Digitalbox reports on a “mixed bag” of a year in 2022

News Direct

Mar 30, 2023

–News Direct–

Digitalbox PLC (AIM:DBOX) CEO James Carter speaks to Proactive following the release of final results for 2022, that he describes as a “mixed bag” of a year for the digital media business. He also gives his take on wider trends affecting the global advertising market and looks ahead to what investors can expect from the company during 2023.

Here's the story from earlier:

Digitalbox PLC (AIM:DBOX), the AIM-quoted owner of leading websites Entertainment Daily, The Daily Mash, The Tab and The Poke, managed to bolster its cash position and achieve EBITDA growth in 2022 despite a small revenue dip.

Group revenues of £3.6mln underperformed 2021 results by -2.4%, though underlying earnings did increase 5.1% to £1.08mln, just above expectations, due to improved margin control.

Contact Details

Proactive UK Ltd

Proactive UK Ltd

+44 20 7989 0813

uk@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/digitalbox-reports-on-a-mixed-bag-of-a-year-in-2022-209323034

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