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Mobile Streams PLC - London-based mobile content provider - Reports revenue of £1.1 million in the six months ended December 31, up from £281,000 year-on-year. Notes that all revenue is from continuing operations, and mainly from the strategic partnership and contract with International Gaming Systems. However pretax loss widens to £1.2 million from £640,000. Administrative expenses rise to £1.6 million from £690,000. Chief Executive Mark Epstein says: ‘Since the announcement of the first NFT contract in July 2022, with initial revenues in October 2022, we have started to generate more meaningful NFT revenues and expect these to increase even more during the year. We expect to see continued significant growth in 2023 through our NFT business both in terms of revenue and product.’ Current stock price: 0.13 pence 12-month change: down 57% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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