TIDMIME
RNS Number : 9350Z
Immedia Group PLC
24 September 2020
The information contained within this announcement is deemed by
the Company to constitute inside information stipulated under the
Market Abuse Regulation (EU) No. 596/2014. Upon the publication of
this announcement via the Regulatory Information Service, this
inside information is now considered to be in the public
domain.
Thursday, 24 September 2020
Immedia Group Plc
("Immedia" or "the Group" or "the Company")
multi-media content and digital solutions provider to global
businesses
2019 Preliminary Results
Immedia Group Plc (AIM: IME) today announces its preliminary
results for the year ended 31 December 2019.
Immedia Group Plc
Preliminary results for the year ended 31 December 2019
"2019 was a disappointment after the improved performance in the
prior year in terms of revenue and profitability. Our unique mix of
brand engagement and creative skills underpins our ability to
secure new business. 2020 business activity has been affected by
the COVID-19 outbreak, but we are also witnessing a pipeline of new
opportunities with several key potential clients across our target
verticals which we hope will take effect when restrictions ease
again."
Tim Hipperson, Chairman
FINANCIAL HIGHLIGHTS
Ø A reduced performance after an improved 2018
Ø 14% decrease in revenue to GBP4,020,443
Ø EBITDA loss of GBP699,583 (2018: profit GBP262,588)
Ø Trading EBITDA loss (excluding a one-off bad debt provision
and one-off transaction costs) of GBP(317,434)
Ø One-off transaction costs of GBP279,360
Ø Loss before tax of GBP991,461 (2018: profit GBP106,204)
Ø Cash balances decreased to GBP237,574 (2018: GBP369,698)
Ø The Group has lease liabilities totaling GBP184,393
(2018: GBP77,044). The increase being due to the adoption of
IFRS 16.
OPERATIONAL HGHLIGHTS
Ø Extension of business with Nationwide Building Society,
IKEA and Subway
Ø New business with Headmasters, Fugro, Deep Green, Weir
Oil and Gas, Stork and JFD Global
Ø Review and rationalisation of business processes and
overhead costs
"2019 was a year of challenge as the business sought to match
and beat its 2018 performance in extraordinarily volatile political
and economic conditions. That we ultimately failed to do so is no
reflection on the hard work and commitment shown by the entire
team. We developed new business with high end hair salon chain
Headmasters as well as energy businesses JFD Global, Deep Green,
Weir, Fugro, Stork and Shell. Tourism and sport clients were
represented by FIFA and Visit Aberdeenshire amongst many others. In
2020 we restructured the business and management team to deliver
even greater cohesion and focus. We are confident that the results
of the many changes made in the business will bear fruit in the
short to medium term."
Ross Penney, Chief Executive of Immedia
2019 Financial Summary
12 months ended 12 months
31 December ended
2019 31 December
2018
---------------- -------------
Revenue GBP4,020,443 GBP4,686,934
(Loss)/profit before interest,
taxation, depreciation, amortisation GBP(699,583) GBP262,588
and impairment charges (EBITDA)
(Loss)/profit before tax GBP(991,461) GBP106,204
Net fair value gain/(loss) on available GBP54,900 GBP(112,800)
for sale assets
Total comprehensive (loss)/profit GBP(1,017,560) GBP42,949
for the year
Basic (loss)/earnings per share (7.81)p 1.13p
Diluted (loss)/earnings per share (7.81)p 1.08p
Basic pre-tax (loss)/earnings per
share (7.22)p 0.77p
Year-end balance of cash and cash GBP237,574 GBP369,698
equivalents
Net (debt)/funds GBP(245,069) GBP292,654
----------------------------------------- ---------------- -------------
Statement by the Chairman, Tim Hipperson
Whilst full of ambition and endeavour, 2019 was ultimately a
disappointing year which saw the Group struggle to maintain its
2018 performance in an uncertain political and economic climate due
to the uncertainty around Brexit and a December general
election.
In 2018 Immedia delivered improved results based on the
extension of relationships with key customers including JD Sports
Fashion plc and in particular Nationwide Building Society, for whom
we undertook an extensive installation programme into all UK
Nationwide branches.
This one-off boost to revenues and profits proved to be
something of a double edged sword. Whilst undoubtedly welcome, the
challenge was to find substitutional revenues and margins in the
2019 financial year. For a number of reasons this proved
impossible.
