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Coronavirus impact: 10 Sept - impressive news from the usual suspects

10/09/2020 · Games Workshop (GAW)  · LoopUp Group PLC (LOOP)  · Mirriad Advertising PLC (MIRI)  · Team17 (TM17)  · VR Education Holdings (VRE) 
AIM FTSE 250 Trends UK

The fantasy of gaming continues to deliver stunning real-word returns as our update here reveals

Mirriad: mighty valuation but compelling technologyInterim results from Mirriad Advertising (LON:MIRI), the computer vision and AI platform company, saw revenue rise over 109% but that was only to £897k. That is somewhat modest for a business valued at £46m and clearly great things are expected of Mirriad’s AI and computer vision technology which can dynamically insert products and innovative signage formats into content. A contract in China with technology giant Tencent illustrates the potential. Thankfully, costs appear to be under greater control than previously and the operating loss decreased significantly to £4.8m. With period end cash of £14.4m this fascinating…

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