RNS Number: 0278 Q Mirriad Advertising PLC 16 June 2020 Mirriad Advertising plc. In particular, campaign activity in China is picking up as predicted, with 15 new campaigns running from over 10 different advertisers.. "Momentum in Europe is also starting to build again, with new content from our partners being pushed into all markets.
RNS Number: 4040 N Mirriad Advertising PLC 20 May 2020 Mirriad Advertising plc. ANNUAL REPORT AND ACCOUNTS AND NOTICE OF AGM. Mirriad currently operates in the US, Europe and China..
RNS Number: 2406 N Mirriad Advertising PLC 18 May 2020 Mirriad Advertising plc. Executive LTIP award, Director and PDMR dealings. Mirriad Advertising plc, the computer vision and AI platform company, announces that, under the terms of the Company's long-term incentive plan, the following awards were granted on 18 May 2020..
RNS Number: 8129 M Mirriad Advertising PLC 13 May 2020 TR-1: S tandard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
Mirriad Advertising’s #MIRI innovative methodology to insert high-impact advertising inventory into content is gaining traction with platforms, agencies and advertisers. Conversion into revenues was slow but is now building. The group’s two-year exclusive contract with Tencent in China is clear validation and it is now in advanced talks with several top-tier US entertainment majors. COVID-19 is seriously impacting advertising spend, but Mirriad’s approach potentially redefines the value equation and it looks well placed. Last summer’s £16.2m fund-raise put the group on a sound financial footing, with end April 2020 net cash of £15.8m (lease debt only).
#MIRI Mirriad FY Results - FY results: ~£1.14m 2019 revenue ~Op loss reduced 16% to £12.2m ~Net assets £19.2m (£15.6m) ~£19.1m cash & equivalents at 31 Dec 19 ~1st UK customer: Channel 4 in Jan 20 ~2020 Q1 rev +129% £305k
Mirriad Advertising Plc (MIRI.L) Announced, in its unaudited results for the year ended 31 December 2019, that revenues rose to £1.1 million from £0.4 million posted in the same period preceding year. The company’s loss before tax stood at £12.2 million, compared to a loss of £14.3 million reported in the previous year. The basic loss per share stood at 8p compared to loss of 14p reported in the previous year. The company’s cash and cash equivalents stood at £19 million (2018: £15 million). #MIRI
·2019 revenue of £1,140 k. ·Operating loss reduced 16% to £12.2 m. ·Signature of contract with Tencent Video in China in June 2019.
RNS Number: 5445 M Mirriad Advertising PLC 11 May 2020. A second and final Price Monitoring Extension has been activated in this security. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 5423 M Mirriad Advertising PLC 11 May 2020. The auction call period has been extended in this security by 5 minutes. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
Mirriad Advertising plc, the computer vision and AI platform company, is seeing encouraging signs from its operations in China. Mirriad's exclusive partnership with Tencent, one of the largest online video platforms in China with over 700 million active users and 120 million paying subscribers, gives advertisers access to vast audiences by placing their...
#MIRI Mirriad will be hosting a webinar for analysts & investors at 10:00am BST on 12 May 2020 to provide a briefing presentation following release interim results.
RNS Number: 1646 M Mirriad Advertising PLC 06 May 2020 6 May 2020. Notice of analyst and investor webinar. Mirriad currently operates in the US, Europe and China..
In this video, Stephan Beringer, CEO of Mirriad Advertising, describes the group's business model and how the company works with platforms, content providers and brands to open up a new type of high-impact embedded advertising. He outlines how the group derives its revenues and its newer revenue models, such as the agreement with Tencent in China. He then talks through the barriers to entry, in particular the technology and expertise involved. He discusses how COVID-19 is affecting the industry and the business and how the group's China-based operations are rebuilding, as well as the longer-term likely structural changes to the global advertising ecosystem. #MIRI Mirriad Advertising opens up new revenue streams for content producers and distributors worldwide by creating new advertising inventory in content. Its patented, AI and computer-vision technology dynamically inserts products and innovative signage formats after content is produced, such that the artificial insertion is almost impossible for the human eye to see. Mirriad's market-first solution integrates with existing subscription and advertising models and dramatically improves the viewer experience through the ability to completely eliminate the need for commercial interruptions.
Mirriad #MIRI revises the option scheme for CEO Stephan Beringer & issue grants to Chairman John Pearson & Non-Executive Director Bob Head. The new performance related Options are priced at 15p, equivalent to the price paid by investors in the placing in 2019.
Mirriad Advertising plc, the computer vision and AI platform company, announces grants of Options over the Company's ordinary shares of £0.00001 under its Long-Term Incentive Plan set up as part of its IPO in December 2017. The performance options have a 15 pence strike price.. In August 2019 following the Company's successful fundraising the Company's...
Mirriad #MIRI provides a market update: - Business well capitalised - Tencent resumes activity following coronavirus disruption in China, placing advertising orders over the last two weeks from Luckin Coffee, Mengniu Dairy, Enterprise WeChat and Huawei. - Mirriad is also pleased to report the highly successful conclusion of a pivotal campaign with a leading advertiser in the US. This advertiser study shows Mirriad in-video advertising can increase purchase even among heavy users.
Mirriad continues to make good progress in its key partnership with Tencent Video in China. Following initial disruption caused by the sudden impact of the coronavirus in China, Tencent has resumed activity with Mirriad, placing advertising orders over the last two weeks from Luckin Coffee, Mengniu Dairy, Enterprise WeChat and Huawei.. Tencent is continuing...
#MIRI Mirriad Advertising appoints Canaccord Genuity as NOMAD & corporate broker. CEO Stephan Beringer added.. "Progress towards the adoption of our solution is happening across all forms of distribution in our key markets as planned.."
Mirriad is a video technology company delivering in-video advertising by naturally blending brand advertising into popular entertainment content. Mirriad creates advertising opportunities within existing video content across multiple shows. Advertisers can reach target audiences in a contextually relevant way without interrupting the viewing experience. The new ad format can be used alone or combined with other media and is aligned with existing media trading. Mirriad is headquartered in London, with offices in the leading advertising markets in the world: New York, Mumbai, Shanghai and São Paulo.