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 multi-channel di

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 Hunt a

The FTSE 100 finished lower at the close on Wednesday, as tech earnings weighed on equities across the pond, despite figures showing a strong result for UK business activity in July.The FTSE 100 index closed down 13.68 points, 0.2%, at 8,153.69. The FTSE 250 ended down 140.65 points, 0.7%, at 20,950.84, and the AIM All-Share closed down 3.53 points, 0.5%, at 776.64.The Cboe UK 100 ended down 0.1%

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 adjusted

Investors in London were not deterred by continuing concerns of higher for longer US interest rates, as stocks were up heading into the afternoon.The FTSE 100 index was 14.38 points higher, 0.2%, at 7,862.37. The FTSE 250 was up 63.75 points, 0.3%, at 19,403.89. The AIM All-Share was up 0.59 of a point, 0.1%, at 743.71.The Cboe UK 100 was a touch higher at 785.28, the Cboe UK 250 was up 0.1% at 16

Stock prices in London opened in the green on Thursday, with some positive corporate updates helping lift the FTSE 100, a far cry from the sell-off New York tech shares suffered overnight.The tech sector comes into focus again, with streaming service Netflix, traditionally one of the FAANG stocks alongside Facebook owner Meta, Amazon, Apple and Alphabet, reporting quarterly earnings later.The FTSE

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 £27.2 m

- Challenging economic backdrop- Stronger second half- CFO Tim Croston retiresShares in LADBible publisher LBG Media (LBG: AIM) reversed earlier losses to advance 3.9% to 80p despite the multi-channel digital publisher announcing a 10% fall in 2022 pre-tax profit to £7.3 million.LBG blamed 'a challenging economic backdrop' for the fall, however said the group's performance was stronger in the sec

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 Micr

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 indirec

Stock markets were trying to start the last week before Christmas on a positive note, with investors grasping at any encouraging signals from a thin set of macroeconomic and corporate news.The FTSE 100 index was up 34.89 points, 0.5%, at 7,367.01. The FTSE 250 was uo 112.29 points, 0.6%, at 18,700.76, and the AIM All-Share was up 2.29 points, 0.3%, at 824.76.The Cboe UK 100 was up 0.5% at 737.13,

London share prices were rising early Monday, attempting to rally into Christmas after being beaten down last week by interest rate hikes and poor economic data.The FTSE 100 index opened up 23.76 points, 0.3%, at 7,355.88, having lost 1.8% last week. The FTSE 250 was up 40.86 points, 0.2%, at 18,629.34, and the AIM All-Share was up 1.05 points, 0.1%, at 823.52.The Cboe UK 100 was up 0.3% at 735.42

The wait is on for the US interest rate decision, due after the London market close on Wednesday, leaving shares mostly higher at midday but with little overall direction.'There is really no question of whether the Federal Reserve will raise rates or not today. They're almost certainly going up. The key unknown is exactly how much the central bank will push up the cost of borrowing,' said Russ Mou

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 might

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 divid

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 and m

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 acqu

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 invoking

Duration will be the main issue for canny investors wishing to keep part of their portfolio in bonds when interest rates rise. Bank of England governor Mark Carney hinted last month (11 Mar) that the base rate could rise six-fold to 3% by 2017, a move that would hit bond prices.When interest rates rise bond yields fall as investors move their funds into less-risky classes such as cash. As a rule o

Income-hungry investors are set for a boost after chancellor of the exchequer George Osborne's confirmation the Government is considering plans to ease the tax burden on buyers of short-term retail bonds.Under current rules, investors buying paper that trades on the London Stock Exchange's (LSE) Order Book for Retail Bonds (ORB) with maturities of greater than five years can cut their tax bill by