31st March 2025
Mobile Streams plc
("MOS" or "the Company")
Interim Results
Mobile Streams plc, the AIM quoted mobile content and data intelligence company, is pleased to announce its unaudited interim results for the six months ended 31 December 2024. A copy of the Interims Results will be available on the Company's website, www.mobilestreams.com, and are set out below.
Highlights
Our focus has been on continued development of the Sports betting and on-line casino platform in Mexico. This work has progressed strongly during the half year to 31 December 2024 with ongoing support from Capital Media Sports SA and key partners in Mexico. Our revenue stream from this business has continued to grow as we support our Mexican Associate in the preparation of the consumer launch of the Sports Betting platform which was recently announced on 27th March.
Operations in our legacy mobile data businesses continue to produce a modest gross profit and this helps to absorb a portion of the group's overhead expenses.
Revenue for the period was £415k, up from £169k in 2023, and continues to reflect growth from the development of the Sports Betting business in Mexico. Whilst MOS accounts for the direct profit/ loss from the Sports Betting business on an associate basis in the Income Statement, it also derives revenues itself from the provision of services directly to Estadio Gana (the formal name of the betting platform). Our pre-tax loss for the 6 months at £804k was higher than the loss of £289k in the 6 months to December 2023 and this reflects the scaling and focus of our support towards building a successful business in Mexico. I am very pleased to report that given the growing momentum to our sales we were able to reach our first month of operational profitability which was achieved in December 2024, as anticipated. This puts the group on a firm footing for the future and we expect to see further months of profitability across 2025.
During December 2024 we took the opportunity to strengthen our direct holding in our Mexican Bet Business Associate to take our position up to 25.87%. Post period end this was further indirectly increased by the proposed acquisition of up to 90% of CMS as announced on 20th March 2025.
Throughout the period we have strengthened our balance sheet with the raising of £2.4m in equity, mostly via the exercising of warrants and this has led to a strong group cash position as at 31st December 2024 of £1.3m. This has continued to increase post period end.
We continued to develop our platforms during the period. This is recorded as an intangible asset in the financial statements under IFRS with a net book value as at 31st December 2024 of £528k. We believe however its trade sale value would be significantly higher based on market comparable platforms.
Outlook
The Company is now well positioned as a business, with strong and proprietary technology platforms. The Directors believe that the actions taken over the past year to December 2024 will enable the business to fully capitalise on the opportunities in Mexican Sports publishing and online betting and casino services. We continue to create synergies of revenue to the betting business from our existing product portfolio, including both digital merchandise (NFTs), LiveScores and mobilegaming.com sites. Accordingly, we remain on track in our transition to delivering operational profitability.
Mark Epstein, CEO, said:
"We are very pleased with the progress that the organisation has made in the past 6 months in the progression of the Mexican sports betting business and preparation of the Consumer launch. This has only been possible due to the quality and capability of our platforms combined with the dedication and skills of our team. Our Company is now transitioned and developing into a growing and profitable business."
CONSOLIDATED INCOME STATEMENT
| | Unaudited | Unaudited | Audited | |
| | 6 months ended 31 December | 6 months ended 31 December | 12 months ended 30 June | |
| | 2024 | 2023 | 2024 | |
| | £000's | £000's | £000's | |
| Revenue | 415 | 169 | 436 | |
| Cost of sales | (20) | (21) | (46) | |
| Gross profit | 395 | 148 | 388 | |