In July 2019 we recognised that revenue would fall short of
market expectations and, in our Interim results released on 30
September 2019, referred to "an anticipated difficult H2 in
prospect". This turned out to be the case, as the pattern of
clients delaying investment and spending decisions brought about by
the uncertainty over Brexit continued.
In the announcement of 20 August 2020 relating to the Placing
and Subscription to raise GBP1.1m, we noted that we had signed
non-binding Heads of Agreement in H2 2019 for a potential
acquisition. This would have been a strategically transformative
event; however in spite of the huge amount of work done on the
transaction events largely outside our control meant we were unable
to complete the transaction earlier this year.
Whilst we remain dissatisfied with the 2019 outturn, there is no
doubting the talent and commitment of all the team members at
Immedia. I would like to thank every one of them.
I would particularly like to pay tribute to Bruno Brookes, who
stepped down as Chief Executive in May this year. Bruno founded the
business more than 20 years ago. Without Bruno I would not be
writing this statement; I thank him profoundly for all he has done
for the Group and wish him every success in the new opportunities
he will explore.
Current Trading, Prospects and post Balance Sheet events
Like the majority of UK businesses, Immedia has been
substantially affected by the Covid-19 pandemic, as we explained in
our trading updates of 6 April and 18 June 2020. We have taken all
necessary steps to manage costs and ensure the stability of your
business.
Current trading has been considerably affected by the Covid-19
outbreak. It remains very difficult to give authoritative guidance
on the 2020 outturn other than to say it is certain that revenues
will be substantially below those achieved in 2019.
Under our new CEO Ross Penney we are following a coherent and
focused strategy that we are confident will bring rewards for all
stakeholders in the future.
The Group has undertaken a full review in 2020 to refine Group
strategy through a single unified brand - AVC Immedia - with a
simple strapline - "Audio Visual Communication for Brands". The
Group is working on systematic cross-and upselling to its broad
portfolio of blue chip clients, in tandem with a buy and build
strategy to bring strategically focused companies into the Group in
the fields of content production, app development and data
analytics.
Our objective remains to deliver sustained growth and value to
all our stakeholders over the coming years.
Review by the Chief Executive, Ross Penney
THE BUSINESS
2019 was a year of challenge as the business sought to match and
beat its 2018 performance in extraordinarily volatile political and
economic conditions.
That we ultimately failed to do so is no reflection on the work
and commitment shown by the entire team. We developed new business
with high end hair salon chain Headmasters as well as energy
businesses JFD Global, Deep Green, Weir, Fugro, Stork and Shell.
Tourism and sport clients were represented by FIFA and Visit
Aberdeenshire amongst many others.
We are delighted that relationships with key clients Nationwide
Building Society, Subway and IKEA have gone from strength to
strength. We believe we are a key part of the marketing and
communication mix for each of these brands.
We extended our relationship with O2 by a further 18 months and
expanded our reach in the JD Sports Fashion plc retail network into
additional European territories.
Our business delivered a huge range of audio and visual content
to tens of thousands of employees and customers of our hundreds of
clients. We maintained a 99% + uptime on all our streaming services
we are rightfully proud of our team of high achieving
creatives.
Since the year end we restructured the business and management
team to deliver even greater cohesion and focus. We are confident
that the results of the many changes made in the business will bear
fruit in the short to medium term.
RESULTS
The business saw a drop in performance in 2019 following the
encouraging year in 2018, returning to making a loss before tax of
GBP991,461 on revenues of GBP4,020,443. The total comprehensive
loss was GBP1,017,560, reflecting an increase in the carrying value
of GBP54,900 in our strategic investment in the AIM quoted spoken
word audio platform Audioboom Group PLC (AIM:BOOM).
In our trading update of 22 July 2019 we anticipated a 2019
EBITDA trading loss in the region of (GBP0.3m). The actual EBITDA
trading loss was (GBP0.32m). However there were additional
exceptional costs affecting EBITDA comprised of aborted transaction
costs of GBP0.28m as well as a total bad debt provision of
GBP0.11m, resulting in a total EBITDA loss of (GBP0.7m).
CURRENT TRADING AND PROSPECTS
The Group has made huge progress in restructuring itself under a
common brand - AVC Immedia and strapline - Audio Visual
Communication for Brands.
