Mobile Streams plc Reports Trading Results for the Six Months Ended December 31, 2017; Provides Earnings Guidance for the Six Months Ended December 31, 2017 and Second Half 2018
The EBITDA loss for the six months ended December 31, 2017 is expected to be in the region of £700,000.
The Company expects that the EBITDA loss for the second half 2018 of the year will be lower than that experienced in the first half of the financial year. Trading conditions in the Company's core markets of India and Argentina are unlikely to change materially in the second half of the current financial year meaning that the Company expects that second half revenues will be slightly below those recorded in the first half of the year.