| Selling and marketing costs | (14) | (34) | (82) | |
| Administrative expenses ** | (1,223) | (414) | (1,260) | |
| Operating Loss | (841) | (300) | (953) | |
| | | |
| |
| Finance income | 37 | 11 | 6 | |
| Finance expense | - | - | - | |
| Loss before tax | (804) | (289) | (947) | |
| | | |
| |
| Share of after tax profit/ (loss) of associate | (33) | - | (12) | |
| Tax expense | - | - | - | |
| Loss for the period | (837) | (289) | (959) | |
| | | |
| |
| Attributable to: | | |
| |
| Attributable to equity shareholders of Mobile Streams Plc | (837) | (289) | (959) | |
| | (837) | (289) | (3,789) | |
| |
|
|
| |
| | Pence per share | Pence per share | Pence per share | |
| Basic loss per share | (0.011) | (0.006) | (0.019) | |
| Diluted loss per share | (0.011) | (0.006) | (0.019) | |
| | | | | |
| * *Administrative expenses include depreciation, amortisation, impairment and share based compensation. | ||||
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
| | Unaudited | Unaudited | Audited | |
| | 31-Dec-24 | 31-Dec-23 | 30-Jun-24 | |
| | £000's | £000's | £000's | |
| Assets | | | | |
| Non- Current | | | | |
| Goodwill | - | - | - | |
| Intangible assets | 528 | 422 | 431 | |
| Investment in Associate | 356 | - | 217 | |
| Other investments | 193 | - | 56 | |
| | 1,077 | 422 | 704 | |
| Current | | | | |
| Trade and other receivables | 749 | 395 | 413 | |
| Unsettled share subscription monies** | - | 407 | - | |
| Cash and cash equivalents | 1,343 | 337 | 235 | |
| | 2,072 | 1,139 | 648 |
|
| | | | | |
| Total assets | 3,169 | 1,561 | 1,352 |
|
|
| | | | |
| Equity | | | | |
| Equity attributable to equity holders of Mobile Streams plc | | | | |
| Called up share capital | 1,213 | 864 | 973 | |
| Share Premium | 24,272 | 21,909 | 22,149 | |
| Translation reserve | (2,940) | (3,050) | (3,050) | |
| Share Based Payment Reserve | 396 | 62 | 243 | |
| Retained earnings | (20,338) | (18,832) | (19,501) | |
| Total equity | 2,605 | 955 | 815 | |
| | | | | |
| Trade and other payables | 533 | 565 | 501 | |
| Bank debt | 33 | 40 | 36 | |
| | 566 | 605 | 537 | |
| | | | | |
| Total liabilities | 566 | 605 | 537 | |
| | | | | |
| Total equity and liabilities | 3,169 | 1,561 | 1,352 |
|
** The unsettled share subscription monies in the prior year at 31 December 2023 in the amount of £407,000 were received in full in the first four days of January 2024.
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
|
| Equity attributable to equity holders of Mobile Streams plc
| |||||||||
|
| | Called up share capital | Share premium | Translation reserve | Share-based payment reserve | Retained earnings | Non- Controlling Interest | Total Equity |
| |
|
| | £000's | £000's | £000's | £000's | £000's | £000's | £000's |
| |
|
| Balance at 1 July 2021 | 567 | 16,765 | (3,050) | 13 | (11,480) | 1 | 2,816 |
| |
|
| Loss for the 6 months | - | - | - | - | (639) | - | (639) |
| |
|
| Warrants charge | - | - | - | - | - | - | - |
| |
|
| Issue of shares | 18 | 510 | - | - | - | - | 528 |
| |
|
| Balance at 31 December 2021 | 585 | 17,275 | (3,050) | 13 | (12,119) | - | 2,705 |
| |
|
| Loss for the 6 months | - | - | - | - | (2,125) | - | (2,125) |
| |
|
| Warrants charge | - | - | - | 255 | - | - | 255 |
| |
|
| Issue of shares | 74 | 2,059 | - | - | - | - | 2,133 |
| |
|
| Acquisition of 51% of KrunchData Limited | - | - | - | - | (763) | (1) | (764) |
| |
|
| Balance at 30 June 2022 | 659 | 19,334 | (3,050) | 268 | (15,007) | - | 2,204 |
| |
|
| Prior Year Adjustment | - | - | - | (255) | 255 | - | - |
| |
|
| Balance at 1 July 2022 | 659 | 19,334 | (3,050) | 13 | (14,752) | - | 2,204 |
| |
|
| Loss for the 6 months | - | - | - | - | (1,231) | - | (1,231) |
| |
|
| Share Options charge | - | - | - | - | - | - | - |
| |
|
| Issue of shares | 98 | 1,418 | - | - | - | - | 1,516 |
| |
|
| Balance at 31 December 2022 | 757 | 20,752 | (3,050) | 13 | (15,983) | - | 2,489 |
| |
|
| Loss for the 6 months | - | - | - | - | (2,558) | - | (2,558) |
| |
|
| Share Options charge | - | - | - | 12 | - | - | 12 |
| |
|
| Issue of shares | 11 | 579 | - | - | - | - | 590 |
| |
|
