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(Sharecast News) - MediaZest reported a return to profitability for the year ended 30 September on Friday, with revenue and EBITDA rising sharply on the back of strong trading in the final months of the period.
The AIM-traded creative audio-visual solutions provider posted revenue of 4.15m for the 2025 financial year, up from 3.07m in 2024, while gross profit increased to 2.35m from 1.6m.
Its gross margin improved to 56% from 52%, while EBITDA rose to 331,000 from 14,000 a year earlier.
The group recorded a profit after tax of 98,000 compared with a loss of 214,000 in the prior year, while earnings per share were 0.0058p against a loss per share of 0.0133p.
Cash at the end of the year increased to 99,000 from 64,000.
The company said it delivered a strong final four months of the year, including a significant new contract with First Rate to provide digital currency board installations.
It also completed projects and roll-outs for clients including Pets at Home, Lululemon Athletica, Arc'teryx, Kia, Hyundai and global duty-free operators.
In June, MediaZest appointed Keith Edelman as chairman.
Post year-end, the group restructured its debt, securing agreement from loan holders to write off 529,000 of interest and leaving 785,609 of principal to be repaid over six years.
It also raised 215,000 in gross proceeds from new and existing investors and added Dr Graham Cooley as a significant shareholder.
"We are extremely pleased with the strong performance the company has delivered in 2025, working with our long-standing clients," said chief executive Geoff Robertson.
"It's been pleasing to see the strong long-term demand continue across all three core sectors with our outlook for 2026 remaining strong, targeting more year-on-year growth and further increased profitability in 2026."
At 1521 GMT, shares in MediaZest were up 18.18% at 0.13p.
Reporting by Josh White for Sharecast.com.