10 December 2024
Digitalbox
plc
("Digitalbox" or the "Company" or the "Group")
Trading
Update
Digitalbox
plc (AIM: DBOX), the mobile-first digital media business, which owns leading
websites, including Entertainment Daily, The Daily Mash, The Tab,
The Poke, TV Guide and Emmerdale Insider, is pleased to announce an update to trading for the 12 months
to 31 December 2024 ("FY2024").
The Company expects revenue to be at
least £3.5m for FY2024, with EBITDA ahead of management's
expectations.
This comes as trading across
Digitalbox's six brands has been stronger than management
anticipated in the second half of the year, which is the Company's
biggest trading period. Audience volumes are strong and there has
been an early encouraging performance from the Group's latest
website launch, Emmerdale Insider.
The Company expects to announce its
FY2024 Final Audited Results in March 2025.
Market abuse
regulation: This announcement
contains inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014 as it forms part of UK domestic law by
virtue of the European Union (Withdrawal) Act 2018 ("MAR"). The
person responsible for arranging for the release of this
announcement on behalf of the Company is James Carter, Chief
Executive Officer.
Enquiries:
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Digitalbox
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c/o SEC Newgate
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James Carter, CEO
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Panmure Liberum (Nominated Adviser & Joint
Broker)
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Tel: 020 7886 2500
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James Sinclair-Ford
Rupert Dearden
Dougie McLeod
Rauf Munir
|
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Leander Capital Partners (Joint
Broker)
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Tel: 07786150915
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Alex Davies
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SEC
Newgate (Financial PR)
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Tel: 07540 106 366
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Robin Tozer / Molly
Gretton
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digitalbox@secnewgate.co.uk
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About Digitalbox plc
Based in the UK, Digitalbox is a
'pure-play' digital media business with the aim of profitable
publishing at scale on mobile platforms.
Digitalbox operates the following
trading brands, "Entertainment Daily", "The Daily Mash", "The Tab",
"The Poke", "TV Guide" and "Emmerdale Insider". Entertainment
Daily produces and publishes online UK entertainment
news covering TV, showbiz and celebrity news. The Daily Mash
produces and publishes satirical news content. The Tab is
the UK's biggest youth culture site fuelled by
students. The Poke expertly curates and editorialises the
funniest content from around the web and social media. TV Guide
serves as the definitive guide to what is on TV. Emmerdale Insider
charts the twists and turns of this ever present British soap
staple.
Digitalbox primarily generates
revenue from the sale of advertising in and around the content it
publishes. The Group's optimisation for mobile enables it to
achieve revenues per session significantly ahead of market norms
for publishers on mobile.