| Balance at 30th June 2023 | 768 | 21,331 | (3,050) | 25 | (18,541) | - | 533 |
| |
|
| Loss for the 6 months | - | - | - | - | (289) | - | (289) |
| |
|
| Share Options charge | - | - | - | 37 | - | - | 37 |
| |
|
| Issue of shares | 96 | 579 | - | - | - | - | 675 |
| |
|
| Balance at 31st December 2023 | 864 | 21,909 | (3,050) | 62 | (18,832) | - | 955 |
| |
| Loss for the 6 months | - | - | - | - | (669) | - | (669) |
| ||
| Share Options charge | - | - | - | 181 | - | - | 181 |
| ||
| Issue of shares | 109 | 240 | - | - | - | - | 349 |
| ||
| Balance at 30th June 2024 | 973 | 22,149 | (3,050) | 243 | (19,501) | - | 815 |
| ||
| Loss for the 6 months | - | - | - | - | (837) | - | (837) |
| ||
| Foreign exchange on translation | - | - | 110 | - | - | - | 110 |
| ||
| Share Options charge | - | - | - | 153 | - | - | 153 |
| ||
| Issue of shares | 240 | 2,124 | - | - | - | - | 2,364 |
| ||
| Balance at 31st December 2024 | 1,213 | 24,273 | (2,940) | 396 | (20,338) | - | 2,605 |
| ||
CONSOLIDATED CASH FLOW STATEMENT
| | Unaudited | Unaudited | Audited |
|
| 6 months ended 31 December 2024 | 6 months ended 31 December 2023 | 12 months ended 30 June 2024 |
| | £000's | £000's | £000's |
| Operating activities |
|
|
|
| Profit before taxation | (804) | (289) | (947) |
| Adjustments: | | | |
| Amortisation of intangible assets | 66 | - | 168 |
| Impairment of Intangible assets | - | (305) | (305) |
| Impairment of receivables | - | - | - |
| Share based payments expense | 153 | 37 | 217 |
| Profit on disposal of investment | - | - | - |
| Remuneration paid to Senior managers in shares | - | 100 | - |
| Consultant fees paid in shares | - | - | - |
| Interest received | (37) | (11) | (6) |
| Changes in Trade and other receivables | (237) | (246) | (265) |
| Changes in Trade and other payables | 52 | 78 | 14 |
| Total cash utilised in operating activities | (807) | (636) | (1,124) |
| |
|
|
|
| Investing Activities |
|
|
|
| Additions to intangible assets | (163) | (116) | (294) |
| Acquisition - Investment in Associate | (176) | - | (229) |
| Acquisition - Investment in Equity Investment | (143) | - | (56) |
| Interest received | 37 | 11 | 6 |
| Interest paid | - | - | - |
| Net Cash used in investing activities | (444) | (105) | (573 |
|
|
|
|
|
| Issue of share capital (net of expenses paid) | 2,433 | 168 | 1,171 |
| Fund raise expenses | (69) | - | (148) |
| Bank loan | (4) | (1) | (6) |
| Net Cash generated from financing activities | 2,361 | 167 | 1,018 |
|
|
|
|
|
| Net change in cash and cash equivalents | 1,109 | (575) | (659) |
| Cash and cash equivalents at beginning of period | 235 | 913 | 913 |
| Exchange (loss)/ gain on cash and cash equivalents | (1) | (1) | 1 |
| Cash and cash equivalents at end of period | 1,343 | 337 | 235 |
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
1. BASIS OF PREPARATION
The interim results of Mobile Streams plc are prepared in accordance with the requirements of IAS 34 Interim Financial Reporting as adopted by the EU and prepared in accordance with the accounting policies set out in the last financial statements for the 12 months ended 30 June 2024.
The interim results, which are not audited, do not comprise statutory accounts within the meaning of section 434 of the Companies Act 2006.
The comparative financial information for the twelve months ended 30 June 2024 has been extracted from the statutory accounts for that period. In addition, the financial information for the 6 months ended 31 December 2023 has been extracted from the unaudited Interim results which were published on 25 March 2024.
The full audited accounts of the Group for the 12 months ended 30 June 2024 were prepared in accordance with International Financial Reporting Standards ("IFRS") as adopted by the UK and with those parts of the Companies Act 2006 applicable to companies reporting under IFRS and have been delivered to the Registrar of Companies. All references to IFRS in these statements refer to IFRS as adopted by the UK.
The auditor's report on the financial statements for the 12 months ended 30 June 2024 was unqualified and did not contain statements under S498 (2) or S498 (3) of the Companies Act 2006.
