logo-loader
viewMinds + Machines Group Limited

Minds + Machines Group 'now generating real cash' as business momentum continues

Minds + Machines Group Ltd's (LON:MMX) Toby Hall caught up with Proactive London's Andrew Scott to discuss the firm's interim results to June 2019.

The internet registry, which owns internet TLDs including .luxe and .xxx, generated revenue of US$8.9mln in the six months to 30 June, up 39% compared to this time last year.

Operating profits before exceptional costs and net of auction revenue increased fourfold to US$2.7mln, enabling a swing to a statutory profit before tax of US$1.7mln compared to a first-half loss of US$14.7mln last time.

Quick facts: Minds + Machines Group Limited

Price: 6.8 GBX

AIM:MMX
Market: AIM
Market Cap: £62.49 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Minds + Machines Group Limited named herein, including the promotion by the Company of Minds + Machines Group Limited in any Content on the...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Investor Update: Shield Therapeutics targets $1bn US market after FDA...

Top stories from the Proactive Investors UK newsroom. Shield Therapeutics (LON:STX) has been given approval by the US Food and Drug Administration to sell its lead product Feraccru as a treatment for iron deficiency in adults. The US prescription market for iron replacement therapy is...

on 26/7/19

RNS

Director/PDMR Shareholding

4 weeks, 1 day ago

TR-1

1 month ago

TR-1

on 8/11/19

2 min read