a yr in the past. Says the income progress was pushed by the launch of Spinbookie.com and the acquisition of the Oddsen operations. Oddsen.nu is a Norwegian sports-bet affiliate web site.

Says buying and selling in July and August has seen ‘continued enchancment’, with income in each months consistent with month-to-month income obtained within the second quarter this yr.

Government Chair Karim Peer says: ‘We’re enthusiastic about enlargement into new territories and markets, particularly in Latin America, supported by the event of affiliate programmes by means of each additional acquisitions and partnerships.’

Present inventory value: 4.25 pence, down 8.1%

12-month change: down 62%

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