Total group revenue up 13% 17 major new client wins Pre-tax profit of £8.6 million Shares in LBG Media (LBG:AIM) gained over 4% to 98p in morning trading as the LADBible publisher reported a 13% rise in total revenue for half-year lifted by significant client wins. The company, which focuses on content for young adults, saw a 165% increase in pre-tax profit to £8.6 million for the six months...

Diageo director buys on five-year lowB&M director buys 70,053 sharesLBG Media directors snap up stockA person closely associated with Dan Mobley - a member of the executive committee at Diageo (DGE) - Diana Mobley has bought 2,280 shares at £21.81 for a total value of £49,727 on 14 February.The alcoholic drinks giant's shares recently took a turn for the worse dropping to a five-year low of...

Stock prices in London were in the green on Wednesday morning, with FTSE 100 firm Intermediate Capital enjoying a boost after hailing 'strong fundraising.'PSNB totalled £17.81 billion in December, up from £11.8 billion in November. The November figure was revised up from £11.25 billion, and the December one far outpaced FXStreet-cited market consensus of £13.4 billion.For the year that...

Total group revenue up 55% to £42.3 millionRecord audience of 494 million globallyYear-to-date shares up 71%Shares in LBG Media (LBG:AIM) were up nearly 3% at 139.5p in morning trading as the LADBible publisher reporting a strong set of first-half results.Total group revenue rose 55% to £42.3 million for the six months ending 30 June 2024 compared to £27.2 million last year.The...

LADBible publisher LBG Media (LBG:AIM) seems to be in full recovery mode ahead of its half-year results on 18 September.Back in July, the youth-focused publisher posted a strong interim trading update with direct revenue increasing by 92% to £22 million and signaled continued growth in the US.Global audience numbers increase to 493 million up from 410 million in the first half of 2023.Peel...

LBG boss buys 341,929 sharesEveryman director tops up Tristel co-founder sells stockAlexander ?Solly? Solomou, chief executive of youth publisher LBG Media (LBG: AIM) bought 341,929 shares at an average of 73p for a total value of £248,753 on 18 April.Earlier in the week, the LADbible owner reported solid full-year results with group revenue rising 7.5% to £67.5 million.The company said...

Revenues rise 10% overall to £27.2 millionYear-on-year content views up 87%Pre-tax losses shrink by a thirdLADBible publisher LBG Media (LBG:AIM) is increasingly tapping social media networks like TikTok and Instagram, plus short videos to power growth, and investors like what they see. Shares in the £150 million content company rallied 5% to 74.5p after posting a 10% rise in revenue to...

First there was ChatGPT - the disruptive AI chatbot made by OpenAI (Chat Generative Pre-Trained Transformer) and now there are searches powered by AI (artificial intelligence) which could bring a revolution in digital advertising as well as spell the end of bog-standard online enquiries.REINVENTING SEARCHIn early February 2023, Microsoft (MSFT:NASDAQ) and OpenAI introduced AI-powered Bing and...

A well-timed positive note from Liberum at the end of November 2022 and a strong year-end trading statement (19 December) have helped propel shares in LADbible parent and diversified youth publisher LBG Media (LBG:AIM) up more than 120% in just two months to 115p.The company said revenue accelerated in the seasonally strong second half to reach year on year growth of 20% as both direct and...

Two companies at the cutting edge of modern media have got hundreds of millions of people devouring their stories. They've become kings of content which goes viral, with users reposting articles and video clips across social media.Big viewer numbers are music to the ears of advertisers who are eager to push products in front of all these people digesting the viral content.On this basis, you...

In an inflationary environment buying an investment trust which offers exposure to both cheap equities and alternative assets like infrastructure which have inflation protection looks a sensible approach.Shares has identified just such a vehicle in the form of Momentum Multi-Asset Value Trust (MAVT). The shares trade at a 1% discount to net asset value and offer a historic yield of 3.7% with...

The disastrous reception to BuzzFeed's US stock market debut earlier this month didn't stop fellow digital publisher and LadBible owner LBG Media (LBG:AIM) from having a successful listing on the UK market on 15 December.LBG Media priced its IPO (initial public offering) at 175p and its shares advanced to 195p in early trading on the first day of dealings. It raised £30 million in new money...

London's blue chip index trades marginally lower at 6,960 in a fairly directionless trading session.One of the few businesses to report results today, tech outfit Micro Focus (MCRO) leads the gainers, up 6.1% to £22.60, as underlying profit margins expanded and the benefits of over $500m (£394m) of acquisitions in the last six months acquisitions flowed through to its bottom line. Excluding...

A wacky day in British politics has seen big swings in the UK's stock market indices for larger and smaller companies as well as a surge in sterling.Lord Chief Justice Lord Thomas of Cwmgiedd said the UK government does not have the power to trigger the country's exit from the European Union without parliamentary approval.A government timetable to begin the UK's withdrawal from the EU by...