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Mobile Streams Achieves Operational Profitability Amidst Mexican Market Expansion

Story Highlights

Mobile Streams ( (GB:MOS) ) has issued an announcement.

Mobile Streams plc reported significant progress in its Mexican sports betting business, with revenues increasing to £415k for the six months ending December 2024, up from £169k in 2023. The company achieved its first month of operational profitability in December 2024, supported by a strengthened balance sheet and increased equity holdings in its Mexican associate. The company is well-positioned for future growth, leveraging its proprietary technology platforms to capitalize on opportunities in the Mexican sports publishing and online betting markets.

More about Mobile Streams

Mobile Streams plc is an AIM-quoted company specializing in mobile content and data intelligence. The company focuses on developing platforms for sports betting and online casino services, particularly in the Mexican market, and also offers digital merchandise, LiveScores, and mobile gaming services.

YTD Price Performance: 30.85%

Average Trading Volume: 28,221,254

Technical Sentiment Signal: Hold

Current Market Cap: £58.34M

Find detailed analytics on MOS stock on TipRanks’ Stock Analysis page.

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