Mirriad Advertising (GB:MIRI) has released an update.
Mirriad Advertising reports a revenue increase to £1.80m for 2023, up from £1.51m the previous year, with a decrease in adjusted EBITDA loss to £10.4m and a reduction in cash consumption. The company highlights growth in the US and EMEA markets, an improvement in key performance indicators, and successful fundraising efforts. Looking forward, Mirriad is focusing on scaling its in-content advertising platform, having secured strategic partnerships and anticipates a boost in sales from US partner-led sales and the upcoming Upfronts.
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