2. SEGMENTAL REPORTING
As at 31 December 2024, the Group was organised into four geographical segments: Europe, North America, Latin America, and Asia Pacific. Revenues are from external customers only and generated from two principal business activities: the sale of mobile content through Multi-National Organisation's (Mobile Operator Services), and the provision of consulting and development support to Bet including NFT technology (Development, Marketing and Intelligence services) and Streams Data (Other Service Fees).
All operations are continuing and all inter-segment transfers, if any, are priced and carried out at arm's length. The segmental results for the 6 months ended 31 December 2024 were as follows:
| £000's | Europe | Asia Pacific | North America | Latin America | Group | |||||
| Mobile operator services | - | - | - | 3 | 3 | |||||
| Other service fees | 385 | - | - | 27 | 412 | |||||
| Total Revenue | 385 | - | - | 30 | 415 | |||||
| Cost of sales | - | - | - | (20) | (20) | |||||
| Gross profit | 385 | - | - | 10 | 395 | |||||
| Operating expenses | (846) | (5) | - | (166) | (1,017) | |||||
| EBITDA* | (461) | (5) | - | (156) | (622) | |||||
| Depreciation, amortisation | (66) | - | - | - | (66) | |||||
| Share based compensation | (153) | - | - | - | (153) | |||||
| Finance income | 37 | - | - | - | 37 | |||||
| Profit/(Loss) before tax | (643) | (5) | - | (156) | (804) | |||||
| Income tax expense | - | - | - | - | - | |||||
| Share of after-tax result of Associate | (33) | - | - | - | (33) | |||||
| Profit/(Loss) after tax | (676) | (5) | - | (156) | (837) | |||||
| *Calculated as profit before tax, interest, amortization, depreciation, share compensation expense and impairment of assets.
| ||||||||||
The segmental results for the 6 months ended 31 December 2023 were as follows:
|
£000's |
Europe | Asia Pacific | North America | Latin America |
Group |
| Mobile operator sales | - | - | - | 36 | 36 |
| Other service fees (NFT) | 133 | - | - | - | 133 |
| Total Revenue | 133 | - | - | 36 | 169 |
| Cost of sales | - | - | - | (21) | (21) |
| Gross profit | 133 | - | - | 15 | 148 |
| Operating expenses | (570) | (4) | - | (142) | (717) |
| EBITDA* | (438) | (4) | - | (127) | (568) |
| Depreciation, amortisation | 305 | - | - | - | 305 |
| Share based compensation | (37) | - | - | - | (37) |
| Finance income | - | - | - | 11 | 11 |
| Profit/(Loss) before tax | (170) | (4) | - | (116) | (289) |
| Income tax expense | - | - | - | - | - |
| Share of after-tax result of Associate | - | - | - | - | - |
| Profit/(Loss) after tax | (170) | (4) | - | (116) | (289) |
| *Calculated as profit before tax, interest, amortization, depreciation, share compensation expense and impairment of assets. | |||||
| 3. EARNINGS PER SHARE | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Earnings per share | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Earnings per share is calculated by dividing the(loss)/profit attributable to equity holders of the Company by the weighted average number of ordinary shares in issue during the period.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Adjusted earnings per share | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Adjusted earnings per share is calculated to reflect the underlying profitability of the business by excluding non-cash charges for depreciation, amortisation, impairments and share compensation charges.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Diluted (loss)/earnings per share is calculated adjusting the weighted average number of ordinary shares outstanding to assume conversion of all dilutive potential ordinary shares. The Company has only one category of ordinary shares.
The adjusted EPS has been calculated to reflect the underlying profitability of the business by excluding non-cash charges for depreciation, amortisation, impairments and share compensation charges.
4. GOING CONCERN
The Group had cash balances of £1.3m at 31 December 2024 (30 June 2023: £0.3m). Having reviewed cash flow forecasts and budgets for the year ahead the Directors have a reasonable expectation that the Group has resources to continue in operational existence for the foreseeable future.
5. FOREIGN CURRENCY TRANSLATION
(a) Presentational currency
The consolidated financial statements are presented in British Pounds, which is also the functional currency of the parent entity.
(b) Transactions and balances
Foreign currency transactions are translated into the functional currency using the exchange rates prevailing at the date the transaction occurs. Any exchange gains or losses resulting from these transactions and from the translation of monetary assets and liabilities at the balance sheet date are reported in the income statement except when these represent a net investment in a subsidiary when they are charged or credited to equity.
