IN BRIEF: Ebiquity achieves yearly trading in line with market view

Ebiquity PLC - London-based media and marketing consultancy - Says trading in 2022 is in line ...

Alliance News 7 February, 2023 | 11:58AM
Email Form Facebook Twitter LinkedIn RSS

Ebiquity PLC - London-based media and marketing consultancy - Says trading in 2022 is in line with market expectations. Ebiquity's revenue is up 20% and 9% organically. In 2021, revenue was GBP63.1 million. Expects underlying operating margin to be 12%, up from 8% a year earlier. This reflects improved operating efficiencies and "continuing strong growth of higher margin digital media solutions business". Net debt amounts to GBP8.9 million as at December 31 with undrawn facilities of GBP8.5 million.

Chief Executive Officer Nick Waters says: "The group has performed well in the year as we continue to build momentum in the business and deliver progress against our strategic plan."

Back in September, Ebiquity had reported 16% rise in revenue to GBP37.2 million in the six months to June 30, from GBP32.0 million a year ago. Pretax loss, however, widened to GBP1.3 million from GBP1.1 million.

Current stock price: 57.00 pence, up 6.5% on Tuesday around midday in London

12-month change: down 3.8%

By Xindi Wei, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

Email Form Facebook Twitter LinkedIn RSS

Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Ebiquity PLC 12.25 GBX 0.00 -

About Author

Alliance News

Alliance News provides Morningstar with continuously updating coverage of news affecting listed companies.

© Copyright 2025 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Modern Slavery Statement        Cookie Settings        Disclosures