From The Chairman
Adslot Ltd (ASX:ADS) released its June 2022 Quarterly Activity Report and Appendix 4C this morning. Trading has finally commenced on the IPG/Kinesso Health & Wellness marketplace, GroupM UK Premium Supply Initiative successfully relaunched in the UK, and the second Symphony - Adslot Media integration has been launched in the Australian market.
Adslot today announced a $3.8M capital raising consisting of a $1.8M Placement to new and existing institutional and sophisticated investors; and a further $2.0M Entitlement Offer to all existing shareholders.
Adslot today announced that US-based non-executive director Tom Triscari has joined the Adslot executive team as Head of Corporate Development and Interim CFO, where he will help drive partnership and corporate discussions in the US and European markets.
In response to inbound interest and ongoing discussions with industry partners, the Company has today appointed New York boutique investment and advisory firm East Wind Capital to further assist in its strategic review process.
Adslot today announced a two-year extension to its Marketplace Agreement with GroupM UK, a component of GroupM's Premium Supply Initiative.
Adslot's H1 FY22 results delivered improved financial performance, including continued growth in key revenue lines, a further reduction in costs, and an EBITDA profit.
Adslot's global GroupM Symphony agreement was executed over the weekend, extending the term by a minimum three years to at least July 2024. The Company also released its full year financial results for FY21 this morning, with Trading Fee revenue up 41%.
Adslot today announced the appointment of Tom Triscari, a leading voice in the programmatic adtech industry, to the Board of Adslot.
Adslot announced today that trading has commenced on Adslot Media's white-labelled GroupM marketplace in the UK, which is part of the GroupM Premium Supply Initiative.
Adslot released its June 2021 Quarterly Activity Statement and Appendix 4C today. Adslot Media's TTV for the full financial year 2021 was a record $28.3M, up 82% from $15.5M in the financial year 2020.
Adslot announced it has executed a marketplace agreement with GroupM, the world's largest media investment company, to create a private marketplace branded with the GroupM name using the Adslot Media platform.
Adslot announced yesterday that it has executed agreements with two of S4 Capital's leading US-based digital agencies, Media Monks and Firewood Marketing.