This phrase encapsulates all Group services from live radio to
technical 3D animation for the energy industry - in all channels of
audio and visual content we deliver brand funded content with
matchless passion, pride and skill. We set our sights high in
recruitment, and are delighted that one of the UK's leading
animators, Rob Hancock, joined us in 2020.
We expect the EBITDA for 2020, whilst loss making, to be
substantially improved on the 2019 figure both as a result of the
numerous measures taken to manage costs in the light of Covid-19
and the absence of one-off costs relating to the aborted
transaction and bad debt provision.
POST BALANCE SHEET EVENT
On 20 August 2020 the Company announced a Placing and
Subscription to raise GBP1.1m (before expenses) to repay short term
debt and pay abortive transaction costs, with the majority of the
funds being used for the Company's general working capital. As a
result, the Company is now debt free, except for finance leases.
This exercise was completed successfully on 15 September 2020.
CONSOLIDATED STATEMENT OF FINANCIAL POSITION AND CASHFLOWS
Management of costs and cash remains a key focus. However, due
to reduced revenue and margin performance the result has been a
decrease in cash to GBP237,574 (2018: GBP369,698).
The adoption of IFRS16 has added assets to the value of
GBP191,647 (of which GBP184,599 related to property leases) to the
balance sheet as at 1 January 2019, with corresponding finance
lease liabilities. At 31 December 2019, the NBV of right-of-use
assets was GBP175,428 (property leases: GBP117,472), with a
corresponding lease liability of GBP184,393 (property leases:
GBP121,994). The Group repaid leases totalling GBP92,517 during the
year.
Although the Group shows a net shareholders deficit of
GBP799,169 at the end of 2019, a new Share issue was announced in
August 2020, and finalised in September 2020, which raised GBP1.1m
to offset this.
CONSOLIDATED STATEMENT OF PROFIT OR LOSS
for the year ended 31 December 2019
2019 2018
GBP GBP
Continuing operations
Revenue 4,020,443 4,686,934
Cost of sales (1,976,945) (2,166,366)
----------- -----------
Gross profit 2,043,498 2,520,568
Administrative expenses (2,985,049) (2,409,875)
----------- -----------
Operating (loss)/profit (941,551) 110,693
Finance income - 159
Finance cost (49,910) (4,648)
----------- -----------
(Loss)/profit before income tax (991,461) 106,204
Income tax (80,999) 49,545
----------- -----------
(Loss)/profit for the year (1,072,460) 155,749
----------- -----------
(Loss)/earnings per share
Basic (pence) (7.81) 1.13
Diluted (pence) (7.81) 1.08
CONSOLIDATED STATEMENT OF PROFIT OR LOSS
AND OTHER COMPREHENSIVE INCOME
for the year ended 31 December 2019
2019 2018
GBP GBP
(Loss)/profit for the year (1,072,460) 155,749
Other comprehensive income/(loss)
Items that will not be reclassified to profit
or loss:
Fair value gain/(loss) on equity investments
not held for trading
designated as fair value through OCI 54,900 (112,800)
----------- -----------
Total comprehensive (loss)/income for the
year (1,017,560) 42,949
----------- -----------
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
At 31 December 2019
2019 2018
GBP GBP
Assets
Non-current assets
Goodwill 191,018 191,018
Owned
Intangible assets 62,081 116,487
Property, plant and equipment 92,754 225,475
Right-of-use
Property, plant and equipment 175,428 -
Investments 114,900 60,000
Deferred tax - 84,395
636,181 677,375
------------ ------------
Current assets
Inventories 201,462 153,915
Trade and other receivables 1,049,459 770,279
Cash and cash equivalents 237,574 369,698
1,488,495 1,293,892
------------ ------------
Total assets 2,124,676 1,971,267
============ ============
Equity
Shareholders' Equity
Called up share capital 1,455,684 1,455,684
Share premium 3,586,541 3,586,541
Merger reserve 2,245,333 2,245,333
Share based payment reserve 4,578 4,578
Investment valuation reserve 24,900 (30,000)
Retained losses (8,116,205) (7,043,745)
Total equity (799,169) 218,391
------------ ------------
Liabilities
Non-current liabilities
Financial liabilities 83,969 49,580
Provisions 42,500 42,500
126,469 92,080
------------ ------------
Current Liabilities
Trade and other payables 2,253,590 1,511,586
Contract liabilities 145,112 121,746
Financial liabilities 398,674 27,464
2,797,376 1,660,796
------------ ------------
Total liabilities 2,923,845 1,752,876
------------ ------------
Total equity and liabilities 2,124,676 1,971,267
------------ ------------
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
