RLX - Digitalbox reports on a mixed bag of a year in 2022
(NewsDirect)
Digitalbox PLC (AIM:DBOX) CEO James Carterspeaks to Proactive following the release of final results for 2022,that he describes as a "mixed bag" of a year for the digitalmedia business. He also gives his take on wider trends affecting theglobal advertising market and looks ahead to what investors can expectfrom the company during 2023.
DigitalboxPLC (AIM:DBOX) , the AIM-quoted owner of leading websitesEntertainment Daily, The Daily Mash, The Tab and The Poke, managed tobolster its cash position and achieve EBITDA growth in 2022 despite asmall revenue dip.
Group revenues of£3.6mln underperformed 2021 results by -2.4%, though underlyingearnings did increase 5.1% to £1.08mln, just above expectations, dueto improved margin control.
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