B90 Holdings (AIM:B90) saw its shares climb 19% after the online marketing group for the gaming sector reported strong interim results and declared its turnaround complete.
Revenues rose 75% to €2.41 million in the six months to June, while EBITDA, the company’s main performance measure, increased 65% to €0.3 million.
The net loss narrowed sharply to €0.04 million, compared with €0.32 million a year earlier, supported by tighter cost controls and higher partner engagement. Operational cash flow was also positive for the period.
B90, which has restructured into a leaner, B2B-focused operation, credited broader use of artificial intelligence and machine learning across marketing and operations for boosting efficiency and scalability.
The group also expanded its portfolio of active partners during the half.
The shares rose 0.69p to 4.39p.