Share Share Merger Share based Investment Retained Total equity
capital premium reserve payment valuation losses
account reserve reserve
GBP GBP GBP GBP GBP
GBP GBP
Balance at 1
January 2018 1,455,684 3,586,541 2,245,333 4,578 82,800 (7,199,494) 175,442
------------- ------------ ------------- ------------ ------------ -------------- -------------
Profit for the
year - - - - - 155,749 155,749
Other
comprehensive
loss - - - - (112,800) - (112,800)
------------- ------------ ------------- ------------ ------------ -------------- -------------
Total
comprehensive
income - - - - (112,800) 155,749 42,949
------------- ------------ ------------- ------------ ------------ -------------- -------------
Balance at 31
December 2018 1,455,684 3,586,541 2,245,333 4,578 (30,000) (7,043,745) 218,391
============= ============ ============= ============ ============ ============== =============
Share Share Merger Share based Investment Retained Total equity
capital premium reserve payment valuation losses
account reserve reserve
GBP GBP GBP GBP GBP
GBP GBP
Balance at 1
January 2019 1,455,684 3,586,541 2,245,333 4,578 (30,000) (7,043,745) 218,391
------------- ------------ ------------- ------------ ------------ -------------- -------------
Loss for the
year - - - - - (1,072,460) (1,072,460)
Other
comprehensive
income - - - - 54,900 - 54,900
------------- ------------ ------------- ------------ ------------ -------------- -------------
Total
comprehensive
loss - - - - 54,900 (1,072,460) (1,017,560)
Balance at 31
December 2019 1,455,684 3,586,541 2,245,333 4,578 24,900 (8,116,205) (799,169)
============= ============ ============= ============ ============ ============== =============
CONSOLIDATED STATEMENT OF CASH FLOWS
for the year ended 31 December 2019
2019 2018
GBP GBP
Cash flows from operating activities
(Loss)/profit before income tax (991,461) 106,204
Adjustments for:
Depreciation and amortisation
charges 241,968 151,895
Loss on disposal of fixed assets 493 5,054
Finance income - (159)
Finance costs 49,910 4,648
Increase in inventories (47,547) (84,111)
Increase in trade and other receivables (280,930) (143,236)
Increase in trade and other payables 765,370 333,153
Cash generated from operations (262,197) 373,448
--------- ---------
Taxation
Taxation 3,396 -
--------- ---------
Cash flows from investing activities
Purchase of tangible fixed assets (30,896) (40,106)
Interest received - 159
Net cash from investing activities (30,896) (39,947)
--------- ---------
Cash flows from financing activities
New loans in year 300,000 -
Payment of lease liabilities (92,517) (12,898)
Interest paid (49,910) (4,648)
Net cash from financing activities 157,573 (17,546)
--------- ---------
(Decrease) / increase in cash
and cash equivalents (132,124) 315,955
Cash and cash equivalents at
beginning of year 369,698 53,743
Cash and cash equivalents at
end of year 237,574 369,698
========= =========
Immedia Group Plc
NOTES TO THE FINANCIAL INFORMATION
The financial information set out in this preliminary
announcement does not constitute statutory accounts as defined in
section 435 of the Companies Act 2006.
The financial information for the year ended 31 December 2018 is
derived from the statutory accounts for that year which have been
delivered to the Registrar of Companies. The auditors reported on
those accounts; their report was unqualified and did not contain a
statement under either Section 498 (2) or Section 498 (3) of the
Companies Act 2006 and did not include references to any matters to
which the auditor drew attention by way of emphasis.
The statutory accounts for the year ended 31 December 2019 have
not yet been delivered to the Registrar of Companies, nor have the
auditors yet reported on them.
The 2019 accounts will be delivered to the Registrar of
Companies following the Company's Annual General Meeting. The
Annual Report and Notice of Annual General Meeting will be posted
to the shareholders by 30 September 2020 and will be made available
on the Company's website ( www.immediaplc.com ) at that time.
This preliminary announcement was approved by the Board on 23
September 2020.
1. Principal activity
The Group is involved in marketing and communication services
through the provision of interactive digital channels products and
services using music, radio and screen-based media to provide brand
conversation, engaging entertainment and innovative technical
solutions. It also supplies, installs and maintains the equipment
required to deliver these services.
