Mobile Streams (MOS)

Sector:

Telecom Operators

Index:

FTSE AIM All-Share

0.043p
   
  • Change Today:
      0.003p
  • 52 Week High: 0.15
  • 52 Week Low: 0.040
  • Currency: UK Pounds
  • Shares Issued: 6,362m
  • Volume: 42,494,410
  • Market Cap: £2.70m
  • RiskGrade: 431

Mobile Streams' data and SaaS revenues top expectations

By Iain Gilbert

Date: Wednesday 16 Dec 2020

LONDON (ShareCast) - (Sharecast News) - Data intelligence company Mobile Streams said on Wednesday that its streams data and software-as-a-services business had progressed since its launch in November 2019.
Mobile Streams' joint venture with Krunch secured its first customers for its bespoke data insight, intelligence and visualisation services in April, with maiden revenues being recorded in June, while its SaaS offering generated initial customer revenues in October.

The AIM-listed group said both units were expected to contribute to increasing revenue on an ongoing basis.

Mobile Streams noted that revenue more than doubled in November, with the group currently trading ahead of internal forecasts amid "encouraging customer growth" as monthly streams data revenue approaches the net revenue brought in via the legacy business.

"With our pipeline of product development and marketing, we expect to see continued growth into 2021, with Streams Data monthly revenues expected to exceed those of the legacy business during 2021," said MS, which added that revenue for the legacy content business continued to decline, although the group stated it remained in line with internal expectations.

Chairman Nigel Burton said: "We are pleased with the Streams results to date and look to continue growing the data business in the year ahead.

"Our team has a strong product development pipeline and marketing plan, both of which are expected to lead to good growth during 2021. Additionally, we intend to launch the product in key markets during the year."

As of 0835 GMT, Mobile Streams shares had slumped 10.19% to 0.24p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Mobile Streams Market Data

Currency UK Pounds
Share Price 0.043p
Change Today 0.003p
% Change -5.56 %
52 Week High 0.15
52 Week Low 0.040
Volume 42,494,410
Shares Issued 6,362m
Market Cap £2.70m
RiskGrade 431

Mobile Streams Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
30.95% below the market average30.95% below the market average30.95% below the market average30.95% below the market average30.95% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Price Trend
91.89% below the market average91.89% below the market average91.89% below the market average91.89% below the market average91.89% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Income Not Available
Growth
54.93% above the market average54.93% above the market average54.93% above the market average54.93% above the market average54.93% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average

Mobile Streams Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
16:22 2,200 @ 0.045p
15:45 17,898,034 @ 0.040p
15:45 18,000,018 @ 0.040p
15:15 500,000 @ 0.040p
09:56 222 @ 0.045p

Mobile Streams Key Personnel

CEO Mark Alexander Epstein
Finance Director Rama Uthayanan

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