Foreign currency balances are translated at the balance sheet date using exchange rates prevailing at the period end.
(c) Group companies
The financial results and position of all group entities that have a functional currency different from the presentational currency of the Group are translated into the presentational currency as follows:
i. assets and liabilities for each balance sheet are translated at the closing exchange rate at the date of the balance sheet
ii. income and expenses for each income statement are translated at average exchange rates (unless it is not a reasonable approximation to the exchange rate at the date of transaction)
iii. all resulting exchange differences are recognised as a separate component of equity (translation reserve)
iv. The exchange rates used in respect of Argentinean Pesos are the official published exchange rates.
6. Intangible assets
| | Intangibles acquired: Platform Development & Software | Intangibles added internally Streams | Subtotal | Goodwill | Total |
| | £'000 | £'000 | £'000 | £'000 | £'000 |
| Cost or valuation: | | | | | |
| At 1 Jan 2023 | 485 | 485 | 970 | 360 | 1,330 |
| Additions | - | 141 | 141 | - | 141 |
| Disposals | - | - | - | - | - |
| At 30 June 2023 | 485 | 626 | 1,111 | 360 | 1,471 |
| Additions | - | 116 | 116 | - | 116 |
| Disposals | - | - | - | - | - |
| At 31 December 2023 | 485 | 742 | 1,227 | 360 | 1,587 |
| Additions | - | - | | - | |
| Disposals | - | 178 | 178 | - | |
| At 30 June 2024 | 485 | 920 | 1,405 | 360 | 1,765 |
| Additions | - | 163 | 163 | - | 163 |
| Disposals | - | - | | - | |
| At 31 December 2024 | 485 | 1,083 | 1,568 | 360 | 1,928 |
| | | | | | |
| Amortisation: | | | | | |
| At 1 Jan 2023 | 324 | 254 | 578 | - | 578 |
| Charge for the period | 117 | 68 | 185 | | 185 |
| Disposals | - | - | - | | - |
| Impairment | 44 | 304 | 348 | 360 | 708 |
| At 30 June 2023 | 485 | 626 | 1,111 | 360 | 1,471 |
| Charge for the period | - | - | - | - | - |
| Disposals | - | - | - | - | - |
| Reversal of Impairment | (36) | (269) | (305) | - | (305) |
| 31 December 2023 | 449 | 357 | 806 | 360 | 1,166 |
| Charge for the period | 36 | 132 | 168 | - | 168 |
| Disposals | - | - | - | - | - |
| At 30 June 2024 | 485 | 489 | 974 | 360 | 1,334 |
| Charge for the period | - | 66 | 66 | - | 66 |
| Disposals | - | - | - | - | - |
| At 31 December 2024 | 485 | 555 | 1,040 | 360 | 1,400 |
| | | | | | |
| Carrying amount: | | | | | |
| At 31 December 2023 | 36 | 390 | 422 | - | 422 |
| At 30 June 2024 | - | 431 | 431 | - | 431 |
| At 31 December 2024 | - | 528 | 528 | - | 528 |
During the 6 months to 31st December 2024 the group recognised further capitalised development costs on Streams Data platform in the amount of £163,000.
