From The Chairman
Adslot's H1 FY21 Financial Results were released yesterday morning with Trading Fee revenue was up 83% HoH and 27% on PCP.
Adslot Media has delivered a second consecutive, record quarter of both value and volume of media traded on the platform with the value of media traded on the Adslot Media platform increase 79% vs PCP and the volume of trades increased 24% QoQ.
Adslot Ltd (ASX:ADS) is pleased to invite all shareholders and investors to join a Live Investor Webinar at: 11.00 AM (AEDT) on Wednesday 21 October 2020 hosted by the company’s CEO, Mr Ben Dixon, and the President of Adslot’s US operations, Mr Chris Maher.
A record quarter for Adslot Media as the September 2020 quarter saw the value of media traded on the Adslot Media platform increase +31% QoQ and +48% vs PCP to $6.24M.
Adslot will be holding a Live Investor Update next Thursday 30 July 2020 hosted by the company's CEO, Ben Dixon and the company's President of US Operations, Chris Maher.
Adslot Ltd's ASX stock code changes to ADS today. The Company requested the ADS code when it changed its name to Adslot in 2012, but it's only recently become available.
Adslot is pleased to announce the signing of a new European Symphony customer: Omnicom Media Group (OMG) in the Netherlands. The contract is a multi-year agreement, with pre-deployment activities commencing immediately and full deployment expected in July 2020.
Adslot shares its March 2020 quarterly highlights including signing an MSA with the Dentsu Aegis Network; and seeing initial trades from IPG and Havas.
Adslot has today updated the market on the impact of COVID-19 on its business operations. The Company has also announced a number of cost reduction measures to preserve operating cash runway.
Adslot announced the appointment of former Hitwise global sales executive and CEO, Chris Maher, as the President of the Company's US operations. Maher served as global president of Hitwise and was a key member of the executive team that led a $260M sale to Experian.
Adslot has successfully closed a $6.4M share placement to new and existing institutional investors. The Company experienced strong demand from both new and existing institutional investors, as well as strong demand from existing shareholders and directors of the Company.
Adslot executed another important data partnership agreement with Oracle Data Cloud. Oracle Data Cloud is one of the largest and most trusted DMPs in the US market, and this partnership is a significant step forward in expanding Adslot's data integration and audience targeting capabilities for US advertisers.