Mirriad Advertising Finals: It’s Jam tomorrow

Mirriad Advertising (LSE: MIRI) 21.5p Mkt Cap £60m. The shares fell after reporting its  finals to December.  The operating loss widened to £12m from last years £9m as MIRI pursue the  development of a new form of instant and high response advertising.  It has developed computer vision technology and an AI platform that connects brands to viewers by providing in-content advertising. After years of  development costs, disappointingly there was a small decrease in Revenue to £2m, when more commercial traction had been  anticipated after  new con...

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