7. Investment in Associates
|
Investment in Associates | 31 December 2024 |
| 30 June 2024 |
| | £000's | | £000's |
| At 1st July b/f | 217 | | - |
| Exchange adjustments | (4) | | |
| Additions | 176 | | 229 |
| Disposals | - | | - |
| Distributions received | - | | - |
| Profit / (loss) after tax recognised in the consolidated income statement | (33) | | (12) |
| Impairment of interest in Associate | - | | - |
| At 30th December 2024 | 356 | | 217 |
On 1st February 2024 the group acquired a 25% direct interest in Estadio Gana, a company duly incorporated and governed by the laws of Mexico. From 30th April 2024 this stake became diluted to 22.72% as an additional investor was onboarded. The Group accounts for investments in associates using the equity method of accounting. In December 2024 the group purchased additional shares to increase its direct stake up to 25.96%. Summarised income statement information in respect of Estadio Gana for the period ending 31st December 2024 is set-out below as well as the financial position at 31 December 2024. These results represent the earnings and financial position of the Associate based on the entity's unaudited management accounts. The group's share of after-tax losses of associates in the 6 months to 31 December 2024 was £33k (2023: £nil)
|
| 6 months to December 2024 | | 6 months to June 2024 |
| ||||||
|
| £000's | | £000's |
| ||||||
| Turnover | - | | - |
| ||||||
| Profit / (loss) after tax | (146) | | (49) |
| ||||||
| Total comprehensive income | (146) | | (49) |
| ||||||
| |
| | |
| ||||||
|
| | | | 31 Dec 2024 | 30 June 2024 | |||||
|
| Estadio Gana Financial Position |
| | £000's | £000's | |||||
|
| Intangible Assets | | | 996 | 675 | |||||
|
| Trade receivables | | | 65 | 105 | |||||
|
| Prepayments | | | 266 | 175 | |||||
|
| Cash and cash equivalents | | 90 | 345 | ||||||
|
| Total assets | | | 1,417 | 1,300 | |||||
|
| VAT payable | | | - | (6) | |||||
|
| Trade payables | (566) | (173) | |||||||
|
| Total Current liabilities |
| | (564) | (179) | |||||
|
| Net assets | | 851 | 1,121 | ||||||
|
| | | | | | |||||
|
| Capital and reserves |
| | | ||||||
|
| Called up share capital | | 1,243 | 1,243 | ||||||
|
| Fx reserve | | | (196) | (73) | |||||
|
| Retained Losses | | | (195) | (49) | |||||
|
| Shareholders deficit / Shareholders funds | 851 | 1,121 | |||||||
During the 6months to 31 December 2024 the Group provided £385,000 of Development, Marketing and Intelligence services to EstadioGana and £27,000 of payroll services. At 31st December 2025 Estadio Gana owes the group £552,000. Estadio Gana's principal activity is the development of the Sports betting business in Mexico which it expects to launch to consumers during March 2025.
8. Other Investments
The group continues to hold a 10.0% interest in Capital Media Sports S.A. de C.V., a company duly incorporated and governed by the laws of Mexico Capital Media Sports. (31 December 2023: Nil).
9. Share Capital and Reserves
| | 31 Dec 2024
| 31 Dec 2023 | 30 June 2024 |
| | £000s | £000's | £000's |
| Ordinary Share capital | 1,213 | 864 | 973 |
| Share premium | 24,272 | 21,909 | 22,149 |
| Translation Reserve | (2,940) | (3,050) | (3,050) |
| Share Based Payment reserve | 396 | 62 | 243 |
| Retained earnings | (20,319) | (18,832) | (19,501) |
| | 2,622 | 955 | 815 |
The total number of Ordinary Shares in issue as at 31 Dec 2024 was 8,825,217,939 with a par value of 0.01 pence per share (31 Dec 2023: 5,333,941,619 with a par value of 0.01 pence per share). In addition, there are 140,753,533 Deferred Shares of 0.19 pence nominal value each in issue. The Deferred Shares, as their name suggests, have very limited rights which are deferred to the Ordinary Shares and effectively carry no value as a result.
| Allotted, called up and fully paid | 6 months ended 31 Dec 2024 | 6 months ended 31 Dec 2023 | Year ended 30 June 2024 |
| In issue at start of period | 6,424,115,963 | 4,369,655,903 | 4,369,655,903 |
| Issued during the period | 2,401,101,976 | 964,285,716 | 2,054,460,058 |
| In issue at end of period | 8,825,217,939 | 5,333,941,619 | 6,424,115,963 |
The balance in the share premium account represents the proceeds received above the nominal value on the issue of the Company's equity share capital.
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014, as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
For further information, please contact:
Mobile Streams plc
John Barker, Chairman
+44 7711 920 865
www.mobilestreams.com
Beaumont Cornish (Nominated Adviser)
James Biddle and Roland Cornish
+44 (0) 20 7628 3396
Peterhouse Capital Limited (Broker)
Lucy Williams and Duncan Vasey
+44 (0) 20 7469 0930
Beaumont Cornish Limited, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting as nominated adviser to the Company in relation to the matters referred herein. Beaumont Cornish Limited is acting exclusively for the Company and for no one else in relation to the matters described in this announcement and is not advising any other person and accordingly will not be responsible to anyone other than the Company for providing the protections afforded to clients of Beaumont Cornish Limited, or for providing advice in relation to the contents of this announcement or any matter referred to in it.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.