2. Basis of preparation
The financial information has been prepared and approved by the
Directors in accordance with the recognition and measurement
principles of International Financial Reporting Standards (IFRSs)
as adopted by the EU ("Adopted IFRSs").
Going concern
The Group meets its day to day working capital requirements
through the combined use of its cash balances and receivable and
payable balances.
Although COVID-19 and Brexit have caused uncertainty and had a
substantial effect on the operations of many businesses, the Group
has just completed a successful fundraising of GBP1.1m, as detailed
in note 6 (Events after the reporting period). These funds will be
used to repay some short-term borrowing (the outstanding loan of
GBP300,000), clear the costs of the aborted acquisition from
earlier in 2020 and fund working capital requirements for the
foreseeable future.
The Directors have reviewed forecasts of future cash flows of
the Group. On the basis of current financial projections prepared
to December 2021, which assume continuing improvements in the
managing of costs and a reasonable level of new work won within the
AV division, the Directors are satisfied that the Group has
adequate resources to continue to pay its liabilities as they fall
due, and to continue in operation for at least 12 months from the
date of signing of the financial statements.
The financial statements were approved by the Board of Directors
on 23September 2020.
3. Financial assets
In March 2014, the Group invested GBP90,000 in the purchase of
6,000,000 shares in AudioBoom Group Plc, an AIM-listed spoken-word
audio platform for hosting distributing and monetising content, as
part of the Group's strategy to broaden its digital marketing and
communications services.
The Group has taken the irrevocable election to classify this
investment as fair value through OCI. At 31 December 2019 the fair
value of the investment was GBP114,900 (31 December 2018:
GBP60,000) with a net fair value gain in 2019 of GBP54,900
recognised in other comprehensive income (2018: loss
GBP112,800).
As at the date of approval of this report, the investment
represents c.0.4% of Audioboom Group Plc's ordinary shares in issue
and has a fair value of GBP92,700.
4 . Earnings per share
2019 Number 2018 Number
Basic
Weighted average number of shares in issue 14,556,844 14,556,844
Less weighted average number of own shares (832,374) (832,374)
------------- -------------
Weighted average number of shares in issue
for basic earnings per share 13,724,470 13,724,470
------------- -------------
Basic (loss)/earnings per share (7.81)p 1.13p
2019 Number 2018 Number
Diluted
Weighted average number of shares in issue 13,724,470 13,724,470
Add shares which dilute - 666,847
------------- -------------
Weighted average number of shares in issue
for diluted earnings per share 13,724,470 14,391,317
------------- -------------
Diluted (loss)/earnings per share (7.81)p 1.08p
------------- -------------
The basic and diluted (loss)/earnings per share are calculated
using the after-tax loss attributable to equity shareholders for
the financial period of GBP (1,072,460) (2018: profit GBP155,749).
Pre-tax (loss)/earnings per share 2019 2018
Basic pre-tax (loss)/earnings per share (7.22)p 0.77p
------------- -------------
Diluted pre-tax (loss)/earnings per share (7.22)p 0.74p
------------- -------------
The basic and diluted pre-tax (loss)/earnings per share are calculated
using the before tax (loss)/earnings attributable to equity shareholders
for the financial period of GBP (991,461) (2018: GBP106,204).
5 . Adoption of IFRS 16
IFRS 16 (Leases) was adopted as of 1 January 2019 without
restatement of comparative figures.
A right of use asset and a lease liability has been recognised
for all leases except leases of low value assets, which are
considered to be those with a fair value below GBP4,500, and those
with duration of 12 months or less. The right-of-use asset has been
measured at cost, which is made up of the initial measurement of
the lease liability, any initial direct costs incurred by the
group, an estimate of any costs to dismantle and remove the asset
at the end of the lease, and any lease payments made in advance of
the lease commencement date.
The nature and accounting of Group's leasing activities
The Group has lease contracts for property, vehicles and other
assets which have lease terms varying between 2 and 3 years. The
Group also has certain leases with lease terms of 12 months or less
and leases of office equipment with low value.
Contracts may contain both lease and non- lease components. The
Group allocates consideration between lease and non-lease
components based on the price a lessor, or similar supplier, would
charge to purchase that component separately. The lease term begins
at the commencement date and includes any rent-free periods
provided by the lessor. Lease terms vary between contracts and
depend on the individual facts and circumstances of the
contract.
