leadf
logo-loader
viewLocation Sciences Group PLC

Location Sciences: New contract win and solid cash flow position is 'biggest positive'

Proactive analyst Ed Stacey delivers his report on Location Sciences, (LON:LSAI), a world leader in location verification for mobile advertising, which recently released a trading update for the current year (year-end Dec). Stacey talks through the three product lines — Verify, GeoProtect, and Insights.

Stacey's report also explains the impact of the additional UK lock-down measures that have derailed the previously expected recovery in revenues for the Verify product.

At the time of the interim results in September, Location Sciences reported a substantial impact from the second-quarter (Q2) lockdown measures, particularly concerning mobile advertising revenues from the restaurant and retail sectors, which essentially came to a halt.

Click here to read Ed Stacey's latest update:recovery and growth play for 2021

Quick facts: Location Sciences Group PLC

Price: 0.415 GBX

LSE:LSAI
Market: LSE
Market Cap: £2.44 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 Location Sciences Group PLC named herein, including the promotion by the Company of Location Sciences Group PLC in any Content on the Site, the...

FOR OUR FULL DISCLAIMER CLICK HERE

Location Sciences reports 'solid first half results' with flagship 'Verify’...

Proactive Research analyst Ed Stacey discusses Location Sciences (LON:LSAI) first half results. As a technology for location-targeted mobile advertising their revenues is 'directly proportional to advertising volumes'. Stacey explains that these results were in line with the trading update...

on 23/9/20

2 min read