Lease liabilities are measured at the present value of the
remaining lease payments, discounted using the Group's incremental
borrowing rate as at 1 January 2019. The Group's incremental
borrowing rate is the rate at which a similar borrowing could be
obtained from an independent creditor under comparable terms and
conditions. The weighted average rate applied was 11.4%.
Below is a reconciliation of the values shown for 2018 and the
current figures:
Land & Buildings Other
GBP GBP
Operating lease commitments disclosed
as 31 December 2018 209,000 42,708
Less: low value & short term lease recognised
as an expense - (34,998)
Discounted using incremental borrowing
rate at 1 January 2019 (24,402) (662)
----------------- ---------
Lease liability and right of use asset
recognised at 1 January 2019 184,598 7,048
----------------- ---------
6. Events after the reporting period
Following the year ended 31 Dec 2019, the following
non-adjusting events have occurred:
COVID-19
The spread of COVID-19 has severely impacted many local
economies around the globe. In many countries, businesses are being
forced to cease or limit operations for long or indefinite periods
of time. Measures taken to contain the spread of the virus,
including travel bans, quarantines, social distancing, and closures
of non-essential services have triggered significant disruptions to
businesses worldwide, resulting in an economic slowdown. Global
stock markets have also experienced great volatility and
significant weakening. Governments and central banks have responded
with monetary and fiscal interventions to stabilise economic
conditions.
The Company has been affected by the limited operations during
the main lockdown period (late March 20 to July 20) of many of the
businesses that it provides services for, although many of the
staff continued to work from home where possible. The easing of the
lockdown in July 2020 meant that many of these businesses
re-opened. However, the subsequent additional lockdown in Aberdeen
in August 2020 caused additional disruption to business activities
based in that city. That lockdown ended in late August 2020.
The Company has determined that these events are non-adjusting
subsequent events. Accordingly, the financial position and results
of operations as of and for the year ended 31 December 2019 have
not been adjusted to reflect their impact. The duration and impact
of the COVID-19 pandemic, as well as the effectiveness of
government and central bank responses, remains unclear at this
time. It is not possible to reliably estimate the duration and
severity of these consequences, as well as their impact on the
financial position and results of the Company for future
periods.
Additional share issue
As a result of the effect of COVID-19 on the Company, on 20
August 2020, the Company announced the Placing of 8,000,000 new
Ordinary Shares at GBP0.10 a share, and a Subscription for
3,000,000 new Ordinary Shares at GBP0.10 a share. This issue raised
gross proceeds of GBP1.1 million.
The Company is raising funds to enable the Board to repay some
short-term loan finance and pay abortive transaction costs. The
majority of the money will be utilised to fund the Company's
general working capital requirements.
The stock market announcement can be found at
https://www.londonstockexchange.com/news-article/IME/placing-and-subscription-to-raise-ps1-1-million/14659794.
For further information please contact:
Immedia Group Plc Tel: +44 (0) 1635 556200
Tim Hipperson, Non-executive Chairman
Ross Penney , C hief Executive
SPARK Advisory Partners Limited Tel: +44 (0) 203 368 3550
(Nomad)
Mark Brady
Neil Baldwin
SP Angel Corporate Finance LLP (Stockbroker) Tel: +44 (0) 207 470 0470
Abigail Wayne
TooleyStreet Communications (IR Tel: +44 (0) 7785 703523
& Media Relations)
Fiona Tooley
About Immedia Group Plc
Immedia Group Plc is a multi-media content and digital solutions
provider to global businesses and organisations, who are investing
in internal and/or brand communications.
Our business provides a wide range of 'live' branded channels
specifically to retail locations across the UK and Europe with an
estimated listening audience of 8.5 million listeners per week.
Immedia's interactive audio channels deliver original and relevant
content, via its own DreamStream-X platform with encrypted
Dreamstream technology deployed in each location. Dreamstream-X
provides a mix of 'on brand' national and localised content to a
client's workforce and customer base. Each channel is supported
with powerful data analytics tools which monitor audience activity
and provide data to enable us to further enhance audience
engagement.
Immedia Group also creates original video content, 3D animation,
app and web development, as well as supplying and installing Audio
Visual equipment.
Immedia clients include, HSBC, Shell, Subway, BP, Nationwide
Building Society, JD Sports, O2, BMW, IKEA and FIFA.
To read more about our business, visit www.immediaplc.com or email us on enquiries@immediaplc.com
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